Board Changes

Gulf Keystone Petroleum Ld
24 January 2008



                        GULF KEYSTONE PETROLEUM LIMITED
                       ("Gulf Keystone" or "the Company")


                                 Board Changes


Gulf Keystone Petroleum (AIM: GKP), an independent oil & gas exploration company
operating in Algeria and the Kurdish Region of Iraq, today announces the
appointment of Mr. Kristian 'Ewen' Ainsworth as Finance Director of the Company
with immediate effect.  Mr. Ainsworth replaces Mr. Jon Cooper who stepped down
as Finance Director and as a Board member following the expiry of his notice
period also on 23 January 2008.

Mr. Ainsworth (age 45) has over 20 years experience of finance roles within the
oil & gas industry.  Prior to joining Gulf Keystone, Mr. Ainsworth was Finance
Director of London AIM listed Europa Oil & Gas (Holdings) plc.

Mr. Ainsworth has held increasingly senior finance positions within a number of
oil & gas companies including Conoco (U.K.) Ltd (London), Murco Petroleum Ltd
(London), Texaco Ltd (London and Aberdeen) and CIECO Exploration & Production
(UK) Ltd where he was responsible for all aspects of North Sea accounting and
providing financial support for the Algeria and Azerbaijan operations.  He
joined Europa Oil & Gas (Holdings) plc in September 2004 where Mr. Ainsworth
provided support to the business across a wide brief, including, preparation and
submission of a successful licence application in Egypt, business development,
compliance, legal and HR issues.

A qualified accountant, Mr. Ainsworth gained ACMA accreditation in 1993.  He has
strong technical skills in managing public company finances and regulatory
obligations as well as international transaction and funding experience.


Mr. Todd Kozel, Executive Chairman, Gulf Keystone, commented,

"I am delighted that Ewen Ainsworth is joining Gulf Keystone.  Ewen brings a
broad range of finance expertise gained from over 20 years of experience in the
oil & gas industry.  He will be a key addition to the Gulf Keystone Board and
management team."


Save for the declerations below there are no updated disclosures to be made in
respect of the appointment of Mr. Ainsworth under rule 17 and under Schedule 2
paragraph (g) of the AIM rules.


Current Directorships

Company                                     Date of Appointment

Discovery Energy Limited                    December 2002


Past Directorships (last five years)

Company                                     Date of Resignation

Europa Oil & Gas (Holdings) plc             January 2008
Europa Oil & Gas SRL                        January 2008


Enquiries

Gulf Keystone Petroleum:                    [phone]
Todd Kozel, Executive Chairman

Hoare Govett Limited:                       [phone]
Andrew Foster

Tristone:                                   [phone]
Simon Ashby-Rudd

Citigate Dewe Rogerson:                     [phone]
Media: Martin Jackson
Analysts: Kate Delahunty

or visit: www.gulfkeystone.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange