2013 Annual Report and Accounts

RNS Number : 7179F

Gulf Keystone Petroleum Ltd.

29 April 2014

 



Not for release, publication or distribution, directly or indirectly, in whole or in part in or into the United States or any jurisdiction other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws or regulations of such jurisdiction.  This announcement (and the information contained herein) does not contain or constitute an offer to sell or the solicitation of an offer to purchase, nor shall there be any sale of securities in any jurisdiction where such offer, solicitation or sale would constitute a contravention of the relevant laws or regulations of such jurisdiction.

29 April 2014

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone" or "the Company")

2013 Annual Report and Accounts

Gulf Keystone is pleased to present the Company's Annual Report and Accounts for the year ended 31 December 2013.

The Annual Report and Accounts are available on the Company's website at www.gulfkeystone.com.

The Annual Report and Accounts have also been posted to shareholders today.

The Company will publish its Q1 2014 Interim Management Statement on 14 May 2014. 

Enquiries:

Gulf Keystone Petroleum:	[phone]
Anastasia Vvedenskaya, Head of Investor Relations

Notes to Editors:

·            Gulf Keystone Petroleum Ltd. (LSE: GKP) is an independent oil and gas exploration, development and production
 company focused on exploration in the Kurdistan Region of Iraq.

·            Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for four exploration blocks in
 Kurdistan, the Shaikan, Sheikh Adi, Ber Bahr and Akri-Bijeel blocks.

·            GKPI is the Operator of the Shaikan Block, which is a major commercial discovery, with a working interest of 75%
 and is partnered with Kalegran Ltd. (a 100% subsidiary of MOL Hungarian Oil and Gas plc.) and Texas Keystone
 Inc., which have working interests of 20% and 5% respectively.  Texas Keystone Inc. holds its interest in trust for
 Gulf Keystone, pending transfer of its interest to the Company.

·            Gulf Keystone is moving into the large-scale phased development of the Shaikan field targeting 100,000 bopd of
 production capacity during Phase 1 of the Shaikan Field Development Plan following its approval in June 2013.

Disclaimer

This announcement contains certain forward-looking statements.  These statements are made by the Company's Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent uncertainties, including both economic and business factors, underlying such forward-looking information.  This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.  This announcement should not be relied on by any other party or for any other purpose.

This communication and the information contained herein is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States unless they are registered or are exempt from registration. Any public offering of securities to be made in the United States would be made by means of a prospectus that would contain detailed information about the company and its management, as well as financial statements. The company does not intend to register any portion of this offering in the United States or to conduct a public offering in the United States or any other jurisdiction. Any public offering of securities to be made in the United States would be made by means of a prospectus that would contain detailed information about the Company and its management, as well as financial statements. Copies of this communication are not being, and should not be, distributed in or sent into the United States.

This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended from time to time (the Order) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order or (iv) certified high net worth individuals and certified and self-certified sophisticated investors as described in Articles 48, 50, and 50A respectively of the Order or (v) persons to whom this communication may otherwise be lawfully communicated (all such persons together being referred to as relevant persons). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This communication is distributed in any member state of the European Economic Area which applies Directive 2003/71/EC (this Directive together with any implementing measures in any member state, the Prospectus Directive) only to those persons who are qualified investors for the purposes of the Prospectus Directive in such member state, and such other persons as this document may be addressed on legal grounds, and no person that is not a relevant person or qualified investor may act or rely on this document or any of its contents.

 

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