Business
Share Price Update
Share Price Update.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n \nRNS Number : 7929L Gulf Keystone Petroleum Ltd. 04 August 2011 \n \n\nNot for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.\n \n \n \n \n4 August 2011\n \nGulf Keystone Petroleum Ltd. (AIM: GKP)\n(\"Gulf Keystone\" or \"the Company\")\n \nShare Price Update \n \n \nGulf Keystone notes the sudden fall in its share price and confirms that it knows of no reason for this decline, beyond today's general market turmoil. \n \nThe Company remains completely focused on the active exploration and appraisal programme across all the four blocks in the Kurdistan Region of Iraq, including the current drilling operations at the Shaikan-2, Shaikan-4, Sheikh Adi-1 and Bekhme-1 wells. \n \nThe Company is expecting to commence oil exports at an initial stabilised rate of 5,000 barrels of oil per day (\"bopd\") in the coming months increasing this target to 10,000 bopd shortly thereafter.\n \nGulf Keystone will be providing further operational updates in due course and will report half year results in September 2011.\n \n \nEnquiries:\n \n\n\n\n\nGulf Keystone Petroleum:\n\n\n+44 (0) 20 7514 1400\n\n\n\n\nTodd Kozel, Executive Chairman and \nChief Executive Officer\n\n\n\n\n\n\n\nEwen Ainsworth, Finance Director\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited:\n\n\n+44 (0) 20 7409 3494\n\n\n\n\nSimon Raggett / Rory Murphy / James Harris\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMirabaud Securities LLP: \n\n\n+44 (0) 20 7878 3362\n\n\n\n\nPeter Krens\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPelham Bell Pottinger:\n\n\n+44 (0) 20 7861 3232 \n\n\n\n\nMark Antelme\n \n\n\n\n\n\n\n\n \nor visit: www.gulfkeystone.com \n \nNotes to Editors:\n \n§ Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq.\n§ Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for fourexploration blocks in Kurdistan.\n§ The Company's shares have traded on the AIM market since listing on 8th September 2004. \n§ Gulf Keystone Petroleum Limited is registered in Hamilton, Bermuda wit...