Gulf Keystone Petroleum Limited · LSE:GKP

Gulf Keystone Petroleum — Shareholder Meeting (June 2025)

8 slides from Gulf Keystone Petroleum's shareholder meeting presentation, Jun 20, 2025

  1. Slide 1: 2025 Annual General Meeting

    2025 Annual General Meeting 20 June 2025

  2. Slide 2: Disclaimer

    Disclaimer This proprietary presentation (the “Presentation”) has been prepared by Gulf Keystone Petroleum Limited (the “Company”). Under no circumstances may this presentation be deemed to be an offer to sell, a solicitation to buy or a solicitation of an offer to buy securities of any kind in any

  3. Slide 3: 2025 AGM key messages

    2025 AGM key messages Robust local market demand enabling 2025 YTD(1) gross average production of c.44,900 bopd Strict cost control and capital discipline continue to underpin free cash flow generation Annual production, capex and cost guidance unchanged No material impact on Shaikan Field operation

  4. Slide 4: Shaikan Field production & investment

    Shaikan Field production & investment Production & sales performance Work programme & investment 2025 outlook  2025 YTD(1) gross average  Deferred PF-2 shutdown from  Annual production, capex and production of c.44,900 bopd Q4 2025 to Q2 2026 to support cost guidance unchanged  Supported by robu

  5. Slide 5: Leading low cost production

    Leading low cost production  Maintained top quartile cost base in GKP vs peers(1): 2024 Opex + G&A per Barrel ($/bbl Working Interest) 2024  2024 Gross Opex: $4.4/bbl  2024 G&A: $1/bbl Kurdistan operators  Low costs provide downside protection to production and prices  Operating leverage to hig

  6. Slide 6: Capital allocation & shareholder distributions

    Capital allocation & shareholder distributions  Consistent track record of balancing Net capex & shareholder distributions ($m) investment with shareholder returns and robust balance sheet 215  Capital allocation in local sales: 100 10 20 25 35 25  Essential investment to safely maintain (46) (46

  7. Slide 7: 2025 outlook

    2025 outlook Maximise shareholder value from local sales 2025 guidance  Robust local market demand enabling 2025 YTD gross average production of c.44,900 2024 2025 Guidance bopd Production(1) 40.7 40-45  Annual guidance unchanged, with (kbopd) production guidance subject to local market demand Net

  8. Slide 8: Gulf Keystone Petroleum

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