Gulf Keystone Pet Ord New (GUKYF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Gulf Keystone Petroleum's 2026 Half Year Results presentation. At the end of today's presentation, there will be an opportunity for Q&A. For participants joining via the conference call, you may ask a question by pressing star 1 on your telephone keypad. For those listening through the webcast, you can submit a written question at any time by clicking on the control panel at the bottom of your screen and selecting the questions icon to type it in. We will take analyst questions from the conference call first, followed by investor questions from the webcast. I'll now hand over to Chief Executive Officer, Jon Harris. Jon, please go ahead. Thank you. Welcome to Gulf Keystone's 2026 half-year results presentation. I'm Jon Harris, the CEO, and I'm joined by Gabriel Papineau-Legris, our CFO. Over the next few slides, we will discuss our operational financial performance in the first half of 2026 and the current advent for the business. We will then open the line for questions. Next slide, please. This is our regular legal disclaimer, and I'll leave you to review at your leisure. Presentation slides are available to view on our website. Next slide, please. DOS Keystone delivered a resilient operational financial performance in the first half of 2026 during a period of significant regional disruption caused by the conflict between the USA and Iran. Our priority throughout has been the safety of our people. Despite the challenging circumstances, we are pleased to have extended our track record of zero lost time incidents to over three and a half years. Decisive act to reduce expenditures following the production shutdown enabled us to minimise cash outflow, maintain a robust balance sheet and pay a $12.5 million dividend to shareholders. We are ple...