Update on Shaikan Field operations

16 July 2025         Gulf Keystone Petroleum Ltd. (LSE: GKP) (“Gulf Keystone”, “GKP” or “the Company”)       Gulf Keystone has noted reports over the past two days of explosions at a number of oil fields in the vicinity of the Company’s Shaikan Field.   As a safety precaution, GKP has decided to temporarily shut-in production and has taken measures to protect staff. The Company’s assets have not been impacted.   The Company is closely monitoring the situation and will provide further updates as appropriate.       Enquiries:  

Gulf Keystone:	+44 (0) 20 7514 1400
Aaron Clark, Head of Investor Relations & Corporate Communications	aclark@gulfkeystone.com
FTI Consulting	+44 (0) 20 3727 1000
Ben Brewerton Nick Hennis	GKP@fticonsulting.com

  or visit: www.gulfkeystone.com   Notes to Editors: Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq. Further information on Gulf Keystone is available on its website www.gulfkeystone.com    Disclaimer   This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business. These statements are made by the Company and its 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 risks and uncertainties, including both economic and business factors and/or factors beyond the Company's control or within the Company's control where, for example, the Company decides on a change of plan or strategy. 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.