Shaikan Payment Update
5 October 2021 Gulf Keystone Petroleum Ltd. (LSE: GKP) ("Gulf Keystone", "GKP" or "the Company") Shaikan Payment Update Gulf Keystone confirms that a gross payment of $38.5 million ($30.1 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $32.1 million ($25.1 million net) for Shaikan crude oil sales during July 2021 and gross $6.4 million ($5.0 million net) in relation to the arrears from the outstanding December 2019 to February 2020 invoices. Following receipt of the arrears payment calculated based on the