Shaikan Payment Update
16 November 2021 Gulf Keystone Petroleum Ltd. (LSE: GKP) ("Gulf Keystone", "GKP" or "the Company") Shaikan Payment Update Gulf Keystone confirms that a gross payment of $35.4 million ($27.7 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $30.0 million ($23.5 million net) for Shaikan crude oil sales during August 2021 and gross $5.4 million ($4.2 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