Shaikan Payments Update
4 March 2022 Gulf Keystone Petroleum Ltd. (LSE: GKP)("Gulf Keystone", "GKP" or "the Company") Shaikan Payments Update Gulf Keystone confirms that a gross payment of $47.0 million ($36.8 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $38.4 million ($30.1 million net) for Shaikan crude oil sales during November 2021 and gross $8.5 million ($6.7 million net) in relation to the arrears from the outstanding January 2020 to February 2020 invoices. Following receipt of the arrears payments, the current