Block Listing Application

5 April 2022

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone", "GKP" or "the Company")

Block Listing Application

Gulf Keystone announces that an application has been made to the Financial Conduct Authority for a block listing of 2,700,000 common shares of $1.00 each (the "Common Shares") in the Company to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities ("Admission").

The new Common Shares will be issued from time to time, pursuant to the Company's existing general authority to issue shares on a non pre-emptive basis, to satisfy the issue of shares pursuant to the exercise of options under the Company's 2016 Value Creation Plan ("VCP") and Long Term Incentive Plan ("LTIP").

It is expected that Admission of the new common shares will become effective on or around 6^th April 2022. The shares will be issued fully paid and will rank pari passu in all respects with the existing issued Common Shares of the Company.

Enquiries:

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.

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