Gulf Keystone Petroleum Ltd.
18 April 2017
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
Payment of Reinstated Notes Coupon
Further to the Company's decision to pay the Reinstated Notes coupon of $5 million at 10% interest rate, as stated in the Full Year Results Announcement of 6 April 2017, this has been paid by the Company today, 18 April 2017.
Following the payment of the coupon the Company's current cash position is $120.6 million.
Enquiries:
Gulf Keystone Petroleum: |
+44 (0) 20 7514 1400 |
Jón Ferrier, CEO |
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Sami Zouari, CFO |
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Kate Leslie, Corporate Communications Manager |
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Celicourt Communications: |
+44(0) 20 7520 9266 |
Mark Antelme Jimmy Lea |
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or visit: www.gulfkeystone.com
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Notes to Editors:
· Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent exploration and production company in the Kurdistan Region of Iraq. The Company operates the Shaikan field with current production capacity of 40,000 barrels of oil per day.
· 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.
