Gulf Keystone Petroleum Regulatory News (GKP)

24 Jan 2008 13:11

Gulf Keystone Petroleum Ld24 January 2008 GULF KEYSTONE PETROLEUM LIMITED ("Gulf Keystone" or "the Company") Board Changes Gulf Keystone Petroleum (AIM: GKP), an independent oil & gas exploration companyoperating in Algeria and the Kurdish Region of Iraq, today announces theappointment of Mr. Kristian 'Ewen' Ainsworth as Finance Director of the Companywith immediate effect. Mr. Ainsworth replaces Mr. Jon Cooper who stepped downas Finance Director and as a Board member following the expiry of his noticeperiod also on 23 January 2008. Mr. Ainsworth (age 45) has over 20 years experience of finance roles within theoil & gas industry. Prior to joining Gulf Keystone, Mr. Ainsworth was FinanceDirector of London AIM listed Europa Oil & Gas (Holdings) plc. Mr. Ainsworth has held increasingly senior finance positions within a number ofoil & gas companies including Conoco (U.K.) Ltd (London), Murco Petroleum Ltd(London), Texaco Ltd (London and Aberdeen) and CIECO Exploration & Production(UK) Ltd where he was responsible for all aspects of North Sea accounting andproviding financial support for the Algeria and Azerbaijan operations. Hejoined Europa Oil & Gas (Holdings) plc in September 2004 where Mr. Ainsworthprovided support to the business across a wide brief, including, preparation andsubmission of a successful licence application in Egypt, business development,compliance, legal and HR issues. A qualified accountant, Mr. Ainsworth gained ACMA accreditation in 1993. He hasstrong technical skills in managing public company finances and regulatoryobligations as well as international transaction and funding experience. Mr. Todd Kozel, Executive Chairman, Gulf Keystone, commented, "I am delighted that Ewen Ainsworth is joining Gulf Keystone. Ewen brings abroad range of finance expertise gained from over 20 years of experience in theoil & gas industry. He will be a key addition to the Gulf Keystone Board andmanagement team." Save for the declerations below there are no updated disclosures to be made inrespect of the appointment of Mr. Ainsworth under rule 17 and under Schedule 2paragraph (g) of the AIM rules. Current Directorships Company Date of Appointment Discovery Energy Limited December 2002 Past Directorships (last five years) Company Date of Resignation Europa Oil & Gas (Holdings) plc January 2008Europa Oil & Gas SRL January 2008 Enquiries Gulf Keystone Petroleum: +44 (0) 20 7514 1400Todd Kozel, Executive Chairman Hoare Govett Limited: +44 (0) 20 7678 8000Andrew Foster Tristone: +44 (0) 207 399 2470Simon Ashby-Rudd Citigate Dewe Rogerson: +44 (0) 20 7638 9571Media: Martin JacksonAnalysts: Kate Delahunty or visit: www.gulfkeystone.com This information is provided by RNS The company news service from the London Stock Exchange