30 Jul 2009 07:00
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Not for release, publication or distribution in or into jurisdictions other than theΒ United KingdomΒ andΒ BermudaΒ where to do so would constitute a contravention of the relevant laws of such jurisdiction
Β 30 JulyΒ 2009
Β
Gulf Keystone Petroleum Ltd.
("Gulf Keystone" or "the Company")
Comment re Press Speculation
The CompanyΒ notes yesterday's press speculation and can confirm that the Company,Β Mr Kozel,Β the Company's Executive ChairmanΒ and Mr Al-Qabandi, the Company's Business Development DirectorΒ areΒ not in discussions with Indian Oil Corporation and Oil India joint venture about a takeover of the Company.
The Company confirmsΒ thatΒ it is contemplating a placing of common shares to raiseΒ additionalΒ funds for the Company'sΒ KurdistanΒ development programmesΒ and a further announcement will be made in due course.
Enquiries
Gulf Keystone Petroleum:Β +44 (0) 20 7514 1400Todd Kozel, Executive Chairman
Ewen Ainsworth, Chief Financial Officer
RBCΒ Capital Markets: +44 (0) 20 7653 4667
Sarah Wharry
Tristone Capital Limited:Β +44 (0) 20 7355 5800
Simon Ashby-Rudd
Majid Shafiq
Citigate Dewe Rogerson:Β +44 (0) 20 7638 9571Β Martin Jackson
Β
or visit:Β www.gulfkeystone.com
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