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Market Cap: £400.53m
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Operational Update

24 Jun 2008 16:19

RNS Number : 4340X
Gulf Keystone Petroleum Ld
24 June 2008
Ā 



Not for release, publication or distribution in or into jurisdictions other than theĀ United KingdomĀ andĀ BermudaĀ where to do so would constitute a contravention of the relevant laws of such jurisdiction

24 JuneĀ 2008Ā 

GULF KEYSTONE PETROLEUM LIMITEDĀ 

("Gulf Keystone" or "the Company")

Operational Update

Gulf Keystone Petroleum Limited (AIM:GKP), an independent oil and gas exploration company with interests in Algeria and Kurdistan, announces today on behalf of the Sonatrach/GKP joint venture that the GKN-1 well has been shut-in since early June in order to facilitate the planned work programme.

The planned work programme consists of maintenance and repairs on the main oil transportation line, workover of the GKN-1 well and upgrade of the existing facilities to handle the increased production expected when the GKS-2 well is brought onstream for the first time.Ā In addition, during the shut in period the partners will complete the pipeline necessary to commence production from GKS-2.

AnĀ updateĀ on the GKN-1 and GKS-2 wellsĀ will be made when news is available.

Enquiries

Gulf Keystone Petroleum:Ā  +44 (0)Ā 20 7514 1400Todd Kozel, Executive Chairman

Ewen Ainsworth, Chief Financial Officer

RBCĀ Capital Markets: + 44 (0) 20 7653 4667

Andrew Smith

Sarah Wharry

TristoneĀ Capital Limited:Ā  +44 (0)Ā 207 355Ā 5800

Simon Ashby-Rudd

Majid Shafiq

Citigate Dewe Rogerson:Ā  +44 (0)Ā 20 7638 9571Ā  Martin Jackson

George CazenoveĀ 

or visit:Ā www.gulfkeystone.com

This information is provided by RNS
The company news service from the London Stock Exchange
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