KURDISTAN-IRAQ OIL & GAS CONFERENCE John Gerstenlauer, CEO 17 December 2014
Gulf Keystone was incorporated in 2001 and is listed on the Main Market of the London Stock Exchange. An independent oil and gas exploration and production company, we are a leading operator in the Kurdistan Region of Iraq where the…
A leading Kurdistan independent E&P company Public company, moved to Standard Segment of Official List in March 2014 One of the largest acreage holders in Kurdistan, 1,632 km2 across four contiguous blocks All 2P reserves and…
Shaikan commercial production since July 2013 PF-1 PF-2 Shaikan 1 Shaikan 3 Shaikan 4 Shaikan Shaikan 2 Shaikan 5 Shaikan 10 Shaikan Well Well Well 7 and 8 Well Well Well 11 Well Wells Shaikan 11 Well barrel/day…
40,000 ibopd and ibeyond 40,000 bopd by year end Total commercial production from Shaikan has now reached 5.5 million barrels Installation of the flowlines to connect the Shaikan-7, -8, and -10 wells to PF-1 and -2 is complete…
Shaikan: Phase 1 (CPR 2P) Wells 5 Shaikan Phase 1 is focused on the first 26 development wells targeting 299MMstb of 2P reserves Flowline Source: GKP
Shaikan: Full field development: Ibeyond phase 1 6 Shaikan Full Field Development envisages approximately 109 wells targeting 1,001MMstb of 2P + 2C reserves and contingent resources Further reserves are fully expected in time…
Current Export Route Shaikan 7
Potential export routes Possible injection point Possible twinned Heavy Oil Line 8
getting Shaikan into the pipeline 9
Strong stakeholder relationships Stakeholder relationships Over 300 employees and contractors in the Kurdistan Region of Iraq 93% of employees are Kurdish nationals, receiving regular training in the region and abroad Approximately…
Thank you 11
KURDISTAN-Iraq oil & gas conference 17 December 2014
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