TIDMGKP

RNS Number : 2700U

Gulf Keystone Petroleum Ltd.

19 December 2011

Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.

19 December 2011

Gulf Keystone Petroleum Ltd. (AIM: GKP)

("Gulf Keystone" or "the Company")

Response to Press Speculation

Gulf Keystone notes the continued unfounded press speculation regarding a potential offer for the Company. The Board of Gulf Keystone ("the Board") does not normally comment on speculation, but confirms that it remains committed to creating value for shareholders, via the continuing 2011/2012 exploration and appraisal programme on its world-class assets in the Kurdistan Region of Iraq.

Whilst there is clearly increasing interest in the region in which Gulf Keystone operates, the Board is not in discussions with regard to a sale of the Company.

Enquiries:

 
 Gulf Keystone Petroleum:            +44 (0) 20 7514 1400 
 Todd Kozel, Executive Chairman 
  and Chief Executive Officer 
 Ewen Ainsworth, Finance Director 
 
 Strand Hanson Limited               +44 (0)20 7409 3494 
 Simon Raggett / Rory Murphy / 
  James Harris 
 
  Mirabaud Securities LLP             +44 (0)20 7878 3362 
 Peter Krens 
 
 Pelham Bell Pottinger               +44 (0) 20 7861 3232 
 Mark Antelme

or visit: www.gulfkeystone.com

Notes to Editors:

-- Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration and production company focused on exploration in the Kurdistan Region of Iraq.

-- Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for fourexploration blocks in Kurdistan.

-- The Company's shares have traded on the AIM market of the London Stock Exchange since listing on 8(th) September 2004.

-- Gulf Keystone Petroleum Limited is registered in Hamilton, Bermuda with further offices in Erbil, Kurdistan (Iraq), Algiers, Algeria and London, UK.

Not for release, publication or distribution, directly or indirectly, in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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