Gulf Keystone Petroleum Limited announced that the Company?s Chief Financial Officer, Ian Weatherdon, after a distinguished international career of 35 years, has decided to retire as CFO and a Director and will not be standing for re-election at the Company?s upcoming Annual General Meeting in June 2024. Ian will be replaced as CFO by Gabriel Papineau-Legris, the Company?s current Chief Commercial Officer following the AGM. Ian has been CFO of GKP since January 2020 in charge of financial, information technology and investor relations activities.

Since joining, he has played a key role in building and developing high performing teams whilst overseeing industry leading returns to shareholders during a period of strong production growth and promoted oil prices and maintaining a strong balance sheet. Ian was instrumental in managing the company through the difficult periods of Covid and from the Iraq-Turkey Pipeline (?ITP?) shut-in since March 2023 which necessitated GKP having to pause its development program and focus on costs, accounts payable and maintaining its liquidity. Ian is passionate about people and has built a very strong team which will be an enduring legacy.

The company announced that Gabriel Papineau-Legris, GKP?s Chief Commercial Officer, will be appointed CFO and Executive Director after the AGM in conjunction with Ian stepping down. Ian will work with Gabriel to ensure an effective and timely transition and handover. Gabriel joined GKP in 2016 with strong private equity and investment banking credentials.

Gabriel?s contribution over the last 7 years since the company?s restructuring has been pivotal and makes him the natural successor to Ian as CFO.