Gulf Keystone Petroleum Ltd. Appointment of Chief Strategy Officer (8401W)
August 24 2015 - 2:02AM
UK Regulatory
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RNS Number : 8401W
Gulf Keystone Petroleum Ltd.
24 August 2015
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23 August 2015
Gulf Keystone Petroleum Limited. (LSE: GKP)
("Gulf Keystone" or "the Company")
Appointment of Chief Strategy Officer
Gulf Keystone is pleased to announce that Nadhim Zahawi has been
appointed as Chief Strategy Officer.
Mr Zahawi is joining Gulf Keystone's management team and will be
responsible for the evaluation of strategic options for the
Company, reporting to CEO Jón Ferrier.
Mr Zahawi, 48, is of Kurdish origin, and moved from Iraq to the
UK in his childhood. He has maintained contact with the Kurdistan
Region of Iraq throughout his extensive career.
He graduated from University College London with a BSc in
Chemical Engineering before going on to have a successful career in
business. This included his early career as European Marketing
Director for Smith & Brooks Ltd, and then as the co-founder and
former CEO of YouGov, the international market research firm which
listed on The London Stock Exchange's AIM market in 2005. Mr Zahawi
has held a number of advisory roles in the Oil & Gas
sector.
He has been a Conservative Member of Parliament for
Stratford-on-Avon since 2010. Given Mr Zahawi's parliamentary
commitments, he will work with Gulf Keystone on a part time basis.
The Chief Strategy Officer position is not a Board appointment.
Commenting on the appointment, Jón Ferrier, CEO, said:
"I am delighted to have secured the services of Nadhim at this
important time in Gulf Keystone's development. He will be a key
part of the management team, alongside Sami Zouari, Tony Peart and
John Stafford.
"With his Kurdish heritage and as a successful businessman,
Nadhim brings a range of additional and critical skills to the
Company. I firmly believe that the breadth and depth of his
regional knowledge will prove invaluable, and will help further
strengthen our relationships within the Kurdistan Regional
Government amongst other key stakeholders in the Kurdistan Region
and internationally.
"On behalf of everyone at Gulf Keystone, I extend a warm welcome
to Nadhim and look forward to his contribution."
Enquiries:
Gulf Keystone Petroleum: +44 (0) 20 7514 1400
Anastasia Vvedenskaya, Head of Investor
Relations +44 (0) 20 7514 1411
Celicourt Communications: +44 (0)20 7520 9266
Mark Antelme
Jimmy Lea
or visit: www.gulfkeystone.com
Notes to Editors:
Gulf Keystone Petroleum Ltd. (LSE: GKP) is an independent oil
and gas exploration and production company with operations in the
Kurdistan Region of Iraq.
Gulf Keystone Petroleum International (GKPI) holds Production
Sharing Contracts for four exploration blocks in Kurdistan, the
Shaikan, Sheikh Adi, Ber Bahr and Akri-Bijeel blocks.
GKPI is the operator of the Shaikan block, which is a major
commercial discovery, with a working interest of 75% and is
partnered with MOL Kalegran Limited (a 100% subsidiary of MOL
Hungarian Oil and Gas plc.) and Texas Keystone Inc., which have
working interests of 20% and 5% respectively.
Gulf Keystone plans to move into the large-scale phased
development of the Shaikan field targeting 100,000 bopd of
production capacity during Phase 1 of the Shaikan Field Development
Plan.
Disclaimer
This announcement contains certain forward-looking statements.
These statements are made by the Company's Directors in good faith
based on the information available to them up to the time of their
approval of this announcement but such statements should be treated
with caution due to inherent uncertainties, including both economic
and business factors, underlying such forward-looking information.
This announcement has been prepared solely to provide additional
information to shareholders to assess the Group's strategies and
the potential for those strategies to succeed. This announcement
should not be relied on by any other party or for any other
purpose.
This communication and the information contained herein is not
an offer of securities for sale in the United States. Securities
may not be offered or sold in the United States unless they are
registered or are exempt from registration. Any public offering of
securities to be made in the United States would be made by means
of a prospectus that would contain detailed information about the
company and its management, as well as financial statements. The
company does not intend to register any portion of this offering in
the United States or to conduct a public offering in the United
States or any other jurisdiction. Any public offering of securities
to be made in the United States would be made by means of a
prospectus that would contain detailed information about the
Company and its management, as well as financial statements. Copies
of this communication are not being, and should not be, distributed
in or sent into the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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