Gulf Keystone Petroleum Ltd. Retirement of CEO (1504R)
June 26 2020 - 2:00AM
UK Regulatory
TIDMGKP
RNS Number : 1504R
Gulf Keystone Petroleum Ltd.
26 June 2020
26 June 2020
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
Retirement of CEO
Gulf Keystone announces that Jón Ferrier, Chief Executive
Officer, has informed the Board of his intention to retire from the
Company upon appointment of a successor and after a period of
handover.
The Company is now commencing a formal, externally facilitated,
search process and will provide an update as and when
appropriate.
Jaap Huijskes, Chairman of the Company, said:
"Jón Ferrier took the helm five years ago, immediately leading
the Company through its financial restructuring and breathing new
life into GKP as an attractive investment proposition. He has
brought us the experience he gained over a long and distinguished
career, resulting in GKP meeting the highest standards across all
aspects of its business. Today, Gulf Keystone is a highly respected
and successful E&P Company, for which Jón deserves considerable
credit. On behalf of the Board and everyone within the Company I
would like to thank Jón for his leadership and resolute commitment
over the past five years. We will be sad to see him step down when
a successor is found and wish him all the best for his
retirement."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
Celicourt Communications: + 44(0) 20 8434 2754
Mark Antelme
Jimmy Lea
or visit: www.gulfkeystone.com
Notes to Editors:
Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent
operator and producer in the Kurdistan Region of Iraq. Further
information on Gulf Keystone is available on its website
www.gulfkeystone.com
Disclaimer
This announcement contains certain forward-looking statements
that are subject to the risks and uncertainties associated with the
oil & gas exploration and production business. These statements
are made by the Company and its 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 risks and uncertainties, including both
economic and business factors and/or factors beyond the Company's
control or within the Company's control where, for example, the
Company decides on a change of plan or strategy. 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 information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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