• Gulf Keystone agreed to merge with ShaMaran Petroleum to create an independent oil producer focused on Kurdistan and Federal Iraq.
• Supply chain constraints pushed expected startup of PF-2 water handling facilities to Q2 2027, delaying incremental production.
• Preparations continue for a return to drilling and field development in 2027.
• Production and exports continue with full well capacity of approximately 45,000 barrels per day.
• The balance sheet remains debt-free, with cash of $48.2 million as of October 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gulf Keystone Petroleum Ltd. published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.