Gulf Keystone Names New Numbers Man

Gulf Keystone Petroleum appointed of Kristian 'Ewen' Ainsworth as Finance Director of the Company with immediate effect. Ainsworth replaces Jon Cooper who stepped down as Finance Director and as a Board member following the expiry of his notice period also on Jan. 23, 2008.

Ainsworth (age 45) has more than 20 years experience of finance roles within the oil & gas industry. Prior to joining Gulf Keystone, he was Finance Director of London AIM listed Europa Oil & Gas (Holdings) plc.

Ainsworth has held increasingly senior finance positions within a number of oil & gas companies including Conoco (U.K.) Ltd (London), Murco Petroleum Ltd (London), Texaco Ltd (London and Aberdeen) and CIECO Exploration & Production (UK) Ltd where he was responsible for all aspects of North Sea accounting and providing financial support for the Algeria and Azerbaijan operations. He joined Europa Oil & Gas (Holdings) plc in September 2004 where Ainsworth provided support to the business across a wide brief, including, preparation and submission of a successful licence application in Egypt, business development, compliance, legal and HR issues.

A qualified accountant, Ainsworth gained ACMA accreditation in 1993. He has strong technical skills in managing public company finances and regulatory obligations as well as international transaction and funding experience.