A Gulf Keystone Petroleum non-executive chairman is set to retire from the board of directors.
Simon Murray will step down, with Andrew Simon, senior independent director assuming the role on an interim basis.
A search process for a new non-executive chairman will now begin.
Andrew said:”On behalf of the board and everyone at Gulf Keystone I would like to thank Simon Murray for his significant contribution since 2013.
“During his tenure he oversaw the move up from AIM to the main market of the London Stock Exchange, and the company achieve its production target of 40,000 barrels of oil per day.
“He has also worked tirelessly on behalf of the company as we navigate through some of the challenges brought about by both the geo-politics of the region where we operate and the current oil price environment.
“We wish him well in the future.”