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Gulf Keystone (GKP) Takeover Rumours

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24-07-2014
A further request and one as equally valuable of the first too, I note. AVATAR333 24 Jul'14 - 13:30 - 72499 of 72500 0 0 m5 24 Jul'14 - 13:22 - 368035 of 368035 0 0 Well at least Golly will clear the boards for us as he could send a glass eye to sleep. ======================= 'Clear the boards'? So that you can post some more shit; like the 'takeover rumour' you 'heard' a month or two ago?
Gazz - filtered Mandy, ADVFN banned johnbuy from viewing any board so I can't moderate the Road To Takeover board. Don't know anything about the 150p. I have heard a lot more though.
FYI Looking very good! http://guerillainvesting.co.uk/2014/07/24/sound-oil-a-crouching-tiger-or-creeping-takeover/ Dan x
23-07-2014
1700p takeover rumour ? Anyone else hear it ?
All are welcome to post on here. This is the new road to takeover, as we approach the end.
LRC, are you still howling at the moon, you demented jackal? Here's an idea, as no one on here is talking to you, perhaps a visit to the much heralded 'Road to Takeover Premium board' is in order? I expect it will be absolutely jumping with all the top level posters wanting to debate the pros and cons of your shit GKP investment? PMSL
22-07-2014
A new road to takeover will appear soon................
letmepass. 65 on the cards here like. If that goes its 37 fookin pence fafooks sake!! 2014, producing oil, potential takeover target, and a price of 37 fookin pence? Couldn't happen man. Could it??
Any takeover news as per header?
Something needs to happen before year end imo. If GKP are still soldering on by December with an SP under 100p, we are going to have to raise more cash. Either the SP has to be a lot higher by then, or a JV/takeover needs to have happened, imo.
Aha, Just in time - johnnyretard: johnbuy 22 Jul'14 - 16:30 - 367698 of 367699 3 0 If GKP continues until 2016/17 and get's to 100k barrels per day, then I would expect at least £20 per share in any takeover situation. That would do fine thanks. As for a Chinese offer in 2012, it must have been poor. If it was anything over 800p, Todd should have taken it imo. Time is risk and all that. Like I said, if GKP make it until 2016/17, I will expect a £20+ takeover. The longer GKP stays independent, the more valuable they become. Exxon would rather pay a premium for no risk, imo.
21-07-2014
Oh well, guess you don't have a plan then MuddyRest assured, you're not the only idiot in your position. You can all compare wounds at the takeover party
With GKP it's either a takeover or becoming a super major to rival Exxon and Chevron. Which one do you think is most probable?
lizzy. remember ages ago todd said ,'when the krg want to speak to gkp they know john gerstenlaur or me ( now include murray) will be sat in front of them' it seems important to the krg to know well who they are talking to. I imagine other kurd oilers have similar individuals who can claim a special relationship. I hope you mean it when you say, time to move on, because you still sound angry and frustrated by us posters you think idiots. holding a share solely for a takeover is a bit of a wild hope. I suppose it depends how long you want to wait. if I were you i'd forget the off board secret clubs , they don't help you.
19-07-2014
I wouldn't mount a hostile takeover of an erbil kabab stand if I thought the krg were against it.
Phillis is right, hostiles have been on the wane for some time...at least ten years, although where it has happened it has tended to be with smaller companies. Cyclical, who knows? Worth bearing in mind, as well, that GKP and Takeover Panel regs are an ocean apart.
it was certainly not wanted but in Takeover Panel terms the only bid that was formally tabled was the one that secured a BOD rec
I am not one of oilmans biggest fans, however, what he said on the other thread made a lot of sense. I think people many people out there are angry and frustrated at the current share price, as am I, but I think that the company has moved on a considerable amount since last years AGM and for the better. I truly believe that the only way we will get anywhere near true value of our assets is via a takeover. This stock will not re-rate. The political risk is high for the average PI and all the negative press heightens fear. Let's hope the Chinese come back with another offer.
1712..agree with you, a lot of what has gone on is typical of a approaching hostile takeover and a defence against it (does not mean to say that is what is happening here) Smells like it to me though How would KRG respond to a Hostile I wonder?
1712notout...worth sweet fa... One of the ways to defend a hostile takeover is to make the company appear to be worth a lot less than it really is...many other ploys too... I wonder if the sell it now brigade will come out with a tender offer, or even a creeping tender offer, it may be all they have left in the armoury...
18-07-2014
Just been watching the AGM video. There's something about John G that I've always liked. He comes across as a decent man. The best of the lot, imo. It is a complex task getting production up and running. I sit here and shoot my mouth off about creating shareholder value without a clue as to how difficult it is to get this show on the road. I still think Todd in particular took far too much up front, but I hope now the BOD get down to business and concentrate on the assets for however long we have left before either a takeover or farm-in takes place. I wish them and us good luck.
If there is a takeover soon, where is everyone going to invest their money to make a better return than they will if the t/o is in 2 to 3 years time when a lot more has been proved up
17-07-2014
GKP isn't going to be planning anything other than the takeover party. IMO, GKP's time is now up. No need for the company anymore as their work is done. GKP is a wildcatter and it has been probably the most successful wildcatter the world has ever seen. Being a production super major to rival Exxon and Chevron isn't on the cards here, imo. John G can switch off the lights when the deal goes through.
looks to me like GKP are just stripping back operations and saving cash where they can. CEO/COO combined, no FD, 4 NED's chopped. No financial committment to PF3 yet by the look of the presentation. So it's a cash conservation and waiting game until the political climate sorts itself out, maybe post referendum. I can't see a takeover now for some time (i've been known to be wrong)
Having trawled ( not trolled) through the last 250 posts, the key think arising as a more significant issue, is the probability of a takeover and fairly soon. We can all read the runes of the shuffle. Some make two and two equal five as usual. There could be something in it though. It also makes the idea of being short, particularly dangerous. PS gents and ladies, i don't want a takevover with 92p as the present weak, share price.
So job done by all involved imo. Todd on his way and now for the takeover.
still nice but dim I see. Why would any major style CEO go to GKP if the job will soon be redundant because of takeover? Therefore JG is a stopgap. Who knows?
pretty obvious NB really..........it's always been about a takeover here..........they could have announced that Jedward were taking joint CEO roles and people would be posting about a £6 offer on the table tomorrow. ;)
16-07-2014
Don't believe anything you read in the press,everything is released for a reason. Any real news is always kept private and only known by a few. When a real takeover comes you will just wake up to it, there won't be any leaks.
btw the chances of that ninny being invited to the tent are about the same as Chevron announcing a takeover in the morning.
Lobo, LOL! "Happy to wait until the takeover party to reveal myself" :-)
Indeed Cambrad............the mere fact that he thinks there will be a takeover party is hilarious in itself..........(even more so that he would get an invite). LOL!
johnbuy 16 Jul'14 - 15:17 - 366120 of 366123 1 0 I was thinking of going, but knew I would take a kicking if anyone found out. Happy to wait until the takeover party to reveal myself. Lol,Lol.Lol........Funniest thing i have ever seen jb post!
LOFL johnbuy 16 Jul'14 - 15:17 - 366120 of 366120 0 0 I was thinking of going, but knew I would take a kicking if anyone found out. Happy to wait until the takeover party to reveal myself.
I was thinking of going, but knew I would take a kicking if anyone found out. Happy to wait until the takeover party to reveal myself.
15-07-2014
David Brent 15 Jul'14 - 10:15 - 365863 of 365865 4 0 Jb, you are becoming very tedious again. Last week you were all takeover whispers from you 'contact'. now you're back with the same old repetitive shite, whinging and moaning. If you're not happy with your investment sell up and f.o , we'll be glad to see the back of you. m5 15 Jul'14 - 10:15 - 365864 of 365865 3 0 I really wish jb you would sell your shares and fo. I am sick of reading your tripe day in day out. No offence. Herschel K 15 Jul'14 - 10:18 - 365865 of 365865 0 0 unlike you m5, I'd have said the same, but without the "no offence" at the end........and if he doesn't like that, he can fuck off twice.
14-07-2014
Another piss water day draws to a close here. I hope the whole BOD get the boot on Thursday if I'm honest. Then the KRG can get a JV/Takeover sorted out before year end. (all imo)
1712notout 14 Jul'14 - 13:52 - 98 of 98 0 0(premium) I now think I have heard everything :))))) No you don't have the answer ======================================= You mean my answer that Jeremy Asher went in because of the asset, not Todd? You have never heard squat, except the sound of your own voice. And maybe the various individuals who would like to meet you face-to-face to thank you for that beautiful Ameri-Franco takeover tip.
365446 Makes sense to me especially, 'The end is near IMO. The KRG need the revenue, our time of drilling is over. Recent BOD events show that some move is afoot.' The KRG need rapid development and GKP are not capable in their current situation. Lots of possible outcomes, asset sale, JV, takeover etc BUT i believe it will be the latter, hence my decision to accumulate at this level. We've heard it all before, i've heard various flavours over the years BUT i do believe that the finish line is in sight. Smarty
11-07-2014
I'm very lucky as I bought a lot of shares in GKP during September 2009 and have only ever added more under 100p. I can, even now, sell out at a profit after all these years and all the shite that we have had to endure. At 465p, I was up almost 600%...........and didn't sell a share. Today, I am up around 5%, so I have, in effect, thrown away 595% in profits, so far. But, I can still sell out without a loss in July 2014. That is the important part and is why I can post all day long on these boards without fear. GKP owes me nothing, even at this shite SP. Will we see 465p again........I think we will. Will we see over 1000p at some point...............I think we will. Will we see a takeover before 2015................I think we will.
Pottington I migrated to reading this board only recently in this 'story' I hope there is a happy ending for stockholders Soon And I have read pretty much everything in the public domain on GKP these past 5 yrs Your posts are a tour de force Hope to meet you in person at one of the worldwide takeover parties
10-07-2014
You just give us the rope picture N3tley and stop talking shite. I await it on the road to takeover...........the picture that is, not your limp dick.
I will be unbanning everyone from the road to takeover over the next few days. I have realised that GKP as a company isn't worth a fuck. The assets are all I care about. The BOD is a laughing stock now imo. I wish they would all just fuck off.
Mr Roper 9 Jul'14 - 16:27 - 364872 of 364917 4 0 JB, if the whole board walks, you understand the SP will be decimated.... johnbuy 9 Jul'14 - 16:28 - 364873 of 364917 1 1 That's 5 years worth of posts though NONIC. Have you looked at the road to takeover header? Show me anything in it that deramps GKP? ++++++++++++++++++++++++++++++++++++++++++ JB:I didnt have to look far in your postings-just one :- JB You are a sick joke. PS Sorry FB
09-07-2014
Drbeng, If the prospective acquirer is named up front on the share register, then they can vote. If they have disguised their holding or have control of other shares and that has not been declared, ie the good old concert party trick, then the BoD can disqualify them from voting. Re the takeover, if it's the traditional sort (hostile or supported), it's a simple majority. But it gets more complicated if there's a scheme of arrangement, which is quite common nowadays. Then we're talking a meeting, 75% (present & proxy) by value plus a majority of those present at the meeting.
Drbeng - My hands are up. To sell cheaply as per usual to the family fund in Swiss land? Only wild guess but wonder what an audit would show? Btw, weren't we promised one? So the theory goes: buy cheap shares then add free ones, pump them with promise of takeover on the BB and to any financial journalist that will listen over a nice lunch then sell them to the gullible PIs who will wait patiently for the 'final price' of 'double digit billions'. Use the cash to then invest in debt at a nice interest rate with free shares attach too. Repeat cycle. Worth fighting for innit? Did I get it right or not?
Drbeng, Agreed re acquisition but I think what willoicc was talking about was if an acquirer can get 90% control, then they can force out the remaining 10%, which is correct if it's a takeover. I could be really boring and set out the four different scenarios via which a change of control can occur, each of which have their own set of % requirements and methods to achieve success - but only if anyone is particularly interested.
Glencore takeover it is then,great find
I would love to see GKP decimated so that I can pick up loads of cheap shares just in time for the JV/Takeover. I would love to see under 50p again if possible.
That's 5 years worth of posts though NONIC. Have you looked at the road to takeover header? Show me anything in it that deramps GKP?
FEE FIO OWE (after reading the sunday times letter)... I SMELL A TAKEOVER HERE THIS YEAR. what price is anyones guess.. £2 minimum.
I think GKP is worth £10 per share today in a takeover situation. The KRG probably think the same. I would be happy with £10 per share before the summer is out. If we are still here by year end, we will need to get the old cap out again as we will need more cash. Year end is only 5 months away now.
I have heard that the takeover is coming around 11am this morning - unfortunately I'm planning on having my morning shit around then, so I might miss it. Still, priorities need to be addressed
08-07-2014
Biggerfool, Trouble is, nearly every significant share price movement is to the downside, h'mmm now why is that I wonder, if everything is as great as you twats say? BiggerThus 7 Jul'14 - 19:18 - 11654 of 11663 2 3 Happily I don't have takeover-tourettes or a spastic response to every share price movement, so all well here thanks.
07-07-2014
Evening pondlife. Pleased? I wouldn't go that far ... that's troll territory. Happily I don't have takeover-tourettes or a spastic response to every share price movement, so all well here thanks.
06-07-2014
......and the bottom line is, they no longer NEED GKP for anything! johnbuy 6 Jul'14 - 08:44 - 363943 of 363943 0 0 There is always the flip side that Todd was wanting a cheap takeover. Who knows, but it looks like the KRG will never sell Shaikan for anything less than fair value.........so that would be 800p+ then.....Just for Shaikan.
There is always the flip side that Todd was wanting a cheap takeover. Who knows, but it looks like the KRG will never sell Shaikan for anything less than fair value.........so that would be 800p+ then.....Just for Shaikan.
03-07-2014
The SP doesn't seem to want to rise again. IMO, Todd will be voted out. Then we will see a cheap takeover and we can all leave the GKP circus.
02-07-2014
PMSL johnbuy 2 Jul'14 - 21:15 - 203 of 207 0 0 (Filtered) johnbuy 2 Jul'14 - 21:15 - 204 of 207 0 0 (Filtered) likeyeknow 2 Jul'14 - 21:17 - 205 of 207 0 0 edit Johnbuy, are you still howling at the moon, you demented jackal? Here's an idea, as no one on here is talking to you, perhaps a visit to the much heralded 'Road to Takeover Premium board' is in order? I expect it will be absolutely jumping with all the top level posters wanting to debate the pros and cons of your shit GKP investment? johnbuy 2 Jul'14 - 21:19 - 206 of 207 0 0 (Filtered) johnbuy 2 Jul'14 - 21:22 - 207 of 207 0 0 (Filtered)
Johnbuy, are you still howling at the moon, you demented jackal? Here's an idea, as no one on here is talking to you, perhaps a visit to the much heralded 'Road to Takeover Premium board' is in order? I expect it will be absolutely jumping with all the top level posters wanting to debate the pros and cons of your shit GKP investment?
01-07-2014
I'd piss myself if the takeover price was 78p, so Johnbuy makes a penny a share after all these years. Not to be sniffed at mate?
JB - what's the figure? Do you know what the figure is? A takeover is all well and good, but if you knew what the figure was, you might not be posting pictures of fucking rockets
rathlindri 1 Jul'14 - 17:11 - 11075 of 11076 0 0 Will fat boy Kozel be voted out at the agm I wonder???? ==================== I guess it comes down to whether people realise that the excesses of fatboy have contributed to expensive refinancing, avoidable dilutions, and the increasing probability that Gulf will be very unhealthy by the time someone wants to really put in an offer for the assets... thereby eroding the potential takeover value and which encompasses the bid price for Akri-Bijeel or farm-downs. Hence also thus far no deals.
I come in peace, you bunch of fuckwits. I have heard that GKP is a takeover target.........
-4,5p , yep showing all the signs of a Chevron takeover in the morning.
You didn`t want to see a debate on: SH-6 test result...Twas a `storm in a teacup` Take-overs not happening generally- Fe11 lost how many bets? That GKP may issue low CPR figures- Oh yes you forgot about that one Poor performance over 2 years vs excessive pay- TK...nahh you don`t want to discuss that either do you? Nah you just want rampy excessive OIP figures or take-over posts for billions and billions CC- OK I`ll give him that apart from trying to mislead everyone about the funders at every opportunity. Au contraire Nicebut I did want debate on all of those - and we certainly had discussions on most did we not? I never was one to go in for the V HIGH OIP figs, nor the rampy takeover numbers being mooted - but don't let that ruin your efforts at misrepresentation :)
lol Volume gone Pump and Dump over Bye Bye money all the way back fdown to 80's then prolapse when the bad news hots Another takeover ruse fed to the mug pi's pmsl
30-06-2014
Did that wanker above really post that in seriousness? Really? Do you suppose that is the excuse that GKP has for not having declared a takeover all these years - despite all the oil and the desire for Chevron to add it to their balance sheet, they just couldn't agree between them on the time of day to tell everyone It's these kinds of complexities that the average layman just doesn't understand about the stock market
Morning Avatar, trust you had a pleasant weekend There's lots of wankers on the boards who were expecting a surge up to £2 on the strength of our latest takeover rumour. Doesn't look too good so far. Looks like quite a lot of PIs who had a bit too much Sunny D over the weekend piled in first thing, while the institutions sat on their hands. My goodness, and so unexpected too
29-06-2014
Fridays news :- Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening. - See more at: http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source#sthash.lrdNd38S.dpuf
What's going on here with Nouri turning his back on the US and turning to the Russians who have now supplied fighter jets. I heard on the news that the Iranians are currently refurbishing another 100+ fighter jets for supply to Nouri. These fighter jets were supplied days after Kerry met with Nouri. Nouri's told Kerry to fick off. Hague then goes north to see Barzani. I sense a slight shift by the US-UK from Nouri to the Kurds..I reckon the US have given its oil companies the nod which may explain Chevron or Exxon to push ahead with their Kurd takeover plan to chomp away at small oilers Why won't the US supply Nouri fighter jets? What are the US worried about?
IMO, if Todd stays, so what. As long as the SP rises/we see a takeover, I really don't care. Seems to me like the fuckwits don't want to see the SP rise for some crazy reason. How someone like that questor clown thinks the largest onshore oilfield in the world is a sell at these prices tells you all you need to know. Scum are at work again here. Fuck the lot of them.
Questor in the Sunday Telegraph says 'Sell GKP'. The article covers: Board Room turbulence, unlikely takeover and tight finances etc. Not helpful to Monday's share price!
28-06-2014
WildRider7 28 Jun'14 - 12:37 - 54589 of 54590 0 0 and .... Author sanddunesUAE Date posted 2011-07-10 02:27 Subject hostile takeover Votes for this Posting Voted UP 44 times. Message 0512hrs I am awake hostile takeover is on the cards please please please do not not trade your shares, we are being shafted 8 quid per share, we are being set up by the ankers in london city who have held the SP down, biggset company on AIM and hardly any coverage.... ===================== I wonder if he's still awake?
and .... Author sanddunesUAE Date posted 2011-07-10 02:27 Subject hostile takeover Votes for this Posting Voted UP 44 times. Message 0512hrs I am awake hostile takeover is on the cards please please please do not not trade your shares, we are being shafted 8 quid per share, we are being set up by the ankers in london city who have held the SP down, biggset company on AIM and hardly any coverage.... .... [link to full message]www.iii.co.uk/investment/detail?code=cotn%3AGKP.L&display=discussion&threshold=0&action=detail&id=8513592
Copied from other board: http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source Quote - "Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening." Make of that what you will.............:?
Copied from other board: http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source Quote - "Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening." Make of that what you will.............:?
Tick this post up if you think gkp will do a reverse takeover of chevron
27-06-2014
Holts, I'm the last one to support the endless takeover rumour bollox, but you seriously need to upgrade your political thinking imo. - Turkey imply they're ready to support an independent Kurdistan - enlarged Kurdistan including Kirkuk, with solid border - initial ruling by Iraqi Supreme Court slapping down IOM regarding Kurd exports And that's just this week. I won't spell the rest out for you ... get reading mate! HOLTS 27 Jun'14 - 23:17 - 362514 of 362518 0 0 It's very difficult to believe a major would get involved with the current state of Iraq , particularly when the other majors are getting their staff out the country , you could look at the glass half full and say its a bold opportunistic move , but do they take such risks these days?
Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening. - See more at: http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source#sthash.h39qZXtd.vk2zwAmh.dpuf
http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source Quote - "Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening." Make of that what you will.............:?
Shares in Gulf Keystone (GKP) have soared in recent days partly on hopes that Todd Kozel would be given the boot at the AGM on 17th July but also on speculation that the company could receive a takeover approach. We understand from a reliable source that there will be no bid. However a reliable source has told me that Gulf has agreed a material join venture with Chevron to accelerate the development of its Kurdistan operations and that an announcement is expected within days. A Gulf spokesman declined to comment when approached this evening. - See more at: http://www.shareprophets.advfn.com/views/6257/exclusive-gulf-keystone-to-announce-major-joint-venture-with-chevron-within-days-source#sthash.h39qZXtd.dpuf
78steve - no news or at least rns yesterday. Todays news (court ruling) coupled with takeover rumor was enough to increase the demand and support additional gains. Important to remember aswell that technically the stock was also oversold and due at the very least a relief rally. There's a very good chance of further recovery - apart from the first pullback the few dips there were today were fairly shallow and a pick-up in volume tended to follow the retest of intraday highs. Should be interesting next week that's for sure and again I'd expect continued volatility. Gl FTR - I sold some of my earlier holding today to lock in gains. If we see a decent retrace or retest of the breakout point I will almost certainly reacquire. Gl.
#362365 ML, it's telling us that MNR hold lots of GKP shares so I guess they won't want a cheap takeover eh?
Gulf Keystone Petroleum Limited shares surge on takeover bid rumours Friday, 27 June 2014 08:32 News round up: Gulf Keystone Petroleum, Tesco, Hurricane Energy, Property market, Glencore, UK population. Gulf Keystone Petroleum Limited (LON:GKP) roared higher yesterday amid rumours that the exit of the chairman and founder Todd Kozel could leave the Kurdistan-focused oil and gas explorer vulnerable to a takeover bid. With Mr Kozel heading for the door, speculation is swirling that oil majors are mulling offers for the company in a bid to get hold of its crown jewel, the Shaikan oil field.
A 1 for 4 Genel merger would be good IMO with the Genel SP moving up to say £12 in the short term giving us £3 equivalent value. The combined GKP-Genel would then itself become a takeover target at some point in future leading to further gains.
News re. Supreme Court ratifying the validity of Kurdish oil exports is unlikely to be the reason behind yesterday and today's s/p rise,as GENEL who would be the immediate beneficiaries have not seen a big rise. This should be the 'real' s/p enhancing news though,not some vague rumours of a takeover.
I wonder if that news from the supreme court is the real reason for this rise. Note that the meeting was earlier this week. Either way its great news. As an aside I'm getting a bit confused by the valuations on dalesmans site, we went from blue sky thinking on the way up to far more conservative targets on the way down and now it appears we may have bottomed the large targets/takeover talk recommences. Hmmmm
The Times "Later, Gulf Keystone Petroleum, another longstanding favourite among private investors, surged 18.4 per cent to 95p in heavy trading. Rumours circulated that Chevron, the American oil group, had approached the explorer about a possible takeover, pitched at 150p a share, perhaps more. GKP, consistently the subject of breathless posts on the bulletin boards of financial websites and of ceaseless rumour heaped on delusion and conspiracy theory, is sitting on a thumping oilfield in the Kurdish region of Iraq. Not for widows or orphans, this one."
Why would anyone resign (especially after 6 years Ewen) before a takeover?
FT A revival of takeover speculation lifted Gulf Keystone Petroleum 18.3 per cent | Today, 4:57 AM http://bit.ly/1hAMc5m
FT A revival of takeover speculation lifted Gulf Keystone Petroleum 18.3 per cent | Today, 4:57 AM http://bit.ly/1hAMc5m
FT A revival of takeover speculation lifted Gulf Keystone Petroleum 18.3 per cent | Today, 4:57 AM http://bit.ly/1hAMc5m
FT A revival of takeover speculation lifted Gulf Keystone Petroleum 18.3 per cent | Today, 4:57 AM http://bit.ly/1hAMc5m
26-06-2014
With Kozel heading for the door speculation is swirling that oil majors are mulling offers for Gulf Keystone in a bid to get hold its crown jewel, the Shaikan oil field. Shaikan, which GKP holds a 75 per cent stake in, is the world’s largest independent onshore oil field. Exxon Mobil and Chevron are discussed as potential bidders, with a hefty premium hoped for. Gulf Keystone added 14.75p to 95p. http://www.independent.co.uk/news/business/sharewatch/market-report-takeover-talk-drives-gulf-keystone-petroleum-higher-9566085.html The worlds largest, I like that
From the Indy: Gulf Keystone Petroleum roared higher yesterday amid rumours that the exit of Chairman and founder Todd Kozel could leave it vulnerable to a takeover bid. The Kurdistan-focused oil and gas explorer announced earlier in the week controversial former chief executive Kozel will step down at the company’s AGM. With Kozel heading for the door speculation is swirling that oil majors are mulling offers for Gulf Keystone in a bid to get hold its crown jewel, the Shaikan oil field. Shaikan, which GKP holds a 75 per cent stake in, is the world’s largest independent onshore oil field. Exxon Mobil and Chevron are discussed as potential bidders, with a hefty premium hoped for. Gulf Keystone added 14.75p to 95p.
Johnbuy Resident Super-Guru You still hearing those voices....?? Do they do final takeover numbers ? Hope so, I've done a lot of adding in the last 3 weeks but probably got my final lot this morning. Ready to vote now, which I still think is important, although it could be a done deal.
25-06-2014
Try under 2 pound if any takeover
lol OZ. Ya never know. Still one thing for sure as I said earlier KRG need cash. GKP can't develop their ops fast enough. IF not a takeover then partial sale soon. edit: Oz looks like you may get your wish price-wise. Unless certain news tomorrow sp closed off weak so I could see a further dip early doors. Lower band is around 76.5 perhaps a second test on the way.
Why would they get rid of so many directors (and search for new ones) if a takeover was imminent? Can't see a t/o happening for a while yet.
How is the share price and your takeover 'hanging', cretin? fairenough11 25 Jun'14 - 14:56 - 361405 of 361405 0 0 3 down 1 to go! How's it hanging SHAGGERS?:-))
David Brent 25 Jun'14 - 14:35 - 361385 of 361385 0 0 Thing is, nobody knows anything! It's all speculation, sometimes it's good and gets the pulse racing and more times it's bad and makes your stomach churn... We all hope that the story will end well and that we won't get shafted (secretly dreaming about becoming substantially richer with a massive takeover..) this time next year rodney...
Thing is, nobody knows anything! It's all speculation, sometimes it's good and gets the pulse racing and more times it's bad and makes your stomach churn... We all hope that the story will end well and that we won't get shafted (secretly dreaming about becoming substantially richer with a massive takeover..) this time next year rodney...
dafydd123 25 Jun'14 - 13:17 - 361340 of 361342 0 0 That quote about the KRG asking for Asher and Bell to be removed from the board is breathtaking. Now I'm inclined to believe it because it is so ridiculous, so "not even bored PIs could have come up with that" -------------------- GKP - The Road To Takeover (Moderated) - GKP owencoffin - 20 Jun 2014 - 22:15:12 - 53833 of 54153 ashti may well step in if he thinks todd kozel is being pushed
Bug news coming for caza , possibility a takeover target!
Thanks Shaggers, bagged a few more at 79.3. Time to relax now until takeover, Todd's not going. Phew!


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