Gulf Keystone Petroleum Share Discussion Threads

[felix60] 17/3/2016 19:49

Come on I had 9 in mind but not pence a very great lesson learned I though I was the next oilman lol a lot of peeps did

[the legendi] 17/3/2016 19:41

This is what you call in the industry a busted flush.

Afren all over again.

SELL.

[the legendi] 17/3/2016 19:40

This is what you call in the industry a busted flush.

Afren all over again.

SELL.

[fireplace22] 17/3/2016 19:37

RJCDC. The company is still in closed period, Jon said so in the podcaast earlier. They are still talking to prospective buyers/farminees. It is not their decision to remain closed. (possibly to their relief)

[rafthorney] 17/3/2016 19:34

Why should BOD buy. They r reporting that co will find it diff to pay interest.


Thats not what he said though,still in a close period and did,nt want to be seen as buying at the wrong time if i recall right.ffs

to me its showing no confidence in the company.
if the data room is still open and they are still talking to people,how come any M+a is very unlikely.

shut the data room and buy some shares.

Oil goes up and anyone wants to talk,they can pick up the phone,they,ve had long enough to look at the data.

[barony] 17/3/2016 19:34

Seems to me that we have given up assets we can't afford to develop and - from my limited understanding - our increased diluted interest means we get a bigger share of payout from Shaikan. It would have been great to get cash for the other assets, but surely the rest of the news is lon the good side?

[1waving] 17/3/2016 19:31

I see the Telegraph article, posted by Mr R earlier, was quietly amended around 7pm to "For 2017" for the debt repayments, rather than this year in April and October that it said originally.

Damage already done by this false and misleading article straight after the article came out at 2.27 GMT. Look at the chart timing !!.

No apology --- just a couple of words/numbers added in quietly with no acknowledgement yet from the Telegraph.

False and misleading to say the least !!!!

They forgot to put 'For 2017' for this also:--
"Gulf Keystone shares plummeted to seven-year lows on Thursday after the struggling oil explorer warned that it might not meet significant debt repayments due next month."

[dkmrd] 17/3/2016 19:29

Why should BOD buy. They r reporting that co will find it diff to pay interest.

[mr roper] 17/3/2016 19:24

jf and sam the sham are well out of their depth. it has been apparent since they were appointed

[the legendi] 17/3/2016 19:19

This is as good as bust.

Afren all over again.

SELL

[leedskier] 17/3/2016 19:00

Never mind Brent, even WTI closed above $40 this evening.The spin is that the bears have capitulated ahead of the meeting on 27 April and high demand in the USA.

[wageslave] 17/3/2016 18:56

Daf, great, but depressing, summary. Thanks.

[barony] 17/3/2016 18:54

What is the "capacity building charge" that is being reduced from 40% to 30% and how do we arrive at "fully diluted working interest" of 58%? Anybody understand the arithmetic? All I can see is that we get TK's 5%.