Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 29/9/2019 17:31

AgreePs far far too little attention has been paid to the special resolution authority part 2... So watch out for a very substantial recapitalisation to concentrate profits at sale for remaining holders

[bigdog5] 29/9/2019 17:04

johnyboy, your ducks have been lining up for ten years so revelation is hardly apt.

It would appear that the "leave it to the experts" made errors when going for small pipes. Still, as the wells are on the boundary perhaps they were concerned what would be sucked up, so silver linings eh:-)

[welshki] 29/9/2019 16:41

Broadfraud- are they the same ones who believe a consolidation dilutes shareholders....i.e. you, bigdog and the oilymanchild.........PMSL

[chinese_takeaway] 29/9/2019 15:45

Timing and ConductThe Code contains detailed requirements relating to the timing of transactions subject to it. The following is a summary timetable for an acquisition implemented by way of a takeover offer:5D – 28 Date of Rule 2.7 Announcement (firm intention to make an offer)

[gkphero] 29/9/2019 15:42

Peking Ducks are lining up here.




Make of this revelation what you will............

[chinese_takeaway] 29/9/2019 15:26

2wks ? Perhaps,it's obviously an agreed sale process as Chairman told everyone that can read.Timing ? Hard to say,but splitting the buyback , pausing once a certain amount had been bought ,has to be significant.That pause week was 28 days ago a very significant D-28 timeline for both tender or sale by scheme legal processes.So could be next week even For D -0..

[urals] 29/9/2019 15:02

Ps far far too little attention has been paid to the special resolution authority part 2... So watch out for a very substantial recapitalisation to concentrate profits at sale for remaining holders

[0ili0] 29/9/2019 14:29

Finance Minister: Our cooperation with China will be within the framework of oil for projects and technologyEconomy News _ BaghdadThe Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein, Sunday, that Iraq's cooperation with China will be within the framework of "oil for projects and technology."Hussein said during his hosting at the "Rafidain Forum", that "began to restructure the Iraqi economy by activating the sources of non-oil imports and reform of banks and government institutions and create jobs for young people and supportlocal governments to improve the quality of services."He added that "our cooperation with China will be within the framework of" oil for projects and technology "with emphasis on creating jobs for our young people, and we will identify strategic projects and choose large companies."Views: 30   Date Added: 29/09/2019

[bigdog5] 29/9/2019 13:49

"there are still a significant number of folks out there who believe the Earth is Flat"

Aren't they the same ones that turn up to the Presentations and swallow the hype?

[bigdog5] 29/9/2019 13:46

250k a day to Somo could alter a few numbers if ya follow:-)

[broadford bay] 29/9/2019 13:37

Good morning mac,

don't despair, there are still a significant number of folks out there who believe the Earth is Flat.

[stockport loser] 29/9/2019 11:24

I'd say the avatar Everhopeful on LSE is NOR from here.

[beernut] 29/9/2019 10:38

Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

Basnews English 29/09/2019 - 11:29 Published in Kurdistan
Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

Tagged under en
ERBIL — A delegation of lawmakers from the Iraqi parliament will visit Erbil in the upcoming days to follow up the talks aimed at finding a solution to the prolonged disputes between the regional and federal governments.

Since the formation of the new cabinet of the Kurdistan Regional Government (KRG), Erbil and Baghdad have shown commitment to resolving their differences, especially those related to budget, oil revenues, and disputed areas.

MP Vian Sabri told BasNews that the parliamentary delegation will include committees of legal affairs, oil and gas, and finance and economy.

“Each parliamentary committee will hold separate meetings with the relevant authorities in Kurdistan Region,” she said.

Among the current disputes between Erbil and Baghdad is the 2020’s budget bill. MP Sabri noted that the regional and federal governments should reach an agreement before the bill is sent to the parliament for approval so KRG’s share is secured.

[0ili0] 28/9/2019 22:54

Blimey. Whole lotta cloning going on. Hmmm... who'd do a thing like that?

[chinese_takeaway] 28/9/2019 20:25

Nestoftampers They are wrong regards numbers of options.11.3m is the combined , srp,ltip,and vcp maximum that could be required.How many are required to be bought in is debatable. Each of the 3:plan rules complicated.Vcp about 7.5m but prob only half can vest now under plan rules.ltip might only be 1.4m out of2.8 as well.srp1.4m may or may not vest at all.Also if there is an off mkt major pre agreed buyin all options can be reduced pro rata.It's very likely imo they already bought what's needed pre sale.

[nestoframpers] 28/9/2019 20:20

Straycat

Posts: 352

Price: 229.50

No Opinion

RE: To Sell Or Not To Sell, That Is The Question.Today 19:48
Change of control under the VCP.

With regard VCP participants, on a change of control –
‘the value of additional OPTIONS will be calculated as at any other Measurement date…’

I think this means that the grant of nil cost options is in and of itself enough. There is no requirement for them to be in treasury on a change of control.

This would make sense, because otherwise the VCP participants would lose out due to unfortunate takeover timing if it happened between option grant and option vesting.

And this is important because at the moment we have 7,414,738 shares in treasury and only another $4.2m left to buy back shares into treasury with.

If we have to buy back SZ and JF’s granted nil cost options (c.a.7.1m options from memory) then we’ll need more money. If not then the mission to protect the staff option awards is nearly/already complete.

And if that’s right, then we’ll soon be buying back for cancellation. Not sure whether they’d have to RNS that change of buyback policy or not.

[chinese_takeaway] 28/9/2019 19:41

https://twitter.com/GoodnightCharl1/status/1178010162466099200?s=19