Gulf Keystone Petroleum Share Discussion Threads

[paulsfullofcrap] 05/11/2021 11:40

ramper on overdrive today. Must really want to close that £10 per point long before the weekend LOL need a bit of beer money for the weekend??

[banggone] 05/11/2021 11:38

ReplyRecommend (2)Report PostBangGonePosts: 53Price: 203.50Strong BuyHow is Bermuda M&A conducted?Wed 08:39The most common method is for buyers and the target to enter a " sales implementation agreement"This agreement will cover all aspects of the sale process, including periods for due diligence, obligations of the target to conduct itself during the agreement time frame, break fees, financial matters, etc etc. Conditional exclusivity is normally granted to the buyer(s)for a period of time to allow both technical, and corporate DD.When all conditions are met , the sale is actually executed very quickly.The buyer will have already registered a company in Bermuda, and the two companies are merged/amalgamated to complete the sale.The deal is announced , deal terms are made public to shareholders, and an EGM is called for shareholders to approve the transaction. 50% + majority seals the deal, and this is normally a formality as the buyers will have beneficial ownership + irrevocable guarantees from key shareholders to vote it through.IMHO GKP entered such an agreement perhaps as far back as 2017.We know the company allowed CNPC to do detailed fracture studies and well logs. That info is in the public domain .As we near new FDP - this IMHO is the moment of transition, and we will see a sale by amalgamation announced shortly.It is possible there are other interested parties. We shall have to see if that's the case or not.

[banggone] 05/11/2021 11:37

Bashers in overdrive it seems LOL

[40quidminimum] 05/11/2021 11:31

ReplyRecommend (2)Report PostBangGonePosts: 53Price: 203.50Strong BuyHow is Bermuda M&A conducted?Wed 08:39The most common method is for buyers and the target to enter a " sales implementation agreement"This agreement will cover all aspects of the sale process, including periods for due diligence, obligations of the target to conduct itself during the agreement time frame, break fees, financial matters, etc etc. Conditional exclusivity is normally granted to the buyer(s)for a period of time to allow both technical, and corporate DD.When all conditions are met , the sale is actually executed very quickly.The buyer will have already registered a company in Bermuda, and the two companies are merged/amalgamated to complete the sale.The deal is announced , deal terms are made public to shareholders, and an EGM is called for shareholders to approve the transaction. 50% + majority seals the deal, and this is normally a formality as the buyers will have beneficial ownership + irrevocable guarantees from key shareholders to vote it through.IMHO GKP entered such an agreement perhaps as far back as 2017.We know the company allowed CNPC to do detailed fracture studies and well logs. That info is in the public domain .As we near new FDP - this IMHO is the moment of transition, and we will see a sale by amalgamation announced shortly.It is possible there are other interested parties. We shall have to see if that's the case or not.

[40quidminimum] 05/11/2021 11:31

Personally believe we will see ay least £ 60 quid on SALE ANNOUNCEMENT. Explains how lucky we are to have the naysayers here and at LSE, fulsome, constant, educational essays, suggesting it's all a box of frogs :)When it's clearly a hugely valuable company.imvho ;)Gross 2P+2C at most recent presentation Pareto - 798m - 80% WI 638m 2p+2c nett to GKP.Of that 468 m was 2p nett , 170 m 2 cWood Mackenzie place a per boe 2 p metric at $ 8 for Kurdistan oilers.MOL also apply same metric in their account statements.468 x 8 for 2P = $3.744bnlets say a super prudent $2 per 2c - given Shaikan is highly prospective, another 170 x 2 = $ 360m$ 4.1bn = at current exchange rate just over £ 14 per share.Thats IMHO very prudent.You can see why any buyer would be very keen to own as many as possible at £ 2 or lower.Could explain a great deal :)Personally I think £ 14 very very cautious and doesn't reflect the unique opportunity operating Shaikan would be to IOC.Lets see what happens.

[40quidminimum] 05/11/2021 11:27

Personally believe we will see ay least £ 60 quid on SALE ANNOUNCEMENT. Explains how lucky we are to have the naysayers here and at LSE, fulsome, constant, educational essays, suggesting it's all a box of frogs :)When it's clearly a hugely valuable company.imvho ;)Gross 2P+2C at most recent presentation Pareto - 798m - 80% WI 638m 2p+2c nett to GKP.Of that 468 m was 2p nett , 170 m 2 cWood Mackenzie place a per boe 2 p metric at $ 8 for Kurdistan oilers.MOL also apply same metric in their account statements.468 x 8 for 2P = $3.744bnlets say a super prudent $2 per 2c - given Shaikan is highly prospective, another 170 x 2 = $ 360m$ 4.1bn = at current exchange rate just over £ 14 per share.Thats IMHO very prudent.You can see why any buyer would be very keen to own as many as possible at £ 2 or lower.Could explain a great deal :)Personally I think £ 14 very very cautious and doesn't reflect the unique opportunity operating Shaikan would be to IOC.Lets see what happens.

[40quidminimum] 05/11/2021 11:27

ReplyRecommend (2)Report PostBangGonePosts: 53Price: 203.50Strong BuyHow is Bermuda M&A conducted?Wed 08:39The most common method is for buyers and the target to enter a " sales implementation agreement"This agreement will cover all aspects of the sale process, including periods for due diligence, obligations of the target to conduct itself during the agreement time frame, break fees, financial matters, etc etc. Conditional exclusivity is normally granted to the buyer(s)for a period of time to allow both technical, and corporate DD.When all conditions are met , the sale is actually executed very quickly.The buyer will have already registered a company in Bermuda, and the two companies are merged/amalgamated to complete the sale.The deal is announced , deal terms are made public to shareholders, and an EGM is called for shareholders to approve the transaction. 50% + majority seals the deal, and this is normally a formality as the buyers will have beneficial ownership + irrevocable guarantees from key shareholders to vote it through.IMHO GKP entered such an agreement perhaps as far back as 2017.We know the company allowed CNPC to do detailed fracture studies and well logs. That info is in the public domain .As we near new FDP - this IMHO is the moment of transition, and we will see a sale by amalgamation announced shortly.It is possible there are other interested parties. We shall have to see if that's the case or not.

[40quidminimum] 05/11/2021 11:23

Personally believe we will see ay least £ 60 quid on SALE ANNOUNCEMENT. Explains how lucky we are to have the naysayers here and at LSE, fulsome, constant, educational essays, suggesting it's all a box of frogs :)When it's clearly a hugely valuable company.imvho ;)Gross 2P+2C at most recent presentation Pareto - 798m - 80% WI 638m 2p+2c nett to GKP.Of that 468 m was 2p nett , 170 m 2 cWood Mackenzie place a per boe 2 p metric at $ 8 for Kurdistan oilers.MOL also apply same metric in their account statements.468 x 8 for 2P = $3.744bnlets say a super prudent $2 per 2c - given Shaikan is highly prospective, another 170 x 2 = $ 360m$ 4.1bn = at current exchange rate just over £ 14 per share.Thats IMHO very prudent.You can see why any buyer would be very keen to own as many as possible at £ 2 or lower.Could explain a great deal :)Personally I think £ 14 very very cautious and doesn't reflect the unique opportunity operating Shaikan would be to IOC.Lets see what happens.

[40quidminimum] 05/11/2021 11:22

AgreedSOLD BEFORE CHRISTMAS THE MOST OBVIOUS TAKEOVER EVER . Minimum 60 quid.YOU CAN TAKE THAT TO THE BANK.Hold super tight every share you have.Don't sell 1.If you can buy as many more as you can affordMorgan Stanley etc already have LOL

[paulsfullofcrap] 05/11/2021 11:22

thanks for that link Paul but i don't see MS, JP, or JPM listed anywhere there... do you?

[40quidminimum] 05/11/2021 11:22

Personally believe we will see ay least £ 60 quid on SALE ANNOUNCEMENT. Explains how lucky we are to have the naysayers here and at LSE, fulsome, constant, educational essays, suggesting it's all a box of frogs :)When it's clearly a hugely valuable company.imvho ;)Gross 2P+2C at most recent presentation Pareto - 798m - 80% WI 638m 2p+2c nett to GKP.Of that 468 m was 2p nett , 170 m 2 cWood Mackenzie place a per boe 2 p metric at $ 8 for Kurdistan oilers.MOL also apply same metric in their account statements.468 x 8 for 2P = $3.744bnlets say a super prudent $2 per 2c - given Shaikan is highly prospective, another 170 x 2 = $ 360m$ 4.1bn = at current exchange rate just over £ 14 per share.Thats IMHO very prudent.You can see why any buyer would be very keen to own as many as possible at £ 2 or lower.Could explain a great deal :)Personally I think £ 14 very very cautious and doesn't reflect the unique opportunity operating Shaikan would be to IOC.Lets see what happens.