Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 29/6/2022 13:32

The NEDS have been aware of the difficulty that outside investors here would have, if there ever was M+A - that's friendly.
Because the Bermuda sale process starts with an implementation agreement ( that's private to both parties )and the sale only goes public when ALL conditions of the implementation agreement are met - that can include almost everything...timing , mutual agreements on staff , technicals, financials etc etc .
Once all conditions are met - its announced and a done deal .
So how would you at least attempt to keep LTH invested prior to that - when clearly the company suffers deliberate attacks across PI media?
Well I think they have tried best they can.
.
Lets see what happens.

[johnbuysghost] 29/6/2022 13:31

Who's Tony?

[goatcam] 29/6/2022 13:26

I think you should save some to treat the wife Paul

[giant_canine] 29/6/2022 13:25

I am hoping you don't get the chance ...SOLD :)

[johnbuysghost] 29/6/2022 13:22

July's a big month for divis and I'm reinvesting all of mine.

Compound.

[goatcam] 29/6/2022 13:04

From LSE:

They've already been coverted: 9.48p & 18.47p

I got the figures from SharePad

[johnbuysghost] 29/6/2022 13:03

Agree GIANT_CANINE and the latest item ticked off the list is debt repayment.

[giant_canine] 29/6/2022 13:02

The NEDS have been aware of the difficulty that outside investors here would have, if there ever was M+A - that's friendly.
Because the Bermuda sale process starts with an implementation agreement ( that's private to both parties )and the sale only goes public when ALL conditions of the implementation agreement are met - that can include almost everything...know.
Once all conditions are met - its announced and a done deal .
So how would you at least attempt to keep LTH invested prior to that ?
Well I think they have tried best they can.

[johnbuysghost] 29/6/2022 13:00

Many blew their pots on the 465p spike in February 2012.

[johnbuysghost] 29/6/2022 12:58

"Now the real johnyboy would have remembered that I've been here since 2009. And that I first bought at 68p."


No Bigdog, that was me.

[goatcam] 29/6/2022 12:53

I have asked where that fella got his conversation rates from.

[giant_canine] 29/6/2022 12:53

Sale could well be net of paying off bond + dividend payouts.
I have them at net cash around 65m ish pre further receipts.
The actual sale effectively completes extremely quickly via short form amalgamation.
Easily within a month of its announcement.
The FDP transition is hugely important to the MNR - and I cannot believe they would ever let the next several decades of their economic development rest with little old GKP..............
Hence the never ending FDP submission process ( that took 3 years longer than forecast - whilst buyer did field modelling and designed the FDP ) and even submitted 7 months ago remains stalled ( until sale completes and IOC's fast track it )

[giant_canine] 29/6/2022 12:48

I still cant see any conversion rate published for tomorrow which is very weird,as they normally well before , but its GKP , so there we are.
If there is no RNS today for this, it might just be very encouraging for other news.

[goatcam] 29/6/2022 12:45

bit harsh....

[giant_canine] 29/6/2022 12:42

I cant be bothered with headcases like GCam, P2 - they not decent people.
I noticed the stuff on LSE rgds MNR which was punchy - the other bit regards the exchange rates for divs already been converted - has foxed me - as I see no announcement of these ?? where has that come from?
It is very late in the day for GKP to announce tomorrow its ex div.

[habshan] 29/6/2022 12:39

Bigdog - "The Producers/Refiners/Traders/Govts are milking the circumstances and clawing back their losses from the pandemic. Its just another con all this "unable to increase production" BS. Its all about generating massive profits and clawing back all the $billions via taxation."

It's also doing wonders for the oil price which is paying for my dividends Sarah.

With Brent currently at $119.2 and another six figures worth of dividends landing in my account over the next few weeks with plenty more to come I think it's great as it's certainly "generating massive profits" for me and the other holders here.

Unfortunately you're missing out on all these dividends and "massive profits" but that's because you're an idiot.

All looking good.

[pensioner2] 29/6/2022 12:37

G_C. Have a look at GC's post. Very POSITIVE.

[goatcam] 29/6/2022 12:36

"and GCam back into the mix no doubt maintaining positvity...."

Erm... yes i was actually..

[giant_canine] 29/6/2022 12:35

:))))
He has put in a serious shift here

[0ili0] 29/6/2022 12:33

Bigdog5 on the heavy meds 💊💊💊💊8138;👰Ӿ49;

🍩🚁🎥↘ᥧ9;🚽

🛢️
29312;💭

😂😂😂😂8514;

[giant_canine] 29/6/2022 12:31

Sale could well be net of paying off bond + dividend payouts.
I have them at net cash around 65m ish pre further receipts.
The actual sale effectively completes extremely quickly via short form amalgamation.
Easily within a month of its announcement.
The FDP transition is hugely important to the MNR - and I cannot believe they would ever let the next several decades of their economic development rest with little old GKP..............
Hence the never ending FDP submission process ( that took 3 years longer than forecast - whilst buyer did field modelling and designed the FDP ) and even submitted 7 months ago remains stalled ( until sale completes and IOC's fast track it )

[giant_canine] 29/6/2022 12:31

Both dividends will be payable in pounds sterling and converted from dollars at the spot rate leading up to the relevant record dates. The Company will disclose the US dollar and pounds sterling rate per share for both dividends prior to their ex-dividend dates.


.
Have they disclosed this yet?

[giant_canine] 29/6/2022 12:29

and GCam back into the mix no doubt maintaining positvity.....

[goatcam] 29/6/2022 12:27

Kurdistan issues a statement regarding the work of its international oil companies

news source /Mawazine News.
07:39 – 06/28/2022

Kurdistan - Mawazine News

The Ministry of Natural Resources in the Kurdistan Region announced, on Tuesday, that “the violations committed by the Iraqi Oil Ministry did not and will not affect the exploration and production of oil and gas in the region,” noting that it did not push the companies working in this field to stop their work.
The ministry said in a statement that Mawazine News received a copy of it, that "the oil and gas sector in the Kurdistan Region has taken great and important steps towards institutionalization and attracting major international companies, and thus the region's position on the global energy map is getting stronger."
She added, "The advent of major companies (oil, gas and oil services) and the expansion of investment and the continuation of their work in the Kurdistan Region are clear and clear evidence of the successful policies and strategies of the Kurdistan Regional Government in the oil and gas sector."
And the ministry continued, "Even within the Kurdistan Region, oil revenues played a major role in securing salaries and continuing to provide services, as well as using natural gas products to provide fuel for power plants, in addition to securing hundreds of job opportunities for young people in oil and gas fields and companies."
And she went on to say that "stability, security, plans and policies of the ninth cabinet in the Kurdistan Region regarding the oil sector and the transparency of this important sector are all things that made those who hate the Kurdish and Kurdistan people dislike these achievements, by continuing their hostile plans, issuing unconstitutional and political decisions and launching missile attacks."
The ministry explained that "their latest attempts and plans were to issue an illegal decision far from the constitutional articles and clauses by the Iraqi Oil Ministry in the absence of (the oil and gas law by the federal government), and to put pressure on companies operating in the oil and gas field to leave the Kurdistan Region," stressing That "this step by the Iraqi Oil Ministry is inconsistent with the constitution, the law, the principle of federalism, the economic mentality, and the relations between the region and Iraq."
She stressed that "these new violations by the Iraqi Oil Ministry did not and will not affect the exploration and production of oil and gas in the Kurdistan Region, but did not prompt the companies to stop their work as well," noting that "the use of the language of threat and hostility is a flagrant violation of the rules of international investment protection, and this behavior does not It is in any way in the public interest of the peoples of Iraq and Kurdistan, and it also distorts Iraq’s reputation in international centers and puts question marks around it.” Ended 29/R77