Gulf Keystone Petroleum Share Discussion Threads

[eddie47] 14/5/2024 10:13

Barzani back in Baghdad today meeting Sudani. Busy, busy, busy!

[redbed] 14/5/2024 09:52

Past experience here is it starts same day.Reports same dayBut doesn't matter anyway W/C 27th, the 28th will most likely be date of AGM notice, or sooner.Wonder what we will be voting on?LOL.Wonder why we need to forewarn everyone that the buyback daily size needs to be outside Mar regulations. We might spend all of it on one day if necessary. LOLSale is nailed on.This is not a buyback, it's a stabilisation program to prevent third parties from flash crashing it prior to sale RNS.

[nestoframpers] 14/5/2024 09:47

GKPS previous buy backs were RNSD once completed.

[1dirtysteve] 14/5/2024 09:27

Calm down guys. They only announced the buybacks yesterday. From past experience it can take a day or two up to a week for it to actually start. It will be reported either after close or the following morning at 7am. Once we see the first RNS they will most likely continue to report similar time (5-6pm or 07:00) each day.

[worldquant] 14/5/2024 08:27

Gkp on previous buyback published within minutes of close same dayThese are not going in to Treasury so they need to adjust the size of issuehttps://www.gulfkeystone.com/investors/regulatory-news-alerts/

[ozzmosiz] 14/5/2024 08:21

In the grand scheme of things , 130s is still very low

[midasx] 14/5/2024 08:20

Standard practice is for an RNS the day after shares are purchased.

It would be unusual if this is not followed by GKP.

Smart move if they didn't purchase on the spike yesterday!

[gc3211] 14/5/2024 08:03

https://www.handbook.fca.org.uk/techstandards/MAR/2016/reg_del_2016_1052_oj/chapter-ii/006.html

[gc3211] 14/5/2024 08:02

Looks like max seven trading days to report according to FCA disclosure rules: The issuer shall report to the Financial Conduct Authority no later than by the end of the seventh daily market session following the date of the execution of the transaction, all the transactions relating to the buy-back programme, in a detailed form and in an aggregated form. The aggregated form shall indicate the aggregated volume and the weighted average price per day and per trading venue.(3) The issuer shall ensure adequate public disclosure of the information on the transactions relating to buy-back programmes referred to in paragraph 2 no later than by the end of the seventh daily market session following the date of execution of such transactions. The issuer shall also post on its website the transactions disclosed and keep that information available to the public for at least a 5-year period from the date of adequate public disclosure.

[worldquant] 14/5/2024 07:49

F11 I have compared the detailed execution rules of this and the last buyback..This differs with very good reason!!!!I will explain later Fill yer boots

[worldquant] 14/5/2024 07:47

#gkp #gkptakeover No RNS ( 7:33) rgds repurchases?Did @Gulf_Keystone not buy any yesterday ?After great deal of failed attempts to understand this farce I think I now do ?Explain later,meanwhile auctioning my grandma to raise as much cash as I can to buy #gkp 1/2 TBC

[ozzmosiz] 14/5/2024 07:41

It's a shame they had to announce the intention to do it

[fairenough11] 14/5/2024 07:36

Cos usually RNS buyback amounts the morning after purchase,so it looks like none yesterday.

[habshan] 14/5/2024 07:28

A translation from Spanish, nice to see us get a mention from a top European fund.

Madrid

Cirene Capital has become one of the revelation funds of the Global League of the active management of the Economista.es

"We have about 13% of the portfolio in mainly exploration and production companies, such as Gulf Keystone Petroleum, an English firm that has its main asset in Iraq."

[clyde13] 14/5/2024 07:25

Another company I have shares in announce buybacks by RNS at 7am the day after they are made. Possibly no buybacks yesterday.

[shortsqueezer] 14/5/2024 07:16

So no buybacks yesterday. Or do they only have to RNS when the total amount is bought?

[beernut1] 14/5/2024 06:53

KDP: Baghdad-Erbil dialogue reaches advanced stages, solutions imminent
Iraq
Breaking
KDP
KDP: Baghdad-Erbil dialogue reaches advanced stages, solutions imminent
2024-05-13 12:24


Font
Shafaq News/ The Kurdistan Democratic Party (KDP) on Monday said that the ongoing dialogue between Baghdad and Erbil has reached advanced stages, with solutions to outstanding issues becoming increasingly attainable.
KDP Lawmaker Shervan Sleimani informed Shafaq News Agency that "dialogue between Baghdad and Erbil is continuous, and the issue of salaries in the Kurdistan Region is progressing positively. There is good coordination and understanding between the two parties, which has resolved many disagreements and pending files." He stressed that "work is ongoing to overcome all differences between the two sides."
Sleimani highlighted the positive signs emerging from the recent Baghdad-Erbil dialogue, emphasizing that "the phase of deep and difficult disagreements has been surpassed, and we have reached a stage of 'easy' disagreements that can be resolved through adherence to the constitution and the fulfillment of rights, in accordance with the political agreement."
"Solutions have become possible and imminent between Baghdad and Erbil, especially in light of the commitment to the constitution and the principles of consensus, balance, and partnership."
The visit of Kurdistan Region President Nechirvan Barzani to Baghdad last April received positive acclaim from government, parliamentary, and social circles, particularly after his announcement of reaching a preliminary agreement to resolve outstanding issues between Baghdad and Erbil.
Upon his arrival in Baghdad on April 27, Barzani held talks with Iraqi Prime Minister Mohammed Shia al-Sudani, discussing the government's program, the implementation of political agreements, and resolving outstanding issues between Baghdad and Erbil, including oil, budget, and employee salaries.
Barzani also participated in both the Coordination Framework meeting and the regular meeting of the State Administration Coalition, which continued late into the night. He reiterated the Region's serious desire to resolve outstanding issues with the federal government in accordance with the provisions of the country's permanent constitution.
Barzani also held talks with the US Ambassador and the French Ambassador in Baghdad.
Observers noted that Nechirvan Barzani's visit to Baghdad carried many "positive indicators" and generated popular optimism.

[worldquant] 13/5/2024 20:31

No buyback RNS .Will we have one pre market?Not sure.If not they didn't buy any LOL.

[0ili0] 13/5/2024 20:26

I hope Broadfraud and SarahBigdog5 are remunerated for their part in it. 💰They can split an Ayrton between them. 😂

Sell when Todd sells. 😉
🤠🍔🍟

[worldquant] 13/5/2024 18:28

This is going majorly hostile

[worldquant] 13/5/2024 18:28

LSE lololol

[worldquant] 13/5/2024 18:20

All paid to bash

[adamrugen1066] 13/5/2024 18:09

Habshan, both broadfraud and Bigdump don't actually know what they're talking about; they just regurgitate things they half-read because they thought it sounded smart. Challenge them just even a little bit and they quickly crumple in on themselves.

[habshan] 13/5/2024 17:45

There's been a lot of negative wittering on this board and LSE by both Broadford and the dog speculating that SOMO want to reduce or eliminate Shaikan crude from the Kurdish blend and northern exports because it lowers the API and makes it too heavy.

Some 24% of Federal Iraq's exports are of Basrah Heavy which has an API of less than 24.

"Basra Heavy API drops .39 degrees to 23.82 in April, the lowest figure since Basra Heavy's inception. Basra Heavy loadings as a percentage of total loadings at 23.7% of total loadings"

Saudi Arabia's Arab Heavy has an API of 27.8 and they export around 1.4 million bpd.

Whereas the Kurdish Blend which includes Shaikan crude is lighter than both of them with an API of 29.

"Shaikan has been blended in since October 2017 and that has decreased the overall API to around 29 degrees, from around 31 degrees it previously was."

So if Basra Heavy and Arab Heavy are good the Kurdish blend is even better.

"Basrah Heavy, which is a heavy sour crude, has a new API of 24 and 4.05% sulfur. Basrah Light and Basrah Heavy were initially marketed by SOMO with API of 34 degrees and 26 degrees, respectively, but these grades have been much heavier in recent years as new oil fields came on stream, changing their quality."

So all is well.

[fardels bear] 13/5/2024 17:02

Wouldn't fancy the Iraqi army against the Peshmerga