The Company remains committed to returning excess cash to shareholders via dividends and / or share buybacks, subject to the liquidity needs of the business and the operating environmentFollowing launch on 8 October 2024, the Company's current share buyback programme of up to $10 million remains ongoing, running to the earlier of its completion or the 2024 Full Year Results on 20 March 2025As announced previously, the Board plans to review the Company's capacity to declare an interim dividend on a semi-annual basis around its Full Year and Half Year Results, with the next review taking place in March 2025 |
Nothing, just that it remains available. Would be worth putting as a question to management at any investor presentation. |
Good update, even though in line with what we were expecting... |
On the go so not had time to read. Any mention of the recent buy back program? ie. Why they have hardly purchased any? |
Good update,decent cash balance and high production rate. |
Nice update. Company doing well to keep things ticking over but nothing explosive. Pumping a decent amount and would expect a dividend announcement in March as earmarked in the last update. Looks like there is still no dialogue between the politicians and the company or IOCs regarding things we care about, namely future payment and arrears. Will have to wait for the bun fight between the KRG and ICG to be sorted. Could be a while with things as they are. In the meantime we wait for a March dividend announcement, and for the company to carry on doing a good job treading water. |
“Local sales have remained strong since our previous market update in December 2024, with 2025 year to date gross average production of c.47,900 bopd. If current demand persists in the local market, our disciplined and flexible work programme, combined with our stable low costs, should enable us to deliver gross average production in the range of 40,000 to 45,000 bopd in 2025 and generate material free cash flow, underpinning our ongoing commitment to return excess cash to shareholders. At the same time, we continue to proactively engage with government stakeholders to unlock an exports restart solution.” |
hxxps://polaris.brighterir.com/public/gulf_keystone_petroleum/news/rns/story/w3l9odw |
Any dividends to be reviewed in March, nothing today, that's not already known and no sale price agreed, pretty poor |
In these such circumstances expect the unnexpected.
Contracts are legal,legit,so compensation for losses etc are definately not out of the question.
Deals can appear out of the blue even during such impasses.
KRG strangely quiet????
GLA. |
https://www.proactiveinvestors.co.uk/LON:GKP/Gulf-Keystone-Petroleum-Limited/rns/1610191 |
Use other thread. Created this one when the boards where wiped yesterday. ADVFN have restored |
KRG and finance ministry going to discuss KRG share of non oil revenues next week. Just a muse but the ICG maybe trying to negotiate giving 14 percent of the budget, which was the new consensus population figure for Kurdistan, for all of the oil and gas. I personally do not see the KRG going for this. But it is all political manoeuvring. And I do not know how they get past the current impasse. Operational update was 31st Jan last year. So next Friday. https://x.com/k24english/status/1882308603492880754?s=46 |
It will be interesting to see how this plays out. Because it wont stand up in Court.
The ICG have already had their knuckles wrapped over breaches to a Constitution that they ALL signed up to and now they have done it again. They are deliberately putting BP / Kirkuk (and future Investment at risk) Just how this so called " amendment " supports all that is beyond me.
The silence tells its own story. Sounds like a lot going on behind the scenes - again.
But they are pushing the KRG too hard this time.
IMO |
jackpotjack: should be one soon, friday/next week... |
hangthedj: as well as apikur cc the email to the investor relations contacts for gkp/genel also...
the guy at genel was good, unfortunately the last text i got from him said he has moved on to pastures new... |
We got an update coming? |
The company is obviously sold TBAANNOUNCEMENT IMMINENTBefore the end of January?. |
#gkp#gkptakeover CEO ?Stay Bonus? gets paid by the end of January latest.Watch out for the Sale RNS too.Whenever you ready @HSFlegalhttps://x.com/111notout1/status/1882138330269376636?t=COr5hyjNpKL8DCvS1l0mRA&s=19 |
Johny@ totally agree, I definitely don't Tri harder these days
I'm one lucky man who gave up the rat race many years ago.
I really do hope this end well for all investors here! |
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