Gulf Keystone Petroleum Share Discussion Threads

[0ili0] 28/4/2019 09:16

Could Agile have sold and gone from equity to bonds, and back to equity, via the restructuring? It's certainly possible.And disastrous.

[chinese_takeaway] 28/4/2019 09:13

https://twitter.com/GoodnightCharl1/status/1122411949776678913?s=19

[chinese_takeaway] 28/4/2019 09:09

Sorry no.I do know 37% of all equity currently in hidden hands :)

[0ili0] 28/4/2019 09:07

Chinese - do you know if/ when Agile Energy reduced/exited? It's odd that Lardner23 was vocal when the BER issue appeared but seems to have done a runner these days.

[chinese_takeaway] 28/4/2019 09:02

New share holder analysis on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon

[pensioner2] 28/4/2019 08:50

I presume you mean 25% of their holding, C_T, not 25% of the total shares in issue?

[chinese_takeaway] 28/4/2019 08:32

Taconic sold at VWAP $2.80 2018Capital sold 25% at $2.80 Feb 19These are pre agreed , not coincidentalThey are part of equity concentration mechanism.Pre extremely imminent ..sale :)

[pensioner2] 27/4/2019 22:55

Atino. FYI. Taconic sold their shares in two tranches last year whilst the share price was rising to its recent summit of 300p. Who to? That's the big unknown but might be either Gulf or an acquirer. But it's some feat to sell 13-14% without crashing the share price Not all is what it might seem.

[atino] 27/4/2019 22:47

So...it was...”Shaikan”...but not “stirred”; ???! LOL 😜

[chinese_takeaway] 27/4/2019 20:42

https://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14What actually has happened to GKP?Gulf found a huge land based resource. Argue amongst yourselves how big , no matter its massive.Tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed note holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hold) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and the company will announce sale very soon.GKP appointed Ashurst UK legal 500 tier 1 energy and oil m and a, specialists , in 2018 to handle the sale legals.Who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.Xx

[chinese_takeaway] 27/4/2019 20:42

X(He decided he'd commit career suicide ,sack off a high flying investment banking career to work at a worthless e and p)Whilst awaiting the sale RNSHere's the fella who's run the sale auction process at GKP Mr. Gabriel Papineau-Legris is Commercial Director of the Company. He has over ten years of experience in the energy industry. Prior to his appointment at Gulf Keystone, Gabriel worked in private equity at Lime Rock Partners where he was involved in investigating and executing E&P and oilfield services investment opportunities internationally as well as monitoring portfolio companies. Prior to that, he worked in investment banking at Perella Weinberg Partners and Merrill Lynch, where he started his career, advising oil majors, E&P companies and governments on M&A and restructuring transactions, and capital market financing. Gabriel graduated from HEC Montréal (BBA) and EDHEC Business School (MSc). He is also a CFA charterholder.Xx

[atino] 27/4/2019 20:37

Sounds like a scramble, or a rat 🐀 race to stake building...or whomever can now “collect”;, the most amount of shares 🙇😉

[chinese_takeaway] 27/4/2019 20:34

X(He decided he'd commit career suicide ,sack off a high flying investment banking career to work at a worthless e and p)Whilst awaiting the sale RNSHere's the fella who's run the sale auction process at GKP Mr. Gabriel Papineau-Legris is Commercial Director of the Company. He has over ten years of experience in the energy industry. Prior to his appointment at Gulf Keystone, Gabriel worked in private equity at Lime Rock Partners where he was involved in investigating and executing E&P and oilfield services investment opportunities internationally as well as monitoring portfolio companies. Prior to that, he worked in investment banking at Perella Weinberg Partners and Merrill Lynch, where he started his career, advising oil majors, E&P companies and governments on M&A and restructuring transactions, and capital market financing. Gabriel graduated from HEC Montréal (BBA) and EDHEC Business School (MSc). He is also a CFA charterholder.X

[chinese_takeaway] 27/4/2019 20:33

https://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14What actually has happened to GKP?Gulf found a huge land based resource. Argue amongst yourselves how big , no matter its massive.Tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed note holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hold) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and the company will announce sale very soon.GKP appointed Ashurst UK legal 500 tier 1 energy and oil m and a, specialists , in 2018 to handle the sale legals.Who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.X

[atino] 27/4/2019 20:22

Hey China-man - Is this BlackRocks finking 💭💭💭

(Quote 25/4/19 🙇) “Bonds Are Back 👍...as Ballast for Risk Assets”, BlackRock's Thiel Says 🗣



Is this...why he partially likes you’s 🤔💭💭💭

BlackRock’s ETF...designed to offer price-efficient exposure to developed markets has outgrown its similar, more expensive fund for the first time, data compiled by Bloomberg show. The upstart -- the iShares Core MSCI EAFE ETF, known as IEFA -- now manages $63.6 billion after adding $522 million on Wednesday 👍

[chinese_takeaway] 27/4/2019 20:04

X(He decided he'd commit career suicide ,sack off a high flying investment banking career to work at a worthless e and p)Whilst awaiting the sale RNSHere's the fella who's run the sale auction process at GKP Mr. Gabriel Papineau-Legris is Commercial Director of the Company. He has over ten years of experience in the energy industry. Prior to his appointment at Gulf Keystone, Gabriel worked in private equity at Lime Rock Partners where he was involved in investigating and executing E&P and oilfield services investment opportunities internationally as well as monitoring portfolio companies. Prior to that, he worked in investment banking at Perella Weinberg Partners and Merrill Lynch, where he started his career, advising oil majors, E&P companies and governments on M&A and restructuring transactions, and capital market financing. Gabriel graduated from HEC Montréal (BBA) and EDHEC Business School (MSc). He is also a CFA charterholder.

[chinese_takeaway] 27/4/2019 20:02

https://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14What actually has happened to GKP?Gulf found a huge land based resource. Argue amongst yourselves how big , no matter its massive.Tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed note holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hold) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and the company will announce sale very soon.GKP appointed Ashurst UK legal 500 tier 1 energy and oil m and a, specialists , in 2018 to handle the sale legals.Who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.

[chinese_takeaway] 27/4/2019 19:49

(He decided he'd commit career suicide ,sack off a high flying investment banking career to work at a worthless e and p)Whilst awaiting the sale RNSHere's the fella who's run the sale auction process at GKP Mr. Gabriel Papineau-Legris is Commercial Director of the Company. He has over ten years of experience in the energy industry. Prior to his appointment at Gulf Keystone, Gabriel worked in private equity at Lime Rock Partners where he was involved in investigating and executing E&P and oilfield services investment opportunities internationally as well as monitoring portfolio companies. Prior to that, he worked in investment banking at Perella Weinberg Partners and Merrill Lynch, where he started his career, advising oil majors, E&P companies and governments on M&A and restructuring transactions, and capital market financing. Gabriel graduated from HEC Montréal (BBA) and EDHEC Business School (MSc). He is also a CFA charterholder.

[atino] 27/4/2019 19:47

Breaking news 🚨

Bitcoin drops 7 per cent on allegations of $850m fraud by Bitfinex by New York Attorney General 🤔

To those who don't know, Bitfinex, one of the world's largest crypto exchanges, has been accused of fraud by the New York Attorney General's office. They're alleging that "Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall." So, what the NYAG office is alleging, is that Bitfinex is essentially involved in a pyramid scheme behind the curtains. That is a POWERFUL allegation that is sure to put the breaks on the market, at least until there is a bit more clarity on the issue and whether or not investor funds are at risk with Bitfinex or potentially on other exchanges.

(Don’t really like crypto currency TBH), but this looks like a dead cert SHORT (...for any shorters out there). follow the news 😉👍

[chinese_takeaway] 27/4/2019 19:45

Whilst awaiting the sale RNSHere's the fella who's run the sale auction process at GKP Mr. Gabriel Papineau-Legris is Commercial Director of the Company. He has over ten years of experience in the energy industry. Prior to his appointment at Gulf Keystone, Gabriel worked in private equity at Lime Rock Partners where he was involved in investigating and executing E&P and oilfield services investment opportunities internationally as well as monitoring portfolio companies. Prior to that, he worked in investment banking at Perella Weinberg Partners and Merrill Lynch, where he started his career, advising oil majors, E&P companies and governments on M&A and restructuring transactions, and capital market financing. Gabriel graduated from HEC Montréal (BBA) and EDHEC Business School (MSc). He is also a CFA charterholder.

[atino] 27/4/2019 18:06

Hey 👋🏻 there China-man 😁

(It’s my studying weekend 😉🙇). And I was wondering...you wouldn’t happen to know...of any good charts out there...to dominate/or surf, do you ?

Getting quite bored of the Gasolin-A chart...(although it’s great for volatility)

...looking forward to the remittances clearing early next week 🤑