Gulf Keystone Petroleum Share Discussion Threads

[beernut] 29/9/2019 10:38

Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

Basnews English 29/09/2019 - 11:29 Published in Kurdistan
Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

Tagged under en
ERBIL — A delegation of lawmakers from the Iraqi parliament will visit Erbil in the upcoming days to follow up the talks aimed at finding a solution to the prolonged disputes between the regional and federal governments.

Since the formation of the new cabinet of the Kurdistan Regional Government (KRG), Erbil and Baghdad have shown commitment to resolving their differences, especially those related to budget, oil revenues, and disputed areas.

MP Vian Sabri told BasNews that the parliamentary delegation will include committees of legal affairs, oil and gas, and finance and economy.

“Each parliamentary committee will hold separate meetings with the relevant authorities in Kurdistan Region,” she said.

Among the current disputes between Erbil and Baghdad is the 2020’s budget bill. MP Sabri noted that the regional and federal governments should reach an agreement before the bill is sent to the parliament for approval so KRG’s share is secured.

[0ili0] 28/9/2019 22:54

Blimey. Whole lotta cloning going on. Hmmm... who'd do a thing like that?

[chinese_takeaway] 28/9/2019 20:25

Nestoftampers They are wrong regards numbers of options.11.3m is the combined , srp,ltip,and vcp maximum that could be required.How many are required to be bought in is debatable. Each of the 3:plan rules complicated.Vcp about 7.5m but prob only half can vest now under plan rules.ltip might only be 1.4m out of2.8 as well.srp1.4m may or may not vest at all.Also if there is an off mkt major pre agreed buyin all options can be reduced pro rata.It's very likely imo they already bought what's needed pre sale.

[nestoframpers] 28/9/2019 20:20

Straycat

Posts: 352

Price: 229.50

No Opinion

RE: To Sell Or Not To Sell, That Is The Question.Today 19:48
Change of control under the VCP.

With regard VCP participants, on a change of control –
‘the value of additional OPTIONS will be calculated as at any other Measurement date…’

I think this means that the grant of nil cost options is in and of itself enough. There is no requirement for them to be in treasury on a change of control.

This would make sense, because otherwise the VCP participants would lose out due to unfortunate takeover timing if it happened between option grant and option vesting.

And this is important because at the moment we have 7,414,738 shares in treasury and only another $4.2m left to buy back shares into treasury with.

If we have to buy back SZ and JF’s granted nil cost options (c.a.7.1m options from memory) then we’ll need more money. If not then the mission to protect the staff option awards is nearly/already complete.

And if that’s right, then we’ll soon be buying back for cancellation. Not sure whether they’d have to RNS that change of buyback policy or not.

[chinese_takeaway] 28/9/2019 19:41

https://twitter.com/GoodnightCharl1/status/1178010162466099200?s=19

[angina] 28/9/2019 19:36

Management couldn't handle the MNR bullies, now it appears that their technical competence is questionable too.Spectacularly good at looking after numero uno 'though.1 outa 3 ain't too bad now is it ?

[chinese_takeaway] 28/9/2019 19:16

https://twitter.com/GoodnightCharl1/status/1178010162466099200?s=19

[chinese_takeaway] 28/9/2019 18:37

The FCA are watching closely OAPAnd for once they have already actedNaughty auction layering :))))

[chinese_takeaway] 28/9/2019 18:28

https://twitter.com/GoodnightCharl1/status/1177998375435804673?s=19

[chinese_takeaway] 28/9/2019 18:24

Agreedhttps://twitter.com/Paul47293202/status/1177977954544037891?s=19

[nestoframpers] 28/9/2019 18:02

Wouldn't surprise me to see a very hard attack on GKP LTHs like a short , any dirty trick they can imagine TBH . The spread bet firms themselves have a interest in getting long positions to close.

[bigdog5] 28/9/2019 17:58

oil_investor - 14 Jul 2016 - 08:16:57 - 502655 of 591829
THE NEW GKP / Drilling for Super Giants (moderated) - GKP
JOB DONE! GULF KEYSTONE PETROLEUM SORTED! NOW TO DEVELOP SHAIKAN

"And the new GKP has the cash to move forward with the development of the mighty Shaikan, with 55,000 bopd easily achieved in my opinion, and something like 80,000 to 90,000 bopd very achievable and affordable looking a little ahead".


A little ahead, lol. Over 3 years on and production is about to go off another cliff having failed to reach 40k a day. See what I mean about the hype?

All about the issues:-)

[pensioner2] 28/9/2019 17:41

Are you serious, S.L.? They're going to short it to 180 against J.P. Morgan, Blackrock, Brightsphere(Paulson) etc. And it wouldn't do them any good to try as most P.I.'s - who would be their target to get them to panic sell - have averages way below 180. Try another tack because that one is tacky.

[chinese_takeaway] 28/9/2019 16:16

Sale could well be announced this week.Almost certainly D-28 of scheme timeline occurred in break in buyback program Sept 2-9 , (that's why a break designed into program, to arrange irrevocables ,scheme schedule, after a watershed stock level achieved etc ) D-0 ( Sale by scheme RNS ) therefore between Monday Sept 30 - Oct 7th

[stockport loser] 28/9/2019 15:59

Or of course they could be waiting till the share buyback has finished and short it to 180. Compared to its peers it's looking toppy and bopd results are not exactly over delivering.

[shortsqueezer] 28/9/2019 15:54

And also all the ducks lining up towards end of October!

[pensioner2] 28/9/2019 15:41

Voleon still short 0.6%. They must be finding it difficult to acquire shares in competition with GKP or they are confident their short is worth holding. Rather them than me. The chart would suggest a strong breakout soon and it's more likely to be up than down with a cash-rich dividend payer.

[bigdog5] 28/9/2019 13:01

GKPhero
28 Sep '19 - 00:55 - 591817 of 591823
0 12 0

"just back from a night on the drink with the city boys...........talk of gkp being a takeaway certanty everyone is filling boots with the gkp.......greed is the word"

LOFL.

johnyboy, did they let you drive their street sweepers?

A certainty you say, like you've been telling us for the past 10 years?

"Everyone is filling their boots"?

Is that why the share price has been falling?

Keep the merc serviced, that's a top tip.