(ShareCast News) - Independent oil and gas exploration and production company Gulf Keystone Petroleum announced its results for the six months to 30 June on Thursday, with revenues of $102.1m recognised during the period, up significantly from $30.1m in the first half of 2015. [22 Sep '16 10:44]
(ShareCast News) - The City of London is girding itself for a £30bn frenzy of initial public offers (IPOs) in coming months as backers look to profit from the London stock market's impressive recovery since the Brexit vote. Flotations including the £10bn City debut of mobile operator O2, a £1.5bn issue for online bookmaker SkyBet, £5bn banking software provider Misys, £3bn for medical products maker Convatec and £2bn floats for cinema chain Vue and car parts maker TI Automoti [4 Sep '16 14:42]
(ShareCast News) - Gulf Keystone Petroleum shares could be worth buying, said the Sunday Times' Inside the City column, if shareholders vote to accept a debt restructuring deal that will leave them just 14% of the embattled oil producer. Shares in the Kurdistan-focused company last week dipped below 3p, meaning they have lost 99% of their value in around four years. Two year ago, a cash-strapped GKP's previous management team, amid boardroom battles, missed targets and shareh [17 Jul '16 12:22]
(ShareCast News) - A group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament. The action, brought by law firm Mishcon de Reya, would potentially complicate Britain's path to leaving the EU, given that a majority of MPs were in favour of remaining and many have continued to speak in favour of maintaining access to the single market. - Financial Times [3 Jul '16 16:58]
(ShareCast News) - Genel Energy said on Monday that partners of the Taq Taq field have received a gross payment of $19.88m (£14m) from the Kurdistan Regional Government (KRG) for oil sales in March, with its share coming to $10.93m. [11 Apr '16 14:18]
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