A group of Gulf Keystone Petroleum shareholders have increased their stake in the Kurdistan-focused oil explorer above the 3% threshold at which they have to notify the stock market, the group said on Tuesday. [12 Aug '14]
Shares in Kurdistan-focused Gulf Keystone Petroleum are notoriously volatile. In large part that can be put down to its enthusiastic following among retail investors. Another important factor has been the long-running speculation that it could be the target of a take-over bid. Speculation in that regard was stoked last year by a court ruling which confirmed its ownership of the giant Shaikan field. More recently, just last week in fact, its founder Todd Kozel's decision to st [29 Jun '14]
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