RE: Dividend & Things :)25 Sep 2019 21:58
It was the AB write down that was suspect . Only SZ knew about it as he was at Parabis bank who did the 1st Bonds for Sothick after the CC . One minute MOL were saying 30 k a day is on the cards then 3 months later it was a basket case and non commercial . Now however Rosfnet has bought it , just watch in a few years it will be pumping loads of oil.
nestoframpers - 18 Nov 2016 - 21:29:38 - 527433 of 589011 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
Two different parties had refinance options and JF wouldn't even entertain a meeting so I have been told . Was the KRG not liking it ? One of those was with Saudi's.
Refinance or renegotiate , PMO are just paying it back later 2021, the BHs make more on interest .
SZ arrival quickly led to the securing of the notes.
time line looks suspicious
30 October 2014
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")
Approval of Akri-Bijeel Field Development Plan
Gulf Keystone, an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq, notes today's announcement by MOL Plc., operator of the Akri-Bijeel Block in which Gulf Keystone holds 20 per cent working interest, as follows:
22 January 2015
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")
Appointment of Chief Financial Officer
25 February2015
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")
Strategic Update
Concurrently, and in view of strategic discussions and its current liquidity position, and with the intention of meeting its existing debt payment obligations, the Company is undertaking a review of its financing options and in that context will engage in discussions with its key stakeholders.
12 March 2015 ( AB deemed unsaleable)
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")
Notice of Meeting of Noteholders
US$250 million 13.0 per cent. Guaranteed Notes due 2017
(Regulation S Notes: ISIN XS1056559245 / Common Code 105655924;
Rule 144A Notes: ISIN XS1056559088 / Common Code: 105655