Member Info for everhopeful

https://bit.ly/2YFb4d8

Mk Cap is so low there is likely to be a move on HDD surely?

This is more like it GLA

Might as well park these up since I have found them

lardner2323 Jul '16 - 19:11 - 506546 of 589024
0 6 0
Whitehall complicated. Eg. Manzoni, head of Civil Service. Ex-CEO of Talisman Energy. Nadz' company went on to become advisors to Talisman.

Manzoni has also been an adviser to an energy private equity firm, Adamant Ventures. Oh what a tangled web.

lardner2323 Jul '16 - 18:35 - 506528 of 589024
0 6 0
Will GKP bring down a major accounting firm :)))

Restructure done in May but $250 mill due Oct . SZ appt why ? previous worked at Parabis Bank who did the bonds for Sothick , he knew all about the BER PUT options going below 0.4%.

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

There were 18 offers for GKP JF wouldn't look at them

09:59
Between a Rock and the MNR.
Painter06 5UP

I feel let down and duped by the near wipe out of my investment which I have held and increased over the past five years. At this point in time the repercussions of what is happening is for me literally life changing, though not in a positive way.

Being of a pragmatic disposition, and having looked closely at the information provided to shareholders on the GKP website, the chain of events which led us to being where we are have the MNR / KRG written all over them.

GKP is not Dana, we are a small Company and more vulnerable than Dana was when they took the legal route. In addition Shaikan is a large part of he armoury for Kurdistan's future as an Independent Nation, an aspiration of all Kurds. If GKP were to achieve an order for back costs to be paid to them, it would be a pyric victory whereby they'd have one a battle at expense of the war.

Chairman Keith Lough 20/07/2016;

.... ''Furthermore, even under a scenario of significantly higher oil prices and recovery of all arrears from the MNR, the Company does not expect to be able to refinance or repay its current financial indebtedness of over US$600 million due in 2017.''

In order for the 18 offers / M&A proposals to proceed to a formal offer to be communicated to shareholders, the interested parties would first need to have discussions with the MNR - it's their oil after all... Should the KRG not be interested in cooperating with the above mentioned parties, no expressions of interest could proceed to a formal bid or M&A proposal.

-------------------------------------------------------------

It wasn't all due in 2017 , $250 mill in Oct 2018 I think.

garrymorrow9 Aug '19 - 14:07 - 3676 of 3676
0 3 0
18 August 2019 From RNS

Number of shares Transaction price Time of transaction
purchased (pence per share)

31,764 228.00 10:18:54

From ADVFN GKP trades 18 08 2018

Num Price Size Type Bid Offer Time Buy Sell
103 228.0 31764 O 228.0 229.0 10:18:54 0 31,764

Interesting!

The other thing was why notes due months ahead , restructure was in Jan I think and $250 mill notes were not due until OCt. , this is from Reuters article on this

Gulf Keystone's shareholders have yet to approve the debt swap and the drastic dilution. But the company has predicted insolvency if the deal doesn't go through.

That gives the likes of Sothic and CapeView a strong chance of becoming the driving forces behind changes at Gulf Keystone.

The two funds as well as GLG Partners and Taconic declined to comment.

In 2015, Sothic and CapeView both participated in a similarly complicated debt refinancing after low gold prices sapped Russia-focused, London-listed miner Petropavlovsk . The firm has since become a battleground for shareholders including Russian oil-to-metals tycoon Viktor Vekselberg.

Gulf Keystone has said it has had as many as 18 merger and acquisition approaches in the past but most buyers were spooked by heavy debt levels.

"Hedge funds will usually be on the shareholder register for a shorter period of time compared to longer-term investors, which increases volatility," said Sam Wahab, oil and gas analyst at Cantor Fitzgerald. ($1 = 0.7644 pounds) (Writing by Dmitry Zhdannikov; Additional reporting by Sudip Kar Gupta; Editing by Ruth Pitchford)

Simon Murray was pushed out and rumors of him having Alzheimers were spread , all he wanted was to have a look at the interesting proposal from the Irish lot T5.

We have had 40 payments at an ave of $17.5 mill a total of $700 mill , a payment every 1.2 months on Ave , what's not to like? GKP have had to do nothing until this year to maintain this , that is a cracking field.

This is the 6th time since 2015 that there has been a gap in payments so that is in 40 payments 6 have been a week or two or 3 late , in June we got Two , so not getting out of hand imo.

https://www.rudaw.net/english/kurdistan/300720192

I thought everyone had filtered out the O63

Quite flyinghorse , why haven't they done so ?

The lower POO is the better GKP looks to oil Co's being so cheap to produce.

This site has it at $100 in 22
https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti

No one knows it might be $100 in 2 weeks if there is a war in the ME.

The only reason the trolls are still discussed is because nothing is happening and GKP is worth a Kings ransom. The only reason a troll would say he has ''more recordings than Sony'' is to put fear into the people he recorded, but how would they know they had been recorded ? Those trying to put negative spin on the narrative should be filtered . Reasons to be cheerful are increasing .

Sharistani when he was Energy Minister paid $4 bill to a Canadian Electric Co that didn't exist, he wife is a Canadian., always thought why was no one's collar felt for that ?

I don't think CCC is the same one from ii .

How many here are from the old days ?

For me I feel the value here is LT ( 3 years ) might well be very wrong ! , I will keep my PXS as my ave is 1.8p . GL all SiS er's .