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Gulf Keystone heading to 14 pence. Oh, please, behave!
Our resident ball-gazer's reckons GKP could hit 14p. I want some of what he's on.
Company
LON:GKP
Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.
276 stories · page 6 of 14
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Our resident ball-gazer's reckons GKP could hit 14p. I want some of what he's on.
With borrowings in the order of US$174mln, a market valuation of less than US$9mln and no revenue; Xcite Energy has a problem that has no easy solution.
The restructuring is on track to complete in Ocotber and, according to CEO Jón Ferrier, GKP will soon be in its "strongest position" in years.
Votes on Thursday can clear a big hurdle in Gulf Keystone’s plan to alleviate $500mln of debt.
Archive
The weekly round up of oil news from the world of Proactive.
The US$25mln open offer was oversubcribed and paves the way for a US$500m financial restructuring
The kernel of Xcite’s problem is US$135mln of senior secured debt
Archive
Weekly round up of news headlines from the world of oil...
Investors will be asking themselves whether they’ll be putting good money after bad if they pony up US$25mln sought by Gulf Keystone.
Archive
A look at the small cap oil and gas sector this week, where Gulf Keystone Petroleum featured heavily
London shares ended Wednesday lower but finished the month around 90 points higher
“This updated competent persons report, prepared as part of the company's restructuring, is highly positive as it reiterates our assumptions of last year about the quality of the Shaikan field, and reinforces its prominent position in the r
The US ADP non-farm employment change figure failed to provide investors with much guidance
Analysts divided over whether investing in open offer is worthwhile
A look at some of the big trending stories of the day
A look at what shares are hot and what's not on Wednesday morning
Existing shareholders could end up with 10% of Gulf Keystone (post restructuring) if all the open offer shares are sold.
The Footsie lifted 7.1 points to 6827.89 in early trading, but the UK-focused FTSE 250 was in the red
Below is Proactive’s coverage of the most followed bulletin board stocks, including: IOG AEX SRX CNR PVR HUR XEL GKP