Simon Murray stands down as boss of Gulf Keystone Petroleum March 31, 2015 Oil firm Gulf Keystone Petroleum revealed yesterday that its colourful chairman Simon Murray is to retire. Ex-Glencore chairman Murray has had a varied past, which includes a stint in the French Foreign Legion. He previously led Li Ka-Shing’s Hutchison Whampoa for 10 years, and is famously known for having once been chased by a leopard. [...]
Gulf Keystone posts $248m loss after pay issues with Kurdistan April 9, 2015 SHARES in Kurdistan-focused oil firm Gulf Keystone Petroleum (GKP) dropped by 2.56 per cent yesterday, after the company reported a loss of $248m (£169m) for 2014. This was a deepening of the $32m loss posted in 2013. Revenues were up to $38.6m from $6.7m, and the company stated that it is owed additional revenue “in [...]
Gulf Keystone Petroleum set to raise £30m as sale talks proceed March 23, 2015 OIL FIRM Gulf Keystone Petroleum will announce this week that it is to raise up to £30m through a share sale. Investors will be asked to pay around 33p a share and the company’s bondholders have been asked to agree to changes to the conditions attached to the bonds in an effort to make the [...]
Shares surge as Gulf Keystone admits sale talks February 25, 2015 SHARES in oil firm Gulf Keystone (GKP) rocketed by almost 55 per cent yesterday, after the firm announced that it is in talks about a possible sale. The firm stated that it has “recently engaged in discussions with a number of parties in relation to possible asset transactions or a sale of the company”. It [...]
Oil firms’ shares surge as Kurdistan confirms payments will be delivered September 8, 2015 SHARES in London-listed oil firms, including Genel and Gulf Keystone Petroleum, jumped yesterday, on news that the Kurdistan Regional Government (KRG) is set to make $75m (£49.1bn) worth of payments. Genel rose by over six per cent at one point yesterday, and closed up by 2.82 per cent, at 346.5p, while Gulf Keystone closed up [...]
Gulf Keystone positive for 2015 January 5, 2015 SHARES in oil firm Gulf Keystone Petroleum fell by 3.33 per cent yesterday, following a trading update which revealed that its Shaikan operation is producing oil from seven wells, with an eighth expected to come online later this month. The update also revealed that daily production has been increasing since early December 2014, and reached [...]
Gulf Keystone share price jumps 71 per cent as it confirms sale February 25, 2015 London-listed oil producer Gulf Keystone's share price rocketed today after the company confirmed sales talks, amid an ongoing dispute with the Kurdistan regional government over late payments for its oil exports. Shares in Iraq-focused Gulf Keystone jumped 71 per cent to trade around 60p per share this morning. The company said it had held discussions [...]
New director named at Gulf Keystone December 22, 2014 OIL FIRM Gulf Keystone has appointed Maria Darby-Walker as a non-executive director. Darby-Walker, who has counselled the boards of Rio Tinto, Cadbury, Rolls-Royce and Allen & Overy, as well as the Financial Conduct Authority, takes up her new role immediately.
Gulf Keystone share price falls as much as 18 per cent on Kurdistan woes February 6, 2015 Gulf Keystone's share price fell as much as 18 per cent in early morning trading today, after it suspended trucked exports of crude amid a payments dispute with the Kurdish government. The Kurdistan-focused oil producer is currently owed payments by the Kurdistan Regional Government (KRG) for exported crude. "Though the market has taken this badly, in [...]
The Yoga Tab 3 is a stand-out tablet, packing a powerful built-in projector October 29, 2015 ★★★★☆ At first glance the Lenovo Yoga Tab 3 Pro is a clunky looking thing, all swollen down one side like it’s been stung by an electric bee. Pick it up and hold it portrait-wise however and that beefy edge suddenly makes sense. The tablet sits comfortably in your palm with a grippy heft that [...]