A new approach to the traditional legal model September 9, 2012 THINK of a sector ripe for an entrepreneur, and law is probably not top of your list. It’s highly competitive – there were 10,202 private practice firms operating in 2011, according to the Law Society – and a complex set of regulations makes applying new business models highly technical. How also to combine the character [...]
Gulf Keystone shares plunge March 12, 2012 GULF Keystone Petroleum shares plunged nearly 17 per cent yesterday as investors remained unconvinced by the company’s update on oil drilling in the Kurdistan region of northern Iraq. Stocks in the Aim-listed company fell 47p to 240p despite its statement that its Shaikan-4 appraisal well, in particular, was giving “excellent” results. Analyst Dougie Youngson, of [...]
Gulf Keystone reports best well January 23, 2012 Oil company Gulf Keystone yesterday said its The Shaikan-4 well, located in the Kurdistan region of Iraq, achieved a flow rate of 563 barrels of oil per day and 3.65m standard cubic feet per day of gas in the first well test. Two well tests in the Triassic have been completed to date, with five [...]
BEST of the BROKERS August 1, 2012 HUTCHISON CHINA MEDI UBS has upgraded Chi-Med from “neutral” to “buy” and raised its target price by 10p to 470p, after strong first-half results beat expectations on pre-tax profits by 66 per cent. The broker said the firm’s UK divestments continue to make sense and is assuming there will be more to come. STHREE Shore [...]
Takeover talk fuels share price boost for Gulf Keystone January 10, 2012 SHARES in oil explorer Gulf Keystone Petroleum climbed 21 per cent yesterday after city analysts suggested that the Kurdistan-focused company is likely be the subject of a takeover approach. The Aim-listed company’s shares have soared 26 per cent since the beginning of 2012, as an exploration well it is drilling in Kurdistan has thrown up [...]
Takeover talk fuels share price boost for Gulf Keystone January 10, 2012 SHARES in oil explorer Gulf Keystone Petroleum climbed 21 per cent yesterday after city analysts suggested that the Kurdistan-focused company is likely be the subject of a takeover approach. The Aim-listed company’s shares have soared 26 per cent since the beginning of 2012, as an exploration well it is drilling in Kurdistan has thrown up [...]
CITY MOVES | WHO’S SWITCHING JOBS August 9, 2012 WH Ireland Richard Killingbeck has been appointed head of private wealth management at the stockbroking and wealth management firm. He joins on 18 September. Killingbeck spent over 11 years at Singer & Friedlander Investment Management, latterly as chief executive of its investment management business. He has also held senior positions at Close Brothers, where he [...]
Gulf Keystone soars on talk of Exxon bid December 19, 2011 SHARES in oil explorer Gulf Keystone closed up 7.7 per cent yesterday on reports that Exxon Mobil was lining up a takeover bid. Its shares had rocketed as much as 32 per cent during the day, and was the second most-traded stock on AIM, with 46.8m shares changing hands. Gulf released a statement at 16.10 [...]
Genel unsure on Kurdistan well May 29, 2012 Gulf Keystone Petroleum and Genel Energy said yesterday results from the first exploration well on the Ber Bahr block in Iraq’s autonomous northern Kurdish region were inconclusive, and the companies could not say whether it was commercially viable. The well will be temporarily suspended while a rig is moved to the location to conduct an [...]
ANALYST OF THE YEAR July 31, 2012 TODAY’S shortlists for the third annual City A.M. awards kick off with the five analysts we have shortlisted who epitomise all that is positive about the City. Their independence and capacity to make accurate calls on stock or the wider economy ahead of rivals sets them apart. All have shown an ability to give detailed [...]