Company
LON:GKP
Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.
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Westminster Group PLC, Forbidden Technologies PLC, KEFI Minerals PLC, Ten Alps, Sierra Rutile Ltd, RapidCloud International PLC, Allergy Therapeutics PLC, Regenersis PLC, Eckoh PLC, and Gulf Keystone Petroleum Limited were among Tuesday’s s
The $15mln payment covers oil exported in January, as well as some past arrears.
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London’s blue chips recorded a triple–digit drop as BP unveiled a huge loss
FTSE 100 shed 76 points to 5,984 with losses overnight in Asia adding to the nervy mood.
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Genel. Gulf Keystone, Just Eat, Premier Oil, Ergomed...
Payments will now reflect the revenue derived from each producing field on a netback basis
Investments and investor services
Gulf Keystone is owed a pile of money by the Kurdistan Regional Government and soon it might start receiving some of it.
Investments and investor services
Electronics group sparked up on potential interest from US rival
Investments and investor services
Precious metal explorer Wishbone said it was in talks to buy a "complementary business"
Investments and investor services
Beowulf Mining, Medgold Resources and Gulf Keystone Petroleum were also in the news
GKP had expected to pocket ‘hundreds of millions’ when it put its stake in Akri-Bijeel up for sale in 2011. And now, the project has been relinquished.
Investments and investor services
African Potash, e-Therapeutics and sound Energy also reported on Wednesday
The payments reflect an apparent improvement and a regularity of payments which began in September.
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The day's small cap news was dominated by the latest UK oil & gas licensing round.
Iain Patrick is to join as a non-executive director bringing more than 30 years’ experience to the firm
Investments and investor services
African Potash, Microsaic Systems and Obtala Resources also had news out on Wednesday
It has now received a total of US$86mln in payments for oil export sales from the Shaikan field since December 2014.
Below are the main news-driven share price movements at 1pm.
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The outlook isn't particularly clever for shares in Gulf Keystone Petroleum, according to our resident soothsayer.
In August and September, the KRG confirmed it would start payments to oil companies.
A new assessment reveals Shaikan can yield more reserves, and that costs can be lower
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Oil prices firmed up midweek after slipping earlier in the day due to the news of an unexpectedly big stockpile of US crude.
The week's oil and gas highlights included LGO Energy, 88 Energy, Mosman, President Energy, VOG, Gulf Keystone, Tethys Petroleum
GKP told investors it now has some US$73mln of cash
The payment was part of US$30m for the partners in the Taq Taq field in Kurdistan.
It is the first of what are expected to be regular payments from Kurdistan
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Atlantic Coal was a notable share riser as it revealed what Adam Wilson, the company’s chairman, described as a “remarkable” turnaround.
Cash will be allocated ‘in broad proportion’ to past and present contributions to export
GKP said its expected that arrears, now amounting to US$283mln, will be addressed next year
Chinese markets rose "as state-directed investors bought shares"
Oil service providers Amec Foster Wheeler, Lamprell and Hunting, are scheduled to update the market on Thursday.
Investments and investor services
On ‘Black Monday’ investors were sent running as China concerns caused a panic, but in the world of small caps, a few were able to buck the trend.
Zahawi’s appointment will help GKP strengthen relationships in Kurdistan
Monthly oil payments will start in September, the Kurdistan Regional Govt says
Investments and investor services
Stratmin is hitting its target graphite production rate at Loharano.
Deliveries are expected to resume following a temporary shutdown of the Kirkuk-Ceyhan pipeline
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Equatorial Palm Oil did well while Anglesey Mining struggled...
Hardware & electrical equipment
ARM Holdings, Centrica, GKN, Wetherspoon, Afren and Gulf Keystone were all in Friday’s broker spotlight
Investments and investor services
They have a different take on 'efficient market theory' in China. Closer to home, George Osborne is accused of stealing Labour's clothes which, possibly, it got from Primark.
A recovery in Shanghai and hopes of a deal for Greece have raised spirits
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Here are some of the main news-driven movers on Friday
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While the world’s stock markets fretted over a possible exit from the Eurozone by Greece, life went on much as normal for the small caps.
A lot of today's news is not only "Greecy" but oily too.
Gulf Keystone recently received US$9.8mln for domestic oil sales
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It is not often you see the word bonanza written in a company’s report but it happened today.
New boss Ferrier, formerly senior VP at Maersk Oil, is taking over from John Gerstenlauer
Investments and investor services
The FTSE 100 made a big rebound from Friday's fall as it climbed back above 7,000.
