Greyhound
- 09 Sep 2013 08:14
- 4445 of 5505
Not long to wait now, shares suspended tomorrow
niceonecyril
- 09 Sep 2013 09:08
- 4446 of 5505
Having trouble C&Ping, litigation news out,10 30am 10th Sept..
Just my luck twice yearly,away from any contact and tomorrows one of those days,such is life.
niceonecyril
- 09 Sep 2013 09:14
- 4447 of 5505
RNS Number : 4759N
Gulf Keystone Petroleum Ltd.
09 September 2013
Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.
9 September 2013
Gulf Keystone Petroleum Ltd. (AIM: GKP)
("Gulf Keystone" or "the Company")
Litigation update and agreed short term suspension of trading in the Company's common shares on AIM from the day of judgment of the Excalibur case
The English Commercial Court in London (the "Court") has set the date and time for its decision in relation to the claims asserted by Excalibur Ventures LLC ("Excalibur") against Gulf Keystone Petroleum Limited and its two subsidiaries (the "Companies") and Texas Keystone Inc. (together the "Defendants") as 10.30 a.m. on 10 September 2013 (the "Decision").
The Judge has indicated that he will read in open court his Decision and a summary of his conclusions will be available at www.judiciary.gov.uk on the day. The full, written judgment will not be made public until a later date.
As the Decision will be given in real time in open court and in order to maintain an orderly market in the Company's shares, Gulf Keystone confirms that trading in its shares on AIM will be suspended (the "Suspension") from 7.30 a.m. on 10 September 2013 and this Suspension will remain in place until such time as the Company releases an RNS giving details of the Decision, which is expected to be later the same day.
niceonecyril
- 09 Sep 2013 10:36
- 4448 of 5505
Just came across this,???
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My first post, greetings all.
Just seen this: "Gulf Keystone Petroleum (GKP) has requested that its shares be suspended from trading from tomorrow morning until later in the day once the company has updated investors on the outcome of the court hearing into claims against the company by Excalibur Ventures, which will begin at 10.30am tomorrow."
Will it be accepted?
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niceonecyril
- 10 Sep 2013 09:57
- 4449 of 5505
TEMPORARY SUSPENSION OF TRADING ON AIM
GULF KEYSTONE PETROLEUM LIMITED
At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 10/09/2013 7:30am, pending an announcement.
Common shares of US$0.01 each (DI), fully paid (B019X62)(BMG4209G1087)
If you have any queries relating to the above, please contact the company's nominated adviser on (0) 20 7409 3494.
niceonecyril
- 10 Sep 2013 10:44
- 4450 of 5505
1st snippet,
Simon Fisher @simonfishybits now
Collaboration agreement does NOT entail Excalibur to any part of the PSC
niceonecyril
- 10 Sep 2013 10:45
- 4451 of 5505
Simon Fisher @simonfishybits 3s
Excalibur has NO claim to any part of GKP Yes!!!!!!!
niceonecyril
- 10 Sep 2013 10:46
- 4452 of 5505
Simon Fisher @simonfishybits 15s
Excalibur was not ready to operate its obligations & as a result TKI are discarded from any obligations
niceonecyril
- 10 Sep 2013 10:48
- 4453 of 5505
@simonfishybits: No damages for Excalibur
niceonecyril
- 10 Sep 2013 10:50
- 4454 of 5505
Simon Fisher @simonfishybits 1m
New York law does not apply
Simon Fisher @simonfishybits 24s
Excalibur has no valid claim
Simon Fisher @simonfishybits 34s
Everyone is shaking Todd's hand
Expand
Simon Fisher @simonfishybits 1m
That's is the Judges outline Judgment
Expand
Simon Fisher @simonfishybits 1m
Excalibur has no valid claim
niceonecyril
- 10 Sep 2013 10:56
- 4455 of 5505
Tweets
Simon Fisher @simonfishybits 3m
Excalibur has no valid claim
Simon Fisher @simonfishybits 4m
No damages for Excalibur
Expand Reply Retweet Favorite More
Simon Fisher @simonfishybits 5m
Neither TKI or GKP was guilty of any fraud
Expand
Simon Fisher @simonfishybits 5m
New York law does not apply
Expand
Simon Fisher @simonfishybits 6m
TKI & GKP are not liable to any part to Excalibur
Expand
Simon Fisher @simonfishybits 6m
Excalibur was not ready to operate its obligations & as a result TKI are discarded from any obligations
Expand
niceonecyril
- 10 Sep 2013 10:59
- 4456 of 5505
IS THEIR ANYBODY THERE
kimoldfield
- 10 Sep 2013 11:00
- 4457 of 5505
Too busy opening the champers!
niceonecyril
- 10 Sep 2013 11:04
- 4458 of 5505
cynic
- 10 Sep 2013 11:05
- 4459 of 5505
yippee!
always said EXC were a bunch of carpetbaggers and i'm delighted that they have been totally whacked!
that sp will now rocket once the suspension is lifted is another matter :-)
=================
once the initial knee-jerk euphoria has evaporated, it will be very interesting indeed to see what value the assorted analysts place on the company, especially as the board also now has a more respectable face to it
niceonecyril
- 10 Sep 2013 11:08
- 4460 of 5505
sEEMS THEIRS A 100K @225P OF BOOK PLACED????
niceonecyril
- 10 Sep 2013 11:11
- 4461 of 5505
niceonecyril
- 10 Sep 2013 11:13
- 4462 of 5505
I wonder when they will allow trading to begin?
cynic
- 10 Sep 2013 11:16
- 4464 of 5505
cyril - i would guess not until after the american markets open