Gulf Keystone Petroleum announces litigation update

Monday, September 9, 2013      
 
  • 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 English Commercial Court in London 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.

Further announcements will be made as appropriate.


 

Join 80,000 oil and gas professionals who receive our weekly newsletter.

You may unsubscribe at any time with one click.

Article Tags

Gulf Keystone United Kingdom West Europe AIM Houston


This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More


Related News


Upcoming OilVoice Training Course

Petroleum Geology of West Africa (Two Day Course)
Please note that this course is spread over two days. The course reviews the key regional controls on petroleum systems and prospectivity across the West African continental margin, covering all onshore, shelfal and deepwater settings between South Africa and Morocco. This second run of the course h...
London - 10 Jun


Trainer
Duncan Macgregor

Cost
£1000

Discount Code
OilVoice-10 for 10% off any course.View Course

All OilVoice Training Courses
Popular Headlines View all
Latest Opinion View all
Join 80,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile
OilVoice Training All upcoming

About

OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Newsletter

Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us


Stay Connected


2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us