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    SNM — ShaMaran Petroleum News Story

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    Brief: Gulf Keystone Petroleum To Be Surviving Legal Entity In Merger With ShaMaran In Deal NOK 5.7 Bln

    Picture of ShaMaran Petroleum logoShaMaran Petroleum
    Tue 07:24
    BRIEF-Gulf Keystone Petroleum To Be Surviving Legal Entity In Merger With ShaMaran In Deal NOK 5.7 Bln
    Oct 20 (Reuters) - Gulf Keystone Petroleum Limited GKP.L:
    • SHAMARAN ANNOUNCES COMBINATION WITH GULF KEYSTONE
    • GULF KEYSTONE PETROLEUM - TO BE SURVIVING LEGAL ENTITY IN MERGER WITH SHAMARAN
    • GULF KEYSTONE PETROLEUM - TO UPLIST SHARES TO OSLO BØRS, DISCONTINUE LONDON LISTING
    • GULF KEYSTONE PETROLEUM - SHAMARAN SHAREHOLDERS TO RECEIVE 0.07533958 GULF KEYSTONE SHARES PER SHAMARAN SHARE, AGGREGATE USD 601 MILLION
    • GULF KEYSTONE PETROLEUM - SHAMARAN EQUITY VALUE IN DEAL NOK 5.7 BILLION, USD 601 MILLION, NOK 1.96 PER SHARE
    • GULF KEYSTONE PETROLEUM - SHAREHOLDERS TO RECEIVE SPECIAL DIVIDEND OF USD 50 MILLION AT CLOSING
    • GULF KEYSTONE PETROLEUM - COMBINED COMPANY TO HAVE ESTIMATED WI 2P RESERVES OF 323 MMBBL
    Source text: ID:nPrelzpDVa
    Further company coverage: GKP.L

     ((Reuters.Briefs@thomsonreuters.com;))

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