|yesterday 14:32||willoicc||At least Bob doesn't change from ramper to basher and back again every 5 minutes
depending on whether he is in or out. read more...|
|15 Oct 2014||dafydd123||chuffinheck, $100m+ for exports to date and I think the other $150m relates to the CAPEX for the BIR (back in rights).
The BIR had a time limit of December 2012 IIRC. If they weren't sold and the proportionate CAPEX paid to GKP from the buyer, in a lump sum, then the BIR reverted to GKP!!!!! Yeahahhhhh! An extra 20%ish of Shaikan to GKP for free!!!!!!
However, GKP and the KRG have this... read more...|
|Fri 08:18||stevepadstow||Well done Mr Murray...'It may not have dawned on investors....'
If company communications were written in such a way as to make it easy for investors to actually work out what the company is getting paid per barrel, rather than the convoluted cryptic style normally used, then it might have' dawned on investors' some time ago.
FFS read more...|
|16 Oct 2014||highlander7||From LSE
Nearly a year ago, Gulf accepted that their communication with shareholders required improvement and the company apologised. It introduced GulfTV and also began publishing Corporate Social Responsibility newsletters on its website. It looked as if things were on the up.
Unfortunately, the disputed CPR was a real problem and Gulf were unable to persuade the Market that the Oil In... read more...|
|8 hours ago||ries||
Gulf Keystone Petroleum Limited Management Says There’s No Need To Raise New Funds
By Motley Fool | Tue, 21st October 2014 - 11:06
Noilot a week goes by without a rumour about Gulf Keystone Petroleum (LSE:GKP) spreading across the City of London. These rumours can take the form of both bad and good news, although they usually only add to the amount of confusion surrounding the company... read more...|
|Fri 06:03||escondido||I think the phrase is 'GET IN'
Simon Murray: Soldier, explorer, chairman, Asher Basher, sexist?
Great piece -
Mr Murray may need more than tricks in his latest hotspot: he is chairman of Gulf Keystone Petroleum, the oil producer that operates not far from Erbil in... read more...|
|15 Oct 2014||fairenough11||stick £1.20p where the sun don't shine.Shaikan(greater) will still be producing in 50/100 years time and you want to sell the company for around £1Billion,when we are owed nearly that in back costs/BIRs/oil exports,so a buyer would be getting Shaikan/AB/BB/SA for foooook all?
Boll*x to that IMO. read more...|
|15 Oct 2014||fangorn2||"The KRG currently owes Gulf Keystone about $250 million for oil and work carried out, John Gerstenlauer, Gulf Keystone’s chief executive, told Bloomberg News. Payment of arrears could help Gulf Keystone boost production at Shaikan fourfold from its current working interest level of 40,000 bpd."
We are pretty close to a solution for the exports going forward and we are continuing to... read more...|
The final 2nd phase FDP will be for the Supermajors,they will get it signed up for 35/40 plus years as the KRG will need this.
Google the Shah Deniz/Shah Deniz 2.. PSC signed, 1996, Discovery 1999, First production 2006, 35 year PSC signed in December 2013($25 bil investment). this is Gas condensate field, 1.2 trillion cubic metres. similar to Shaikan size at moment..forgetting the... read more...|
|Fri 06:59||highlander7||Never listen to the trolls is the message here.
So much for scaremongering.
gla read more...|