Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 27/9/2019 09:12

Broadfords OPINION & we were not interested...FREE shares with reinvested dividends shortly & an aggressive share buyback. That is the REAL story

[steephill cove] 27/9/2019 09:11

Broadfords OPINION & we were not interested...FREE shares with reinvested dividends shortly & an agresdivecshare buyback. That is the REAL story

[bigdog5] 27/9/2019 09:08

S12 is taking a very long time, problem?

I note that nestof is again demonstrating that none of his brain cells are in communication.

Lot of "issues" in Broadford's explanation, did you spot them:-)

[beernut] 27/9/2019 08:40

This snippet from lse doesn’t match with Paul on Twitters article.

From Mark Antelme. "Thanks for the call just now. The figures in the RNS of 20 Sept are correct, and take into account the recent buy back activity. The treasury shares are included for the calculation, but the treasury shares are not paid. As ever, the calculation was done in conjunction with Computershare and we are satisfied it is correct."”

[chinese_takeaway] 27/9/2019 08:16

Urals the interesting thing re buyback program design was the need to have a break period? .imo agreemeents were probably formalised at that point D-28 ,in that break, hence using scheme of arrangement timetables, D-0 sale announcement perhaps next week???

[frenchybannedme] 26/9/2019 23:28

OilyStrawmanChild,

I passed a landrover on the M6 the other day that had "Overfinch" written in crayon above the number plate.

Was that you?

[frenchybannedme] 26/9/2019 23:21

I'd be throwing the goatcam into the canal.

[mcfly02] 26/9/2019 23:14

Digby,

What was your last post to me ???

Flow rates,production,pump status,rig status,pipes,PFs status, who's meeting who and where and much much more.

That information is for GoatCam users only 😃🖕

[nestoframpers] 26/9/2019 23:11

Officerdigby filtered , those who wish to read OMs posts will do so , I do not wish to .

[officerdigby] 26/9/2019 22:21

mcfly0226 Sep '19 - 19:50 - 591706 of 591719



I posted on twitter that this company won't be issuing a sold RNS anytime soon !
I posted this before the latest results and contrary to what Paul Carrol was telling everyone under his many many names.


Flow rate there's got to be a flow rate coming.. surely?!..

[frenchybannedme] 26/9/2019 22:03

Its a very small family.

[0ili0] 26/9/2019 21:50

Harry Caper would not approve of Sarah Cusick's attitude. Harry doesn't like trolls.

[welshki] 26/9/2019 21:26

Loser........I see u didn't want to take up my challenge of yesterday and post something resembling a fact or the truth.......I'm truly shocked, lolAnd your latest post........what's ur point? Those 3 mentioned are the same people, you're stupid but not that stupid u can't see that, right?So who is David? Is that me? Wasn't I bob yesterday?

[mcfly02] 26/9/2019 21:22

Gosh it's fun down the estate when the family get together and shout at your windows.

Dave, why don't you just stick to one name ???

[frenchybannedme] 26/9/2019 21:09

Gosh it's fun down the estate when the family get together and shout at your windows.

[mcfly02] 26/9/2019 20:45

The clown even had to take out a mortgage on his tomato tunnel 😂

[stockport loser] 26/9/2019 20:39

Lada more like.

[nestoframpers] 26/9/2019 20:39

OT

Re Law makers , that is meant to be Parliaments job.

[0ili0] 26/9/2019 20:19

Red ticks come and red ticks go.Another tyre on the Lambo paid by the divi.;)

[welshki] 26/9/2019 20:03

What a moronic infantile clown

[mcfly02] 26/9/2019 20:01

I liked Jamie's post on the pumps so much here it is again 😃

Broadford bay

Hi bigdog,

I see the issue of ESPs has come to the fore, yet again. Yawn...

If it's any help, here is my opinion:

I believe the company made mistakes in the ordering of the ESPs and has been forced to revise their Design / Order parameters for same.
I believe the results from the recently re-tubed wells contributed to that re-evaluation, in that the GOR needed to be taken into account and that in some of the wells the bubble point was being approached.

Note what the CPR from ERCE stated: "However, there is uncertainty in the PVT analysis where the bubble point measurements range from 1,570 psia to 1,907 psia".

If you look at the Pressure graphs submitted with the 2018 FY Results (Wells SH-1 thru -5, and SH-7/-8, -10 and -11), you will see that the BP was approaching fast for some wells. Considering that 18 months or so have now passed this this data was graphed, you can be sure that the BP has indeed been reached for some,

In itself, that is not the end of the story.
It does mean, however, that the considered ESP now has to contend with a very different flow situation - instead of pumping just oil (single-phase flow), albeit with gas in solution, the ESP now has to contend with oil and gas that has actually come out of solution; this is known as dual-phase flow.

Moving from single- to dual-phase flow changes completely the design parameters for the ESP Pump String (the pump has associated elements that are equally important to its performance as is the pumping part).
Furthermore, and irrespective of the gas / bubble point issue, the design for handling crude oil at API=12 will be different than for crude at API=17 (flow & power targets).

Note too what the company said in its opening remarks to the 2018 Annual Report:
"Production since 31 December 2016 of 24 MMstb has been stable with no water or
gas breakthrough at the wells.
Measured pressure decline during this time has been seen to flatten. This is a positive indication of additional pressure support, that is believed to be coming from the formation of a secondary gas cap AS THE PRESSURE GOES BELOW THE OIL'S BUBBLE POINT". (CAPS are mine)

As I indicated, it's not the end of the world, but I do believe the company has decided to delay installation (for some wells) to enable more pressure decline data to be collated, enabling them to place the ESPs more effectively. I would particularly like to know what API density the #12 well flowed.

My view, all of it.

[beernut] 26/9/2019 19:59

Iraqi Parliament Delegation to Visit Kurdistan Region

BasNews 26/09/2019 - 19:13 Published in Kurdistan
Iraqi Parliament Delegation to Visit Kurdistan Region

Tagged under en
ERBIL - A delegation from the Iraqi Council of Representatives will visit the Kurdistan Region next week, a lawmaker said on Thursday.

Mohammed Shakr, an MP at the Iraqi Parliament, told Kurdistan 24 that the delegates will discuss a range of issues with the Kurdish lawmakers.

The Iraqi delegation includes members from the Legal, Oil & Gas, and Finance Committees, Shakr noted, adding that there is progress in the dialogue between Erbil and Baghdad.