Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 25/10/2020 15:15

Has highlander7 found all his deleted posts yet? Has he explained why he had to delete them? No of course not, no need as we all realise it was because he get's everything wrong.

Then there's hab SHAM having to spin everything to desperately con others into thinking he knows what he spouts about. Its hilarious to watch.

Have a look for articles that speak about all the advancements being made with hydrogen power cos the company has plenty of that.

highlander7, you said yesterday you would bring us all up to date on everything. Post it up. Also, how's the easy and fast rehiring coming along?

In particular explain what the "tweaks" will entail that the company mentioned. You can be specific, we'll know if you get it correct:-)

[nestoframpers] 25/10/2020 14:56

Good find BD. Green energy is a move to reduce the chaos that is coming, millions that are use to having transport will be having to take the train soon. POO at $200 not far off . Thorium reactors should have been used decades ago.

[bravedog] 25/10/2020 13:42

@highlander7
25 Oct '20 - 05:01 - 614134

In Southern Australia, the consequence of the irregularity of the wind is that the grid will soon break down.

They found the solution!

”The extravagantly costly ‘solutionsR17; to South Australia’s renewable energy disaster included 276 MW worth of diesel-fuelled Open Cycle Turbines that chew up 80,000L an hour.
Another ‘solution̵7; was the installation of 210MW worth of reciprocating engines at Barker Inlet next to AGL’s 1,280MW Torrens Island gas-steam plant. In an attempt to fill (and profit from) the precipitous gaps depicted above, AGL spent $295 million on 12 Wartsila 50DF reciprocating engines with a capacity of 18MW .
These units are, in fact, giant ship engines, which can run on either gas, diesel or bunker fuel – the benefit of which is that they can reach their peak load within about five minutes of start-up. Ideal for responding to routine wind and solar power output collapses of the kind that have plagued South Australia for years. With gas supplies often tight in SA, these machines are frequently run on ‘liquid fuel’ – ie heavy fuel oil, rather than gas.”

www.stopthesethings.com/2020/09/20/ships-ahoy-giant-diesel-fuelled-ship-engines-solution-for-australias-renewable-energy-crisis/

[jamiethebroadfraudster] 25/10/2020 10:18

#GKPAt what stage will you reveal to market(little peep outsider's) that via your proxy you have been buying own stock for over 12 months? @Gulf_Keystone ?Let's hope the MNR and your other INSIDERS squeaky clean.There's a QUEUE of LITIGATION waiting.Have a good weekend ?

[jamiethebroadfraudster] 25/10/2020 10:17

REAL MONEY POURING in #GKPSince 1 Oct to Oct 15 , just a 2wk period UBS ADDS further 1.1m to go OVER 19,000,000, Dimensional add175,000 to go OVER 7,500,000 https://t.co/9j5FusyMaF

[highlander7] 25/10/2020 07:52

Good find Beernut , of course with the USA supporting the Kurds and pushing the ICG to negotiate a deal with them and implement the Constitution its no wonder the rush to invest in the Kurdish O & G Industry is taking off.

[beernut] 25/10/2020 07:42

UAE's Dana Gas to sell most of Egypt assets; book Q3 impairment

Author Dania Saadi
Editor Claudia Carpenter
Commodity Natural Gas, Oil
HIGHLIGHTS
Dana selling assets for as much as $236 mil

It will retain two Egyptian concessions

Sale to help company focus on Iraqi Kurdish assets

Dubai — The UAE's publicly listed Dana Gas has agreed to sell the majority of its Egyptian assets to a private exploration and production operator IPR Wastani Petroleum for up to $236 million in a bid to focus on its operations in Iraq's semi-autonomous Kurdish region.

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Dana Gas, which started talks to divest the assets in Q2 of 2019, is selling its 100% working interests in the El Manzala, West El Manzala, West El Qantara and North El Salhiya onshore concessions and associated development leases, it said in a statement Oct. 25. It is retaining its interests in onshore and offshore exploration concessions, the El Matariya (Block 3) and North El Arish (Block 6), and "will actively pursue maximizing the value of these assets," it added.

The Egyptian assets being sold produced 30,950 boe/d in H1 and contributed $38 million to the company's Ebitda, it said. The sale, subject to approval by the Egyptian Ministry of Petroleum and Mineral Resources, is expected to be completed in early 2021, it said.

"Completion of the sale process will allow us to strengthen our balance sheet and focus our attention on the development of our world class assets in the (Kurdish region of Iraq) KRI, of which our current share of reserves are over 1 billion barrels of oil equivalent, with considerably more resources for realization and development," CEO Patrick Allman-Ward said in the statement.

[highlander7] 25/10/2020 05:01

You need to get more original Doggie , because looking back you have posted this " we are doomed because of electric cars" nonsense 5 times before.

You have no idea what an energy balance equation is but simply put hydrocarbon based electrical power generation has an efficiency of ~ 30 %. in laymans terms , 70% of the energy goes up the chimney. So work out the power charging requirements for all these electric cars you keep rabbiting on about and you will soon see the reality. We will not generate enough electricity for ~ 15 -20 years.

Add to that the installing of millions of charging points and the redesigning and updating of the UK Electricity Distribution system ( National Grid ) which is already near maximum capacity, and you will see why I think 15 years in a gross underestimate.

Hydrocarbon use as fuel for cars is in fact only a part of total demand. On top of that population growth in the next 10 years is predicted to be + 2 billion. All wanting a US lifestyle. i.e More power generation /more consumer goods etc etc . Nuclear will NOT be here in time. Nor will voters agree to covering the planet in Solar Cells and even more expensive Wind Turbines. So hydrocarbons will be with us for a while yet.

Even with demand forecast to outstrip supply next year , Offshore Oil with production costs /BBL ranging from ~ $30 - $40 is no longer viable . So the emphasis now will be on Onshore Companies with low OPEX.

Which is what makes GKP , with its $2 - $3 a bbl production cost such an obvious target to the likes of China.

Goldmans have predicted one final ONSHORE Oil & Gas Boom and thats what we are waiting for.

[1_] 24/10/2020 19:48

I hear the prodigal BBBS returned to tell us there's 25 billion bsrrels of oil to come out of Sahikan? Is this true? I first invested here when I was 18, believe it or not, just £500, but gave up the game soon after. Not really my thing. But a mate of mine told me to look in. Cheers guys.

[urals] 24/10/2020 19:13

#GKPAt what stage will you reveal to market(little peep outsider's) that via your proxy you have been buying own stock for over 12 months? @Gulf_Keystone ?Let's hope the MNR and your other INSIDERS squeaky clean.There's a QUEUE of LITIGATION waiting.Have a good weekend ?

[urals] 24/10/2020 19:13

REAL MONEY POURING in #GKPSince 1 Oct to Oct 15 , just a 2wk period UBS ADDS further 1.1m to go OVER 19,000,000, Dimensional add175,000 to go OVER 7,500,000 https://t.co/9j5FusyMaF

[urals] 24/10/2020 19:13

All the paid CLOWNS CANT STOP On cue the BIGGEST buy SIGNAL ever :))))Clown Dog USA BIGGEST BUY SIGNAL EVER

[urals] 24/10/2020 19:12

All the paid CLOWNS CANT STOP On cue the BIGGEST buy SIGNAL ever :))))Clown Dog USA BIGGEST BUY SIGNAL EVER

[nestoframpers] 24/10/2020 19:03

Erodgan knows Trump is busy with election.

[mcfly02] 24/10/2020 18:48

Bigdog 😃

I'm still waiting for the clown to update us all on the big FCA investigation 😂

The only updates he gets is what he reads on Twitter and he puts his spin on it.

He's a know nothing and always will be.

GoatCam soon.

[habshan] 24/10/2020 18:31

Bigdog - "Follow the money."

Indeed. That's what JBF keeps trying to tell you.

"REAL MONEY POURING in
#GKP
Since 1 Oct to Oct 15 , just a 2wk period
UBS ADDS further 1.1m to go OVER 19,000,000,
Dimensional add 175,000 to go OVER 7,500,000."

[habshan] 24/10/2020 18:20

"In the next 10 years there will be a massive move to Electric vehicles both in the UK, Europe and the States. Even China. Have a look at the figures of sales that Tesla achieved in China recently."

Sweating the small stuff again I see Bigdog. How's that patch of seabed between Cyprus and Crete that you thought GKP investors should be worrying about coming along.

The supply of electric cars is constrained by the supply of the more than 20 exotic and expensive materials needed to make the batteries such as lithium nickel cobalt manganese and other rare earth metals. There isn't enough mining capacity for those materials to meet the projected demand. And it's estimated that over the next five years $45 billion would need to be invested by mining companies to source and produce those minerals, but no-one wants to spend that kind of money because the next generation of batteries may be made of something completely different.

So I wouldn't get too excited about electric cars just yet.

The rest of us will focus on the bigger picture.

Like this:-

Oil & Gas Journal Oct 19.

"The resource replacement ratio for conventional resources now stands around 16%, which is the lowest seen in recent history. This means that only 1 barrel out of every six consumed is being replaced by new sources. This is the lowest replacement ratio we have witnessed in the last 2 decades,”

Since then the virus situation has caused new investment to fall off a cliff and exising projects to be suspended.

The world's mature fields are declining at an average rate of 5-6% annually and new discoveries aren't being made anything like fast enough.

New fields, and especially low cost fields will be in much demand.

Step forward GKP.

[jamiethebroadfraudster] 24/10/2020 15:10

REAL MONEY POURING in #GKPSince 1 Oct to Oct 15 , just a 2wk period UBS ADDS further 1.1m to go OVER 19,000,000, Dimensional add175,000 to go OVER 7,500,000 https://t.co/9j5FusyMaF

[jamiethebroadfraudster] 24/10/2020 15:10

All the paid CLOWNS CANT STOP On cue the BIGGEST buy SIGNAL ever :))))Clown Dog USA BIGGEST BUY SIGNAL EVER