Gulf Keystone Petroleum Share Discussion Threads

[luckyclicker] 28/11/2023 10:09

https://www.shafaq.com/en/Kurdistan/PM-Barzani-Baghdad-Erbil-talks-are-ongoing-to-solve-the-budget-issue

[luckyclicker] 28/11/2023 10:09

The Prime Minister highlighted the delegation's current presence in Baghdad to address a range of unresolved issues with the federal government, particularly concerning the budget and delayed funding for Kurdistan's people's salaries. Barzani indicated that fruitful discussions took place yesterday and would continue to ensure securing salaries without burdening the Kurdish population.Additionally, he emphasized the necessity of resolving the oil issue through an advanced federal oil and gas law based on the permanent constitution, enabling the region to resume oil production and exports, beneficial not only for Kurdistan but for all Iraqi citizens.

[doctortakeover] 28/11/2023 10:06

Top 2 shareholders here with over 55,000,000 haven't sold 1 share at 48p or 320 p....they won't be selling now either... LolThey know this is a huge takeover, one thatwill be at enormous premium to today's share price The opportunity to buy at today's price is the opportunity of a lifetime for retail investors.As the CEO said only a few weeks ago:"Upside potential ENORMOUS"FILL YER BOOTS and BATH

[andy scrimgeour] 28/11/2023 10:05

Yes, I thought that was strongly implied. Perhaps English isn't your first language? The only other inference I can take is that you were just looking to make a cheap and snidey point, but I am sure that wasn't the case.

OzzMosiz28 Nov '23 - 09:48 - 695084 of 695084
0 2 0
Radio silence in the last week is "concerning "

Err to you maybe.

[ozzmosiz] 28/11/2023 09:48

Radio silence in the last week is "concerning "Err to you maybe.

[doctortakeover] 28/11/2023 09:44

What we don't know is who the 3, hedges total 4m short working for?Themselves? clients?Have they contra positions.There is huge money at stake here

[doctortakeover] 28/11/2023 09:35

To buy the company you have to own / control 50% + of shares in issue... Top 2 shareholders with over 55,000,000 haven't sold 1 at 48p or 320 p....they won't be selling now either... LolThey know this is a huge takeover, one thatwill be at enormous premium to today's share price The opportunity to buy at today's price is the opportunity of a lifetime for retail investors.As the CEO said only a few weeks ago:"Upside potential ENORMOUS"FILL YER BOOTS and BATH

[andy scrimgeour] 28/11/2023 09:10

No worries nest, I thought this was a discussion board. My bad.

I realize that's an extreme idea, but thought perhaps it's another angle to consider. The radio silence in the past fortnight is concerning and I suppose I was thinking 'what would JR Ewing do if similarly pushed against a wall?'

It would hamper AIKPUR at a stroke, and in the scheme of things, would be a relatively cheaper option. As has been pointed out though, bigger geopolitical considerations are in play.

[nestoframpers] 28/11/2023 09:02

Couple of new posters filtered this AM. 695077 posts and they think their shots in the dark are required reading FFS.

[highlander7] 28/11/2023 08:38

The ICG is doing exactly what it should be doing - finally. Offering incentives. Once the HCL is in place they will be queueing up.

If they standardise Contracts across the whole of Iraq so much the better. But they need APIKUR on board to make that happen. Which look possible.

IMO

[doctortakeover] 28/11/2023 08:27

The uncle of the Genel Director who has been buying huge chunks, is a Govt minister

[andy scrimgeour] 28/11/2023 07:42

I know what you are saying Highlander, but respectfully, I think you are being naive.
Assuming they gave a modest premium above prevailing MV (circa 10%) no sane court would grant compensation.
As for Iraq/Kurds destroying business confidence, I think that horse bolted around a decade or so back.
It is the quickest and least expensive way out of the impasse for them, but as I say, this is just an educated theory.

[beernut1] 28/11/2023 06:51

Turkey expresses its readiness to resume oil exports from Iraqi Kurdistan

Amr Salem November 27, 2023 853 2 min
Turkey expresses its readiness to resume oil exports from Iraqi Kurdistan
A worker standing next to Iraq-Turkey oil pipeline. Photo: AFP

Baghdad (IraqiNews.com) – The Turkish Ambassador to Iraq, Ali Reza Gunay, expressed on Monday his country’s readiness to resume oil exports from Iraqi Kurdistan.

Gunay’s remarks took place during his meeting with the Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, according to a statement issued by the KRG.

Barzani and Gunay discussed the most recent events in Iraq and the region, strategies to enhance bilateral ties and trade exchange, as well as measures to make it easier for tourists to travel between the two countries.

The meeting focused on the resumption of oil exports from the Kurdistan region of Iraq, where the two sides emphasized the importance of resuming oil exports through the Turkish port of Ceyhan as soon as possible.

[highlander7] 28/11/2023 06:34

"Nothing to stop them doing what the UK government did and impose a massive tax though as a backdoor nationalisation? What's Iraq's OPEC quota and their current production as no point having massive investment if it's just going to crash the oil price with over production?"

Of course they could , but they have just admitted that they want more industry investment in Iraq so its hardly a confidence inspiring measure is it ? The ICG isnt the only place INOC's are looking at , its a competitive situation.

As for over production of OIL ? well yes maybe, in the short term, but remember the EU has had its fingers burned with Russia and is looking for new suppliers.

Gas is a different story altogether.

[mickinvest] 28/11/2023 06:23

Here's a festive thought. Why doesn't the ICG simply buy over the tiddly little IOCs that are causing them such grief?

Because it would effectively destroy potential investor confidence in Iraq . Not to mention the probability of being sued for compensation. Thats why

Nothing to stop them doing what the UK government did and impose a massive tax though as a backdoor nationalisation? What's Iraq's OPEC quota and their current production as no point having massive investment if it's just going to crash the oil price with over production?

[hydrocarbon1] 28/11/2023 05:57

Turkey have been ready for ages!! Repetitive drivel.
There is one large group holding things up driven by Iran, China and Russian influence.
Also closure of pipeline after 12 year old lawsuit pushed also due to external influences.
What Iraq would like is Western Cos out and the aforementioned in Kurdistan.
.

[shortsqueezer] 28/11/2023 05:45

https://www.iraqinews.com/iraq/turkey-expresses-its-readiness-to-resume-oil-exports-from-iraqi-kurdistan/

[highlander7] 28/11/2023 05:07

Here's a festive thought. Why doesn't the ICG simply buy over the tiddly little IOCs that are causing them such grief?

Because it would effectively destroy potential investor confidence in Iraq . Not to mention the probability of being sued for compensation. Thats why

In any case I doubt any of them have the skill set to run the Industry.

[highlander7] 28/11/2023 05:03

They wont shut them down together Ozz. PF-1 for 2-3 weeks then ditto PF-2. Assuming no major issues. I imagine this years maintenance has already been done.

[ptmorris1] 27/11/2023 23:32

Perhaps members of the ICG (and KRG) are shareholders and happy to receive their own deserts...

[andy scrimgeour] 27/11/2023 23:22

Here's a festive thought. Why doesn't the ICG simply buy over the tiddly little IOCs that are causing them such grief?

500 mill and some chump change for gkp and Genel, save half of that on the mythical back payments that will be quietly written off,the boot miles caggins or whatever he's called out on his sorry ass?

Just a mull. Don't tell me - no government has ever nationalized a private company. Lol!