Gulf Keystone Petroleum Share Discussion Threads

[0ili0] 24/5/2025 20:24:47

Get the 19 Crimes wine box open 🍷📦

[beernut1] 24/5/2025 20:05:14

Then of course the mega question .......how will this affect GKP?

Answers on a postcard ....



Deals beginning at the bottom of the chain, we’ll be last or if sooner most expensive.
Gla

[nestoframpers] 24/5/2025 19:07:47

I cant wait , beginning to smell the corp action .

[johnbuysghost] 24/5/2025 16:07:23

Lol highlander....'mulled offers' incoming.

[highlander7] 24/5/2025 15:35:18

Then of course the mega question .......how will this affect GKP?

Answers on a postcard ....

LOL

[highlander7] 24/5/2025 11:56:35

Kurdistan 24 English@K24English

Kurdistan Has a Lot of Support from the Trump Administration,' Campos Tells Kurdistan24

"Kurdistan can and should play a key role," he said. "The export of oil is critical for Kurdistan... and the gas availability could play a significant role for Europe."

🔗: hxxps://kurdistan24.net/en/story/842083

[0ili0] 24/5/2025 09:43:18

You might wake CJ with that 😆😆😆

[beernut1] 24/5/2025 09:33:52

Old article but could see this again soon



Exxon woos GKP to gain Kurdish base

Mark Leftly
Sunday 18 December 2011 01:00 GMT
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US oil supermajor Exxon Mobil is understood to have sounded out London-listed Gulf Keystone Petroleum (GKP) over a possible deal that could value the Kurdistan-focused group at around £7bn.

GKP has a market capitalisation of around £1.5bn and is listed on the junior Aim market, but its chief executive, Todd Kozel, believes the group could eventually go for double-figure billions. GKP is sitting on what is considered to be one of the world's great recent oil finds – Shaikan, about 50 miles north-west of Kurdistan's capital, Erbil – but the regional government is known to want a supermajor on board to properly fund and develop the field.


It is thought that the board would not accept the estimated £8-a-share that Exxon is considering and that a number of other companies, perhaps including China's Sinopec and Californian giant Chevron, are monitoring the situation. There is even some speculation that an informal four-way auction for GKP might be under way, while it is also believed that the company has spoken to at least two smaller businesses about potentially developing its assets in a joint venture.

Last month, it emerged that Exxon was the first of the oil industry's giants to enter Kurdistan, taking six licences. However, this has angered the government in Baghdad because there are old territorial disputes between Iraq and Kurdistan.


Baghdad had threatened to terminate Exxon's existing deal in southern Iraq and it had been reported that the US giant might reconsider its licences in Kurdistan. However, the lucrative potential of the Kurdistan fields means that analysts expect Exxon will pursue opportunities in the semi-autonomous region and may already have taken additional positions to those licences previously revealed.

There are suggestions that Exxon's interest in GKP was discussed at a board meeting 10 days ago and that initial soundings may have been taken at least six weeks ago. Last month, much of the oil world descended on Erbil for a conference that highlighted the extraordinary oil opportunities in Kurdistan, with Mr Kozel one of the key speakers.

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It is believed that Mr Kozel would be happy to sell up soon and has even started mulling over his next venture. The American businessman is one of the most colourful figures in the City and has a base of devoted retail investors who are waiting for a takeover of GKP to make them rich.

GKP declined to comment. Exxon did not return calls.

[beernut1] 24/5/2025 09:07:27

'The Timing Cannot Be Any Better,' Qanbar Backs U.S. Investment in Kurdistan
He affirmed that the projects will endure for generations and attract more American companies: "It’s a win-win situation... Iraq also will benefit. The region will benefit."

11 minutes ago

Kurdistan
Entifadh Qanbar
PM Masrour Barzani
Washington Visit
US-KRG Relations
Energy deals
By Kamaran Aziz
ERBIL (Kurdistan24) – Entifadh Qanbar, President of the Kurdish Protection Action Committee, described Prime Minister Masrour Barzani’s recent U.S. visit and the signing of two multibillion-dollar gas contracts as a "strategic, very important historical" development, with long-term consequences for both Kurdistan and the United States.
Speaking to Kurdistan24 on Friday, Qanbar underscored the monumental scale of the agreements: "The signing of two, gigantic, gas contracts, valued hundred and $10,000,000,000 is a huge step, and the timing cannot be any better."
He linked the initiative directly to President Donald Trump’s broader Middle East investment policy. "As we saw [in] President Trump's trip to Qatar, United Arab Emirates, and Saudi Arabia, he brought $3,000,000,000,000 of investment, and this step is very much welcomed," Qanbar stated. He emphasized that Dr. Massad Boulos, Trump’s special adviser on the Middle East and Africa, expressed strong support for the Kurdistan deal, calling it a welcome

[adamrugen1066] 24/5/2025 08:57:57

The pressure is on for Baghdad to cut a fair deal with Kurdistan so that their systems remain linked. The consequences of not doing so will mean be that the Kurds go their own way under the aegis of the US, encouraging other regions to attempt something similar.

Baghdad will lose Iraq if it maintains its current course.

[habshan] 24/5/2025 07:55:58

Over the last week we've seen a lot of statements like these.

"US Energy Secretary Chris Wright said on Thursday that there is plenty of opportunity for the US and Iraqi Kurdistan to co-operate on oil and gas development."

"Barzani to meet US Secretary of State Marco Rubio on Friday as US encourages more oil and gas development."

"Regarding Kurdistan, we see this opportunity for Kurdistan to leap forward with its energy production."

"...has hailed Kurdistan's growing importance in U.S. foreign policy and regional energy security, asserting that the Kurdistan Region is uniquely positioned to benefit from strategic American investment."

But what I find interesting is that among all the smiles and handshakes and pats on the back, and talk about this being a pivotal moment for the Kurdish oil and gas sector and "leaping forward with energy production" etc etc there has been very little mention of something without which none of that will be possible.

The pipeline.

How can any of that be possible without the pipeline.

They just don't seem to be very concerned about it.

Maybe because they aren't.

[petebreeze37] 24/5/2025 07:19:24

Welcome to the Bagdad province of iraqistani

[highlander7] 24/5/2025 05:05:24

"Basra and Anbar provinces are demanding self-governance under the framework of Iraq's federal constitution, citing the Kurdistan Region as a successful model of regional administration."

That should keep them pre occupied for a while. Lets see how they deal with it.
It always was their biggest fear.

[habshan] 23/5/2025 22:19:41

'Kurdistan Plays a Huge Role in Energy Security,' McRae Tells Kurdistan24

"We are seeing a decrease in international military deployments... replaced by strategic investments in energy security around the world with American partners," she noted. "Kurdistan fits into that... as part of larger plans of the Trump administration."

ERBIL (Kurdistan24) – Isabelle McRae, a consultant from the Cambridge Centre for Geopolitics, has hailed Kurdistan's growing importance in U.S. foreign policy and regional energy security, asserting that the Kurdistan Region is uniquely positioned to benefit from strategic American investment and shifting geopolitical dynamics in the Middle East.

[nestoframpers] 23/5/2025 21:59:02

383 here here , thanks very much Habshan . I might know where the golds buried but its good to have a poster who is as knowledgeable as you are pointing the way.

Happy bank hols all , even the trolls .

[mikezen] 23/5/2025 21:50:55

The country's maybe. But not their personal ones

[habshan] 23/5/2025 21:06:43

'The U.S. Will Forge a Path Forward with Kurdistan,' Wallace Tells Kurdistan24

Naming U.S. leaders such as President Donald Trump and Senator Marco Rubio as champions of Kurdistan, Wallace said: "We have always seen Kurdistan as our... most important aspect... Kurdistan has stood with the United States, regardless of the administration."'The U.S. Will Forge a Path Forward with Kurdistan,' Wallace Tells Kurdistan24

"Regarding Kurdistan, we see this opportunity for Kurdistan to leap forward with its energy production."

He went on to sharply criticize Baghdad's reaction to Kurdistan's growing strength. "The reaction by Baghdad is unrealistic, and it's detrimental... it's cutting off your nose to spite your face," he said. He blamed "nefarious forces" that he believes are pressuring Baghdad's leadership.

[johnbuysghost] 23/5/2025 20:55:27

Thanks for all your informative posts Habshan. Much appreciated by all the die hards on here.



Edit......Don't let those pair of c4nts drag you down.

[habshan] 23/5/2025 20:20:56

"We had an excellent meeting."

"He also invited the US Secretary of State to visit the Kurdistan Region."



Hopefully he'll go to the opening of the new Consulate.

[habshan] 23/5/2025 20:14:26

"The Ministry was also interested in seeing just how much interest there was was in the Kurdish area fields. As it turned out, not much."

I imagine they were, they'd want to see how much damage they'd managed to inflict on the Kurdish energy sector with their ridiculous and illegal policies of blacklisting companies that were working there and declaring Kurdish PSCs null and void.

And those policies have now unravelled and the Federal Government has got egg all over it's face.

Shamaran made Total a low ball offer and they had no option but to accept because the political situation engineered by Baghdad meant that no oil company was prepared to take on Total's share of Sarsang except a company that was already working there with a fantastic asset and wasn't prepared to give it up and had no interest in working in the south.

Shamaran got Sarsang for a song and are now doing very well out of it. So well done Shamaran, they played a blinder.

And now the MoO's aspirations of controlling the Kurdish energy sector are in tatters, the PSCs have been ruled valid legal and constitutional by the Iraqi courts, the ITP agreement allowing the MoO to prevent Kurdish exports is about to expire and the American government has thrown their weight behind the Kurds big time.

Federal Iraq is the loser in all this, they've shot their own foot off.

Instead of aligning themselves with the forces of development goodwill and prosperity they've aligned themselves with the dead hand of Iran.

The other provinces such as Basra and Anbar who have the same constitutional rights over their natural resources as the Kurds are watching all this and later this year there is a General Election, it'll be very interesting to see how it plays out.

3 weeks ago:-

"Basra and Anbar provinces are demanding self-governance under the framework of Iraq's federal constitution, citing the Kurdistan Region as a successful model of regional administration."

[pittcock] 23/5/2025 20:11:58

Couple of sad b@stards B & B.Have they really nothing better to do on a Friday night. Lol.

[johnbuysghost] 23/5/2025 20:00:04

Agree nest. They are the elephant men of GKP.