Gulf Keystone Petroleum Share Discussion Threads

[dgunn222] 03/2/2017 07:51

Looks like BBC have stopped broadcasting trump vote, now there is a petition to vote for trump coming to uk as well.

[hearts1] 03/2/2017 06:29

What like that illiquid dog SEE?

[rjcdc] 02/2/2017 23:29

This board, and company, needs shutting, sorry, putting down.

[kandymans1] 02/2/2017 21:56

TerryThis board reminds me daily im a stupid useless gullible broke fool K

[olieslim] 02/2/2017 21:26

P.S. funny. the turks requested it. from iraq.

Ofcourse it is a possibility they needed the extra capacity that would be freed up by the flow being halted from Iraq.

Just saying

[olieslim] 02/2/2017 21:10

lardner23, maybe this can explain it to an extent:

14:43 18/01/2017 Kirkuk oil for Turkish Cyhan stopped.
WEDNESDAY, JANUARY 18, 2017 Kirkuk oil for Turkish Cyhan terminal stopped 5:15 PM ADMIN Kirkuk/ Iraq TradeLink: Kirkuk provincial authorities announced that part of Kirkuk's exported oil was stopped due to the Turkish request for "technical error". Chairman of the provincial oil and energy commission Ahmed al-Askari added that 105.000 b/d were stopped since 17 January, 2017 upon the Turkish request. He expected the same will be done with the Kurdish oil exports, because both exports are done through the Kurdish oil pipeline. Al-Askari added that the production of oil in Kirkuk is "continuing". It was reported that the Kurdish government exports 600-650 thousand b/d, including the oil produced in Kirkuk oilfields. Posted in: Economy,Kirkuk,Ministries,Oil Ministry


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lardner231 Feb '17 - 16:36 - 533304 of 533417 1 0
Thanks, ss.

It's not easy to tell from the graph, but it looks to be around 30k bbls per day on average, maybe higher. The pipeline problems didn't happen until mid-Feb, so no major disruption in January, as far as I know.

So how come the payment for production for January 2016 was only $5.8m gross?

hearts11 Feb '17 - 17:48 - 533315 of 533417 5 0
The $5.8m was gross - the 40% infrastructure tax on profit oil has to be taken into account.
Of course Brent was at a low Jan 16 and the Kurd discount was high. Reality was they were producing oil for turnover, it wasn't commercial at those prices.

lardner231 Feb '17 - 18:39 - 533317 of 533417 4 0
Agreed, hearts. I think the Brent average for Jan 16 was over $30, though, so some heavy discounting going on. I know these payment updates aren't mandatory, but GKP are probably the most opaque of the IOCs if you're trying to reconcile production to revenue.

[olieslim] 02/2/2017 20:49

Wow. Thank you, Terry Hardacre. GL

~fixed~

[nestoframpers] 02/2/2017 17:40

£5 bill minimum JB

[nestoframpers] 02/2/2017 17:38

I think this is the best speech I've heard .

[misha_hitstinks] 02/2/2017 17:15

GKPhero,

Give us, Roger Forbuoys.

[fake taxi] 02/2/2017 17:10

That one always make me laugh Terry


Terry Hardacre2 Feb '17 - 16:27 - 533390 of 533409 3 1

[fake taxi] 02/2/2017 17:01

I got to say this board provides me with great fun everyday as I beaver away in my man cave, its a hard life:-). Here`s an old one but still very very relevant.


Fake Taxi - 26 Aug 2016 - 15:40:40 - 512726 of 533409 THE NEW GKP / Drilling for Super Giants (moderated) - GKP

[misha_hitstinks] 02/2/2017 16:53

or,

Al B. Nostallion.

[misha_hitstinks] 02/2/2017 16:45

or,

Lipi Zzaner.

[misha_hitstinks] 02/2/2017 16:43

GKPhero,

Give us, Peggy Suss.

[gkphero] 02/2/2017 16:40

Quite a few pictures of a white horse in the fog are being posted it seems.

Interesting. What do they mean?

[gkphero] 02/2/2017 16:38

Shikan is worth £5 billion.

[fake taxi] 02/2/2017 16:37

Oh yeh there`s a scroll bar, I dont know how to resize.