Gulf Keystone Petroleum Share Discussion Threads

[gkp_banggone] 04/2/2019 16:23

ðŸ'ŒðŸ'‹You are welcome ðŸ'ŒðŸ˜ŠðŸ'œðŸŽˆðŸŽˆðŸ'œðŸ'šðŸ–¤ðŸ'›ðŸ'šðŸ'™ðŸ–¤ðŸ'›ðŸ'œðŸ'šðŸ'šâ?¤ï¸?🖤🖤The more their proxy has bought in the higher holders profits at t/o:ðŸ'–ðŸ'–No FY report will be required if they DELIST ist by 30/4 - if not they HAVE to report.Listing REGS require that.Sale by Scheme of arrangement takes at least two months to delist them.So it's very nearly all over,SALE RNS IMMINENT :ðŸ'ŸðŸ'ŸPeel Hunt issued a recent note on the company.#Valuation and recommendation. Following the above tweaks to the production profile and capex, we revise our core NAV to 392p from 387p. We continue to conservatively include no value in our target price for the 239MMbbl gross 2C in Shaikan, worth 34-136p/sh risked-unrisked.Gulf Keystone Petroleum continues to stand out as one of our top sector picks and we reiterate Buy.#They are being super CONSERVATIVE 🌋ðŸ'‹!They use 58% WI when we now know it remains 80%.So their core valuation must be revised by this, 38% higher.The do not place any value on 2C, actually 330m at 80% WI, and even at a very modest $ 2.3 boe this adds further £2 plus.They are only using $3.4 boe for 2P when MOL report $8 and Shamaran higher.So low base-case in my assessment is 470m 2p, 330m 2C (which would in my be treated as effectively 2P when new FDP approved)Working on 800m 2P without adding any value for the MOL recently reported upside and using a stil very modest $10 boe provides $ 8bn asset resource value.This is still very modest in that a land based resource of this size would be strongly fought over by IOC.With 229 million shares, using dollar exchange of 1.29, £ 27 per share would be the minimum I would expect the company’s major owners to accept.It would not be a surprise to me if this number doubled.🎈 xxx

[nestoframpers] 04/2/2019 16:07

Time for you losers is up.

[gkp_banggone] 04/2/2019 14:38

£40-70 imo

[gkp_banggone] 04/2/2019 14:38

Likely takeover price ?

[bigdog5] 04/2/2019 14:25

I see Broadford is easily showing up highlander7 as a fraud over the way. Something I did for many years here. I see the rampers are getting panicky about the reliability of ESP's. You see that's the problem, they may work, they may not.

However, on the basis that there are several pumps to be installed on the licence that rather suggests the whole field is losing pressure and that ain't good. If as we suspect the wells were "choked back" (huge production decline) does that mean the fractures can't keep pace. So what's the point of a pump. Perhaps the people that wiped out shareholders will explain at the upcoming hype fest. Btw, why are they still employed when they've done such a poor job.

[beernut] 04/2/2019 14:06

Iraq wants to expand oil, gas cooperation with Russia, PM tells Putin envoy
Kurdistan 24 Kurdistan 24 | 3 كات;ژم®2;ر لەم;ەو¦2;ێش
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Iraq wants to expand oil, gas cooperation with Russia, PM tells Putin envoy
An Iraqi national flag flies as excess gas is being burnt off near the Zubair oil refinery, southwest of Basra in southern Iraq. (Photo: AFP/Getty Images/Haidar Mohammed Ali)
Iraq Russia Oil and Gas Oil A+AA-
ERBIL (Kurdistan 24) – Iraqi Prime Minister Adil Abdul-Mahdi on Monday said that Baghdad wants to expand cooperation in areas of oil and energy with Russia during a meeting with the country’s Middle East envoy.

Abdul-Mahdi made the remarks during a meeting with Russian Deputy Foreign Minister, Mikhail Bogdanov, who is also President Vladimir Putin’s Special Representative for the Middle East and Africa.

Bogdanov arrived in Baghdad on Sunday evening. It is not clear whether he will be visiting the Kurdistan Region.



Iraq is keen on expanding economic ties and developing investments and cooperation in the oil and gas fields, Abdul-Mahdi stressed during his meeting with the Russian diplomat, according to a statement from the premier’s office.

The statement added that Abdul-Mahdi “praised”; Russia’s “balanced̶1; presence that lends itself to improving the “security and stability of the region.”

Moscow and Baghdad continue to strengthen bilateral ties, namely in the energy sector, in which the two nations have multiple joint projects. Russian-state owned and private energy firms alike, such as Gazprom, Rosneft, and Lukoil, are heavily engaged with Baghdad to invest in the country.

Such companies are also cooperating with the autonomous Kurdistan Region in northern Iraq, namely Rosneft.

Gazprom, Russia’s third-largest oil producer, first began operating in Iraq in 2010, in the southern province of Wasit. In the summer of 2012, the company entered into two other projects, this time in the autonomous region in the north.

Editing by Nadia Riva

[lifeson] 04/2/2019 13:12

You are correct Mr BANGGONE and it's a first since we started trading on the Main Market on the 25th March 2014. The date of publication of the FY results has always been contained within the first operations / corporate RNS of each new year since Main Market listing. The first 2019 ops/corp RNS was on the 16th January and contained no such FY results publication date.

The RNS dates were as follows:-

22nd January 2015 RNS for 9th April 2015 publication (2014 FY results).
11th January 2016 RNS for 17th March 2016 publication (2015 FY results).
1st February 2017 RNS for 6th April 2017 publication (2016 FY results).
22nd January 2018 RNS for 11th April 2018 publication (2017 FY results).

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GKP_BANGGONE 4 Feb '19 - 12:20 - 579073 of 579077 0  3  0

Nope they haven't announced fy 2018 results date yet....
;)

[bigdog5] 04/2/2019 12:56

This poster really knows his stuff innit. Now, isn't that exactly what has occurred. You're welcome:-)


Bigdog5
15 Jul '16 - 16:46 - 503687 of 579076 Edit
0   7  0

"Posters should calculate the value of our only asset based on now and after the restructure. Shareholder value, not even a salvage. Its just going to be a job provider and a trough for the BoD. Development of shaikan will be very slow but JF will get his boring little oil company and the MNR will be very pleased".

[bigdog5] 04/2/2019 12:49

I see that 1712out has served up more BS via new nicknames for me to dispatch straight to Room 101.

[gkp_banggone] 04/2/2019 12:20

Nope they haven't announced fy 2018 results date yet....;)

[officerdigby] 04/2/2019 12:13

Can we please have GKP_ANNOUNCING_TAKEOVER_IN_HOURS please

[gkp_banggone] 04/2/2019 11:56

47000 just bought at 212

[gkp_banggone] 04/2/2019 11:47

Extremely low volumeUnsurprisinglyYou'd be nuts to sell a single share Bang Gone

[mcfly02] 04/2/2019 11:44

I note that Surreyscot is talking to himself aka Highlander on LSE.

Just take a look at HabscamScots twitter account and his picture of Highlander.

Their argument is weak hence the need for fake avatars.