Gulf Keystone Petroleum Share Discussion Threads

[habshan] 07/2/2019 09:19

"Broadford I understand is actually in the oil industry so there's a reasonable chance he knows his stuff"

Bigdog.

BroadfordBay does indeed work in the oil industry, as do other people on these boards including surreyscott and myself.

If we were in a meeting with other specialists and industry professionals and clarity was required regarding the subject of ESPs and "their issues" then YOU might be happy with the assessment of the refinery maintenance person:-

"He's been very clear on the "issues" that relate to the ESP's."

But the rest of us wouldn't.

He wouldn't even be asked.

And certainly not on the basis of there being "a reasonable chance that he knows his stuff."

There's an army of experts on the ground at Shaikan who know what they're doing and what they're talking about looking after the investment programme Bigdog.

Leave it to them.

[officerdigby] 07/2/2019 09:06

Pauls gone full blown stage 4.

[gkp_banggone] 07/2/2019 09:02

🕰ï¸?SALE BY SCHEME OF ARRANGEMENT AT HUGE PREMIUM ANNOUNCED NO LATER FEB 19 ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–🖤🖤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œThe more their proxy Citigroup /Pareto have bought in the higher holders profits at t/o:ðŸ'–ðŸ'–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.🎈 xxxxxx

[gkp_banggone] 07/2/2019 08:22

X🕰ï¸?SALE BY SCHEME OF ARRANGEMENT AT HUGE PREMIUM ANNOUNCED NO LATER FEB 19 ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–🖤🖤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œThe more their proxy Citigroup /Pareto have bought in the higher holders profits at t/o:ðŸ'–ðŸ'–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.🎈 xxxxxx

[gkp_banggone] 07/2/2019 08:11

🕰ï¸?SALE BY SCHEME OF ARRANGEMENT AT HUGE PREMIUM ANNOUNCED NO LATER FEB 19 ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–🖤🖤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œThe more their proxy Citigroup /Pareto have bought in the higher holders profits at t/o:ðŸ'–ðŸ'–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.🎈 xxxxxx

[beernut] 07/2/2019 07:59

Erbil, Baghdad Seeking Coordinations in Disputed Areas

BasNews 07/02/2019 - 00:36 Published in Kurdistan
Erbil, Baghdad Seeking Coordinations in Disputed Areas

Tagged under en
ERBIL - Kurdish and Iraqi military officials have stressed the need to cooperate in the efforts between the sides to fight terrorism across the country, an Iraqi official said on Wednesday.

Iraqi Army Chief of Staff Othman Ghanmi told Kurdistan 24 that both sides believe the disputed areas need to be ruled by joint forces, including the Iraqi army and Peshmerga forces. He, however, rejected the reports claiming that Erbil and Baghdad has reached an agreement based on which the Peshmerga forces will return to the disputed territories.

Earlier on Monday, high-level delegates from the Kurdistan Region Peshmerga Ministry and Iraqi Ministry of Defense met in Erbil to discuss the subject.

They also have created several joint committees to ease the process of security and military coordination between Erbil and Baghdad.

[338] 07/2/2019 07:54

There is a good opportunity to make 10-bagger in tech stock... I think Tide is reaching good economies of scale soon can announce dividend... Please do your own research

[bigdog5] 06/2/2019 23:21

You answer your own question highlander. You delusional people have succeeded in getting everything wrong from Finance to Operational problems to Politics to understanding who wields all control and why for 10 years. You all miss the clues and really are clueless as regards what actually goes on anywhere. Yours and others desperation shines through.

Broadford I understand is actually in the oil industry so there's a reasonable chance he knows his stuff as opposed to others that have posted here professing to know what they're talking about, the fabled Gurus for instance. Also, is it an absolute must to be in the Oil Industry to be able to post a view? Ever heard of the phrase, its not what you know but who you know? You see one can learn rather a lot in a short time by actually communicating with those that know what's occuring. City jungle drums:-)

Officer Digby. You make a point that I discussed with others way back. There's not just one answer. However cost will play a part, plus some "debottlenecking" may be successful. If not then many new wells is surely the next option.

[habshan] 06/2/2019 22:11

"He's been very clear on the "issues" that relate to the ESP's."

Bigdog.

BroadfordBay has already told us if I remember correctly, that his field is refinery maintenance, that he was involved in the installation of ONE ESP in Libya and that he is otherwise self taught, ie. reading material, google etc.

He is no more qualified than most here to "clarify" issues surrounding the use and operation of ESPs.

IF there were any "issues" on the ground concerning the ESPs, then there is an army of experts to sort it out.

They don't need anybody here to "clarify" anything for them.

You might rely on BroadfordBay for clarity Bigdog but the rest of us don't.

We're happy to leave any issues to the experts.