Gulf Keystone Petroleum Share Discussion Threads

[mcfly02] 11/2/2019 17:23

To the clowns on LSE including Bob posting under his mates avatar.

It is not the first time that the MNR have given access to Gulfs data but of course you wouldn't know that would you.

It's not the first time an outside company has done its own report on SH but again you don't know that do you.

There are two other reports out there that I have seen but I don't think you would like them because they weren't done by the Chinese 😱

Sometime back I made references to PRETTY and tights as in women's tights.

Do you remember a company called Pretty Polly???

Try looking at a Chinese company along the lines of the Poly Group because they looked at us a longtime ago and walked away.

Don't tell Bob 🤡

[gkp_banggone] 11/2/2019 15:33

XxxxxxxðŸ¤-🌋RNS - SOLD BY SCHEME OF ARRANGEMENT By 8:00am Tuesday 19th FebruaryðŸ'‹ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊. ðŸ'–AND YOU ARE VERY WELCOME ðŸ'–ðŸ'ŸðŸ–¤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.🎈

[bigdog5] 11/2/2019 13:16

I note that the desperate nestofBS is yet again trying to con investors with his reality as opposed to the facts by posting up a fake reverend's "he said she said" garbage from years ago. You would think the rampers would have realised by now that with production under 30k a day none of the numbers, slides, quotes and estimates from years ago have any credibility.

Spot on again Broadford.

[gkp_banggone] 11/2/2019 12:23

XxXðŸ¤-🌋RNS - SOLD BY SCHEME OF ARRANGEMENT By 8:00am Tuesday 19th FebruaryðŸ'‹ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊. ðŸ'–AND YOU ARE VERY WELCOME ðŸ'–ðŸ'ŸðŸ–¤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.🎈

[broadford bay] 11/2/2019 12:22

I see the "Mr Ferrier said we're fully funded" crowd are at it again.

he really should have qualified his statement about being fully funded for the major step-up to 100Mbopd.

Being self-financing depends completely on the oil price remaining relatively stable, being higher than the upper 50s, and on output quickly being brought up to (or exceeding) previous levels.

Dec-18 and Jan-19 net payments will illustrate what I mean.

CEOs of GKP have always excelled at leaving out such trifling details...

[gkp_banggone] 11/2/2019 12:10

Volumes here AND at genelFallen off cliff Not coincidence

[gkp_banggone] 11/2/2019 12:09

XðŸ¤-🌋RNS - SOLD BY SCHEME OF ARRANGEMENT By 8:00am Tuesday 19th FebruaryðŸ'‹ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊. ðŸ'–AND YOU ARE VERY WELCOME ðŸ'–ðŸ'ŸðŸ–¤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.🎈

[officerdigby] 11/2/2019 12:08

What if they RNS date of results will stop posting for few days whilst formulating new ramp?

[nestoframpers] 11/2/2019 09:36

8 DAYS UNTIL GKPs TAKE OVER (IT IS SAID)

[gkp_banggone] 11/2/2019 09:31

RNS - SOLD BY SCHEME OF ARRANGEMENT By 8:00am Tuesday 19th FebruaryðŸ'‹ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊. ðŸ'–AND YOU ARE VERY WELCOME ðŸ'–ðŸ'ŸðŸ–¤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) to UIWorking 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.🎈 bcx

[gkp_banggone] 10/2/2019 17:43

Gulf have bought in via proxy at least 80mMeaning on takeoverShares in issue around 150mSo each $bn paid = £5 per shareSo at 5 BN £2510 BN £50