Gulf Keystone Petroleum Share Discussion Threads

[habshan] 16/2/2019 09:48

From surreyscot.

Re Bigdog.

"Ah yes BD5 , the gullible retired back office payroll administrator , with a lifetime of sat on his a*rse drinking coffee and believing BS.

Ramped it all the way down ( His £15.00 Exxon offer was a classic ) now deramping it all the way up.

At one time he reckoned $63 a share ( ~ £4800 today ) LOL

Dear oh dear."

[nestoframpers] 15/2/2019 22:47

3 DAYS UNTIL TAKE OVER AND SHOCK AND AWE ( Or maybe not just yet?)

[0ili0] 15/2/2019 21:41

Cheers nestoframpers.

[gkp_banggone] 15/2/2019 19:52

Sorry month after :)

[gkp_banggone] 15/2/2019 19:38

20th this yearDay after takeover ish

[nestoframpers] 15/2/2019 19:34

The celebration coincides with the March equinox which usually falls on 21 March[9] and is usually held between 18 and 24 March.

[0ili0] 15/2/2019 19:01

What time is nawroz this year?

[roverite12] 15/2/2019 17:32

So there we have it

If the doggie is an honest pooch ....then Shaikan undoubtedly has 100b oip and GKP is worth c $20b .

I'll take that !

....and so will the Chinese

[roverite12] 15/2/2019 17:28

So let's call it $20 billion - that's north of $19 billion


Now what was the fraudster Oilyman saying about Trevanian and all the so called bogus valuations ?

Any comment , Oily ? What about your fellow troll , Broadfraud Bay ?

Here's a few more of the Dog5hite insightful comments





"Huge fan of GRH's posts but what can we do?

We know that Shaikan is massive and getting larger."






" Shaikan, SA and BB are all one sea of oil."






Mr R/1waving. I'm not discounting the possibility of the massive numbers for one nano. bobobob has posted the volumetrics several times and 50b at Shaikan and even BBBS's 100b is possible.

However, I think its a case of would GKP be able to prove these numbers in order for purchasers to be convinced that they have a reasonable chance of getting the massive amount of barrels out of the ground?

If they can then we move into Chicago Jack's ballpark of SP's at £20ps+. At that point I would be very surprised if there wasn't JV's set up to take us out. And lets face it, there's enough of em we could share it out to."








"Shaikan, 18b barrels = 2916b reserves therefore a value of £9.4b"









"Shaikan is massive, possibly 18b-26b barrels OIP. The 18b figure was recently mentioned by one of the BoD's. TK has suggested we could have 26b.

Value we're not sure but think north of $5 a barrel. Recovery around 30%.

Company maker"

[roverite12] 15/2/2019 17:23

Bigdog5
15 Feb '19 - 14:36 - 579801 of 579825

That's how you're viewed nestof. Anyway, post up the really amusing picture of the bogus 9 billion of reserves, it's a cracker.




-------------


Here's another cracker , Dog5hite

Do you remember writing this not too long ago

I'd settle for the 5 BILLION RESERVES you claim is in Shaikan that is worth $19 BILLION plus ....





"nicebut, i'd go along with CJ and hopefully the $19b has been turned down as well. Reserves of 5b at $5 a barrel is north of £17. Then there's the gas"

[gkp_banggone] 15/2/2019 16:37

SALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.zzz

[gkp_banggone] 15/2/2019 16:37

XzxzzzzxZzzzzzzzzzzzzzzSALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.

[gkp_banggone] 15/2/2019 16:37

XxxxxxZzzSALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.

[bigdog5] 15/2/2019 16:35

mcfly, yes, on a daily rate that would soon get expensive.


Poor old 1712out, he's been on a Chinese diet for years. Perhaps he should switch to one of Humble Pie:-)

[pensioner2] 15/2/2019 16:32

I'd remove that if I was you, NOR. If it causes someone to have a seizure it might give you big consequences.

[gkp_banggone] 15/2/2019 16:26

XxxxxxxxxxxSALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.

[gkp_banggone] 15/2/2019 16:25

SALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.xxxxczzz

[gkp_banggone] 15/2/2019 16:25

Xxxxxxxxxxx xxxccccSALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.

[mcfly02] 15/2/2019 16:24

Defeating the object !

Bill your last Gif has now earned you a place in the bin.

Having something flashing on the screen will get you filtered by most people and you just end up like Sad Paul just one line and the post number.