Gulf Keystone Petroleum Share Discussion Threads

[gkp_banggone] 16/2/2019 14:03

Zzzzzzzzzzzzzzzxxzzzz

[gkp_banggone] 16/2/2019 14:02

M:)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.xxzzxxxxxxxxxzzzx

[gkp_banggone] 16/2/2019 14:02

:)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.x

[bigdog5] 16/2/2019 14:01

"turn GKP into a major producer"

LOFL, LOFL, LOFL.

"If you have something that you want to tell us then get on with it".

Why would they bother, you don't believe a word they say even though they get it correct.

"If you decide to do so then I expect you to do what an adult such as Oil-Investor or Trevanian would do and provide your own analysis".

LOFL.

[gkp_banggone] 16/2/2019 14:00

:)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.xxzzxxxxxxxxxzzzx

[mcfly02] 16/2/2019 13:58

HabscamScot,

You've just done the same again and dodged the questions by launching into it one of your agenda ridden attacks.

I put up questions for you to ask the CEO when you had chance recently in London but you didn't did you. Your more interested in trying to turn the Chinese fantasy into reality which the CEO just brushed questions about that away as rubbish.

Now most of the questions above you could of asked and if wrong then you could of come back here and blasted me. But you didn't!

So I'll ask a third time can you give your opinion on the problems at SH1 ???

[bigdog5] 16/2/2019 13:54

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.


Complete bull S but it makes the moron feel better about his pointless job. Highlander has made an art out of being gullible. Health and safety lackey that went around checking fire extinguishers and now cons people into thinking he's "in the Industry". Makes up as much BS as 1712 does, checkout the other bb's for the proof where his opinions are continually rubbished. Is he referring to the BS he believed coming from fake reverends and gurus?

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

That's pretty rich coming from the moron that was always banging on about looking forward to receiving Xom dividends. He reckons Kozel is a legend for what he achieved. Used to switch between Xom, Chevron and Total for £20ps take outs with additional dividends. He's another that doesn't have a clue on finance and the City. Used to brag about how many barrels the company would be pumping under Kozel and that no one would ever be able to remove him from the company even as I was telling everyone that Kozel was toast. Then what happened, I was correct again. He probably doesn't realise he was wiped out in 2016 as he's that thick.

highlander/surreyscot was going to emigrate with all the riches Kozel was going to hand him, Lofl. He had no reasoning skills, no finance acumen and possessed a very short memory, nowt has changed. That's why he disappeared from this bb out of pure embarrassment at getting everything wrong. Oh dear what a shame.

[gkp_banggone] 16/2/2019 12:58

Xxxxxxzzzz

[gkp_banggone] 16/2/2019 12:54

:)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.xxzzxxxxxxxxx

[habshan] 16/2/2019 12:54

Oilman.

It's been noticed before that you come up with statements like this:-

"If the imbeciles had bothered to read my posts they would of read that the company were looking at other assets OUTSIDE Kurdistan last year."

and:-

"So what do you all think of the latest balls up ???"

You then put up a post starting:-

"Ask yourselves why they went looking at assets outside Kurdistan ???"

and:-

"What do you think of the balls up at SH1 ???
How about the now change in plan ???
Care to comment on the extra costs ???
Or the loss in production ???
How about the pumps ???"

So you've made a statement without providing anything to substantiate it or even explain what's on your mind, and then come on here demanding that we "imbeciles" then put in the legwork to analyse it for you, and substantiate whatever it is that you're trying to tell us because you can't or don't want to do it yourself.

Do you see the problem.

We know that you don't possess the intelligence, understanding or articulation that analysts such as Oil-Investor or Trevanian have but you need to give us more to go on Oilman.

And instead of just asking US all the time, why don't you at least TRY to earn a brownie point by giving it a go yourself.

[gkp_banggone] 16/2/2019 12:31

:)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.xxzzxxx

[gkp_banggone] 16/2/2019 12:26

ZzzzXxxxX😂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 skÃ¥da given häst i munnen.xxzzxxx

[gkp_banggone] 16/2/2019 12:26

Xxxxxxxxxxx

[gkp_banggone] 16/2/2019 12:25

XxxxX😂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 skÃ¥da given häst i munnen.xxzz

[mcfly02] 16/2/2019 12:25

Stockport,

He has 4 Twitter accounts that I know of all blocked he uses them to talk to himself and vote his own posts up 🤡

[gkp_banggone] 16/2/2019 12:21

ZzzzzzzzzzzzzzzX😂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 skÃ¥da given häst i munnen.xxzz

[gkp_banggone] 16/2/2019 12:17

X😂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 skÃ¥da given häst i munnen.xxzz

[mcfly02] 16/2/2019 12:11

So HabscamScot after that very long waffling speech you took the time to write did you actually answer any of my questions ???

The answer to that is NO !

What you actually did was launch into a scathing attack upon myself.

The reality is you haven't got a clue about what's actually happening out there have you.

Now why don't you give us all the benefit of this mass of experience in the oil industry you keep telling us all about and tell us what GKP did wrong at SH1.

No Wikipedia 😉 Because I will be watching.

[gkp_banggone] 16/2/2019 11:24

😂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 skÃ¥da given häst i munnen.xx

[habshan] 16/2/2019 11:20

"How about the pumps ???"

So tell us Oilman.

Which pumps would they be?

And can you tell me where you've seen this:-

"According to the company announcement the workover at SH1 was supposed to take around 10 days."