Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 02/8/2019 14:38

It's the MNR formation johnyboy. The MNR have lost Kirkuk and need to hand Baghdad 250k barrels a day which they haven't got. Baghdad will cut their budget in half if they don't get it.

The MNR owe $billions so its likely they will increase the tax take on the oily's and are leaning on them at the same time to spend money in order to increase production.

This will of course take years to unfold and the company have lost the finance guys.

Another round of dilution on the way?

[welshki] 02/8/2019 14:27

oilman

your response is exactly as i expected.......i mean you could have at least attempted to answer any of my questions and put me straight, but alas, the silence is deafening

[gkphero] 02/8/2019 14:21

It also shows the prancing wildebeast formation.

This spells a takeover.

[gkphero] 02/8/2019 14:00

Chart showing the bitter loser formation.

[mcfly02] 02/8/2019 13:50

HabscamPaul,

All just your opinion and we have plenty of experience over the last ten years to know what that worth.

Scream and scream and scream because nobody is listening 🤷‍a94;️

Life goes on 🤡

🐐🎥®

[bigdog5] 02/8/2019 13:47

mcfly, he was named a dangerous fantasists after all.

Triassic you mention. Well, over the years I've stated many times that the Kozel regime wanted to drill there and then blend it with the very heavy Jurassic.

The fact is heavy oil is going to fall in value according to Opec. Currently Gkp blend with other companies superior oil, something I would imagine angers those with the better oil as it reduces it's value.

So if Gkp were to put a project together to drill the Triassic and then blend with their heavy Jurassic it could be good for the company, the others with the better quality oil and of course the MNR.

This is something I was "suggesting" the other day without mentioning the Triassic. However, as I said then, it would be very risky, very expensive and a huge project for a company that has failed with every other plan. Added to that is it could add additional issues to the ones they already have with the field. Then there's the gas issue which is a massive and expensive project in itself. Then they don't know if the Triassic would flow, has it got its own gas issues, water problems, would the gas injection work?

Do they have the funds to go for it or will they require more. Wasting money on buybacks and dividends?

As I mentioned before it would be a Political driven plan due to Koruptistan desperately needing more oil as Baghdad want their 250k a day and the MNR have problems with that.

But it's real risky, very expensive and will take years and that's without all the problems that will arise because they always do. Plus I wouldn't leave it to the current experts I would get real experts on board that have achieved a project of that size before.

Is that the next ton of hype that's coming down the track in order to fill the trough?

Just a mull:-)

[kiltless highlander] 02/8/2019 11:22

Call the RSPCA to Canary Wharf, someone's dropped the dog!

[mcfly02] 02/8/2019 10:13

Ps I see HabscamScot's post on the LSE this morning was removed very quickly.

[nestoframpers] 02/8/2019 08:20

OT news out on PXS, which has being a dog for a decade , no guarantee that this is a change of fortune yet but share price is very low.

[stockport loser] 01/8/2019 22:16

No issues for Surrey Pinocchio, he sold everything today and will buy back tomorrow. Unless it goes up of course, then he sold none.

[stockport loser] 01/8/2019 19:41

Correct David, oil down 6% and Gkp breaking out....downwards.

[nestoframpers] 01/8/2019 18:14

GKP have now spent just £4.8 mill £20 mill to go yet !

[nestoframpers] 01/8/2019 18:11

Haven't they.

[shortsqueezer] 01/8/2019 17:28

Just market makers doing a good job I guess.

[nestoframpers] 01/8/2019 17:25

Amazing how long it has taken for buying pressure to shift the share price when everyone knows shares are in big demand. Still very early days .

[0ili0] 01/8/2019 15:33

Breakout forming. Hold tight.

[bigdog5] 01/8/2019 14:37

Not that I read their BS but it looks like "choppergibbs" has cancelled all leave of the PPF and got them posting.

[mcfly02] 01/8/2019 14:34

HabscamPaul/Welshki,

I notice you're Indridcold posts are being removed and immediately up pops Dodger 😱

I have to wonder how many people actually post on the blogs and how many are actually you ???

Mr Ten votes in a heart beat 🤡

[bigdog5] 01/8/2019 14:31

Hey johnyboy, share price tanking.