Gulf Keystone Petroleum Share Discussion Threads

[broadford bay] 13/8/2019 16:41

Sarcasm may indeed be the lowest form of wit, but it is also said to be the highest form of intelligence...

...and if it's wit we're after here, whatever happened to the chap who posted all that stuff about Aliens and so on?

[habshan] 13/8/2019 16:39

Date of purchase

13 August 2019

Number of ordinary shares purchased

138,352

[bigdog5] 13/8/2019 16:27

In the absence of johnyboy, get in now. And be ready for hypefest:-)

[bigdog5] 13/8/2019 16:25

Oh the irony lofl.

[steephill cove] 13/8/2019 16:23

You havent got an audience Bigdog. All you have is your own avatars talking to each other to try and convince yourself that you are worth listening to. Yawn.

[bigdog5] 13/8/2019 16:22

Hey Urals/chinese, yet another of your predicted sale dates has come and gone so where are you pushing it back to now? Five years of predictions and you're still to get one correct.

[urals] 13/8/2019 16:06

without knowing how many shares will be in issue at takeover + not knowing $/boe paid, implies huge variance in outcome.However if the most pessimistic number is at least 4 times current market price then, we'll, its rather obvious!https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[bigdog5] 13/8/2019 16:02

BB, the troughers will be able to continue for several years yet. As we've seen from history here there's a massive difference between the company's talk and their walk.

[broadford bay] 13/8/2019 15:55

bigdog,

no need to do yourself down (as if ever!)

The Reliance deal I mentioned is to be seen in the wider context of what, if anything, Iran will do with their heavy oil.
Reliance were on the cusp of signing a deal with Iran for 400Mbopd back last year but that of course died a death; now we see Aramco filling the gap (FT, OilPrice)
SOCAR's Star refinery (TR) likewise has had to find another supplier and turned recently to Russia's Rosneft for 1 Million Tons ASAP (Bloomberg Jly 22nd).

All of this changes the market dyanmics is all I wanted to say.

Having said that, however, and as I pointed out in an earlier posting, if you had invested in a lot of heavy crude processing kit then you want (need) to sweat it, to get it earning for you. It's therefore quite possible that Heavy Crude prices might see an upwards tick - how big and for how long is unclear.

The lighter stuff still in the ground isn't going anywhere and the SH troughers will continue to benefit, whatever transpires....

[urals] 13/8/2019 15:43

No.The market share price is completely disengaged from trade sale value + has been since the Restructuring.Worst case on trade sale high pound single figures, best case high double figures.https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[pensioner2] 13/8/2019 15:39

Urals. It's over 10% up in the last five trading days. Is that what you are referring to?

[urals] 13/8/2019 15:38

Yes Chinese, without knowing how many shares will actually be in issue at takeover + not knowing what $/boe could be paid, implies a huge variance in outcome.However I also agree that if the most pessimistic number is at least 4 times current market price then, we'll, its rather obvious!https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[urals] 13/8/2019 15:36

https://twitter.com/Paul47293202/status/1159802217387429888?s=19

[officerdigby] 13/8/2019 15:29

Are they still digging a hole then?

Any oil in the hole?

What a good result
5000 BOPD

Exceptional?
7000 BOPD

Poor? 3000 BOPD.

[shortsqueezer] 13/8/2019 15:28

Also, oil has bounced I see.

[steephill cove] 13/8/2019 15:25

Sarcasm is the lowest form of wit.You're like a vindictive broken record stuck in the same old groove.

[pensioner2] 13/8/2019 15:25

Price held back to let the big boys in. Now they are, up it goes.

[shortsqueezer] 13/8/2019 15:22

Bit of trade going on today. Which is nice....

[chinese_takeaway] 13/8/2019 14:33

Urals ,agree a wide variance in sale price.Even the most prudent ly pessimistic 400% north of here!https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[bigdog5] 13/8/2019 14:20

These Rns's that went missing, they're not the staple diet of Krakens are they?

If only the company had kept them safe and secure in a box with the slides.

Hindsight eh.

[bigdog5] 13/8/2019 14:09

BB, perhaps they should inform Opec then.

However, wouldn't it be a much better idea for those with very heavy oil to find a way of producing better quality oil? Perhaps blend heavy oil with lighter to raise the quality in order for it to have more value before it arrives at a refinery?

But what would I know or understand never having been in the Oil Industry or Post Office:-)

[urals] 13/8/2019 11:30

https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[broadford bay] 13/8/2019 11:22

bigdog,

I know you are interested in Heavy Oil pricing so I wondered if you had seen this announcement re Saudi Aramco's plans to take 20% ownership of Reliance Industries large refinery complex at Jamnagar:


Jamnagar has a very high Nelson Index (14 at last calc), can easily take a lot of sour, heavy crude(s) and is very profitable with such crudes. It's reported they plan to take 500Mbopd of S.Aramco crude - and you can bet your boots heavy grade will be amajor proportion of that.

Whether this is a pointer to future trends and/or pricing we will have to see. For sure it will influence the pricing of the Basrah Heavy grade, with a spillover effect also being felt elsewhere.

[bigdog5] 13/8/2019 11:14

Are you all fresh out of BS to post?

Even poor old Urals can't make up any about why Insti's would stay under 5%, lol.

We've told you so many times he doesn't have a clue about the City and yet you swallow all his made up BS. I doubt he could find the City let alone understand anything that goes on there.

How's the oil law coming along? More committees formed?