Gulf Keystone Petroleum Share Discussion Threads

[welshki] 19/8/2019 16:05

pensioner, you think some actually pays bigdog for the drivel he serves up?......lol.......pull the other one

[steephill cove] 19/8/2019 15:57

Mutley...https://youtu.be/Rg-jtYXvI7M

[habshan] 19/8/2019 15:55

Shediak - 21 Aug 2017 - 20:56:12 - 545605 of 546664 THE NEW GKP / Drilling for Super Giants (moderated) - GKP

Is this a plan for Kurdish heavy crudes?

In addition to the deals that Rosneft did with the KRG in St.Petersburg recently to develop the Kurdish Oil & Gas infrastructure they have just bought 49% of Indian Essar Oil along with oil trader Trafigura who has also bought 49%.

The deal includes the Vadinar refinery which is in Gujarat.

The Vadinar Refinery is now India's second largest single-location refinery, with an annual capacity of 20 million tonnes (405,000 barrels per day) and a complexity of 11.8, which also makes it among the world's most complex refineries.

From Bloomberg:-

"Essar will sell its refinery at Vadinar on India's west coast and its fuel-retailing business along with a port terminal and power plant that helps feed the refinery. The deal for the 400,000-barrel-a-day refinery will give Russia's biggest oil producer an outlet in South Asia for its production as oil-rich countries vie for market share."

The size and complexity of this refinery gives it the capability to process a much heavier crude diet. The share of ultra heavy crude, which currently constitute 20% of the crude basket, will go up to 60%; and as a result the overall share of heavy and ultra heavy crude will go up to 80% of the refinery's total crude basket.

[pensioner2] 19/8/2019 15:51

Muttley knows that, Steephill Cove. It's just one of his moronic soundbites that he posts regularly to try to deter potential investors. Too late now. The chart is looking very perky and we'll soon see a wad of hot money pushing it further, which might annoy Muttley's employers who are looking to buy as low as they can.

[steephill cove] 19/8/2019 15:49

Correct Urals...

[steephill cove] 19/8/2019 15:48

Get back in your kennel Bigdog.

[ander] 19/8/2019 15:47

Good to be back in profit.

[urals] 19/8/2019 15:45

Correct heavy grades are trading at premium.And China refineries are not only set up to process Heavy they are the largest processors of heavy in the world.

[steephill cove] 19/8/2019 15:44

Plenty of light from US fracking, but with Venezuela production ever dwindling...its heavy sour thats in demand & well you know it Mutley.

[steephill cove] 19/8/2019 15:42

4 days ago Mutley & stateside....You are clearly well researched NOT.https://energynow.ca/2019/08/world-demand-for-heavy-sour-oil-grades-is-increasing-but-is-canada-missing-out-due-to-pipeline-roadblocks-maureen-mccall/

[chinese_takeaway] 19/8/2019 15:40

It's cooking alrighthttps://twitter.com/GoodnightCharl1/status/1163454264422871043?s=19

[urals] 19/8/2019 15:38

 "Once Initial Amount is completed.... Co expects to provide further instruction to Brokers for purchase of balance of the Buyback Programme." So what will fundamentally change that needed program to be split into two tranchess, and new instructions? Why not 1 tranche, same instructions???? :) Initial amount will complete soon, possibly very soon.

[bigdog5] 19/8/2019 15:36

I believe I've mentioned before that no one wants real heavy oil. Opec say its going to lose loads of value.

[steephill cove] 19/8/2019 15:35

Let the trend be your friend...

[steephill cove] 19/8/2019 15:35

Big Batman coming on the 3yr chart Mutley...

[bigdog5] 19/8/2019 15:32

The word on the City streets and wine bars is if the hype does turn out to be the biggest and best to date 3p could again be breached. However, as we all know from the previous 10 years it may also be viewed as pie in the blue sky. They do a great talk but fail in the walk so place your bets for "H" day. I could give you a list of what's "rumoured" but na:-)

[pensioner2] 19/8/2019 15:27

Urals. It looks to me as though there's some urgency creeping in.

[urals] 19/8/2019 15:23

It's cooking alrighthttps://twitter.com/GoodnightCharl1/status/1163454264422871043?s=19

[bigdog5] 19/8/2019 15:22

You name the truth as bile?

However you and others here are happy to post misleading BS from years ago in the hope of conning potential investors with the aim of clawing back your massive losses? I think you should examine your morals, mine are fine.

I post the facts and reality. I have no doubt in their authenticity.

[chinese_takeaway] 19/8/2019 15:19

https://twitter.com/GoodnightCharl1/status/1163454264422871043?s=19

[guypender] 19/8/2019 14:32

Tick tock Bigdog, you'll probably die writing bile

[urals] 19/8/2019 13:59

The first 15m will be spent before end of next week in all likelihood https://twitter.com/Paul47293202/status/1163365666054955009?s=19

[bigdog5] 19/8/2019 13:46

Thanks to sarahgibbs for the 10cc words.

Could I suggest a befitting anthem for the Penge Street Gang ought to be "Living in the Past" by Jethro Tull?

[bigdog5] 19/8/2019 13:38

Hey Urals/Chinese/TRM/notout, is the takeaway this week?

If so why bother with half year results? What about the top delegation that are going to be serious this time, wouldn't any purchaser want to wait for that outcome? I did note you've altered you view on no need for an Oil Law though. Good thinking as its likely it wouldn't last more than it takes the ink to dry on the document imo.

[urals] 19/8/2019 13:29

https://twitter.com/Paul47293202/status/1163365666054955009?s=19