Gulf Keystone Petroleum Share Discussion Threads

[shortsqueezer] 21/8/2019 08:21

Looks like we've just bought 164k

[stockport loser] 21/8/2019 08:18

I'm surprised it's taken this long, high likely that Gkp will be high on the agenda in the courtroom if it all comes out.

[mcfly02] 21/8/2019 07:52

And a reply by Fabphil to CCC.

CCC, interesting lawsuit which I welcome. It may encourage the KRG to get up to international standards! Let's hope justice prevails.
“Hawrami’;s usual cut is between 20 to 30 per cent of the overall value of the deal up front, with extra payments along the way as various milestones on production are passed, and lesser payments were to be made to other senior figures in the administration,̶1; an anonymous source told OilPrice.com. “Originally when he was appointed [as Minister of Natural Resources in 2006], this 20 to 30 per cent was passed off as ‘going to an account that would be used for the benefit of the Kurdish people’ but this pretence seems to have been dropped now,” he added.

[mcfly02] 21/8/2019 07:50

Good Morning 😃

From CCC on LSE.

hxxps://oilprice.com/Energy/Energy-General/Rampant-Corruption-In-The-Worlds-Last-Oil-Frontier.html

Rampant Corruption In The World’s Last Oil Frontier
By Simon Watkins - Aug 20, 2019, 12:00 PM CDT.

It seems that as fast as any positive news appears about the massive and under-developed oil and gas resources of the semi-autonomous region of Kurdistan in northern Iraq, more negative manifestations of its endemic corruption quickly follow. OilPrice.com can exclusively reveal that a lawsuit has been brought against the government of Kurdistan (the KRG) – and also personally against the former Minister of Natural Resources, Abdullah Abdul Rahman Abdullah (commonly known as Ashti Hawrami) - alleging a range of illegal practices.

This lawsuit was filed on 14 August at the U.K. Royal Courts of Justice (specifically, The High Court of Justice, Queen’s Bench Division, Commercial Court) by the Dynasty Company for Oil & Gas Trading Limited (Dynasty Petroleum). It alleges, among others: ‘Conspiracy to injure Dynasty by unlawful means’, ‘Unlawful interference’, ‘Unlawful intimidation’, and ‘Inducement to breach contract’......................................................

[stockport loser] 20/8/2019 22:35

Interestingly Dave, your avatar was created in 2019, most on your filter list were long gone by then. So to access it you must be using another avatar....

[0ili0] 20/8/2019 18:40

Another good day of solid buy backs. It's as if Ben and his team have got the shake'n'vac out and going for it big style.

[chinese_takeaway] 20/8/2019 17:41

https://twitter.com/Paul47293202/status/1163847055867076611?s=19

[bigdog5] 20/8/2019 17:22

How's the ringfencing business going Urals? Gone to the wall yet, Lol.

[bigdog5] 20/8/2019 17:20

Next round of hype due real soon. Biggest and best yet. Change the plans again. Try something else because the previous hype, dividends and buybacks have all failed.

[urals] 20/8/2019 17:16

https://twitter.com/Paul47293202/status/1163847055867076611?s=19

[bigdog5] 20/8/2019 17:15

Still no takeaway, what's the problem Urals?

Btw the facts are just 350m of P2 of real heavy reserves after 10 years. No one wants heavy oil though. You'll see:-)

So this steephill is adding value through all the tickups lol. The ex postman and fake reverend used to get loads more for his BS, none of which has occurred in TEN YEARS so self praise is really no recommendation. But it does mean Penge HQ and all PC's multi ali arces are having to work hard spewing out the BS.

Btw, the re writing of what actually went on years ago doesn't cut it because there's a few of us that know the facts. You are only deluding yourselves:-) But keep it up as you're amusing so many.

2.5p after 10 years, way to go.

[habshan] 20/8/2019 16:50

Date of purchase

20 August 2019

Number of ordinary shares purchased

158,514

[chinese_takeaway] 20/8/2019 16:15

Steep appreciate that.As a shareholder, I await payday.Which is not far away now imo !!

[steephill cove] 20/8/2019 15:48

BBBs was on the money & his TVDSS explanation for a sea of Oil at Shaikan on the following presentation made all sit up & take notice (especially where he stated it could be greater than slide 10)......................................................https://www.proactiveinvestors.co.uk/upload/MediaFile/File/6/4__gulf_keystone_presentation.pdf

[steephill cove] 20/8/2019 15:26

Urals, Shaikan is really a Super Super Giant. To put it in context....Kirkuks oil column is 365m. Shaikan is 965m in the Jurassic alone.

[urals] 20/8/2019 14:48

Thanks for that Chinese, super super giant? . Even at the known published CPR Shaikan is a giant@>500m Recoverable.Lets hope it really is bigger still.

[chinese_takeaway] 20/8/2019 14:41

Urals BBBS was a poster on iii, who went into great detail analysing the reservoir structure etc and implications for reserves.Did modelling for Schlumberger back in the day He's now an independant petro physicist based in Far EastStands by his assessments of 7/8 years back.Essentially says SHAIKAN is a super super giant!

[urals] 20/8/2019 14:31

That's a 12.2p / share dividend in a month or so, if not sold

[urals] 20/8/2019 14:27

My take regards reserves is that CPR generally prudent with EOR improvements constantly then CPR is very much baseline.So 660m 2p +2c minimum. Which even at a paltry $5/boe would deliver a sale value of £11-12 quid. so that possibility plus the minimum extra 12.2p is my motivation to hold and add where possible.

[welshki] 20/8/2019 14:20

oilman your words have zero value and zero trust associated with them

i might as well just counter that with i spoke to a director and he said

"gutted to have relinquished SA, we just didnt have the capital, as a stand alone asset it was a company maker"

i'll provide proof of that conversation when you do, yeh?

[mcfly02] 20/8/2019 14:20

Steephill "The ticks I receive show Im adding value. Where are yours?"


You deluded little man. 😂😂😂

[urals] 20/8/2019 14:05

BtwWho's BBBS?