Gulf Keystone Petroleum Share Discussion Threads

[urals] 28/8/2019 17:44

https://twitter.com/Whodareswins77/status/1166690676714672128?s=19

[bigdog5] 28/8/2019 17:35

I do believe that the ex postman's opinion is flawed:-. It's obvious why the information has been removed, JF and the BoD are unable to prove any of the numbers from the Kozel reign and therefore cannot support or be associated with them. Doing "things by the book" rather supports the above.

Since the MNR letter to the Times haven't there been companies that have downgraded their oil reserves? Genel for instance, at least twice.

Examples of "getting one's house in order" n'est ce pas.

As the ex postman states "That means doing things by the book, talking only numbers that are "proven", and not taking unnecessary risks".

Therefore absolutely none of the numbers (as I've been saying for a very long time) from the Kozel reign can now be believed. So all the data from that period is meaningless and irrlevent.

Can even the falling Reserve P2 numbers be believed now?

[urals] 28/8/2019 17:30

https://twitter.com/Paul47293202/status/1166749795102461952?s=19

[tickler] 28/8/2019 16:44

So hands up then, who bought the other big chunk this morning

[habshan] 28/8/2019 16:37

Date of purchase

28 August 2019

Number of ordinary shares purchased

173,025

Highest price paid per ordinary share

236.50 pence

Lowest price paid per ordinary share

236.50 pence

Volume weighted average price per ordinary share

236.50 pence

[habshan] 28/8/2019 16:33

"Information that is now "missing" from the website is all the proof required that JF and the BoD are not prepared to support the bogus numbers and data from the Kozel regime."

Complete tosh of course, no "proof" whatsoever.

The fact is that we don't definitively know why information from the Kozel era has been removed from the website.

What we do know is that Jon Ferrier is a man in a grey suit who wanted to run a "boring" oil company. That means doing things by the book, talking only numbers that are "proven", and not taking unnecessary risks.

A big risk is getting on the wrong side of the KRG which is what happened when Asher wound up the MNR resulting in Hawrami threatening to pull the PSC.

When dealing with the KRG Jon Ferrier needs to tread carefully and err on the side of caution.

For political, competitive, and other reasons the KRG are naturally extremely protective of their oilfield's secrets and take the issue of confidentiality very seriously.

As I recall, the information was removed from the website around the time or after the MNR issued this:-

CAPS. are mine.

3rd October 2016.

"Ministry of Natural Resources Statement.

It has come to the attention of the Ministry of Natural Resources (MNR) that a London-based company (Company) is promoting itself to potential investors as a new upstream investment vehicle focussed on the Kurdistan Region.

THE COMPANY IS CIRCULATING PRESENTATIONAL MATERIAL AND INFORMATION to prospective investors in which it states that its management team includes current executives of international oil companies (IOCs) active in the Kurdistan Region, and also a serving senior official in the Kurdistan Regional Government (KRG), who is now under investigation by MNR.

MNR is of the opinion that their involvement may have given rise to a serious conflict of interest with regard to THE SECURITY OF CONFIDENTIAL DATA FOR OIL & GAS BLOCKS to which the KRG official and the IOC executives have had access as part of their duties.

MNR has written to the IOCs involved requesting they conduct an investigation into the alleged involvement of their executives and notify us as soon as possible about whether a conflict of interest has occurred AND WHETHER THE KRG's CONFIDENTIAL DATA MAY HAVE BEEN USED OR DISCLOSED to potential investors WITHOUT THE KRG's CONSENT.

The KRG normally welcomes new investors to its oil and gas sector. HOWEVER THE LAWS OF THE KURDISTAN REGION ARE CLEAR ABOUT THE UNAUTHORISED USE OF CONFIDENTIAL DATA and the involvement of government officials in private business. MNR WILL NOT ENTER INTO ANY DISCUSSIONS WITH COMPANIES or potential investors THAT DO NOT RESPECT THE KRG’s LAWS AND REGULATIONS."

Could some of the presentational "material and information" referred to have come from the GKP website?

No doubt that missive will have caused every CEO in Kurdistan to sit up and ensure that his house was in order with respect to the KRG laws and regulations concerning confidential information.

Clearly and not unnaturally there's a lot of information concerning their oilfields that the KRG consider confidential, don't want in the public domain and don't want talked about.

And that would include information about Shaikan on the GKP website and in webcasts.

Best for Jon Ferrier to play safe and just remove all of it. That way he can't go wrong.

[urals] 28/8/2019 15:33

https://twitter.com/Whodareswins77/status/1166690676714672128?s=19

[urals] 28/8/2019 15:31

https://twitter.com/Paul47293202/status/1166719791266172929?s=19

[roverite12] 28/8/2019 14:14

Bigdog5
27 Aug '19

None of the numbers from Kozel can be believed. Your naivety both astounds and amuses.

------


mcfly02
28 Aug '19


Have some reports from Todd's day gone missing ???

I'm not surprised because of all the evidence since that proves it was pumped up fabrication.







------------------------------------------



And yet , boys (or girls) , for years and years and years you both repeated the gospel of St Kozel that Shaikan had umpteen billions of oip and was worth over $20 billion dollars ....

So that makes you either very stupid and naive ....

....or a pair of liars .



Which is it ?

[chinese_takeaway] 28/8/2019 13:54

read the RNS terms of the IN MKT buyback program, all shares will be held in treasuryOFF mkt MAJOR buyin on any terms they see fit

[pensioner2] 28/8/2019 13:34

If they've acquired more than needed to fulfil options they should be advising how many they've cancelled??

[chinese_takeaway] 28/8/2019 13:21

https://twitter.com/Paul47293202/status/1166338135397150720?s=19. https://twitter.com/Paul47293202/status/1166340738151591937?s=19

[chinese_takeaway] 28/8/2019 13:20

If both GKP , round 1/2 mill, and pretty much finished the first 15m.So news shortly.A much larger out of market pre arranged buyback imo 50- 100 m shares more the better

[bigdog5] 28/8/2019 12:49

Information that is now "missing" from the website is all the proof required that JF and the BoD are not prepared to support the bogus numbers and data from the Kozel regime. None of it has been proved or supported in the years since.

How much of the KRG's often announced oil numbers have been discovered? How is it that independent reports state considerably lower numbers?

However there's been quite a few oil companies that have been forced to downgrade their reserve numbers, or gone to the wall or departed the area.

Numbers and results differ.

Just pointing out the facts and reality.

[gkphero] 28/8/2019 11:06

SP rocketing!!

[nestoframpers] 28/8/2019 10:30

Check out Thorium , they do not want us to have it as energy will be very cheap. Imagine a world where you could leave all your appliances on as much as you want. The roads would be full of Elecy cars. They will not allow it.

[nestoframpers] 28/8/2019 10:16

Thanks OAP , he needs educating then. The climate change scientists also have grand kids, it's just they they don't want them to needlessly worry.

[chinese_takeaway] 28/8/2019 10:12

I think you right oap All pre orchestratedSomething around $2.80 with Lansdowne and sothic involved selling a chunk , and or the owners of the AWOL 30%

[mcfly02] 28/8/2019 10:10

Good Morning Dave 😃

I finally returned home (I have more than one thanks to you) from my extended weekend last night. Had a brilliant day fishing for monsters with big teeth, my bait was a foot long so what we caught was big.

Great fun and a most enjoyable day 😃

I see you have been running around in circles on here with your old mate Robert all weekend. You really need to get out more because being on here has obviously affected your health.

Have some reports from Todd's day gone missing ???

I'm not surprised because of all the evidence since that proves it was pumped up fabrication.

Wine into water and dollars into cents.

Enjoy the rest of your day because I certainly will.

[pensioner2] 28/8/2019 10:06

Don't react, NOR. He's a notorious eco-fruitcake spamming his credo wherever he thinks it'll wind people up. Just use the filter.

[pensioner2] 28/8/2019 09:43

Again, if you are right, C_T, the point of this minimal buy-in programme could have been to set the VWAP for the much larger transaction to follow. We'll see.