Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 10/4/2020 16:21

Agree Chinese favourites, particularly as they big buyers of heavy oil.Consortium also likely given scale of Giant if not supergiant field.#GKPDEC 2016 story 3 1/2 years agoNot denied, Shaikan largest onshore in ? in indy operatorship no surprise Chinese IOC interestCNPC subsequently did tech field log/analysis over 2018/19. imo CNPC favourites as the buyers J p Morgan + 4.55m in past 3 wks+ now pushing 6% https://t.co/gbjqEC6Qg3

[mcfly02] 10/4/2020 16:21

Just to note 😃

SH1-3-12 are producing 18k between them.

So that means that SH2-4-5-7-8-10-11 are only producing 20k between them ???

That means if you split it equally they are only producing 2.7k each.

But it's not split equally is it.

All from public RNS.

[chinese_takeaway] 10/4/2020 16:21

https://t.co/1dWUlCfn5w3 years holding 28.8m shares and never selling  1 , LANSDOWNE (who are acting for Morgan Stanley) choose NOW to BUY very very  aggressively, over 2.1m in less than 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voracious!#GKPLANSDOWNE PARTNERS who hold largest holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  > 31m holdingJPMORGAN same 2 WK period over 4.55m shares now > 12.05m Obviously Sale incominghttps://t.co/1dWUlCfn5w

[chinese_takeaway] 10/4/2020 16:20

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY :  TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl

[mcfly02] 10/4/2020 16:20

Just to note 😃

SH1-3-12 are producing 18k between them.

Also note that SH12 needs a pump to produce 4K.

So that means that SH2-4-5-7-8-10-11 are only producing 20k between them ???

That means if you split it equally they are only producing 2.7k each.

But it's not split equally is it.

All from public RNS.

[chinese_takeaway] 10/4/2020 15:29

Agree Chinese favourites, particularly as they big buyers of heavy oil.Consortium also likely given scale of Giant if not supergiant field.#GKPDEC 2016 story 3 1/2 years agoNot denied, Shaikan largest onshore in ? in indy operatorship no surprise Chinese IOC interestCNPC subsequently did tech field log/analysis over 2018/19. imo CNPC favourites as the buyers J p Morgan + 4.55m in past 3 wks+ now pushing 6% https://t.co/gbjqEC6Qg3

[chinese_takeaway] 10/4/2020 15:29

https://t.co/1dWUlCfn5w3 years holding 28.8m shares and never selling  1 , LANSDOWNE (who are acting for Morgan Stanley) choose NOW to BUY very very  aggressively, over 2.1m in less than 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voracious!#GKPLANSDOWNE PARTNERS who hold largest holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  > 31m holdingJPMORGAN same 2 WK period over 4.55m shares now > 12.05m Obviously Sale incominghttps://t.co/1dWUlCfn5w

[chinese_takeaway] 10/4/2020 15:29

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY :  TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl

[lifeson] 10/4/2020 15:29

No rest for the crooked!

Good Friday

Bad Doggie!

:)

[bigdog5] 10/4/2020 15:22

Pressure falling across the field hence the desperate requirement for ESP's. However after announcing the ESP programme shortly after the wipeout of shareholders back in 2016 it was ages before even one was installed. Oh btw, it wasn't "off the shelf" as an ex postman and fake reverend informed the clueless morons it would be. But then again as he's got naff all correct in ten years so that's to be expected.

surreyscot an Oil and Gas professional? LOFL

Broadford Bay completely destroyed his gas flaring explanations (as well as other delusional views) over on a different bb and McFly has decimated his work programme BS.

hab SHAM stop the pretence, we know who you are and you're talking BS. We understand you're desperate and its plain to see that you're able to con the clueless but those of us that really do know the truth just laugh at you. None of your theories, cut and pastes, comparisons with other fields, have occurred and more importantly won't.

[bigdog5] 10/4/2020 14:52

Great sum up of the numerous problems mcFly that the clueless delusional morons dismiss or just refuse to understand.

So many issues with the field and of course the hosts, what's to like?

[habshan] 10/4/2020 14:22

"It's what's known as a Depletion Drive Reservoir."

So, both Gravity Drainage AND Depletion Drive.

Even better.

Stuart Catterall said at the CMD Presentation that they beleved a secondary gas cap was forming which clearly supports the Depletion Drive theory.

Let's see.

[bigdog5] 10/4/2020 14:20

The ameretto clown looks to be out of the Paul cloning school and keeping with the tradition of proving they know naff all about this company and the oil world. A post of theirs the other day about a takeover is in progress explains all that one needs to know about the moron. Another one for the bin.

[urals] 10/4/2020 14:12

Agree Chinese favourites, particularly as they big buyers of heavy oil.Consortium also likely given scale of Giant if not supergiant field.#GKPDEC 2016 story 3 1/2 years agoNot denied, Shaikan largest onshore in ? in indy operatorship no surprise Chinese IOC interestCNPC subsequently did tech field log/analysis over 2018/19. imo CNPC favourites as the buyers J p Morgan + 4.55m in past 3 wks+ now pushing 6% https://t.co/gbjqEC6Qg3

[urals] 10/4/2020 14:12

https://t.co/1dWUlCfn5w3 years holding 28.8m shares and never selling  1 , LANSDOWNE (who are acting for Morgan Stanley) choose NOW to BUY very very  aggressively, over 2.1m in less than 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voracious!#GKPLANSDOWNE PARTNERS who hold largest holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  > 31m holdingJPMORGAN same 2 WK period over 4.55m shares now > 12.05m Obviously Sale incominghttps://t.co/1dWUlCfn5w

[urals] 10/4/2020 14:12

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY :  TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl

[broadford bay] 10/4/2020 14:05

Actually, ERCE refer to the drive mechanism as follows:

"...the recovery from the field will be dominated by processes associated with pressure depletion."
(5.10.3. Recovery Mechanisms for the Jurassic Reservoirs)

It's what's known as a Depletion Drive Reservoir.

[chinese_takeaway] 10/4/2020 13:38

.lAgree Chinese favourites, particularly as they big buyers of heavy oil.Consortium also likely given scale of Giant if not supergiant field.#GKPDEC 2016 story 3 1/2 years agoNot denied, Shaikan largest onshore in ? in indy operatorship no surprise Chinese IOC interestCNPC subsequently did tech field log/analysis over 2018/19. imo CNPC favourites as the buyers J p Morgan + 4.55m in past 3 wks+ now pushing 6% https://t.co/gbjqEC6Qg3

[chinese_takeaway] 10/4/2020 13:38

https://t.co/1dWUlCfn5w3 years holding 28.8m shares and never selling  1 , LANSDOWNE (who are acting for Morgan Stanley) choose NOW to BUY very very  aggressively, over 2.1m in less than 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voracious!#GKPLANSDOWNE PARTNERS who hold largest holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  > 31m holdingJPMORGAN same 2 WK period over 4.55m shares now > 12.05m Obviously Sale incominghttps://t.co/1dWUlCfn5w

[chinese_takeaway] 10/4/2020 13:38

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY :  TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl

[chinese_takeaway] 10/4/2020 13:21

.lAgree Chinese favourites, particularly as they big buyers of heavy oil.Consortium also likely given scale of Giant if not supergiant field.#GKPDEC 2016 story 3 1/2 years agoNot denied, Shaikan largest onshore in ? in indy operatorship no surprise Chinese IOC interestCNPC subsequently did tech field log/analysis over 2018/19. imo CNPC favourites as the buyers J p Morgan + 4.55m in past 3 wks+ now pushing 6% https://t.co/gbjqEC6Qg3

[chinese_takeaway] 10/4/2020 13:21

https://t.co/1dWUlCfn5w3 years holding 28.8m shares and never selling  1 , LANSDOWNE (who are acting for Morgan Stanley) choose NOW to BUY very very  aggressively, over 2.1m in less than 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voracious!#GKPLANSDOWNE PARTNERS who hold largest holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  > 31m holdingJPMORGAN same 2 WK period over 4.55m shares now > 12.05m Obviously Sale incominghttps://t.co/1dWUlCfn5w