Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 10/4/2020 19:06

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 18:57

you beat me to it BigDog 😂

[mcfly02] 10/4/2020 18:55

Habscam 🤡

Today I've putout quite a few very good points for people to think about with their own minds while you have made yourself a fool.

[bigdog5] 10/4/2020 18:55

So Mexico walked away as they weren't prepared to make the cuts requested?

The Yanks endeavouring the placate them by "helping them out".

The Yanks can of course do that for what are obvious reasons.

[bigdog5] 10/4/2020 18:47

I seem to recall most if not all the posters that were apparently "experts" and "in the Industry" sold out and haven't posted about this pos for years. I wonder why they would do that, lol. Do you think they discovered and then realised what they were being told didn't stack up?

[bigdog5] 10/4/2020 18:37

Back office administrator, lofl.

Na, not even close. Poor old highlander7 still trying to get something, anything correct after ten years.

Strange that ex postmen, fake everything else plus someone who spent his time checking health and safety regulations would want to bring careers into the spotlight in the desperate hope it could help their arguments, lofl.

Poor desperate old hab SHAM.

[habshan] 10/4/2020 18:32

"they could simply re-tube and production at 7k (SH1) a well giving around 70k a day."

Do you really think so Oilman.

Great idea.

Why don't you e-mail Jon and Stuart with that suggestion, I doubt that they've thought of it.

Don't forget to let us know what they say.

[mcfly02] 10/4/2020 18:18

Habscam 🤡

Very good at twisting words to try and make absolutely everything positive lol.

SH12 a brand new well no need to work over and the tubing size was selected before they started drilling.

So why can't it produce more than 4K a day ???

Why did the company let the work over rig go ???

Why don't they take your advice and work on all the wells ???

If what you say is true (it isn't) why are they drilling new wells when they could simply re-tube and production at 7k (SH1) a well giving around 70k a day.

Remind me how much does it cost to work over a well and how much does it cost to drill a new well ???

55k elusive target ??? Something doesn't add up 🤷‍a94;️

Why don't you call me a second hand car parts salesman to take the attention away from the obvious failings 😂

[0ili0] 10/4/2020 18:08

Asher had 20,000,000 shares pre restructuring so I presume he holds 200,000 now. I wonder if he took the open offer?

[habshan] 10/4/2020 17:42

From Surreyscott:-

"Its worth remembering that BD5 "expertise" comes from a lifetime sat on his *rse as a back office administrator.
So he is in good company with these other 2 clowns he hangs out with."

[urals] 10/4/2020 17:31

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 17:31

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 17:30

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

[urals] 10/4/2020 17:30

HabshanWhy are you interacting with criminals?Indeed

[habshan] 10/4/2020 17:25

"Experts obviously got that one wrong in regards to a gas cap and drilled SH9 to prove they were wrong."

What's obvious Oilman is that you don't know the difference between a primary and a secondary gas cap.

Something else to add to the long list of things that you're clueless about.

[chinese_takeaway] 10/4/2020 17:21

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

[chinese_takeaway] 10/4/2020 17:20

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 17:20

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

[chinese_takeaway] 10/4/2020 17:20

Why are you interacting with criminals?

[habshan] 10/4/2020 17:16

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

You seem to have a thing about pumps Oilman, they're nothing to be frightened of.

ESPs were invented a long time ago and are in use in some 200,000 of the worlds oil wells. They're simply an efficient and reliable artificial-lift method to optimise production of moderate to high volumes of fluids from wellbores, and particularly of heavy oil which is predominant in Shaikan and throughout the Middle East.

And there's no need to be concerned that some wells have them and some don't. The pressure at the wellbores is not the same at every well and varies throughout the field due to the geology being different from place to place.

And as for this:-

"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."

Those wells have been producing heavy oil for the 10 years since they were drilled Oilman.

Have they ever received a clean up, or a workover or any kind of subsurface maintenance in that time.

When Sh-1 and Sh-3 were worked over their outputs increased by 105% and 40% respectively.

Try to keep up.

[chinese_takeaway] 10/4/2020 16:32

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 16:32

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 16:32

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 16:28

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

Experts obviously got that one wrong in regards to a gas cap and drilled SH9 to prove they were wrong.

[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