Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 23/4/2020 09:11

#GKP164 m cash plus 73m o/s from MNRProdn 38kSurvive with no growth independently at least 2 YEARS of low POO CNPC will taking care of growth ? #TLW asset sale today, IOC buy minnows/their assetsGKP next imminently

[chinese_takeaway] 23/4/2020 09:10

Price paid? I'm counting 2c as 2p, given a signature on the BUYERS FDPMakes it around 650m 2p minimum.#$ per 2P? Worst case $3 best $18. $1.95bn - 11. 5bn (£7--£42/share)Let's be very prudent say $5/2p = £ 11.80 /share

[chinese_takeaway] 23/4/2020 09:10

#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming

[antondec] 23/4/2020 09:10

No dividend
No salary reduction
No idea when 55k will happen
Losing money on all oil pumped below $35
No sale RNS - urals/CT ???

Basically summed up as - we are going to lose loads of money for a few years but think we have enough in our piggy bank to survive.

[habshan] 23/4/2020 09:05

"If they reply I'll post it up."

Re. this morning's Presentation.

Urals/CT.

Try this. From IR.

hxxps://s3-eu-west-2.amazonaws.com/wp-gulfkeystone-2020/media/2020/04/23080047/GKP-2019-Results-Presentation.pdf

[chinese_takeaway] 23/4/2020 09:04

#GKP164 m cash plus 73m o/s from MNRProdn 38kSurvive with no growth independently at least 2 YEARS of low POO CNPC will taking care of growth ? #TLW asset sale today, IOC buy minnows/their assetsGKP next imminently

[chinese_takeaway] 23/4/2020 09:04

Price paid? I'm counting 2c as 2p, given a signature on the BUYERS FDPMakes it around 650m 2p minimum.#$ per 2P? Worst case $3 best $18. $1.95bn - 11. 5bn (£7--£42/share)Let's be very prudent say $5/2p = £ 11.80 /share

[chinese_takeaway] 23/4/2020 09:04

#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming

[tess_tickle] 23/4/2020 08:59

$7 DROP IN BRENT BARREL COST GKP

$36.4M LESS PROFIT

(2018-2019)

[mcfly02] 23/4/2020 08:53

With the restart of the investment programme, gas management project activities will follow the MNR's approval of the FDP. With this approval, preparations will commence for FEED ("Front End Engineering and Design"). Currently, FEED is not expected to begin until 2021 at the earliest, and the current total estimated duration of the project has been extended by three years to 60-66 months. Initial capital cost estimates for the revised solution are about $275-$375 million (+/-40% accuracy), up $50 - $75 million compared to the previous gas reinjection plan. Despite this, the NPV of the project is not expected to be adversely impacted; in fact near-term cash flow is improved due to continued production and the deferral of capital expenditures.

[mcfly02] 23/4/2020 08:47

Current production down another 2k to 36k.

Funny how every time they report they've lost another 2k ???

[habshan] 23/4/2020 08:47

Urals - "Anybody found the presentation referenced?
I can't."

Me neither.

I've fired off an e-mail to IR.

If they reply I'll post it up.

[urals] 23/4/2020 08:44

Anybody found the presentation referenced?I can't.

[urals] 23/4/2020 08:44

Price paid? I'm counting 2c as 2p, given a signature on the BUYERS FDPMakes it around 650m 2p minimum.#$ per 2P? Worst case $3 best $18. $1.95bn - 11. 5bn (£7--£42/share)Let's be very prudent say $5/2p = £ 11.80 /share

[urals] 23/4/2020 08:44

#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming

[mcfly02] 23/4/2020 08:43

Current production down another 2k to 36k.

Funny how every time they report they've lost another 2k ???

[tess_tickle] 23/4/2020 08:43

FOR A $7 DROP IN BRENT

$36.4M LESS PROFIT ('18-'19)

[urals] 23/4/2020 08:38

Anybody found the presentation referenced?I can't.

[urals] 23/4/2020 08:38

Price paid? I'm counting 2c as 2p, given a signature on the BUYERS FDPMakes it around 650m 2p minimum.#$ per 2P? Worst case $3 best $18. $1.95bn - 11. 5bn (£7--£42/share)Let's be very prudent say $5/2p = £ 11.80 /share

[urals] 23/4/2020 08:37

#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming#GKP Sale implementation agreement made June 2019.Buyers China =Beijing based new CFO.Buyback ended 3/13 with $50m buying 19.6m sh = 8.54% shares which took out major shareholder of 2016 Restructure Capital pre agreed terms Straight after 3/13 to 1/4 in just 2 weeks Lansdowne buy further 2.1m shares and JPMorgan +4.65 mDeal incoming