Gulf Keystone Petroleum Share Discussion Threads

[jamiethebroadfraudster] 21/10/2020 14:14

The market currently values GKP 470m 2p at less than 30 cents per barrel( Let alone 50 times that amount if the Conoco this week agreed to buy Concho at a rate of $13 dollars per barrel :)Lol

[jamiethebroadfraudster] 21/10/2020 14:14

On cue the BIGGEST buy SIGNAL ever :))))Clown Dog USA BIGGEST BUY SIGNAL EVER

[bigdog5] 21/10/2020 14:07

Your desperation knows no bounds but it is providing huge hilarity.

No wonder Paul the troll has to get up so early with all those bogus avatars to use and talk to himself with.

Oh btw, the company doesn't have anywhere close to the P2 numbers that Paul the troll keeps posting.

Soon to be 50p based on what the oil price is going to do.

Happy to assist.

[bumkin] 21/10/2020 13:57

Sorry, double post.

[bumkin] 21/10/2020 13:57

I would just like to thank the folk on here who continually give out great updates, particularly beernut, it is really appreciated. So a big thank you and keep up the good work, from the many genuine holders who don’t say much but keep holding.

[pensioner2] 21/10/2020 13:25

Forget about oil prices, beernut. See if you can find that news item which says the Iraqi Parliament is about to vote on the O&G Law. Then we'll be cooking on gas. -:)

[beernut] 21/10/2020 12:36

Crude Oil Prices Edge Higher On Weaker US Dollar, EIA Report In Focus
By Margaret Yang of DailyFX
Wednesday, October 21, 2020 7:00 AM EDT
WTI crude oil prices edged higher on Wednesday, challenging a key resistance level at US$ 41.50. Oil prices were boosted by stimulus hopes and a falling US Dollar after US House Representatives Speaker Nancy Pelosi self-imposed a deadline for the White House to approve the relief package. The DXY US Dollar index fell for a second day to 92.92 – the lowest level seen in a month.
Oil traders are also eyeing Wednesday’s EIA inventory reports, expecting a 1.02 million barrels fall in US crude oil stockpiles. Oil prices have historically exhibited a negative correlation with inventory changes, and the past 12 months’ data can be viewed on the chart below.

[jamiethebroadfraudster] 21/10/2020 12:04

Thank you , that is very solid !!!Currently73.8 460073.7 530073.6 190073.5 8310073.3 300073.1 300073.0 5000072.9 500072.5 50000Total 210000All of these except the first are single ordersThe other side comes to approx 74000Although I think P 2's comment above holds a lot of truth

[ticketmaster] 21/10/2020 11:57

Currently

73.8 4600
73.7 5300
73.6 1900
73.5 83100
73.3 3000
73.1 3000
73.0 50000
72.9 5000
72.5 50000

Total 210000
All of these except the first are single orders

The other side comes to approx 74000


Although I think P 2's comment above holds a lot of truth

[urals] 21/10/2020 11:57

The market currently values GKP 470m 2p at less than 30 cents per barrel( Let alone 50 times that amount if the Conoco this week agreed to buy Concho at a rate of $13 dollars per barrel :)Lol

[jamiethebroadfraudster] 21/10/2020 11:29

Can you flesh that out more please,Very strong order book today. The vast majority coming from only 1 or 2 orders at each level. Looking good261000 v 89300

[jamiethebroadfraudster] 21/10/2020 11:23

No he's a petrophysicist ,was based in Indonesia last I heard.Or at least his old incarnation on iii was.

[jimmyflea] 21/10/2020 11:12

Is BaaBaaBlacksheep really GKPhero?

[pensioner2] 21/10/2020 11:05

I don't think that works, ticketmaster. At the moment they're just swapping shares around and they can keep the share price wherever they want for that purpose. The only way it'll change is if another big beast wants to gatecrash the party (imo).

[jamiethebroadfraudster] 21/10/2020 10:54

25bn is a huge stretch Around 13bn OIPIMO recovery with EOR may be 50%6.5bn , 80% for GKPAround 5bn BoeBut even at 10% which is where it is currently we are at an ENTERPRISE VALUE TO 2P. ratio of 0.30Which is absurd anyway!

[ticketmaster] 21/10/2020 10:34

Very strong order book today. The vast majority coming from only 1 or 2 orders at each level. Looking good

261000 v 89300

[nestoframpers] 21/10/2020 09:15

BaaBaaBlacksheep

Posts: 1

Price: 74.00

Strong Buy

Greater ShaikanToday 08:36
25bn recoverable.

ReplyRecommend (2)Report Post

[jamiethebroadfraudster] 21/10/2020 09:10

ImoThey will announce they bought back 60-80 m shares using unutilised 200m note facilityLeaves say. 140m shares in issue650 2p+2c MINIMUM at $20 / Boe = $13bn$13bn/ 140 m shares = $92/share= £70

[k4n4k] 21/10/2020 08:54

Why not! At least it's in line with GKPhero's guidance.

[urals] 21/10/2020 08:53

£50+ imo k4

[k4n4k] 21/10/2020 08:49

If we break resistance at 75p, next stop is 300p. IMO.

[mcfly02] 21/10/2020 08:25

😂😂😂

It's no wonder the massive FCA investigation failed 😂😂😂

8 year old information lol.

[highlander7] 21/10/2020 06:35

It was such a lovely day yesterday I went for a WALK in the DEN.

LoL

[beernut] 21/10/2020 06:01

Oil prices climb as U.S. stimulus negotiations resume
By ANDRES GUERRA LUZ AND GRANT SMITH on 10/20/2020

(Bloomberg) --Oil edged higher as U.S. lawmakers negotiated the size of a potential spending bill to boost economic recovery, presenting a rare bright spot for the demand outlook.

Futures in New York rose above $41 a barrel after earlier sliding as much as 1.4% Tuesday. House Speaker Nancy Pelosi told Bloomberg TV that a bill for a compromise stimulus package is being written, raising hopes that lawmakers and the White House may be able to break a months-long impasse. But “mixed messages” between Trump and Senate Republicans -- who have opposed a package of $1.8 trillion or more -- could pose a hurdle, Pelosi said.

“If we don’t have a deal, I struggle to see what the catalyst is to move us higher,” said Peter McNally, global head for industrials, materials and energy at Third Bridge. “People need jobs to support demand in an otherwise seasonally weaker period.”

The market is also weighing uncertainty over whether OPEC and its allies will move forward with its plans to add 2 million barrels a day back onto the market from January. Russian Energy Minister Alexander Novak said that the nation won’t make any decisions about the future of cuts related to the OPEC+ output deal until the group’s meeting next month.

U.S. crude futures have been stuck around the $40 a barrel mark so far this month as governments struggle to control new flareups of the virus. The worsening virus spread in Europe is sapping momentum from an already fragile demand recovery, with Ireland and Wales imposing stringent lockdowns and Italy’s financial center planning a curfew. Meanwhile, traders are looking for signs as to whether U.S. lawmakers can pass another round of fiscal stimulus, which would provide a much-needed boost to demand.

“According to the current OPEC+ deal, we are going to see 2 million barrels a day come on January, and we’re not so sure the market can handle this,” said Bart Melek, head of global commodity strategy at TD Securities. “We’re also going to need more clarity where the fiscal plan is going. So there are a lot of uncertainties out here.”

[jamiethebroadfraudster] 21/10/2020 05:52

If they have bought 30% in via proxy which they should have...It will be >£50 Tickety tockety