Gulf Keystone Petroleum Share Discussion Threads

[beernut] 06/12/2020 11:19

Saudis Raise Crude Pricing to Asia as Vaccines Buoy Oil Market
By Sharon Cho and Anthony Di Paola
December 6, 2020, 4:40 AM EST
Arab Light crude pricing rises by 80 cents to 30-cent premium
Increase shows high demand in Asia, largest market for Saudis
Saudi Arabia raised oil pricing for customers in its main market of Asia after optimism over coronavirus vaccines caused crude prices to rise to an eight-month high last week.

The increase, the biggest in five months, indicates the world’s largest oil exporter is confident global energy demand is strong enough to absorb a small boost in output from OPEC+ members next month and that markets will remain tight even with parts of Europe and the U.S. in lockdown.

[mcfly02] 06/12/2020 11:17

.😂🖕

[mcfly02] 06/12/2020 11:16

Now back to reality and today's upto date data.

Gkp are currently only producing from the Jurassic !

No wells are producing from the Triassic and they won't be going there for a long time to come......FACT !

The Permian is a very long away pie in the sky dream.

The gas plant needed to handle the gas is still only a model on the board room table and will require a massive amount of cash and time to build and will no doubt result in yet another cash call.

As everyday passes new data is gathered and not all that data is positive !

I told them they had got SH9 wrong but the experts said they knew better but the drill bit proved them wrong and me right months before they TD.

I also mentioned problems with SH12 again I was proven right and they had to move up the well because of what they didn't expect to find. This now has a knock on effect on SH13 and why it won't be drilling any deeper.

I am of the strong and confident belief that the OWC isn't as deep as they thought and this will (if they tell you) impact the reserves numbers.

Don't get me started on the historical operational problems they keep quiet about.

Anyway got to go because I've got some secondhand spark plugs to clean so I can sell them on EBay 😂😂😂

[officerdigby] 06/12/2020 11:08

Ok Genius' why has it Then Permian Not been mentioned since like 2014.They could have drilled in an alternative spot to SH1. To explore. Rather than waste the cash in the pointless dividends.It points to fact Permian is a Myth TBH. At least as a developable oil resource.

[habshan] 06/12/2020 10:58

"Sat here laughing at you"

And every time you wheel out that old chestnut Sarah the Oil & Gas community has a good old laugh at you.

They also had a good old laugh when DNO made their offer.

DNO thought they would chance their arm with a speculative offer while GKP was on it's knees, and there's nothing wrong with that.

They were shown the door for wasting everyone's time, as were you and your Uncle Tony.

DNO couldn't afford to pay what GKP was worth but there was no harm in trying.

[mcfly02] 06/12/2020 10:34

Dear oh dear 😂

Such old and very much out of date information on all fronts.

A share that's currently trading at £0.97p is apparently worth £100 a share according to the mug punters on the blogs.

DNO had access to all the data including SH1 drilling data and they thought it was only worth £1 old money and refused to up the offer and walked away 😱

Sat here laughing at you 😂😂😂

[highlander7] 06/12/2020 10:00

" And Tonys nervously watching all his household CCTV cameras for any signs of the PIs they have offended over the years, while they have made money permanently trashing GKP..."

They have a battery of at least 12 cctv cameras at the last count and sad old Sarah sits in front of the monitor and her Computer monitors waiting for the Van(s) to pull up ......not my idea of living. But well deserved for that pair of idiots.

LOL

[highlander7] 06/12/2020 09:53

When that $$$$ could have been used to source parts to do a better drill?


All they do is HIRE a better Specced drill rig. Let them drill and well test then stick on a HP Xmas Tree for production. Which is exactly what they will do when they go back. But it means stopping production , which is why ( I assume ) they have not done it - yet.

[steephill cove] 06/12/2020 09:52

The Worsley Warriors will tell you its worth tuppence ha penny when Sarahs in her jim jams sitting with her monitors trading GKP short...

And Tonys nervously watching all his household CCTV cameras for any signs of the PIs they have offended over the years both living & dead, while they have made money permanently trashing GKP...

Scrote Cam

[nestoframpers] 06/12/2020 09:50

There is oil in the Permian as Shiakan is an oil trap , why are people still not getting it ? The pressure is massive as the Zargos water table under pins the oil trap.

[eddie47] 06/12/2020 09:46

Correct Steephill. I heard it nearly blew the bloody doors off!

[steephill cove] 06/12/2020 09:33

And the time is right, because there is a huge cup & handle on GKPs chart right now...

[jason_scrap] 06/12/2020 09:32

https://www.bloomberg.com/amp/news/articles/2020-12-06/gulf-stocks-rally-on-saudi-arabia-qatar-talks-inside-em?__twitter_impression=true

[steephill cove] 06/12/2020 09:30

As Todd Kozel said many years ago, when he foretold that there would be a monumental fight for GKP...

Why shouldnt PIs be there & benefit from the final game changing take out price at GKP ;-)

[beernut] 06/12/2020 09:28

Some posts from Twitter. Puts a smile on your face hoping it’s true.



Goodnight Charlie
@GoodnightCharl1
·
Dec 4
#GKP
if buyers are #CNPC
As is most likely that will add 20% to their reserves Face with monocle
People should understand that

Shaikan is a MASSIVELY valuable field.

Conning 35,000 retail out has effectively taken 8 years

Now TAKEOVER tba

Morgan Stanley etc the beneficiaries

Not many PI
Quote Tweet

Jay
@Jay1trader
· Dec 4
Replying to @sharesearch_ and @Lee_Trades
#GKP the next BP....? Man shruggingSmiling face with open mouth and tightly-closed eyes
2
5

Goodnight Charlie
@GoodnightCharl1
·
Dec 3
#GKP
Sold
And the chart thinks so too Slightly smiling face
Going to need a log scale Y axisSmiling face with open mouthCollision symbol
Image
3
7
Goodnight Charlie Retweeted

Paul
@Paul47293202
·
Dec 2
#GKP

Black Swan Events

This is very soon going to be one
Nobody believes a stock price can leap 20/30/50 + fold
Highly unusual, very rare , that's what will happen here
If you can't accept that,fine
BUT do me a favour do NOT be leveraged short overnight
You will be bankrupted
2
1
3
Goodnight Charlie Retweeted

AndyForster
@AndyForster
·
Dec 3
#GKP I’m sure we all know what happens next Hot beverageRocket
Image

[steephill cove] 06/12/2020 09:24

We are close...

So much so, that I raised my personal skin in the game a few days ago.

I virtually doubled down in my ISA

And I multiplied my SIPP by 4.35 times.

And I will be back for more with the UK Governments tax free element if GKP has not been sold before then.

Anything the institutions can do, so can we.

Follow the hot money that they have been trying to steal from PIs for the last 3 years ;-)

[officerdigby] 06/12/2020 09:23

If the Permian was anything at all...


Why give away $50m to sh's last year?

When that $$$$ could have been used to source parts to do a better drill?


Is there any indication/proof that it was actually oil!?

[steephill cove] 06/12/2020 09:03

The high pressure in the well came because they perforated the Permian in the Chia Zairi...

So great it threatened to destabilise & blow out the rig...But they managed to control it, just!

However, armed with information aplenty & potential riches firmly established, now knowing that the Permian could charge & re pressurise the field from below, they knew Shaikan 1 was a game changer.

So much so, that they held a name plating ceremony, with top dignitaries present.

Tell me another well in Kurdistan that has had that? ;-)

[urals] 06/12/2020 08:35

Total provides a metricSat 19:21#GKPSale RNS approaches, here's a real metric that will explain huge shock when sale price revealed.18%of TOTALS 350m = $8/boe = BARE MINIMUM = £15 for GKP 's470M 2P + 180M 2C ??https://t.co/mk000JNNd8

[urals] 06/12/2020 08:33

#GKPThe con here monumental.Over 3 years to hold the market to the floor grinding shares out of retail,pre the most obvious multi billione and p sale ever.3 years of paid orchestrated battering of sentiment on all retail GKP Forums.This chap could not more right. https://t.co/WpjbllOjJK

[beernut] 06/12/2020 06:26

Mutual understanding. Sounds close to a deal. Or deal done.


Iraqi Council of Ministers’ Meeting on 2021 Budget Bill Postponed
Basnews English 2020/12/05 - 22:21 World


ERBIL — The Council of Ministers of Iraq on Sunday postponed a meeting which was set to approve the 2021 budget bill before sending it to the parliament.

A source said the postponement was to allow the ministry of finance to redraft the bill and make some amendments.

According to media reports, the amendments will include budget bill’s estimation of oil price which was previously set on $41 per barrel, and it is expected to be fixed at $48 per barrel this time.

Other sources familiar with the matter said that the postponement of the voting session at the council of ministers was also the result of the delayed agreement between Erbil and Baghdad on the budget bill and the share of the Kurdistan Regional Government (KRG).

Kurdistan Region Prime Minister Masrour Barzani on the same day chaired a meeting with KRG’s high-level committee for negotiations with Baghdad to discuss the viability of a deal with the federal government.

A statement by the KRG said later that Erbil and Baghdad had progressed to a “mutual understanding” on KRG’s financial entitlement.

[highlander7] 06/12/2020 05:14

This is the GKP board Benny.

[highlander7] 06/12/2020 05:14

IF GKP announced a sale on Monday, Broadfraud would immediately post that it was fake news. He is that obvious.

Drilling was stopped because they had a sudden influx of pressure ( a kick) close to / or at , the design pressure rating of the Well Control Equipment. Had they lost control there would have been an uncontrolled release of well pressure at the surface.

No reason they cant go back with a higher spec'd drill rig and equipment. Its been a few years now since I have been involved , but they used to have 20k rated kit as opposed to the usual standard 15k. ( lbs. / square ins )

IMO

[benny shares] 06/12/2020 03:40

Is it possible to be welcomed here, didn't think so! NTOG multibagger, RMS Face Rich & 7dig paying a dividend