Gulf Keystone Petroleum Share Discussion Threads

[oilman66] 06/12/2020 16:54

Total provides a metric#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

[oilman66] 06/12/2020 16:53

RIP BOB - that would be around 175 quid a share......"I gather that Todd has said that GKP is worth about 50 billion dollars...I have no reason to disbelieve the person who told me that. A director of GKP said earlier this week "GKP will not settle this case" and, again, I have no reason to disbelieve the person who told me.I think that Todd is aware that Excalibur's Funder(s) thought they had some 21 months, between Clifford Chance's failed Mareva application and the start of the Trial, to get a settlement from GKP.And I think Todd is also aware that they believed a new 'lease of life' for a settlement began when the trial started, because of Dr. Hawrami not wanting this challenge to title preventing "deals" potentially being done.My guess fwiw is that (a) a settlement was expected, and (b) the identity of the funders would not be revealed.I think the situation has been seriously destabilised.IMHO DYOR etc"

[bigdog5] 06/12/2020 16:52

"and now the pigeons are coming home to roost".

Only if they're kitted out in wetsuits snorkels and flippers and can build pontoons.

Tons of Sulphur and its value to shareholders, dedicated heavy pipeline into shaiCON, and the classic we'll mix the sweet nectar from the Permian into the heavy. Just three of Kozel's boasts that turned out to be BS.

But could there be a market for the shaiCON spring water?

You know the clueless have reached desperation melting point is when they have to bring up the Permian. Another chapter from Kozel's book of fantasy or how to trough on make believe and get away with it?

One field, one zone and even that's looking extremely dodgy and expensive now.

Turn the hype machines back on, turn the spin machines back on, post up the London overlay and get JG's quote on here about the fractures, gotta keep the trough filled for Xmas:-)

[oilman66] 06/12/2020 15:39

More like 26 quid on sale announcement :)positive share price closed above 96p, next targets 104p then 116p and I really think 262p is possible from descending triangle . #GKP https://t.co/d7I97RQl57

[highlander7] 06/12/2020 14:54

Not often you see all 3 stooges on a Sunday .....they give it away every time.

LOL

[oilman66] 06/12/2020 14:41

RIP BOB - that would be around 175 quid a share......"I gather that Todd has said that GKP is worth about 50 billion dollars...I have no reason to disbelieve the person who told me that. A director of GKP said earlier this week "GKP will not settle this case" and, again, I have no reason to disbelieve the person who told me.I think that Todd is aware that Excalibur's Funder(s) thought they had some 21 months, between Clifford Chance's failed Mareva application and the start of the Trial, to get a settlement from GKP.And I think Todd is also aware that they believed a new 'lease of life' for a settlement began when the trial started, because of Dr. Hawrami not wanting this challenge to title preventing "deals" potentially being done.My guess fwiw is that (a) a settlement was expected, and (b) the identity of the funders would not be revealed.I think the situation has been seriously destabilised.IMHO DYOR etc"

[oilman66] 06/12/2020 14:41

Broadfraudster LOLOLOLOLOL#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

[oilman66] 06/12/2020 14:41

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

[mcfly02] 06/12/2020 14:28

And just another point 🤔

Seeing as the deluded are talking about the Permian lol.

SH 7 ????????????

How much money was spent on that well ???

Wasn't it around 100 million cough cough ???

And it failed and got turned into a Jurassic producer lol.

Permian 😂😂😂

They're going to be talking about how wonderful the cretaceous is next 😂😂😂

Always use that one to fluff up the reports. Remind me have we got anything producing from that zone.........NO and never will have no matter what they say !

[urals] 06/12/2020 14:13

RIP BOB - that would be around 175 quid a share......"I gather that Todd has said that GKP is worth about 50 billion dollars...I have no reason to disbelieve the person who told me that. A director of GKP said earlier this week "GKP will not settle this case" and, again, I have no reason to disbelieve the person who told me.I think that Todd is aware that Excalibur's Funder(s) thought they had some 21 months, between Clifford Chance's failed Mareva application and the start of the Trial, to get a settlement from GKP.And I think Todd is also aware that they believed a new 'lease of life' for a settlement began when the trial started, because of Dr. Hawrami not wanting this challenge to title preventing "deals" potentially being done.My guess fwiw is that (a) a settlement was expected, and (b) the identity of the funders would not be revealed.I think the situation has been seriously destabilised.IMHO DYOR etc"

[pensioner2] 06/12/2020 14:12

Starting to look promising that they are working on the conditions to get that O&G Law sorted. We'll see tomorrow whether the market agrees or not.

[urals] 06/12/2020 13:30

Hi guys Broadfraudster LOLOLOLOLOL#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

[urals] 06/12/2020 13:29

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 13:29

#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

[broadford bay] 06/12/2020 13:27

Good afternoon guys,

And thanks for those updates mac!

The fact that (some) heavy crudes can sometimes command a premium is not disputed.
Shaikan, however, is both Heavy and very Sour – nasty stuff and, if sold on its own, is heavily discounted. The S5%+ has to be removed at the refinery and that's a beetch.

Even if market conditions were to flip its value, it cannot be transported as a single grade to the loading docks except by truck – and at great cost.

Currently it’s mixed / blended with other, lighter and higher-value crudes (and distillates) as it’s put into the Ceyhan pipeline.

It cannot be unmixed / unblended.

The more Shaikan crude is put into the pipe, the lower the value of the Kurdish Blend eventually sold.

Too much hot air was spouted early on about this field and now the pigeons are coming home to roost.

LOTS of money will be needed next year if Cashti insist on the gas issue being addressed.
No Divi and great regret at the buybacks.

Just hope he doesn't insist on a Permian well to improve the blend.

Busted flush.

[urals] 06/12/2020 13:23

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 13:22

#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

[bigdog5] 06/12/2020 13:15

Constable Digby.

The Permian was reached many years ago and its true to say it tried to eat the drill and they almost lost the well. They've not been back since. This has been mentioned several time.

As a reminder but always dismissed by the clueless is that even trying for the Triassic is extremely risky and expensive let alone wasting a great deal of money plus the associated risks involved going to the Permian. S7 was the proof.

As with the dividends and buybacks it would be a complete waste of needed funds when it can be clearly seen they're desperately trying to increase production from the only zone they can drill to. Even that zone is now proving problematical with the unexpected finds of a much higher OWC. Its just more proof that after 11 years they still haven't a clue on the field.

But leave it to the experts eh.

[eddie47] 06/12/2020 13:11

The last RGS presentation showed a long term pressure drop gradient some 25% less than the GKP modelling. GKP claimed to be scratching their head as to the feed but it was then suggested to them that, like many Kuwaiti fields, it could be fed from below. LOL.

[bigdog5] 06/12/2020 12:59

Mac, great update and real amusing to see the usual clowns trying to pour "cold water" on your posts. One would have thought they would know better than to bother as its clear you get all your views correct.

Eleven years on, 36k a day (net 20k), reserves dwindling away and as you say the OWC is a great deal higher than anticipated so of course that will have a massive effect of the CPR figures of 4/5 years ago. Additional to that when the last 4/5 years production figures are subtracted from the P2 numbers shown in all the presentations I reckon they could now be a low as 250m net to company.

I note that a new rampfest has commenced across social media by the clueless trying to con others into thinking there's validity in comparing Total's oil at Sarsang to shaiCON. I was going to point out the difference between sludge and Total's very high quality oil but I see that BB has already done so.

Just managing expectations and all for free.

[mcfly02] 06/12/2020 12:57

I think I'm supposed to feel intimidated 😂😂😂

The fact you can't change is that the company news releases always prove me right.

Just to point out I won't be providing you with information before the RNS so you can trade your position 🖕🤡

[k4n4k] 06/12/2020 12:53

Steephill on the money.

[urals] 06/12/2020 12:41

#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

[urals] 06/12/2020 12:41

Busy bashing looks like :)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