Gulf Keystone Petroleum Share Discussion Threads

[simonmurraycnpc] 23/12/2020 13:50

#GKPWhen @Gulf_Keystone announce sale their will be uproar , because overnight shareprice will increase by minimum 2,000%, perhaps >5,000%They have been bound by an implementation agreement.But their have been clues to what's coming.And here's one https://t.co/AJ5J5q2f8H

[simonmurraycnpc] 23/12/2020 13:50

Takeover BEFORE 2021 :) Here's a prudent valuation range: https://t.co/oPYCs2A83u

[bigdog5] 23/12/2020 13:48

h7 says, "Looking more promising than any time in the past 10 years"

LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOLLOL LOL LOL LOL LOL LOL LOL LOL LOL.

Massive issues with production and the field. Wet oil, pressure issues, gas flaring still to solve, reserves have taken a mullering with a likely downgrade to come.

The clown must have opened an early Xmas present to find Elton John sized rose tints.

China virus locking down the planet, Air Travel unlikely to ever return to 2019 levels, ESG's to alter the Investment world away from fossil fuel exploration, EV's production to accelerate big time. And poor old h7 reckons everything is marvellous for a few million barrels of heavy oil that's proving extremely problematic to get out of the ground. Its hysterical.

I note you lot are lathering up about some sort of agreement between Erbil and Baghdad. You must realise it won't last before the accusations start and it will be biscuit time again. Its been going on for longer than Paul has been cooking his bogus takeaways.

Any of Kozel's BS barrels been located yet? Eleven years on and none to be found. The biggest con since Enron?

[chicagojack] 23/12/2020 13:36

#GKPWhen @Gulf_Keystone announce sale their will be uproar , because overnight shareprice will increase by minimum 2,000%, perhaps >5,000%They have been bound by an implementation agreement.But their have been clues to what's coming.And here's one https://t.co/AJ5J5q2f8H

[chicagojack] 23/12/2020 13:36

Takeover BEFORE 2021 :) Here's a prudent valuation range: https://t.co/oPYCs2A83u

[chicagojack] 23/12/2020 13:32

You will be lucky .your pumpathon round Twitter LSE ADVFN is for once justified in spades .......Those of us who have done the detective work I've 3 yrs aren't lucky.

[sbb1x] 23/12/2020 13:28

We aren't that lucky!

[chicagojack] 23/12/2020 13:28

Min 2,000% upside probably in days :)

[chicagojack] 23/12/2020 13:22

I personally think we have a done friendly deal OAPwhich will be announced very soon2 weeks min for the SGM so way before Easter to complete and be delistedI also think the corporate flags suggest any competitive bids would have to come soonNow a hostile comp.....that would be great

[pensioner2] 23/12/2020 13:17

Come on, Simon. Your Christmas prediction isn't cold on the slab yet. Give yourself a chance - try Easter. :)

[simonmurraycnpc] 23/12/2020 13:13

Takeover BEFORE 2021 :) Here's a prudent valuation range: https://t.co/oPYCs2A83u

[simonmurraycnpc] 23/12/2020 13:13

#GKPWhen @Gulf_Keystone announce sale their will be uproar , because overnight shareprice will increase by minimum 2,000%, perhaps >5,000%They have been bound by an implementation agreement.But their have been clues to what's coming.And here's one https://t.co/AJ5J5q2f8H

[sbb1x] 23/12/2020 12:29

Is that blue I see....

[simonmurraycnpc] 23/12/2020 12:25

#gkp "production of 80 million stock tank barrels..clear testament to quality of asset, from which there remains SIGNIFICANT UNTAPPED POTENTIAL"Call it a round 1bn boe 2p+2c effectively all 2pEach $1bn paid on sale = £ 3.60/shareHow much have Perella auctioned it for?

[highlander7] 23/12/2020 12:08

Need an IOC to take us out and get production up


Of course we do. GKP doesnt have either the resources or expertise to manage a Project of the size required. The USA have plenty of INOCs and Project Management Companies who are more than capable. My old employer BECHTEL being one of them.

We must be close to a project "gate" by now. Finances in good shape: Production stable and will be rising: Payments fairly regular the political situation seemingly improving. Then a recognition by both KRG and ICG that they cant do this themselves and the OP outlook positive.

Looking more promising than any time in the past 10 years.

IMO

[beernut] 23/12/2020 11:54

Need an IOC to take us out and get production up

Iraq in ‘existential’ economic situation, finances worse than 2005: Finance Minister
Iraq’s newly appointed Finance Minister Ali Allawi, in an exclusive interview with AFP, announced that Iraq, economically, is in an existential condition that its financial situation is worse than the post-2003 liberation. author_image Halgurd Sherwani June 23rd 2020 08:06

COVID-19 Iraq
ERBIL (Kurdistan 24) – Iraq’s newly appointed Finance Minister Ali Allawi, in an exclusive interview with AFP, announced that Iraq, economically, is in an existential condition that its financial situation is worse than the post-2003 liberation.

Iraq’s vulnerable economy, whose source of revenue is heavily oil-dependent, has been experiencing a huge blow in the face of the COVID-19 pandemic outbreak in the country. Iraq is currently struggling to manage its bloated public pays with slashed oil prices that significantly dried state’s coffers.

Finance Minister Ali Allawi, who’s also Iraq’s finance minister in post-invasion period, recently reassumed the office to manage the country’s economic dire situation.

“The finances are worse than it was in 2005 or 2006,” Allawi told AFP, as he explained the current economic situation as “existential” for Iraq.

Iraq’s public payroll in the post-invasion was only a million employees while its public servants increased to 4.5 million with 2.5 retirees at an oil price around $35, AFP analyzed.

Allawi’s warning

The finance minister warned, during his interview with AFP, that Iraq could not be managed, economically, by hoping that oil prices would increase so it can cover the state expenses.

“If oil prices stay at this level for a year, and our expenses stay the same, without a doubt we’re going to hit a wall,” Allawi told AFP.

In order to save the economy from sinking, the finance minister said that he would propose an economic reform plan to Iraq’s Council of Representatives in three months, including austerity measures that last for two years, he added to AFP.

Besides the reform plan, he hopes to cut the high-paid bureaucrats stipend, access fund from the International Monetary Fund (IMF) and World Bank as well as to prevent “double-dripping” those who have more than a salary in the government, Allawi explained his intentions. He added that he would also work to boost Iraq’s non-oil revenues to thwart the potential shocks caused by oil’s price volatility.

Iraq’s post-US-led liberation economy was in a bitter shape as it had suffered more than a decade-long UN imposed sanctions due to the former Ba’athist regime’s notorious acts.

Iraq, according to International Transparency Index, is the 16th corrupt country in the world that more than $400 billion disappeared from public treasury following the 2003 invasion.

Editing by Karzan Sulaivany

[beernut] 23/12/2020 11:42

Details to be published later today.

PM Barzani Chairs Cabinet Meeting on Baghdad Negotiations
Basnews English 2020/12/23 - 13:34 Kurdistan


ERBIL — Chaired by Prime Minister Masrour Barzani, Kurdistan Region’s Council of Ministers on Wednesday convened to discuss the ongoing negotiations with Baghdad to resolve budgetary and oil disputes.

A day earlier, Deputy Prime Minister Qubad Talabani, who is leading the KRG negotiating team, said Erbil and Baghdad had reached an agreement on the 2021 budget draft that is sent to Parliament for approval.

Apparently Talabani has returned to Erbil to brief the council on the progress they have made in the negotiations.

Details about the discussions at the council are expected to be published later today.

[simonmurraycnpc] 23/12/2020 11:14

Takeover BEFORE 2021 :) Here's a prudent valuation range: https://t.co/oPYCs2A83u

[simonmurraycnpc] 23/12/2020 11:14

#GKPWhen @Gulf_Keystone announce sale their will be uproar , because overnight shareprice will increase by minimum 2,000%, perhaps >5,000%They have been bound by an implementation agreement.But their have been clues to what's coming.And here's one https://t.co/AJ5J5q2f8H

[steephill cove] 23/12/2020 11:04

HenryGondorff yet another ADFVN paid subscription deramper into the skip & still they keep coming :-)

[henrygondorff] 23/12/2020 11:01

Total con and I should know.

[simonmurraycnpc] 23/12/2020 09:57

Takeover BEFORE 2021 :) Here's a prudent valuation range: https://t.co/oPYCs2A83u

[simonmurraycnpc] 23/12/2020 09:57

#GKPWhen @Gulf_Keystone announce sale their will be uproar , because overnight shareprice will increase by minimum 2,000%, perhaps >5,000%They have been bound by an implementation agreement.But their have been clues to what's coming.And here's one https://t.co/AJ5J5q2f8H