Gulf Keystone Petroleum Share Discussion Threads

[habshan] 23/2/2021 17:50

"So as I keep saying the real NETT percentage that the company can speak of is 58%."

There is NO PSC amendment that you speak of Sarah. It does not exist.

Which is why in every communication from the company they tell you:-

"The Shaikan Field in which GKP has an 80% working interest ("WI")."

So what is this imaginary and nonsensical "real NETT percentage that the company can speak of is 58%."

What does "real NETT percentage that the company can speak of is 58%" mean.

It's gibberish.

[pensioner2] 23/2/2021 17:48

Recent afters are at a big premium to the close. Shorts unwinding or news in the pipeline?

[bigdog5] 23/2/2021 17:42

So as I keep saying the real NETT percentage that the company can speak of is 58%.

Even then its the hosts oil so its only about production really which as we've seen for years hasn't progressed much since 40k a day was achieved back in 2014.

Many more wells but the reserves are decreasing by the hour and are much less than the previous CPR back in 2016. But all you delusional clowns were predicting huge numbers when the next one was announced. That didn't go to your ramping plan did it:-)

[bigdog5] 23/2/2021 17:32

How's the con imminent takeaway going Paul? Six years now isn't it.

Has there been any of your 50 or so avatars that haven't predicted one?

Did you give up on rovershyte because I was making them look as stupid as I make h7 look? Still, that's what happens when all they have is lies innit:-)

[habshan] 23/2/2021 17:28

"Based on a 58.0% Working Interest subject to the execution and consummation of the Second Shaikan Amendment"

And where is the RNS saying that the PSC amendment has been executed and consummated then Sarah.

[bigdog5] 23/2/2021 17:24

As of Presentation 22/9/16

(4) Based on a 58.0% Working Interest subject to the execution and consummation of the Second Shaikan Amendment, as envisaged by the Bilateral Agreement between the Company and the MNR announced
on 17 March 2016

22/9/2016

GKP's net working interest Shaikan 2P Reserves has increased from 348 million barrels of oil to 360 million barrels,
now reported on a 58% working interest basis(1)


Until the recent downgrade to 505m GROSS of course.

I make that 292m and falling by the hour. I believe I predicted the next CPR would show a nett figure lower than 300m. Another prediction of mine spot on.

I'm rather good at predictions innit:-)

[sbb1x] 23/2/2021 16:58

New 52 week high hit today 177.Oil data out tonight.... I can tell tge GKP haters aren't looking forward to that. Lol

[hugo short] 23/2/2021 16:50

Decent coin today.

[bigdog5] 23/2/2021 16:46

I prefer to think that a few of us bring some balance with the facts as opposed to the clueless clowns that have ramped up this share for ten years based on BS predictions and opinions that are clearly a very long way from the truth.

[shortsqueezer] 23/2/2021 15:48

Well they won't be getting any of mine which are held at Barclays. Plus, another dip like that and I will be adding.

[lifeson] 23/2/2021 15:42

No idea MASSIVETAKEOVER, never sold one since start of 2012 so holding for huge dividends or more likely sale. All we need is patience and I've got plenty of that.

[pensioner2] 23/2/2021 15:41

Yep, they're picking up from retail. Both HL and II slightly down and Barclays and Shroders out of top 10.

[pensioner2] 23/2/2021 15:14

If this had been Bitcoin that fishing trip could have been concerning but as it's a physical commodity in a strong uptrend it's nothing more than mm's looking for liquidity.

[toddkozel] 23/2/2021 15:04

3 of the top 5 holders have added nearly 3,000,000 more this monthHTTPS://twitter.com/Paul47293202/status/1364217832733614085?s=19

[pensioner2] 23/2/2021 14:55

Not sure about depressing - certainly a bit tempting.

[purple11] 23/2/2021 14:49

well this is all v depressing