Gulf Keystone Petroleum Share Discussion Threads

[gulf_cnpc_petroleum] 27/3/2021 17:23

Just going from the recent presentation, PF current production capacity today It does seem it's all been a waiting game to transition to new FDP and new owners.

[gulf_cnpc_petroleum] 27/3/2021 17:23

Sold this WednesdayAt least 25quid

[gulf_cnpc_petroleum] 27/3/2021 17:23

As we all know , or should do , the company has at least $289m free cash year end 2021,and they not investing it in production...SOLD with the balance of net cash /debt po aid as divvy.The dividend could be $75m ,that's 25p per shareDefinitely be at least $50m that's 17.5 p per share

[gulf_cnpc_petroleum] 27/3/2021 15:44

Sold this WednesdayAt least 25quid

[gulf_cnpc_petroleum] 27/3/2021 15:43

As we all know , or should do , the company has at least $289m free cash year end 2021,and they not investing it in production...SOLD with the balance of net cash /debt po aid as divvy.The dividend could be $75m ,that's 25p per shareDefinitely be at least $50m that's 17.5 p per share

[gulf_cnpc_petroleum] 27/3/2021 15:42

Chinese "OIL GIANTS" , nice match for a "SUPER GIANT"Tick tock

[gulf_cnpc_petroleum] 27/3/2021 15:42

Just going from the recent presentation, PF current production capacity today It does seem it's all been a waiting game to transition to new FDP and new owners.

[bigdog5] 27/3/2021 15:41

Btw, there is more evidence that the Kozel barrels don't exist arriving in the coming weeks. How do I know? I'd feign modesty but who would believe:-)

[bigdog5] 27/3/2021 15:34

Huge downgrades to reserves and they've had to add in the C numbers to try and make the numbers look better. 55k has now been delayed to 2022 as I predicted some time ago and the oil agreement is in tatters yet again. It can be clearly seen that the company have consigned all the Kozel BS to the dunny and the latest (4th in 12 years) CPR confirms that.

Seven days ago the delusional suckers here were predicting a great week and were getting all lathered up for the umpteenth time about an oil agreement, which true to form has failed yet again. Then in the midst of the oil price falling to where it should be at less than $60 they've got all excited about a oil tanker (yes does apply to h7 as well) that's shut the Suez.

Paltry production numbers after 12 years considering the $2b+ spent and only recently managed to get back to 40k a day. Four CPR's and the most recent stating clearly a massive downgrade that requires the addition of the pie in the sky C figures to make them look better.

Now the clueless morons are conning themselves and anyone daft enough to believe them that a takeaway is in the offing, for the umpteenth time.

If anyone was interested and if the field was any good why hasn't anyone bought the company when it could have been taken for far less than its current overinflated SP? The reasons are obvious, the field isn't anywhere as good as it was hyped up to be and the Kozel barrels don't exist.

Twelve years on and the story CONtinues.

[gulf_cnpc_petroleum] 27/3/2021 13:14

Just going from the recent presentation, PF current production capacity today It does seem it's all been a waiting game to transition to new FDP and new owners.

[eddie47] 27/3/2021 13:02

I think you'll find that capacity is actually much higher than 50k.

[gulf_cnpc_petroleum] 27/3/2021 12:56

Current production capacity is 50k today.I wonder.

[beernut] 27/3/2021 11:04

And another Eddie.

PetroChina set to be world’s top spending driller
PetroChina, China’s biggest oil company, plans a 239 billion yuan ($37 billion) capital spend this year, making it the world’s top spending oil firm in 2021, beating the likes of Saudi Aramco and ExxonMobil.

[eddie47] 27/3/2021 09:35

Sinopec Group is wholly owned by the China State-owned Assets Supervision and Administration Commission. It is China's largest supplier of oil and petrochemical products as well as one of the largest oil and gas producers and plays a key policy role in implementing China's retail fuel-price mechanism.

[eddie47] 27/3/2021 09:33

Dont forget Sinopec. They have planned to spend over $30bn on overseas assets since 2017. But how much have they spent so far?The company's push falls under a broader Chinese government initiative, dubbed "One Belt, One Road," a giant plan to strengthen China's investment, influence and trade links to the rest of the world. It's meant to increase the country's global clout, to help China shore up access to energy resources and to seek growth abroad as the domestic economy slows.

[highlander7] 27/3/2021 08:30

60% drop in profits ? They wont accept that this year.

[bluehorseshoe_loves_gkp] 27/3/2021 08:23

Chinese "OIL GIANTS" , nice match for a "SUPER GIANT"Tick tock

[bluehorseshoe_loves_gkp] 27/3/2021 06:49

AgreedHTTPS://www.gulfkeystone.com/investors/presentations/No wonder CNPC have bought GULF

[bluehorseshoe_loves_gkp] 27/3/2021 06:49

LSEIs a screamThe EFFORT going in to talking the value of GKP downIs UNBELIEVABLE!