Gulf Keystone Petroleum Share Discussion Threads

[habshan] 31/3/2021 18:18

Article 11, which parliament has just approved specifies that the Kurds must produce not less than 460kbpd and send the revenue from 250kbpd of that to Baghdad at the SOMO price.

So it's hard to see how Baghdad can now maintain their stance that the production marketing and export by the Kurds of their oil is unconstitutional and is hence illegal.

It therefore follows that the Kurds should no longer have to sell their oil at a discount of some $10 to the SOMO price.

Acknowledgement of the legality of Kurdish oil should now open the door to a unified Hydrocarbon Law.

[bluehorseshoe_loves_gkp] 31/3/2021 18:06

SOLD ANNOUNCED WELL BEFORE JUNE 25

[habshan] 31/3/2021 18:03

"...at the price of SOMO".

That was always a point of contention and it's just one part of the deal.

But the Kurds have agreed to it so they must be happy with the overall deal and they've got their 12.67% share of the budget that they wanted.

[broadford bay] 31/3/2021 17:53

...and therein lies the little worm:

"...at the price of SOMO".

[pensioner2] 31/3/2021 17:38

Bent markets and big prizes, Sbb.

[sbb1x] 31/3/2021 17:25

How are gkp and genl under 200.Talk about rigged

[highlander7] 31/3/2021 17:24

Bigdog5 31 Mar '21 - 15:02 - 627475 of 627487

You clowns guess, spin and lie whereas I get my predictions correct by using the facts.


LOL

[ammu12] 31/3/2021 16:37

Genel and gkp will be up 10% tomorrow

[pensioner2] 31/3/2021 16:23

Great stuff, Habshan. No wonder they've been messing with the share price all day. :-)

[habshan] 31/3/2021 16:21

7 minutes ago

"Iraqi parliament passes article on Kurdistan Region share in budget bill."

ERBIL, Kurdistan Region — Iraqi parliament has passed Article 11 of the federal budget bill, which concerns the Kurdistan Region's share, reports state media.

The article that was passed was an amended version in which the KRG will hand over the revenue of no less than 250,000 barrels at the price of SOMO to Baghdad,” Hope coalition MP Ahmad Haji Rashid told Rudaw English.

The Kurdistan Region's share is 12.67 percent of the budget.

[pensioner2] 31/3/2021 16:02

Genel like a yo-yo too, as is Brent. Politics and payments, eh?

[k4n4k] 31/3/2021 15:51

Everyone back on the bus 🤠

[pensioner2] 31/3/2021 15:51

:-):-):-):-):-):-):-):-)

[k4n4k] 31/3/2021 15:30

Arf Arf 🐕

[gulf_cnpc_petroleum] 31/3/2021 15:18

26,000 times LOLOLOLOL

[bigdog5] 31/3/2021 15:12

1.7p after 11 years, 13 wells, 40k odd a day, way to go.

[gulf_cnpc_petroleum] 31/3/2021 15:08

Never ending 26,000plus Condog ...:))))

[bigdog5] 31/3/2021 15:02

The 55k a day looks to be another 12 months away at least whereas you morons were saying this Summer.

You clowns guess, spin and lie whereas I get my predictions correct by using the facts.

Still no oil budget agreement, is it really that close as Erbil have been saying for months? Not according to the outstanding issues as reported by Baghdad.

I note you suckers are excited about the dividend which was an obvious "carrot".

No buybacks as Paul's multi's and Sbb have been banging on about but that's no surprise. The hosts are paying back the overdue $75m debt in very small tranches so it would have been extremely unwise for the company to commence a programme of buybacks.

As for Paul's multi avatar constant six year BS of an imminent takeaway how long will it be before it dawns on you morons that no one is interested?

The Kozel barrels are not there, they were ramped out of all proportion. The field has many problems, its shrunk massively and as the latest CPR states notwithstanding the company are trying to "spin" the potential by desperately adding in the 3C numbers, the 2P has been downgraded. And as you clowns ought to understand its the 1P and 2P that are key and not the fantasy 3C.

Btw, the WI of 80% doesn't mean that's what they have. They have 58% or a bit more if GKPI is added.

Facts and reality, you're welcome.

[pensioner2] 31/3/2021 14:42

Paying over the odds now. Is the payment rns lodged for tomorrow?

[gulf_cnpc_petroleum] 31/3/2021 13:51

Well it be the prettiest :)

[pensioner2] 31/3/2021 13:49

You might never be right. It might become the 8th sister.

[gulf_cnpc_petroleum] 31/3/2021 13:42

Sold before June 25.

[gulf_cnpc_petroleum] 31/3/2021 13:42

Sold before Christmas