Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 09/4/2021 14:45

Are you getting rattled by the facts h7 as evidenced by name calling? Is the 11 years of waiting for a very small portion of your money back frustrating and angering you? Are all of your failed opinions, predictions and views resurfacing and upsetting you?

Baghdad still say the PSC's are illegal. Xom departed ages ago as well as Mol and a few others. Those that didn't go bust of course.

BTW if all was fine between Erbil and Baghdad how come they've taken years and multi biscuit meets to get where they are now?

They need to negotiate an oil deal because Baghdad won't pay them any of the budget. If you can't grasp that simple fact its clear why you miss all the obvious problems. Btw, Baghdad don't like the PSC's and want to alter them. Any oil Law will need to sort that major problem out.

If the field was any good why hasn't any company taken it in the past 11 years ex industry clown?

[highlander7] 09/4/2021 14:23

Kurdistan is not a "Different Country" - it is a region of Iraq...no matter what other interpretation the Barzani- and associated clans prefer to imply.


Then why do they need to negotiate an Oil "Deal ? and why isnt the Iraqi Constitution fully implemented in Kurdistan ?

To all intents and purposes that is what it is classed as.

Wales is a region of the UK but classed as a country and devolved so whats the difference ?

[highlander7] 09/4/2021 14:21

As for h7's posts banging on about International contracts how does he account for all the issues between Baghdad and Erbil that refer to the Constitution and their different interpretations of it? Then there's the fact that Baghdad don't recognize Koruptistan PSC's.

------------------------------------------------------------------------------

Here's how Doggie.....


Article 141 of the Law No 22-2007 grants the KRG authority to amend or modify
any terms or clauses of oil and gas contracts concluded by the KRG with IOCs
before the enforcement of the Constitution that were inconsistent therewith, to
bring them in line with the relevant provisions of the Constitution.

C:UsersUserDownloadsKADIRGOLAM 2020 An investigation into the oil and gas contractual.pdf


BTW XOM proved the PSC's legal before they moved into Kurdistan.

[cnpc m and a lawyers] 09/4/2021 14:16

TAKEOVER price ? Well $5bn absolute minm IMO which would be about £ 17/shareBut that assumes 212m ISH shares in issue.Will they as they should have use extra unused debt facilities,to pay a proxy who should have been buying in for almost 2years ....to conc the issue ,and increase the value/share higher still ???tick tock

[cnpc m and a lawyers] 09/4/2021 14:15

BUY FOR ISA RECOMMENDED:Gulf Keystone (GKP): 175pThis one is relatively easy to sum up – currently producing a whopping 43,190 bopd from their Shaikan field in the Kurdistan region of northern Iraq and aiming to increase to 55,000 bopd by Q1 2022 beginning with the drilling of the SH-13 well in Q3 of 2021, GKP are valued at £369m and are sitting on a cash pile of $161mWith one of the lowest Opex around at $2.6/bbl, GKP are heavily leveraged to oil prices and with record production levels for 2021 must be loving these current oil prices – recently being described as a 'cash machine' by a well-known investment analyst. Also, with the resumption of regular payments to GKP from the Kurdish Regional Government ("KRG") for the last eleven months and the demise of ISIS political risk has diminished considerably. Repayment mechanisms are in place to recover outstanding arrears of $73.3 million too.?Confident enough to re-instate its annual dividend beginning with $25m this year and stating that with 'continuing strong oil prices, there may be opportunities to consider further distributions to shareholders this year". Growing production, growing cash, dividends back in place (possibility to grow), lowering costs, strong oil prices. Buy for growth and dividend. Risks have shifted from political to the oil price.

[bigdog5] 09/4/2021 14:00

Btw I did state a few weeks ago that the Oil price had overshot big time and the share price along with it. Then of course there was the clear huge downgrade to the 2P numbers which I also predicted and the company were forced to add in the C numbers to try and "soften the blow" for you suckers/stakeholders:-)

[cnpc m and a lawyers] 09/4/2021 13:59

BUY FOR ISA RECOMMENDED:Gulf Keystone (GKP): 175pThis one is relatively easy to sum up – currently producing a whopping 43,190 bopd from their Shaikan field in the Kurdistan region of northern Iraq and aiming to increase to 55,000 bopd by Q1 2022 beginning with the drilling of the SH-13 well in Q3 of 2021, GKP are valued at £369m and are sitting on a cash pile of $161mWith one of the lowest Opex around at $2.6/bbl, GKP are heavily leveraged to oil prices and with record production levels for 2021 must be loving these current oil prices – recently being described as a 'cash machine' by a well-known investment analyst. Also, with the resumption of regular payments to GKP from the Kurdish Regional Government ("KRG") for the last eleven months and the demise of ISIS political risk has diminished considerably. Repayment mechanisms are in place to recover outstanding arrears of $73.3 million too.?Confident enough to re-instate its annual dividend beginning with $25m this year and stating that with 'continuing strong oil prices, there may be opportunities to consider further distributions to shareholders this year". Growing production, growing cash, dividends back in place (possibility to grow), lowering costs, strong oil prices. Buy for growth and dividend. Risks have shifted from political to the oil price.

[cnpc m and a lawyers] 09/4/2021 13:59

TAKEOVER price ? Well $5bn absolute minm IMO which would be about £ 17/shareBut that assumes 212m ISH shares in issue.Will they as they should have use extra unused debt facilities,to pay a proxy who should have been buying in for almost 2years ....to conc the issue ,and increase the value/share higher still ???tick tock

[cnpc m and a lawyers] 09/4/2021 13:51

HTTPS://twitter.com/GoodnightCharl1/status/1380425999049981954?s=19

[bigdog5] 09/4/2021 13:50

If the field was any good isn't it reasonable and logical to believe one of the larger companies would have bought it in the past eleven years? For instance Cove were taken out fast after it was realised they had part of a decent asset.

As for h7's posts banging on about International contracts how does he account for all the issues between Baghdad and Erbil that refer to the Constitution and their different interpretations of it? Then there's the fact that Baghdad don't recognize Koruptistan PSC's.

Will Erbil supply Baghdad with all they want in order to receive their percentage of the budget? Is it likely they will keep doing so based on their history of payments?

The share price is 1.6p for multi reasons all of which the ramping trolls here totally ignore and dismiss.

[cnpc m and a lawyers] 09/4/2021 13:23

TAKEOVER price ? Well $5bn absolute minm IMO which would be about £ 17/shareBut that assumes 212m ISH shares in issue.Will they as they should have use extra unused debt facilities,to pay a proxy who should have been buying in for almost 2years ....to conc the issue ,and increase the value/share higher still ???tick tock

[pensioner2] 09/4/2021 13:16

That 50k buy was a late reported trade imo round about 10.20 when the reported "sells" shoved up the price. Games going on to give the wide boys a free lunch.

[broadford bay] 09/4/2021 13:13

Kurdistan is not a "Different Country" - it is a region of Iraq...no matter what other interpretation the Barzani- and associated clans prefer to imply.

[cnpc m and a lawyers] 09/4/2021 13:09

TAKEOVER price ? Well $5bn absolute minm IMO which would be about £ 17/shareBut that assumes 212m ISH shares in issue.Will they as they should have use extra unused debt facilities,to pay a proxy who should have been buying in for almost 2years ....to conc the issue ,and increase the value/share higher still ???tick tock

[cnpc m and a lawyers] 09/4/2021 13:08

HTTPS://twitter.com/GoodnightCharl1/status/1380425999049981954?s=19

[cnpc m and a lawyers] 09/4/2021 13:08

BUY FOR ISA RECOMMENDED:Gulf Keystone (GKP): 175pThis one is relatively easy to sum up – currently producing a whopping 43,190 bopd from their Shaikan field in the Kurdistan region of northern Iraq and aiming to increase to 55,000 bopd by Q1 2022 beginning with the drilling of the SH-13 well in Q3 of 2021, GKP are valued at £369m and are sitting on a cash pile of $161mWith one of the lowest Opex around at $2.6/bbl, GKP are heavily leveraged to oil prices and with record production levels for 2021 must be loving these current oil prices – recently being described as a 'cash machine' by a well-known investment analyst. Also, with the resumption of regular payments to GKP from the Kurdish Regional Government ("KRG") for the last eleven months and the demise of ISIS political risk has diminished considerably. Repayment mechanisms are in place to recover outstanding arrears of $73.3 million too.?Confident enough to re-instate its annual dividend beginning with $25m this year and stating that with 'continuing strong oil prices, there may be opportunities to consider further distributions to shareholders this year". Growing production, growing cash, dividends back in place (possibility to grow), lowering costs, strong oil prices. Buy for growth and dividend. Risks have shifted from political to the oil price.

[k4n4k] 09/4/2021 12:35

First one to pay 179 gets the Champers
#CityBoys

[bravedog] 09/4/2021 11:48

@Nest

What do you mean with fixing the dinar exchange rate. I thought a devaluation took place recently ?

[pensioner2] 09/4/2021 11:18

Rats leaving HMS short pants.

[the patriotic irishman] 09/4/2021 11:02

good question over on LSE 😲


User: CCC
Posts: 906
Price: 169.00
No Opinion
Date: Thu 18:51
RE: So from

Surrey.
In your 12 years, how many times have you sold or traded GKP?





I suspect CCC the short answer is... THOUSANDS 😲


IF NOT then the forums multi alias always positive (I do not post on advfn) doppelganger would be just like all the other 'genuine' long term (never selling) holders of those golden goose takeover tickets (post restructure and all that stuff) SERIOUSLY UNDERWATER 😉



SP 1.66p in genuine old timers money and NO its still not bang gone anywhere despite the tens of thousands of promotional posts promising an imminent otherwise 😂 😂 😂



anyway keep your eyes peeled as I'm expecting a new summer (or maybe winter) range of bang gone trolley lolly dollys to be getting rolling out soon 🤡

[k4n4k] 09/4/2021 11:01

Only an idiot would be short over the weekend. Where's bigdog🐕€021;🐕㈂1;🐕

🤠

[highlander7] 09/4/2021 10:20

One for " not now not ever" Broadfraud


International Contracts


International Contracts - Research Guide International Law

International business transactions are described in the form of an international contract, containing the objective(s) and commitments of each of the parties involved and the terms which govern the transaction. When parties from different countries enter into a contract, they are governed by international contract law unless they agree to abide by the laws of one of the countries. International contract law is a branch of private international law.

=========================================================================

I have no doubt that the KRG share a serious distrust of the ICG, So I would imagine extremely strict Contract Terms and Conditions will apply, as will the right to challenge any breaches of the contract in International Courts. Hence the above

IMO

[cnpc m and a lawyers] 09/4/2021 10:06

BUY FOR ISA RECOMMENDED:Gulf Keystone (GKP): 175pThis one is relatively easy to sum up – currently producing a whopping 43,190 bopd from their Shaikan field in the Kurdistan region of northern Iraq and aiming to increase to 55,000 bopd by Q1 2022 beginning with the drilling of the SH-13 well in Q3 of 2021, GKP are valued at £369m and are sitting on a cash pile of $161mWith one of the lowest Opex around at $2.6/bbl, GKP are heavily leveraged to oil prices and with record production levels for 2021 must be loving these current oil prices – recently being described as a 'cash machine' by a well-known investment analyst. Also, with the resumption of regular payments to GKP from the Kurdish Regional Government ("KRG") for the last eleven months and the demise of ISIS political risk has diminished considerably. Repayment mechanisms are in place to recover outstanding arrears of $73.3 million too.?Confident enough to re-instate its annual dividend beginning with $25m this year and stating that with 'continuing strong oil prices, there may be opportunities to consider further distributions to shareholders this year". Growing production, growing cash, dividends back in place (possibility to grow), lowering costs, strong oil prices. Buy for growth and dividend. Risks have shifted from political to the oil price.

[cnpc m and a lawyers] 09/4/2021 10:06

HTTPS://twitter.com/GoodnightCharl1/status/1380425999049981954?s=19