Gulf Keystone Petroleum Share Discussion Threads

[marmar80] 16/7/2021 08:12

"Oil drops, heading for biggest weekly fall in months"https://uk.investing.com/news/commodities-news/oil-falls-a-third-day-as-supply-worries-mount-2418002"Nonetheless, the brokerage maintained its forecast for Brent to average $76 a barrel in the third quarter of 2021 and $80 a barrel in the fourth quarter."

[ian_hannam] 16/7/2021 06:00

Buy as many as you canTAKEOVER ANNOUNCEMENT IMMINENTTHATS WHY THE CLOWNS HERE 24/7

[ian_hannam] 16/7/2021 05:59

BIGDOG RE-ITERATES GUIDANCE. "SHAMARAN deal Metric indicates 10 quid minimum , More likely 25 quid plus". . GKP is the strongest "CONVICTION BUY" I have seen in my Wall Street career. "HOSTILE TAKEOVER BATTLE LOOKING INCREASINGLY LIKELY AND IMMINENT"BIGDOG added :)

[ian_hannam] 16/7/2021 05:59

Yes BIGDOG I Agree,. I'd expect to see a bid hostile or friendly within days It's very key that no PDMRs took huge tax free cash windfalls, when they could ,but chose to buy lots of stock instead, and now don't buy more with divs.......lolWe should see CORPORATE ACTIONS VERY soonThe PDMR have been taken inside the DEALMEANWHILE THE OBVIOUS HEADCASES WILL CONTINUE TO TRY TO CON YOU OUT HEREINCESSANTLY

[ian_hannam] 16/7/2021 05:59

Bigdog, 26 THOUSAND 563 postsYES 26,563!! All HEREKNOWHERE elseThe ultimate BUY SIGNALLOLOLOL

[sbb1x] 15/7/2021 22:33

Just noticed SC posted on the GENL board lolListen SC These will be low 160s in 1st week of August. Stocks go up and stocks go down.We all want to be the bigman but market mafia control everything.See you at 162 very soon big love The lion king x

[sbb1x] 15/7/2021 22:28

Might get these for 172 tomorrow

[nestoframpers] 15/7/2021 21:54

Rudaw

ERBIL, Kurdistan Region — Prominent Shiite cleric and head of the Iraqi parliament’s largest bloc Muqtada al-Sadr on Thursday announced he will not run in the October election and withdrew his support for the current and upcoming governments.

“In order to preserve what is left of the nation and to save the nation that has been burnt by the corrupt and is still burning, I inform you that I will not be participating in the elections. For the nation is more important than all of that,” Sadr said in a televised speech.

“I announce that I am withdrawing my hand from all those who are working with this government, the current and the upcoming, even if they had allegiance to us, the family of Sadr,” he added.

Sadr’s announcement comes three months ahead of the parliamentary election and days after a deadly fire swept through a coronavirus ward at a Nasiriyah hospital, killing dozens and igniting public anger against the government.

“I am not one that runs from responsibility, but what is happening in Iraq is part of an evil international scheme to humiliate, subjugate, and burn the people, because they are afraid of the arrival of reformists who will clear out corruption for the love of their country. So let them take all the positions and leave the homeland for us,” Sadr said.

[bigdog5] 15/7/2021 21:45

I note the test tube washer has had a crack at trying to be funny.

They're going to need a filled to spill sense of humour in the coming months.

[bigdog5] 15/7/2021 21:21

"How long ago was Kozel now, yet he has to mention him in almost every post".

But he's posting here and saying the same things as Paul the Stockport idiot is so I thought it an opportune time to confront him:-)

Hey Mac you've obviously scared habSCUM off with your "copy his posts" for later ridicule. He's probably joined up with rovershyte, shediak, poco pico, welski and th rest of the BS gang.

Hey Broadford are you suggesting that there are other wells that are not "performing to expectations"?

[nestoframpers] 15/7/2021 21:13

oooh ! how are they going to pay ?

Kurdistan 24 English
@K24English
·
10h
The KRG and German railway giant Deutsche Bahn are expected to sign a MOU next month for a railway system across the Kurdistan Region

[nestoframpers] 15/7/2021 20:29

Date Time Trade Prc Volume Buy/Sell Value
15-Jul-21 17:32:52 178.604 3,153 Sell* 5,631 O
15-Jul-21 17:22:49 179.998 511 Buy* 919.79 O
15-Jul-21 17:13:49 179.115 7,206 Sell* 12.91k O
15-Jul-21 17:13:22 178.59 2,707 Sell* 4,834 O
15-Jul-21 17:12:16 179.823 11,752 Buy* 21.13k O
15-Jul-21 17:11:48 179.845 1,343 Buy* 2,415 O
15-Jul-21 17:07:54 179.249 16,131 Sell* 28.91k O
15-Jul-21 16:57:50 179.016 1,386 Sell* 2,481 O
15-Jul-21 16:54:35 179.224 1,000 Sell* 1,792 O
15-Jul-21 16:35:02 178.60 40,074 Sell* 71.57k UT
15-Jul-21 16:29:55 180.00 5 Buy* 9.00 O

UT was a GKP buy .

[davr0s] 15/7/2021 19:52

Are we sold yet? No - well I'm shocked. I'll be back in a month to say the same thing

[nestoframpers] 15/7/2021 19:51

£925 buy must have been GKP , loads more where that came from . If GS are saying $80 you can have a safe bet it will be higher , that is when they want the punters to sell.

[broadford bay] 15/7/2021 19:34

The company has already prepared the ground for the positive news from SH-13 to be somewhat tempered by less than positive news.

From the Ops Update of 11th June:
"... average year-to-date production of 43,600 bopd...we now expect to increase gross production TOWARDS 55,000 bopd in Q4 and to be at the upper end of 2021 guidance (40,000 - 44,000 bopd) as we continue to develop..."
(CAPS are mine)

Simple arithmetic people; a couple of months of, say, 4,000 bopd from #13 would have taken the average to well over 44,000 - but he didn't say "...to slightly exceed".

Go figure.

[k4n4k] 15/7/2021 19:24

Some quality from Steephill cove then along comes bigdog5 and tries to ruin it!

[bigdog5] 15/7/2021 19:11

Where's the accelerated S13 results? Is there an issue?

Heavy oil value $1.2 after the Shamaran deal?

After the next divi share price 1.5p?

Another Major exiting the last great frontier.

What's to like about that?

[sbb1x] 15/7/2021 18:32

Sheep don't follow me, Lions do.

[beernut] 15/7/2021 18:18

Goldman Bullish On Oil Despite Saudi-UAE Agreement

By Irina Slav - Jul 15, 2021, 9:00 AM CDT
Goldman Sachs has reiterated its $80 price forecast for Brent crude despite reports that Saudi Arabia and the United Arab Emirates had reached a deal on oil production that will extend the OPEC+ deal until the end of next year.

Crude oil fell after the news of the Saudi-Emirati agreement broke as the uncertainty surrounding the future of the OPEC+ deal and OPEC itself disappeared. Yet, the agreement will mean more UAE oil coming to the market. It also means further pressure from the Emirates to boost production in the future.


However, later on Wednesday, the Emirati News Agency wrote, citing the Ministry of Energy and Infrastructure that "deliberations between the concerned parties are still going on and that an agreement had not been reached yet."

Earlier this month, the UAE blocked a deal on OPEC+ raising oil production from August, making any agreements contingent on revising the "unfairly low" Emirati baseline from 2018. The UAE was insisting on a higher baseline from which to calculate its quotas because the 2018 figure hadn't reflected the country's expanded production capacity. The UAE has ambitions to raise its oil production capacity to 5 million bpd by 2030, from around 4 million bpd now.

Now, if an agreement is indeed reached, the UAE will be allowed to raise its baseline production level to 3.65 million bpd but only when the current deal expires in April next year. That would be up from 3.17 million bpd as the current production baseline for OPEC's third-largest producer.

Goldman has been one of the most bullish banks when it comes to oil. It has stuck to its $80 for Brent this year no matter the latest developments. The bank still expects the oil market to sink into a deficit of as much as 5 million bpd by the end of this year because of the strong rebound in demand that we are already witnessing.

"The magnitude of the coming change in the volume of demand -- a change which supply cannot match -- must not be understated," the investment bank said in April.

[steephill cove] 15/7/2021 18:05

GKP has already retested 200p + after a 52 week high at 202.5p and it is now a bull flag breakout targeting 300p, looking highly likely too with:-1) Peel Hunt set a GKP BUY target of 275p per share on 11/6.2) GKP MACD has now turned upwards on the GKP chart after the 1st GKP Dividend pay out was made on 2/7.3) The 2nd GKP Special Dividend payment is due to be paid in just 23 days time on 6/8 & there will be increased institutional & PI buying pressure to buy in & qualify for the Special Dividend by 29/7 (T+1) before the record date cut off of 30/7.4) GKP about to imminently launch a 10 percent share buyback of 21.3 MILLION shares & then retire them.5) Shaikan 13 well has been in progress ahead of schedule & the drill results are due any day now, taking GKP Shaikan BOPD production up from circa 43600 BOPD to 50000 BOPD.6) Shaikan I to commence shortly after Shaikan 13 result & also the fitting of 2 ESPs into existing wells to raise GKP Shaikan BOPD production up from 50000 to 55000 BOPD by Q4 2021Miss in, miss out ;-)

[steephill cove] 15/7/2021 17:59

Jon Harris the new CEO of GKP is clearly a man on a mission.That mission is to release the value in Shaikan & to increase the GKP SP, so that a hostile predator will have to pay fair market value.He set his stall out from the get go, with a personal Director share purchase of 30000 GKP shares @ 171p per share on 14/4/21 costing him 51165 pounds sterling.He put his money where his mouth was & immediately got skin into the game, no doubt influenced & advised too by fellow board members who had made astute GKP purchases in the prior year.Garrett Soden (Non Executive Director) who purchased of 70000 GKP shares @ 92p per share on 15/7/2020 costing him 64666 pounds sterling & Ian Weatherdon (CFO) who purchased 50112 GKP shares @ 80p per share on 1/5/2020 costing him 39989 pounds sterling.Jon Harris clearly saw value at 171p on 14/4/2021 & since then he has made fundamental decisions to drive the GKP share price forward.1). Announcement of Dividend.2). Announcement of Special Dividend.3). Announcement of GKP share buyback of upto 10 percent of all stock, which will be retired from the marketplace.4). Restart of GKP upgrade to 55000 BOPD.5). Bringing forward the delivery timeframe of the GKP BOPD upgrade.6). Set out his intention to accelerate the timeframe of the GKP Field Development Plan & the move to 75000 & then 110000 BOPD.As a result GKP are now firmly in the shop window.It is my belief that GKP have been carefully advised by Perella Weinberg & in particular Daniel Yergin, because GKP is clearly The Prize in Kurdistan.A Supergiant onshore oilfield with one of the lowest lifting costs per barrel on the planet, namely $2.5 to $2.9/bbl gross unit Opex.Indeed Perella Weinberg have a direct link with their former employee, Gabriel Papineau-Legris sitting as CCO sitting inside the GKP boardroom, (which ironically GKP do not openly state this link, in their Board & Management Senior Management biography for him on the company website).International Oil Companies hands are being forced through competitive pressure & now they know it.Peel Hunt setting a GKP buy target of 275 per share on 11/6/2021 is merely the opening gambit in the start of an overall GKP rerating. IOCs have two clear choices.Right now, they will have to pay a more appropriate rate for every GKP share they purchase daily on the sly, via a Concert Party approach & they will need to accelerate those GKP share purchases more quickly.Or they delay & the overall cost of taking out GKP at a later stage will become far greater, through points 1 to 6 above, being underpinned by a rising oil barrel price & an ever tightening oil supply, as the world begins to start to unwind out of the COVID19 pandemic. Former Senior GKP Board Members, have the inside track.Their recent individual actions underpin the above.Jon Ferrier ex CEO GKP (999453 GKP shares) now owns 0.46 percent of GKP.Sami Zouari ex CFO GKP (861162 GKP shares) now owns 0.40 percent of GKP. A hostile predators hand is being forced & that is another 0.86 percent of GKP, that will be safely held & they will not prise out until takeover.Ex GKP CEO Jon Ferrier & ex GKP CFO Sami Zouari, were never really known for their urgency with GKP, but both have all of a sudden vested & taken GKP shares rather than huge personal tax paid cash windfalls.They know things are hotting up.New CEO Jon Harris has taken very positive steps, providing strategic clarity through visible leadership & first class communication press releases, that are clear & easy to understand.PI investor confidence is returning & the GKP story is about to play out, before our very eyes to a successful conclusion.

[mrtoddkozel] 15/7/2021 17:46

Buy as many as you canTAKEOVER ANNOUNCEMENT IMMINENTTHATS WHY THE CLOWNS HERE 24/7