Gulf Keystone Petroleum Share Discussion Threads

[sbb1x] 12/8/2021 08:02

Few at 163 then this jumps to 166 people

[highlander7] 12/8/2021 06:20

In other words Biden wants to increase "gas" prices in the USA to pay for his massive irresponsible Leftie spending plans and wants OPEC to cut Oil Prices to hide it ?

Dream on.

[highlander7] 12/8/2021 05:10

Indeed Steephill, this game has been playing out for a while now with key moves by some of the players.

Ex Directors converting options and buying shares , slip ups by Jon Ferrier at various AGM's, Sothics share transfer , what looks like Chinese due diligence studies on Shaikan , unexplained delays in Production , no rush apparently to increase production ( when they quite easily could ), ex Chairman Simon Murray "Ill be back " , the FDP issue being delayed ( still being negotiated ? ) but best of all a massive co ordinated troll-a-thon across all internet platforms.

Interesting times.


IMO

[steephill cove] 12/8/2021 01:06

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). Payout of Dividend. Tick
2). Payout of Special Dividend. Tick
3). Restart of GKP upgrade to 55000 BOPD. Tick
4). Bringing forward the delivery timeframe of the GKP BOPD upgrade. Tick
5). Setting out his ESG intention in respect of a reduction in Gas Flaring at Shaikan. Tick
6). Announcement of GKP share buyback of upto 10 percent of all stock, which will be retired from the marketplace.
7). Deliver 55000 BOPD by Q4 2021.
8). 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 8 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.

Even more so, when not a single GKP current Board Director or an ex GKP Board member, has been allowed reinvest their dividends ;-)

So keen to vest, but so reluctant to reinvest. Why ;-)

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.

[bigdog5] 12/8/2021 01:00

Water problem?

Could the hosts charity of choice come to the rescue?

[sbb1x] 12/8/2021 00:08

EIA: US crude stocks at Cushing fell last week to lowest since Nov 2018.

[nestoframpers] 11/8/2021 22:40

German Consulate Erbil
@GermanyInKRI
Stability in #Iraq and #KRI in view of upcoming elections were on the agenda of meeting with Deputy Prime Minister
@qubadjt
.

[nestoframpers] 11/8/2021 20:37

'Chock Full Of Stupid Stuff': John Kennedy Explains 'No' Vote On Bipartisan Infrastructure Bill



A bit like Boris's Gov and the Covid Bill hardly anyone knows what is in it.

[pensioner2] 11/8/2021 20:36

Having dropped to 69.5 earlier, Brent is now over 72.

[nestoframpers] 11/8/2021 19:55

Iran threatening to do what Turkey have been


BasNews English
@EnglishBasNews
·
19h
Iran has called on Iraq to "be more serious" about expelling the opposition groups present in the Kurdistan Region, warning of precautionary actions if they are not removed from the area, a report said on Tuesday.

[nestoframpers] 11/8/2021 19:51

ERBIL (Kurdistan 24) – The United Kingdom’s new ambassador to Iraq on Monday applauded the Kurdistan Region’s reform efforts in his meeting with a top Kurdish official in Erbil.

Mark Bryson-Richardson, the new UK ambassador to Iraq, met with President Masoud Barzani, the leader of the Kurdistan Democratic Party (KDP) and former president of the Kurdistan Region in Erbil on Monday.

The two discussed the latest political developments in Iraq and the Kurdistan Region, as well as the upcoming Iraqi elections and political challenges, according to a statement from Barzani’s office.

The British envoy also applauded the “activated role of Peshmerga forces” and described the cooperation between the Kurdistan Region’s forces and the Iraqi army, the statement noted.

The bilateral relations between Kurdistan Region and the UK were also discussed, and Barzani wished the new envoy a success in his diplomatic endeavor.

Bryson-Richardson was installed as UK Iraq Ambassador on July 18, replacing Stephen Hickey.

[nestoframpers] 11/8/2021 19:47

Rudaw English
@RudawEnglish
·
5h
In a response to the political situation unfolding in Sulaimani, US ambassador to Erbil Matthew Tueller called for all sides to resolve their differences through political dialogue to find common ground and unify their positions.

[ian_hannam] 11/8/2021 19:45

#GKPThere's several paid sentiment bashers operating 24/7 on retail bulletin boards.BIGDOG with over 27,000 negative posts ALL ON GKP HERE (LOLOLOLOL) a chief among them .Here's just SOME of the funds these BROKERS KNOCKERS have been helping to build HUGE STAKES pre very obvious TAKEOVER . Couldn't make it up really . HTTPS://t.co/Z88zToqHbm

[ian_hannam] 11/8/2021 19:45

Bigdog:.RE-ITERATES CONVICTION GUIDANCE. BANG GONE !!!. "BUY AS MANY AS YOU CAN ASAP".TAKEOVER ANNOUNCEMENT THIS WEEK.YOU CAN TAKE THAT TO THE BANK

[bigdog5] 11/8/2021 19:29

h7 writes:-

"but they DID NOT sell them because they wanted rid of them as you are implying".

Why did they get rid of them then? Were the boys with violin cases sent round?

Wtf are you smoking.

You're looking an even bigger clown than usual.

Is steepy saying there's a hostile on the way? Value £1.50ps.

[steephill cove] 11/8/2021 18:46

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). Payout of Dividend. Tick
2). Payout of Special Dividend. Tick
3). Restart of GKP upgrade to 55000 BOPD. Tick
4). Bringing forward the delivery timeframe of the GKP BOPD upgrade. Tick
5). Setting out his ESG intention in respect of a reduction in Gas Flaring at Shaikan. Tick
6). Announcement of GKP share buyback of upto 10 percent of all stock, which will be retired from the marketplace.
7). Deliver 55000 BOPD by Q4 2021.
8). 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 8 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.

Even more so, when not a single GKP current Board Director or an ex GKP Board member, has been allowed reinvest their dividends ;-)

So keen to vest, but so reluctant to reinvest. Why ;-)

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.

[habshan] 11/8/2021 18:44

"Give us a larf and post up some old BS from the Guru on porosities and fractures."

Here's some new BS Bigdog, it's from you.

Why don't you "give us a larf" and explain how this works:-

"If and when the gas stops being flared the pressure will drop right across the field."