Gulf Keystone Petroleum Share Discussion Threads

[mr_todd_kozel] 15/8/2021 09:30

HTTPS://twitter.com/Paul47293202/status/1426067625302441984?s=19

[shortsqueezer] 15/8/2021 09:30

That's good news. I've not seen any reports of oil being transferred to Baghdad yet though. That would really signal that the agreement is being fully implemented.

[highlander7] 15/8/2021 09:17

Fun and games indeed.

[habshan] 15/8/2021 07:50

A second budget payment on it's way to Erbil a month after the first one, let's hope that both sides can keep it all together and this is the start of a regular payment cycle.

2021-08-14 20:34

Shafaq News/ The Federal Government of Iraq issued a decree to transfer 200 billion dinars to the Kurdistan Region, a part of its share of the current year's Federal Budget.

The Iraqi Official News Agency, INA, quoted the Representative of the Kurdistan Regional Government (KRG) in Baghdad, Fares Issa, "the Federal Government has formally written to the Federal Ministry of Finance to disburse the funds for the benefit of the Region."

"KRG's Representation has also received a copy of the decree," he added.

On July 11, a source in KRG told Shafaq News Agency that the Federal Government had deposited 200 billion dinars in the KRG's account as an advance to pay the salaries of the public servants.

[ian_hannam] 15/8/2021 05:50

AUGUST PRIVATE CLIENT note:. WOOD MACKENZIE SEE GKP as the most attractive indy E + P for IOC TAKEOVER . MINIMUM EXPECTATION . 25 QUID PLUS IN M + A

[ian_hannam] 15/8/2021 05:50

out in force last night Lolololol, no doubt promoting investors.... Not:) #GKPThere's several paid sentiment bashers operating 24/7 on retail bulletin boards.BIGDOG , HABSCAM,KURDMAN, DAVROS, , BROADFRAUD,NOBULL , ETC with over 36,000 negative posts ALL ON GKP HERE (LOLOLOLOL) THEY ARE HERE TO OBFUSCATE,RIDICULE, DIVERT, ATTENTION,FROM THE MOST OBVIOUS TAKEOVER EVER!!!KEEP RETAIL OUT ...LOL.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

[highlander7] 15/8/2021 05:13

And H7 wouldn't have to live in make believe business world where people buy not what you own but pay you for what they might negotiate (pay for: better PSC etc) later.


Thats not what I said Digby , I did say that usually when a new owner takes over a new PSC is part of the arrangement. Typically it wont include any extension to the original duration but just changes to terms (although it could). The current PSC is also biased in favour of the Kurds so any buyer would want a better deal. Which makes sense if you think about it. When you buy a house you negotiate the price.

As for the delay in Production issues there are a few theories around. (a) GKP stopped investing until regular payments resumed. (b) A buyer was carrying out due diligence on the wells - so work stopped while this was been carried out (c) Its sold (d) Long term planning as Habshan pointed out. Take your pick.

IMO

[nestoframpers] 14/8/2021 22:20

That's what Bob used to say Habshan spot on , oh sorry! I mentioned Bob again . It is a real fear for the Trolls Bob and his superior knowledge that is , one glimpse of Bob's sandal and they'd spontaneously combust. RIP Bob, your best off out of this sordid money chase. Not sordid for the Kurds though they need this most.

[habshan] 14/8/2021 21:04

"Why are they giving away $50m when they could drill those sectors and share price would be higher based in high flow rates."

I don't think that's a question for this board Digby.

There's a webcast after the HYR in a couple of weeks, why don't you e-mail them the question, although I suspect it's not just a case of simply drilling more wells and that it's more to do with the capacity of the existing production facilities and the limitations of the existing old agreed phase zero FDP which is what they're currently working to. Like the Butmah those other zones will be for the future and will be developed under future FDPs.

It all costs a great deal of money and takes a great deal of resources which is why it is phased accordingly, as Ferrier and Catterall have said they want to take their time and get it right.

And I think that as far as Kurdish IOCs are concerned their share prices are about a lot more than production, I think that once the politics and the Oil Law get sorted there will be a huge inflow of investment into the Kurdish oil sector and the brakes will come off.

IMO.

[ian_hannam] 14/8/2021 20:20

AUGUST PRIVATE CLIENT note:. WOOD MACKENZIE SEE GKP as the most attractive indy E + P for IOC TAKEOVER . MINIMUM EXPECTATION . 25 QUID PLUS IN M + A

[ian_hannam] 14/8/2021 20:19

Several out in force Lolololol, no doubt promoting investors.... Not:) #GKPThere's several paid sentiment bashers operating 24/7 on retail bulletin boards.BIGDOG , HABSCAM,KURDMAN, DAVROS, , BROADFRAUD,NOBULL , ETC with over 36,000 negative posts ALL ON GKP HERE (LOLOLOLOL) THEY ARE HERE TO OBFUSCATE,RIDICULE, DIVERT, ATTENTION,FROM THE MOST OBVIOUS TAKEOVER EVER!!!KEEP RETAIL OUT ...LOL.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] 14/8/2021 20:19

They are waiting for the new owners to implement the 400k +FDP

[officerdigby] 14/8/2021 20:17

Hab, if the more prolific intervals are not drilled or tested or flowing what are they waiting for? Why are they giving away $50m when they could drill those sectors and share price would be higher based in high flow rates. We wouldn't have quibble about the tight PSC ( it is tight!). And H7 wouldn't have to live in make believe business world where people buy not what you own but pay you for what they might negotiate (pay for: better PSC etc) later.Fine go back to trucking the excess after all pipeline only saved $2....Or are we back in the there's a secret and GKP have keep it story? Keep it while refinancing keep it while giving away reserves keep it while wondering what to do with the gas etc?

[ian_hannam] 14/8/2021 19:30

AUGUST PRIVATE CLIENT note:WOOD MACKENZIE SEE GKP as most attractive indy E and P for IOC takeover . MINIMUM expectation 25 QUID PLUS IN M + A scenario

[ian_hannam] 14/8/2021 19:30

Several out in force Lolololol, no doubt promoting investors.... Not:) #GKPThere's several paid sentiment bashers operating 24/7 on retail bulletin boards.BIGDOG , HABSCAM,KURDMAN, DAVROS, , BROADFRAUD,NOBULL , ETC with over 36,000 negative posts ALL ON GKP HERE (LOLOLOLOL) THEY ARE HERE TO OBFUSCATE,RIDICULE, DIVERT, ATTENTION,FROM THE MOST OBVIOUS TAKEOVER EVER!!!KEEP RETAIL OUT ...LOL.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] 14/8/2021 19:29

Why can't you stop oxygenating fraudsters?