Gulf Keystone Petroleum Share Discussion Threads

[beernut] 17/8/2021 17:06

Got a “candlestick”on the sideboard, “doji” cats got a song in charts which has to be a positive charting move, latest chart looks like “Batman’s head “ and his mate well we have all the trolls “ Robin” us.
So that’s got me golden cross.

Never can follow charts but I’m calling that the bottom and my latest Divi has been reinvested today.

Gla

[mr_todd_kozel] 17/8/2021 16:58

BIGDOG RE-ITERATES GUIDANCE( on behalf of their boss MORGAN STANLEY). !!!!!! BANG GONE !!!. "BUY AS MANY AS YOU CAN ASAP".TAKEOVER ANNOUNCEMENT THIS WEEK

[mr_todd_kozel] 17/8/2021 16:58

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

[bigdog5] 17/8/2021 16:43

shortsqueezer17 Aug '21 - 16:32 - 637990 of 637990
0 0 0
"These idiots really are working hard aren’t they !"


Highlander7 has been desperately working hard with the con for over 10 years.

[shortsqueezer] 17/8/2021 16:32

These idiots really are working hard aren't they !

[highlander7] 17/8/2021 16:24

" Total's top quality API 36-39 oil sold very recently for $2pb "


Not correct. There were conditions leading up to that sale. Post your calculations , method and assumptions to back this up.

This is the 3rd time I have asked you. If you dont know how ask Broadfraud.

[mr_todd_kozel] 17/8/2021 15:45

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

[mr_todd_kozel] 17/8/2021 15:44

HTTPS://twitter.com/Paul47293202/status/1427330042997182468?s=19

[mr_todd_kozel] 17/8/2021 15:34

BIGDOG RE-ITERATES GUIDANCE( on behalf of their boss MORGAN STANLEY). !!!!!! BANG GONE !!!. "BUY AS MANY AS YOU CAN ASAP".TAKEOVER ANNOUNCEMENT THIS WEEK

[mr_todd_kozel] 17/8/2021 15:30

20billion would be 80 quid a share , a gross rip off nest , but liveable with

[mr_todd_kozel] 17/8/2021 15:29

BIGDOG RE-ITERATES GUIDANCE( on behalf of their boss MORGAN STANLEY). !!!!!! BANG GONE !!!. "BUY AS MANY AS YOU CAN ASAP".TAKEOVER ANNOUNCEMENT THIS WEEK

[bigdog5] 17/8/2021 15:24

Sbb1x you said by Summer oil would be $100pb and the company would be pumping the 5 year delayed 55k a day. They were pumping just shy of their current production SIX years ago.

You also said Genel would be doing far better. Are you in competition with the Stockport idiot getting zero correct.

Shouldn't you leave the predictions to those of us that have been getting them correct for years:-)

[highlander7] 17/8/2021 13:53

HEAVY OIL IN DEMAND

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

On the particular value of heavy crude

You might ask why I emphasize the importance of “heavy crude” since the activists like to claim that heavy crude is inferior to light crude. That is a common misconception.

Heavy oil is neither better nor worse than light crude. They are distinct products that have similar, but not the same, markets. Heavy crude needs to be refined in specially designed and built high-conversion refineries. These high-conversion refineries include expensive cracking and coking units, designed to break down the longer and heavier hydrocarbons into the smaller units used in gasoline, kerosene and diesel.

The simpler light crude refineries, meanwhile, don’t typically have these cracking and coking units. Ironically, this can mean that the light crude refineries can’t handle the heavier components in the light crude oils and so these refineries end up producing more undesirable byproducts (like petroleum coke) per barrel of input.

What this means is that the heavy oil refineries produce more Gasoline/diesel/kerosene per barrel of heavy crude oil than the light refineries do per barrel of light crude oil. As a bonus the complex heavy refineries produce a lot less waste petroleum coke per barrel which also reduces their costs.

This difference is called the “coking margin“. For the last couple decades the coking margin has exceeded the “crack spread” [the difference between the input costs and output value in a typical refinery]. As described in this document for the 10-year period between 1995 to 2005 the USGC Maya coking margin averaged $3.63 per barrel above the average of crack spread of $3.46 per barrel. That number has only increased in the intervening decades. That is why so many refinery owners have invested to increase the complexity of their refineries.

To explain the jargon, the Nelson Complexity Index is a measure of the sophistication of an oil refinery, where more complex refineries are able to produce more heavily refined, and valuable, products from a barrel of oil.

Having invested heavily into building these complex refineries, the owners will pay to get the heavy oil that optimizes their returns. This is why the light-heavy price differential has mostly disappeared in the last couple years.

As for the supply side of the equation, for decades Venezuela was a major exporter of heavy oil but thanks to bad government and lack of investment Venezuela has dropped from exporting close to 3 million barrels a day in 2000 to nearly zero in 2020. That 3 million barrels a day is almost 6 times the volume that can be moved in Line 2 of the TMX. Now let’s look at what has happened on the demand side for heavy crude.

[sbb1x] 17/8/2021 13:37

Middle of summer and you lot spending your whole life on a chat board.Paid posters me thinks

[mr_todd_kozel] 17/8/2021 13:33

BIGDOG RE-ITERATES GUIDANCE( on behalf of their boss MORGAN STANLEY). !!!!!! BANG GONE !!!. "BUY AS MANY AS YOU CAN ASAP".TAKEOVER ANNOUNCEMENT THIS WEEK

[bigdog5] 17/8/2021 13:30

I note highlander7 is trying to discredit all my correct predictions.

He's so desperate innit:-)

[habshan] 17/8/2021 13:27

"Huge discount for very difficult to extract heavy oil."

What makes you think it's difficult to extract Sarah.

70% of the world's oil is "heavy".

Heavy is normal.

[bigdog5] 17/8/2021 13:25

highlander717 Aug '21 - 05:10 - 637941 of 637975
0 9 1
LOL

"Obviously good news on the way".

You've been saying that for ten years.

1.5p.

[bigdog5] 17/8/2021 13:23

nestoframpers17 Aug '21 - 12:41 - 637971 of 637974
0 2 1

"Say we get ripped off at $2 a bll , that will do".

Huge discount for very difficult to extract heavy oil.

Then have a look at the CPR and that says 505m GROSS. Which is what anyone if interested will use for a valuation.

Current value based on the above, 1.5p.

[bigdog5] 17/8/2021 13:17

highlander717 Aug '21 - 06:15 - 637942 of 637973
0 11 1

"Oil prices made great gains on Wednesday on the back of falling U.S. inventories and stronger demand".


But its Tuesday highlander7'

You even fail at that LOLLOLLOL

[mr_todd_kozel] 17/8/2021 12:50

20billion would be 80 quid a share , a gross rip off nest , but liveable with

[mr_todd_kozel] 17/8/2021 12:41

KURDMAN PREDICTS TAKEOVER ANNOUNCEMENT IMMINENT40 QUID YOU CAN TAKE THAT TO THE BANK

[nestoframpers] 17/8/2021 12:41

Say we get ripped off at $2 a bll , that will do.