Gulf Keystone Petroleum Share Discussion Threads

[k4n4k] 23/8/2021 09:15

Up we go 🦁🦁🦁

[sinopecchina] 23/8/2021 09:14

Wheres alter ego Ammu ?

[sinopecchina] 23/8/2021 09:13

Think Sbb might have 10 quid a point North...LolMight be very good timingAt takeover it could easily be + 2300 pips More

[sbb1x] 23/8/2021 09:11

First gap to fill 153. Lions

[sbb1x] 23/8/2021 09:01

We will have 230 million dollars in the bank this week once payment received. That equates to 80p per share.We will then be owed July/August oil sales worth another 20p per share. So equates to 1 pound per share, while our share price trades at 145.

[sbb1x] 23/8/2021 08:38

Bought more

[nestoframpers] 23/8/2021 08:27

Can't believe the value of the PSC keeps getting the magnifying glass over it, the MOCs came to KRI for the PSCs as the TSCs were too poor value in the Sth.

[sinopecchina] 23/8/2021 08:14

Actually H , average recent history of m and a for large/ giant operator reserves , is around $14 /boe and with Occidental most recent scale of deal in 30's$8 is what Wood Mackenzie place in the region s reserves for M and A.The buyers obvs have done their own field model ( 2018 mainly) ,no buyer would buy reserves of this huge scale off a CPR . CNPC fracture studies and well logs in public domain.So imo it could be a deal done far higher than$8 , 25 POUNDS a share,but don't want to be accused of rampingNo surprise if 50 quid plus, but we will find out soon enough.

[sinopecchina] 23/8/2021 08:13

60% of all shares in top 10 holders H40% is notOf course some of that 40% is in smaller funds /hnwi etcBut a very big chunk IMO 20-30% is in the BUYERS /a GKP PROXY / or the MNRhands.Everyone is just waiting for the obvious change of CONTROL TBA

[sinopecchina] 23/8/2021 08:13

HTTPS://twitter.com/Paul47293202/status/1428963687721750530?s=19

[highlander7] 23/8/2021 06:13

The "Gas Issue"

Oil contains gas ( called the gas /oil ratio - GOR) this is removed from the oil using a Separator . The gas is then vented to atmosphere using a tower . This does not comply with the requirements of API ( American Petroleum Institute ) and International (ISO) standards. (This is what is happening with GKP currently)

HOWEVER all companies do it in the early stages of production and are given permission to do so under these same regulations ( a dispensation) until it becomes reasonable to dispose of it by other methods . This is NORMAL oilfield practice.

Stopping flaring gas to atmosphere without an alternate means of disposal , results in having to shut down ALL oil production. Which would bankrupt Kurdistan. So the normal outcome is to ask the Operators to submit a Project plan/time frame for alternate means of disposal. ( which is what GKP have done )

I stress AGAIN this is all perfectly normal and happens worldwide.

[highlander7] 23/8/2021 05:47

“Approx 80% of the expected sales revenue is return of past- and ongoing Capex. The remainder is Profit Oil - plus, if it continues, a small rounding sum to cover unpaid invoices”

Then

"that $2/bbl, alt $1.50/bbl, projection was based on Brent at $74/bbl. Drop that to $60 Brent and you'll be very lucky to see $1.25/bbl being offered"

So What Broadford is effectively telling us is that the more CAPEX ( Capital expenditure) GKP uses to increase oil production , then the less the company will be worth in a sale.
OR
When GKP produces 110k bbld a day it will be worth LESS to a potential buyer than when it was producing 40k bbls /day.

OK got that

LOL

[officerdigby] 22/8/2021 23:05

Broadford Bay22 Aug '21 - 13:23 - 638619 of 638652
0 2 0
Approx 80% of the expected sales revenue is return of past- and ongoing Capex.

The remainder is Profit Oil - plus, if it continues, a small rounding sum to cover unpaid invoices.

The Profit Oil, at $74/bbl Brent, amounts to approx. $4/bbl.

$4/bbl is all the field gives you (leaving aside the slow return of your past Capital Investment), so why on earth would you offer anything more than about 50% of that expected return?

$2/bbl on a good day, otherwise $1.50/bbl.

????

$74 -$21 = $53

x 0.9

x 0.6 (PO)

x 0.3 (contractors %)

= $8.5 barrel

(contractors cut can vary but when it is 30% it's not including expense repayment.)

[kurdman63] 22/8/2021 21:26

That obviously got to you didn't it 😂🤡

I also posted it onto Twitter earlier today 😱

[ian_hannam] 22/8/2021 20:50

HTTPS://twitter.com/Paul47293202/status/1428963687721750530?s=19

[ian_hannam] 22/8/2021 20:50

60% of all shares in top 10 holders H40% is notOf course some of that 40% is in smaller funds /hnwi etcBut a very big chunk IMO 20-30% is in the BUYERS /a GKP PROXY / or the MNRhands.Everyone is just waiting for the obvious change of CONTROL TBA

[ian_hannam] 22/8/2021 20:50

There's SEVERAL paid sentiment bashers operating 24/7 on retail bulletin BOARDS, ADVFN AND LSE, BIGDOG ,..... NOBULL....... KURDMAN ETC ETC with . OVER 35,000 negative posts between THEM!!! ALL HERE (LOLOLOLOL) ar.Here's just SOME of the funds these BROKERS KNOCKERS have been helping to build HUGE STAKES kes pre very OBVIOUS TAKEOVER . Couldn't make it up really . HTTPS://t.co/Z88zToqHbm

[ian_hannam] 22/8/2021 20:50

Actually H , average recent history of m and a for large/ giant operator reserves , is around $14 /boe and with Occidental most recent scale of deal in 30's$8 is what Wood Mackenzie place in the region s reserves for M and A.The buyers obvs have done their own field model ( 2018 mainly) ,no buyer would buy reserves of this huge scale off a CPR . CNPC fracture studies and well logs in public domain.So imo it could be a deal done far higher than$8 , 25 POUNDS a share,but don't want to be accused of rampingNo surprise if 50 quid plus, but we will find out soon enough.

[kurdman63] 22/8/2021 20:39

HabscamPaul 🤡

Just so you know, I've sent that interview directly to S at Lansdowne.

Wouldn't want him to miss it.

Spam that you clown 😂😂😂

[ian_hannam] 22/8/2021 19:50

Actually H , average recent history of m and a for large/ giant operator reserves , is around $14 /boe and with Occidental most recent scale of deal in 30's$8 is what Wood Mackenzie place in the region s reserves for M and A.The buyers obvs have done their own field model ( 2018 mainly) ,no buyer would buy reserves of this huge scale off a CPR . CNPC fracture studies and well logs in public domain.So imo it could be a deal done far higher than$8 , 25 POUNDS a share,but don't want to be accused of rampingNo surprise if 50 quid plus, but we will find out soon enough.

[ian_hannam] 22/8/2021 19:50

There's SEVERAL paid sentiment bashers operating 24/7 on retail bulletin BOARDS, ADVFN AND LSE, BIGDOG ,..... NOBULL....... KURDMAN ETC ETC with . OVER 35,000 negative posts between THEM!!! ALL HERE (LOLOLOLOL) ar.Here's just SOME of the funds these BROKERS KNOCKERS have been helping to build HUGE STAKES kes pre very OBVIOUS TAKEOVER . Couldn't make it up really . HTTPS://t.co/Z88zToqHbm