Gulf Keystone Petroleum Share Discussion Threads

[mr_todd_f_kozel] 29/12/2021 10:26

HTTPS://twitter.com/GoodnightCharl1/status/1475774906700869633?t=aGe7FDlv849Cp3ozFx89uA&s=19

[goatcam] 29/12/2021 10:09

The payment will come... KRG just playing usual games..

[officerdigby] 29/12/2021 10:04

No more important than being paid obviously!

[officerdigby] 29/12/2021 09:57

Wonder what they got to do to get paid?Get the new wells to flow or what?

[highlander7] 29/12/2021 06:08

Bloomberg..............


"Elsewhere, the biggest mergers and acquisition boom in history isn’t showing signs of slowing. Companies announced a mammoth $5 trillion-plus of deals in 2021, eclipsing the previous annual record set in 2007 by almost $1 trillion "

[highlander7] 28/12/2021 16:15

What’s In Store For Energy Prices In 2022?
By Irina Slav - Dec 27, 2021, 6:00 PM CST

2022 could see higher energy prices if current trends continue

U.S. crude oil prices hit a high of $86.40 per barrel in October this year. The trends that led to this peak also lifted all other energy prices in what turned out to be a truly wild year for fossil fuels. And for inflation.

West Texas Intermediate started the year modestly, at a little over $50 per barrel. Crude oil prices had just begun to recover in the third quarter of 2020 after a devastating 2020 when lockdowns and travel restrictions wrought havoc on oil demand, prompting forecasts that it would never recover to pre-pandemic levels.

These forecasts may have contributed to some shock when prices began to recover: the recovery was faster than expected and also much stronger than expected as lockdowns ended and travel resumed amid mass vaccinations.

Naturally, crude oil prices also caused a jump in gasoline prices, to such an extent that President Joe Biden was forced to plead with OPEC to increase oil production in order to lower prices at the pump for American drivers.

Pleading did not have an effect on the oil cartel, although it did have an effect on the U.S. oil industry, which dug its heels even deeper and refused to cooperate with the administration when it finally approached it for help in the gasoline prices effort.

U.S. gasoline prices hit a record in California in November, when the average for the state on November 15 stood at $4.68 per gallon. Across the states, the average gasoline price peaked at over $3.40 per gallon. Since November, prices have mellowed amid renewed concern about restrictions as the latest variant of the coronavirus, omicron, spreads across the world.

A plan by the Biden administration to release crude oil from the strategic petroleum reserve also played a part in gasoline price movements even though it was a limited one. Experts were quick to note that the crude released from the SPR is not of the grades that Gulf Coast refineries are configured for, so it could not directly contribute to a boost in gasoline production.

In tune with oil natural gas prices also rose this year, although the rise in United States benchmark prices was minuscule in comparison with European price trends in natural gas. In Europe, prices have been breaking records on low inventory levels, higher demand and market speculation.

In the United States, gas prices have risen a lot more modestly thanks to ample domestic production. Exports have also risen to record highs with the U.S. projected to become the world’s largest LNG exporter next year, according to the Energy Information Administration. The boom will come in large part thanks to long-term commitments from Chinese buyers after years of reluctance to commit to U.S. supplies.

Now, at the end of the year, both oil and gas are off their peaks reached earlier in 2021 but still higher than where they started the year. In crude oil, the increase was a lot more marked than it was for gas thanks to resurgent demand and it was one of the drivers of inflation that reached the highest in close to 40 years.

The inflation trend was first brushed off as transitory by the Fed but later, when it became clear it was not softening, the Fed changed tack and announced it would begin tapering its fiscal stimulus program faster than initially planned.

What this could mean for oil and gas prices is further upside pressure in 2022, especially if current trends in demand for fossil fuels continue into the new year, which is quite more likely than a sudden change, even with omicron spreading faster than previous variants.

By Irina Slav for Oilprice.com

[mr_todd_f_kozel] 28/12/2021 12:24

HTTPS://twitter.com/GoodnightCharl1/status/1475774906700869633?t=aGe7FDlv849Cp3ozFx89uA&s=19

[gazebo79] 28/12/2021 12:24

79.75 as we speak my amigos. Nearly in jan now.payment?shareholder update list? Come on

[highlander7] 28/12/2021 11:41

I see he has missed CHAR and SLE.

[burtond1] 28/12/2021 10:39

The Doc is back in town......but is @DDS_DocHoliday back for good?In the second of two podcasts Doc talks to @copytaster about some standout opportunities.#AET #BOO #CEY #CHF #CWR #FAR #GKP #GDR #HARL #LBE #ODX #ORPH #PDL #POLB #RKH  #SDRY #VRS #WIXhttps://total-market-solutions.com/2021/12/guest-interview-vol-13-doc-holiday-part-2/

[0ili0] 28/12/2021 10:36

The Federal Court ratifies the election results
Tuesday 28 December 2021

Baghdad: Omar Abdul Latif

The Federal Supreme Court ratified the results of the elections for the House of Representatives during its session, which was held on Monday, and this comes after it had earlier rejected the appeal of the election results during the same session.
During the reading of the decision to reject the appeal, the court stated that "the political party has the right to appeal the council's decision within 3 days of the official announcement, and the Judicial Council has the exclusive authority to solve problems resulting from the elections, and accordingly the lawsuit to cancel the election results was rejected."
The court’s decision, which was broadcast live on local satellite channels, also stated that complaints and appeals submitted to the Board of Commissioners were submitted to the Judicial Commission for Elections, and the results may not be appealed except before the Appeals Commission, which is the competent authority.
The court added that the plaintiffs' request to consider the technical procedures of the examining company goes beyond its competence, and also called on the upcoming parliament to amend the election law and adopt the manual counting system (exclusively).
In this regard, the legal expert Amir Al-Daami told Al-Sabah: "The objectors can file a lawsuit with the Judicial Council, as it has the exclusive authority to solve the problems resulting from the elections, but this matter does not delay the approval of the Federal Court on the results."
He added that "the Federal Court, after approving the results of the recent elections, will call the President of the Republic the new House of Representatives to hold the first session after 15 days."
Electoral expert Rafid Al-Zaidi explained, in an interview with "Al-Sabah", that "this is the first time that an appeal has been submitted to annul the election results from 2004 until now."
He added that "the Federal Court was subjected to pressure from several parties, but it proved that it is the tent of Iraq and that there is no authority over the judiciary except the law."
As for the professor of international relations, Dr. Jassem Al-Hariri, he called on all parties to accept the decision of the Federal Court to reject the appeal submitted against the election results. He added that "the first direction of the political scene in Iraq is to accept the decisions of the court as long as everyone agrees to respect the judicial authority, and the second is to take into account the appeals and complaints submitted under the report of the German company, which saw that there were things that violated the electoral system."
Following the court's decision, Hadi al-Amiri, the head of the Al-Fateh Alliance, announced his commitment to the Federal Court's decision to ratify the election results, noting that this commitment came "in the interest of Iraq's stability."
Al-Amiri said, in a statement: "Out of our keenness to abide by the constitution and the law and our fear for Iraq's security and political stability, and our belief in the political process and its democratic path through the peaceful exchange of power through election boxes, we adhere to the decision of the Federal Court despite our deep belief and firm belief that the electoral process was marred by it." Lots of fraud and manipulation.
The sit-down supporters of the blocs objecting to the election results ended their escalation that raged in the past 24 hours in front of the Green Zone in central Baghdad, and returned to the sit-in tents after the court's decision

[pensioner2] 27/12/2021 21:33

Yes, spark plug. It looks like the oil traders have concluded that Omicron is the death throes of Covid. It's held 78.60+ for the last few hours. Could be a bounce up on Wednesday.

[spark plug] 27/12/2021 16:11

With Oil at $78-60 it's looking more promising that we can move out of this rut we find ourselves in!

[attyg] 27/12/2021 15:54

I am speculating that the KRG do not like GKP
and Genel paying dividends.
Perhaps they expect both to be ploughing all the cash into
developing the fields. Doesn't pass much of a logic examination I accept.
One might expect the KRG to promote the successes of GKP and Genel in generating sufficient cash that they can pay dividends - and thus attract the big oil coys.
Also why can they expect GKP to invest when the FDP is unapproved?
Notwithstanding my speculation does not pass a logic test, I have s sense they don't like cash going "out of the country".
Interesting that the latest broker reports (someone posted them) show at least one broker with GKP paying a smaller dividend next year.
I am quite sure there is a lot of tension/action in the background with bond holders wanting big dividends or a sale of the business.
The delays by the KRG paying the monthly invoice are, in my view, hurting the share price absolutely ludicrous for the share price to be at this level.

[goatcam] 27/12/2021 12:37

Nice time for a 2021 summary. $100million in dividends.. WITH MORE TO COME Buyback at the ready FDP Submitted On route to 55k in a few weeks Oil price $75 Massive monthly payment due any day. POTENTIAL TAKEOVER TARGET All brokers have a BUY/Strong BUY on the stock. Target price £2.95! 2022 looks like it will be a fantastic year for GKP. £1.75 is a great price to get in at for some great gains next year. Ho Ho Ho

[mr_todd_f_kozel] 27/12/2021 08:39

HTTPS://twitter.com/GoodnightCharl1/status/1475385435320991749?t=ljEcEEv4HMFVjFZPQCnPEg&s=19

[goatcam] 26/12/2021 22:04

Sold before November 25th 2022, for sure

[releasethekraken] 26/12/2021 19:35

Sold before New Year

[2 risky] 26/12/2021 17:38

Whatever happened to bobobob and johnbuy?

[fairenough11] 25/12/2021 07:45

Yep,not forgetting Bob.

Cheers.

RIP.

[highlander7] 25/12/2021 05:22

I want to wish every one of you stubborn long term holders a Merry Xmas. I wish you all well for the sh*t we have had to put up with and all the idiots we have been forced to listen to along the way. Quite a journey , and a grateful thanks to Bob for all his help and guidance (RIP)

But never EVER forget what TK told us……..”There wont be many of you left at the end”

But I (and you ) Im pretty sure will be one of them.

H7