Gulf Keystone Petroleum Share Discussion Threads

[goatcam] 26/1/2022 09:17

NO FDP Approval, No Takeover, Just people wanting a nice dividend payment....mixed with another up day for oil

[pensioner2] 26/1/2022 08:39

If it's FDP approval, ss, that dreaded gap up could become a breakaway gap which never gets filled. Let's see how the day goes.

[nestoframpers] 26/1/2022 08:34

Chooooo Choo ;o)

[shortsqueezer] 26/1/2022 08:33

Ah yes. I hadn't looked at total trades. FDP approval I hope

[sbb1x] 26/1/2022 08:28

New 52 week high its on it way too 300

[pensioner2] 26/1/2022 08:16

I don't buy that, ss. They can't all act in concert like this. 300k in 15 mins??? The City have heard something imo.

[shortsqueezer] 26/1/2022 08:11

IC buyers I suspect

[pensioner2] 26/1/2022 08:07

Are these all dividend chasers or is there some substantial news leaking?

[nestoframpers] 26/1/2022 08:04

BTW the Golden Cross happened on Dec 29th .

[pensioner2] 26/1/2022 07:36

Brent $88.2.

[highlander7] 26/1/2022 05:28

Malcy...


Oil price

As I noted in the late blog yesterday oil fell as markets panicked ahead of recessionary worries at tomorrows Fed meeting. Today markets are still panicking but oil isn’t.

[blgdog] 25/1/2022 21:43

Hopefully doggy will join us tomorrow for another 5%+ rise... see you tomorrow bro

[hydrocarbon1] 25/1/2022 21:40

Release Date Time ..Actual Forecast Previous
Jan 25, 2022 21:30 -0.872M -0.400M 1.404M
Jan 19, 2022 21:30 1.404M -1.367M -1.077M
Jan 11, 2022 21:30 -1.077M -1.950M -6.432M
Jan 04, 2022 21:30 -6.432M -3.400M -3.090M

[nestoframpers] 25/1/2022 21:33

2022-01-24 | 07:25

Today, Monday, Prime Minister Mustafa Al-Kadhimi discussed with the US Ambassador to Iraq Matthew Tueller, bilateral relations and security cooperation within the frameworks of advice, empowerment, intelligence support, and the preservation of Iraq's sovereignty.

Al-Kazemi's office said in a statement received by Alsumaria News, that the latter received Toler and his accompanying delegation, to discuss "Bilateral Relations between Iraq and the United States, and the prospects for expanding cooperation between the two countries in various fields.”

The Prime Minister stressed, during the meeting, “the keenness of Iraq To enhance cooperation with the United States in the diplomatic and economic fields, in addition to security cooperation within the frameworks of advice, empowerment and intelligence support, and to maintain the sovereignty of the United States. Iraq".

For his part, the ambassador emphasized Toler, “The United States supports the efforts of IraqIn strengthening security and stability locally and regionally, as well as its support for the Iraqi government's endeavor in the field of financial and economic reform, which will reflect positively on opportunities for sustainable development and the prosperity of the Iraqi economy.

[sbb1x] 25/1/2022 19:47

Look at the dow Jones wow.... another big up day tomorrow

[releasethekraken] 25/1/2022 19:12

TAKEOVER ANNOUNCEMENT IMMINENTReason we haven't seen any buyback programme.https://twitter.com/ChicagoJack5/status/1485986521505222670?s=20

[habshan] 25/1/2022 18:56

Bigdog - "You got your proof you wanted from the RNS habSCUM that I don't make up anything and I got it all correct. Unlike the BS you and your boyfriend pump out."

So you don't make anything up then Sarah and it's all correct, and it's all in the RNS.

So where does it say this in the RNS:-

648346 - "S12, production is now suspended."

Post it up.

[0ili0] 25/1/2022 18:55

FE11- have you heard of bigdog5 😂

[shortsqueezer] 25/1/2022 18:45

Bigdog. Well not the real , sad , bigdog. I agree. The bloke's a nutter. What a bloody sad life to live ! I say that from his side f the fence. Complete nutcase.

[habshan] 25/1/2022 18:45

Bigdog - "Seven years on from the hyped 55k a day plans"

Let's just have a look at that shall we, it's the second or third time you've said it today.

Plan - "to decide on and make arrangements for in advance."

Seven years ago takes us back to January 2015, so in January 2015 a plan was put together in advance to expand production to 55kbpd.

All good so far, it's always good to have a plan and if they hadn't had one everyone would quite rightly have been complaining.

The plan couldn't be implemented at that time though because the KRG weren't paying us so there was no money and the plan needed money, so it goes without saying that it had to be put on hold until the money was available.

Because of the non payment they couldn't service the debt which had been run up to develop the field to where it was at the time resulting in the restructuting in Summer of 2016.

So that takes 18 months off your seven years.

For the next two years Jon Ferrier quite rightly wasn't prepared to make the same mistakes of the Kozel era and go back into debt to finance more expansion so he waited until a reliable payment cycle had been established and he had $200 million in the bank.

So that takes another two years off your seven years.

The expansion to 55k started in June 18 with a 6 month mobilization to order and procure materials and a rig which were like hen's teeth at that time, eventually they were able to find a Chinese rig which needed upgrading to bring it up to scratch before they could start using it.

So there's another six months off your seven years.

In January 2020 Covid appeared and in March work was stopped for 15 months.

So there's another 15 months off your seven years.

That makes a total of 5 years and three months off your seven years.

Leaving one year and 9 months or 2 years and three months if you include the mobilization period during which they have debottlenecked and upgraded the production facilities to 28.75kbpd each, procured and fitted equipment to make the wells easier to clean up, worked over existing wells and drilled five new wells Sh-9 Sh-12 Sh-13 Sh-14 and Sh-15 which is ongoing, and all in a place like Kurdistan while at the same time having to deal with Covid related problems such as travel restrictions, quarantine of staff travelling in and out and all the rest of it.

It's absolutely astonishing that they've achieved all that in around two years.

As somebody who's spent all my working life in the Middle East I take my hat off to them.

I do understand though Sarah why you, who have never worked a day in the industry never mind in the Middle East hasn't a clue.

But it would be better if you didn't come on here every day broadcasting it to the world.

[blgdog] 25/1/2022 18:44

$150m in dividends in 8 months but no buyback even though they have the authority to do one.... hmmm strange

[releasethekraken] 25/1/2022 18:18

TAKEOVER ANNOUNCEMENT IMMINENTReason we haven't seen any buyback programme.https://twitter.com/ChicagoJack5/status/1485986521505222670?s=20