Gulf Keystone Petroleum Share Discussion Threads

[nestoframpers] 08/2/2022 09:16

Sell off at TRP , should never have touched that dog ! Lol , might come good , sorry to anyone who might have bought from my posting .

[mr_todd_f_kozel] 08/2/2022 08:48

HTTPS://twitter.com/GoodnightCharl1/status/1490961538412609542?t=kgD5VQc5pLF8434lz7irlA&s=19

[hydrocarbon1] 08/2/2022 08:24

Nice to see strength , Brent dropping but we are having small rise,
Pacman gobbling at 242.50

[bravedog] 08/2/2022 08:18

Copyright Rudaw from yesterday

Strange that it wasn’t posted yesterday.
If an Arab is elected, Kurds will go for independence.

Iraq fails to vote for president, KDP committed to Zebari

ERBIL, Kurdistan Region - As Iraq’s parliament fails to elect a president in a vote now indefinitely postponed, the Kurdistan Democratic Party (KDP) is continuing to insist upon the nomination of Hoshyar Zebari for the Iraqi presidency, an official from the party told Rudaw on Monday, claiming that cases filed against the party’s candidate are a political move by the Patriotic Union of Kurdistan’s (PUK) candidate for the position.

The Iraqi legislature was scheduled to meet on Monday to elect a new president of the republic, however a quorum of two-thirds attendance was not met as the KDP-Sadrist-Sunni alliance boycotted the session. According to state media, only 58 MPs attended the 329-seat parliament in Baghdad.

After the Iraqi federal court on Sunday decided to temporarily suspend the nomination of Zebari in response to cases filed against him by a number of MPs on charges of corruption and the grounds that he does not meet the conditions of “good reputation and integrity”, the KDP seem insistent on continuing to put forth Zebari for the position. It is not known when the court’s final ruling on Zebari is expected.

“We insist on our decision, because we know that Hoshyar Zebari is not only a KDP candidate, but also a Sadrist and Sunni candidate,” the head of Iraqi affairs at Barzani headquarters, Arafat Karam, told Rudaw’s Sangar Abdulrahman, adding that the cases filed against their candidate are “politicalR21;.

“Barham Salih is trying, because he knows that if the session is held, Hoshyar Zebari will win,” he said.

According to a long-standing customary agreement, the three main leadership positions in the Iraqi government are divided among Kurds, Shiites, and Sunnis. The KDP has previously stated that they will not interfere with who the Sunnis agree upon for the parliamentary speaker and the Shiites for the premiership but, according to Karam’s statement, the nomination of Zebari was a mutual decision among Kurds, Sunnis, and Shiites.

While the KDP seems to be insistent on Zebari, however, a parliamentary member from the Sunni Azm Alliance who is also part of the alliance with the Sadrists and the KDP, on Monday said that their vote will be for any KDP candidate for the presidency, but that the KDP should have an alternative for Zebari.

“We boycotted the session because of the absence of KDP's candidate Hoshyar Zebari, we will boycott any other meeting if a KDP candidate for the presidency is not available,” Mashaan al-Juboori told Rudaw, adding that he believes that “the KDP has to offer an alternative candidate, given that tomorrow the parliament will open nominations again.”

According to Karam, the KDP spoke to both the Sunnis and the Sadrists ahead of nominating Zebari and they both approved, although Juboori said that the Shiite cleric Muqtada al-Sadr has other preferences as well.

“I believe that the KDP’s next candidate will either be Nechirvan Barzani or Fuad Hussein if the federal court does not approve the candidacy of Hoshyar Zebari,” he said, adding that “when Muqtada al-Sadr met with Nechirvan Barzani some days ago, he asked him why don't you be a presidential candidate.”

“This means that Sadr supports Nechirvan Barzani to take the presidency,” he added.

The Sadrists are not only after settling the presidency with a majority. In January, their alliance with the KDP and the Sunnis helped parliamentary speaker Mohammed al-Halbousi get re-elected for a second term, and now they are also looking into forming a majority government.

However, the main Sadrist opponent, the Coordination Framework, which includes the notable Fatih Alliance, State of Law Coalition and National State Forces Alliance and other blocs, previously alleged fraud and demanded the cancellation of the October vote. Now, they are seeking to be included in the government and are against a majority rule.

Iraq has for years had a national consensus government in which most parties were included and government members would be responsible for their leaders first, and then for the prime minister. This form of governance has allowed Iran to outsize its influence in Iraq and, according to many, encouraged corruption and hindered development in the country.

Despite the Sadrist attempt at a majority government, a former Iraqi minister and close aide of KDP head Masoud Barzani on Sunday said that the Coordination Framework might eventually end up in the government.

“The Coordination Framework will enter as well, and there will be an agreement on both the presidency and the premiership,” Bangen Rekani said in an interview with al-Ahed TV.

The current president, Barham Salih, will remain in his position until the parliament agrees on a new one.

[pensioner2] 08/2/2022 08:12

Looks like they don't want buyers this morning but the sellers are hardly lining up to be robbed.

[howard smith] 08/2/2022 08:09

When November oil sales come through the net to gkp should be closer to 40 million dollars, will we get another interim divi payment before the year end?

[highlander7] 08/2/2022 05:54

Goldman Commodity Veteran Says He’s Never Seen a Market Like It

Jeff Currie, the closely-followed head of commodities research at Goldman Sachs Group Inc., says he’s never seen commodity markets pricing in the shortages they are right now.

“I’ve been doing this 30 years and I’ve never seen markets like this,” Currie said in a Bloomberg TV interview. “This is a molecule crisis. We’re out of everything, I don’t care if it’s oil, gas, coal, copper, aluminium , you name it we’re out of it.”

Futures curves in several markets are trading in super-backwardation -- a structure that indicates traders are paying bumper premiums for immediate supply. The downward sloping shape in prices is generally taken to mean commodities are severely undersupplied.

Referring to the recent rally in oil prices, Goldman Sachs’s global head of commodities told Bloomberg that demand is far stronger than anyone thought because the Omicron impact was not significant. Underinvestment in supply has also contributed to the market tightness, Currie said.

[howard smith] 07/2/2022 19:33

Haha Does that BBS button still exist somewhere online

[nestoframpers] 07/2/2022 19:23

Will be a shock if they ever get the HCL done , the Kurds do not think they will ever get fair treatment from Baghdad and I think they are right , I have no idea how this will end if it ever does. but in the meantime I will take the Divis thanks.

[nestoframpers] 07/2/2022 19:14

snippet from link Nov 21

The KRG takes the position that non-producing fields (as of August 2005) do not fall within the shared jurisdiction of the central government and the KRG, and, therefore, the KRG has exclusive jurisdiction over such fields. Hence, the KRG regards itself as the competent authority to regulate all oil and gas resources in the Kurdistan region other than 'present fields'. The central government in Baghdad rebuts this interpretation of the Iraqi Constitution and believes that the KRG lacks the requisite constitutional authority to sign contracts with foreign oil companies, which it deems illegal.

[0ili0] 07/2/2022 19:09

Bigdog5 needs to push the BBBS button 👍

🛢️
29312;💭

[releasethekraken] 07/2/2022 19:02

27,364 sentiment attacking posts from CONDOG - "GOOD MORNING USA "That's right 27,363 posts all on one comapany..........NEVER ENDING BUY SIGNAL THAT KEEP ON GIVING>

[nestoframpers] 07/2/2022 18:57

Yes OAP they might hold tight .

[bigdog5] 07/2/2022 18:54

dalesmann7 Feb '22 - 16:36 - 648916 of 648918
0 2 0
"Could do with that Kurdman36 character to give us an insight...."

Yes I agree fake dalesman. He's managed to get most of his posts correct over the years whereas all your multiple avatars haven't managed to get one correct.

How long have you been predicting an imminent takeaway now, is it 7 years or eight?

There isn't going to be one. No one is interested in a few barrels of very heavy that is a real problem to extract.

[pensioner2] 07/2/2022 18:29

Depends how many hold after ex-divi day. As there could well be another by end March they might hold. There will almost certainly be quite a few more this year unless we get a drastic change in something.

[nestoframpers] 07/2/2022 18:26

Just Divi chasers shifting the share price then.

[dalesmann] 07/2/2022 16:36

Could do with that Kurdman36 character to give us an insight....

[mr_todd_f_kozel] 07/2/2022 15:22

25,000 buy at 237.5

[pensioner2] 07/2/2022 14:50

Yes, RTK, part of the order filling that's going on. £8.6K divi for £119k outlay. If they sold them again next Monday that's an annualised rate of return in excess of 360%

[releasethekraken] 07/2/2022 14:46

50,000 buy at 237

[thebabe] 07/2/2022 14:05

And the paid bashers on LSE on fire obfuscating heaps of drivel........
What we all have to PUTUP with as sale nears .... :)

[thebabe] 07/2/2022 13:06

27,363 sentiment attacking posts from CONDOG - "GOOD MORNING USA "
That's right 27,363 posts all on one comapany.........
.
NEVER ENDING BUY SIGNAL THAT KEEP ON GIVING>

[bigdog5] 07/2/2022 13:02

ConstableDigby, maybe, maybe not but if that's the case they aren't the only ones.

At some point the OP will reverse as history has always proved. Prices always overshoot both ways. Countries were critical of the OP $15 ago. Demand destruction will kick in and oil production will be ramped up around the planet.

Enjoy the divis as if the field was any good it would have been bought years ago and for much cheaper. Any interested Companies don't wait, they take an asset before it becomes overpriced. And this one is way over the top now based on the CPR numbers that will require a material reduction. Water at S12 bang in the middle of the field, S6 found it to the East and then there's a few more that aren't "performing to expectations" I understand.

Then there's all the problems encountered at S13/S14 which some of us mentioned but were accused of "making stuff up" by the usual clueless morons. You now have your proof but I haven't noticed any apologies for being absolutely correct yet again.

Facts no fantasy.

[pensioner2] 07/2/2022 10:59

Quick drop to fill weekend orders. Normal service about to resume.

Edit. Looking good now for another push from the Yanks.