Gulf Keystone Petroleum Share Discussion Threads

[goatcam] 16/2/2022 08:31

LOL try harder NOBULL

[mr_todd_f_kozel] 16/2/2022 08:30

The effort PUTUP THEORYMAN BROADFRAUD NOBULL etc the sheer work rate to finish or obfuscate anything positive is incredible.Being paid to do it.Obvs......

[mr_todd_f_kozel] 16/2/2022 08:29

Lol NOBULL

[goatcam] 16/2/2022 08:09

Their last throw of the dice before all the majors pile into Kurdistan...?

[shortsqueezer] 16/2/2022 08:09

Perhaps the Iraqis have a buy order in :-)

[goatcam] 16/2/2022 08:07

Clearly the markets are not listening to the Iraqi Supreme Court either. Genel current up 2% LOL

[mr_todd_f_kozel] 16/2/2022 07:59

The effort PUTUP THEORYMAN BROADFRAUD NOBULL etc the sheer work rate to finish or obfuscate anything positive is incredible.Being paid to do it.

[highlander7] 16/2/2022 07:15

I hope so. But the Kurds need to act as one to make it happen.

[highlander7] 16/2/2022 06:49

They have been playing this game as a negotiating ploy at every election and the Kurds never fall for it. The KRG are kingmakers whether the ICG likes it or not.

Problem has always been the Kurdish political parties themselves acting as one rather than fighting amongst themselves as they are now.

H7

[howard smith] 16/2/2022 05:47

Deja-vu...Oh no not that old chestnut again, how many times can this be used as a means to knock the Kurds oilers. Must have seen this at least five or six times in the past and it always ends in the same stalemate with the Iraqi government happy to take the money off the Kurds for their share of the oil the Kurds should not be selling apparently. Hopefully the Kurds can use their political leverage to gain an oil law suitable for their requirements in return to help forming a government

[goatcam] 15/2/2022 22:34

We believe that this ruling of the Federal Supreme Court, which has referred to a law of the former regime, has managed to overlook the principles of federalism and the constitutional rights of the people of the Kurdistan Region; the ruling contradicts the letter and spirit of the constitution and the federal system, and it is not applicable in practice and reality.

[nestoframpers] 15/2/2022 22:33

Rudaw


ERBIL, Kurdistan Region - The head of the Kurdistan Democratic Party (KDP) said late on Tuesday that the Iraqi federal court's ruling against the Kurdistan Region’s oil and gas industry is "completely political”.

"The decision of the Iraqi Federal Supreme Court regarding the oil and gas of the Kurdistan Region is a completely political decision and contradicts the Iraqi federal constitution, which is aimed at opposing the Kurdistan Region and is against the Iraqi federal system,” Masoud Barzani said in a statement.

Barzani's comments follow the federal court's ruling earlier in the day that the oil and gas law regulating the oil sector in the Kurdistan Region is unconstitutional.

The court reviewed cases brought against the export of oil from the Kurdistan Region to foreign countries without prior approval from the federal government. The Iraqi oil ministry has previously filed cases against the Kurdistan Regional Government (KRG), both in 2012 and in 2019, for exporting oil without approval from the federal government.

The KRG passed its own oil and gas law in 2007, enabling it to administer and develop its own oil and gas resources.

The lack of federal oil and gas legislation has been a strong point of contention between Erbil and Baghdad since the current Iraqi constitution was approved in 2005. According to the constitution, it is the responsibility of both the federal and regional governments to develop oil and gas resources.

Such legislation exists, but is yet to pass parliament. The law has been pending since 2005 and every election, parties promise to vote on it.

The KRG exported a total of nearly 80 million barrels of crude oil in the first half of 2021, collecting a net $1.7 billion, according to audited data published by the KRG in November. The majority of these exports were made to Turkey.

[goatcam] 15/2/2022 22:15

Kurdistan leader, Masoud Barzani, described the federal court’s opinion as “purely political” and contrary to the Iraqi federal constitution. “The aim of it [the court’s decision] is to antagonise the Kurdistan Region and the federal system in Iraq,” Barzani, the leader of the ruling Kurdistan Democratic Party, said.

“We hope that the governments of Iraq and the Kurdistan Region will be able to overcome the obstacles and agree on the oil and gas file,” Barzani added in a statement.

[nestoframpers] 15/2/2022 21:57

Sounds like we are on familiar ground again . PSCs are legal, yawn , arrangements with ICG over oil fields can not include field that were discovered after 2005 , as has been said ad nauseum .

[nestoframpers] 15/2/2022 21:54

EDITOR’S NOTE: This is a breaking story and will be updated throughout the day.

BAGHDAD - Iraq's Federal Supreme Court issued a sweeping ruling Tuesday against the legal foundations of Iraqi Kurdistan's independent oil sector.

The court's decision could force a seismic shift in the balance of oil powers between the federal government and the semi-autonomous Kurdistan Regional Government (KRG) — potentially upending a 450,000 barrel per day (bpd) market and altering the dynamics of a government-formation process that has seen multiple blocs court Kurdish MPs.

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[0ili0] 15/2/2022 21:32

JA🤔 ... PA? The authoress? Lardner 😉

[martyre] 15/2/2022 21:28

https://www.iraqoilreport.com/news/iraqi-supreme-court-strikes-down-krg-oil-sector-independence-44500/From the LSE board

[nestoframpers] 15/2/2022 20:27

SWS are having a laugh SS.

I have chortled away at Habshan's posts, trussed up like a Turkey comes to mind.

I reckon Habshan might be JA . JA probably has a lot of GKP shares and he has the money to get his PA to write up replies for him , he also has good reason to enjoy pummelling the trolls since he has met them. He knows they deserve it .

[shortsqueezer] 15/2/2022 19:57

From Simply Wall StGulf Keystone PetroleumGKPShare Price 7 Day 1 Year2.075 -11.7% 23.5% Now 21% undervaluedOver the last 90 days, the stock is up 4.3%.The fair value is estimated to be US$2.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Revenue has declined by 18% per annum over the last 3 years.The company has become profitable over the last year.

[pensioner2] 15/2/2022 19:28

Fish in a barrel springs to mind, Habshan. You might have to give up if AFN ban blood sports.

[releasethekraken] 15/2/2022 18:47

https://twitter.com/GoodnightCharl1/status/1493503453624164358?t=Ra7nACpvAWKEbbvPC7Jwkw&s=19

[habshan] 15/2/2022 18:35

"So much for your dividends, lol."

What about the dividends?

"Isn't it a fact that most of you (90% accounts for Carroll) need £11 to breakeven."

No, it isn't.

What is a fact Sarah is that you who claims to understand all that is going on and that you are always correct along with your friends "on the street" said this when there was a billion shares in issue:-

"Cambradjones, already got mine ages ago as I thought it would be a good investment. If Kozel gets me £25 a share I may give it to him. Its a good one."

So you valued the company at £25 billion which works out at £116 per share.

So anybody who does need £11 a share to break even will have no bother will they.