Gulf Keystone Petroleum Share Discussion Threads

[0ili0] 02/3/2022 13:29

SC - Wordle was more accurate than that!

We've already been valued on £billions when on AIM. Spend 100s of millions on field development and production facilities and watch the market cap plummet. That's investing in Iraq for you 🛢️
29312;💭

[johnbuysghost] 02/3/2022 13:09

SP on it's way now. Next stop £100.

[gc321] 02/3/2022 12:44

That was a personal feeling Steephill, as I am appalled by what is happening in Ukraine. I can't see how any amount of money lost on a share or the suffering that comes from that can be compared to people dying in a war. However I appreciate that people lost a lot here and I hope they can recoup those losses.For the record I am still heavily invested in this share and only this share, so I'm not trying to bash it or anything, quite the contrary.

[steephill cove] 02/3/2022 12:13

Was anybody saying that about GKP shareholders when there was consolidation or a courtroom battle or when ISIS were in the ascendancy 🤷‍a94;️

[gc321] 02/3/2022 11:47

I was trying to use a conservative price rather than using the current possibly short term elevated price.

To be honest I would prefer the price to be lower and the situation in Ukraine to be sorted out, although I guess that may not happen anytime soon.

Feels like we are benefiting from other peoples suffering….

[steephill cove] 02/3/2022 11:27

GC321 nice try but youre forgetting that oil is currently circa $110 per barrel 🛢📈💪

GKP is HUGE CASH COW 💰🐄 & at the start of the 5th 🌊 UP on the GKP chart 👍

[steephill cove] 02/3/2022 11:19

0ili0

Is the wordle word of the day thats applicable to Bigdog5 tw@t by any chance 🤷‍a94;️

[mr_todd_f_kozel] 02/3/2022 11:14

CONDOG will be waking up across the pond shortly....

[gc321] 02/3/2022 10:54

Thanks AttyG. If anyone could come up with a rough estimate of profit to shareholders per barrel based on various Brent crude prices that would be really useful, although it doesn’t necessarily sound like an easy calculation!

However AttyG, your estimate of $500 million is the equivalent 10 $50 million dividends ;)

Or £1.73 per share….

[mr_todd_f_kozel] 02/3/2022 10:29

It's all about the barrels.

[attyg] 02/3/2022 10:16

GC321, indeed.

However, GKP does not get all that as income.
We have 80% of Shaikan - though I remain uncertain if the KRG can yet claim the 20% back from GKP and MOL.
Also, we only receive a small amount as profit oil plus the gradual repayment of our capital development costs as well as our OPEX.

Nevertheless, plenty income and I would anticipate something like $500m free cash flow this year at these prices. Remember, GKP stated they (currently) no longer hedge on the oil price. Of course, the KRG have to pay us as well! That present difficulty with Baghdad is really holding back the sp, in my view.

Perhaps a knowledgeable poster might update their cash model and share the outcome?

[attyg] 02/3/2022 10:02

China’s top officials issue orders to prioritize energy and commodities supply security, sparked by concerns over disruptions stemming from the Ukraine-Russia war, sources say

Reported by Bloomberg.

No surprise

[gc321] 02/3/2022 09:59

So, trying to explain to my friend yesterday how big the turnover of GKP is

46,800 barrels per day average in 2022 (as per latest RNS) so far multiplied by say $90 a barrel X 365 days =

$1,537,380,000 (1 and a half billion dollers turnover per year)

Thats colossal!

The last dividend ($50,000,000) is a 30th of that!!

Surely something has to give, takeover, bigger dividends, leap in share price....

I'd be interested to know roughly what the costs per barrel are to come out of that turnover, but I seem to recall a relatively low figure of $4 a barrel? That may be completely wrong though! Does anyone know from previous RNSs etc?

[0ili0] 02/3/2022 09:57

Everyone enjoying their Divi payment. 💪💰🐄
Except bigdog5 🐕🐕🐕🐕8021; 💩🧠🧠🧠9504;

Today's Wordle answer sums up bigdog5 😂😂😂

[warrior boy] 02/3/2022 09:39

My divvy was reinvested with ii on Tuesday morning.

[notaramper] 02/3/2022 09:34

Bigdog will be frothing at the mouth.Won't be rabies though just hate.

[astreix] 02/3/2022 09:24

anyone else still waiting for the dividend credit to their ii account?

I got dividend paid into my iweb account on the 25th, but still no sign of dividend on ii account

[arcadian] 02/3/2022 09:16

Perhaps we`ve been paid.

[johnbuysghost] 02/3/2022 09:04

Massive divis to come with GKP. Happy I reinvested the recent payment under 200p.

GKP......the most undervalued Oil & Gas E&P on earth.

[mr_todd_f_kozel] 02/3/2022 08:55

It's time for a leveraged recapitalisation.CFO (quite rightly)wants to borrow a lot more money.....hence the presentation to the bond brokers ......HTTPS://www.gulfkeystone.com/investors/presentations/.He's going to optimise capital structureBefore the sale