Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 17/4/2022 12:43

GKP DIVIDEND PAYMENT CALCULATOR
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This shows what GKP have already paid in the past 12 months ( and with POO so much higher 2022 will be far higher still)and what they will be paying in just the next 3 months for DEFINITE.
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[bigdog5] 17/4/2022 12:28

More waffle from highlander7 I see.

Negotiations are going well when the hosts refused Baghdad's plan for them to control all of the oil then? Then the MNR put forward their plan to run their own company, lol. So how is that any different to the disagreements of the past 15 years then? So there's not really a meeting of minds and agreement on the way forward, lol.

I wonder if the company are one of the "20%"?

Nice load of waffle about why companies buyback their own shares the uva day h7. I've explained in detail why companies do that several times here but I note you didn't pay attention again and only posted up the usual blinkered ramptastic view.

Its all about a balance of possibilities/probabilities and the "unknowns" rather than ramping fantasy which is something I was always pointing out to the "Guru". Just like you h7 he managed to get naff all correct in all the years of posting.

If the field was any good it would have been bought years ago. No one buys anything that can't be proved its there.

You're welcome clueless fantasists.

[giant_canine] 17/4/2022 11:51

The Iraqi-Kurdish petroleum exploration and production sector offers a unique proposition for investors. With Kurdistan as the autonomous region of Iraq, it is in the third largest OPEC producer.
Kurdistan still stands as one of the frontier areas of oil and gas production and sits on 45 billion barrels of potential reserves on what they call the very prolific Western Zagros fault. A complex geological structure, these are fractured carbonates that only a few could capitalize upon.

[beernut] 17/4/2022 11:13

Russia’s Oil Industry Is Suffering As The West Shuns Its Crude

By Tsvetana Paraskova - Apr 16, 2022, 6:00 PM CDT
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.
Moscow is struggling to replace lost sales in the West with sales in emerging Asian markets.
Analysts are predicting that Russia will have to reduce output in the coming months, even suggesting that it could have a permanent impact on the country’s production potential.
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Russia’s oil industry—a vital source of budget revenues—is already showing signs of slowdown as Western buyers shun Russian oil while Moscow struggles to replace lost sales in the West with sales in emerging Asian markets. The war Putin started in Ukraine is hitting home: storage capacity is full, infrastructure and shipping logistics prevent Russian from exporting all the oil unwanted in the West to China and India, refineries are cutting run rates as product storage is overflowing, and as a result, companies are scaling back crude production.

This comes at a time when Russia, as a key member of the OPEC+ pact, is allowed to raise its crude oil production by more than 100,000 barrels per day (bpd) each month as the alliance is unwinding its cuts by a planned 400,000 bpd per month.

[beernut] 17/4/2022 11:08

U.S. crude imports from Iraq surged last week, EIA says
Economy
U.S. crude
2022-04-17 07:32
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A
A+
Shafaq News/ U.S. imports of crude oil from Iraq last week averaged 155 thousand barrels per day (bpd), the Energy Information Administration (EIA) said this weekend.

In its weekly report on U.S. oil imports, EIA said that the U.S. net oil imports averaged 4.830 million bpd last week, down by 719 thousand bpd from 5.549 million bpd the week before.

During the same period, the U.S. oil imports from Iraq doubled to 155 thousand bpd. Average daily imports from Iraq amounted to 71 bpd a week earlier.

Canada remains the top boost of the U.S. oil imports with 3.153 million bpd, followed by Mexico and Saudi Arabia with 763 and 328 thousand bpd, respectively. Imports from Brasil amounted to 148 thousand bpd, three thousand bpd above Ecuador.

Nigeria and Columbia exported 89 and 49 thousand bpd to US.

[beernut] 17/4/2022 11:04

+ -
SULAIMANI — Crude oil prices were stable on Sunday (April 17) compared to the previous day.

The price of Brent crude was stable at $111.7, and the price of WTI crude was at $107.0.

(NRT Digital Media)

[thebabe] 17/4/2022 10:20

Thanks beernut :)Last 2 paragraphs.Oil and gas law enacted soon.( from previous posts 80% of Krg contacts ok ðŸ'? all looking good )_Iraq's oil minister expresses optimism following talks with KRG over oilEconomyoilKurdistangas2022-04-11 17:48A-AA+Shafaq News/ Iraq's Minister of Oil, Ihsan Abdul-Jabbar Ismail, on Monday expressed optimism following talks with a delegation from the Kurdistan Regional Government (KRG) on the administration of Kurdistan's oil and gas wealth, and the Region's Minister of State for Negotiation Affairs with the Federal Government, Khalid Shwani, called for legislating of the oil and gas law.Speaking in a press conference earlier today, Ismail said, "we discussed a joint mechanism to run the oil and gas industry with the delegation of the KRG."Our purpose in the Ministry is to maximize the state's income in order to secure the salaries and lay the foundations of development," he continued, "the KRG delegation evinced an understanding for those necessities the Ministry accounts for""Today's talks were quite positive from the Region's...we expect the real work to kick off as soon as we got answers from the decision makers in Erbil," he concluded."KRG is seeking to address the dispute radically via the constitution in order to achieve the utmost interest of the Iraqis and distribute the income fairly between Kurdistan and Iraq.""We have laid down what can be a foundation for a future roadmap to address the oil dispute, comprehensively and radically," he said, "the optimal solution is to legislate the oil and gas law.""The Law shall be enacted soon. What we discussed today can serve as a nucleus for the oil and gas bill," he continued, "the talks a good start."

[thebabe] 17/4/2022 09:59

Why would anyone sell 1 ever?

[snudge1234] 17/4/2022 09:42

Anil157.... I think you have to sell the day before ex divi to not get the divi... ex divi= excluding dividend so to buy on ex divi date is to buy excluding dividends. To sell and buy back could actually work... I'm sure that's possible to time it right and do better.... knowing my luck I would sell end up missing the dividend and end up buying them back at a higher price haha.... Will be interesting to see how much it drops this time around with a roughly 9% divi end of the month

[highlander7] 17/4/2022 08:59

It could be that the perceived risk of possible ICG political intervention AFTER any sale of Shaikan was seen as too probable by any potential purchaser. So it will be interesting to see what , if any , reaction we have now from the Global players.

H7

[thebabe] 17/4/2022 08:29

I'd agree H that the change in publically stated sentiment is very conciliatory.Plenty of M+A has happened in past 25 years , so o and g not a barrier necessarily, it would be no surprise if a KOMO style body emerges that owns some of the 42% not in top 10 holder's hands..I'd also expect a leveraged recapitalisation before a sale, let's see.

[highlander7] 17/4/2022 08:13

Kurdistan is no more corrupt than the UK. ( 90% of Conservative MP's have Offshore Accounts / COVID PPI Contracts handed out to mates etc etc )). In any case KRG corruption with their oil revenue ( AFTER they have paid the producers BTW )is not our concern.

This apparent breakthrough after over a decade of negotiations IS our concern.

H7

[releasethekraken] 17/4/2022 07:26

It's very likely IMO that the KRG and ruling families will want the small players sold prior to a formal o and g law , if there ever is one.Their scope for corruption will be reduced.I anticipate they own a chunk of GKP too.

[highlander7] 17/4/2022 06:31

Bigdog - "Of course the hosts want to set up their own company, can you suckers think why that would be:-)"


Here we go again LOL. Geopolitics has been explained to Doggie many many times. As have the challenges of producing Oil in under developed regions . These issues have always been light years above his head. He never understood then , and he cant understand now.

The ICG recognising Kurdish PSC's is a major acknowledgement of the legitimacy of Kurdish Oilfields and must surely lead to the acceptance of the Long disputed O&G Law. That in turn should open the doors to M&A activity amongst the oil producers.

Something poor old Doggie has been telling us for over a decade would never happen.

H7

[nestoframpers] 16/4/2022 22:30

And imo 9 bn of those blls are in Shaikan

[habshan] 16/4/2022 21:05

Bigdog - "Of course the hosts want to set up their own company, can you suckers think why that would be:-)"

Hello Sarah. As the boards no.1 turnip head and undisputed queen of the failed prediction even you should be able to work that one out.

Here's a clue for you as to why the ICG and the KRG have been battling all these years over control of the Kurdish oil & gas industry:-

"The Kurdistan Region estimates that it has recoverable reserves of at least 45 billion barrels of oil and 5.66 trillion cubic meters of gas"

[beernut] 16/4/2022 19:53

Last 2 paragraphs.
Oil and gas law enacted soon.
( from previous posts 80% of Krg contacts ok 👍 all looking good )

Iraq's oil minister expresses optimism following talks with KRG over oil
Economy
oil
Kurdistan
gas
2022-04-11 17:48
A-
A
A+
Shafaq News/ Iraq's Minister of Oil, Ihsan Abdul-Jabbar Ismail, on Monday expressed optimism following talks with a delegation from the Kurdistan Regional Government (KRG) on the administration of Kurdistan's oil and gas wealth, and the Region's Minister of State for Negotiation Affairs with the Federal Government, Khalid Shwani, called for legislating of the oil and gas law.

Speaking in a press conference earlier today, Ismail said, "we discussed a joint mechanism to run the oil and gas industry with the delegation of the KRG."

Our purpose in the Ministry is to maximize the state's income in order to secure the salaries and lay the foundations of development," he continued, "the KRG delegation evinced an understanding for those necessities the Ministry accounts for"

"Today's talks were quite positive from the Region's...we expect the real work to kick off as soon as we got answers from the decision makers in Erbil," he concluded.

"KRG is seeking to address the dispute radically via the constitution in order to achieve the utmost interest of the Iraqis and distribute the income fairly between Kurdistan and Iraq."

"We have laid down what can be a foundation for a future roadmap to address the oil dispute, comprehensively and radically," he said, "the optimal solution is to legislate the oil and gas law."

"The Law shall be enacted soon. What we discussed today can serve as a nucleus for the oil and gas bill," he continued, "the talks a good start."

[releasethekraken] 16/4/2022 19:49

HTTPS://stockhouse.com/news/newswire/2022/04/14/ready-for-next-oil-boom-kurdistan-s-profitable-petro-playThe Iraqi-Kurdish petroleum exploration and production sector offers a unique proposition for investors. With Kurdistan as the autonomous region of Iraq, it is in the third largest OPEC producer.Kurdistan still stands as one of the frontier areas of oil and gas production and sits on 45 billion barrels of potential reserves on what they call the very prolific Western Zagros fault. A complex geological structure, these are fractured carbonates that only a few could capitalize upon.

[releasethekraken] 16/4/2022 19:47

#SNM SHAMARAN rights issue luvvly jubbly.They have almost certainly done this to force higher acceptable bid.They have been a huge takeover target for 3 years..HTTPS://www.investopedia.com/ask/answers/042015/why-shareholder-rights-plan-called-poison-pill.asp.It?s TAKEOVER TIME FOR ALL KURD INDY OILERS.FILL YER BOOTS

[bigdog5] 16/4/2022 19:44

Politics and the "its different this time" Oil law looking good then, lol.

Of course the hosts want to set up their own company, can you suckers think why that would be:-)

[releasethekraken] 16/4/2022 19:41

#SNM SHAMARAN rights issue luvvly jubbly.They have almost certainly done this to force higher acceptable bid.They have been a huge takeover target for 3 years..HTTPS://www.investopedia.com/ask/answers/042015/why-shareholder-rights-plan-called-poison-pill.asp.It?s TAKEOVER TIME FOR ALL KURD INDY OILERS.FILL YER BOOTS

[spark plug] 16/4/2022 18:37

How can we trust Baghdad when they have treated us so badly for many years - and where will any changes leave GKP - us LTH need a serious payday which while all this back and too goes on is not going to happen - I'm 70 next year - I want a result now - not when I am 6 ft under!

[beernut] 16/4/2022 17:52

Nice one Oilio