Gulf Keystone Petroleum Share Discussion Threads

[thebabe] 28/6/2022 07:54

5.03% a year ago.5.08% a year later.No they don't hold broadfraudster

[thebabe] 28/6/2022 07:53

Me too they did the same just this time last year 5.03% to under 5% ,no idea why they keep farting around 5% to just under, I'm guessing it's housekeeping or some regular administration practice across funds.This year 5.08% to under 5%

[pensioner2] 28/6/2022 07:51

There you go Denzil. That explains the 50 x £20k. £1M = c.370k shares.

[broadford bay] 28/6/2022 07:50

Blackrock don't "hold" - they trade; they trade the pants off it.

...but that view doesn't suit you, does it?

[shortsqueezer] 28/6/2022 07:31

They are just doing what they've always done. Hokeycokeying either side of the 5 percent. Why; I haven't got a clue.

[attyg] 28/6/2022 07:21

Well Black Rock now below 5% - the RNS doesn't say how many they still hold.

Gotta say, I have no idea what is going on - if anything.

I think Eric Nuttal has it right - over-reaction about recession and its impact on the oilies. Exxon Shell etc have all been down.
Stick around for the divvies and in a year's time we will be £4+

[highlander7] 28/6/2022 05:57

This is whats needed alright. Unfortunately Biden doesnt have either the intelligence or vision to see it. We need President Trump back.

H7

[beernut] 27/6/2022 23:05

A targeted intervention could aid American interests and the global effort to find a substitute for Russian and Iranian oil and gas.

On February 15, 2022, Iraq’s Federal Supreme Court ruled that the 2007 oil and gas law for the Kurdistan Region was unconstitutional, requiring a review of numerous production sharing contracts and oil sales agreements. If the case prevents oil exports via Iraqi Kurdistan, then the world market will almost immediately lose 500,000 barrels per day, triggering higher oil prices, expanded windfalls for Russia and Iran, the collapse of Iraqi Kurdistan’s economy, and a dangerous turn in Baghdad’s ties with Erbil and with Ankara.

In this timely Policy Note, Iraq expert Michael Knights calls for the United States to act with other concerned states to resolve the Baghdad-Erbil energy crisis. In doing so, he categorizes the sub-issues of FSC implementation on a spectrum from higher to lower consensus, and explains both sides’ views in an unvarnished, direct manner. A targeted intervention by the United States and its partners, the author argues, could guide the dispute toward a long-overdue resolution that greatly aids U.S. interests and the global effort to find a substitute for Russian and Iranian oil and gas.

[0ili0] 27/6/2022 22:06

Bigdog5 put 56 votes against a massive dividends payment 🤦‍a92;️
🎭🐐🎥↘ᥧ9;🚽

[0ili0] 27/6/2022 21:19

^^^^nutjob

[bigdog5] 27/6/2022 21:01

"Your" takeover via multi monikers has been coming for 8 years Carroll. Strange that you overlook that fact.

Could the hosts be lining it up for their KROC POT?

[releasethekraken] 27/6/2022 20:30

Takeover here has been a no brainer since first oil.Remarkably on these blogs everybody ( including many still here) thought it inevitable.Many of those here saying no no no , now, were all saying yes yes yes back then.LOLOf course 36,000 retail got stiffed when it never surfaced.Now of course at the moment of most obvious watershed for change of operatorship, FDP , apparently there is no chance.LOL.it's an utter inevitability, just sold to whom? when announced? And how much?Sit back relax , add whenever you can, and wait for the RNS.

[releasethekraken] 27/6/2022 20:29

Peel HuntNew noteTarget price 348p

[releasethekraken] 27/6/2022 20:28

#CONDOG-USA 27,833 paid bash posts

[bigdog5] 27/6/2022 20:20

GoatCam27 Jun '22 - 16:26 - 656320 of 656347
0 0 1

"i think there are only about 5 people who comment here. Most aliases are Paul's. They are easy to spot as they all just agree with each other regarding takeover tomorrow...."

Don't leave out all the avatars from the cross dressing sarahgibbs/habsham, oilol, as it will upset her. Carroll has used at least 100 over the years and Hills won't be far short of that number.

[ptmorris1] 27/6/2022 19:50

nestoframpers 27 Jun '22 - 19:25 - 656345 of 656345

Tell me, I've just been painting our bathroom. Double whammy.

[denziiil] 27/6/2022 19:49

Around 50 lots of £20k.

[nestoframpers] 27/6/2022 19:25

It's like watching paint dry , but hey it's getting drier !

[releasethekraken] 27/6/2022 18:24

Cannacord target is 335

[releasethekraken] 27/6/2022 18:24

Peel HuntNew noteTarget price 348p

[goatcam] 27/6/2022 18:07

From 2017.

Gulf Keystone Petroleum Limited (LON:GKP) has been named by Peel Hunt as one of the possible takeover targets for 2017 in the oil and gas sector.

The Kurdistan based oil producer – which was recently rumour to be the subject of Chinese takeover interest - is one of five companies deemed by Peel Hunt to have a sensible mix of asset quality and balance sheet strength.

Others are Serica Energy Plc (LON:SER), Faroe Petroleum (LON:FPM), Bowleven Plc (LON:BLVN) and Toronto listed Africa Oil.

Peel Hunt analyst Werner Riding does, however, note that the market has anticipated merger and acquisition activity in the sector for some time without it materialising.

“The widely touted wall of sector consolidation wasn’t a theme we saw much chance of playing out during the most recent downturn,” Riding said.

He points to a number of possible factors that have limited takeovers. Riding says that one major reason is that the asset portfolios of many listed exploration and production groups have simply lacked relevance for larger acquirers.

The analyst also reckons overly complex capital structures and balance sheet arrangements have in some cases presented headaches for potential buyers. Also the prospect of having to corral retail investor heavy shareholder bases was seen as a turn-off for acquirers.

Incumbent management have also played a role in some cases, according to Peel Hunt.

Riding reckons that some management teams, running possible takeover targets, have put their personal interests ahead of their shareholders. “The strength of will for self-preservation shouldn’t be underestimated as a potential deal breaker,” he added.

“To summarise, as a result of the various life-support measures that have been taken by many in order to survive, there hasn’t been much in the way of oil and gas sector corporate M&A.

“Most completed transactions have been at the asset level, where those companies with a sufficiently healthy balance sheet – and therefore in a position to consider selective inorganic growth – have taken advantage.”

[goatcam] 27/6/2022 17:55

"On May 12, INOC published an analysis detailing how the KRG’s production-sharing contracts are financially worse for both the government and foreign oil firms than federal Iraq’s own technical service contracts. According to the report, the KRG’s contracts with multinational corporations and the exportation of extracted oil and gas violate the Iraqi constitution as it deprives the federal government of control over the country’s oil and gas industry."



Looks like we might even be better off dealing with Baghdad!

[thebabe] 27/6/2022 17:54

Brent up 2%

[thebabe] 27/6/2022 17:53

Cannacord target is 335