Gulf Keystone Petroleum Share Discussion Threads

[sbb1x] 05/7/2022 21:29

Today was a buying day and not a selling day, those that sold might have to be quick in the morning

[habshan] 05/7/2022 21:14

"Expecting this to gap up in the morning and head towards 250"

And Brent has recovered $2 since London closed.

Warren Buffet has been loading up with oil stocks lately, he'll have been like a kid in a sweet shop today.

[sbb1x] 05/7/2022 21:09

Expecting this to gap up in the morning and head towards 250??BREAKING:*DOW ENDS 130 POINTS, 0.4%*S&P 500 ENDS UP 0.2%*NASDAQ ENDS UP 1.7%?? ?? https://t.co/MpPZE8C8J9

[habshan] 05/7/2022 21:05

Bigdog - "Are you suckers still in denial about the massive problems they're having increasing production?"

The only "massive problem" that I can see Sarah is your complete inability to understand what's been going on over the years.

They've never had problems increasing production before so what makes you think they're having problems now.

The field went into production in July 2013 and less than 2 years later in June 2015 they'd shot up from zero to 44.6kbpd.

Then the money problems really set in and they had to stop spending which resulted in no maintenance on the wells and the inevitable drop in well performance over the next 3 years until June 2018 when production had declined to 31.5kbpd.

Then when they started spending again in June 2018 it took them only 3 years of work (if you strip out the 15 months lost to covid) to get back to the current 45.9kbpd with at least 9kbpd waiting to come back on line from Sh-12 and workovers probably by the end of the year which will take us to at least 55kbpd.

The only problem in all of that Sarah apart from the normal run of the mill issues that you expect when developing an oilfield has been money, and now we've got plenty of it.

So all we need now is the FDP approved and it's onward and upward to 100kbpd.

So all looking good.

[bigdog5] 05/7/2022 19:48

Down over 25% from a few weeks ago. Rather expensive for those that said £3.20 was cheap?

And where will the share price be when the OP retraces to $80/$90pb, £1.75? Could it retrace there after the next divi?

No oil law, 55k a day, FDP, companies exiting and all the uncertainty and accusations as bad as they've always been between Erbil and Baghdad.

Not a great advert is it:-)

[sbb1x] 05/7/2022 19:42

Oil back to where it was on 11th May.Excellent opportunity to buy down here with 32.5 percent dividend and No debt

[shortsqueezer] 05/7/2022 19:20

Oi paddy, where were you from 60p to ?3.20? LOLSchool starts by at 9 and doesn't finish till 3Bit restrictive that.

[goatcam] 05/7/2022 19:10

05-Jul-22 18:03:03 252.884 32,280 Unknown* 81.63k O

[goatcam] 05/7/2022 19:04

Oi paddy, where were you from 60p to £3.20? LOL

[the patriotic irishman] 05/7/2022 18:48

240p UT and 18p down on the day 😲


whoops that's the 'special' dividend gone too 🙈



'big background buyer' 'bang gone' 'deal done' and 'well on the way to 400's' eh 🤡


oh how I laughed and laughed and laughed 🤣 🤣 🤣

[pensioner2] 05/7/2022 18:36

Another good find, GC. Thanks. Let's hope the US lean on the Arabs.

[goatcam] 05/7/2022 17:50

The Kurdish Prime Minister confirmed to the US Ambassador that Kurdistan would never surrender its constitutional rights.

On Tuesday, PM Masrour Barzani received the US ambassador to Iraq, Alina L. Romanowski, and discussed the relations between the Region and the United States and the outstanding issues between the Kurdish and the federal governments.

Barzani reiterated that "Kurdistan is always ready to solve the outstanding problems with Baghdad based on the constitution, but it would never compromise its constitutional rights under any pressure or circumstance."

The PM confirmed that Kurdistan's development is in the interest of all Iraqi citizens, and the federal government should support the prosperity of any Iraqi region instead of creating obstacles and problems."

In turn, the US ambassador said that Kurdistan is a "friend and strong ally of the United States," stressing the need to solve the problems with Baghdad based on the constitution."

[thebabe] 05/7/2022 17:45

So do gkp That's why we have Wanda

[nestoframpers] 05/7/2022 17:39

Pottingdon was great , probably in a straight jacket now.

Where's Zorsaupas ? I think Bernards_Castle was one of his avatars.

2032 ! I want this sorry tale over this year .

[thebabe] 05/7/2022 17:31

JBThe company will still exist.Just won't be publicly quoted.TAKEOVER ANNOUNCEMENT IMMINENT

[thebabe] 05/7/2022 17:31

The size of the drop is not the interesting thing.It's how small the reaction here volume wise.Big price drop.Tiny shares traded volume.As anyone with a brain is waiting patiently for a very obvious incoming massive premium takeaway

[goatcam] 05/7/2022 17:29

oil price back to the 60 to 70 dollar range would probs equate to about 20m/30m divis a year.

[thebabe] 05/7/2022 17:22

Think big oil would prefer to have those

[shortsqueezer] 05/7/2022 17:19

I would be happy with these divis on a regular basis for the next 10- 20 years. It's beating my pensions by a mile

[thebabe] 05/7/2022 17:02

JBThe company will still exist.Just won't be publicly quoted.TAKEOVER ANNOUNCEMENT IMMINENT

[thebabe] 05/7/2022 17:01

#27,889 paid negative postings from Yankee Doodle CONDOG - Good Afternoon across the Pond boiler room :)- The biggest BUY signallers in town.(BTW - you haven't misread that 27 THOUSAND 889 sentiment attacking posts...)

[johnbuysghost] 05/7/2022 17:00

Goat, I hope GKP is still here on 2032.

Just compound it down for decades. ;)

[thebabe] 05/7/2022 16:59

The size of the drop is not the interesting thing.It's how small the reaction here volume wise.Big price drop.Tiny shares traded volume.As anyone with a brain is waiting patiently for a very obvious incoming massive premium takeaway

[goatcam] 05/7/2022 16:54

"Asset value £1.50 (1.5p really) Add in a small premium to reach £1.75 and add in the divis."

LOL you don't value a company like that fella