Gulf Keystone Petroleum Share Discussion Threads

[gkp_bang_gone] 12/8/2022 13:49

Nest - that is always your answer.
There may never be an HCL - they cant even form a government...............
It is in the KRG interest to get these indy cos sold to IOC sooner rather than later.
Wanda why do we need Wanda?
Its sold TBA.

[strummerjon] 12/8/2022 13:47

Well, there is another plausible reason.
I'd be giving away my cash to whom I chose, if I knew I was about to be robbed and lose the lot.
However, I remain optimistic as a holder, that the upside outweighs the downside and prepared to take the risk with the amount I have staked.

[nestoframpers] 12/8/2022 13:45

My answer is that nothing happens before HCL. Cant let the gene out the bottle early. Was it Todd that said Shaikan was a 'country maker' ?

[highlander7] 12/8/2022 13:39

That the $64k question. Why hand out large amounts of cash when they should have been investing in PF-3 , pipelines and associated drilling ?

H7

[gkp_bang_gone] 12/8/2022 13:23

If they were staying independant - and every corporate clue suggests they are NOT -
they will have to fund the FDP $ 1bn dollars over next 3 years.
So forget about future dividends for 3 years or so.
But as is obvious , they no longer give a hoot about holding cash , as they spent 180m dollars in just the past few weeks paying off bonds - and 2 sets of divs.
The company is OBVIOUSLY sold.New owners will finance future growth.
TAKEOVER ANNOUNCEMENT IMMINENT.

[bumkin] 12/8/2022 13:04

Nothing declared yet 1khufu and no confirmation from me, I just put forward POSSIBLE dates based on last year's details. But I agree, due to the stronger dollar then 19p (for a $50m divi) would be more appropriate.

[nufc9] 12/8/2022 12:59

No Dividend has been declared yet 1khufu.......

[1khufu] 12/8/2022 12:46

Bumkin- Thanks for confirming the next dividend due payment 7th October 2022. as advised by Dividends Max website. Some other investors seem to think no dividend has yet been declared. I believe the declared divi could be as much as 19p.

[releasethekraken] 12/8/2022 12:32

HTTPS://twitter.com/ACryptoFuture/status/1557980717614862339?t=F3zg6dmuBFSxdPASTLMbcA&s=19

[releasethekraken] 12/8/2022 12:09

Actually by Sept 1 we will have had another payment so.....My numbers reflect the debt already being paid off?..As off now95 m ish in bank115 m debtorsSept 1. Debtors about 115m cash 125m.So 75m even 100m div likely?...However Wanda tells me it?s takeover time.

[releasethekraken] 12/8/2022 12:01

My numbers reflect the debt already being paid off.....As off now95 m ish in bank115 m debtorsSept 1. Debtors about 150m cash 90m.So 75m even 100m div likely......However Wanda tells me it's takeover time.

[bumkin] 12/8/2022 10:59

$75m+ would be nice but don’t forget the $100m already used to clear debt. But no harm in being optimistic 👍

PS. Unusual you being so positive RtK 🤔😆

[nestoframpers] 12/8/2022 09:54

From June presentation , POO rise has doubled our payments.

Crude oil payments

 $225 million net received in YTD 2022(1) for crude oil sales and arrears,
exceeding total net payments received in 2021(2) of $222 million

[releasethekraken] 12/8/2022 09:44

Current cash 95m ishPlus 115 m ish billedBy sept 2 150m billedIf they do declare another div expect 75m + imo.However what is Wanda there for??.Takeover

[bumkin] 12/8/2022 09:02

Last year's Interim Dividend:

Declaration date: 02/09/2021
Ex Divi Date: 23/09/2021
Pay Date: 08/10/2021
Amount: $50m
Per Share: $0.234/£0.1709

Equivalent Dates this year for possible Interim Dividend:

Declaration date: 01/09/2022?
Ex Divi Date: 22/09/2022?
Pay Date: 07/10/2022?
Amount: $??m
Per Share: $0.???/£0.???

Fingers crossed 🤞👍

[releasethekraken] 12/8/2022 08:51

HTTPS://twitter.com/ACryptoFuture/status/1557980717614862339?t=F3zg6dmuBFSxdPASTLMbcA&s=19

[johnbuysghost] 12/8/2022 08:38

Nice start.

I think we'll probably see at least 1 more big divi payment before year end......or a sold RNS. :D

[officerdigby] 11/8/2022 23:47

Nest, his idea is effect changes in democracies populations under pressure.Can easily force change of leadership say in UK to Labour that maybe would not be so Pro fighting in Ukraine.He uses his levers and sees what happens. Ukraine invasion was ultimately an experiment higher stakes than before (Crimea - massive success made him wildly popular. Galvanizing Pro Russian parts if Dombass provided meat for sn on going propaganda war that would provide excuse for current efforts

[1waving] 11/8/2022 22:44

HL were in the market today with dividend re-investments for both GKP divi payments in July.
.

[smidge21] 11/8/2022 21:28

That Putin gives a fig about ordinary folk is moot

[nestoframpers] 11/8/2022 21:25

I cant see Putin cutting off the gas to the EU what's the point of alienating ordinary folk? which he would do if the elderly die in the cold.

[beernut] 11/8/2022 21:03

Oil demand rises as gas prices surge: IEA
Economy
oil
International Energy Agency
2022-08-11 20:48
A-
A
A+
Shafaq News / Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are prompting countries to switch fuels for power generation, the International Energy Agency said Thursday.

Oil prices have dropped by $30 per barrel from a peak in June due to growing supplies and “escalating concerns over the deteriorating economic outlook”, the Paris-based agency said in a monthly report.

Meanwhile, prices of natural gas and electricity have jumped to new records, prompting some countries to switch to oil use, the IEA said.

“With several regions experiencing blazing heatwaves, the latest data confirm increased oil burn in power generation, especially in Europe and the Middle East but also across Asia,” the agency said.

“Fuel switching is also taking place in European industry, including refining,” said the IEA, which advises developed countries on energy policy.

Consequently, the IEA raised its demand forecast by 380,000 barrels per day.

Demand is now seen rising by 2.1 million bpd to a total of 99.7 million bpd in 2022. It will reach 101.8 million bpd in 2023, exceeding pre-Covid levels.

The IEA said European oil deliveries are being boosted by “exceptional demand” for heat and power generation and in industry.

The report comes as a European Union plan to cut gas consumption across the 27-nation bloc by 15 percent came into effect on Tuesday.

The effort is aimed at coping with the energy price crisis spurred by Russia’s war in Ukraine.

EU countries also fear Russia may cut gas supplies during winter in retaliation to Western sanctions over the war.

The IEA said the heatwaves and “the beginning of what may be a major rise in gas-to-oil switching under new EU guidelines in response to uncertainty surrounding gas supply from Russia are augmenting fuel oil and gasoil use.”

(AFP)

[nestoframpers] 11/8/2022 19:53

I dont think anyone listens to Maliki but he is still talking

[habshan] 11/8/2022 17:33

Brent back above $100.

Currently $100.02p.

Should be another good day tomorrow.