Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 23/8/2022 13:50

Quite simple Ozz, its a massive problem as you've probably forgotten as that's what rampers are forced to do in the face of reality.

Kozel bragged about pumping 150k a day by 2014. By December 2014 they announced they had achieved around 42k a day.

I'll let that filter through before another of you clowns try and think up loads of excuses as to why they're nowhere close to that number eight years on.

[bigdog5] 23/8/2022 13:46

Getting all available money off the books and back to shareholders as fast as possible!!!

Now why would they do that in light of $1.5b required to try and fix all the fields massive problems and to get the FDP agreed that h7 said was sorted last October.

Do have a look back at the Presentations and you will notice that the hosts can speak for 20% + 7.5% + 7.5%. Unless of course its altered and they've forgotten to advise.

Just a lunchtime mull:-)

[bigdog5] 23/8/2022 13:34

highlander723 Aug '22 - 06:34 - 660023 of 660053
0 8 0
"Then we have a complicit media who support green energy and "Net Zero" and refuse to discuss either our dependence on Oil/Gas while we make the transition or the need for Energy security in the UK. Sadly honesty and common sense are not a requirement of being either a journalist or politician. At least not in the UK".

OR by all you rampers that have spouted BS for thirteen years whilst ignoring all the evidence that the field has massive problems which is why its only managed to achieve 45k a day from 15 wells after 13 years. You talk about honesty lol, you really shouldn't use words that you don't understand the meaning of. Who is paying and advising the habSHAM avatar for the carefully constructed BS excuses that you clueless morons cling to? Because that's what they are, invented excuses. PR driven perhaps?

H7
highlander723 Aug '22 - 07:02 - 660024 of 660053
0 7 0
From Bloomberg ...

"One big upside to a new Iranian nuclear deal is that Tehran’s oil could basically replace Russia’s in the European market, writes Julian Lee "

"The same could be said for Kurdistan IMO"

H7

The same could be said for Kurdistan, lol, lol, lol.
Had to save that one as its another classic from the "ex in the Industry BS inventor". Just where are these 45b Reserves the hosts keep mentioning as no one has found any of them in 15 years. Where are the Kozel billions of barrels that according to you clowns are being "hidden"??? How come the Reserve numbers have only fallen since the first CPR? Fifteen wells and no increases, how strange:-)

Perhaps the hosts are going to purchase shaiCON as that way all the non existent barrels can stay "hidden", lol. Just a mull:-)

[giant_canine] 23/8/2022 11:37

They start as single figures and during the day increase in size.
Auto generated - often exactly a minute apart.
This shows you how they started in yesterdays trading and increased throughout the day.

.

[urchin1] 23/8/2022 11:32

Day traders - looking for up / down share price direction!

[giant_canine] 23/8/2022 11:17

Its a means to acquire stock in bit size - without impacting price to much...bundle them up later , and pass them across.

[ozzmosiz] 23/8/2022 11:11

Been going on for the last week

[arcadian] 23/8/2022 11:10

What`s with all the single didget trades?

[nestoframpers] 23/8/2022 10:35

Will be needing all the oil and gas we can get.





All this was flagged by Peter Taylor in his 2009 book 'Chill '

[nestoframpers] 23/8/2022 09:50

what is pro doing here? hasn't he got his own BB pmsl.

[giant_canine] 23/8/2022 09:31

By Sept 1 we will have had another payment so.....My numbers reflect the debt already being paid off?..SoAs off now95 m ish in bank115 m debtorsSept 1. Another monthly invoice so Debtors about 115m cash 125m.So 75m even 100m dividend likely?..30-40p per share now that GBP:$ getting trashed .However new NED Wanda,and serious New Comms outfit tells me it?s takeover time.

[ozzmosiz] 23/8/2022 08:50

Not a lot to read at the moment. Just a waiting game

[pro_s2009] 23/8/2022 08:46

The alternate thread is here.......Oil and GKP only.



Less activity, more content.

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[pro_s2009] 23/8/2022 08:45

Warning shot to Biden........




Oil Spikes After Saudi Prince Hints At Shift In OPEC+ Strategy
by Tyler Durden Monday, Aug 22, 2022 - 11:35 PM

For almost two months we have been highlighting the dramatic (and growing) disconnect between physical and paper (futures) markets in the oil sector.

It appears that Saudi Arabian Oil Minister Prince Abdulaziz bin Salman has finally recognized this as an issue.

The implicit leader of OPEC said “extreme” volatility and lack of liquidity in the futures market are disconnecting prices from fundamentals and may force OPEC+ to act.

“The paper and physical markets have become increasingly more disconnected,” he said in response to written questions from Bloomberg News.

While futures prices are tumbling, in the physical realm, inventories of energy and metals continue to fall from already uncomfortably low levels as demand remains above supply in all cyclical commodities, except iron ore. Timespreads, the single most accurate measure of underlying fundamentals, trade at unprecedented levels of backwardation, irrespective of the price sell-off.

Prince Abdulaziz said futures prices don’t reflect the underlying fundamentals of supply and demand, which may require the group to tighten production when it meets next month to consider output targets.

“Witnessing this recent harmful volatility disturb the basic functions of the market and undermine the stability of oil markets will only strengthen our resolve,” he said.

These headlines sent the front-month WTI future rebounding from the 'Iran deal imminent' plunge...

As we noted previously, Goldman was all over this disconnect and has been buying every barrel of oil it can find...

"this latest commodity sell-off is completely delinked from physical fundamentals and driven by financial liquidation."

In a response to questions from Bloomberg, Prince Abdulaziz responded in writing:

Will OPEC+ have to respond?

In OPEC+ we have experienced a much more challenging environment in the past and we have emerged stronger and more cohesive than ever. OPEC+ has the commitment, the flexibility, and the means within the existing mechanisms of the Declaration of Cooperation to deal with such challenges and provide guidance including cutting production at any time and in different forms as has been clearly and repeatedly demonstrated in 2020 and 2021.

Soon we will start working on a new agreement beyond 2022 which will build on our previous experiences, achievements, and successes. We are determined to make the new agreement more effective than before. Witnessing this recent harmful volatility disturb the basic functions of the market and undermine the stability of oil markets will only strengthen our resolve.

Who could have seen that coming?

[trikytree] 23/8/2022 08:44

I came here to read about GKP but guess I got the wrong thread.
I’ve just opened a new position for the first time since I lost £20k on the way down 7 or 8 years ago. Hopefully better luck this time and hope the dividend can hold. It’s ridiculous.

[shortsqueezer] 23/8/2022 08:38

I think she does

[ozzmosiz] 23/8/2022 08:30

If she only watches catchup, why is she paying for a license (unless she watches the god-awful iPlayer)?

[shortsqueezer] 23/8/2022 08:29

Well we don't even watch the tv anyway. I've not switched it on this year. Wife watches a couple of things on her tablet on catch-up. So I cancelled the licence at the start of the year. She went and took one out herself. Bit annoying but at least I'm not paying for something I don't watch and get influenced by a biased corporation

[fardels bear] 23/8/2022 08:20

We've been out of the license for two years in January. Just pay for YouTube Premium and BritBox (ethnic advert free).. I can't understand why we didn't do it years ago. I used to sit there shouting at the TV News in such anger it did no favours for my blood pressure. YouTube podcasts taught me to give up big pharma meds; white flour, polyunsaturated seed oil, sugar and bread. I lost four stone and cured my own sleep apnea. BBC is bad for your health.