Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 26/8/2022 16:37

Big guns shooting it down on LSE. :).GKP on a SUBSET CPR have around 210m net entitlement reserves.Wood Mackenzie PRE Putin had them in at $8 base minimum case .....Plus there is all the gas......Now that is now worth 15 times more than 18 MTHS ago on wholesale mkt.Long term to Europe..? Well a fortune ..So the sale will be many billions.......That's why all retail blogs are constantly awash with boiler room bunnies talking it down...

[bigdog5] 26/8/2022 16:27

I see that nestofBS has posted up one of his favorites again. Nice picture but its totally misleading due to the "domes" being considerably flatter than those in the picture.

I also see on different bb's that values are again being referred to for the shaiCON very heavy which as per usual misleads you rampers into believing in ludicrous numbers. As I've mentioned before Total sold their percentage in a field and departed Koruptistan and were paid around $1.75pb for their top quality oil with an API of circa 40. shaiCON's is 12-18 API. So why would anyone pay more for the very heavy than top quality light oil?

I see that harriet highlander "forgot" about the gas. That's par for the course with her as she has an extremely short memory. But how much have they got, they don't know. Can they prove it up, not so far. So it doesn't have a value currently which of course means no one will pay for something that can't be proved. Exactly the same for the oil. No one buys what hasn't been proved up. So that of course leads back to what the current CPR states and even that will require imho a material reduction. Even using the price that Total received (I'm being extremely generous) that would equate to an asset value of £1.75ps. Add in a generous premium (30%) and that achieves a value of £2.25ps in any sale of any description.

But on the positive side, I always try and maintain a balanced view, they do have a vast amount of Sulphur which could possibly bring in a few quids if anyone is in the market for Sulphur mountains and there's quantities of water being found, so silver linings:-)

[arcadian] 26/8/2022 15:33

Do you remember the discussion with Bob about the BOD and anti semitism ?


Re today I confess that I am excited at the possibilities on Sept 1st

[pro_s2009] 26/8/2022 13:35

260p done.

Will we get to 270p before interims ?

[highlander7] 26/8/2022 10:51

I forgot about the gas. Its probably worth more than the oil these days. Then we have the Condensate that is worth more than the oil on a per bbl basis.

H7

[0ili0] 26/8/2022 10:40

🐰💰📈📉8176;🐰

[steephill cove] 26/8/2022 10:21

I couldnt agree more with your last two posts GC ✅

[giant_canine] 26/8/2022 10:18

Big guns shooting it down on LSE. :).GKP on a SUBSET CPR have around 210m net entitlement reserves.Wood Mackenzie PRE Putin had them in at $8 base minimum case .....Plus there is all the gas......Now that is now worth 15 times more than 18 MTHS ago on wholesale mkt.Long term to Europe..? Well a fortune ..So the sale will be many billions.......That's why all retail blogs are constantly awash with boiler room bunnies talking it down...

[ozzmosiz] 26/8/2022 08:24

Wouldnt want to be out over the long UK bank holiday weekend

[giant_canine] 26/8/2022 07:53

Net cash Sept 1 will be $ 125/130m ish Debtors with another Aug invoice around $ 120mSo proforma cash near enough 1/4 billion bucks. :)Dividend IMO $75m + more around 30p + a share.If they pay one.I expect some corporate news - a big dividend is minimum expectation.....

[turvart] 26/8/2022 06:48

Yep I certainly wouldn't be surprised to see 75 Mln announced, also agreed on golden cross and when they happen they are usually accurate.

Still sat on my hands.

[steephill cove] 26/8/2022 03:16

Nest, I hope that its more like a $75M+ GKP Dividend announced next Thursday that creates further GKP chart momentum.

We are gearing up quite nicely towards a potential Golden Cross shortly 🚂📈🏁🏆8077;💪✅;

[tankerted] 25/8/2022 21:38

Also concur with the good Turvart thought process. Since you turned up things have only got better. TT

[turvart] 25/8/2022 21:25

Agreed on figures,

I need to see 72.5p EPS for the Interim for my estimate of 145p EPS for the year, hope we get the 72.5p or beat it, sets us up for a 750p share price in future.

[releasethekraken] 25/8/2022 20:44

About 125m currently About same owing to us by Sept 1

[nestoframpers] 25/8/2022 20:03

What have we got in the bank then ? - from the RNSs

Robust balance sheet, with a cash balance of $247.0 million at 23 June 2022

22 June 2022
Gulf Keystone Petroleum Ltd. (LSE: GKP)

Shaikan Payments Update



Gulf Keystone confirms that a gross payment of $62.0 million ($48.5 million net to GKP)

Gulf Keystone Petroleum Ltd (GKP)
Shaikan Payments Update

15-Jul-2022 / 10:19 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.




15 July 2022

Shaikan Payments Update
Gulf Keystone confirms that a gross payment of $48.7 million ($38.1 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during April 2022.

25 August 2022

Gulf Keystone Petroleum Ltd. (LSE: GKP)

(“Gulf Keystone”, “GKP” or “the Company”)

Shaikan Payments Update
Keystone confirms that a gross payment of $56.1 million ($43.9 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $58.2 million ($45.5 million net to GKP)

So

$43.9
$38.1
$48.5
$247.0 +
-------
$337.5
-$100 Bond redemption

=$ 237 mill in the kitty

Plenty for another $50 mill Divi then .

[broadford bay] 25/8/2022 18:52

Heh Habbie,

it's so "irrelevant" that you yourself quoted it:

"And how do you think Dan Brouillette and the overseas investors that Kurdistan is HOPING to attract..."

As I said, Hope springs eternal - a bit like the SH aquifers.

[releasethekraken] 25/8/2022 18:37

He has to be paid or he is insane.Could be both though :)#28,515 posts - extraordinary body of work .......99.99% posted after wake up time across the pond :)

[releasethekraken] 25/8/2022 18:36

.........................................................................TAKEOVER announcement next Thursday Sept 1BIGDOG re-iterates "CONVICTION BUY and HOLD"Commenting : " GKP is the most attractive independant E+P on Earth. It has clearly been groomed for sale over the past 18 months ... I expect a friendly deal, however do not be surprised if a competitive bidding war ensues, such is the enormous value of the company's 80% WI operatorship of Shaikan."Target takeover price 45 pounds +...............................................................................

[jackpotjack] 25/8/2022 18:20

Ha exactly and why the share price has gone up as no one believes anything from the clown court in the South.