Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 30/9/2022 08:05

Encourage sells discourage buys

[giant_canine] 30/9/2022 08:05

Back to the open let's have.wide spread

[highlander7] 30/9/2022 07:34

Malcy.....

Oil price

A big rally yesterday which was probably mainly down to Hurricane Ian which has cut production in the Gulf, but already gone through and is now wreaking havoc in Florida. Whilst production will return it may be that onshore downstream facilities may restrict the product markets.

The EIA inventory stats were also better than expected, crude oil actually drew, albeit a small amount of 215/- barrels but the whisper was for a big build after the API stats last night and gasoline saw bigger demand and drew by 2.422m b’s and distillates by nearly 3m barrels. The refinery run rate fell by 2 clear points to 90.6% and as we approach the autumn I expect more. Don’t forget that the SPR release is about to end…

[highlander7] 30/9/2022 05:56

Bigdog - "What will Baghdad's next move be?"

To buckle under pressure from the US and accept a compromise deal with the KRG. One that includes accepting an amended Oil & Gas Law and more control given to SOMO in certain areas of KRG Oil exporting.

IMO

[nestoframpers] 29/9/2022 20:30

Account of the killing of the Kurdish ethnic Iranian that started the uprising quite harrowing , she was with her family in a van when it happened.

[arcadian] 29/9/2022 18:19

GC

Time for the 10th hour of the 10th day of the 10th month. Who knows but a cut in supply is more likely to bring us good fortune before then and we are owed a payment from the KRG.

[habshan] 29/9/2022 17:36

Bigdog - "What will Baghdad's next move be?"

Well it doesn't matter does it.

All their previous moves have been totally ignored so no doubt their next one will be as well.

[giant_canine] 29/9/2022 16:47

Why does GKP yield 400% more than its in country peers with same risk profiles ?Answer - above - INCOMING TAKEOVER

[giant_canine] 29/9/2022 16:46

It is thought that the board would not accept the estimated £8-a-share that Exxon is considering and that a number of other companies, perhaps including China's Sinopec and Californian giant Chevron, are monitoring the situation. There is even some speculation that an informal four-way auction for GKP might be under way, while it is also believed that the company has spoken to at least two smaller businesses about potentially developing its assets in a joint venture.

[giant_canine] 29/9/2022 16:46

KRG getting its financial affairs in orderToday 14:03KRG putting its financial commitments to the oil sector in order is essential for future IOC’s large scale investment and development due diligence ,GKP debt free oil producer with large field upside development prospects route to the European market is a prime target

[bigdog5] 29/9/2022 16:43

Jewel in the crown lol. Only in a Ratners shop.

No takeaway again today I note.

What will Baghdad's next move be?

Is Mr Carroll aware of how much debt the hosts have?

[giant_canine] 29/9/2022 15:56

KRG getting its financial affairs in orderKRG putting its financial commitments to the oil sector in order is essential for future IOC’s large scale investment and development due diligence ,GKP debt free oil producer with large field UPSIDE DEVELOPMENT PROSPECTS route to the European market is a PRIME TARGET

[giant_canine] 29/9/2022 15:55

It is thought that the board would not accept the estimated £8-a-share that Exxon is considering and that a number of other companies, perhaps including China's Sinopec and Californian giant Chevron, are monitoring the situation. There is even some speculation that an informal four-way auction for GKP might be under way, while it is also believed that the company has spoken to at least two smaller businesses about potentially developing its assets in a joint venture.

[giant_canine] 29/9/2022 15:35

Why does GKP yield 400% more than its in country peers with same risk profiles ?Answer - above - INCOMING TAKEOVER

[nufc9] 29/9/2022 15:18

Delivering value to shareholders
Balancing material long-term profitable production growth with attractive returns to shareholders.


Robust financial position
Shaikan is highly cash generative, which combined with prudent financial policies and an ongoing focus on strict cost control and capital discipline, ensures the Company maintains a robust balance sheet.


Strong governance and organisation
With a talented local and expatriate workforce, a highly experienced management team, and overseen by a strong and diverse Board, GKP has the team and structure in place to deliver on its ambitious growth objectives.


Long life asset
With over 100 million barrels produced to date, the Company has a deep knowledge of the reservoir, materially de-risking production operations. With gross 2P reserves + 2C contingent resources of 782 MMstb, Shaikan is set to continue to produce for decades into the future, making a positive contribution to the region whilst helping Kurdistan meet its energy transition goals.

[broadford bay] 29/9/2022 14:38

What happened to Jewel in the Crown...?

[highlander7] 29/9/2022 14:33

Gulf Keystone

@Gulf_Keystone

Operator of the Shaikan Field, one of the largest developments in the Kurdistan Region of Iraq.


Just in case you forgot......

[habshan] 29/9/2022 14:02

Brent back above $90.

Currently $90.04.

[giant_canine] 29/9/2022 13:13

Why does GKP yield 400% more than its in country peers with same risk profiles ?
Answer - above - INCOMING TAKEOVER