Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 18/10/2022 15:52

If I wanted to trade oil , it's much easier and profitable trading Brent options/futures etc.....

[beernut] 18/10/2022 15:52

KRG to continue negotiations with the new federal government regarding Kurdistan's entitlements
Kurdistan
Kurdistan
Iraqi government
2022-10-18 11:47
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Shafaq News/ The Kurdistan Regional Government (KRG) urged, on Tuesday, the Kurdish parties that would participate in the next federal government to emphasize the topics that the government adopts in dialogues and negotiations with Baghdad, which are the oil file, the Peshmerga forces and Article 140 of the constitution.

In the Constitution, Article 140 was specially written to address the issue of lands that are disputed between the KRG in Erbil and the federal government in Baghdad. The areas are in Diyala, Kirkuk, Nineveh, and Saladin governorates.

On the outstanding issues with the Iraqi government, KRG's spokesperson, Gutiar Adel, explained that Baghdad "did not send the financial dues to public sector employees in the region this year according to the agreement, knowing that the Kurdish government has complied with all that is required."

On the energy file, the spokesperson confirmed that the problems regarding Kurdistan's share and right to export oil independently are still a thorny issue with Federal Oil Ministry.

Under the Iraqi constitution, Kurdistan is entitled to a portion of the national budget. But the arrangement collapsed in 2014 when the Kurds seized control of Iraq's main northern oilfields in Kirkuk from ISIS and began selling crude independently.

In 2018, Iraqi forces retook disputed territories, including the oil city of Kirkuk, and Baghdad resumed some budget payments, but they have been sporadic.

Concerning the new government headed by CF leader Muhammad Shia'a Al-Sudani, he added, "the political parties directly negotiate this issue," and the Kurdistan Regional Government called for all Kurdish political parties to adhere to the constitution and follow up on the problem of the disputed areas, the oil file, and the Peshmerga issue."

[beernut] 18/10/2022 15:50

The new Iraqi President, and US Ambassador, discuss the bilateral relations
Iraq News
US ambassador
Iraqi president
2022-10-18 13:04
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Shafaq News/ On Tuesday, the Iraqi President, Abdul Latif Jamal Rashid, met at Al-Salam Palace in Baghdad with the US Ambassador to Iraq, Alina L. Romanowski.

According to the Iraqi presidency, the US ambassador congratulated the president on assuming his position, wishing him success and confirming Washington's "commitment to supporting Iraq's security and stability and citizens' safety."

Both sides discussed bilateral relations between the two countries and the importance of boosting cooperation and coordination in political, economic, and cultural fields.

Last week, Iraqi lawmakers elected Abdul Latif Rashid as the country's next president.

Latif, 78, was elected with a vote of 162 out of 261 votes cast.

He served as water resources minister from 2003 until 2010 and has been an advisor to the head of state since.

Outgoing President Barham Saleh reportedly lost with 99 votes.

[sbb1x] 18/10/2022 15:17

Problem is oil price, its about to go under 90

[thebabe] 18/10/2022 15:08

Yes - MACD signal about to go vertical.
Added.

[sbb1x] 18/10/2022 14:46

The trend is your friend

[nestoframpers] 18/10/2022 14:12

The Chinese visit was so 'unsuccessful' that the Chinese sent a team to test Shaikan for themselves and discovered this

[habshan] 18/10/2022 14:00

Bigdog - "Xom had the field next to shaiCON, had a look at it and then departed the last great frontier. Massive clue?"

Half an hour later - "Why would any Major risk being blacklisted by Baghdad for current/possible contracts in Iraq where there is a load of oil?"

I think you're right Sarah, there is a massive clue.

You tell us they departed Kurdistan because there is no oil.

They then left southern Iraq where you correctly say there is a load of oil.

So maybe their departure from those places had nothing to do with the oil.

Maybe it was something else.

What do you think.

[habshan] 18/10/2022 13:40

"And does nestofBS know what happened in China and the presentation that was given to them by the man doing time for "misleading" those that don't take kindly to that sort of thing? I was reliably informed it was a complete farce by a poster."

So you were reliably informed by a poster Sarah.

I see.

Fascinating.

[thebabe] 18/10/2022 13:20

The key risk here is the BORG stealing the oil.

[rjmahan] 18/10/2022 12:53

Any thoughts / definitive sources on risks of this being taken by Iraqi govt / licensing issues ?

I'd like to invest more but really need to be comfortable about this and information is scarce.

Cheers

[thebabe] 18/10/2022 12:36

................................................................
TAKEOVER ANNOUNCEMENT COMING THIS WEEK
“confirmedR21;
by BIGDOG RE-ITERATES
.
CONVICTION BUY

" FILL YER BOOTS "
................................................................

[bigdog5] 18/10/2022 12:32

Mr Carroll, why would any Major risk being blacklisted by Baghdad for current/possible contracts in Iraq where there is a load of oil?

Haven't the hosts spelled it out that they have "way less than 3b barrels of proven oil"? That's a revised number down from the fabled and regularly quoted 45b. Could it be that number was always massively "amplified" in order to help with the 15+ years of negotiating an Oil law?

Then of course if anyone were to look at any of the company's CPR's it can be clearly seen there is only a couple of hundred million barrels attributed to them.

Have you not worked out why the company currently have 80% WI? Poor old h7 hasn't:-)

[thebabe] 18/10/2022 12:16

................................................................
TAKEOVER ANNOUNCEMENT COMING THIS WEEK
“confirmedR21;
by BIGDOG RE-ITERATES
.
CONVICTION BUY

" FILL YER BOOTS "
................................................................

[bigdog5] 18/10/2022 12:08

But Mr Carroll, Xom had the field next to shaiCON, had a look at it and then departed the last great frontier.

Massive clue?

[bigdog5] 18/10/2022 11:59

And does nestofBS know what happened in China and the presentation that was given to them by the man doing time for "misleading" those that don't take kindly to that sort of thing? I was reliably informed it was a complete farce by a poster all the rampers got very excited about whenever they posted!!

And does highlander7 know exactly why the Chinese were asked to have a look at shaiCON in the first place? It wasn't to evaluate the field for any due diligence purposes. And does he know exactly what they discovered?

The clue is that they haven't shown the slightest bit of interest ever since.

How's the 15 year of "negotiating" an oil law coming along? What about the 55k a day that been coming for eight years?

You're welcome:-)

[petebreeze37] 18/10/2022 11:16

Thought about topping up but wanted a bit lower.
The share price surely cant go much lower, its valued at not much more than a years income with a a conservative 50 years to run.

[habshan] 18/10/2022 11:12

Broadford - "Still no payment for June. 109 days since July 1st, when June invoice was presented. Are the hosts trying to tell us something?"

Yes.

"$64.8 million is an awful lot of money Mr Harris, you'll need to give us a bit longer to get it together this month."

[someuwin] 18/10/2022 10:57

Bought in again today.

[spark plug] 18/10/2022 10:05

SBIX - hows the chart looking? or are there too many external conditions to rely on chart directions - certainly around 195 is a popular buying price.