Gulf Keystone Petroleum Share Discussion Threads

[releasethekraken] 22/11/2022 16:24

Another 50,000 buy this time at 2.074th of the day

[beernut] 22/11/2022 15:32

Let’s hope GKP are part of the implementation

Barzani receives Chinese ambassador to Iraq
Kurdistan
Masoud Barzani
2022-11-22 13:28
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Shafaq News / The head of the Kurdistan Regional Government, Masoud Barzani, received on Tuesday the Chinese ambassador to Baghdad, Cui Wei.

A statement by the Barzani headquarters said that the ambassador congratulated Barzani on his election as head of the KDP and the success of the party's 14th conference.

The two sides commended the strong ties between Iraq and China, calling for implementing the programs agreed upon between the two countries, as well as always resorting to dialogue.

[johnbuysghost] 22/11/2022 15:25

Kilt is waiting with pork sword for you Bigdog.

[bigdog5] 22/11/2022 15:19

I think sarah should post up the "samimack" report so you suckers can look at the fantasy numbers talked about in it and then compare them to what the hosts have recently stated about them having "way less than 3b proven reserves".

A very similar story to Kozel's exaggerations and the CPR's???

You're welcome.

[bigdog5] 22/11/2022 15:13

No one is the slightest bit interested in 120m of 1P very heavy oil. If they were they've had 13 years to take it and for much cheaper than the current way over the top share price

If DNO walked away at way less than £1 (1p really) that writes and explains all.

More meets on the way for another round of oil law talks. They only had one a few days ago that has obviously resulted in the usual zero. Still, it's only been under negotiation for 16 years so what can they do eh.

Any agreement won't last anyway before all the accusations start and it's dumped as history has proved with all the other "agreements".

Happy to assist you clueless fantasists as always.

[gc321] 22/11/2022 13:07

Somethings up. £50k and £100k purchases going through...serious dough being invested

[releasethekraken] 22/11/2022 08:39

HTTPS://twitter.com/GoodnightCharl1/status/1594642963539398657?t=Z0vKKnKatNP9eURDICbYPg&s=19

[releasethekraken] 22/11/2022 08:33

Another 50,000 worked buy at 203.58

[releasethekraken] 22/11/2022 08:29

Yes revenue annually exceeds mcap,,,,That's pre 55k ...You can see why it is the hottest Indy e +p t/o target And why share price has been ground down for major stake builders pre sale

[r9505571] 22/11/2022 08:28

https://oilprice.com/Latest-Energy-News/World-News/Kurdish-Oil-Jitters-As-Iran-Bombs-Northern-Iraq.amp.html

[punter26] 22/11/2022 08:14

President Nechirvan Barzani to visit Baghdad

"The disputed territories between Erbil and Baghdad as well as energy management are at the forefront of the outstanding issues between the two governments"
(Kurdistan24 22.11.22)


"Kurdistan Region President Nechirvan Barzani is set to visit the Iraqi capital Baghdad on Tuesday to meet with the country’s top officials to discuss the outstanding issues between the regional and federal governments, according to a statement.

Barzani will meet with his counterpart Latif Rasheed, Prime Minister Mohammad Shia’ Al-Sudani as well as the head of the judiciary council, Fayaq Zeidan, a statement from the Kurdistan Region Presidency read.

The latest political developments as well as Erbil-Baghdad relations are on the agenda of the Kurdish and Iraqi officials in Tuesday’s meeting. They will also highlight the regional developments, per the statement.

The Iraqi president has recently visited Kurdistan Region’s Duhok province to take part in the third version of the Middle East Peace and Security Conference at the American University of Kurdistan (AUK) in Duhok province.

The disputed territories between Erbil and Baghdad as well as energy management are at the forefront of the outstanding issues between the two governments.

A top Kurdistan Regional Government (KRG) official has recently told Kurdistan 24 that a government official will visit Baghdad to begin negotiations on the issues with Iraq’s new government.

Al-Sudani’s government has previously announced that it would work to send an oil and gas bill to the parliament within six months. Erbil has previously called for the enactment of a hydrocarbon law, in the absence of which, the Kurdish authorities have argued the energy disputes between the governments had persisted."

[releasethekraken] 22/11/2022 08:13

Another 50,000 worked buy at 203.58

[highlander7] 22/11/2022 07:44

You mean Doggie turns +ve on his view of GKP ?

LOL

[johnbuysghost] 22/11/2022 07:38

Today we will see shock and awe.

[releasethekraken] 22/11/2022 07:13

Yes revenue annually exceeds mcap,,,,That's pre 55k ...You can see why it is the hottest Indy e +p t/o target And why share price has been ground down for major stake builders pre sale

[ozzmosiz] 21/11/2022 21:00

Even so, market cap is around 11-12 months of payments to GKP, utterly crazy if you ask me.Keep the dividends coming

[r9505571] 21/11/2022 18:31

Consequently, we've seen sharp declines in the price of crude oil and base metals on concerns over weaker demand, which has acted as a drag on the basic resources and the energy sector."The declines in crude oil haven't been helped by a report that Saudi Arabia might back an increase in supplies."

[highlander7] 21/11/2022 18:07

JP MORGAN - The Outlook for Oil

High natural gas prices are also fuelling demand for oil, especially among industrial consumers. “Shortages of natural gas in Europe and the resulting spike in global LNG prices should trigger significant switching to other sources of energy. We increase our total estimates for additional oil demand from gas-to-oil switching by 700 kbd from October 2022 through March 2023,” said Natasha Kaneva, Head of Global Commodities Strategy at J.P. Morgan.

However, the upside risk to oil prices have eased in recent weeks as global growth is slowing and European natural gas prices have come down from historic highs. “We peg the gas-to-diesel switching price at 150 EUR/MWh, but today at 113 EUR/MWh, benchmark Dutch TTF gas price is at about a third of its peak in August, largely due to mild weather, strong LNG imports and rising stockpiles,” said Kaneva.

Meanwhile, the forthcoming U.S.-led price cap on Russian oil exports could send shockwaves through the global oil market. J.P. Morgan Research’s baseline view is that Russia will not comply with the price cap and will try to find alternative buyers for its oil. However, the price cap mechanism has created apprehension among market participants, limiting the availability of buyers and ships needed to move Russian oil. “Russia will likely eventually be able to source sufficient tanker capacity to deliver its oil, but not just yet. Today, we believe the country is at least 1 mbd short, necessitating production cuts,” added Kaneva.

As such, assuming that the oil market tightens into year-end and that the global economy avoids a recession, J.P. Morgan Research maintains that global Brent oil price will average $101/bbl in 2H22 and $98/bbl in 2023.

[habshan] 21/11/2022 17:36

r9505571 - "Oil down a whopping 6% to $82 a barrel. WTF??"

Two weeks tomorrow on Dec 5th "the European Union is set to impose an embargo on Russian oil and the Group of Seven wealthy nations’ plans to launch a price cap on Russian crude sales, potentially taking Moscow’s petroleum supplies off the market."

So to partially compensate OPEC+ are considering a production increase of 500kbpd.

Hence today's oil price volatility.

Whatever they decide to do will be announced at the next OPEC+ meeting which starts on Dec 4th.

What we do know is that they'll do what they think is necessary to maintain stability in the market and support the oil price.

It's now recovered to $86.7 ish.

[releasethekraken] 21/11/2022 17:27

Now rocketing back up

[releasethekraken] 21/11/2022 17:08

Poo surging back