Gulf Keystone Petroleum Share Discussion Threads

[nufc9] 09/12/2022 08:22

DNO announced $80m share buyback this morning

[highlander7] 09/12/2022 08:17

Bloomberg....

Exxon also set its capital budget for next year at about $24 billion, which comes in "near the top end" of the $20 billion to $25 billion range that was estimated. Bloomberg wrote in a wrapup this morning that "the plan is expected to help the company double earnings and cash flow potential by 2027 as compared with 2019" and laid out other key points from Exxon's presentation, including the whopper that earnings and cash flow growth are expected to double by 2027: *

* Earnings and cash flow growth expected to double by 2027 vs 2019 and Investments in 2023 are expected to be in the range of $23b to $25b to help increase supply to meet global oil demand.

[johnbuysghost] 08/12/2022 23:20

Yep, dividend buyers would rather reinvest at £2 per share, rather than £100 per share........

[ticketmaster] 08/12/2022 22:35

Personally I'm going to keep the faith. Fingers crossed we will get our just deserts.

[ticketmaster] 08/12/2022 22:32

We can't have Joe public thinking this is going up, I mean they might start putting on some buying pressure and the price might go up, making future purchases more expensive and profits lower.

[ticketmaster] 08/12/2022 22:15

Maybe, but I believe 'they' want to keep share price under control!
Between 195 and 2.20 for what ever the final end game might be, that is the current aim.

[ptmorris1] 08/12/2022 21:59

Nice to see that GKP gets two mentions.

[nestoframpers] 08/12/2022 18:15

A very clever busy chap.

Looks like they want GKP at under £2 over the week end.

[nestoframpers] 08/12/2022 18:14

Nufc9 there is another mention bottom of 1st para


Mr. Lohia has also advised on a range of capital markets and restructuring transactions, including Saudi Aramco on the preparation phase of its initial public offering; Pacific Drilling on its comprehensive restructuring; Gaztransport & Technigaz on its IPO (Paris); Essar Energy on its IPO (London) and convertible bond offering; Ophir Energy on its placing and rights issue; and various financings in the equity, investment grade and high-yield markets for BP, Eni, Repsol, Schlumberger, Tullow, SOCO, Sparrows, Lundin Petroleum, DEA, Gulf Keystone, Expro and Borets.

Prior to joining Evercore, Mr. Lohia was at Deutsche Bank in London, initially in the financial sponsors and leveraged finance groups and subsequently in the energy investment banking group. Before that, Mr. Lohia worked at Deloitte in London, where he also qualified as a Chartered Accountant.

Mr. Lohia holds a master’s with distinction in finance from the London Business School and a first-class bachelor’s degree in finance from Cardiff University.

[gazebo79] 08/12/2022 16:02

I believe Chev was on bloomberg last night with $17bil budget for 2023 also. So still investing

[nufc9] 08/12/2022 15:59

Aditya Lohia
Managing Director | London
Global Advisory | Strategic Advisory

Notable M&A and strategic advisory assignments include advising Technip Energies on the sale of a 9.9% stake to HAL Investments; TPG on its acquisition of 1GW solar PV projects portfolio from Trina Solar; TietoEVRY on the sale of its oil & gas digital business to Aucerna and Quorum; OEG on its acquisition of Hoover Ferguson’s offshore entities and assets; EQT on its sale of Altus Intervention; Irving Oil on its acquisition of the Tedcastle Group; GMS on activist defence and on a strategic review of the company; Acteon on its acquisitions of Benthic and Proserv FTS; SOCO on its acquisition of Merlon Petroleum; FMC Technologies on its merger with Technip; Subsea 7 on its merger with Acergy; Premier Oil on defence, its farm-in to a 60% interest in the Sea Lion oil field and its acquisition of a c.18% interest in the Wytch Farm oil field; Repsol on its acquisition of Talisman Energy and acquisition of 10% of its own shares from Sacyr; RWE on its disposal programme and sale of a 20% interest in the Edvard Grieg oil field; KBC on its recommended offer from Yokogawa; Borets on the buyback of 38% of its own shares from Weatherford; GULF KEYSTONE PETROLEUM ON DEFENCE; Charterhouse Capital on its sale of Lucite to Mitsubishi Rayon; and Apax Partners on its sale of Mölnlycke to Morgan Stanley & Investor AB.

[johnbuysghost] 08/12/2022 15:18

SP rocketing!! :D

[davetedjack] 08/12/2022 15:05

Please don't say your life is on hold waiting for a company to complete a sale that may (hopefully will) or may not take place. Get on with life and enjoy the bonus if it comes.

[bigdog5] 08/12/2022 14:58

I note that the Annual Rampathon is in full swing.

I also note how desperate the delusional rampers here have now become to sell up!!! And yet they were only telling all how happy they were to receive the dividends for years, lol. So in all truth just part of their massive CONS!!!

I see there are the ludicrous comparisons appearing yet again with other companies as regards production and values. Then there's the usual chat hyping up the agreements that are still nowhere close after 16 years and won't ever be until Erbil comes to their senses. Yet more meets between Baghdad and Erbil with the usual rhetoric that we've been seeing for 16 years.

And the deluded fantasists here continue with their desperate attempts to CON the unsuspecting.

There's been no interest in the field, the expensive issues and risks it has are clearly obvious for the "experts" to see. £4.60 ramped up by fantasy and BS and now showing 2p after 13 years!!!

If the field was any good it would have been taken years ago. Follow the money and there will be found the answers:-)

[highlander7] 08/12/2022 14:41

Bloomberg....

Exxon also set its capital budget for next year at about $24 billion, which comes in "near the top end" of the $20 billion to $25 billion range that was estimated. Bloomberg wrote in a wrapup this morning that "the plan is expected to help the company double earnings and cash flow potential by 2027 as compared with 2019" and laid out other key points from Exxon's presentation, including the whopper that earnings and cash flow growth are expected to double by 2027: *

* Earnings and cash flow growth expected to double by 2027 vs 2019 and Investments in 2023 are expected to be in the range of $23b to $25b to help increase supply to meet global oil demand.

[punter26] 08/12/2022 12:52

KRG delegation will pay another visit to Baghdad in near future: KRG

"The Council of Ministers decided that the KRG delegation will pay another visit to Baghdad in the upcoming days to continue negotiations."
(Kurdistan24 07.12.22)



"The Council of Ministers today discussed the trip by the Kurdistan Regional Government’s (KRG) delegation to Baghdad in a meeting chaired by Kurdistan Region Prime Minister Masrour Barzani.

The Council of Ministers decided that the KRG delegation will pay another visit to Baghdad in the upcoming days to continue negotiations, the KRG said in a press statement.

Moreover, the Council also appointed a Legal Ministerial Committee to prepare for the implementation of the ministerial platforms specific to drafting several bills, including oil and gas.

The Council also welcomed the Iraqi federal government’s decision to re-establish a committee to implement Article 140 of the Iraqi constitution relating to the disputed territories between Erbil and Baghdad.

The meeting also discussed the draft bill of the Iraqi Ministry of Water Resources, which the KRG said violates the Iraqi constitution.

"According to Article 114/7 of the lraqi constitution, formulating and regulating internal water resources policies for distribution shall be regulated by the law, while Article 115 states that when powers are shared between the federal and regional government, priority shall be given to the law of the regions and governorates not organized in a region in case of dispute," the KRG said.

Therefore, Prime Minister Barzani urged the KRG and Iraqi government to cooperate and benefit from water resources, particularly at a time of a worsening climate crisis which affects Iraq."

[punter26] 08/12/2022 12:16

Parliamentary Finance Sets The Date For The Arrival Of The Draft Budget Law To The House Of Representatives
KRT 2022-12-07

"The Finance Committee in the House of Representatives set, today, Wednesday, the date for the arrival of the draft federal budget law to Parliament, while explaining the reasons for the delay in completing its draft so far with the government.

A member of the committee, Mueen Al-Kazemi, said, "The draft budget will reach Parliament early next year, as it has not yet been completed with the Ministries of Finance and Planning due to the high claims that have arrived from ministries and provinces, amounting to 222 trillion dinars, and need to be reviewed and amended."

Al-Kazemi added, "The House of Representatives will start its legislative recess on the 8th of this month, and when the draft law reaches the House of Representatives, the House will take two months or more to study, discuss and vote on it."



The Iraqi House of Representatives legislative recess begins today, and the draft budget is therefore not expected to reach Parliament until early next year. (Punter26)

[nufc9] 08/12/2022 11:26

PM Barzani expresses optimism about resolving the Baghdad-Erbil differences

Shafaq News/ The Kurdistan Regional Government (KRG) will never cease to defend the constitutional rights of its people, Prime Minister Masrour Barzani said on Thursday, showing optimism about resolving the Baghdad-Erbil row soon.

Prime Minister Barzani's remarks came during a keynote speech he delivered during a ceremony on laying the foundation stone of the British University in Erbil earlier today.

Citing the role universities had played in Kurdistan's community, Prime Minister Barzani said that the British University might be a mark in the region's cultural and educational program.

Barzani said that his cabinet renders education a priority and works to help educational centers in the region to reach international standards.

"Our aspirations are too big. Bigger than the capabilities available to us, but we will never cease to support education," he said.

On the ties between Baghdad and Erbil, he said, "we will continue to make things better in the region. Our delegations continue to hold negotiations with the federal government. The Baghdad visit will continue until we find solutions for these differences."

Hoping that the KRG delegations manage to find common ground with Baghdad, Barzani said that resolving the ongoing disputes with Baghdad will achieve progress in the region at all levels.

" We are optimistic. However, we will not compromise on any of our constitutional rights. We will defend our people's rights," he concluded.

[punter26] 08/12/2022 11:21

"Iraqi Dinar News Oil & Gas Law, International Law & Instructions, And The Sinjar Agreement".

IRAQIDINARNEWS 04.12.22



[Recap of past week's news from Iraq Dinar News - YouTube]. ("O&GL" @ 2:30mins)

[bumkin] 08/12/2022 11:13

Couldn’t agree more lads.

£5+ then I’d be comfortably in profit.
£10 to £20 then me and the family would be ecstatic.
£20+ I would be too old to spend it, but the kids would be happy 🤔🤣😆

[nestoframpers] 08/12/2022 10:20

I don't doubt your workings Bumkin , I worked out using the FP figs of 2.5 % a share price of £149 years ago with a low POO but felt we would be ripped off so applied a 50% risk so my guesstimate was £ 74.50 , all good fun while we wait. I am past caring after 13 years just get the Elephant sold .