Gulf Keystone Petroleum Share Discussion Threads

[fairenough11] 17/1/2023 08:47

Genel don't think the late payments are worth mentioning so I think we can say it's probably down to the "other" discussions currently going on,Oil Law,change in pricing etc etc and in GKPs case,FDP.
One thing for sure all Kurdy Oil Cos will get paid imo.

[releasethekraken] 17/1/2023 08:38

The macd is the telling clue.Huge and steady accumulation since last October

[hydrocarbon1] 17/1/2023 07:55

ADVFN showed late reported trades from yesterday posted this morning.
Most significant 187,875 @ 197.60 (right in middle of spread) time- 17.54

16-Jan-23 17:54:04 197.60 24,519 Unknown*
16-Jan-23 17:54:04 197.60 187,895 Unknown*

[sbb1x] 17/1/2023 07:53

Should rns ... why we haven't been paid for August

[beernut] 17/1/2023 07:46

Kurdish President and White House coordinator discuss developments, ‘energy security'
US envoys in both Erbil and Baghdad attended the meeting as well. author_image Kurdistan 24
52 Minutes

Kurdistan Region President Nechirvan Barzani (right) during his meeting with White House Coordinator for Middle East and North Africa Brett McGurk in the capital Erbil, Jan. 16, 2023. (Photo: Kurdistan Region Presidency) Kurdistan Region President Nechirvan Barzani (right) during his meeting with White House Coordinator for Middle East and North Africa Brett McGurk in the capital Erbil, Jan. 16, 2023. (Photo: Kurdistan Region Presidency)
Kurdistan US Kurdistan Region Brett McGurk
ERBIL (Kurdistan 24) – President Nechirvan Barzani on late Monday received a senior White House delegation in Erbil, following the officials visit to the Iraqi capital earlier.

The latest political developments in the Kurdistan Region and Iraq as well as maintaining “energy security” were discussed in the meeting between President Barzani and White House Coordinator for Middle East and North Africa Brett McGurk, according to a statement.

Bilateral relations between Erbil and Washington, the “latest political developments in Iraq and the Kurdistan Region”, as well as relations between the federal government and its regional counterpart were discussed, a statement from the Kurdish presidency read.

US envoys in both Erbil and Baghdad attended the meeting as well.

Another senior official, US Special Envoy and Coordinator for International Energy Affairs, Amos Hochstein, also attended the meeting. President Barzani and the senior diplomats discussed developing joint cooperation in all areas, including “in the field of energy and maintaining energy security,” the statement noted.

“President Nechirvan Barzani presented a detailed overview of the developments in Iraq and the Kurdistan Region, including steps taken to resolve the pending issues,” the statement added.

Earlier Monday, McGurk met with Iraqi Prime Minister Mohammad Shia’ Al-Sudani in Baghdad, where they discussed bilateral relations.

[beernut] 17/1/2023 07:41

President Nechirvan Barzani discussed the latest political developments with a high-level US delegation
Kurdistan
Nechirvan Barzani

2023-01-17 05:38


Font
Shafaq News/ President Nechirvan Barzani received late Monday evening the National Security Council Coordinator for the Middle East and North Africa, Mr. Brett McGurk, who is visiting Iraq accompanied by a high-level US delegation including the US Special Envoy and Coordinator for International Energy Affairs, Mr. Amos Hochstein, and the US Ambassador to Iraq Ms. Alina Romanowski.
The two sides discussed the latest political developments in Iraq, US relations with Iraq and the Kurdistan Region, Erbil-Baghdad relations and the talks to resolve their differences, the developments in the Kurdistan Region, and the process of the unification of the Peshmerga

[shortsqueezer] 17/1/2023 07:08

Genl update. No mention of the overdue payments. Must be reasonably happy about the reason then. Interesting

[highlander7] 17/1/2023 05:02

The point is that it has been deliberately made this way for a reason. The same reason we have been harassed by the same trolls for ~ 12 years.

H7

[shortsqueezer] 16/1/2023 18:29

Nest, it's been an interesting and exasperating journey that's for sure.

[nestoframpers] 16/1/2023 18:27

When this is all over we will only remember the good times we had on the BB , that's the way it goes ;o)

[nestoframpers] 16/1/2023 18:20

CPR 1 & 2 were a total disgrace they reduced a sea of oil to a small lake, but it was meant to be that way, keep it below the radar. ECRE the Co Cashti Harawri set up did the dirty deed. He also authorised GKPs entry into AIMs , and his wife was found with $200 Mn in cash in Turkey from memory.

What about the fabled $70 Mn Nadhim Zahawi was meant to have paid the Chinese? What was that for visits to the strip club? Ridiculous episodes at the trial going over the value of Shaikan , the Wempens wanted £3 Bn FFS.

[habshan] 16/1/2023 17:05

Bigdog - "But they haven't got 13 Bn blls of moveable oil. as confirmed by ALL the CPR's. They say they've got 120m of 1P."

So after all these years and after it being explained to you at least a dozen times you still think that ALL the oil that is contained within this vast structure has already been found and proven up, and that the numbers contained in those CPRs are cast in stone and that that's it there is no more oil.

So why did Jon Ferrier make a point of stressing that only 9 holes had been drilled, if all the oil has already been found then what difference does if make if 9 or 900 holes have been drilled, why mention it:-

JF - "It's big, the big area that we're dealing with, and in all that we've got 9 little holes puncturing that reservoir."

And why does Jon Harris need to generate a new CPR. If as you seem to think, there is no more oil to be proven then why does a revised CPR need to be issued, what's wrong with the old one.

Jon Harris - "HOWEVER, GKP continues to report reserves based on the 2016 ERCE Competent Person's Report ("CPR"), the last audited assessment of reserves. A revised CPR is expected to be released following FDP approval."

The numbers in the CPRs that you keep banging on about are based on the 2016 CPR and are simply minor adjustments to the numbers given in that ultra conservative CPR.

If all he's going to do is keep subtracting production from the last CPR update then why does he need to wait until FDP approval before issuing a new one.

Yes Sarah, questions.

You still don't understand about CPRs do you, they ARE NOT cast in stone, they are simply a snapshot taken for a specific purpose and as the field is developed and more areas of the field are PROVEN UP then the PROVEN reserves will increase.

A new CPR which will supercede the one issued in 2016 has been generated as part of the new FDP submission to show that the field can support Phase 1 production of some 90kbpd and we'll get to see that after the new FDP has been approved, the 2016 CPR was deemed fit for purpose as it only needed to show that the field could produce the Phase zero target of 40kbpd.

[hydrocarbon1] 16/1/2023 16:25

GENL +4.50%

[releasethekraken] 16/1/2023 16:20

37,337 worked buy...

[releasethekraken] 16/1/2023 16:07

Cash and debtor's around 300m bucks over half mcap.Lol.

[highlander7] 16/1/2023 16:01

From Schlumberger ....


Moveable hydrocarbons
1. n. [Formation Evaluation]

The volume of hydrocarbons per unit volume of rock that can be moved on production, measured in volume/volume or porosity units. Typically only primary and secondary production methods are considered when estimating moveable hydrocarbons. Moveable hydrocarbons are not necessarily the same as moved hydrocarbons, which are those hydrocarbons that have been moved by invasion.

Note Doggie ..

MOVED ON PRODUCTION

lol

[petebreeze37] 16/1/2023 16:00

Did peel hunt mention the $200 million owed, that's nearly half the share price value of the company

[bang_gone] 16/1/2023 15:06

Thanks Handycart reposted for anyone that missed it , one of house brokers:
.
From Peel Hunt "On Gulf Keystone Petroleum, there’s a target of 340p for the owner of the world-class Shaikan oilfield in Kurdistan. Robust production during last year helped the business generate record cash flow and return $215 million (£177 million) to shareholders, equivalent to a 41% dividend yield."



Peel Hunt said: “The investment being made now and during 2023 should support multi-year production growth, as the significant inherent value within its asset base is unlocked.�

[bang_gone] 16/1/2023 14:56

BIGDOG RE-ITERATES CONVICTION BUY:
TAKEOVER ANNOUNCEMENT IMMINENT

[bigdog5] 16/1/2023 14:48

" 13 Bn blls of moveavle oil " JG.

"If it moves you can get it out".

LOL.

But they haven't got 13 Bn blls of moveable oil as confirmed by ALL the CPR's. They say they've got 120m of 1P. They add in some barrels for 2P. They've moved a load of barrels out of 2P back into Resources simply because they don't have any confidence as to what is in any other zone. They've even got the Jurassic all wrong as I keep explaining because they found water in the targeted lower zone and had to come back up the well to the usual production depth AND then they hit water there!!! You can make up all your BS excuses but that's the reality. Therefore water being found much higher than where they've always expected it to be means they need to reduce the numbers in the CPR!!!

Now, as we all know, its the CPR's that are what everyone looks at. We also know that you morons would have been pointing at the CPR's as evidence if they were reporting "What you want them to report"!!!!! In other words you would have believed in them. You suckers ONLY want to believe what the company tells you!!!
But you suckers don't like the CPR's, you dismiss them, you say they are fake, you say the company is hiding the barrels, you've said the hosts are ordering the company to hide the barrels, you've said they are deliberately keeping quiet so as to hide them from Baghdad!!!

The facts are the company do not understand the field. The data from the Kozel days is of little use and is wrong. They couldn't find the gas cap TWICE. They had issues with every well they've drilled in the past few years. They've found more water where they least expected it to be. You can deny it, make up all your BS excuses but the evidence is clear. Its over 8 years the hyped up 55k has been tried for and they're still only producing mid 40's from 8 additional wells. And you suckers believe the field is performing to expectations!!!!! Keep conning yourselves flat earthers, LOL.

[punter26] 16/1/2023 12:16

PM Barzani says ‘good opportunity’ exists in Baghdad to resolve outstanding issues with federal government
(Kurdistan24 Jan 16 2023)

"Barzani’s remarks came during a weekly ministerial meeting in Erbil, where he briefed the ministers on his latest visit to Baghdad last Wednesday."



" Kurdistan Region Prime Minister Masrour Barzani on Sunday noted a “good opportunity” and “positive atmosphere” in Baghdad to resolve the outstanding issues with the federal government, according to a statement from the Kurdistan Regional Government (KRG).

“In our meetings with [Iraqi officials], we sensed a positive atmosphere and good opportunity to resolve the outstanding issues with the federal government on the basis of the 2005 Constitution and within the framework of the agreement of the political parties to form the new government and its agenda,” Barzani said in the statement.

Barzani held several meetings with top Iraqi officials in his third visit to the Iraqi capital, where he discussed the lingering issues, including oil and gas law, Kurdish share in the federal budget, and the disputed territories.

“We have reached a number of initial understandings to resolve the outstanding issues,” the premier told his ministers.

The security cooperation between Kurdish and Iraqi forces in the fight against terrorism, particularly in the disputed territories, was also discussed.

Among other issues, the management of oil and gas has been at centerstage of the differences between the two governments.

Responding to the legal challenges presented against Kurdistan’s oil and gas law by Baghdad, Barzani has said on numerous occasions that his government would continue defending the constitutional rights of Iraq’s semi-autonomous region. "

[highlander7] 16/1/2023 11:59

Sounds simple to me. If the ICG wants the ~ $70 billion in USA aid promised by Trump then they have to accept the full Constitution. End of.

IMO

[releasethekraken] 16/1/2023 11:58

22,272 @ 200.2

[nufc9] 16/1/2023 11:33

White House Coordinator for MENA, Brett McGurk, to visit Iraq, Kurdistan Region
The visit is to discuss the latest political developments in Iraq and the region, Hariri added.

The White House Coordinator for the Middle East and North Africa, Brett McGurk, is visiting Iraq and the Kurdistan Region on Monday to meet the country’s top officials, a Kurdish official told Kurdistan 24.

Following his meetings in Baghdad, the US official is set to meet with the Kurdish leadership, including President of the Democratic Party of Kurdistan (KDP) Masoud Barzani, Kurdistan Region President Nechirvan Barzani as well as the leaders of the Patriotic Union of Kurdistan (PUK), and Fawzi Hariri, chief of staff to the Kurdish president told Kurdistan 24 on Monday morning.

The visit is to discuss the latest political developments in Iraq and the region, Hariri added.

Serving as presidential envoy in the fight against ISIS, McGurk has closely engaged with the leaders both in Iraq, Syria, and the Kurdistan Region