Gulf Keystone Petroleum Share Discussion Threads

[martyre] 05/6/2023 09:25

200,000 Genel shares just bought.The confidence being shown with Genel is good for GKP.

[ptmorris1] 05/6/2023 09:10

What, there are no biscuits at these meetings? Well that explains a lot..

[jackpotjack] 05/6/2023 09:08

Yeah, long time ago now.I remember the RNS due to all the smoke from the well test.Comedy only Tod would sign off!

[petebreeze37] 05/6/2023 09:05

Rome, of course, wasn't built in a day but this situation is taking the biscuit.

[highlander7] 05/6/2023 09:02

IRAQ ENERGY CONFERENCE - LONDON

Iraq has world class reserves of oil and gas, and oil exports represent over 90% of its income. The sector is due to vastly expand in coming years with new projects having been agreed in Solar, Oil production, Gas capture and Petrochemicals. It is also under increasing pressure to reduce its environmental impact and reliance on crude oil revenues. Under the expert Chairmanship of Dr Luay Al Khateeb, former Electricity Minister and Founder of the Iraq Energy Academy, our high powered ‘Energy Panel’ will focus on Iraq’s burgeoning Energy sector and how to maximise its potential following international standards and best practices. Panellists include:

- Dr Laith Al Shaher, Deputy Minister of Oil, will give a keynote speech outlining the MoOs priorities.
- Mr Andrew Wiper, will present Basrah Gas Company’s success story and its plan for future expansion.
- Mr Mushhood Haider, Energy and Clean Growth Head – DIT Scotland
- Ms Dunia Chalabi, Managing Director, Total Energies E&P Iraq.
- Mr Ali Al Janabi, Chair of Shell Iraq and UAE.

The Prime Minister of Iraq has asked H.E. Dr Haider M. Mekkiyah, Chairman of the National Investment Commission to attend and participate on his behalf. Dr Mekkiyah is currently awaiting a UK Visa and takes the place of the Governor of the Central Bank, who must travel elsewhere. Iraq has $120bn in its budget to distribute, so we expect to hear from Dr Mekkiyah about many of the new initiatives in Infrastructure, energy production, chemicals, and transport and other projects the government seek help delivering.

Other speakers to be confirmed.

[hydrocarbon1] 05/6/2023 09:00

JPJ I remember waiting on results.

[jackpotjack] 05/6/2023 08:55

Agree, I think the wildcat drill was the biggest risk.Oh look what it found :-)

[40quidminimum] 05/6/2023 08:52

Why is this high risk?In its entire history, the current risk reward for investors has never been better or safer ?

[pittcock] 05/6/2023 08:47

Mr Castle, nothing personal. Anyone puts more than 5% of their wealth into a high risk asset like GKP is very foolish. So you are either A. a fool or B. a multi millionaire

[habshan] 05/6/2023 08:45

This implies that there will be no budget vote until there has been "a political agreement between Erbil and Baghdad to remove the amendments recently made to the bill."

Within the last hour - Iraq Finance Committee Stalls After Unilateral Budget Amendments.

ERBIL — Recent amendments made to budget provisions relevant to the Kurdistan Region have forced a suspension of the work of the Finance Committee in the federal parliament.

There is a tentative arrangement for parliament to convene next Tuesday for a vote on the federal budget draft, but the meeting is unlikely to proceed, Kurdistan 24 reported today, citing remarks from Mustafa Karhawi, a member of the Finance Committee.

The Committee on Finance should first complete their work, and then submit a final draft to the parliament for a vote. And this requires a political agreement between Erbil and Baghdad to remove the amendments recently made to the bill.

Last month, the Finance Committee in Iraq's parliament altered details of articles 13 and 14, which relate to Kurdistan Region's allocations from the federal budget.

These controversial amendments are widely viewed by Kurdistan authorities as violations of standing agreements between Erbil and Baghdad, as well as the Region's federal status, which the country's constitution protects.

[highlander7] 05/6/2023 05:10

Bloomberg ...

Saudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest level for several years after a slide in crude prices. The bold move by the most important member of the OPEC+ coalition came at the cost of ceding ground to two key allies: Russia, which made no commitment to cut output deeper, and the United Arab Emirates, which secured a higher production quota for 2024. Oil prices are being hammered by a softer economic outlook, especially in China. The kingdom is doubling down after a surprise supply reduction in April failed to deliver a sustained price rally.

[buyingacastle1] 04/6/2023 20:36

I can't wait... it is looking good.

[pittcock] 04/6/2023 20:25

Gurgle Gurgle

[40quidminimum] 04/6/2023 20:18

HTTPS://twitter.com/111notout1/status/1665349541925728256?t=M-fZ6lj9SrBlIVUURvqKgA&s=19

[40quidminimum] 04/6/2023 20:18

GKP WILL ROCKET

[theythinkitsallover] 04/6/2023 20:09

The Kurds’ demands for restoring the old version of the budget, before its last amendment, will be settled in an agreement outside the text of the draft law, according to a secret political agreement, included in the coordination framework."

Wtf does that mean?

[buyingacastle1] 04/6/2023 20:00

PTmoris - I sent you a private message.

[punter26] 04/6/2023 19:32

Mujahid Al-Taie @mujahed_altaee (Twitter: June 04 2023 - 3hrs ago )

"A secret agreement!... (Political sources for Asharq Al-Awsat):

1)Imminent legislation of the budget law under a "secret political agreement", after technical and political questions raised by al-Maliki obstructed the course of the legislation, and led to disagreements with the Kurdistan Democratic Party.

2) Al-Maliki objected to the mechanisms for disbursing funds to the Kurdistan Region , and made observations about “mines” in the budget items that might allow changing the power equation within the state administration coalition.

3) Al-Maliki was afraid that the budget would turn into an effective tool in the hands of Al-Sudani and his government, months before the local elections, while the coordination framework kitchen is preoccupied with how to invest these large resources in the next poll.

4) The Kurds’ demands for restoring the old version of the budget, before its last amendment, will be settled in an agreement outside the text of the draft law, according to a secret political agreement, included in the coordination framework."

[johnbuysghost] 04/6/2023 19:32

Whispers that this will be a big few weeks up until July 2nd..........

[ptmorris1] 04/6/2023 19:08

When did you first start buying in BaC?

[buyingacastle1] 04/6/2023 18:42

When you are a million quid into something it is quite a ride. >£6000 per penny this goes up.... somewhat distracting!

[nestoframpers] 04/6/2023 18:21

Kylie will be strapping herself on to the rocket any day now. GLA LTH sod off the rest of you.

OT ULEZ and freedom of movement, our right.

Citizen X

[lookintomyeyes] 04/6/2023 17:40

HTTPS://twitter.com/111notout1/status/1665349541925728256?t=M-fZ6lj9SrBlIVUURvqKgA&s=19

[buyingacastle1] 04/6/2023 17:39

The parliamentary recess of 9 June (I think from memory) will force a decision through next week.