Gulf Keystone Petroleum Share Discussion Threads

[hugetakeaway] 28/2/2024 12:24

Gulf Keystone Petroleum Ltd : Peel Hunt cuts target price to 180p from 190p

[hugetakeaway] 28/2/2024 12:12

#gkp #gkptakeoverI?ll do some maths for you.Currently 38k bopd @Gulf_Keystone realising $9/bll make $48 m annualised profits.At 55k + capacity profits will be $110mOn local sales alone ?No wonder they are most attractive E+P takeover target on ?

[hugetakeaway] 28/2/2024 12:12

As TAKEOVER BID nears share price is under pressure and has as corporates try to buy as many shares as they can cheaply by scaring retail out.As you would expect..See attached new US hedge and Uk hedge add 570,000 shares all bought from retail sellers.BLACKROCK up to over 5 million now , fill yer boots.Paid thrashers here constantly .FILL YER BOOTS , as you can see all the corporates are!!.https://x.com/goodnightcharl1/status/1762059662579396964?s=61&t=EEAJRmerpfLiAmForyb8Dw

[broadford bay] 28/2/2024 12:10

On 28th Jan-24 I posted the $25/bbl being achieved on the other site, across the road and, contrary to what some here hope, it's not getting better.

As klassic has pointed out, a slap in the kisser.

[mmt1] 28/2/2024 12:09

Arcadian: I upvoted you, made me grin :]

[hugetakeaway] 28/2/2024 11:52

#gkp #gkptakeoverI?ll do some maths for you.Currently 38k bopd @Gulf_Keystone realising $9/bll make $48 m annualised profits.At 55k + capacity profits will be $110mOn local sales alone ?No wonder they are most attractive E+P takeover target on ?

[hugetakeaway] 28/2/2024 11:51

The share price is under huge pressure and has been for months as corporates try to buy as many shares as they can cheaply by scaring retail out.See attached new US hedge and Uk hedge add 570,000 shares all bought from retail sellers.BLACKROCK up to over 5 million now , fill yer boots.Paid thrashers here constantly .FILL YER BOOTS , as you can see all the corporates are!!.https://x.com/goodnightcharl1/status/1762059662579396964?s=61&t=EEAJRmerpfLiAmForyb8Dw

[klassic] 28/2/2024 11:47

The RNS is, as you know, on the other site across the road.
The market has received it like a wet fish across the face.
The life support system of local sales is insufficient in the long term to pay field development costs, capital expenses, brown envelope contents, investor returns etc. The market knows it and that’s why, to continue the wet fish simile, the share price is floundering.

[hugetakeaway] 28/2/2024 11:46

#gkp #gkptakeoverI?ll do some maths for you.Currently 38k bopd @Gulf_Keystone realising $9/bll make $48 m annualised profits.At 55k + capacity profits will be $110mOn local sales alone ?No wonder they are most attractive E+P takeover target on ?

[hugetakeaway] 28/2/2024 11:43

That's recovery of all historic costs , as you know.......

[shareho1der] 28/2/2024 11:41

Update on Shaikan Field local sales & Notice of 2023 Full Year ResultsToday 07:00Gulf Keystone Petroleum Ltd (GKP) Update on Shaikan Field local sales & Notice of 2023 Full Year Results 28-Feb-2024 / 07:00 GMT/BST 28 February 2024 Gulf Keystone Petroleum Ltd. (LSE: GKP)("Gulf Keystone", "GKP", "the Group" or "the Company") Update on Shaikan Field local sales & Notice of 2023 Full Year Results Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is today providing an update on Shaikan Field local sales ahead of its 2023 Full Year Results on 21 March 2024. Local sales update Local sales volumes have rebounded in recent weeks with gross average sales this month to 26 February of c.38,400 bopd, reflecting higher market demand for certain refined products, the easing of seasonal logistic challenges and a realised price of c.$25/bbl. The increase has brought gross average sales in 2024 year to date to c.29,600 bopd. At current volumes and realised prices, sales for February 2024 are expected to be c.$10m net to GKP, above expected monthly net capex and costs of c.$6 million (breakeven at gross sales of c.22,200 bopd), enabling the continued reduction of accounts payable balances. The Company continues to receive advance payments for its net entitlement of 36% of gross sales revenue. Looking ahead, while we expect demand in 2024 to remain variable, we see strong local market demand as we enter March and are looking to increase sales above current levels. Notice of 2023 Full Year Results The Company confirms it will be announcing its results for the full year ended 31 December 2023 on Thursday 21 March 2024. GKP's management team will be hosting a presentation for analysts and investors at 10:00am (GMT) via live audio webcast: https://brrmedia.news/GKP_FY23 In addition, management will also be hosting a webcast presentation focused on retail investors via the Investor Meet Company ("IMC") platform at 12:00pm (GMT). The presentation is open to all existing and potential shareholders. Questions can be submitted prior to the event via the IMC platform up until 9:00am (GMT) the day before the meeting, or at any time during the live presentation. Investors can sign up to IMC for free using the following link: https://www.investormeetcompany.com/gulf-keystone-petroleum-ltd/register-investor Enquiries: Gulf Keystone:[phone]Aaron Clark, Head of Investor Relations& Corporate Communications [e-mail] Consulting+44 (0) 20 3727 1000Ben BrewertonNick [e-mail] or visit: www.gulfkeystone.com Notes to Editors:Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq. Further information on Gulf Keystone is available on its website www.gulfkeystone.com Disclaimer This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business. These statements are made by the Company and its Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent risks and uncertainties, including both economic and business factors and/or factors beyond the Company's control or within the Company's control where, for example, the Company decides on a change of plan or strategy. This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed. This announcement should not be relied on by any other party or for any other purpose.Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

[hugetakeaway] 28/2/2024 11:34

I think ADVFN and LSE complicitly try to keep retail out of gkp

[fairenough11] 28/2/2024 11:31

ss,ah right.I noticed it wasn't there at 07:00am and it's not in the NEWS caption at the top of this page.
cheers

[shortsqueezer] 28/2/2024 11:24

It showed up on my monitor an hour or so ago. Way after the published time though.

[fairenough11] 28/2/2024 11:22

I take it ADVFN have stopped reporting RNSs from GKP?

[pittcock] 28/2/2024 11:10

Good update. Happy to continue to sit in here and wait.

[nadhim_zahawi] 28/2/2024 11:02

Fill yer BOOTS

[worldquant] 28/2/2024 11:00

#gkp #gkptakeoverI'll do some maths for you.Currently 38k bopd @Gulf_Keystone realising $9/bll make $48 m annualised profits.At 55k + capacity profits will be $110mOn local sales alone ?No wonder they are most attractive E+P takeover target on ?

[worldquant] 28/2/2024 11:00

You either buy/hold or you don't.100% in or out with no room for fear.

[arcadian] 28/2/2024 10:58

Given all these attempts at rapprochement with the US,the Kurds could ask to become part of Turkey.They are both Sunni and could supply it with oil through the pipeline and get water in exchange. They more in common with the Turks than the rest of IRAQ and would become part of NATO eventually applying to join The European Union.With the world adopting right wing leaders, consolidation is the key, on the principle that he that is not for us is against us as exemplified by this BB when someone does not show 100% allegience.

[worldquant] 28/2/2024 10:54

#gkp #gkptakeoverI'll do some maths for you.Currently 38k bopd @Gulf_Keystone realising $9/bll make $48 m annualised profits.At 55k + capacity profits will be $110mOn local sales alone ?No wonder they are most attractive E+P takeover target on ?

[worldquant] 28/2/2024 10:53

Fill yer BOOTS

[worldquant] 28/2/2024 10:49

Mm desperate to wrestle any stock out

[shortsqueezer] 28/2/2024 10:32

A veiled threat perhaps?