Gulf Keystone Petroleum Share Discussion Threads

[broadford bay] 02/4/2024 17:42

I would say that the closure of the DFI Account (Development Fund for Iraq) and replacing it with Iraq2 account raises concerns mostly among those in Iraq who were able to cream off such USD funds.

Shafaq gives a much more reasoned reporting of the change than does the biased Kurdistan24.

[habshan] 02/4/2024 16:39

"Iraqi economy faces threat as US closes oil revenue account."

It's interesting that since 2003 Iraq maintained an account with the US Federal Reserve called the DFI account, and that account under the supervision and protection of the United Nations and the United States served as the mechanism for Iraq to collect and manage its oil revenues.

The US has closed that account.

Iraq's oil revenues are now being directed to a new account called the IRAQ2 account.

This move raises concerns among experts, including finance and banking specialist Kamaran Qadir Yaqub, who warns that the protection previously afforded to Iraq's revenue may no longer be guaranteed and that this new account and Iraq's oil revenues could be vulnerable to interference and manipulation by the US.

It seems that the US has now given itself leverage over Iraq's oil revenues and therefore it's economy which it didn't have before.

So after 21 years, why now.

[0ili0] 02/4/2024 16:21

Bigdog5 needs to become a shareholder 🤯

🛢️
29312;💭

[johnbuysghost] 02/4/2024 15:16

BigdogSarah5IQ seems quite boring today.

[furenstaurus] 02/4/2024 13:26

HTTPS://x.com/ChicagoJack5/status/1775112996529778970?s=20

[furenstaurus] 02/4/2024 13:26

Expect LTIP this week, but agree if they haven't surfaced by Friday, that is significant deviation . As was the rejig of share capital after 12 years. https://x.com/111notout1/status/1775063832114729022?s=61&t=EEAJRmerpfLiAmForyb8Dw#gkp #gkptakeoverFY results this year was 21/3, so LTIP well overdue , may still arrive ?@Gulf_Keystone can be accused of many things over the years but being tardy in inserting nostrils into the trough isn't one of them.

[bigdog5] 02/4/2024 13:19

Good afternoon gullible fantasists, pipe open for the sludge is it?

Of course not as Baghdad are in no hurry and continue to squeeze, rightly or wrongly the KRG and Epicure ever tighter.

Have Baghdad been supplied with all the details that they've been requesting for a very long time? Doesn't look like it, so why not, why are they not complying? Baghdad are trying to clamp down on all the various troughers in order that the oil benefits all of the people rather than just some aren't they? The Politicians are forever telling everyone the oil is for everyone so why don't they prove it?

Unless the area is abled to be "cleaned up" it makes any inward investment most unlikely, imho.

I note that the desperate and clearly insane here are still trying to con the unsuspecting with fantasies of ludicrous numbers being offered for the company's 58% net of the field. Anyone have any examples to support their views? More chance of a Fire sale, or the licence being revoked, or a cheap consolidation, or Unicorns being found grazing around S12, or scotty snowflake getting something correct.

Always happy to ridicule your expectations:-)

[milliecusto] 02/4/2024 12:50

Hi Johnbuy

[milliecusto] 02/4/2024 12:50

https://rudawrc.net/en/article/kurdistan-regions-oil-export-halt-a-year-of-financial-losses-for-al-2024-03-26No news and not reached out to them, going to be a long year

[kurdmam63] 02/4/2024 12:49

Positive whispers at The Sandwich Shop. Take from that what you will.

[milliecusto] 02/4/2024 12:48

Please post then, link please

[arcadian] 02/4/2024 12:34

I agree. It`s tense and volatile. Anything could happen but announcements are usually saved to benefit the leading players

[justiceforthemany] 02/4/2024 12:20

According to APIKUR there's a lot going on behind the scenes.
Game changer news could be released any moment.

[arcadian] 02/4/2024 12:07

Surely Sudani must know who they are. Why take them?

From 559 above

He stressed that "some officials in the government of Muhammad Shia al-Sudani and the Federal Ministry of Oil are seeking to obstruct the resumption of the export of Kurdistan Region's oil, and they have a plan to undermine the constitutional entity of the region."

[hugetakeaway] 02/4/2024 10:43

Drilling deep for oil here today... Lol

[petebreeze37] 02/4/2024 09:36

I'm not convinced that the USA needs to stay in Iraq to protect against Isis, some say that Isis were started by the CIA, which I could well believe.
Secondly, if the USA peace, and let's get back to using the pipeline talks, fails, can the Kurds start trucking to ceyhan and have their local sales as well. Would seem like a plan to me.

[hugetakeaway] 02/4/2024 09:00

Expect LTIP this week, but agree if they haven't surfaced by Friday, that is significant deviation . As was the rejig of share capital after 12 years. https://x.com/111notout1/status/1775063832114729022?s=61&t=EEAJRmerpfLiAmForyb8Dw#gkp #gkptakeoverFY results this year was 21/3, so LTIP well overdue , may still arrive ?@Gulf_Keystone can be accused of many things over the years but being tardy in inserting nostrils into the trough isn't one of them.

[hydrocarbon1] 02/4/2024 08:52

Just sitting back and enjoying retirement, ocean and delicious food.

[hydrocarbon1] 02/4/2024 08:46

LOL Fair enough!!!

[furenstaurus] 02/4/2024 08:34

https://x.com/111notout1/status/1775063832114729022?s=61&t=EEAJRmerpfLiAmForyb8Dw#gkp #gkptakeoverFY results this year was 21/3, so LTIP well overdue , may still arrive ?@Gulf_Keystone can be accused of many things over the years but being tardy in inserting nostrils into the trough isn't one of them.