Gulf Keystone Petroleum Share Discussion Threads

[ozzmosiz] 13/5/2024 15:56

Only 6.8% up on that RNS, crazy

[sbb1x] 13/5/2024 15:08

Gap to fill @120

[bozzy_s] 13/5/2024 15:01

Strong update today. Cash up from $82m 31/12/23 to $98m 10/5/24. So roughly $4m a month surplus - including a relatively weak Jan / Feb. Should be clearing $6m - $8m a month at current prices/production rates.

Focus has been on reopening the pipeline, with about 4,000 posts on the other thread over the past 14 months suggesting it's imminent. But it's good to know the company has some sort of a future without it.

[redbed] 13/5/2024 14:59

They will be published stats after the close.

[jackpotjack] 13/5/2024 14:52

Looks like GKP are buying up to £1.30 for now

[redbed] 13/5/2024 13:41

DailyHow many have they bought today sweep?https://twitter.com/ChicagoJack5/status/1789998690804858981?t=6IdjW_jeTvZw-pucxTBOAg&s=19

[bobaxe1] 13/5/2024 12:47

Let it go !// let it go !//

[worldquant] 13/5/2024 12:34

#gkp #gkptakeoverVery interesting RNS I have compared scope of buyback with last one in 2019.I had expected company too have done a friendly deal.Appears to me that they are actually defending againsthostile interest and this buyback is designed to force bidders hands.https://x.com/chicagojack5/status/1789974756432691406?s=61&t=EEAJRmerpfLiAmForyb8Dw

[0ili0] 13/5/2024 11:24

£98.70 to go. 😉

[pittcock] 13/5/2024 11:18

Lets see what wall st. makes of this news this afternoon.

[beernut1] 13/5/2024 10:35

We expect Baghdad to promptly send Kurdistan Region civil servants’ salaries: PM Barzani
Prime Minister Barzani also said that the Kurdistan Region had fulfilled all its obligations. author_image Kurdistan 24
17 Hours

Kurdistan Region Prime Minister Masrour Barzani speaking at the presser, May 12, 2024. (Photo: Kurdistan24)
Kurdistan Region Prime Minister Masrour Barzani speaking at the presser, May 12, 2024. (Photo: Kurdistan24)
Kurdistan Masrour Barzani civil servant salaries
ERBIL (Kurdistan24) – Kurdistan Region Prime Minister Masrour Barzani in a presser on Sunday said "We expect Baghdad to promptly send the salaries of civil servants in the Kurdistan Region for April and May."

The Prime Minister's remarks came after his attendance at the symposium on Drought and the Impact of Climate Change on the Political, Economic, and Demographic Situation of Iraq.

Prime Minister Barzani also said that the Kurdistan Region had fulfilled all its obligations.

[beernut1] 13/5/2024 10:33

This should help with budget negs

Consensus reached on nominating Mahmoud Al-Mashhadani for Iraqi Parliament Speaker
Iraq
Breaking
Iraqi Parliament
Consensus reached on nominating Mahmoud Al-Mashhadani for Iraqi Parliament Speaker
2024-05-13 07:14


Font
Shafaq News / A political source revealed that the Taqadum alliance and Al-Sadara bloc have declared Mahmoud Al-Mashhadani as their candidate for the presidency of the Iraqi Parliament.
Al-Mashhadani, 75 years old, previously served as the Speaker of the Iraqi Council of Representatives from 2006 to 2009.
The source told Shafaq News Agency that the nomination received support from Al-Halbousi, leading to the withdrawal of Talal Al-Zobaie, leaving Al-Mashhadani as the sole candidate to face Salem Al-Issawi.
Late on Sunday night, the parliamentary Al-Sadara bloc announced its alignment with the Taqadum alliance led by Mohammed Al-Halbousi, a decision aimed at fielding a candidate for the presidency of the Iraqi parliament.

[highly geared] 13/5/2024 10:31

Todays RNS has huge positive implications + it shows APIKUR negotiating from a position of total strength; individual oil Co's with sufficient balance sheet strength to tough it out until next September, if necessary, when the ITP expires.

So, it's incumbent on the ICG to do a deal that satisfies KRG and APIKUR, otherwise, this will become a waiting game with KRG/Turkey/APIKUR agreeing anew deal in 2024 and the ICG frozen out of KURD oil revenues.

On the flip side, ICG hold the whip hand on current KRG government salaries , absent KRG oil revenues, so something has to give in the next month or so.

[fardels bear] 13/5/2024 09:53

With me it's roasting dog. Bigger the better.

[0ili0] 13/5/2024 09:44

I love the smell of Kung po chicken in the morning 🤔

🛢️
29312;💭

[habshan] 13/5/2024 09:41

A 100,000 buy just gone through.

[johnbuysghost] 13/5/2024 09:38

Looks like 'players' are going to go hostile and they also know when the pipeline is opening back up.

Soon would be my guess.

[adamrugen1066] 13/5/2024 09:16

Can somebody check in on Bigdog and make sure she's not hurt herself.

[worldquant] 13/5/2024 08:57

Bermuda M +A is Wild West territory, anything goes.GKP not bound by UK takeover code , might have sought permission or not.I am interested particularly in the aggressiveness of this.$10m spend in a maximum of 6 weeks is chunky.

[worldquant] 13/5/2024 08:53

Hostile takeover battle appears where we are.

[arcadian] 13/5/2024 08:51

REDBED

Thanks for that reminder of where it ended last time. I seem to remember that the company would try to go along with UK law but would not be bound by it.

[jackpotjack] 13/5/2024 08:49

God I hope this stops the constant ... take over announcement for 10B each day

[paddyfool] 13/5/2024 08:49

Locally sold oil to sanction busters who remarket the oil elsewhere at current market prices. In other words crooks. Hopefully and probably state sanctioned crooks. So what does this mean? Well in the current environment the state is probably getting enormous revenues from this and all other production in their state. Do they have an incentive to resolve the sanctions in a reasonably short timescale? Would a larger organisation with a higher hurdle of compliance want to buy this asset in that environment?