Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 30/5/2024 18:47

Yes Goldman Sachs know exactly about Gulf Keystone Petroleum. Listed as one of the 8 biggest projects on planet earth 🌍 & called GKP “Shaikan in the Making” ✅

Goldman Sachs now have a GKP holding that just keeps on getting BIGGER day by day 😆

🚂🛢️🏁942;📈㈑6;💰💰💰💰💰💰8176;💰ԁ76;BN+

[broadford bay] 30/5/2024 18:42

hi bigdog,
don't believe a word of it - Kuwait is most definately NOT selling 2 million barrels a day of their VERY Heavy 10-18API crude. The selling prices mentioned by Habscam are NOT for the heavy stuff.
Kuwait currenty sells ONE grade - Kuwait Export Grade at ca 31API and S2.5%-S5%%
Yes, they have enormous reserves of very heavy sour crude similar to Shaikan heavy but they are not selling it - they are processing it in their own new, modern, hi-nelson refineries and benefitting from selling a range of refined value-added hydrocarbon fluids.
They do it themselves because the market valued their heavy stuff at near-Canadian prices and they decided some years ago that enough was enough.
Their latest al-Zour refinery (capacity ca 600-700Mbopd) is estimated to have cost them about $27Bn.
SH, as you are aware, is currently ca 17API and S5%-6%.

[steephill cove] 30/5/2024 18:41

IMHO:- Iraq 🇮🇶 PM Sudani & OM Ghani have less than 13 weeks to do a deal & reopen the ITP ✅

If it gets to less than 12 months to go; the Kurds will just decide to sit tight & do a new deal on the ITP with 🇺🇸🇬🇧7481;🇷Ӻ66;🇺

[0ili0] 30/5/2024 18:38

Bigdog5 down 100% 🤣🤣🤣

[habshan] 30/5/2024 18:36

"You are in for a massive surprise sarah."

Tell me, how in your opinion are the ICG going to prevent the current ITP agreement from expiring in a little over 15 months from now.

[steephill cove] 30/5/2024 18:35

Calling all Goldman Sachs employees “Roll Up! Roll Up!“ 📣

ICG calling an urgent meeting to legitimise ALL Kurdistan IOC contracts ✅

The GKP PRICE IS RIPE for your 25 x Annual Salary Growth Bonus 😆👍📈⬆ʊ39;🆙💰;💪

[whl2] 30/5/2024 18:33

Genel up over 6% today.

[steephill cove] 30/5/2024 18:33

Bigdog5 clucking like a headless chicken! 🐔

Not going your way is it luv? 😆

[bigdog5] 30/5/2024 18:27

You are in for a massive surprise sarah.

[habshan] 30/5/2024 18:11

"Are you sure about those numbers sarah:-)"

Yes they're certainly impressive aren't they, glad they got your attention, that 10-20 API sludge is good stuff.

But you're right.

Here's the Kuwait Petroleum Corporation site that shows Kuwaiti crude selling yesterday not at $85.53 but at $86.39 and they should know better than anyone how much they're selling their own oil for:-



That would bump up GKP's net profit from $593,081,280 to $599,768,640.

Let's call it a round $600 million a year net to GKP.

Here's another impressive number for you .

No idea how much they would spend developing the field but let's say $100 million a year.

That would leave $500 million a year to distribute to shareholders if they felt so minded.

The current buyback will leave around 217 million shares in issue.

So that would mean a dividend of £2.30 per share per year.

Hope that helps.

[johnbuysghost] 30/5/2024 17:58

Yes 0iLi0 the city wine bars are full of GKP talk this evening. Most oil desks are fill to spill with GKP shares. 😉

I'm off for a pint of Barolo. I'll report back more news later.

[bigdog5] 30/5/2024 17:54

Are you sure about those numbers sarah:-)

[confused _gerbill] 30/5/2024 17:20

shortsqueezer, yes the translations on that site are patchy at best 👀

[the englishman] 30/5/2024 17:11

What does this mean: IWNWTBOOTOTW ?

[herbertsmithfreehills] 30/5/2024 16:58

Production share implies oilcos own reservesThat's politically a no noProfit share comes to the same thing economicallyThat's easy to sell politically.Its the basis for new contract rounds in the south..Its just what SINOPEC ordered

[shortsqueezer] 30/5/2024 16:51

Quite a lot lost in translation there, I feel

[0ili0] 30/5/2024 16:42

Meeting Hugo and Felicity in the Three Humps tonight. The Kozel is back on tap 🍻🍻🍻👍

🚂🛢️🛢ʊ39;🛢️🛢️
28173;

[herbertsmithfreehills] 30/5/2024 16:39

IWNWTBOOTOTW

[officerdigby] 30/5/2024 16:38

Thats right ! With the extra (OT)!

[herbertsmithfreehills] 30/5/2024 16:29

IWNWTBOTOTW

[gazebo79] 30/5/2024 16:29

There are no fundamentals to the rise.lol.lol. Gonna have to try a lot harder than that. Wow