Gulf Keystone Petroleum Share Discussion Threads

[jackpotjack] 01/6/2024 09:18

You can't make this sh1t up, it was Iraq that put the court case in and stopped the flow!Once I finish this investment I am done with any Middle East investments.In fact pretty much done with UK stock market as nothing has or ever maintain its true value and just declines.We need some US hype injected into the FTSE.Bell ringing and whoop whoop at the open please.

[beernut1] 01/6/2024 07:52

Iraqi PM discusses Kurdistan Region's oil flow resumption, economic impact
He emphasized the significant economic impact of halting oil exports from the KRG fields. author_image Kurdistan 24 Digital Media
29 Minutes

Iraq's Prime Minister Mohammed Shia al-Sudani. (Photo: Kurdistan 24)
Iraq's Prime Minister Mohammed Shia al-Sudani. (Photo: Kurdistan 24)
Kurdistan Iraqs prime minister Mohammed Shia al-Sudani Resumption of KRGs Oil Exports Anadolu Agency
ERBIL (Kurdistan24) - In an interview with Anadolu Agency (AA) on May 31, 2024, Iraqi Prime Minister Mohammed Shia al-Sudani addressed the prospects of resuming oil flow from the Kurdistan Region of Iraq (KRG).

He emphasized the significant economic impact of halting oil exports from the KRG fields.

“The stopping of pumping Iraqi oil extracted from the fields of the Kurdistan Region of Iraq (KRG) is undoubtedly a loss for Iraq, and at least it is a missed benefit that could support development plans in the provinces of the Kurdistan Region of Iraq and strengthen the overall Iraqi economy,” al-Sudani stated.

He outlined the efforts made to find acceptable settlements and legal solutions following a thorough legal study. However, he noted that the issue remains tied to legal commitments.

“The Federal Budget Law requires that the cost of producing one barrel of oil in all fields be within the national average production cost, which is about $8 per barrel, according to the Federal Ministry of Oil,” al-Sudani underlined.

He added that the KRG’s Ministry of Natural Resources calculates the production cost at about $26 per barrel under the contracts signed with operating oil companies.

“We have proposed either to amend the budget law or to amend the agreements and contracts with these companies. From this perspective, the companies stopped production, not because of a ban from the federal government, but waiting for a solution,” he explained.

Al-Sudani noted that while the companies refused to amend the contracts, the regional government agreed.

“For these reasons, more work is needed to find a legal solution that prioritizes ensuring the rights of Iraq and its people to their wealth,” he added.

This comes at a time when the Federal Ministry of Oil issued a statement, in which it called on the Ministry of Natural Resources in the Kurdistan Region and the oil companies operating in the region to hold a meeting as soon as possible, to agree to accelerate the restoration of oil production and resume its export through the Turkish port of Ceyhan.

[redbed] 01/6/2024 07:47

#gkp #gkptakeoverWhilst we wait for @Gulf_Keystone sale RNS. look at what areal buyback program (2019) looks like, every day V current one , which is a stabilisation program in reality pre sale announcement to stop bad actors f?&*ing about with the share price .HTTPS://x.com/111notout1/status/1796775886433194278?s=61&t=EEAJRmerpfLiAmForyb8Dw

[redbed] 01/6/2024 07:47

Broadfraudster agitated , doesn't normally work weekends

[redbed] 01/6/2024 07:46

#gkp #gkptakeoverResults ?Pareto principle wins again!Near enough 80% of you are wrong,but if you hold @Gulf_Keystone shares you will be happy to be.HTTPS://x.com/111notout1/status/1796774114100756949?s=61&t=EEAJRmerpfLiAmForyb8Dw

[redbed] 01/6/2024 07:46

#gkp #gkptakeoverWhilst we wait for @Gulf_Keystone sale RNS. look at what areal buyback program (2019) looks like, every day V current one , which is a stabilisation program in reality pre sale announcement to stop bad actors f?&*ing about with the share price .HTTPS://x.com/111notout1/status/1796775886433194278?s=61&t=EEAJRmerpfLiAmForyb8Dw

[broadford bay] 01/6/2024 07:42

Good morning Harvard Man,
not consulting this morning?
LOL

[furenstaurus] 01/6/2024 05:30

#gkp #gkptakeover
Whilst we wait for @Gulf_Keystone sale RNS. look at what areal buyback program (2019) looks like, every day V current one , which is a stabilisation program in reality pre sale announcement to stop bad actors f£&*ing about with the share price

.

[furenstaurus] 01/6/2024 05:23

#gkp #gkptakeover
Results 🥊
Pareto principle wins again!
Near enough 80% of you are wrong,but if you hold @Gulf_Keystone shares you will be happy to be.

[shortsqueezer] 01/6/2024 05:18

A good read if not already posted. https://www.middleeastmonitor.com/20240531-pm-we-are-working-to-connect-the-east-to-europe-through-iraq-turkiye/

[redbed] 01/6/2024 04:50

Well the company is already sold TBA That is obvious The stabilisation program is in place and running effectively pre announcement.450m 2 p - wood Mackenzie had them at 8 dollars pre Putin pre the coming legitimacy next week.I would think in terms of 25 quid minimum given the huge gas resources have multiplied in value since Putin.Europe needs this gas

[highlander7] 01/6/2024 03:41

john@john78846295:7h

Budget vote on Monday.... Resumption of exports linked to the Kurdistan's development budget.

[highlander7] 01/6/2024 03:31

"Good afternoon bigdog - greetings from our friends over the water."

Its a red herring. The controller for that pair of organ grinders monkeys is in London.

[klassic] 31/5/2024 22:53

I’m with the Dog and BB. The Dog cannot express reasonable misgivings on GKP’s prospects without being slapped down by pompous fools like Habscum and his stupid sidekick Highlandopey7. So he uses a music hall slapstick routine to wind up the idiots. But you can be sure he knows how to make money here.
BB is either Eeyore or a wise old sage, take your pick, but sensible at least.
The “takeover tomorrow” conmen are filtered in constant whack-a-mole fashion and don’t deserve a mention.
An agreement will be reached on revised contracts, the ITP will eventually re-open, the share price will spike and those with patience and a comfortable entry point will make a profit.
I do not agree with the Dog on the worthlessness of Shaikan crude, 15 years of sales in a blended product clearly shows he is exaggerating, to goad his detractors.
I do wonder how the ITP 400k bodp can be accommodated within Irag’s 4m bopd quota, when that figure is already being fulfilled by exports from Basra. I assume Baghdad has some plan for this, else why would they now seem so keen to open negotiations with AKIPUR and KRG.

[0ili0] 31/5/2024 21:07

I checked the chart earlier too. It would appear bigdog5 and Bradford bay are hopelessly lost 😉

☑️€499;️

[habshan] 31/5/2024 20:13

After London closed the DOW rose 500 pts spiking 300 pts in the last 20 minutes as the market liked the Fed's inflation numbers and the potential implication for interest rate cuts.

The FTSE will be playing catch up on Monday at the open so we should get off to a good start.

[reidy66] 31/5/2024 18:40

Evening guys ....just a quick chart update if anyone is interested.. 200ma sits at 113 so the 34 and 50 has blasted through that and staying positive . 8ma sits nicely under the current trend with the share price Now the interesting bit... we have a lovely W pattern on the 3 year chart.. currently we keep bouncing off 145 area or there abouts which was my target which I posted some time ago .A break of 145 would constitute a move of between 75 /80p, firstly it puts us into clear skies and secondly back to the 218/220 area from back in the day... it'll get there but it needs that break. Until then it'll be 130-144 range but looking at the MAs it shouldn't be long. Roll on Monday . PJ

[herbertsmithfreehills] 31/5/2024 18:39

Well the company is already sold TBA That is obvious The stabilisation program is in place and running effectively pre announcement.450m 2 p - wood Mackenzie had them at 8 dollars pre Putin pre the coming legitimacy next week.I would think in terms of 25 quid minimum given the huge gas resources have multiplied in value since Putin.Europe needs this gas

[johnbuysghost] 31/5/2024 18:28

Yes Habshan and Tony then wore out all his shoe leather in the hills of Kurdistan..........lol

[johnbuysghost] 31/5/2024 17:53

Broadford sounds very desperate.
We know why.

[steephill cove] 31/5/2024 17:28

Perhaps you can share your LinkedIn profile?

Would all the professional Engineers in the room please stand up?”

“No?”

Didn’t think you would be able to 😆

[habshan] 31/5/2024 17:21

"highlander7, or slurryscot, or whatever you currently call yourself"

He's called highlander Broadford and has never called himself slurryscot.

It's only puerile immature individuals like yourself and your schoolyard chum Bigdog who like to make things up that have ever called him slurryscot.

And you don't need to claim that you aren't an expert, we'd already worked that out.

Hope that helps.