Gulf Keystone Petroleum Share Discussion Threads

[solarfire73] 25/7/2024 20:15

Complete buffoons!

[confused _gerbill] 25/7/2024 18:18

Kurdistan watch 2 hours ago:

The Iraqi Parliament's Oil and Gas Committee will soon host representatives from the Iraqi Oil Ministry and the KRG Ministry of Natural Resources. A member of the KDP faction has stated that the KRG is open to having its oil contracts reviewed by Baghdad.

"The purpose of this meeting with the ministries is to receive a comprehensive explanation about the agreements made," Sabah Subhi, the KDP member explained. "The Iraqi Oil Ministry has once again requested the companies' contracts, but no action has been taken yet. We need all the information to understand why the process is so delayed and what steps remain to reach a final agreement."

He continued, "The contracts in the Kurdistan Region differ from those in the rest of Iraq. There's a request to review and standardize them. To this end, an agreement has been reached between the Kurdistan Region and Baghdad, as the KRG has no objections to this process."

[redbed] 25/7/2024 17:43

The buyers needed a contractual assurance that the CEO was retained post acquisition. Hence the AGM resolution for a ' stay bonus 'They basically get him for 6 months to Jan 2025 + as he must not be under notice then, or he does not get the dosh.... Another 12 months. 18 months in total. Expect the SALE RNS within days. "Mr Harris has demonstrated exceptional leadership since his appointment in 2021 and is central to the Company's forward strategy of resolving the current situation regarding the export pipeline closure and the future development of the Shaikan Field. "

[johnbuysghost] 25/7/2024 17:35

Players keep on buying GKP at every price point.

They do this because they know the end point price.

[redbed] 25/7/2024 17:03

Expect sale announcement tomorrow, or latest next Wednesday.

[redbed] 25/7/2024 17:01

But it's all noise.@Gulf_Keystone is SOLD TBABefore the end of July

[redbed] 25/7/2024 17:01

Now that the capital investment has already been made gkp lift at 3.5 dollars per barrel.........

[martyre] 25/7/2024 16:54

https://www.strausscenter.org/energy-and-security-project/iraq/#:~:text=Iraq's%20energy%20resources%20are%20easy,%2473%20per%20barrel%20to%20produce.

[habshan] 25/7/2024 16:50

"Now why would Baghdad want/need to have a rethink when they can produce oil at $6/7pb versus $26pb in Koruptistan? That ain't good economics."

So you think Baghdad can produce oil for $6/7 per barrel Sarah.

So who's paying for stuff like this do you suppose:-

"A multi-billion-dollar water supply project that is critical for boosting production at Iraq’s southern oil fields is beginning to take shape, with a first phase scheduled for completion in four years.

After more than a decade of delays, the Common Seawater Supply Project (CSSP) is finally moving forward. It is one component of the $27 billion Gas Growth Integrated Project (GGIP), which Iraq finalized with France’s TotalEnergies last July."

Or maybe you think the IOCs pay for it out of their $6/7 a barrel.

What an idiot.

[redbed] 25/7/2024 16:42

Sale RNS has been typed

[gazebo79] 25/7/2024 16:34

Slipped some more in. 100 % that is my lot. I wait with Great anticipation and expectation. Sludge monster will be along again soon. Day 673453 .

[shortsqueezer] 25/7/2024 16:25

Quite a recovery that !

[pittcock] 25/7/2024 15:34

Only 2 posts today so far. 20p for u and i miserly 200 shares for me. 1hr left until the bell. Get posting u dozy twunt!

[pittcock] 25/7/2024 15:32

Bounced off of 130 again like last month. Helping the hedgies out once more. Another buyback rns could drop at any time.

[redbed] 25/7/2024 15:28

Goldman Sachs International7,542,2013.39 %About 3.50 % now LOL

[redbed] 25/7/2024 15:28

Yankee Doodle Condog clearly desperate....LolIts wakey wakey on the East Coast across the pond , and for the 30,500th ++ time Yankee Doodle Condog posts AND ONLY EVER ON THIS STOCK ( barely credible - LOL ) the paid American sentiment basher clocks in for work.If CARLSBERG did BUY signals.FILL YER BOOTSTAKEOVER RNS INCOMINGTHIS WEEK

[bigdog5] 25/7/2024 15:08

Now why would Baghdad want/need to have a rethink when they can produce oil at $6/7pb versus $26pb in Koruptistan? That ain't good economics.

Then there's the small matter of the value between the quality oil and sludge which is why they want to price the contracts on an individual basis.

Then there's the "smuggled oil" and how long will Baghdad be happy about that arrangement before they do something about it.

Doesn't look like there's going to be any quick fix anytime soon. But as I said ages ago its very clear what Baghdad's intentions are. They ain't the ones going bust:-)

[bang_gone] 25/7/2024 14:41

Notice of AGM, GOLDMAN SACHS 7.5M shares purchased Pre Takeover Announcement https://www.gulfkeystone.com/investors/agm/

[bang_gone] 25/7/2024 14:41

Goldman Sachs International7,542,2013.39 %About 3.50 % now LOL

[confused _gerbill] 25/7/2024 14:40

HG. You're probably correct, outside chance is that committee's in Iraq are used as a way of, ahem, facilitating deals, with performance payments and handy contracts handed out 🤷🏻‍♂️

[bang_gone] 25/7/2024 14:39

Shaikan requires fast track development.GKP aren't going to do that/finance that.Hence they have sold up , to allow Major(s) to do so.They don't care about the pipeline.Shaikan merits its own pipelines for both gas and oil.They will build them.GKP is very clearly sold.