Gulf Keystone Petroleum Share Discussion Threads

[mmt1] 14/11/2024 15:56

The cost of money, and keeping it here - which has already been infuriating me for years - on this delusional we will be bought out... I bought in for a healthy income stream, this is what I would ideally like but I also don't like being underwater capital wise...

I prefer jam today geezer! Open this F* pipeline, let me make some dosh. I will re-assess at that point! Whether dividends which is more probable, or some possibility other..

Do something with my cash!

[theythinkitsallover] 14/11/2024 15:36

Lawer
@lawerlayel
·
50m

Iraqs foreign minister claims oil exports could resume / HCL can be passed within weeks if Iraqi parliament passes the amendment proposed by the federal government . They are openly saying this

[highlander7] 14/11/2024 15:34

BP expect the pipeline to be available. So better to do a deal now than Sept 2025 when the Kurds hold ALL the cards. Thats the driver.

IMO

[shortsqueezer] 14/11/2024 15:17

Staying comfortably above pre divi levels. Which is nice :-)

[mmt1] 14/11/2024 15:00

Does seem as we are getting closer... I like the APIKUR x/twitter statements, gives (hope) confidence.. I paid 135 for my DRIP but feeling quite comfortable with that - you never get tops or bottoms... Even that was partial for about an hour about a week ago before it all went through...

Where is Habs? Hope he isn't ill/other...

Would like to know when parliament will potentially ratify the cabinet theoretical $16 base case, any other details - like who would be the independent auditor of costs...

When are the next set of quarterlies (rns) set to land, and anything in regard to money outstanding from the KRG if the current offer was to be accepted...

The buyback.. previous buys were always rns'd daily - the first of this lot was, but nothing since, its wierd. Either they don't wish to show their hand (don't think they need to rns every time they buy in the market) or are in a closed period is all I can think of...

GLA!

[putup] 14/11/2024 14:51

Pretty heavy volume

[steephill cove] 14/11/2024 13:03

Indeed! 🏁🏆✅📈

GKP 🚂🛢️💰€176;💰㈑6;💰💰💰💰💰💰BN+

[worldquant] 14/11/2024 12:35

28th trading day now.#GKP #gkptakeoverNON buying back@Gulf_Keystoneprogram enters its 27th trading day...?Hmmmm - it does look very stableBy Jove I think she's got it !Its a stabilisation program pre Takeover RNS...Details here.HTTPS://x.com/ChicagoJack5/status/1856676210022945225

[fairenough11] 14/11/2024 12:30

Talking to Major Oil at the same time as legitimising Kurdy Oil contracts with BP already potentially positioned at Kirkuk.Hmm!

[worldquant] 14/11/2024 12:28

Lawer@lawerlayel·10hIraqi Pm advisor has confirmed that there are preparations to resume oil exports from the Kurdistan region after completing the technical and legal points . Closest that we’ve ever been to HCL

[worldquant] 14/11/2024 12:27

Because the buyback exists , this has enabled their brokers to have the power to intervene in mkt armed with 10m cash,if any bad actors try to crash this pre the Takeover RNS.It's a stabilisation program....

[bigdog5] 14/11/2024 12:26

Carroll, you post absolute garbage.

You are a liar and fraud.

None of your ludicrous posts have ever come true.

Btw gullible fantasists, you were told, except you didn't believe us, that all the fields would be individually assessed for production costs etc. And that's exactly what is going to happen if you've managed to read and understand the announcements.

You're welcome.

[theythinkitsallover] 14/11/2024 12:17

Lawer
@lawerlayel
·
10h

Iraqi Pm advisor has confirmed that there are preparations to resume oil exports from the Kurdistan region after completing the technical and legal points . Closest that we’ve ever been to HCL

[steephill cove] 14/11/2024 12:15

There is certainly a very Dutch 🇳🇱 presence in GKPs top 10 shareholders ✅

Hello Shell? 🐚 🤷‍a94;️

🛢️
28103;👧€103;👧㈊3;👧👧

[putup] 14/11/2024 12:00

Because the buyback exists , this has enabled their brokers to have the power to intervene in mkt armed with 10m cash,if any bad actors try to crash this pre the Takeover RNS.It's a stabilisation program....

[rmc100] 14/11/2024 11:54

Have gkp been buying back and not reporting? They've got a lot of shares to buy back by 31st of December.

[peking ducks] 14/11/2024 11:48

Indeed
.
It's all actual noise, rgds pipe etc, as the co is clearly sold TBA.
That has been obvious for months.
Just hold and buy more when you can.

[fairenough11] 14/11/2024 11:31

Hello GREATER SHAIKAN!GLA

[beernut1] 14/11/2024 11:26

Iraqi PM emphasizes cooperation with major oil companies
Iraq
Shell
Oil Companies
Prime Minister Mohammed Shia Al-Sudani
Iraqi PM emphasizes cooperation with major oil companies
2024-11-14 10:49


Font
Shafaq News/ On Thursday, Prime Minister Mohammed Shia Al-Sudani met with Peter Costello, Executive Vice President of Shell’s Upstream sector, along with the company’s directors in Iraq and the UAE, expressing Baghdad's keen interest in collaborating with major global oil companies and attracting investments, particularly in the gas and clean energy sectors.
According to Al-Sudani’s media office, “The meeting focused on exploring avenues of cooperation with Shell in the energy sector, the progress of its major extraction projects in Iraq, and the investment opportunities the global company can contribute to, particularly in developing the oil, gas, and clean energy sectors, as well as in carbon emissions reduction projects.”
“Discussions also included Shell’s potential involvement in integrated energy projects, enhancing Iraq’s oil resources, producing gas and condensates, and adhering to global environmental standards.”
Al-Sudani expressed the government’s interest in collaborating with major international oil companies, emphasizing “attracting investments in the energy sector, especially in gas and clean energy development. He affirmed that Iraq is committed to providing support for investors interested in advancing these sectors, in line with the goals of the government’s program to modernize infrastructure in economic sectors.”
Furthermore, the Prime Minister instructed the Ministry of Oil to maintain continuous communication with Shell to “advance projects that benefit Iraq, support economic development, and enhance government efforts to expand revenue in the oil sector.”

[shortsqueezer] 14/11/2024 11:25

Excellent!

[beernut1] 14/11/2024 11:24

Maybe all getting Big Xmas pressie this year.
Gla

[beernut1] 14/11/2024 11:17

From Lse

Iraqi government approves proposal to amend budget law to compensate the KRG
Iraq
KRG
Iraqi Government
Oil Production
Iraqi government approves proposal to amend budget law to compensate the KRG
2024-11-05 17:02


Font
Shafaq News/ The Iraqi Cabinet on Tuesday approved a proposal to amend Article (12/ Second/ C) of the Three-Year Budget Law No. 13 of 2023, on covering the Kurdistan Regional Government’s (KRG) oil production and transportation expenses from sovereign expenditures.
Iraqi PM’s media office revealed in a statement that “the Federal Ministry of Finance will compensate the KRG from sovereign expenditures for the production and transportation costs of oil produced in the region and received by the State Oil Marketing Organization (SOMO) or the Federal Ministry of Oil, based on subparagraphs (a) and (b). Production and transportation costs for each field will be estimated fairly by an internationally specialized consulting entity, as agreed upon by the Federal Ministry of Oil and the KRG’s Ministry of Natural Resources, within 60 days of the law’s enactment. If no agreement is reached within this period, the Federal Council of Ministers will determine the consulting entity.”
The PM media office announced that the entities aforementioned “will submit estimated production and transportation costs to the Federal Ministries of Oil and Finance and the KRG. These will be adopted for the purposes of this law, with compensation calculated based on the estimated cost per barrel, multiplied by the number of barrels received as per subparagraphs (a) and (b). The Federal Ministry of Finance will be responsible for paying the compensation to the KRG.”
Oil produced in the region must be promptly delivered to SOMO or the Federal Ministry of Oil, in accordance with subparagraphs (a) and (b). The Federal Ministry of Finance will provide an advance payment of $16 per barrel to cover production and transportation costs, with final settlement occurring retroactively after the consulting entity’s review is completed, the statement continued.

[nestoframpers] 14/11/2024 10:51

Well it sounds positive but they have had years to sort out how much production costs . I'd rather that was sorted prior to conmemcenent of PL exports. Once its started again it will be hard for one firm to stop since its blended.

[worldquant] 14/11/2024 10:47

It's all actual noise, rgds pipe etc, as the co is clearly sold TBA.That has been obvious for months. Just hold and buy more when you can.