Gulf Keystone Petroleum Share Discussion Threads

[petebreeze37] 15/11/2024 12:52

It's now, someone would say, there must be a big order to fill

[scrwal] 15/11/2024 12:50

I think the rise is primarily due to Apikur stating that what has been proposed gives them the "believe that there could be sufficient scope in the current wording to cover our previous requests related to commercial terms and surety of payment for past and future exports via the Iraq-Türkiye Pipeline"

The only real sticking point is the $16 interim payment and how much that gets revised upwards (hopefully) and if it doesn't get close to the $21 asked will the IOCs refuse it. Am using $21 as that is three times the original Iraqi start point and is referenced a lot in recent communications - I think there was $25 being mentioned as a preferred figure by the IOCs but am not certain.

Still looks as if Iraq are pushing for the year end to have things finalised.

[shortsqueezer] 15/11/2024 12:46

Me too. Been mowing the lawns. Must do it more often ! :-)

[petebreeze37] 15/11/2024 12:45

Been out for an hour and woosh.

[shortsqueezer] 15/11/2024 12:16

They are all lying then ?

[highlander7] 15/11/2024 12:16

Well it looks like they are serious this time. Its the "Trump" effect . LOL

[worldquant] 15/11/2024 12:05

Takeover incoming

[johnbuysghost] 15/11/2024 11:58

Get ready. GKP is outrageously undervalued.

[nestoframpers] 15/11/2024 11:38

8p to go 😊

[shortsqueezer] 15/11/2024 11:24

Looks like a bit of a stock shortage.

[milliecusto] 15/11/2024 11:17

Sorry but it's gullible fantasists lol

[ander] 15/11/2024 11:12

It would be very nice to see 150p today. Good Luck all.

[0ili0] 15/11/2024 11:11

Summats up...🤔

YWW.....

🛢️
29312;💭

[nestoframpers] 15/11/2024 11:06

9.5p off 150 , warming up fast . Soon to be motoring.

[ozzmosiz] 15/11/2024 10:59

Hello "suckers" and welcome to the 140p club again :)

[beernut1] 15/11/2024 09:48

From Lse regarding the Apicure article I posted earlier.

Senator_Mendoza
Posts: 64
Price: 137.90
No Opinion
RE: ApikurToday 09:39
"We remain ready to engage in productive discussions with officials from both the Government of Iraq and the Kurdistan Regional Government to finalize necessary agreements," APIKUR stated. The association highlighted the need to clarify certain details in the amended law to solidify the framework for resuming oil exports through the ITP.

"finalize"

Sounds excellent

It does sound like it’s closer to being sorted than we think.

Gla

[putup] 15/11/2024 08:57

The receivables 151m and there is a possible 72m trade off to KRG on balance sheet.All of this will be reflected in the takeover contract precedent and conditions.IOC buyers probably waive it as a golden hello.The pipe etc is all noise, the company is sold tba , that was essentially confirmed on the AGM resns

[milliecusto] 15/11/2024 08:50

For simplicity, stick a couple of dollars a barrel extra and get it paid that

[shortsqueezer] 15/11/2024 08:48

My guess is that they would be repayed in instalments as a percentage of the monthly valuations. It would certainly be a wonderful bonus to get it all in one lump sum though. Imagine the dividend! :-)

[nestoframpers] 15/11/2024 08:46

Maybe this AMs gap is the one that doesn't get filled? 12p to get past 150 . Wwtbootwke.

[nicbw01] 15/11/2024 08:37

So are the back dated receivables about 120 million gbp. What is the likelihood we would get these retrospectively paid. The amount is a third of the share price alone.

[midasx] 15/11/2024 07:48

Last week, the Iraqi government approved a proposal to amend articles from the federal budget to authorize compensation to companies operating in the Kurdistan Region for oil production and transportation costs, setting the rate at $16 per barrel.

Once amended the budget law will no doubt be able to set the rate at an amount agreeable to APIKUR and amend in the future if required. The important bit is for the principal to be accepted

Time was running out for them!

[shortsqueezer] 15/11/2024 07:04

Should be another good day today then. Especially with the weekend upon us.

[beernut1] 15/11/2024 06:45

And more. Gla


APIKUR welcomes Iraqi Parliament’s proposal on oil export amendments, ready to resume exports
In a statement, APIKUR member companies commended the proposal and noted that the suggested changes could address their longstanding requests.

10 hours ago
APIKUR Logo. (Photo: Designed by Kurdistan24)APIKUR Logo. (Photo: Designed by Kurdistan24)
Kurdistan
APIKUR
Resumption of KRG's Oil Exports
Iraq-Turkey Pipeline
ERBIL (Kurdistan24) — The Association of the Petroleum Industry of Kurdistan (APIKUR) on Thursday expressed optimism regarding the recent proposal from the Iraqi Parliament to amend Article 12 of the Budget Law, a step seen as potentially facilitating the resumption of oil exports via the Iraq-Turkey Pipeline (ITP).
In a statement, APIKUR member companies commended the proposal and noted that the suggested changes could address their longstanding requests. These requests relate to establishing favorable commercial terms and ensuring secure payment arrangements for both past and future exports. APIKUR emphasized the importance of these guarantees for continued collaboration and economic stability.
"We remain ready to engage in productive discussions with officials from both the Government of Iraq and the Kurdistan Regional Government to finalize necessary agreements," APIKUR stated. The association highlighted the need to clarify certain details in the amended law to solidify the framework for resuming oil exports through the ITP.
APIKUR further aligned with statements from Iraqi Prime Minister Mohammed Shia' al-Sudani and Kurdistan Region Prime Minister Masrour Barzani, both of whom have emphasized the mutual benefits of resuming oil exports for the people of Iraq. The association underscored that a timely agreement would enhance revenue flows and strengthen the energy sector's role in Iraq’s economy.
The restoration of oil exports through the ITP remains a significant objective, promising economic gains for both the Kurdistan Region and Iraq as a whole, as stakeholders move closer to resolving key issues in the export framework.