Correct The company is obviously sold TBAIMMINENTThat has been clear since Resn 10+ 12 |
Trolls should be using Ben's grotto🤢 |
More trolls appear. |
klassic I thought I was the only poster thinking that re the pipeline in September.
A lot has happened since the last referendum and the next vote might be very different especially if supported by Turkey and Trump.
We`ll see. |
ITP pipeline availabliity for KRG exports come Sept would be a good question for Caggins, see if he can back up the DNO chairman from a few months ago.
Doubt he would give a straight forward answer. |
 klassic - "Whilst Turkey might be released from contractual obligations, the KRG will not be able to send crude oil through that pipeline without SOMO agreement. Unilateral exports will not be permitted, do you remember the crushing and calamitous climb down following the 2017 independence vote?"
Ah yes, 2017, a very good year.
In 2017 the Kurds were independently exporting up to half a million barrels a day while the ICG were crying their eyes out, stamping their feet and trying every trick in the book to stop it while the Kurds and Turkey just ignored all the tantrums.
Meanwhile, with independent exports in full swing and SOMO being powerless to do anything about it, GKP were building up their war chest and going from strength to strength.
From the 2017 FYR 12/04/18:-
Gross Shaikan production guidance for 2017 was 32,000 to 38,000 bopd, so we were pleased to be in the middle of that range with an average daily production of 35,298 bopd, up on 2016. Gross total production for 2017 increased by 1.4% compared with 2016.
This achievement was greatly helped by stable production rates and constantly high export availability, averaging 99%.
Cumulative production from Shaikan has now exceeded 40 million barrels. This is a significant milestone. This not only puts Shaikan in the top class of producing assets, but also highlights that, despite operational progress enjoyed to date, Shaikan's long life as a producing field has only just begun.
Yes thanks for reminding us, 2017 was a very good year.
In fact 2017 was such a good year that only two months after that results announcement they announced that with $222 million in the bank they were restarting the investment programme that had been suspended since the 2016 restructuring:-
"Gulf Keystone has initiated contracting and procurement activities to implement the 2018 approved capital expenditure of approximately $91 million. The remainder of the required capital expenditure which is currently estimated to be between $175 million to $215 million gross (as previously set out in the 2017 Full Year Results) to achieve 55,000 bopd gross production capacity is expected to be part of the 2019 investment plan"
Halcyon days. |
The company is obviously sold TBAIMMINENT |
BigdogSarah5IQ = Troll |
Om nom nom nom nomshluuuuuurpGulp |
Cheers Habs |
A classic reminder from Klassic I note:-)
I expect the Market is really disappointed to see a shareholder leave but will be pleased that so many of you delusional suckers remain to assist in achieving their Annual bonuses:-)
I expect the BoD feel just the same. |
ss - "Anyone else had trouble logging in to ADVFN today?"
Might have something to do with this notification at the top of the page.
"We're experiencing intermittent service problems at the moment. We hope to have these resolved as quickly as possible. Please accept our apologies for any inconvenience caused in the meantime." |
Weird trolls who own no shares have been posting on here every single day since 2012. |
Anyone else had trouble logging in to ADVFN today? |
klassic = troll |
Sorry to disillusion you, Habscrum and your band of starry eyed idealists, but the ITP will not be freed from ICG control in September. Whilst Turkey might be released from contractual obligations, the KRG will not be able to send crude oil through that pipeline without SOMO agreement.
Unilateral exports will not be permitted, do you remember the crushing and calamitous climb down following the 2017 independence vote? And the confiscation of Kirkuk, the halting of KRG budget payments and retreat of the Peshmurga in the face of Iraqi army forces?
The ITP will not reopen until it suits Baghdad. |
So when is the amendment vote scheduled for? |
ICG are banning Gas flaring from 2027! Have we got deep enough pockets or should we farm out Gas production? |
How long has gkp and others been flaring gas for 20 years and more. There is no excuse for the non use of this pulluting gas and paying over the odds for Iranian gas other than gross stupidity |
Nesto, This is disgusting, it just shows the mentality of these people. They have no respect for women.
UK should send it's illegals there. |
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