Gulf Keystone Petroleum Share Discussion Threads

[wildrider7] 22/10/2016 14:07

thanks Nest,
breath in breath out

it does read better

[mr roper] 22/10/2016 14:06

lol lard..post of the day..

[surfer2] 22/10/2016 14:02

The Sheik Adi , Akri Bijeel , Ber Bahr discovery wells flowed in the range of 1000 to 2000+ Bopd and were declared commercial by GKP.

If you wish to pose the hypothesis that flow rates in this range are uncommercial then you are mistaken at best and at worst attempting to deflect from the future potential of Sheik Adi , AB and Ber Bahr. That GKP who were at one point owed several hundred million dollars could not afford to progress all 4 blocks is not disputed - however Shareholders want answers given that these Assets could contain enormous future value and that GKP shareholders have spent hundreds of millions only to mysteriously hand them all back without a whimper


some of Ghawar early wells flowed less than 1000 bopd. that is a FACT. Some were initially 900 bopd which then rose to circa 1500-2500 bopd . This does not neccessarily suggest that Shaikan and the greater area is another Ghawar however in my opinion , it provides a PRECEDENT which should be considered re. decisions relating to the possible future development of licenses containing Large Footprint Anticlines with Oil Seeps and with early discovery wells which previously flowed in the 1000-2000 bopd range .

In light of the above information re. Ghawar Early well flow rates which can be found in the Book twilight in the desert by Matthew Simons , a renowned Oil Authority - ,I do not accept the statement that
"the non commerciality of BB SA AB is now accepted”



oliver66622 Oct '16 - 13:39 - 524622 of 524624 0 0
It's long been established that bad information has been suppressed. SH-6 was bad, Sheikh Adi didn't flow. Obvious. the irony is The Muppets are trying to make out that good information, a super recoverable greater Shaikan has been withheld. Whilst the Kirkuk big brother story has died, the non commerciality of BB SA AB is now accepted, and hence the OIP is what it is. The final card is their embellishment of recovery factor, of which they have no factual evidence.

[roverite12] 22/10/2016 13:59

Shouldn't you be at the football , Tess ? You being a season ticket holder and all that ?

[tess_tickle] 22/10/2016 13:43

updated figures.

Sothic Capital Management LLP......................( 14.01% )
Taconic Capital Advisors UK LLP....................( 13.79% )
Lansdowne Partners Austria GmbH...................( 9.83% )
The Capital Group Companies, Inc....................( 8.54% )
GLG Partners LP....................................... ( 5.74% )
Cowell & Lee Asia Credit Opportunities Fund.......( 5.77% )

Total Voting rights by %.........................( 57.68% )



Hedge Funds/Institutional investors willing to gamble their clients money in a bombed out company, hoping for a bounce to sell into or a quick 1.5p offer, before the forced hand-back of the remaining asset, which seems to have been the object all along.

A company that was forced into a D4E situation and has emerged with cash in bank that is virtually wiped out by $100 million's worth of debt.With cash needed just to stand still at 40k barrels per day from wells that have been producing full tilt for years and should be in need of work-overs by now, let alone needing to drill five more directional wells off each pad as was planned.
Operating in a war torn region where differing sects of religious fanatics disagree over sovereign governance in a state within a sovereign state, where corruption is a way of life, heavily influenced by neighbouring despotic regimes.

[wildrider7] 22/10/2016 13:41

joseki22 Oct '16 - 10:08 - 524597
'Stafford has always challenged his old employers for being too optimistic, and that's why some deluded PIs have now turned on him after the Muppets Munch.'

=> how does the Bacon Bap Analyst knows about Stafford Challenging his old employers for being too optimistic. Did he tell you ?
and what is your relationship with him?

Shall i make it that the CPR has the hall mark of JS? and how can this guy co-author an presentation on Fracture Study, when no mention is being made in the CPR?
could it have provided for a more optimistic CPR outcome?

pray tell!!!!

the more Joseki post about what JS might have or have not said in a private meeting the deeper the whole imo

[oliver666] 22/10/2016 13:39

It's long been established that bad information has been suppressed. SH-6 was bad, Sheikh Adi didn't flow. Obvious. the irony is The Muppets are trying to make out that good information, a super recoverable greater Shaikan has been withheld. Whilst the Kirkuk big brother story has died, the non commerciality of BB SA AB is now accepted, and hence the OIP is what it is. The final card is their embellishment of recovery factor, of which they have no factual evidence. Just because Todd JG Ainsworth said something does that mean it's the truth? Who trusts what the old BoD said? Stafford has always challenged his old employers for being too optimistic, and that's why some deluded PIs have now turned on him after the Muppets Munch.

If anyone wishes to Munch with the Muppets, head over to the grassy pastures on Last Days where they supposedly now graze.
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Joe trying to be respectful here, the above you wrote is so nonsensical it beggars belief.

Try this . Try thinking how your own respiratory system works. if you can get your head round that, then it will show what a clueless lot of BS is written by these so called bank analysts.
I KNOW THIS WILL BE CHALLENGING FOR MOST OF THE SO CALLED NAY SAYERS THAT THERE IS NO CONECTIVTY , but try this part ( how many lobes dose the right hand lung have) how does it work, what does it rely on, and how many lobes in the left hand lung, what part of the Heart makes respiratory system work. Ever heard of CHD or CVD, now imagine a well being drilled. I know this will challenge you, but then, most things that require intelligent thinking outside of a basic reports by the king of BS Hawrmi get swallowed and BANKS SO CALLED analysts in the world of oil and reporting get paid to spin BS..

[oil_investor] 22/10/2016 13:16

GKPhero: there's even a bitter blue ticking-down references to Chuck Berry and Leonard Cohen. Do you think they believe that Johnny B. Goode and the Sisters of Mercy are associated with Todd Kozel?

[oil_investor] 22/10/2016 13:12

ccr1958: I find it baffling why a non-shareholder would be so bitter, and would be posting obsessively about two wells whilst ignoring everything else. And apparently refusing to engage with the realities that (a) John Stafford said in official GKP video that he disagreed with his previous employer ERC's interpretation in the CPR of the Shaikan-6 results, and (b) the Sheikh Adi footwall was found to be merely the Western end of Shaikan. A huge oil column confirmed at Shaikan-6, with the cores bleeding oil, and the Sheikh Adi footwall being revealed as Shaikan by another name? And all this bitterness?

[joseki] 22/10/2016 12:14

Now isn't that a surprise. Our Pastor Muppet decides to use ERC estimates when it comes to SA and ignores it for Shaikan? And how sad that Pastor Muppet who is so dastardly jealous of analysts doesn't have a bloody clue what the term commerciality means. I can't be bothered to educate him today :)

As for Stafford, his old employers were Todd Adnan JG Ainsworth.

And yes, Joanna Southcott is going to remain at Gulf Keystone. Lash out all you like you little muppets... Show us the Box again.

[ccr1958] 22/10/2016 12:01

yes o_i, NB is now very bitter with regards GKP, it can only be related to losing money here and it would seem he is blaming everyone else for his decisions ... also his possie must have done their Gonads as well .. Negative nellies that they are !!

[gkphero] 22/10/2016 11:47

If GKP is paid all back costs in full with IMF money before April 2017, then we know for certain that the "restructure" was an illegal setup.

Jon had until April 2017 to pay the first installment of the bond repayment.

Many will be off to jail over this, imo.

[nicebut] 22/10/2016 11:46

OI,

You can`t use the stalking ploy every time someone disagrees with you I`m afraid. you write non-sense for 5 years on free BB then time sees to it that you are/were wrong- then some folk are going to question it/you in particular, OK?

You were wrong for 5 years...As is well documented and indeed discussed ad nauseam on these blogs- by those that called this correctly.

absolutely we know what was attributed OIP wise for SA and by RS for Shaiken- That is not disputed.

But did SA-1 flow oil? And how long after the test was it that we as shareholders found out the answer to former question?

Also:

Did SH-6 flow oil? And how long was it before shareholders found out the answer to that question?

Also you had post 524159 removed by ADVFN. ADVFN agree with me and disagree with you...Now please go back to your other thread.

IMO

[oil_investor] 22/10/2016 11:45

nestoframpers: oh dear. Fake Taxi is mistaken.

btw I find it a bit odd that, as soon as John Stafford is mentioned, up pops Joseki to defend him (with a load of nonsense) and then as soon as Tony Peart is mentioned, up pop the stalker Phillis and also Fake Taxi.

[oil_investor] 22/10/2016 11:41

nestoframpers: that's great news! btw I'm pretty sure that the GKPhero is a Brown Eyed Handsome Man. And we have the new album from Leonard Cohen released today. btw Toddy must be proud.

[fake taxi] 22/10/2016 11:40

Recorded conversations cannot be used without the knowledge of that person that they are being recorded, just another Jackanory in an attempt to make a square peg fit a round hole.So WR is back, why haven't you answered my question?

[gkphero] 22/10/2016 11:27

Traders launch Sothic distressed debt fund

FT - October 27, 2009

by: Sam Jones and Anousha Sakoui

The former head of JPMorgan’s credit proprietary trading desk and a team of senior traders from the bank have set up a new London-based hedge fund to invest in the debt of troubled European and UK companies.
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Sothic Capital – named after a 1,461-year anomaly in the ancient Egyptian calendar – started trading in September under the direction of Gertjan Koomen and Didier Matineau.

The hedge fund is one of a handful of successful new launches this year but has lured investors with a fee structure that will enable clients to restitute fees paid out to the fund’s partners in the event of poor performance.

Mr Koomen, Sothic’s chief investment officer, left JPMorgan, where he was head of the bank’s credit proprietary positioning business, last year.

Mr Matineau, the fund’s chief executive, was a former strategist at Long Term Capital Management and until this year a senior executive and risk specialist at GlobeOp, the hedge fund administrator.

The fund has an estimated $100m in assets under management.

Interest in the fund comes as investors look to profit from an unprecedented volume of distressed debt created by the credit crisis.

Europe has seen two other high-profile distressed launches this year. GLG Partners, one of the largest hedge funds in the world, launched a new fund to invest in distressed debt in September.

MCapital, a distressed fund launched by the former head of Merrill Lynch’s principal credit trading division, also launched in September, but has been beset by problems securing capital from investors.

Sothic’s claw-back provision underlines the necessity for new hedge funds to modify their traditional fee structures in order to attract new clients in the current environment.

Several large investors were quick to raise the possibility of hedge funds conceding ground on the industry’s headline “2 and 20” fee structure – 2 per cent of assets under management and 20 per cent of profits – earlier this year.

According to Sothic’s offering documents, investors are entitled to reclaim fees paid out in the year previously if they suffer losses.

Half of the annual 20 per cent performance fee is distributed in a single year.

“The remaining 50 per cent will be put into escrow for one year and only released if the following year’s performance is positive,” according to the terms.

“In case of negative performance, the escrowed fees will be used to refund ‘overpaid̵7; performance fees.”

[dudishes] 22/10/2016 11:18

Oil_Investor, so gracous of you to post on this thread (which you dread). According to a selling out Bondholder, apart from a hearing which you attended, you actually know nothing at all.

From that hearing, nought was sought. Need to pull yer socks up Son, slippin on the tree!

[nestoframpers] 22/10/2016 11:11

Chuck at 90 Bob !

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Chuck Berry to release first new album in 38 years
News / 2 days ago / by Stef Lach
Chuck Berry (Photo: Getty)
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Rock and roll pioneer Chuck Berry reveals on his 90th birthday that he'll release new album Chuck in 2017
Get everything Chuck Berry related here
Chuck Berry has announced he is gearing up to release his first new album for 38 years.

Titled Chuck, the album will be his first new release since 1979's Rock It and will arrive in 2017 via Nashville-based Dualtone Records. Berry made the announcement as he celebrates his 90th birthday.

Referring to his wife of 68 years, Berry says: "This record is dedicated to my beloved Toddy. My darlin' I'm growing old! I've worked on this record for a long time. Now I can hang up my shoes!"

Chuck will feature Berry's two children, Charles Berry Jr on guitar and Ingrid Berry on the harmonica. Jimmy Marsala will play bass, Robert Lohr is on piano and Keith Robinson is behind the drums.

The album was recorded in Berry's hometown of St Louis and will consist of mainly new material written by Berry and his band.

[oil_investor] 22/10/2016 11:06

nestoframpers: twisting, turning, rolling, burning, roaring balls of fire. Buy - my - Fire!