Gulf Keystone Petroleum Share Discussion Threads

[oil_investor] 22/10/2016 15:23

SURFER2: #524645 indeed.

[biggerthus] 22/10/2016 15:18

Because we have muppets driving us bus ?

[surfer2] 22/10/2016 15:16

When Enquest , PMO and Tullow all with Debt in MULTIPLES of GKP were able to reach satisfactory negotiations that did not WIPE SHAREHOLDERS?

See ENQ Open Offer recently

[oliver666] 22/10/2016 15:12

Surfer2

Geology/flow rates etc, does not change the structures. Any amount of books can be written, and technology is great.

As to enhanced recovery, its technology, but it does not follow you can not extract oil from certain areas.

AL Qosh flowed at 6500 bopd in 2010, but then wonder why it was kept quiet.
Maglub flowed at 5300 bopd. Jabal Khand ? Now a serious point, you can remove some of the oil from Shaikan, via SA its a simple procedure.

Trying to be cordial and polite, so accept in the manner its meant. BB was classed as a comercil discovery, but not by GKP but by Tony Haywood the king of oil disasters in the Caspian and GOM.
How many wells were drilled in SH to get to comercial discovery?

SA where are SA 1 results all of them?

Atrush , does it have the aquifer. What relationships are and were in play with GKP, and think Loritio Zebra.

Ltes take WZR and the guy who makes TK look reasonable , ( what as been hatfields games) he could not hide all he thought he could, but then ask this question, how did he and NZ get the former CEO of Talisman into the UK Cabinet office ..

[mr roper] 22/10/2016 15:09

BD I think full value as described by Align Research is 2P isn't it..

2P..that's where the whole problem started eh...Proved/Probable/Possibly not what you expect..

[nestoframpers] 22/10/2016 15:08

a new poster mugwump12 on iii posted at 0143 last night saying PIs have done very well , probably JF?

[mr roper] 22/10/2016 15:08

Bob, all the numbers came from Rick Richardson. Ryder Scott pretty much just put their name on the paper and took their fee.

[surfer2] 22/10/2016 14:52

Any attempt by a Shareholder to Defend Ones Investment, to discuss Geology in detail or to try make sense of the share price collapse / sabotage is picked up on and twisted so as to make it appear that same Individual is supportive or even complicit in Todd Kozels Dealings.

Kozel was removed and the Share Price subsequently collapsed from around 150p to 1.2 P with No change in the Oil in Place and an Increase in P2 reserves.

[oil_investor] 22/10/2016 14:46

SURFER2: oh dear.

Now Mr Roper claims that the DGA and Ryder Scott "Oil In Place" numbers for Shaikan came from the same guy.

Er...no they didn't.

The main Ryder Scott people were Larry Connor (Managing Senior Vice President), Thomas Talley (Vice President) and Victor Hein (Senior Engineer). So in any case there are three of them (so unless they're 3-in-1 the allegation is immediately destroyed) and they're not DGA people.

[oil_investor] 22/10/2016 14:41

Oh dear.

Now Nicebut alleges that I am "defending Todd Kozel".

How on earth does he reach that conclusion?

What I said was that the OIP numbers did *not* come from the former CEO (the former one was actually John Gerstenlauer and not Todd Kozel) but from DGA and Ryder Scott.

On his logic, pointing out that particular reality could be used to defend anyone unconnected with DGA and Ryder Scott. The Yorkshire Ripper, perhaps? Dr. Crippen? Guy Fawkes?

[oil_investor] 22/10/2016 14:37

Oh dear.

Now Nicebut alters what he said, such that "ramping the independently assessed Oil In Place figures" is somehow linked to SH-6 and SA-1.

Yet he keeps totally away from the detailed reconciliations between the DGA and ERC numbers! And hence ignores the reality that the former included formations which the latter did not.

[nicebut] 22/10/2016 14:36

O_I,

Are you still defending TK?

Why?

[nicebut] 22/10/2016 14:31

WHY didn`t GKP tell RS about the Sh-6 testing problems.

JG said SH-6 needed a sidetrack- everything would be fine. Why no sidetrack?

[nicebut] 22/10/2016 14:30

Ramping the share price with OIP figs whilst withholding negative information i.e. flow rates- IE no flow on SA-1 and SH-6. That is zero, nil, zilch....Only water on 6.

[oil_investor] 22/10/2016 14:26

SURFER2: Stafford also said that he disagreed with ERC about their interpretation of Shaikan-6.

[mr roper] 22/10/2016 14:24

the DGA and Ryder Scott numbers come from the same guy

[surfer2] 22/10/2016 14:20

Oliver666



Ghawar wells recovery rate was enhanced including use of Acidization and went on to produce for decades ?

Why then do methods to enhance Shaikan or other License wells somehow constitute ‘proof’ of a non commercial reservoir ?





hxxps://aramcoexpats.com/articles/ghawars-magnificent-five/

Shedgum No. 1

The Shedgum No. 1 discovery well was drilled in 1952 to delineate the En Nala anticline to the east of Ain Dar. The well struck oil in the Arab-D carbonate and was later brought onstream in 1954.

In 1968, the wellbore rock matrix was acidized to improve the flow of oil from the carbonate formation. In 1989, liners were run across the open hole to address future water encroachment.

Recently, the oil production rate was enhanced greatly for Shedgum No. 1 by recompleting the well with a horizontal sidetrack complemented with inflow control device (ICD) technology. Not only was the oil rate increased to more than 3,700 bpd, but the water cut has also been lowered significantly.

Shedgum No. 1 has produced more than 98 million barrels of oil over the past 55 years, and the application of new technologies will keep it producing for many years to come.

[oliver666] 22/10/2016 14:14

Suggestion. Ask kurds who worked in the blocks and gaurded them, let them open your eyes, but then that is to hard.

[nicebut] 22/10/2016 14:13

ccr,

I am bitter about being kept in the dark about price sensitive news wrt SA-1 and SH-6, yes. All while the Ex CEO was ramping the share price with the OIP figs, was taking massive bonuses and his trust was unloading shares- ....Yes...I think I have every right to be a tad miffed or bitter...Conned if you like.

And yes when posters on here, your mate for example, said Sh-6 would, quote: be `just a storm in a tea cup`, and indeed continues to keep his head buried in the sand- and defend the indefensible then yes I am somewhat perplexed, yes.

But i do treat it as a learning experience- I did learn from it- I`m not sure O_I has learnt anything from it...As he continued to talk the share as a buy from c220p all the way down to 1p....He`s still spouting the same old rhetoric and non-sense, even post D4E with PSCs handed back. While he continues to do it- I`ll continue to point it out.

ADVFN agree that he can`t make these `stalking` allegations every 5 mins either. He`ll learn, maybe.

Why do you think its only
ccr195822 Oct '16 - 12:01 - 524616 of 524624 8 1
yes o_i, NB is now very bitter with regards GKP, it can only be related to losing money here