Gulf Keystone Petroleum Share Discussion Threads

[ccr1958] 24/10/2016 14:20

Hey Kandy.. hope you had some PXOG and COPL, if not why not ?

[kandyman1] 24/10/2016 13:42

SA is connected to shaikan.They always knew that.even came out in CC i believe.The DGA said connected.All data shows connected at Jurassic anyway .

[nicebut] 24/10/2016 12:57

Wildrider,

Didn`t JG talk about SH-6 needing a sidetrack to confirm the above?

Errrr where is it?

[nicebut] 24/10/2016 12:53

That`s SA-2 -Non-one has a problem with that...except that SA was handed back, at vast cost. Wonderful eh?

[surfer2] 24/10/2016 12:52

4,235 barrels a day is a Dud ? I guess the man made line on a map means Sheik Adi is not an extension of Shaikan eh ? Silly me




8 November 2012


Gulf Keystone Petroleum Ltd. (AIM: GKP)
("Gulf Keystone" or "the Company")

Sheikh Adi-2 Exploration Well Discovery
Gulf Keystone today announces that Gulf Keystone Petroleum International Limited, Operator under the Production Sharing Contract relating to the Sheikh Adi Block in the Kurdistan Region of Iraq dated 16 July 2009 ("PSC"), has notified the Sheikh Adi Block Management Committee of a discovery made on the Sheikh Adi Block with effect from 7 November 2012.

The notification of the discovery follows the completion of a well testing programme of the Sheikh Adi-2 exploration well on the block, located immediately to the west of the Company's Shaikan Block, which is a major commercial discovery.

Sheikh Adi-2 spudded in May 2012, 1.45 km to the north of the Sheikh Adi-1 exploration well, and was drilled to a total depth of 2,754 metres in September 2012. In the course of the Sheikh Adi-2 well testing programme the Company has successfully tested four reservoir zones at measured depths of between 1,420 metres and 1,700 metres, achieving total stabilised aggregate flow rates of 4,235 barrels of oil per day across the Upper Butmah, Adaiyah, Mus and Sargelu formations in the Jurassic. Provisional results indicate the oil gravity is similar to that found in the same formations in the Shaikan Block namely 15-18 API.
In line with the Sheikh Adi PSC, following the notification of discovery, the Operator will submit a Discovery Report to the Sheikh Adi Block Management Committee within 30 days.

Gulf Keystone is the Operator of the Sheikh Adi Block with an 80 per cent working interest, while the Kurdistan Regional Government has a 20 per cent carried interest.

Todd F. Kozel, Gulf Keystone's Executive Chairman and Chief Executive Officer commented:

[wildrider7] 24/10/2016 12:49

so what is it that keep them so annoyed, awake and obfuscating?
why do they get agitated when we mention the concealed presentations?
does anybody get embarrassed by what John Gerstenlauer had to say on the CPR?
would the following snippets be a real problem for them?

CPR1 - Concealed Webcast:

18-19 minutes in

"we flowed dry oil at Shaikan-2 from only 50 metres above where ERC
Equipoise says there is water in the fractures"

"We flowed dry oil from the Butmah at Shaikan-4 below where ERC
Equipoise say there is water in the fractures"

21 minutes in

"fracture information came from core logs, image logs, 3D-seismic and faults"

"The major source of information...about fracture porosity...will be production"

34 minutes in, Q&A

"ERCE claim that 0.4% was the highest they had seen; if you look at
the literature there is 0.7% to 0,8%"

"Shaikan has the highest I've ever seen"

"the worst wells have Productivity Indices of 150"

"but Productivity Index of 500 at Shaikan 10"

"One hell of a fracture population"

"ERCE had never seen a Shaikan"

"Fairly conservative fracture porosity"

"I'm pretty much convinced that the water kick at Shaikan-6 was bad cement"

[surfer2] 24/10/2016 12:29

Point to the GKP RNS which states Sheik Adi is a duster please

[tess_tickle] 24/10/2016 12:21

Get your calculators out.How many barrels per share ? edit,, or shares per barrel, lol.

[bigdog5] 24/10/2016 11:44

nicebut, I usually only post here because its the only bb not governed by a delusional alcoholic dictator who encourages a fake reverend and his acolytes to post BS.

Anyway, I was wondering what you thought about the theory as put forward by the fake reverend that Shaicon will be draining the oil from Sheikh Adi. That's the licence that we were all told had 1.9 billion barrels OIP (no typo) from the very first drill. However, it would now seem that this well didn't flow. The company, under Kozel obviously didn't reckon it was important to advise shareholders. But no worries, I've been reassured that it wouldn't have impacted the share price by some very senior oil executives at a local BP garage. So do you reckon bearing in mind the close proximity of Shaicon to SA that they can drain it?

Also, and I've been discussing this with senior risk analysts, is it likely that with the knowledge of SA not flowing that there may have been other wells that we haven't been told the truth about?

Anyway, hopefully you will be able to give those queries a serious mull and advise later as I'm off to have lunch with Genesis and its hoped that Chester and Daryl will be able to join us. "That's all" only a mull.

Loads of selling, makes sense though?

[1712notout] 24/10/2016 09:42

Huge buy
😪😱😱😥8554;😴ԅ64;😎😱;😠😴

[nicebut] 24/10/2016 09:17

O_I,

It`s been pointed out to me- That you are accusing me of stalking ....AGAIN. i take a very (nicebut) dim view of that , as you know. As do ADVFN.

LOL

This is a free BB. Which bit of that don`t you understand. Now back on filter with you.

[ccr1958] 24/10/2016 05:46

LOL, BH`s falling over themselves to sell over 1p , It is over 1p !!!!!