Gulf Keystone Petroleum Share Discussion Threads

[phillis] 02/11/2016 17:20

LOl
Do you think Shell CEO might know more?
It is five years hence after all and not when traders decide to go long - because, well they are traders!

[roverite12] 02/11/2016 17:13

I know you're not a fan of balance , Phillis (or was it Ballance ?) but here goes ......


hxxp://oilprice.com/Energy/Energy-General/Why-Oil-Prices-Will-Rise-More-And-Sooner-Than-Most-Believe.html

[oil_investor] 02/11/2016 17:05

Oh dear.

Someone posts about Stafford and up pops hearts1.

But not regarding what Stafford actually said.

How very strange.

[oliver666] 02/11/2016 16:47

Bigdog. I am not disputing what you said, the point i was making is the actual figures have been obatined and now the KRG MNR Hawrmi must answer , or do they have to? produce the secrect document signed by Hawrmi Bazarni with Gnel and Erdoagn, along with Glencores involvement is hiding money for the KRG ruling elite.

For this to work it need the shicty london traders , and there parasites to assist.

GKP have failed at every turn to act and none more so than Ferrier, who is Zahawi apprentice , soon to be shown up for the robbinb -asrtards they are

[shaftdrive1] 02/11/2016 16:43

Nest,shouldn't that be ' on your way Sunni? You talk Shi ite!

[bigdog5] 02/11/2016 16:39

370m net reserves. Requirement for pumps, another PF and a lot more working capital than they have or will receive. 55k LOFL, like when.

No spur, mega pipe, regular (correct?) payments, exploration debt has evaporated. The cash at bank will soon be used up. $100m of debt still to service. Consolidation a cert with more dilution in under 12 months.

How is this company anything other than a blank cheque for the BoD and MNR? Where is any value coming from? Is 3p/4p/5p full value?

Why would the BH's that converted to equity risk their gains waiting for any hoped for progress? Will they wait for consolidation and more dilution? Based on the last 7 years history, LOFL.

[gkphero] 02/11/2016 16:10

What are the bondholders doing now?

Are they going to hold all their GKP shares for value?

[bigdog5] 02/11/2016 16:01

oliver666
2 Nov '16 - 04:44 - 525949 of 526036 7 2

"BD, the info is correct, the $ 1 billion missing is from oil sales in the last period, and 900,000 + has been verified by Iraqi oil people who known more than any one, and that is fact, they are not on blog boards, but hold positions for work with varoius organisations including oil traders".


oliver, It would seem that you've completely misread my post. Read it again but this time accept that what you've posted is along the same lines that I've been "suggesting" for around two or more years. Nothing the MNR states can be believed. Export numbers, revenue received, promises of payments, support for the producers, pipelines to be built etc, all totally worthless. It's all been about them and what they can trough. There is no point in investing in Kurdistan. Imho.

[gkphero] 02/11/2016 15:52

Looks like Trump is going to get in anyway.

He'll sort them out.

[gkphero] 02/11/2016 15:49

Too many liberal types these days who don't seem to mind if middle eastern fanatics bomb and murder Western European citizens.

That is a disgrace imo.

I will call them what they are, if it's needed.

[gkphero] 02/11/2016 15:38

Afternoon stu. ;D

[oil_investor] 02/11/2016 15:28

nestoframpers: ShaMaran have used Shaikan as an analogue for Atrush.

Though Stafford says he can't find an analogue for Shaikan lol

btw the Well Productivity Indices at Shaikan and Atrush are virtually identical, at the upper levels of anything found anywhere in the world.

[gkphero] 02/11/2016 15:21

Leftly - Exxon woos GKP...........

[nestoframpers] 02/11/2016 15:17

Easy to overlook what is surrounding Shaikan .


dafydd12317 Feb '15 - 23:08 - 401707 of 526029 5 0

Atrush 1 and 2 are spectacular and AT-3 out to the East is good using electrical pumps but a tenth of what's in the centre.

What people forget are the distances between these wells as if 3.1Km between AT-1 and AT-2 and 6.5km between AT-2 and AT-3, which adds up to 9.6km of continuous oil, is just nothing.

Atrush 1 - April 2011


Atrush 2 - Sept 2012


Atrush 3 - August 2013


Atrush 3 - Yesterday
hxxp://shamaranpetroleum.mwnewsroom.com/press-releases/shamaran-announces-successful-testing-of-the-atrush-3-well-tsx-venture-snm-201502160992408001

Lots of similarities with Shaikan and a lot of complexity - like Shaikan!

[oil_investor] 02/11/2016 15:11

nestoframpers: to answer the question, yes Stafford did say "dual porosity model". It is explicitly referenced on one of his slides. Stafford also mentioned this very issue in October 2011.

[phillis] 02/11/2016 14:52

Discounted supper?