Gulf Keystone Petroleum Share Discussion Threads

[notout] 10/11/2016 11:25

Is he poc?

Let me take a look

[pocopicu] 10/11/2016 11:23

As usual, teenyweeny dog is copying what others have already said.Thanks for turning up though teeny.

[bigdog5] 10/11/2016 11:21

Production down and the clues are all there as to why.
That obviously means less payment from the supportive hosts.
DNO now reduced their original offer.

I wonder how the BH's are feeling now?

[shaftdrive1] 10/11/2016 11:17

nope,dont care.the days of being right or wrong are looooooooong gone.the afflicted are still living their past mistakes EVERY day!
and...just how many times is trench gonna say Ciao? is he locked in (his padded room,not gkp!)or needs 'oh dear' to reply? or is he looking in the mirror?
(fonze style)....aaaay..ciao!....and as back up...(perplexed face)..'ya talkin' ta me??'
bye now,sithhee then..........

[pocopicu] 10/11/2016 11:12

Excellent analysis as always O_I. Let us see all of the "analysis" from the desperately bitter and lonely bunch in return.Ahem.

[roverite12] 10/11/2016 11:11

a careful review of Gulf Keystone's latest reserves report

---------------------------------------------

Yep , we only had a quick glance earlier before making our bid but since then we've had a proper look and read a few of the blogs . There's nowt there ......but we'll still have it ....reluctantly .

[notout] 10/11/2016 11:09

well o-i I anticipate a plethora of non shareholder avatars battering that analysis.

[shaftdrive1] 10/11/2016 11:03

just for balance,Samir Cheesecake did replace said Navinder Sarao,who i always viewed as a cad,and slept more than Samir!

[oil_investor] 10/11/2016 11:00

ANALYSIS OF KURDISTAN MNR 2015 AND 2016 MONTHLY OILFIELD PRODUCTION FIGURES

The Ministry of Natural Resources has this week released details of production for all fields since January 2015. The raw data can be found on their website.

My own analysis of the data is as follows.

The MNR have given data for ten fields, though one of these has ceased production and another has only just, for the first time, produced oil albeit at a minimal level. There are consequently eight producing fields which are relevant.

Of those eight, two were producing only very modest amounts of oil and therefore there have actually been six producing fields. Avana and Bai Hassan are included by the MNR together with Khurmala, so those three count as "one".

When we look at the pattern of production over the 21-month period (January 2015 to September 2016) some interesting points emerge. In particular:

* the high-profile DNO and Genel fields of Tawke and Taq Taq have delivered disappointing performances. Comparing current production levels with those of Spring 2015, Tawke production is down by a significant c. 30,000 bopd, whilst Taq Taq is down by an alarming 70,000 bopd. Taken together, DNO and Genel account for a drop in Kurdistan oil production of 100,000 bopd

* Kalegran (MOL) were expected by the MNR to achieve a production level of 35,000 bopd during 2015 at Akri-Bijeel. The field was taken off production in October 2015, and there is a consequent shortfall of 35,000 bopd. Taken together with the disappointing results from DNO and Genel as noted above, these three companies account for a drop in production, and non-delivery of anticipated production, of 135,000 bopd. This is an enormous number, at a time when Kurdistan was expecting to move toward its target of 1 million bopd

* KAR have mitigated that DNO, Genel and MOL shortfall by increasing output from Khurmala (plus Avana and Bai Hassan). A very useful increase of about 125,000 bopd has been achieved by KAR, compared to the Spring 2015 level. Without this, Kurdistan production would be very much worse

* some useful increases were also notched-up at Shaikan, Sarsang and Khalakan. Taken together with the KAR increase, these fully offset the DNO, Genel and MOL slippages.


Turning specifically to Shaikan, we see some interesting results. Whilst some bloggers have alleged that the field is already in decline - such allegations being possible because of the woefully poor IR and PR from the company which leaves shareholders in the dark and also the company's total disinterest in doing anything about false allegations - this is clearly not the case.

Looking at the published Shaikan data for the April 2016 to August 2016 period, the Shaikan production level is c. 39,400 bopd. This compares to the "nameplate" capacity of the surface facilities of 40,000 bopd as stated in RNS. Allowing for the inevitable lost production due to essential maintenance etc. work which is standard on all producing oilfields, it is clear that to average c. 39,400 bopd the actual production levels are running at c. 40,000 bopd or maybe a little more than that.

There was a dip in Shaikan production in September 2015. I have just checked the reason for that with Iraq: (a) the export pipeline was shut-in, (b) this was followed by queues to empty the trucks at the pipeline injection point, and (c) there was then a strike by the truck drivers.

In my personal opinion, Shaikan is at the very heart of the MNR's plans to boost Kurdistan oil production, assisted by the neighbouring analogue oilfield Atrush and also to a lesser extent by the nearby Swara Tika. ShaMaran, one of the partners at Atrush, has just announced that work has started on building the 10-mile 36-inch diameter Feeder Pipeline which will run from Shaikan to Pumping Station 2 on the main export pipeline. This Feeder Pipeline has the capacity to handle 750,000+ bopd of blended Shaikan, Atrush and Swara Tika production.

Just another mull, in the light of silence from GKP's woeful IR and PR functions.

[shaftdrive1] 10/11/2016 10:54

im having barrels of laffs, Mr R!
oooo,i'm soo troubled by the gkp boy scout...do something about it,hornblower? i'll be taking a brisk walk soon in the crisp easterly breeze,bright sun,followed by mellow coffee and well toasted t cakes.i will however,leave the key under the mat at the gate complex(my orderly, Samir Cheesecake will be asleep i suspect) i'll meet Det Insp Radish on my return. tell him there are various teas in the cupboard,but leave my coffee collection alone...regards......Mr Twist Andgo

[mr roper] 10/11/2016 10:51

can someone please mention the barrels

[0il_1nvestor] 10/11/2016 10:50

Oh dear. The poster shaftdrive1 is seemingly asserting that I have been advising the company to keep IR/PR to an absolute minimum so that the colossal asset potential remains under the radar. That, of course, would imply I was bezzers with Miss Vvedenskaya. Now you see Peart was in the way, he simply had to go.

[shaftdrive1] 10/11/2016 10:49

but H,are you suggesting TeamGkp are not 'on the money' here?? cripes
i believe my trading account,nowt else.
phillis.....niiiiiiice 1st innings for the chaps.just need a breakthru now..

[pocopicu] 10/11/2016 10:46

The answer is clearly yes.

[shaftdrive1] 10/11/2016 10:45

nope,i have HUGE,no,COLOSSAL fun reading the playground trash on here.gkp bb's have always been the Office of Free Therapy!.....y'see,some on here got in,got out and BANKED the money.some clung to dung,swallowed all the tripe posted here,and because of ego,stupidity or ignorance or all(as i suspect of most) have been at Todd's Flying Circus,adorned with clowns masks,catching knives.it is the reason they are here,because they hate themselves but the BIG boyz have already raided Todd's coffers and long gone,to invest free mullah in other stocks(they are other stocks y'know!)
the FACT that you argue the toss about who is,who was is testement to the stupidity of the SlavesoGKP.
i suggest TeamGkp do a collective Leafy Lane amble with Poconut,around 3-30pm?
keep up the good work muti fruitcakes,keeps pitching,ill keep hitting home runs!! arf

[hearts1] 10/11/2016 10:43

DNO know more about the region and Gkp than Bob or 1712.Like Edison before CPR1 it's always best to listen to people who actually know what they are talking about,

[ohdearohdearohdear] 10/11/2016 10:34

Does shaftdrive have mental issues?

[oilman63] 10/11/2016 10:33

Can you not understand that people are just laughing at you ???

And I don't just mean on here.

[shaftdrive1] 10/11/2016 10:25

and.....why hasn't TeamGkp over 3% been rns'd??....surely,with 1712buffet's 5m@5.2p,and the 2m top up and aaaaaall johns 'adding here!' they are now 1 of the biggest holders of debt,sorry,golden donuts,sorry!!....nuggets of gkp (Greatest Kon Principle!)
aaaaaand,did the flutist,sorry!...wind instrument that is Trench give the rozzers a teamtalk about 'enhancing your pension pots'????? i know of this little 1 dimensional,1 trick pony,that's(get this bit)under the radar. get in now,as it's about to have 10,no,15,no!!.....18 bids for its 2345bln brrls of sulphuric tar....sssshhh...do it quietly supt Twoface.......aaaarf

[notout] 10/11/2016 10:10

With DNO
Playing the - 'it's all uncertain '

......But we'll still like to buy you 😇😇😇😇
For buttons

If possible 😯

Be interesting to see what other parties appear

Clearly Gkp very much in play
Colossal buy
😯much love
💋
And hold of course
Like the big boys are 💬💬💬