Gulf Keystone Petroleum Share Discussion Threads

[lardner23] 08/12/2016 21:53

So is the 'Big Trough Opportunity' extended because

(a) Frodo and Samwise don't think anyone will buy by next summer?
(b) Like people with dyslexia in exams, they need more time to perform?
(c) it was a trade off for the cuts, along the lines of 5% for $100m

[nestoframpers] 08/12/2016 21:53

They said that only a mixing plant, and not a blending plant, would be required to put the Shaikan oil into the Feeder Pipeline

How much is one of them and are we paying ? this seems to have gone on for ever.

[slider27] 08/12/2016 21:09

SH is humongous so whats not to like ?

Consider being ripped off by MNR / BOD / note holders as the last PIs

Whats not to like ?

Huge trough being constructed by BOD

Humongous SELL !!!!

[nestoframpers] 08/12/2016 21:08

Shaikan commercial production commenced in July 2013, export
deliveries in December 2013 and sales in January 2014

• In Q1 2014 in excess of 836,000 bbls of oil have been exported



Thats a lot of production by May after 10 months on line , 10 months of testing pressure resilience, IE they'd know if it was Reserves or OIP by April.

IMO GKPs WI in Shaikan is 3 bill blls reserves , you can get that using GKPs own data and a Fracture value of 2mm which is conservative considering the drill bit hit lots of vugs one 3 m's deep.

[nestoframpers] 08/12/2016 21:00

Here is the replacement , no word of explanation BTW , just sneaked it in .Anyway AV has gone , hurray and JS will too soon IMO.

[nestoframpers] 08/12/2016 20:46

garrymarrow ask your self do professional oil field valuer's get OIP and reserves mixed up ?



I am not surprised JS is ill , I am surprised he has a job at GKP though , who is Krem Kresa ? spelling ? 'the guardian of the data ' AV called him.

[nestoframpers] 08/12/2016 20:38

More from the religion of peace

[garrymorrow] 08/12/2016 20:29

I think that a bid is coming....I think this is why Shaikan is being played down....remember we own the rights to extract oil from a TIDAL reservoir. Nobody cares a tot for us PIs. Not happy.

[nestoframpers] 08/12/2016 20:23

FO OM .

OLWD you'd have thought that Nick Davis would of had a reply to the ques to hand , why in a closed period.

[oilman63] 08/12/2016 19:57

You didn't miss much Kenny.

[kandymans1] 08/12/2016 19:51

Didnt make it tonyUnbelievable in dublin when not invested and worth 1.3p.Took one kids off for day.Got him pizza toy and kinder egg.Made him happy as larry and i forgot for few hours gkp even existed so i made right call.However .why i dont know but i would have liked to have gone and had few pints.Good look to any lth K

[lgw] 08/12/2016 19:48

Glad I took the time today to meet up with other GKP shareholders and put some faces to names.

[oilman63] 08/12/2016 19:22

Show us the slides 😂😂😂

[2jester] 08/12/2016 18:42

We can always afford very expensive lawyers, but cant afford to pay our debts, allegedly.

Nice work Sami.

You're a true professional. ROFL.

[oil_investor] 08/12/2016 18:41

pocopicu: AV wasn't there. Kate was.

[krr13] 08/12/2016 18:40

KRG signs landmark loan agreement with UK GovernmentTHU, 8 DEC 2016 19:48 | London, United Kingdom (cabinet.gov.krd) - The Kurdistan Regional Government has finalized a landmark loan agreement with UK Export Finance (UKEF), the UK's export credit agency, to finance the first phase of a contract between the KRG and UK water engineering company Biwater to deliver urgently needed water and wastewater treatment solutions to the cities of Erbil and Sulaimani.UKEF has agreed a USD $34.8m loan to the Kurdistan Regional Government (KRG) to finance the Development Works phase of the Erbil and Sulaimani Water and Wastewater Project under a $1.2 billion contract signed by the KRG with Biwater in 2015.The loan is the first use by the KRG of the Law To Raise Funds Through Borrowing by The Kurdistan Region, number (7) of 2015. The overall works will alleviate the current strain on existing infrastructure and reduce the Kurdistan Region's reliance on dwindling groundwater reserves to deliver long-lasting environmental benefits.As a part of the project, Erbil will be provided with a 600,000 m3/day state-of-the-art water treatment plant, while Sulaimani will benefit from water treatment plant upgrades and the construction of cutting-edge wastewater treatment works and sludge treatment facilities.The project's Development Works phase will include all relevant site surveys, social and environmental impact assessments and detailed designs.Sir Adrian White, Biwater's chairman, said: "Since Biwater was founded in 1968, we have delivered many large international water projects across the globe, including strategic turnkey solutions throughout the Middle East. The signing of this contract in Kurdistan is a major landmark in providing technological and financial solutions that address complex water-related challenges in the region."Welcoming the water project and the loan agreement, Prime Minister Nechirvan Barzani said: "This is a significant step that will help improve the daily lives of the citizens of Erbil and Sulaimani. It is also the first time the UK government has provided a direct loan to the KRG to boost our infrastructure. We hope this initial loan will pave the way to attracting finance for the next stage of this important project. We also appreciate the high-level backing this project has received from the UK government, highlighting the close and fruitful relationship between the UK and the Kurdistan Region."Greg Hands, the UK Minister for Trade and Investment, said: "This is great news for Biwater and for British exports, and I am delighted that UKEF is financing this hugely important contract. It shows what is possible when British technical excellence receives the right government support at the right time. The project will bring much needed benefits to Kurdistan and offer substantial opportunities for supply chain companies based here in the UK."

[1712notout] 08/12/2016 18:35

Ferrier
Was not good
😐

[lardner23] 08/12/2016 18:31

s_murray, there are several subjective comments in bob's summary. Value judgements. It's second hand hearsay from a sauce. Maybe O63 would like to give us his own summary?