Gulf Keystone Petroleum Share Discussion Threads

[shaftdrive1] 14/12/2016 10:34

I thought the fracture was the gkp 5 year chart?

[oilman63] 14/12/2016 10:31

Has anyone seen this fracture model ?

Yes I did when Todd was in power.

[ccr1958] 14/12/2016 10:31

oily what 147p ? LOL !!!

[gkpdickhead] 14/12/2016 10:26

ccr, the serial losers here are the idiots who blindly and naively held and held and watched their money go pretty much totally down the khazi. I sold out at an average of well north of a quid in old money. This would now have to get to well past £150/share before I'd even begin to have any regrets about having sold out. And you have the gall to call people like ME who sold out bitter??!! PMSL!!!!!

[mr roper] 14/12/2016 10:26

well done, Oilcan. So did i.

[1waving] 14/12/2016 10:25

Correct Bob.


How about this little gem on the fracture network ???

" Following extensive fieldwork, modelling and integration, a Discrete Fracture Network model has been constructed for the asset which together with a series of Eclipse™ sector models extracted from a full field Petrel™ model has been used to investigate potential development scenarios. "


Has anyone seen this fracture model ?

Who holds this information ??

.

[oilman63] 14/12/2016 10:23

do you think Bob is a genuine guy ???

[ccr1958] 14/12/2016 10:20

ooooo stu, hit a nerve have we ? My buying and selling has been announced since 2010,no lies .. I have always owned my GKP shares and sill hold some now... as I said the traders would be along to unleash their vitriol ... I thought you had done ok here ,obviously not ,silly old Tyke !!!

[oil_investor] 14/12/2016 10:19

1waving: that JA quote is taken from the PS13 email of June 2013.

[1waving] 14/12/2016 10:14

Brief extract from an old post:--


HonestInvestor  3 Aug'13 - 08:18 - 306442 of 306476 13 0

....... 3. The $10B supposed offer was indeed mentioned to me by JA and we
discussed whether a proposed sale of Shaikan now made sense from a NPV
basis.........


.

[ccr1958] 14/12/2016 09:58

Most of the serial losers on here lost big time trading , hence they are out for good ,no funds to punt any more , hence the constant knocking and blaming of others ,they'll be along in a minute ,full of vitriol !!!

[fake taxi] 14/12/2016 09:57

NY Boy

I have seen that quoted on just about every bum stock on ADVFN, most of which are now in the graveyard along with shareholders money.



NY Boy14 Dec '16 - 09:43 - 529618 of 529618 3 0
Ccr1958. Warren Buffett referred to exactly this..in one of his books I read, previous investors had been so beaten up, they thought markets could never recover again, he was a new breed of investor, who had not been been beaten up and only saw opportunities and of course he went on to make multiple fortunes.

[oil_investor] 14/12/2016 09:56

The reason that the share price was high in the period from the Discovery RNS in 2009 was BECAUSE THE COMPANY TOLD THE SHAREHOLDERS THAT SOME 25% TO 35% OF THE SHAIKAN SUPERGIANT OILFIELD WAS RECOVERABLE.

That was the reason that the brokers gave high share price targets! That was the reason that people bought the shares! That is why Clifford Chance, NY Hedge Funds and Andonis Lemos funded Excalibur's (doomed) attempt to gain some 30% of Shaikan! That was the reason that GKP and Perella Weinberg went to China in March 2012, and why GKP rushed through the previous Exit Awards immediately upon their return from China!

The slide in the value of GKP started when there was no sale in 2012-13, and it gathered pace when the oil price slid, the ISIS problems arose, and GKP did not receive the monies due to it under PSC Cost Recovery Terms and the BIRs. This is so obvious that it hardly needs to be mentioned yet again.

The problems were accentuated by the 13 March 2014 CPR. That CPR was an "audit" by ERC Equipoise OF GULF KEYSTONE'S OWN MODEL OF SHAIKAN. And the Reserves numbers related to only the first Phase of the Field Development Plan, as GKP explained. That is FACT. One can even find the names of the GKP people who prepared the model, if one looks. John Stafford and John Gerstenlauer said in the RNS'd CPR webcast that they DID NOT AGREE WITH WHAT ERC EQUIPOISE HAD SAID IN THE CPR ABOUT CERTAIN MATTERS. The CPR was described at Board level as containing "layers of conservatism". That description is in writing.

The value of Shaikan naturally depends upon getting paid, and being able to get the oil into the export pipeline without the incredibly wasteful use of hundreds of road tanker trips per day, like something out of a bygone era. Jon Ferrier has just told Mees magazine that connecting Shaikan to the 36-inch Feeder Pipeline - which is cutting across the Shaikan Block close to PF2 - is his top priority for 2017.

But Oil assets are valued on the RECOVERABLE BARRELS. How many do GKP have in their 58% of Shaikan? That is the $64,000 question.

[ny boy] 14/12/2016 09:43

Ccr1958. Warren Buffett referred to exactly this..in one of his books I read, previous investors had been so beaten up, they thought markets could never recover again, he was a new breed of investor, who had not been been beaten up and only saw opportunities and of course he went on to make multiple fortunes.

[walloon3] 14/12/2016 09:41

Bit of strength this morning. Looks like there's no dumping yet! Volume low so bondholders not offloading. And of course it's then a possibility that GKP may soon have double the mcap of GENL. Then guess what happens to GENL!

[ccr1958] 14/12/2016 09:35

Yes NY , lots of bitter losers here ,` sold out` literally, easily spotted they live in the past !!!!

[ny boy] 14/12/2016 09:29

AHT now 1624p 🙈🍾

[ny boy] 14/12/2016 09:28

Bear trap MM's mugging sellers, its time to buy folks,the new breed of entrepreneurs have arrived to buy out of the ashes of burnt out shareholders who caved in. It's a buy, going to 200p short term then onwards to 2000p over the next 2 yrs. DYOR as usual, fortune favours the brave here.

Anyone remember AHT, some made 100% from 1p to 2p and thought they had done well, check the price now lol!

[fairenough11] 14/12/2016 09:23

If the Sinopec interest is correct than we can expect a much higher takeout price than the paltry £300M we are currently valued at IMO.

Yes,there are other variables to take into consideration here and now but....


"Sinopec is paying somewhere between $16 (U.S.) and $20 a barrel for Addax's proven and probable reserves of 537 million barrels, measured at the end of 2008."

[1712notout] 14/12/2016 09:20

Did everybody already buy and hold?
If not
Buy
And
Hold
All the best
👄👄👄👄8068;

[gkpdickhead] 14/12/2016 09:18

"It's all about the barrels".

Good grief. Surely even the most utterly clueless here can plainly see that the fact that the share price is down 99.7% from 2012 highs more than strongly suggests otherwise.

The only thing 'SUPERGIANT' about this company is the total reaming that PIs have been on the receiving end of. And still the BoD's trough gets replenished whilst the company has effectively been handed to the secured notes. Truly sickening IMHO.