Gulf Keystone Petroleum Share Discussion Threads

[ohdearohdearohdear] 23/2/2017 08:00

This Oilman63 character is a strange one isn't he? He thinks that by saying random stuff every now and then, it shows that he knows more than he actually does. Let me try it.....................

Watch out for the news holders!


Now, if there is any news to do with GKP over the next year or so (good, bad, indifferent), it will surely show that I am "in the know". Won't it?

[fairenough11] 23/2/2017 07:45

No financial loss to GKP,but its about time we employed a CEO with a backbone,instead of this spineless lot.

In JF we trust.He just get's better and better:-)

[wantmorethan24p] 23/2/2017 07:43

buy GENEL a better bet.

[wantmorethan24p] 23/2/2017 07:43

heavy oil???

[oilman63] 23/2/2017 07:37

👮🏻

[nicebut] 23/2/2017 07:32

Still not sorted yet...And a few wonder why this at 1.3p?? Here`s your answer...`subject to further clarity`.!! In the meantime you can`t use the pipeline

Gulf Keystone continues its ongoing discussions with the MNR regarding commercial and contractual conditions, in particular those around a regular and timely payment cycle, and long-term crude marketing arrangements. Subject to further clarity on these points, the Company looks forward to making further investments to maintain at least plateau production at nameplate capacity of 40,000 bopd, with a view to increasing to 55,000 bopd as soon as possible.

[withoutt] 23/2/2017 07:21

I wonder how much will go missing on that little journey. Lol.

[rjcdc] 23/2/2017 07:20

Must be bad if the mnr won't even risk mixing Shaikan oil into the blend. Is it the oil equivalent of horse meat?

There's a market for it on its own...

[nicebut] 23/2/2017 07:11

Oh dear...

[cutthecagain] 22/2/2017 23:09

Less than

Oh dear!

[nicebut] 22/2/2017 23:06

`Completing`.....so presumably somewhere in Kurdistan there is a completed errrrr ....front end?

Guess that`s bonus. Avatar will be impressed.

[nicebut] 22/2/2017 23:04

O-I,

It was placing money...From Sept 2011....For the pipeline that errrr Oh dear.....

Doesn`t exist. Strangely.

Edit:

Perhaps he`ll sue me!

[nicebut] 22/2/2017 23:03

Pretty amazing ramp that...When you aren`t even producing 20k BOPD...

"Completing the Front End Engineering and Design for the Company's pipeline capable of transporting a minimum of 440,000 barrels of oil per day ("bopd")"

I guess that`s why they spent it on BB, SA and errrrrrr then paid the KRG to hand them back.

[oil_investor] 22/2/2017 23:00

Oh dear.

Now "Nicebut" is alleging that Todd Kozel stole a great chunk of the Convertible Bonds money.

I'm not sure that's wise...

[nicebut] 22/2/2017 23:00

Ber Bahr

LOL...How much did that cost to hand back?

[oil_investor] 22/2/2017 22:59

Oh dear.

"Nicebut" has only given the first two bullet points.

There were five others lol

.......

Progressing the work on the Shaikan Field Development Plan by the dedicated development team

Completing the Front End Engineering and Design for the Company's pipeline capable of transporting a minimum of 440,000 barrels of oil per day (bopd) from the Shaikan field to the existing Kirkuk-Ceyhan export pipeline

Ordering of long lead items for the construction of the Company's dedicated pipeline, subject to necessary approvals

Upgrading the Shaikan Extended Well Test (EWT) facilities to increase existing production from Shaikan-1 & 3 to 20,000 bopd

Building additional testing and production facilities for Shaikan-2 & 4 capable of producing 20,000 bopd, following successful well tests at Shaikan-2 and in anticipation of positive results from Shaikan-4

Drilling of the second exploration well on the Sheikh Adi block

Acquisition of 3D seismic data over the Ber Bahr block where the first exploration well is due to spud in October 2011

[nicebut] 22/2/2017 22:54

Fully Subscribed US$ 200.00 million Placing
(Sept 2011)

Use of Proceeds

In line with the Company's forward strategy announced on 14 September 2011 and in order to increase the focus on the aggressive programme of exploration and appraisal of the Shaikan, Sheikh Adi and Ber Bahr blocks in the Kurdistan Region of Iraq, the net proceeds of the Placing will primarily be applied towards:

-- Progressing the work on the Shaikan Field Development Plan by the dedicated development team

-- Completing the Front End Engineering and Design for the Company's pipeline capable of transporting a minimum of 440,000 barrels of oil per day ("bopd") from the Shaikan field to the existing Kirkuk-Ceyhan export pipeline