Gulf Keystone Petroleum Share Discussion Threads

[willoicc] 23/2/2017 10:35

£6 a share would be less than £1.4 billion.

A very poor price considering what has already been spent, what has already been proven and with huge potential.

Oil price has improved quite a bit and with any luck IS will be off the scene quite soon.

[tess_tickle] 23/2/2017 10:35

Financially and commercially neutral = The KRG will stand the extra cost or pocket the premium. Take your pick.




"This new export route arrangement confirms there is a market for Shaikan crude as a standalone product while also ensuring Gulf Keystone, and our partner MOL, remain financially and commercially neutral under this arrangement,” said chief executive Jón Ferrier.

[gkphero] 23/2/2017 10:32

Yes indeed, good luck to all who still hold shares in GKP.

[oilman63] 23/2/2017 10:11

👮🏻

[nestoframpers] 23/2/2017 10:01

Never heard them but seen a pic , do you keep the sound down ?

Looks like trucking panicked a few to sell ! LOl it's good news I guess,means heavy crude prices are higher IMO ,that's why 15 mil stays as is .

[lifeson] 23/2/2017 09:57

Yoda Cusick?

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Oilman63 23 Feb '17 - 09:06 - 534671 of 534679 1 1

Jon a bad salesman is he ???

[gkphero] 23/2/2017 09:53

Any Little Mix fans on here?

[milliecusto] 23/2/2017 09:50

O/t gents keep on a zen oil play 14m mkt cap..zengas has some good comentary over there

[fake taxi] 23/2/2017 09:40

Really ??? Wall St Journal. Or an attempt to give some cobbled together old news credibility?




oil_investor23 Feb '17 - 09:11 - 534673 of 534676 4 3


As was made clear in the Wall Street Journal article yesterday.

[sharesiq88] 23/2/2017 09:28

Oh dear Bob, remind us again, what happened with the good minister's former wife?

Wasn't she discovered absconding with several mill in her sky rocket?

I daresay ministerial salaries in the krg must pay several times more than being the prime minister of the UK or President of the US for instance?

[sharesiq88] 23/2/2017 09:17

GKP Zero: As I posted recently, the share price is at 1.25p.

[oil_investor] 23/2/2017 09:11

GKPhero: as I posted recently, heavy oil is currently in good demand because a number of refineries require it.

With the $15 million a month payment arrangement continuing for Shaikan production ($12 million net to GKP), two such payments having been made recently, over $100 million cash-at-bank with no net debt, positive cash flow and an easy route to 55,000 bopd via limited subsurface work and the installation of a surface module, GKP is surely playing a waiting game?!

As was made clear in the Wall Street Journal article yesterday.

[tess_tickle] 23/2/2017 09:07

Two offers from DNO

The second one lower than the first one

( avalanche )

Norwaysâ„;¢s DNO has stated that its July 2016 proposal to acquire Gulf Keystone Petroleum (GKP) has expired, as certain conditions to the recent financial restructuring set by Gulf Keystone itself appear not to have been met.

In a statement, the company said:

Given the resulting uncertainties about Gulf Keystone asset, commercial oulook and future rights and obligations at the Shaikan field, and following a careful review of Gulf Keystone latest reserves report, DNO is prepared to consider an all cash transaction but at a meaningful discount to the previous $ 300 million equivalent cash-and-shares offer.

(Source: DNO)

hxxp://www.iraq-businessnews.com/2016/11/10/dno-considers-revised-offer-for-gkp/

[oilman63] 23/2/2017 09:06

👮🏻

[gkphero] 23/2/2017 09:03

The revelation was brought to you by GKP holders ltd.

[gkphero] 23/2/2017 09:00

In years gone by, the gene pool was cleared out of mutants by having a world war.

Marching off to war was always a test of the survival of the fittest model which nature uses to cut down on bad genetics.

The NHS is overwhelmed because we have too many sick human animals these days.
This is because they have poor genetics.

[gkphero] 23/2/2017 08:57

£5-£6 would be a good first offer, Fanny.

Counter offers should see at least £10 per share imo.

£25 per share is the goal of all holders these days.

[gkphero] 23/2/2017 08:49

Don't thank me for these revelations.

I give freely of my humour.

[lardner23] 23/2/2017 08:46

Perhaps we have a 2+2=3.5 effect going on, with Shaikan in the Ceyhan pipeline; in other words, a better price is achievable without it. Just a mull.

Meanwhile, as someone else posted, there is a better opportunity for more of the truckloads to be quietly diverted into the Swiss pension accounts of the crooks in Erbil.

Morning Nick. No, don't worry; Jon already has me on his plate, according to the curate, so no action required :))) It's ok, I'm not taking his calls at the moment.