Gulf Keystone Petroleum Share Discussion Threads

[therealminotaur] 18/6/2018 08:50

Yes Howard your description of Tony is apposite

[therealminotaur] 18/6/2018 08:49

Indeed

With 2018 EBITDA at $160m there is no way anybody would sell 23,000,000 fir exactly $60m

And definitely not by accelerated book

Overnight

That was a pre agreed transfer

Who were Taconicholding them for?

To whom???


Many possibilities

[howard smith] 18/6/2018 08:35

well whoever bought the 10% of company at £1.95 obviously doesn't think there is much wrong!

[oilman63] 18/6/2018 08:30

Good Morning 😃

I see that our next door neighbour Shamaran is capable of raising production to 24k now and upto 30k in July.

Shame we can't increase our production.

Anyone would think there is something wrong.

[therealminotaur] 18/6/2018 07:33

Good Morning 😎😎😎😎8526;


New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.

SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,530 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.


He's the biggest BUY SIGNAL FOR GKP EVER. FILL YER BOOTS

[rodinswan2] 17/6/2018 23:58

Frenchy - they will never filter their uber arch enemy, he's far too dangerous for them to filter. I find it amusing that they think anyone positive who posts here is TRM in disguise. Those who make assumptions make mistakes.

Titter.

[frenchybannedme] 17/6/2018 22:18

Well, now your arch enemy has been filtred, what are you all going to do now?


Hoisted by your own petard perhaps?



Arf.

[oilman63] 17/6/2018 21:54

I can only read 2 posts and 7 lines of nothing.

So when do people think the new FDP will get announced ???

[therealminotaur] 17/6/2018 21:06

😂😂😂😂8514;😂ԅ14;😂😂;🇺🇸🇺🇸
27482;🇸482;🇸㇌2;🇸🇺🇸🇺🇸🇺7480;🐶Ԁ54;🐶🐶;The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,524 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.

FILL YER BOOTS 👢👢

[therealminotaur] 17/6/2018 21:06

The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,524 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.

FILL YER BOOTS 👢👢🇺🇸7482;🇸Ӻ82;🇸🇺;🇸🇺🇸🇺
27480;💋€139;💋㈍9;💋💋

[therealminotaur] 17/6/2018 21:05

The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,524 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.

FILL YER BOOTS 👢👢🐶🐶8054;🐶ԅ14;😂😂;

[bigdog5] 17/6/2018 21:05

OM63, yup agreed, he's filtered.

[therealminotaur] 17/6/2018 21:02

The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,525 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.
All the best💋㈍9;💋

[therealminotaur] 17/6/2018 21:02

Tony get some psyche help
Please.

[oilman63] 17/6/2018 20:59

😱 3 lines of nothing 🙈🙈🙈

[therealminotaur] 17/6/2018 20:49

💰💰💰💰8176;The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,525 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.
All the best

[therealminotaur] 17/6/2018 20:47

The company says that it has been in negotiations regards contract terms.For more than 2 years!
However they use CPR valuation materials in presentations to Pareto conference audience ( that subject to the outcome agreed with the MNR in heads of terms in March 2016 !!!) that are implying this agreement already being in place. CPR based on 58% wi et cetera.

This plus the longevity of ongoing discussions plus the appointment of Jaap Huijskes, plus the long and inexplicable delay in boosting production to minimum 55k ( with a net cost of say only just $70-80m) makes me believe that they the negotiations are on the bigger picture.

So if they are negotiating a farm in or takeover what are the potential numbers?

On an earnings basis if they do nothing regards CapEx/growth this year ,just keep producing ,by year end the EBITDA will be near enough $160m.
Cash will be about $325-350m debt $100m and if the share price was £2 then the EV/EBITDA ratio will
be 2.5!!!Tiny!

The share price would have to rise to £10-12 to put this company into the average ev/EBITDA ratio to its peers.

I think this is the minimum any trade sale would need to be.

On a reserves basis given the base production infrastructure already in place , and the prospect of further reserve upside then using the existing CPR and not using Dcf as the asset lifetime is several decades then minimum £14-15.

So the directors advised they had a fiduciary duty to consider approaches last September,and as it’s inconceivable that almost any serious oil producer in the world would not be interested ( near the lowest lift costs/barrel in the world) I expect it’s likely that some deal is afoot.

However just running the numbers means if they don’t sell short term very soon they will be paying large dividends. So about as compelling investment case as is possible in my view.
💰💰💰💰

=======
New fund buyer Acadian Global Equity SR1 added 76,000 last week
Top 20 fund holders added over 273,000 last week their holding increased last week to over 5.7 million

The con artists working all the blogs constantly are paid to erode holders faith and discourage new retail buyingThis "technique" enables the big funds and institutions to mop up retail sells of a few hundred or a few thousand - and build large stakes as cheaply as possible.When the company is sold which is inevitable and imminent THE FUNDS will make a fortune - and the readers here who sell up will have been royally stiffed.
SO HOLD WHAT YOU HAVE AND BUY AS MANY MORE AS POSSIBLE.
The best and biggest example is the thick yank..here ..posting as BIGDOG
21,525 posts from the American "BS" "go figure" "sucker"
"New York eastern time hours". CON DOG!!!
HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

His constant presence is the biggest BUY SIGNAL FOR GKP EVER.
All the best

[oilman63] 17/6/2018 20:40

BigDog

All that I see is his name and post number.

So just one line 3 or 4 times and that's easily scrolled past.

It's bad enough doing it with one avatar but this idiot has many.

Just think how much time the fool spends being a self appointed blog Police man 😂😂😂