Gulf Keystone Petroleum Share Discussion Threads

[nickmann] 29/6/2018 16:57

can someone please give me their price predictions of next 12 months.

[nickmann] 29/6/2018 16:56

years ago there were rumours of the chinese bidding for these.

[frenchybannedme] 29/6/2018 16:55

Every one's a fluffy one.

[bigdog5] 29/6/2018 16:55

"The current CPR gives an NPV estimate (0%) on GKP’s 2P Reserves of $3.067 billion".

NPV 0% LOFL.

Btw, the company don't drill to the Cretaceous because its like Tar or the Triassic because it's both risky and expensive and it might eat the drill.

Been having a mull and could it be that installing pumps might not fix the problems they obviously have. If so that would mean several work overs or failing that new wells. Additional to the ones I said they would require to reach 55k when other posters were stating they could get there with just ESP's. Another correct prediction of mine:-)

[nickmann] 29/6/2018 16:51

to all experts here.
am looking for £10 a share in 12 months here what are the chances of that happening here.

this does seem to be on a run.

at £10 it will have a market cap of £2 billion is that possible?

[bigdog5] 29/6/2018 16:42

And into room 101 goes Burami to join the other clueless worthless idiots.

[oil_investor] 29/6/2018 16:42

Buraimi: is a “Buraimi poster” suitable for framing? I’m rather partial to old Soviet posters, and also to psychedelic posters from the late Sixties.

[oil_investor] 29/6/2018 16:38

BubblingUp: thanks. Let’s see how we go.

[bubblingup] 29/6/2018 16:34

Thanks Oil-Investor. I have committed £14 to my failing memory and believe I can make a fair profit with that. Won't say no to more though!

[bigdog5] 29/6/2018 16:23

And just who could this Buraimi poster be who has turned up today, Lol

[oil_investor] 29/6/2018 16:19

Buraimi: the Midsummer Night’s Dream $222 million of cash, the imminent direct flow of Shaikan crude from PF-2 into the Atrush Feeder Pipeline, and so on, aren’t very mysterious are they! More of a mystery is why non-shareholders spend their lives on here...

[oil_investor] 29/6/2018 16:10

BubblingUp: you’ve got me at the right time, because I’ve been taking a break from property-hunting near the Carpathians in order to study the shareholder register, which is right in front of me! It’s very easy to draw false comparisons with 2012.

If we start from the market value of GKP as given in the 19 February 2012 Mark Leftly article, when the price that Friday was 411p rather than the intra-day spike which you reference, it was £3.5 billion. Based upon the current number of shares in issue, that 2012 market capitalisation equates to about £14 a share today. Some people would have one believe that the figure is £465 per share, being the intra-day peak of £4.65 multiplied by the Consolidation factor, but imo that’s far too simplistic.

The current CPR gives an NPV estimate (0%) on GKP’s 2P Reserves of $3.067 billion. But that is based upon a diluted 58% interest, and GKP have just reminded the market that the current GKP interest is actually 80%. An “interesting” thing to have done. It also excludes the 2C Contingent Resources (2P by another name in this context, in my personal opinion) and also the substantial “Jon Ferrier Triassic Condensate Correction”. It is also based upon a 2018 oil price baseline of $63 per barrel and higher production costs than those of today.

All to play for.

[bubblingup] 29/6/2018 15:44

Oil-Investor, I'm sure you have covered this ground more than once already, but could you please humour me just one more time? - (I'll write it down this time!)What does the now infamous original £4.60 approx share price equate to as a current SP, after the confetti waterfall of DforE dilution, the Open Offer, the 100:1 Consolidation etc?Cheers,BU

[gkphero] 29/6/2018 15:36

I'm feeling Supersonic,
Give me Gin and Tonic

[gkphero] 29/6/2018 15:25

Ben needs a shag.

Bigdog is waiting by the toilets.