We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gulf Keystone Petroleum Ltd | LSE:GKP | London | Ordinary Share | BMG4209G2077 | COM SHS USD1.00 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 0.38% | 133.70 | 132.90 | 133.60 | 136.40 | 132.90 | 133.70 | 538,664 | 16:35:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 123.51M | -11.5M | -0.0516 | -33.72 | 296.63M |
| Date | Subject | Author | Discuss |
|---|---|---|---|
| 09/7/2018 19:11 | 'I feel the need to respond' You jumped up arrogant git! | guypender | |
| 09/7/2018 18:42 | Here's the truth😂ԅ Oilman is a fat thick conman And these lads keep their gobs shut ( stay of the Maccy doos 😂😂) And buy all the shares - retail with brains should pile in after them MORGAN STANLEY CLIENT NOMINEES PLUS MORSTAN 35,889,965 15.64% GOLDMAN SACHS 29,577,909 12.89% BANK OF NEW York various nominees 20,876,843 9.10% CHASE NOMINEES - J P MORGAN 20,547,527 8.96% VIDACOS NOMINEES LTD 18,831,346 8.21% AURORA NOMINEES LTD 15,183,887 6.62% EURO CLEAR NOMINEES LTD 14,068,039 6.13% STATE STREET NOMINEES LTD 11,824,222 5.15% J P MORGAN SECURITIES LLC/PLC 7,379,293 3.22% NUTRACO NOMINEES LTD 5,709,404 2.49% INTERACTIVE INVESTOR SERVICES NOMINEES LTD 5,514,583 2.40% BNY VARIOUS NOMINEES BANK OF NEW YORK 5,311,352 2.32% HARGREAVES LANSDOWN NOMINEES LTD 5,164,078 2.25% BARCLAYS DIRECT INVESTING 3,279,623 1.43% HSDL NOMINEES LTD 2,589,670 1.13% NORTRUST NOMINEES LTD 2,347,939 1.02% LYNCHWOOD NOMINEES LTD 2,099,963 0.92% SECURITIES SERVICES SECURE NOMINEES LTD 1,916,705 0.84% PERSHING VARIOUS NOMINEES 1,902,000 0.83% DEUTSCHE BANK 1,419,993 0.62% WEALTH NOMINEES LTD 1,393,462 0.61% HSBC GLOBAL CUSTODY NOMINEE UK LTD 1,241,075 0.54% ROY NOMINEES LTD 1,089,000 0.47% ING BANK 1,084,816 0.47% HSBC CLIENT HOLDINGS UK LTD 977,087 0.43% LAW SHARE NOMINEES LTD 974,921 0.42% ROCK NOMINEES LTD 864,000 0.38% INTERACTIVE BROKERS LLC 736,968 0.32% KAS NOMINEES LTD 731,018 0.32% SHARE NOMINEES LTD 691,130 0.30% MERRIL LYNCH INTERNTIONAL 676,293 0.29% REDMAYNE NOMINEES 670,000 0.29% HANOVER NOMINEES LTD 641,125 0.28% ALLIANCE TRUST SAVINGS NOMINEES LIMITED 385,969 0.17% HARGREAVE HALE NOMINEES LTD 297,815 0.13% BBHISL NOMINEES LTD 296,155 0.13% JIM NOMINEES LTD 283,400 0.12% PUMA NOMINEES LTD 270,575 0.12% JAMES CAPEL NOMINEES LTD 264,168 0.12% HAREWOOD NOMINEES LTD 240,594 0.10% DB LONDON INVESTOR SERVICES NOMINEE LTD 200,000 0.09% UBS PRIVATE BANKING NOMINEES 179,726 0.08% IDEALING NOMINEES LTD 178,950 0.08% ABN AMRO NOMINEES LIMITED 162,790 0.07% CREDIT SUISSE 144,046 0.06% APOLLO NOMINEES LTD 121,208 0.05% Xxxxxx | therealminotaur | |
| 09/7/2018 18:41 | 🇺🇸&# An industry person said to me only yesterday “Running a company such as GKP really requires a schmoozer on the board. Jaap Huijskes doesn’t appear that type, his career has been operational. Who plays the schmoozer role?”. And of course the Number One rule with Oil and Gas is “never upset the host government such that the licence is put at risk”. There are certainly some rather odd people in the sector, but the O&G sector is not a typical industry. The role which was played by former GKP Chief Strategy Officer Nadhim Zahawi MP is unclear. In my opinion, the DNO “Offer” and the public manner in which it was handled by DNO and GKP was quite extraordinary. Some have suggested over the past couple of days that the $45 million incremental borrowing cap, which was placed upon GKP via the 2016-21 Notes and which had not been widely spotted, was designed to prevent the GKP board actually doing anything. Yes, Jon Ferrier said two years ago that he needed the Open Offer funds to address a hypothetical issue at Shaikan (“gassing-out& Some people allege that installing an ESP is a big job. But GKP used one at Shaikan-1 when restesting the Mus, as the following which was published on 11 August 2010 explicitly says: ......... Gulf Keystone Petroleum’s (LON:GKP) on-going testing of the Shaikan-1 discovery well continues to improve what is already a major oil discovery. In its re-testing of the Mus section of the Jurassic formation, the company has demonstrated a 10-fold increase in natural flow rates to 1,250bopd (barrels of oil per day). The company also highlighted that, by using a low-capacity electric submersible pump (ESP) the rates increased further to 2,250bopd. "This retest of the Mus formation demonstrates that even this very low GOR zone is capable of substantial natural flow production rates when properly configured,” Gulf Keystone COO John Gerstenlauer said. “In addition, it gives us further encouragement for future development, having demonstrated significantly increased production values even with a low capacity ESP." ......... So we see that even during the restesting programme, John Gerstenlauer successfully utilised a low-capacity ESP on just one of the Jurassic zones. Yet Jon Ferrier couldn’t install one single ESP in the three years that he has been the CEO? You show me someone who says it was too expensive or GKP didn’t know how to do it, and I’ll show you a liar. So where are we now? We have the Midsummer Night’s Dream - $222 million of cash as at 21 June 2018. Hundreds of millions of dollars due, going forward, to GKP for Cost Recovery etc. Endless buying of shares by funds. Strong EBITDA. Strong monthly cashflow. Regular payments for export from the MNR. The restrictive Notes with their associated incremental borrowing cap being torn up, and replaced by an industry-standard arrangement. Investor demand to fund GKP: “The bond placement received strong investor demand, both from existing and new investors across international markets and was oversubscribed” Should GKP be sold? In my opinion potentially “yes”, but only at a price which reflects the value of the asset. Which - as GKP have reminded us - isn’t currently 58% of Shaikan but actually 80%. The percentage is being negotiated. I find that interesting, because how could anyone make an offer for GKP when they don’t know the percentage? And GKP need to be able to demonstrate that “we do not have to sell. We can carry on as we are. But in business, everything is potentially for sale”. | therealminotaur | |
| 09/7/2018 17:34 | @oilman...thanks for the info...appreciated | andywg | |
| 09/7/2018 17:30 | Here's the truth Oilman is a fat thick conman And these lads keep their gobs shut ( stay of the Maccy doos 😂😂) And buy all the shares - retail with brains should pile in after them MORGAN STANLEY CLIENT NOMINEES PLUS MORSTAN 35,889,965 15.64% GOLDMAN SACHS 29,577,909 12.89% BANK OF NEW York various nominees 20,876,843 9.10% CHASE NOMINEES - J P MORGAN 20,547,527 8.96% VIDACOS NOMINEES LTD 18,831,346 8.21% AURORA NOMINEES LTD 15,183,887 6.62% EURO CLEAR NOMINEES LTD 14,068,039 6.13% STATE STREET NOMINEES LTD 11,824,222 5.15% J P MORGAN SECURITIES LLC/PLC 7,379,293 3.22% NUTRACO NOMINEES LTD 5,709,404 2.49% INTERACTIVE INVESTOR SERVICES NOMINEES LTD 5,514,583 2.40% BNY VARIOUS NOMINEES BANK OF NEW YORK 5,311,352 2.32% HARGREAVES LANSDOWN NOMINEES LTD 5,164,078 2.25% BARCLAYS DIRECT INVESTING 3,279,623 1.43% HSDL NOMINEES LTD 2,589,670 1.13% NORTRUST NOMINEES LTD 2,347,939 1.02% LYNCHWOOD NOMINEES LTD 2,099,963 0.92% SECURITIES SERVICES SECURE NOMINEES LTD 1,916,705 0.84% PERSHING VARIOUS NOMINEES 1,902,000 0.83% DEUTSCHE BANK 1,419,993 0.62% WEALTH NOMINEES LTD 1,393,462 0.61% HSBC GLOBAL CUSTODY NOMINEE UK LTD 1,241,075 0.54% ROY NOMINEES LTD 1,089,000 0.47% ING BANK 1,084,816 0.47% HSBC CLIENT HOLDINGS UK LTD 977,087 0.43% LAW SHARE NOMINEES LTD 974,921 0.42% ROCK NOMINEES LTD 864,000 0.38% INTERACTIVE BROKERS LLC 736,968 0.32% KAS NOMINEES LTD 731,018 0.32% SHARE NOMINEES LTD 691,130 0.30% MERRIL LYNCH INTERNTIONAL 676,293 0.29% REDMAYNE NOMINEES 670,000 0.29% HANOVER NOMINEES LTD 641,125 0.28% ALLIANCE TRUST SAVINGS NOMINEES LIMITED 385,969 0.17% HARGREAVE HALE NOMINEES LTD 297,815 0.13% BBHISL NOMINEES LTD 296,155 0.13% JIM NOMINEES LTD 283,400 0.12% PUMA NOMINEES LTD 270,575 0.12% JAMES CAPEL NOMINEES LTD 264,168 0.12% HAREWOOD NOMINEES LTD 240,594 0.10% DB LONDON INVESTOR SERVICES NOMINEE LTD 200,000 0.09% UBS PRIVATE BANKING NOMINEES 179,726 0.08% IDEALING NOMINEES LTD 178,950 0.08% ABN AMRO NOMINEES LIMITED 162,790 0.07% CREDIT SUISSE 144,046 0.06% APOLLO NOMINEES LTD 121,208 0.05% Xxxxxx | therealminotaur | |
| 09/7/2018 17:29 | 😂😂&# GOLDMAN SACHS 29,577,909 12.89% BANK OF NEW York various nominees 20,876,843 9.10% CHASE NOMINEES - J P MORGAN 20,547,527 8.96% VIDACOS NOMINEES LTD 18,831,346 8.21% AURORA NOMINEES LTD 15,183,887 6.62% EURO CLEAR NOMINEES LTD 14,068,039 6.13% STATE STREET NOMINEES LTD 11,824,222 5.15% J P MORGAN SECURITIES LLC/PLC 7,379,293 3.22% NUTRACO NOMINEES LTD 5,709,404 2.49% INTERACTIVE INVESTOR SERVICES NOMINEES LTD 5,514,583 2.40% BNY VARIOUS NOMINEES BANK OF NEW YORK 5,311,352 2.32% HARGREAVES LANSDOWN NOMINEES LTD 5,164,078 2.25% BARCLAYS DIRECT INVESTING 3,279,623 1.43% HSDL NOMINEES LTD 2,589,670 1.13% NORTRUST NOMINEES LTD 2,347,939 1.02% LYNCHWOOD NOMINEES LTD 2,099,963 0.92% SECURITIES SERVICES SECURE NOMINEES LTD 1,916,705 0.84% PERSHING VARIOUS NOMINEES 1,902,000 0.83% DEUTSCHE BANK 1,419,993 0.62% WEALTH NOMINEES LTD 1,393,462 0.61% HSBC GLOBAL CUSTODY NOMINEE UK LTD 1,241,075 0.54% ROY NOMINEES LTD 1,089,000 0.47% ING BANK 1,084,816 0.47% HSBC CLIENT HOLDINGS UK LTD 977,087 0.43% LAW SHARE NOMINEES LTD 974,921 0.42% ROCK NOMINEES LTD 864,000 0.38% INTERACTIVE BROKERS LLC 736,968 0.32% KAS NOMINEES LTD 731,018 0.32% SHARE NOMINEES LTD 691,130 0.30% MERRIL LYNCH INTERNTIONAL 676,293 0.29% REDMAYNE NOMINEES 670,000 0.29% HANOVER NOMINEES LTD 641,125 0.28% ALLIANCE TRUST SAVINGS NOMINEES LIMITED 385,969 0.17% HARGREAVE HALE NOMINEES LTD 297,815 0.13% BBHISL NOMINEES LTD 296,155 0.13% JIM NOMINEES LTD 283,400 0.12% PUMA NOMINEES LTD 270,575 0.12% JAMES CAPEL NOMINEES LTD 264,168 0.12% HAREWOOD NOMINEES LTD 240,594 0.10% DB LONDON INVESTOR SERVICES NOMINEE LTD 200,000 0.09% UBS PRIVATE BANKING NOMINEES 179,726 0.08% IDEALING NOMINEES LTD 178,950 0.08% ABN AMRO NOMINEES LIMITED 162,790 0.07% CREDIT SUISSE 144,046 0.06% APOLLO NOMINEES LTD 121,208 0.05% | therealminotaur | |
| 09/7/2018 17:19 | therealminotaur #568061 GKP is 95% owned by US investment banks and institutional funds. => hence all the 'Shenanigans', i couldn't agree with you more TRM | s0rayad | |
| 09/7/2018 17:19 | Here's the truth Oilman is a fat thick conman And these lads keep their gobs shut ( stay of the Maccy doos 😂😂) And buy all the shares - retail with brains should pile in after them MORGAN STANLEY CLIENT NOMINEES PLUS MORSTAN 35,889,965 15.64% GOLDMAN SACHS 29,577,909 12.89% BANK OF NEW York various nominees 20,876,843 9.10% CHASE NOMINEES - J P MORGAN 20,547,527 8.96% VIDACOS NOMINEES LTD 18,831,346 8.21% AURORA NOMINEES LTD 15,183,887 6.62% EURO CLEAR NOMINEES LTD 14,068,039 6.13% STATE STREET NOMINEES LTD 11,824,222 5.15% J P MORGAN SECURITIES LLC/PLC 7,379,293 3.22% NUTRACO NOMINEES LTD 5,709,404 2.49% INTERACTIVE INVESTOR SERVICES NOMINEES LTD 5,514,583 2.40% BNY VARIOUS NOMINEES BANK OF NEW YORK 5,311,352 2.32% HARGREAVES LANSDOWN NOMINEES LTD 5,164,078 2.25% BARCLAYS DIRECT INVESTING 3,279,623 1.43% HSDL NOMINEES LTD 2,589,670 1.13% NORTRUST NOMINEES LTD 2,347,939 1.02% LYNCHWOOD NOMINEES LTD 2,099,963 0.92% SECURITIES SERVICES SECURE NOMINEES LTD 1,916,705 0.84% PERSHING VARIOUS NOMINEES 1,902,000 0.83% DEUTSCHE BANK 1,419,993 0.62% WEALTH NOMINEES LTD 1,393,462 0.61% HSBC GLOBAL CUSTODY NOMINEE UK LTD 1,241,075 0.54% ROY NOMINEES LTD 1,089,000 0.47% ING BANK 1,084,816 0.47% HSBC CLIENT HOLDINGS UK LTD 977,087 0.43% LAW SHARE NOMINEES LTD 974,921 0.42% ROCK NOMINEES LTD 864,000 0.38% INTERACTIVE BROKERS LLC 736,968 0.32% KAS NOMINEES LTD 731,018 0.32% SHARE NOMINEES LTD 691,130 0.30% MERRIL LYNCH INTERNTIONAL 676,293 0.29% REDMAYNE NOMINEES 670,000 0.29% HANOVER NOMINEES LTD 641,125 0.28% ALLIANCE TRUST SAVINGS NOMINEES LIMITED 385,969 0.17% HARGREAVE HALE NOMINEES LTD 297,815 0.13% BBHISL NOMINEES LTD 296,155 0.13% JIM NOMINEES LTD 283,400 0.12% PUMA NOMINEES LTD 270,575 0.12% JAMES CAPEL NOMINEES LTD 264,168 0.12% HAREWOOD NOMINEES LTD 240,594 0.10% DB LONDON INVESTOR SERVICES NOMINEE LTD 200,000 0.09% UBS PRIVATE BANKING NOMINEES 179,726 0.08% IDEALING NOMINEES LTD 178,950 0.08% ABN AMRO NOMINEES LIMITED 162,790 0.07% CREDIT SUISSE 144,046 0.06% APOLLO NOMINEES LTD 121,208 0.05% | therealminotaur | |
| 09/7/2018 17:04 | Pinks 2.55 | therealminotaur | |
| 09/7/2018 17:02 | Couldn't agree more why the following post isn't in the 'top post' list more shenanigans? oil_investor8 Jul '18 - 09:11 - 567990 of 568068 0 26 1 therealminotaur: it is difficult or impossible to get full value for an asset or a company if it is perceived as a distressed asset sale or “fire sale”. In a competitive auction situation it might not make much difference, because the potential purchasers are fighting with each other to acquire the asset. But Oil and Gas deals are seldom done on that basis, and are instead almost always very slow negotiated sales which can take two years to complete. Even an apparently simple farm-out is a slow process, due diligence being just one essential task. And where a change of operatorship is involved, the approval of the government which issued the licence is required. In theory, such approval can in some cases be required for the sale of even one share, though this doesn’t happen. There are (low-profile) specialists who focus on this change-of-ownership angle, not surprisingly because major oilfields are strategic assets and companies seek expert advice. There has unsurprisingly been a trend towards increasing government involvement. An industry person said to me only yesterday “Running a company such as GKP really requires a schmoozer on the board. Jaap Huijskes doesn’t appear that type, his career has been operational. Who plays the schmoozer role?”. And of course the Number One rule with Oil and Gas is “never upset the host government such that the licence is put at risk”. There are certainly some rather odd people in the sector, but the O&G sector is not a typical industry. The role which was played by former GKP Chief Strategy Officer Nadhim Zahawi MP is unclear. In my opinion, the DNO “Offer” and the public manner in which it was handled by DNO and GKP was quite extraordinary. Some have suggested over the past couple of days that the $45 million incremental borrowing cap, which was placed upon GKP via the 2016-21 Notes and which had not been widely spotted, was designed to prevent the GKP board actually doing anything. Yes, Jon Ferrier said two years ago that he needed the Open Offer funds to address a hypothetical issue at Shaikan (“gassing-out& Some people allege that installing an ESP is a big job. But GKP used one at Shaikan-1 when restesting the Mus, as the following which was published on 11 August 2010 explicitly says: ......... Gulf Keystone Petroleum’s (LON:GKP) on-going testing of the Shaikan-1 discovery well continues to improve what is already a major oil discovery. In its re-testing of the Mus section of the Jurassic formation, the company has demonstrated a 10-fold increase in natural flow rates to 1,250bopd (barrels of oil per day). The company also highlighted that, by using a low-capacity electric submersible pump (ESP) the rates increased further to 2,250bopd. "This retest of the Mus formation demonstrates that even this very low GOR zone is capable of substantial natural flow production rates when properly configured,” Gulf Keystone COO John Gerstenlauer said. “In addition, it gives us further encouragement for future development, having demonstrated significantly increased production values even with a low capacity ESP." ......... So we see that even during the restesting programme, John Gerstenlauer successfully utilised a low-capacity ESP on just one of the Jurassic zones. Yet Jon Ferrier couldn’t install one single ESP in the three years that he has been the CEO? You show me someone who says it was too expensive or GKP didn’t know how to do it, and I’ll show you a liar. So where are we now? We have the Midsummer Night’s Dream - $222 million of cash as at 21 June 2018. Hundreds of millions of dollars due, going forward, to GKP for Cost Recovery etc. Endless buying of shares by funds. Strong EBITDA. Strong monthly cashflow. Regular payments for export from the MNR. The restrictive Notes with their associated incremental borrowing cap being torn up, and replaced by an industry-standard arrangement. Investor demand to fund GKP: “The bond placement received strong investor demand, both from existing and new investors across international markets and was oversubscribed” Should GKP be sold? In my opinion potentially “yes”, but only at a price which reflects the value of the asset. Which - as GKP have reminded us - isn’t currently 58% of Shaikan but actually 80%. The percentage is being negotiated. I find that interesting, because how could anyone make an offer for GKP when they don’t know the percentage? And GKP need to be able to demonstrate that “we do not have to sell. We can carry on as we are. But in business, everything is potentially for sale”. I am content to sit back and see what happens. | therealminotaur | |
| 09/7/2018 16:37 | Good afternoon 😃 I feel the need to respond to some of the over bullish and just plain misleading posts recently. What I say may or May not of been in an RNS so there is a good chance certain posters on here won't know about it but I sure it can be asked at the AGM. Information can be found on the internet. Nobody can dispute that the pressure on Shaikan is dropping other wise they wouldn't need pumps. This causes two problems one the gas cap drops and the aquifer can rise. It is my understanding that some of GKPs wells are very close to gassing out and workover is not an option (not sure as to why yet) This could cause further production problems. I can't say anymore just yet but feel to ask the BoD at the AGM. Fluid problems. Gkp have been experiencing drilling fluids problems for well over a year and one of the reasons that production is so low. Remember that the PF units can't handle water so they need to bring in water handling facilities which are readily available at a price. What do you do with all of that chemical based water ??? There is lots of it and a problem. Due to the fluids the wells have been choked back and I haven't yet seen a report to definitely say it is actually drilling fluids. Now some here really like to discuss fractures 🙄 Well they certainly have a lot of this fluid in them. Pumps One of the reasons that it has taken so long on getting an agreement to fit them is to my understanding is that the mnr and MOL have been concerned that they could actually suck the water up into the fractures and MOL only wanted to fit one pump to test Shaikans suitability for pumps. Unlike what oil investor says on here the pumps aren't available down the local Walmart and have to be tailored to each individual well and fitted by the company providing them. Triassic drilling It's very convenient that certain people here want to forget the problems the company experienced at SH7 and the cost of that failure. Who drilled it again ??? WeatherFord. Would oil investor like to remind us of the cost of that Triassic failure ??? That's just reminded me why the workover is not an option 😃 Drill sting to narrow. On my iPhone so that's enough for now 😃 More later. | oilman63 | |
| 09/7/2018 16:21 | why the following post isn't in the 'top post' list more shenanigans? oil_investor8 Jul '18 - 09:11 - 567990 of 568068 0 26 1 therealminotaur: it is difficult or impossible to get full value for an asset or a company if it is perceived as a distressed asset sale or “fire sale”. In a competitive auction situation it might not make much difference, because the potential purchasers are fighting with each other to acquire the asset. But Oil and Gas deals are seldom done on that basis, and are instead almost always very slow negotiated sales which can take two years to complete. Even an apparently simple farm-out is a slow process, due diligence being just one essential task. And where a change of operatorship is involved, the approval of the government which issued the licence is required. In theory, such approval can in some cases be required for the sale of even one share, though this doesn’t happen. There are (low-profile) specialists who focus on this change-of-ownership angle, not surprisingly because major oilfields are strategic assets and companies seek expert advice. There has unsurprisingly been a trend towards increasing government involvement. An industry person said to me only yesterday “Running a company such as GKP really requires a schmoozer on the board. Jaap Huijskes doesn’t appear that type, his career has been operational. Who plays the schmoozer role?”. And of course the Number One rule with Oil and Gas is “never upset the host government such that the licence is put at risk”. There are certainly some rather odd people in the sector, but the O&G sector is not a typical industry. The role which was played by former GKP Chief Strategy Officer Nadhim Zahawi MP is unclear. In my opinion, the DNO “Offer” and the public manner in which it was handled by DNO and GKP was quite extraordinary. Some have suggested over the past couple of days that the $45 million incremental borrowing cap, which was placed upon GKP via the 2016-21 Notes and which had not been widely spotted, was designed to prevent the GKP board actually doing anything. Yes, Jon Ferrier said two years ago that he needed the Open Offer funds to address a hypothetical issue at Shaikan (“gassing-out& Some people allege that installing an ESP is a big job. But GKP used one at Shaikan-1 when restesting the Mus, as the following which was published on 11 August 2010 explicitly says: ......... Gulf Keystone Petroleum’s (LON:GKP) on-going testing of the Shaikan-1 discovery well continues to improve what is already a major oil discovery. In its re-testing of the Mus section of the Jurassic formation, the company has demonstrated a 10-fold increase in natural flow rates to 1,250bopd (barrels of oil per day). The company also highlighted that, by using a low-capacity electric submersible pump (ESP) the rates increased further to 2,250bopd. "This retest of the Mus formation demonstrates that even this very low GOR zone is capable of substantial natural flow production rates when properly configured,” Gulf Keystone COO John Gerstenlauer said. “In addition, it gives us further encouragement for future development, having demonstrated significantly increased production values even with a low capacity ESP." ......... So we see that even during the restesting programme, John Gerstenlauer successfully utilised a low-capacity ESP on just one of the Jurassic zones. Yet Jon Ferrier couldn’t install one single ESP in the three years that he has been the CEO? You show me someone who says it was too expensive or GKP didn’t know how to do it, and I’ll show you a liar. So where are we now? We have the Midsummer Night’s Dream - $222 million of cash as at 21 June 2018. Hundreds of millions of dollars due, going forward, to GKP for Cost Recovery etc. Endless buying of shares by funds. Strong EBITDA. Strong monthly cashflow. Regular payments for export from the MNR. The restrictive Notes with their associated incremental borrowing cap being torn up, and replaced by an industry-standard arrangement. Investor demand to fund GKP: “The bond placement received strong investor demand, both from existing and new investors across international markets and was oversubscribed” Should GKP be sold? In my opinion potentially “yes”, but only at a price which reflects the value of the asset. Which - as GKP have reminded us - isn’t currently 58% of Shaikan but actually 80%. The percentage is being negotiated. I find that interesting, because how could anyone make an offer for GKP when they don’t know the percentage? And GKP need to be able to demonstrate that “we do not have to sell. We can carry on as we are. But in business, everything is potentially for sale”. I am content to sit back and see what happens. | s0rayad | |
| 09/7/2018 13:42 | MORGAN STANLEY CLIENT NOMINEES PLUS MORSTAN 35,889,965 15.64% GOLDMAN SACHS 29,577,909 12.89% BANK OF NEW York various nominees 20,876,843 9.10% CHASE NOMINEES - J P MORGAN 20,547,527 8.96% VIDACOS NOMINEES LTD 18,831,346 8.21% AURORA NOMINEES LTD 15,183,887 6.62% EURO CLEAR NOMINEES LTD 14,068,039 6.13% STATE STREET NOMINEES LTD 11,824,222 5.15% J P MORGAN SECURITIES LLC/PLC 7,379,293 3.22% NUTRACO NOMINEES LTD 5,709,404 2.49% INTERACTIVE INVESTOR SERVICES NOMINEES LTD 5,514,583 2.40% BNY VARIOUS NOMINEES BANK OF NEW YORK 5,311,352 2.32% HARGREAVES LANSDOWN NOMINEES LTD 5,164,078 2.25% BARCLAYS DIRECT INVESTING 3,279,623 1.43% HSDL NOMINEES LTD 2,589,670 1.13% NORTRUST NOMINEES LTD 2,347,939 1.02% LYNCHWOOD NOMINEES LTD 2,099,963 0.92% SECURITIES SERVICES SECURE NOMINEES LTD 1,916,705 0.84% PERSHING VARIOUS NOMINEES 1,902,000 0.83% DEUTSCHE BANK 1,419,993 0.62% WEALTH NOMINEES LTD 1,393,462 0.61% HSBC GLOBAL CUSTODY NOMINEE UK LTD 1,241,075 0.54% ROY NOMINEES LTD 1,089,000 0.47% ING BANK 1,084,816 0.47% HSBC CLIENT HOLDINGS UK LTD 977,087 0.43% LAW SHARE NOMINEES LTD 974,921 0.42% ROCK NOMINEES LTD 864,000 0.38% INTERACTIVE BROKERS LLC 736,968 0.32% KAS NOMINEES LTD 731,018 0.32% SHARE NOMINEES LTD 691,130 0.30% MERRIL LYNCH INTERNTIONAL 676,293 0.29% REDMAYNE NOMINEES 670,000 0.29% HANOVER NOMINEES LTD 641,125 0.28% ALLIANCE TRUST SAVINGS NOMINEES LIMITED 385,969 0.17% HARGREAVE HALE NOMINEES LTD 297,815 0.13% BBHISL NOMINEES LTD 296,155 0.13% JIM NOMINEES LTD 283,400 0.12% PUMA NOMINEES LTD 270,575 0.12% JAMES CAPEL NOMINEES LTD 264,168 0.12% HAREWOOD NOMINEES LTD 240,594 0.10% DB LONDON INVESTOR SERVICES NOMINEE LTD 200,000 0.09% UBS PRIVATE BANKING NOMINEES 179,726 0.08% IDEALING NOMINEES LTD 178,950 0.08% ABN AMRO NOMINEES LIMITED 162,790 0.07% CREDIT SUISSE 144,046 0.06% APOLLO NOMINEES LTD 121,208 0.05% | therealminotaur | |
| 09/7/2018 13:02 | yes please I'd like a copy thank you | howard smith | |
| 09/7/2018 11:56 | Anybody want a copy of the CURRENT share register?????It shows GKP is 95% owned by US investment banks and institutional funds.GOLDMAN SACHS MORGAN STANLEY J P MORGAM BANK OF NY MELLON BLACK ROCK FUND MANAGERS CAPITAL RESEARCH AND MANAGEMENT etcetera 🍾🍾&# 🚀🚀&# | therealminotaur |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
