Gulf Keystone Petroleum Share Discussion Threads

[habshan] 09/12/2018 13:48

You're welcome Nest.

I hope all is well down in your neck of the woods.

[nestoframpers] 09/12/2018 13:27

Thanks Habshan

[habshan] 09/12/2018 12:26

Exxon Exits Kurdistan Block

Wednesday, May 16, 2018

Summary
Exxon Mobil has finally relinquished its Al-Qosh license in Iraqi Kurdistan, leaving it with stakes in just two PSCs of the six it originally signed.

If you have a subscription to Oil Daily you can read the full article here.

hxxp://www.energyintel.com/pages/articlesummary/998869/exxon-exits-kurdistan-block

[nestoframpers] 09/12/2018 12:11

Where is the evidence Al Qush was relinquished Bravedog ? who in their right mind would hand back a block that has 4 miles of the Shakian sticking into it ?

bravedog - 08 Dec 2018 - 18:53:34 - 575931 of 575945 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
What is interesting is that Al Qush was released in October 2017, after the referendum.

Around the same time, GKP issued an RNS where they said they had a fiduciary duty for the shareholders.

Zahawi did cost money but was giving the bod instructions from the main shareholders. It is possible that the decision not to increase production was taken to get a better understanding of the reservoir.

One thing is missing before the sale of the company: a successful test of the Permian. The Kurds canâ€482;t sell this asset for free. Perhaps the well they drilled is also targeting the Permian.

If the Chinese buy it, the Kurds will be screwed: Chinese or Russian meetering stations will be installed and will certainly not reflect the true volume pumped.

[wisky55] 09/12/2018 11:31

Theres another one lol...

Lesson 1: Remember, DERAMPERS NEVER DERAMP A BAD SHARE. Watch the board for shares with no potential. They never have any derampers. Derampers only go after shares that are going upwards or have excellent potential to go up. Derampers get left behind, so they want to bring the price down to be able to get in at a great price. Lesson 2: DERAMPERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The deramper will post this over and over again. The stupid deramper will try to make the old news a bit fresher to try to fool you. Lesson 3: DERAMPERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won’t deramp. They try to control the board. True longs may have to address the derampers or they will appear to the newbies as being the people with all the information. Lesson 4: DERAMPERS WILL LIE TO YOUR FACE. Never trust a deramper. The truth on startup companies is that many mistakes are made and losses happen. The deramper will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE DERAMPERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast. Lesson 5: The derampers know YOU CAN’T VERIFY THEIR STATEMENTS. That’s why they make the statements they do. Lesson 6: The derampers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn’t know the difference (unless you have done your assessment of the company and know the truth and facts). Lesson 7: Derampers play on your lack of patience. YOU have held a share for a while. You knew it will be a big share someday, but the DERAMPER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That’s when the deramper is best. You are tired. You have forgotten the goal for the share was to hold it for one year. The deramper is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a deramper as well. THE DERAMPER HAS WON, AND GAINED A NEW PARTNER, TOO. Lesson 8: BRING THE PRICE DOWN. That is the deramper’s job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out. Lesson 9: DERAMPERS WILL TRY TO GREAT DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER SHAREHOLDERS. A typical trick of an advanced deramper is to propose that there is a potential “problem”;; because “we” don’t have the facts on a particular subject. The deramper dares someone in the on package but DON’T GET INTO A CONVERSATION WITH THE DERAMPER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON’T CONVERSE WITH THE DERAMPER; ANSWER INDIRECTLY; DON’T USE THE DERAMPERS NAME; DON’T GET INTO A PERSONALITY CONTEST.

[kiltless highlander] 09/12/2018 11:19

IF GKP is such a 'sure thing', why have all these people taken their profits and done a runner, while the PI's are left holding the bag? :

Kozel family
Gerstenlauer
The Gurus
The appointed Board members up until todays

21 Blnbbls OIP and 18 Blnbbls OIP has resulted in 360 MlnBls reserves, and many wells on the edge showing massive amounts of water, it was so grossly exaggerated.

Currently UNDER 2p in old money terms, before the never to happen dilution......

[officerdigby] 09/12/2018 09:59

If GKPs heavy oil is going to processed as heavy oil then it needs to be kept separate from the main pipe line otherwise it’s just blended in as it is at the moment right?

So as of now a buyer can’t get GKP oil unmixed unless they revert to trucking or wait till the magical heavy oil pipe is ready?

Isn’t that right?

[kiltless highlander] 09/12/2018 09:25

Precisely nestoframpers,

and WHERE is your John Gerstenlauer now?

Clue, him and Kozel are living 'the dream', paid for by gullible investors here......



nestoframpers8 Dec '18 - 16:48 - 575923 of 575937
0 9 0
" 13 bill blls of movable oil " JG.

[nestoframpers] 08/12/2018 20:23

BD in my 1st post on this matter of Al Qush I was not implying XOM had handed it back , they haven't , if they have show me the link please .I do a news search on Kurd oil everyday if it had happened I'd know about it.

[obesepaddington] 08/12/2018 19:12

Sept 19 2017 Fiduciary duty to consider approaches from interested parties double plurality!!!HY report CEO and chairman statementSo Minotaur reckons a done deal just waiting to be announcedAnd the transparent sentiment bashers 24 7Constantly!!!!EqualsSold Excellent!!!

[bravedog] 08/12/2018 18:53

What is interesting is that Al Qush was released in October 2017, after the referendum.

Around the same time, GKP issued an RNS where they said they had a fiduciary duty for the shareholders.

Zahawi did cost money but was giving the bod instructions from the main shareholders. It is possible that the decision not to increase production was taken to get a better understanding of the reservoir.

One thing is missing before the sale of the company: a successful test of the Permian. The Kurds can’t sell this asset for free. Perhaps the well they drilled is also targeting the Permian.

If the Chinese buy it, the Kurds will be screwed: Chinese or Russian meetering stations will be installed and will certainly not reflect the true volume pumped.

[nestoframpers] 08/12/2018 18:33

D&D is different from exploration , in other words XOM do not have to submit a development plan as yet.

[bravedog] 08/12/2018 18:27

Nest

You should take the pic of Discovery and Development on MNR’site. There, no number.

So for me, it has been given back, as your links suggest.

[habshan] 08/12/2018 17:28

The eastern boundary of the field is where it is and is where it has been for the last several hundred million years.

It is where it was shown on the seismic and where the appraisal well Shaikan-6 confirmed it to be.

It has never been shown as being anywhere other than where Shaikan-6 confirmed it to be.

Shaikan-6 did not show the aerial extent of the field to have shrunk.

The purpose of an appraisal well is to provide information and data.

As we were told, Shaikan-6 was a very good well. It provided a great deal of data:-

"Shaikan-6 Appraisal Well
A preliminary evaluation of the comprehensive logging suite indicates a continuous oil column in the Jurassic Barsarin, Sargelu, Alan and Mus formations and extending into the Butmah formation. Well logs from the Triassic indicate the hydrocarbon presence in both the Kurre Chine-A and Kurre Chine-B formations."

That and other data was input into the models which a few weeks later enabled Dynamic Global Advisors (DGA), independent, Houston-based exploration consultants to increase the mean oil in place number from 10.5 to 13.7 billion barrels.

Analysis of the latest appraisal programme activity including the results from Shaikan-6 showed that the mean oil in place number had increased by a massive 3.2 billion barrels.

Nothing had shrunk.

Getting on for three years later Bigdog, having assessed the situation and brought all of his vast experience to bear in identifying "clues problems and issues" decided that the then current share price of £40 in today's money represented a "great buying oppo" and confirmed to this board that he'd been buying at around that price.

So tell us Bigdog.

Having bought your shares at around £40, what return did your expert analysis lead you to expect.

5%, 10%, 100%, a two bagger, a three bagger, or what.