Gulf Keystone Petroleum Share Discussion Threads

[thescaramouche] 20/12/2018 15:31

22,251 buy as many as you can posts ⏲️€076;
#BIGDOG
#BUYGKP
#USACLOWN

Now 22,261 reasons to buy 🤗

#JPMorgan just bought another 800,000

[gkphero] 20/12/2018 15:27

lol, pork sword.

[pensioner2] 20/12/2018 15:24

Sausage or bacon GKPH?

[gkphero] 20/12/2018 15:22

Bigdog's on a roll this afternoon.

lol

[bigdog5] 20/12/2018 14:47

Doesn't look as though any of the previous "hype" will now be arriving this year. What with crude falling any benefit from "new hype" would be lost.

So imo, FDP's/CPR's etc now next year and already we can see that the timetable is slipping.

Then to consider is that production will again fall if and when they commence work overs which means less revenue. At what point does that start to affect the MNR's ability to pay the producers? It's a good job (as I've told you many times) the company has a healthy bank balance.

You're welcome.

[bigdog5] 20/12/2018 14:10

"I think we are still in profit at under $40/barrel"

Here is the news, oh no you aren't.

So, crude plummeting towards $50, still no FDP/CPR/PSC/work overs/new wells/Oil Law. So what's to like? Then there's all the "challenges" at the asset as evidenced by the massive fall in production. Timetable of hype already slipping. And there we have it.

But the good news is that it looks as though finally all is going to seriously unravel for one past trougher:-)

With crude continuing to fall £1.25 a reasonable number?

[obesepaddington] 20/12/2018 13:03

Yep they actually at 30k per day Currently 80%wi24000 per day to gulfLast year they actually made a cash operations profit of 100m!!!!On much lower average poo than now!They took a paper depreciation charge against production assets of 80m All comes back through cost recovery Any way it's obviously sold so should cares ?Just how much they got£15-25 imo prudent

[guypender] 20/12/2018 13:01

AND TESS SAID 'GLAD TIDINGS TO YOUR FELLOW MAN'

[officerdigby] 20/12/2018 12:57

lifeson20 Dec '18 - 12:33 - 576272 of 576273
0 3 0
I think we are still in profit at under $40/barrel so all good especially with lifting costs so low (around $3/barrel).


Yes don't worry about calculating profit form PSC vs overall expenditure of company.

Just believe!

[lifeson] 20/12/2018 12:33

I think we are still in profit at under $40/barrel so all good especially with lifting costs so low (around $3/barrel).

[bocarugga85] 20/12/2018 12:26

This company's current cash pile could cover half the mcap atm. It is highly solvent. What oil price is needed for break even, anyone know?

[tickler] 20/12/2018 12:19

Wow, Shows what sort of a rise we can expect when it does go back up

[tess_tickle] 20/12/2018 12:03

            BLEAK!

[gkphero] 20/12/2018 11:30

Tess is daft Ben. All good fun.

[guypender] 20/12/2018 11:22

HOPE YOU CAN SAY YOU DID NO HARM ON YOUR DEATH BED TESS

[arcadian] 20/12/2018 10:58

Scartess

Tomorrow, and tomorrow, and tomorrow,


Creeps in this petty pace from day to day,


To the last syllable of recorded time;


And all our yesterdays have lighted fools


The way to dusty death. Out, out, brief candle!


Life's but a walking shadow, a poor player,


That struts and frets his hour upon the stage,


And then is heard no more. It is a tale


Told by an idiot, full of sound and fury,


Signifying nothing.

Happy Christmas

[tess_tickle] 20/12/2018 10:52

BRENT GOES BELOW $55 AT 10:50 GMT

[guypender] 20/12/2018 10:33

KARMA WILL GET YOU TESS. GAS LIGHTERS ARE SCUM

[tess_tickle] 20/12/2018 10:20

GKP LURKING UNDER MISTLETOE AS SITUATION TURNS UGLY