Gulf Keystone Petroleum Share Discussion Threads

[obesepaddington] 23/12/2018 14:41

22,251 buy as many as you can posts â?²ï¸?ðŸ'Œ#BIGDOG#BUYGKP#USACLOWNNow 22,2667 reasons to buy ðŸ¤-#JPMorgan just bought another 800,000I did ask the companyThey said yes the Chinese have definitely bought usRing them yourselves on MondayI guarantee they won't deny itBuy as many as you possibly can

[obesepaddington] 23/12/2018 14:39

Indeed ALLL GKP directors have a legal responsibility to treat all shareholders big and small the same But they don't.The big holders are inside to the ongoing Chinese sale.And to the ongoing company proxy buyback.This of course maximises the big holders ultimate profits and the executive directors share options payoutAll at the expense of the small holders from whom the directors have already been complicit in withholdingthis information.The directors have been put on noticeSo look forward to the saleAnd jail sentencesAs for pi You will unlikely ever see a more attractiveinvestment opportunityBuy as many as you possibly can98% already been bought and held by Goldman Sachs,over 24,000,000, Morgan Stanley over 35,000,000 etc cetera x

[bigdog5] 23/12/2018 14:12

Nice load of old irrelevant misleading stuff there for the delusional rampers to get lathered up about.

This "esteemed analyst par excellence" that's mentioned. Is it the same one that's been posting for 10 years under multi nicknames and is still to get something correct?

[obesepaddington] 23/12/2018 13:14

Indeed ALLL GKP directors have a legal responsibility to treat all shareholders big and small the same But they don't.The big holders are inside to the ongoing Chinese sale.And to the ongoing company proxy buyback.This of course maximises the big holders ultimate profits and the executive directors share options payoutAll at the expense of the small holders from whom the directors have already been complicit in withholdingthis information.The directors have been put on noticeSo look forward to the saleAnd jail sentencesAs for pi You will unlikely ever see a more attractiveinvestment opportunityBuy as many as you possibly can98% already been bought and held by Goldman Sachs,over 24,000,000, Morgan Stanley over 35,000,000 etc cetera

[officerdigby] 23/12/2018 13:12

All these big holders inside, however still accumulating.?? Yes sure entirely legal. And definitely happening LOL!

[obesepaddington] 23/12/2018 13:08

Indeed ALLL GKP directors have a legal responsibility to treat all shareholders big and small the same But they don't.The big holders are inside to the ongoing Chinese sale.And to the ongoing company proxy buyback.This of course maximises the big holders ultimate profits and the executive directors share options payoutAll at the expense of the small holders from whom the directors have already been complicit in withholdingthis information.The directors have been put on noticeSo look forward to the saleAnd jail sentencesAs for pi You will unlikely ever see a more attractiveinvestment opportunityBuy as many as you possibly can

[sparky333] 23/12/2018 12:34

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.Here is my invite link: https://initiativeq.com/invite/ysfoTKwF2This link will stop working once I'm out of invites. Let me know after you registered, because I need to verify you on my end.

[habshan] 23/12/2018 12:16

Absolutely no idea who this TopperBob character is that Sarah keeps banging on about, but as it's Christmas and as he's not here himself at the moment I thought I'd put up an excellent post from our esteemed analyst par excellence Oil_Investor that he crafted a few weeks ago to remind us once again of the magnitude and potential of our investment:-

"oil_investor - 19 Nov 2018 - 10:08:15 - 949 of 1484 The New GKP - Holding For Multibaggers - GKP, SOME POINTS FROM THE GKP PRESENTATION Shaikan - Early Insights into a Giant Fractured Carbonate Field GIVEN AT THE GEOLOGICAL SOCIETY IN LONDON ON TUESDAY 23 JANUARY 2018.

The following summary has been compiled from separate reports given by three industry experts (Senior Geophysicist, leading Fracture System Consultant, Geologist) who were present. The material has already been in the public domain for some ten months and GKP have expressed no objections to a summary of what was presented being posted on here. So here it is.

1.PRODUCTION

1.1 GKP plan to increase output in line with what they have said in their RNSs

1.2 specific reference was made to ramping production up to 55,000 bopd

2. COMPOSITION OF PRODUCED FLUIDS

2.1 no formation water has been produced

2.2 no free gas has been produced

2.3 no reference was made by GKP to drill mud returns causing any current problems

3. INTER-WELL COMMUNICATION

3.1 there is pressure communication with the other wells

3.2 all GKP wells are pressure connected

3.3 there is pressure communication across the field

4. WELL PRODUCTIVITY

4.1 the Shaikan wells have high productivity

4.2 the wells are producing at target rates

4.3 the individual Well Productivity Indices are in the hundreds.

4.4 the wells had produced an average of 6 million barrels each by the start of 2018.

4.5 the best producer wells are located near to faults

5. RESERVOIR PRESSURE

5.1 the pressure decline is less than GKP expected

5.2 the actual pressure decline is less than GKP modelled

5.3 the initial drop in reservoir pressure was 300 psi, but the decline has been starting to flatten-off

5.4 GKP do not understand the reason why the pressure decline is less than expected

5.5 GKP believe that pressure support is coming from a small and expanding gas cap

5.6 there is limited pressure support from the aquifer

5.7 gas injection is seen as a device to maintain reservoir pressure in the longer-term

5.8 a delegate suggested that pressure support could be coming from a deeper source which exists elsewhere in the region, its location and name were not given. GKP were apparently unaware of that possibility

5.9 the pressure response time along the entire field has been measured as minutes to hours

5.10 there is a 5-minute Pressure Response 500 metres from a well

6. RESERVOIR CHARACTER INCLUDING FRACTURE SYSTEM

6.1 the Jurassic was proved to cover an area of 135 square kilometres with a large oil column of 800 metres (repeatedly stated elsewhere by GKP as 1000 metres or more than 3 London Shards)

6.2 there is no evidence of compartmentalisation within the Jurassic reservoir

6.3 the Jurassic Matrix Recovery is the subject of ongoing study

6.4 there are three classes of fractures: (a) those which are individually less than one metre in length, (b) those which are individually between one metre and ten metres in length, and (c) those which are individually tens of metres in length

6.5 the faults and fractures are related; this is not always so with reservoirs

6.6 the oil quality changes within the Jurassic reservoir, which is uncommon

6.7 the API differs within the Jurassic reservoir

6.8 GKP do not know the reason why the API is variable

6.9 the Gas Oil Ratio (GOR) differs within the Jurassic reservoir

7. PRODUCTION ARRANGEMENTS

7.1 GKP located the first production wells in a safe central area of the reservoir, well away from any water

7.2 Electric Submersible Pumps will be used to increase output."

[thescaramouche] 23/12/2018 12:00

Great Wall Drilling Company Limited fabricates and operates oil rigs and provides oil field services. The company was founded in 1990 and is based in Beijing, China. Great Wall Drilling Company Limited operates as a subsidiary of CNPC Service and Engineering Ltd.

Been all over Shaikan for the past two years

Ask GKP WHY THAT IS?😜😜;😜😇😇⏲ʊ39;⏲️🎆🎆7878;🎆

SOLD. FILL YER BOOTS IF THE SHOP STILL OPEN


Sinopec
MOL GKP partners using reserve valuation@ $8 per boe reserve at Shaikan

MOL PRESENTATION TAKEAWAY
Psc2 MUST BE Agreed New FDP would not be submitted without it
MOL WI maintained at 20% GKP WI maintained at 80%
Hence GKP 2P rises to 480m
Upside from new cpr around 25%
GKP 2 P up to 600m ⏲️Θ2;️⏲5039;⏲️🎄🎄🎄BOOM!
SINOPEC PURCHASE PRICE North of £30 for certain
Easily be £40 plus
=======+++============

⏲️
SALE ANNOUNCED IN NEXT TWO WEEKS - ASK THE COMPANY â?!!
Following a very competitive in private auction Gulf Keystone is SOLD to the Chinese

GKP THEN ENTERED AN EXCLUSIVE " IMPLEMENTATION AGREEMENT "2017

hxxps://iclg.com/practice-areas/mergers-and-acquisitions-laws-and-regulations/bermuda#chaptercontent7 Read 7.2

GKP TO KKEEP BUSINESS IN HOLDING PATTERN WHILST CHINESE PERFORM TECHNICAL DUE DILIGENCE.

hxxp://www.searchanddiscovery.com/documents/2018/42204lin/lin_slides.pdf

GULF HAVE A HUGE CASH MOUNTAIN $ 275,000,000

USED PROXY (CITIGROUP) TO BUY IN THEIR OWN SHARES

"OPTIMISING CAPITAL STRUCTURE" WILL RETIRE THIS STOCK CONCENTRATES PROFITS FOR HOLDERS ON DEAL ANNOUNCEMENT

Cash pile used to settle proxy'S BILL FOR SHARES THEY BOUGHT IN.

HOLD AND FILL YOUR BOOTS

THE COMPANY SHARES ARE WORTH MULTIPLES ON TRADE SALE .

Traditionally, the definition of a giant or super-giant oilfield has been a field whose reserves exceed one billion barrels. Super giant fields are generally ones whose reserves exceed five or even ten billion barrels.



Sinopec IS eyeing a takeover of London-listed Gulf Keystone
.. according to Bloomberg. That points to Sinopec’s urgency in replacing its aging oil reserves. In 2015, proved developed oil reserves using equity method accounting fell to 1.75 billion barrels from 2.53 billion at the start of the YEAR. (BUYING GKP INCREASES THEIR RESERVES HUGELY?)

Sinopec has managed to keep its energy replacement reserve ratio close to 100 percent in recent years largely through discoveries of natural gas. These don’t help its 34 refiners processing over half the oil China consumes!
THESE REFINERIES LOVE HEAVY OIL LIKE SHAIKAN S xx👌

[thescaramouche] 23/12/2018 11:05

Sinopec
MOL GKP partners using reserve valuation@ $8 per boe reserve at Shaikan

MOL PRESENTATION TAKEAWAY
Psc2 MUST BE Agreed New FDP would not be submitted without it
MOL WI maintained at 20% GKP WI maintained at 80%
Hence GKP 2P rises to 480m
Upside from new cpr around 25%
GKP 2 P up to 600m ⏲️Θ2;️⏲5039;⏲️🎄🎄🎄BOOM!
SINOPEC PURCHASE PRICE North of £30 for certain
Easily be £40 plus
=======+++============

⏲️
SALE ANNOUNCED IN NEXT TWO WEEKS - ASK THE COMPANY â?!!
Following a very competitive in private auction Gulf Keystone is SOLD to the Chinese

GKP THEN ENTERED AN EXCLUSIVE " IMPLEMENTATION AGREEMENT "2017

hxxps://iclg.com/practice-areas/mergers-and-acquisitions-laws-and-regulations/bermuda#chaptercontent7 Read 7.2

GKP TO KKEEP BUSINESS IN HOLDING PATTERN WHILST CHINESE PERFORM TECHNICAL DUE DILIGENCE.

hxxp://www.searchanddiscovery.com/documents/2018/42204lin/lin_slides.pdf

GULF HAVE A HUGE CASH MOUNTAIN $ 275,000,000

USED PROXY (CITIGROUP) TO BUY IN THEIR OWN SHARES

"OPTIMISING CAPITAL STRUCTURE" WILL RETIRE THIS STOCK CONCENTRATES PROFITS FOR HOLDERS ON DEAL ANNOUNCEMENT

Cash pile used to settle proxy'S BILL FOR SHARES THEY BOUGHT IN.

HOLD AND FILL YOUR BOOTS

THE COMPANY SHARES ARE WORTH MULTIPLES ON TRADE SALE .

Traditionally, the definition of a giant or super-giant oilfield has been a field whose reserves exceed one billion barrels. Super giant fields are generally ones whose reserves exceed five or even ten billion barrels.



Sinopec IS eyeing a takeover of London-listed Gulf Keystone
.. according to Bloomberg. That points to Sinopec’s urgency in replacing its aging oil reserves. In 2015, proved developed oil reserves using equity method accounting fell to 1.75 billion barrels from 2.53 billion at the start of the YEAR. (BUYING GKP INCREASES THEIR RESERVES HUGELY?)

Sinopec has managed to keep its energy replacement reserve ratio close to 100 percent in recent years largely through discoveries of natural gas. These don’t help its 34 refiners processing over half the oil China consumes!
THESE REFINERIES LOVE HEAVY OIL LIKE SHAIKAN S xx👌

[father chrlstmas] 23/12/2018 10:35

Officer, officer, got a couple of smashing dvd's for you this Christmas.

Swing High, Swing Low
and
Hang'em High

I picked them out special like, with you in mind

[thescaramouche] 23/12/2018 10:26

Sinopec🎄
MOL GKP partners using reserve valuation@ $8 per boe reserve at Shaikan

MOL PRESENTATION TAKEAWAY
Psc2 MUST BE Agreed New FDP would not be submitted without it
MOL WI maintained at 20% GKP WI maintained at 80%
Hence GKP 2P rises to 480m
Upside from new cpr around 25%
GKP 2 P up to 600m ⏲️Θ2;️⏲5039;⏲️🎄🎄🎄BOOM!
SINOPEC PURCHASE PRICE North of £30 for certain
Easily be £40 plus
=======+++============

⏲️
SALE ANNOUNCED IN NEXT TWO WEEKS - ASK THE COMPANY â?!!
Following a very competitive in private auction Gulf Keystone is SOLD to the Chinese

GKP THEN ENTERED AN EXCLUSIVE " IMPLEMENTATION AGREEMENT "2017

hxxps://iclg.com/practice-areas/mergers-and-acquisitions-laws-and-regulations/bermuda#chaptercontent7 Read 7.2

GKP TO KKEEP BUSINESS IN HOLDING PATTERN WHILST CHINESE PERFORM TECHNICAL DUE DILIGENCE.

hxxp://www.searchanddiscovery.com/documents/2018/42204lin/lin_slides.pdf

GULF HAVE A HUGE CASH MOUNTAIN $ 275,000,000

USED PROXY (CITIGROUP) TO BUY IN THEIR OWN SHARES

"OPTIMISING CAPITAL STRUCTURE" WILL RETIRE THIS STOCK CONCENTRATES PROFITS FOR HOLDERS ON DEAL ANNOUNCEMENT

Cash pile used to settle proxy'S BILL FOR SHARES THEY BOUGHT IN.

HOLD AND FILL YOUR BOOTS

THE COMPANY SHARES ARE WORTH MULTIPLES ON TRADE SALE .

Traditionally, the definition of a giant or super-giant oilfield has been a field whose reserves exceed one billion barrels. Super giant fields are generally ones whose reserves exceed five or even ten billion barrels.



Sinopec IS eyeing a takeover of London-listed Gulf Keystone
.. according to Bloomberg. That points to Sinopec’s urgency in replacing its aging oil reserves. In 2015, proved developed oil reserves using equity method accounting fell to 1.75 billion barrels from 2.53 billion at the start of the YEAR. (BUYING GKP INCREASES THEIR RESERVES HUGELY?)

Sinopec has managed to keep its energy replacement reserve ratio close to 100 percent in recent years largely through discoveries of natural gas. These don’t help its 34 refiners processing over half the oil China consumes!
THESE REFINERIES LOVE HEAVY OIL LIKE SHAIKAN S xx👌

[officerdigby] 23/12/2018 10:22

Waiting for the mood music and message to change in the new year. As always!

Remembering other Christmas classics:

'There ain't gonna be no restructure.'

'The notes will be a waivered..'


All great classics, that we should celebrate!

[thescaramouche] 23/12/2018 10:20

The Oil sale agreement was an interim agreement whilst buyer did the DD

Psc2 will have new sales agreement within it

Why did the company refinance the 10% old notes to 10% new notes when they didn't get a better rate and they had a few years left?

Because it removed restrictions covenants that prevented them from doing m and a.

Retail have had a 12 month mugging courtesy of the directors

[wisky55] 23/12/2018 09:47

Didnt know that bravedog thanks, also the oil sales agreement ends this month, why has a new one not already been announced, surely you would not leave it right to the end and especially xmas time when theres only 2 full and 2 half days trading left??... its a very bizaare

[thescaramouche] 23/12/2018 09:39

Ask the company .
😜⏲A039;🎅

[bravedog] 23/12/2018 09:32

Advantage of TO on December 24th: the new owner of gkp would own more than 50% of it on December 31st, as the 27th is the last date for settlements in 2018. Nothing would known of what they have done in 2018. No annual report published.

[thescaramouche] 23/12/2018 09:19

Restructuring major participants control the company! 53% shares
agree sale 12 months ago at say £18 STC + tech DD The company has far too much cash
Tell directors to say nothing bullish ever
Usecash to buy in shares from depressed market 25% of those in issue my guess at vwap £2. Sale announce - retire those cheap shares.Your profits increase to £24.
at the expense of 1000,s of mushrooms you deliberately kept in the dark.

[thescaramouche] 23/12/2018 09:11

Sunday mornings rebuttals presumably ❤️ 084;️❤️🎄
27876;🎄

Sinopec🎄7876;🎄
MOL GKP partners using reserve valuation@ $8 per boe reserve at Shaikan

MOL PRESENTATION TAKEAWAY
Psc2 MUST BE Agreed New FDP would not be submitted without it
MOL WI maintained at 20% GKP WI maintained at 80%
Hence GKP 2P rises to 480m
Upside from new cpr around 25%
GKP 2 P up to 600m ⏲️Θ2;️⏲5039;⏲️🎄🎄🎄BOOM!
SINOPEC PURCHASE PRICE North of £30 for certain
Easily be £40 plus
=======+++============

⏲️
SALE ANNOUNCED IN NEXT TWO WEEKS - ASK THE COMPANY â?!!
Following a very competitive in private auction Gulf Keystone is SOLD to the Chinese

GKP THEN ENTERED AN EXCLUSIVE " IMPLEMENTATION AGREEMENT "2017

hxxps://iclg.com/practice-areas/mergers-and-acquisitions-laws-and-regulations/bermuda#chaptercontent7 Read 7.2

GKP TO KKEEP BUSINESS IN HOLDING PATTERN WHILST CHINESE PERFORM TECHNICAL DUE DILIGENCE.

hxxp://www.searchanddiscovery.com/documents/2018/42204lin/lin_slides.pdf

GULF HAVE A HUGE CASH MOUNTAIN $ 275,000,000

USED PROXY (CITIGROUP) TO BUY IN THEIR OWN SHARES

"OPTIMISING CAPITAL STRUCTURE" WILL RETIRE THIS STOCK CONCENTRATES PROFITS FOR HOLDERS ON DEAL ANNOUNCEMENT

Cash pile used to settle proxy'S BILL FOR SHARES THEY BOUGHT IN.

HOLD AND FILL YOUR BOOTS

THE COMPANY SHARES ARE WORTH MULTIPLES ON TRADE SALE .

Traditionally, the definition of a giant or super-giant oilfield has been a field whose reserves exceed one billion barrels. Super giant fields are generally ones whose reserves exceed five or even ten billion barrels.



Sinopec IS eyeing a takeover of London-listed Gulf Keystone
.. according to Bloomberg. That points to Sinopec’s urgency in replacing its aging oil reserves. In 2015, proved developed oil reserves using equity method accounting fell to 1.75 billion barrels from 2.53 billion at the start of the YEAR. (BUYING GKP INCREASES THEIR RESERVES HUGELY?)

Sinopec has managed to keep its energy replacement reserve ratio close to 100 percent in recent years largely through discoveries of natural gas. These don’t help its 34 refiners processing over half the oil China consumes!
THESE REFINERIES LOVE HEAVY OIL LIKE SHAIKAN S xx👌

[kiltless highlander] 23/12/2018 08:57

The UlTIMATE DESPERATION - A CLEAR LIE

Why would a Company tell you anything, to quote: J.G. "there is nothing going on" -

WHERE IS YOUR PROOF OF ANYTHING GOING ON?

What you really mean by ('I guarantee they won't deny it') is that they wont disclose anything to you at all.

Why would this be 1.7pence or £1.70 if it is known the Chinese have bought it?

Grow up FFS.


ObesePaddington22 Dec '18 - 17:01 - 576336 of 576361


I did ask the company

They said yes the Chinese have definitely bought us

Ring them yourselves on Monday

I guarantee they won't deny it

[thescaramouche] 23/12/2018 08:26

Sinopec🎄7876;🎄
MOL GKP partners using reserve valuation@ $8 per boe reserve at Shaikan

MOL PRESENTATION TAKEAWAY
Psc2 MUST BE Agreed New FDP would not be submitted without it
MOL WI maintained at 20% GKP WI maintained at 80%
Hence GKP 2P rises to 480m
Upside from new cpr around 25%
GKP 2 P up to 600m ⏲️Θ2;️⏲5039;⏲️🎄🎄🎄BOOM!
SINOPEC PURCHASE PRICE North of £30 for certain
Easily be £40 plus
=======+++============

⏲️
SALE ANNOUNCED IN NEXT TWO WEEKS - ASK THE COMPANY â?!!
Following a very competitive in private auction Gulf Keystone is SOLD to the Chinese

GKP THEN ENTERED AN EXCLUSIVE " IMPLEMENTATION AGREEMENT "2017

hxxps://iclg.com/practice-areas/mergers-and-acquisitions-laws-and-regulations/bermuda#chaptercontent7 Read 7.2

GKP TO KKEEP BUSINESS IN HOLDING PATTERN WHILST CHINESE PERFORM TECHNICAL DUE DILIGENCE.

hxxp://www.searchanddiscovery.com/documents/2018/42204lin/lin_slides.pdf

GULF HAVE A HUGE CASH MOUNTAIN $ 275,000,000

USED PROXY (CITIGROUP) TO BUY IN THEIR OWN SHARES

"OPTIMISING CAPITAL STRUCTURE" WILL RETIRE THIS STOCK CONCENTRATES PROFITS FOR HOLDERS ON DEAL ANNOUNCEMENT

Cash pile used to settle proxy'S BILL FOR SHARES THEY BOUGHT IN.

HOLD AND FILL YOUR BOOTS

THE COMPANY SHARES ARE WORTH MULTIPLES ON TRADE SALE .

Traditionally, the definition of a giant or super-giant oilfield has been a field whose reserves exceed one billion barrels. Super giant fields are generally ones whose reserves exceed five or even ten billion barrels.



Sinopec IS eyeing a takeover of London-listed Gulf Keystone
.. according to Bloomberg. That points to Sinopec’s urgency in replacing its aging oil reserves. In 2015, proved developed oil reserves using equity method accounting fell to 1.75 billion barrels from 2.53 billion at the start of the YEAR. (BUYING GKP INCREASES THEIR RESERVES HUGELY?)

Sinopec has managed to keep its energy replacement reserve ratio close to 100 percent in recent years largely through discoveries of natural gas. These don’t help its 34 refiners processing over half the oil China consumes!
THESE REFINERIES LOVE HEAVY OIL LIKE SHAIKAN S xx👌

[therectifier1] 22/12/2018 23:38

RE: Topper bob
Robert## ^/aterhouse aka thetopper aka NickiMinaj aka oil investor aka Mydearwatson aka Bobobob5 you are the reason poster are being removed and why most investors have no up to date information.

For years you have desperately tried to be part of this company but have been rejected as some sort of crank with the CEO himself telling people you are some sort of Nut job and this is the only reason you are attacking him.

You desperately need to be recognized but have failed and are very jealous of other posters achievements so you registered an off the shelf oil company so you could call yourself the founder but it has never turned a penny and is dormant.

You have zero Oil & Gas qualifications and used to work for the Post Office

You have never stepped foot inside Kurdistan and you was sacked from the only oil related job you had.

[nestoframpers] 22/12/2018 23:34

2018 Christmas Eve December 24, 2018 † Open, 8:00-12:30pm ‡
2018 Christmas Day December 25, 2018 Closed
2018 Boxing day December 26, 2018 Closed
2018 New Year's Day December 31, 2018 † Open, 8:00-12:30pm ‡