Gulf Keystone Petroleum Share Discussion Threads

[tess_tickle] 27/12/2018 18:19

IT'S A GREAT SYSTEM YOU WORKING CLASS PLEBS

YOU BUY THEM AT £1.69


AND US INSTITUTIONS PAY 'EM OUT AT £60


GET 'EM BOUGHT BUT ONLY WITH MONEY YOU CAN AFFORD TO LOSE

[obesepaddington] 27/12/2018 18:11

I thing we deserve an update from the GKP board. about CNPC relationship with GKPSOLDx

[obesepaddington] 27/12/2018 18:10

So now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25XxEasily be £50 plusX

[obesepaddington] 27/12/2018 18:10

Tess bit stressed

[tess_tickle] 27/12/2018 18:08

WE DIDN'T MEAN TO LOSE YOU 95% OF YOUR MONEY IN THE RESTRUCTURE

IT'S DIFFERENT THIS TIME


HONEST

[tess_tickle] 27/12/2018 18:04

THE INSTITUTIONAL INVESTORS ARE PUMPING LOADS IN


COME AND JOIN US

[tess_tickle] 27/12/2018 18:00

PLEASE PUMP IN AS MUCH MONEY AS YOU CAN AFFORD TO LOSE


WE WILL NOT REGRET IT

[obesepaddington] 27/12/2018 17:59

So now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25XxxxccEasily be £50 plus

[tess_tickle] 27/12/2018 17:54

THE CLUES ARE THERE

THE SHARE PRICE IS FLYING

JOIN THE PHSYNOPECK TAKEOVER ENRICHMENT

[avidacre] 27/12/2018 17:46

I thing we deserve an update from the GKP board. about CNPC relationship with GKP

[obesepaddington] 27/12/2018 17:06

So now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25XxEasily be £50 plus

[obesepaddington] 27/12/2018 17:06

So now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p at 8 bucks without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25Easily be £50 plus

[obesepaddington] 27/12/2018 17:05

Mol have their Shaikan reserves at $8That's for super heavy oilThat Chinese refiners loveIndeed they are the largest heavy oil refinersin the world

[officerdigby] 27/12/2018 17:04

I think I preferred OB when he pretended better to not be Paul!

[obesepaddington] 27/12/2018 16:21

Mol have their Shaikan reserves at $8That's for super heavy oilThat Chinese refiners love

[obesepaddington] 27/12/2018 16:20

£35-45XxxxxSo now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25Easily be £50 plus

[whl2] 27/12/2018 16:20

Keep ramping OP !

The more you post, the lower it goes!

[obesepaddington] 27/12/2018 16:18

£35-45A prudent estimateSo now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25Easily be £50 plus

[obesepaddington] 27/12/2018 16:04

Mol have their Shaikan reserves at $8That's for super heavy oilThat Chinese love

[obesepaddington] 27/12/2018 16:01

XxxxxxxxcccSo now it's essentially in the public domain thatCNPC have bought Gulf how much have they paid??With the new PSC granting MOL 20%GKP has 80%That's over 500m 2 p without any upgradesThat's at least £17 per share without the citigroup proxy buyback concentrationSo minimum £25Easily be £50 plus

[obesepaddington] 27/12/2018 16:01

Shamaran have also benchmarked kurd reserves paying around 8.3 bucks for 7.7m 2 pSits with MOL at $8 reserves valuationSo minimum £15 for GKP absolutely base value

[mrx001] 27/12/2018 15:56

As much as I would like this share to go up, there appear to me to be far too many rampers and contributors who live in lala land and tell porkies on this board. If just one of you can substantiate your claims with a link then your credibility will be enhanced substantially. Otherwise please, please take a break!!

[broadford bay] 27/12/2018 15:52

The $63M is for the full 15%, as far as I can see (and before any offsetting arrangements). The price for TAQA's 50% share of that 15% has still to be determined.

If the present 2P is around 100MMstb, and ignoring the 2C numbers, then the $/bbl "value attributed" drops to around $4/bbl.

And that's for 26°API crude - not 17°API

So, for really heavy SH crude, perhaps $3/bbl...?

EDIT:
The announcement is not 100% clear to me, as the statement says:
"...The Acquisition, with effect from January 1, 2018, includes a 7.5% participating interest in the Atrush PSC as well as USD 10.7 million in loans provided to the Kurdistan Regional Government of Iraq ("KRG") which fall due over the 22 months beginning January 1, 2018...."
So, should we understand that the $10.7M loan repayment is part of that payment deal - effectively reducing the value of the 15% to $52.3M (dropping the attributed value to $3.50/bbl or so), or is the $10.7M part of the final closing adjustments (i.e. to be added to the $63M)?


Lots of ????