Gulf Keystone Petroleum Share Discussion Threads

[therectifier1] 31/12/2018 10:19

Was it something I said 😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂😂

Try and get in the dictionary are looking up non-entity.

[therectifier1] 31/12/2018 10:04

BigDog, when they decide to drop the CPR on us will they answer some of the questions that are being asked or will it be hidden amongst the back pages in weasel words?

Do you think the CEO will stay after hitting the 55k target?

[obesepaddington] 31/12/2018 09:51

hxxps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[bigdog5] 31/12/2018 09:26

Still no wells, pumps, PSC, CPR, hints of a takeaway, or the perennial oil law.

But we have had "pumpgate", tons of hype and loads of BS by the minute from the spameister and all of his multi nicknames.

Whereas I did say there would be little or zero progress this year, that Institutions would dump out, the size of the asset has shrunk and has "issues" as evidenced by plummeting production.

You're welcome:-)

[obesepaddington] 31/12/2018 09:14

Ticking up on very low volumeAs was FridaySoon be SOLD

[obesepaddington] 31/12/2018 09:12

hxxps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14TrevanianPosts: 1Opinion: Strong BuyPrice: 174.00What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[obesepaddington] 31/12/2018 07:47

XLSE trevanianOpinion:No OpinionPrice:179.60Commercialising Oil FieldsToday 15:19I think that we may all benefit from understanding how oil fields are commercialised.Operators cannot submit Field development Plans (FDP) without Production Sharing Contract (PSC) certainty. The PSC sets out the long term obligations, benefits, terms of engagement for all parties to the contract. The FDP has technical aspects and a requirement to submit commercial plans and basis for financing development. It cannot be designed without forward revenue term models agreed in the PSC.We now know that a new FDP was submitted in early October, this is reference minority partner MOL November presentation.MOL are booking new reserves on their existing 20% working interest (WI).GKP must also have suffered no dilution meaning their share of reserves has automatically increased by (80/58) a 38% increase. This does not account for the further 80% share from an upgraded CPR(Competent Persons Report) that will be derived from the new FDP. This exists as MOL is booking 2018 reserves. What the detailed numbers are is impossible to specify,but these increases are in the hundreds of millions of recoverable barrels. It is clear GKP have not released these details to the market .This is a mystery.Why the delay? I could but will not speculate. I will say that GKP has always been a most attractive takeover target since discovery . I cannot find a comparable independent operator on land.The unprecedented technical access given to the Chinese is way beyond what would be commercially acceptable in the industry without advanced contractual agreement and significant associated break fees.Tomorrow is the end of the existing oil sales contract and end of both MOL and GKP financial years.The news moratorium may or may not continue. It clearly cannot continue forever.

[asherspoodles] 31/12/2018 07:40

035
100
Am

😂

[stockport loser] 31/12/2018 01:00

From CCC on LSE.Looks like no takeover. I do try to asked slightly more sensitive issues, if only to gauge what type of response i get, the Chinese Shaikan report was an obvious one to ask, it was swiftly dismissed with the conversation i will keep to myself and that no further comment will be made about this. now that may well be a typical response to anyone asking the question and i would not expect anything else from them, i know nothing more than anybody regarding this matter, only my own conclusion as i see it presently, GKP has as much chance to be sold as any other stock i hold currently.