Gulf Keystone Petroleum Share Discussion Threads

[frenchybannedme] 05/1/2019 19:40

I have the South Pole filtered.

[broadford bay] 05/1/2019 19:25

Every magnet has a North- and a South pole...

[therectifier1] 05/1/2019 19:16

I think Team Penge thinks that they have got rid of certain superior and far BETTER CONNECTED posters so they are now very obviously turning their attention to BigDog.

Anyone would think that a certain person is attempting to rewrite history and proclaim himself a hero 🤡

Bob Bill John and Sad Paul blog deluded ZEROS.

[habshan] 05/1/2019 18:56

"to celebrate the 10th Anniversary of the finding of this Giant Field,
what about considering a Dividend of say 10p per Ord. share? Peanuts really"

An interesting idea Broadford but I think we need to run it past Bigdog.

Bigdog.

BroadfordBay has just expressed the view that the company is so flush with cash that as well as financing the current investment programme we could afford to pay a 10p per share dividend without even missing it in order to celebrate the anniversary of the discovery of the Giant Shaikan field.

What do you think.

[broadford bay] 05/1/2019 18:01

I reckon we are due approx. $22.8M for Oct-2018 sales, plus another $28.9M for Nov+Dec.

If our CAPEX spend has been almost zero since 10th Sep-18 we should have between $325M and $328M cash.
If, however, we have already started releasing cash for long-lead items and for some other necessary work then that number could easily have dropped by say $30M or so.

2018 End-of-year cash balance might therefore be about $295 or so?

So, Messrs Ferrier & Zouari, to celebrate the 10th Anniversary of the finding of this Giant Field, what about considering a Dividend of say 10p per Ord. share?

Peanuts really ... DNO have just done it, and just imagine what a powerful statement to the market by the two main operating groups in N. Kurdistan!

[therectifier1] 05/1/2019 17:47

I don't know perhaps you could ask Oil_Investor 1 and ask him what he thinks ?

[bigdog5] 05/1/2019 14:35

I seem to recall the company said the PSC would be sorted by the end of 2018. Wasn't there supposed to be work overs as well. Looks like they're already way behind their timetable after tearing up the plan to achieve 40k and replacing it with one for 55k. Told you 40k wasn't achievable. I also predicted the fabled 110k would be at least 5 years away. Didn't the company recently state similar? Who gets all this stuff wrong? LOFL.

Just a reminder, I reckon S5 is on the boundary of the licence. If so, putting an ESP on it is very brave. That of course calls into question S10 and S11 and their location and that they too are to get ESP's. Will they be successful or cause "issues". Then of course there's S4. How's that doing as it's a very old well.

Time will tell innit:-)

[bigdog5] 05/1/2019 14:15

hobby's attempts at misleading others has now climbed to new heights. Months ago there was pumpgate and the deliberate and desperate attempt in trying to con posters into believing the ESP's had been installed. Sorted that. Now he's trying to con posters into thinking I don't know who sarahgibbs is. How could that be possible when there are umpteen posts from me to him over the years. Why do you hide behind multi names habby?

"To do that he's invented all sorts of imaginary "problems and issues" that only he can see in the absurd hope that he can make us sell up and somehow cause the company to fail".

Others are aware of the issues not just me. The clues are all there.

No frenchy not made up, it's all there including all the "spin" trying to weasel out of the lies. You need to look closer to home for the real frauds. Look the word up and then see if it describes what Trm, 1712, asher and his other nicknames post. Buying back shares, company sold to the Chinese, restructure to prevent cheap hostile takeover. Always been frenchy have you? The lies just pour out of you lot all trying to mislead and discredit which makes it all so amusing.

Extremely low production after 10 years, 1.8p after shareholder wipe out. But I've lost the plot? You people don't have a clue what the real picture is and never have. No operational progress since the restructure, no wells for 4 years, massive production fall. And didn't certain Gurus here state getting back to 40k was a doddle, cheap, easy and together with the ESP's imminent? I said it wouldn't happen, and you lot reckon I've got it wrong? LOFL LOFL LOFL

[stockport loser] 05/1/2019 10:37

I've asked, the company has not bought any shares and would inform the market prior to any transaction.

[stockport loser] 05/1/2019 10:33

Optimal capital structure was in regard to reneg of bonds.