Gulf Keystone Petroleum Share Discussion Threads

[arcadian] 16/1/2019 13:17

Did I miss the reserves update?

[gkphero] 16/1/2019 13:15

GKP is all but sold.

It's Chinese takeaway, £60 a portion.

[cnpc _own _gkp] 16/1/2019 12:45

All the PSC negotiation was "STRING ALONG NONSENSE" TO ALLOW TIME AS COMPANY KEPT IN HOLDING PATTERN WHILST SALE LEGALS ETC DELIVERED

NOW THEY REVEAL AT THE BOTTOM OF A PRESENTATION SLIDE "IF PSC AMENDED....."

THEY ACTUALLY AGREED A SALE OVER 18 MONTHS AGO

GAVE CHINESE EXCLUSIVITY TO PERFORM RIGOROUS TECH DD ON SHAIKAN

THE GREAT NEWS ❤️TAKEOVER IMMINENTLY ANNOUNCED❤5039;

COMPLETION WATERSHED WOULD HAVE BEEN DEC31 2018










BUYING BACK IN eg. 25% RETIRING IT CONCENTRATES HOLDERS profits higher,
at T/O, BY 33% HOW MANY THEY HAVE BOUGHT BACK IN?

Gulf subject too Bermudan M + A law, agree a conditional SALE well over a year ago to the Chinese .

NO RNS REQUIRED UNTIL A FORMAL COMPLETION SALE MADE.

"IMPLEMENTATION AGREEMENT " is standard legal format in this jurisdiction, gave exclusivity to buyer whilst they did TECHNICAL due diligence on Shaikan
PARA 7.2 7.3 7.4 below:



SOME OF SHAIKAN Chinese technical DD can be seen here:

🎈🎈🎈

[tess_tickle] 16/1/2019 12:45

TAR VERY MUCH

[cnpc _own _gkp] 16/1/2019 12:43

All the PSC negotiation was "STRING ALONG NONSENSE" TO ALLOW TIME AS COMPANY KEPT IN HOLDING PATTERN WHILST SALE LEGALS ETC DELIVERED

NOW THEY REVEAL AT THE BOTTOM OF A PRESENTATION SLIDE "IF PSC AMENDED....."

THEY ACTUALLY AGREED A SALE OVER 18 MONTHS AGO

GAVE CHINESE EXCLUSIVITY TO PERFORM RIGOROUS TECH DD ON SHAIKAN

THE GREAT NEWS ❤️TAKEOVER IMMINENTLY ANNOUNCED❤5039;

COMPLETION WATERSHED WOULD HAVE BEEN DEC31 2018










BUYING BACK IN eg. 25% RETIRING IT CONCENTRATES HOLDERS profits higher,
at T/O, BY 33% HOW MANY THEY HAVE BOUGHT BACK IN?

Gulf subject too Bermudan M + A law, agree a conditional SALE well over a year ago to the Chinese .

NO RNS REQUIRED UNTIL A FORMAL COMPLETION SALE MADE.

"IMPLEMENTATION AGREEMENT " is standard legal format in this jurisdiction, gave exclusivity to buyer whilst they did TECHNICAL due diligence on Shaikan
PARA 7.2 7.3 7.4 below:



SOME OF SHAIKAN Chinese technical DD can be seen here:

🎈😂

[tess_tickle] 16/1/2019 12:42

FIT FOR POTHOLES, ONLY

[cnpc _own _gkp] 16/1/2019 12:31

All the PSC negotiation was "STRING ALONG NONSENSE" TO ALLOW TIME AS COMPANY KEPT IN HOLDING PATTERN WHILST SALE LEGALS ETC DELIVERED

NOW THEY REVEAL AT THE BOTTOM OF A PRESENTATION SLIDE "IF PSC AMENDED....."

THEY ACTUALLY AGREED A SALE OVER 18 MONTHS AGO

GAVE CHINESE EXCLUSIVITY TO PERFORM RIGOROUS TECH DD ON SHAIKAN

THE GREAT NEWS ❤️TAKEOVER IMMINENTLY ANNOUNCED❤5039;

COMPLETION WATERSHED WOULD HAVE BEEN DEC31 2018










BUYING BACK IN eg. 25% RETIRING IT CONCENTRATES HOLDERS profits higher,
at T/O, BY 33% HOW MANY THEY HAVE BOUGHT BACK IN?

Gulf subject too Bermudan M + A law, agree a conditional SALE well over a year ago to the Chinese .

NO RNS REQUIRED UNTIL A FORMAL COMPLETION SALE MADE.

"IMPLEMENTATION AGREEMENT " is standard legal format in this jurisdiction, gave exclusivity to buyer whilst they did TECHNICAL due diligence on Shaikan
PARA 7.2 7.3 7.4 below:



SOME OF SHAIKAN Chinese technical DD can be seen here:

🎈

[cnpc _own _gkp] 16/1/2019 12:20

Because the company have spent a year playing down the value here

[pensioner2] 16/1/2019 12:15

So, why does it come out in a third party presentation rather than a company rns? BTW. Good find paul 4742

[asherspoodles] 16/1/2019 12:11

2.5 years pretending they were negotiating amendment to a PSC Where they were actually implementing a sale agreement to Chinese using Bermuda rules" If PSC is amended it will be at least value neutral to GKP"So yes 80% not 58%SOLD

[pensioner2] 16/1/2019 11:50

So, is the 80% W.I. now a fact?

[paul4742] 16/1/2019 11:45

presentation-january-2019

[timorg] 16/1/2019 11:34

230 gross therefore cost to gkp 184 mill 80 percent.

cash 294 minus 184 leaves 110 mill and cash will be received each month from sales while work being undertaken.

seems like a plan to me

[broadford bay] 16/1/2019 11:25

It's of greater interest to me that DQE were the drilling company who did Atrush-2 (using Rig #31) - at the time said to be the highest flow ever in Kurdistan (it flowed 42,212 bopd using ESP)

[beernut] 16/1/2019 11:25

Found this.

DQE International

Private Company
Company Profile
Sector: Industrials
Industry: Engineering & Construction Svcs
Sub-Industry: Engineering Services
Dqe International was founded in 1993. The Company's line of business includes providing professional engineering services.
Corporate Information
Address:
No.2, Xiliu Street, Ranghulu Distri
Daqing, 163712
China
Phone: [phone]
Fax: [phone]


Can someone post this on lse.

[flyposter] 16/1/2019 11:18

Thanks for posting again Tess, the price always goes up after you do. Please don't stop.