Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 06/2/2019 21:29

I note that the welsh one only joined the bb only a few months ago. No wonder he's missed all the points I've been correct about over many years. He also misses the fact that there's already been a bb set up for the clueless and delusional by johnyboy where they make everything up.

Then there's this bb whereby 1712out contributes 95% of the posts under his multi aliases. Myself and a few others who post here prefer to talk about the reality and facts, we leave the "making stuff up" and BS to others.

Yes that's an excellent question mcfly. It will be interesting to see how it's answered, if indeed it is. Spin the good and don't mention the bad has always been the history here.

Broadford could I dare say explain the "issues" relating to PSC's and service contracts. He's been very clear on the "issues" that relate to the ESP's.


Bring on the hype eh:-)

[pensioner2] 06/2/2019 21:07

You're wasting your time Habshan. This was the dog at 13.50:

However, Somo will take full control over exports from Koruptistan after the 12 months are up, an arrangement that I've been predicting would happen for years.

And this was that same dog at 18.05:

Somo I believe will control all exports after Erbil fulfils it's obligations. The wording suggests the PSC's are now back in the mix and could be altered to TSC later on. The fact that it's a possibility alters all. The risks for shareholders have increased imho.

So it took all of 5 hours to turn a certainty into a possibility.

[bj476] 06/2/2019 20:46

Stuart can you explain why the delay with the SH1 workover ???

Is it suffering from the GKP operational curse ???

Considering this is the first part of the new program and you started it late it doesn't look good for the other drills ???

Care to comment....
...May I, TIA. Not Stuart, but, I do have the urge to reply. So here goes...zzzzzzzzzz No1.......why do you care......No2................No3...............YOU CANNOT BE SERIOUS. You still married? Or, both just dwelling on making monies from GKP?
Just an observational piece People’s.

[gkp_banggone] 06/2/2019 20:32

🕰ï¸?SALE BY SCHEME OF ARRANGEMENT AT HUGE PREMIUM ANNOUNCED NO LATER FEB 19 ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–🖤🖤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œðŸŽˆðŸŽˆðŸ'œðŸ'šðŸ–¤ðŸ'›ðŸ'šðŸ'™ðŸ–¤ðŸ'›ðŸ'œðŸ'šðŸ'šâ?¤ï¸?🖤🖤The more their proxy has bought in the higher holders profits at t/o:ðŸ'–ðŸ'–No FY report will be required if they DELIST ist by 30/4 - if not they HAVE to report.Listing REGS require that.Sale by Scheme of arrangement takes at least two months to delist them.So it's very nearly all over,SALE RNS IMMINENT :ðŸ'ŸðŸ'ŸPeel Hunt issued a recent note on the company.#Valuation and recommendation. Following the above tweaks to the production profile and capex, we revise our core NAV to 392p from 387p. We continue to conservatively include no value in our target price for the 239MMbbl gross 2C in Shaikan, worth 34-136p/sh risked-unrisked.Gulf Keystone Petroleum continues to stand out as one of our top sector picks and we reiterate Buy.#They are being super CONSERVATIVE 🌋ðŸ'‹!They use 58% WI when we now know it remains 80%.So their core valuation must be revised by this, 38% higher.The do not place any value on 2C, actually 330m at 80% WI, and even at a very modest $ 2.3 boe this adds further £2 plus.They are only using $3.4 boe for 2P when MOL report $8 and Shamaran higher.So low base-case in my assessment is 470m 2p, 330m 2C (which would in my be treated as effectively 2P when new FDP approved)Working on 800m 2P without adding any value for the MOL recently reported upside and using a stil very modest $10 boe provides $ 8bn asset resource value.This is still very modest in that a land based resource of this size would be strongly fought over by IOC.With 229 million shares, using dollar exchange of 1.29, £ 27 per share would be the minimum I would expect the company’s major owners to accept.It would not be a surprise to me if this number doubled.🎈 xxxxxxxx

[gkp_banggone] 06/2/2019 20:31

The email writerNot forgotten you know

[davr0s] 06/2/2019 20:02

Has this company not been taken over yet? I'm sure I read somewhere on this board that it was imminent

[time1] 06/2/2019 19:45

https://guerillainvesting.co.uk/2019/02/05/27517/Gud read!

[mcfly02] 06/2/2019 19:39

Stuart can you explain why the delay with the SH1 workover ???

Is it suffering from the GKP operational curse ???

Considering this is the first part of the new program and you started it late it doesn't look good for the other drills ???

Care to comment ???

[stockport loser] 06/2/2019 19:25

Out for a duck.

[0ili0] 06/2/2019 19:24

Two oh two. Jon in to bat. Could he add a century?

[tickler] 06/2/2019 18:56

Sold by Christmas. Yawn

[gkp_banggone] 06/2/2019 18:08

XxxxSALE BY SCHEME OF ARRANGEMENT AT HUGE PREMIUM ANNOUNCED NO LATER FEB 19 ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–🖤🖤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œðŸŽˆðŸŽˆðŸ'œðŸ'šðŸ–¤ðŸ'›ðŸ'šðŸ'™ðŸ–¤ðŸ'›ðŸ'œðŸ'šðŸ'šâ?¤ï¸?🖤🖤The more their proxy has bought in the higher holders profits at t/o:ðŸ'–ðŸ'–No FY report will be required if they DELIST ist by 30/4 - if not they HAVE to report.Listing REGS require that.Sale by Scheme of arrangement takes at least two months to delist them.So it's very nearly all over,SALE RNS IMMINENT :ðŸ'ŸðŸ'ŸPeel Hunt issued a recent note on the company.#Valuation and recommendation. Following the above tweaks to the production profile and capex, we revise our core NAV to 392p from 387p. We continue to conservatively include no value in our target price for the 239MMbbl gross 2C in Shaikan, worth 34-136p/sh risked-unrisked.Gulf Keystone Petroleum continues to stand out as one of our top sector picks and we reiterate Buy.#They are being super CONSERVATIVE 🌋ðŸ'‹!They use 58% WI when we now know it remains 80%.So their core valuation must be revised by this, 38% higher.The do not place any value on 2C, actually 330m at 80% WI, and even at a very modest $ 2.3 boe this adds further £2 plus.They are only using $3.4 boe for 2P when MOL report $8 and Shamaran higher.So low base-case in my assessment is 470m 2p, 330m 2C (which would in my be treated as effectively 2P when new FDP approved)Working on 800m 2P without adding any value for the MOL recently reported upside and using a stil very modest $10 boe provides $ 8bn asset resource value.This is still very modest in that a land based resource of this size would be strongly fought over by IOC.With 229 million shares, using dollar exchange of 1.29, £ 27 per share would be the minimum I would expect the company’s major owners to accept.It would not be a surprise to me if this number doubled.🎈