Gulf Keystone Petroleum Share Discussion Threads

[mcfly02] 12/2/2019 12:06

Good Afternoon 😃

I'd just like to point something out to FrenchBob.

You constantly post about me having inside information (allegedly) and you are always complaining to the FCA and the company about me.

Aren't you contradicting yourself ???

Because if you are correct and I do have access then what I say is actually nearer the truth and facts than the rubbish you spout ???

[habshan] 12/2/2019 12:04

Trevanian - "So a FDP signature would take 80% of current 2C into 2P , meaning at worst case reserves are 800m 2P."

Oil-Investor from last June - "TAQA paid $600 million for their 39.9% stake in Atrush, which is adjacent to Shaikan.
The total Proved and Probable Reserves have recently been increased by McDaniel, and now stand at 102.7 million barrels.
Using this current figure, the TAQA stake represents 41 million barrels of 2P Reserves. So the price paid was $14.6 per 2P barrel."

800 million barrels at $14.6 per barrel works out at around 40 quid a share.

In a "worst case" scenario.

[walval] 12/2/2019 11:15

From Trevanian on iii . . .

I must correct you Mikey.The current WI is absolutely 80%.
Reference slide 19 of the June corporate presentation where GKP confirmed that the talks had evolved form the original agreement from the March H of T agreement(58% et cetera)

The 58% is therefore not valid , and the company clearly communicated this change, and have said 80% in the most recent presentation, and if there was to be any PSC change it would be value neutral to them at worst..

So a FDP signature would take 80% of current 2C into 2P , meaning at worst case reserves are 800m 2P.

Peel Hunt continue to use the invalid 58% figure in generating a core NAV, and I understand the BOD have been clearly advised that this continued misrepresentation needs immediate correction.

We will see either a major JV or a sale, as it is simply not credible that almost 3 years have elapsed in negotiations an evolved PSC.

I found the presentation very disappointing, as it did not address any key commercial matters of interest.
Perhaps this is understandable however. Jon Ferrier was clearly discomforted when the issue of Chinese analysis was raised. Perhaps that was understandable too!

[pensioner2] 12/2/2019 10:20

Good post beernut. It's obviously having an effect both here and at Genel.

[nestoframpers] 12/2/2019 08:54

TODAY WOULD BE GOOD .

[gkp_banggone] 12/2/2019 08:48

Could be sooner nest

[nestoframpers] 12/2/2019 08:47

ONLY 7 DAYS UNTIL GKPs TAKE OVER ( SOME THINK)

[mcfly02] 12/2/2019 00:53

The list is endless 😂😂😂🖕

🐐🎥

[frenchybannedme] 12/2/2019 00:11

Oh, and there was also the claim on here that his bank did not know his current address.
And presumably the Inland Revenue also.

Remember that one?


And apparently, there was some sort of "bank error in my favour" that allowed him to purchase these millions of shares at the open offer, despite the fact he was ineligible to do so.


The list is endless.


Perhaps Anastasia was correct in identifying him a Dangermouse Fantasist.

[mcfly02] 11/2/2019 23:54

Work it boys work it 🤡

You can't change history no matter how hard you try 😂😂😂

🐐🎥🖕

[frenchybannedme] 11/2/2019 22:56

And we especially don't forget the constant claims of Inside Information, along with the not so constant anymore claims of buying huge quantities of shares and making huge profits.

I wonder why THAT particular subject has been curtailed.

[0ili0] 11/2/2019 22:37

What a strange place this is.

[frenchybannedme] 11/2/2019 21:28

I still think all the shares you wanted at 83p was a pretty outstanding gift.


I seem to recall the Oilymanchild claiming on here he'd bought millions in the open offer, and offloaded most at around 1.50.

But then he deletes his posts, so who knows whether that was just his usual BS chest puffing or not, or I just made that up.