Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 07/11/2019 17:09

No worries Urals, I'll underpomise and over deliver !!rgds the forum it's awash with fraudsters! As you'd expect pre sale.Thanks Chinese, its very hard to navigate this forum with so many filtered!BTW I think your pricing model uber cautious as the 2C 190m is effectively 2P on new FDP sign off. I think even your rock bottom outcome would then be £10+:::Urals my model more cautious, if no buybackUse 470m 2p at $5 /boe = £ 7.50 rock bottomMy best case at $30/boe with 100% buyback =£ 85, then add 2C goes over double figures::

[broadford bay] 07/11/2019 17:04

You are probably correct bigdog - puff it hard, then throttle it back without mentioning it.

Depending on what info is released (i.e. how detailed) it could well be that energy levels are decreasing so much throughout the W side of the block that the "traditional" 5Mbopd well is no longer the norm at SH; hence the requirement for ESPs.
Have a look at the the pressure depletion graphs included with the 2018 Full Year Results - and take account of the bubble point issues I mentioned some time back; suck too hard and you'll get wind.

Using an ESP, however, to get the number back up to 5Mbopd or whatever, might well be sucking too hard - and might lead to Robbing Peter to Pay Paul or, even worse, sucking up stuff that you don't want.

If that is the case then there may be only one way to overcome this and keep output high and growing: drill more wells and don't suck too hard; keep the ESPs nicely set at a lower Mbopd production level.
We might indeed be forced back to the original FDP scenario which envisaged a far greater number of wells than is now currently said to be the case; the financial implications need no emphasising from me.

It would be prudent to keep the coffers filled instead of giving it away.

If #12 turns out to be a relatively poor producer, then there will be an awful lot riding on #9 - as the 55 target will be endangered.
Events might even force it's use as a producer...which would put the Gas Disposal issue right back at the top of the To-Do list...

The current share price tick-up indicates a leaky ship, again. As the eventual news is digested we'll have to see how long the positive thinking lasts.
Maybe Malcy will help us out again!

[gkphero] 07/11/2019 16:38

SP rocketed at the end!!!

Whooosh.....Boom......Bang..........

[bigdog5] 07/11/2019 16:22

Shame about S12 as I know you were all banking on it being great and propelling you towards 55k a day. But don't worry because allegedly what usually happens are the wells get ramped up for a very short time so they can announce far better production numbers. Then they get choked back soon after so as not to suck up the real nasty stuff.

That's the problem with ESP's as you ought to realise. Need them pumps because of pressure issues but they can suck too hard and cause even more problems. But it keeps all the suckers happy and optimistic innit:-)

[pensioner2] 07/11/2019 15:33

This is heading back to the territory where Voleon opened and then increased their short (sub 240). Soon be underwater at this rate. :):):)

[gkphero] 07/11/2019 15:20

I also have many fannies filtered on here now.

They are a waste air and food.

[chinese_takeaway] 07/11/2019 14:46

Nothing RNSd regards new CFO buyers or otherwise Urals. There are only two or maybe just one RNS I'm interested in that's , size of off mkt buyback,and sale deal,one if they contemporaneous.

[mcfly02] 07/11/2019 14:41

GoatCam better than a Roberts news service.

[urals] 07/11/2019 14:41

Sorayad I've got all those plus stacks of others filtered, so missed this. Have I missed an RNS regards a CFO, presumably the buyers parachuted some bean counter in long since???

[tess_tickle] 07/11/2019 14:38

JUST OPENED A BOTTLE OF

CHATEAU TIRÉ TROIS CANARDS

[s0rayad] 07/11/2019 14:32

thanks teflon63

I suppose that is the 'good corporate governance' that disgraced Mark Denning, M&G and their mouth pieces on the bulletin boards (Tony Oilman aka Mcfly, Bigdog and Broadfraud) have been campaigning so hard for
LOL

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
teflon637 Nov '19 - 11:27 - 593735 of 593746
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Tony Oilman
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@TonyOilman
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#GKP Gulf have employed a NEW CFO. #gkp

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[chinese_takeaway] 07/11/2019 14:02

That's the Yank basher presumably?Suckers :) Tres amusant Anyway soon be delisted

[pensioner2] 07/11/2019 13:53

Here's something for you suckers to consider. What happens if they discover they can't safely reinject the gas:-).
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Another speculation with no basis in fact. Just like shooting fish in a barrel today, Muttley.

[gkphero] 07/11/2019 13:37

SP Rocketing!!

[chinese_takeaway] 07/11/2019 13:00

Urals my model more cautious, if no buybackUse 470m 2p at $5 /boe = £ 7.50 rock bottomMy best case at $30/boe with 100% buyback =£ 85, then add 2C goes over double figures

[pensioner2] 07/11/2019 12:36

I never used the term "wild accusation", Muttley. I said "wild speculation dressed up as fact". Bit different, innit? But then accuracy doesn't seem to be your strong point, does it? Meantime the share price grinds ever upwards. :):)

[bigdog5] 07/11/2019 12:04

What you smell johnyboy is your own 10 years worth of BS.

[urals] 07/11/2019 12:03

Sale RNS obviously only days away let's address price:660m 2p2c let's say to be very prudent 550m 2p minm equivalent.At paltry $5 /boe = £ 7.20,at prudent $10/boe = £14.40,at realistic recent average metric $15/boe = £21.60. At recent Occidental twice that £43.Of course all without any equity concentration from major off mkt buyback incoming.So £20,realistically £45, competitively £80+

[teflon63] 07/11/2019 11:27

Tony Oilman
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#GKP Gulf have employed a NEW CFO. #gkp

12:45 PM - 6 Nov 2019
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Tony Oilman
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I'll try to send updates soon. Man flu killing at the moment.

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Brian Galloway
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Replying to @TonyOilman
About time!

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Gary Hayden
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Replying to @TonyOilman
Good or bad?

[urals] 07/11/2019 10:38

Well Chinese either Buyers have a big chunk of the awol 30%, or hopefully a white Knight to Gulf has. In any event, Scheme or offer (if the former) soon discover.