Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeover] 07/6/2020 13:36

Part 2? #BulletinBoardHeroes highlights some of the most followed stocks on the small-cap in this charting update @ZaksTradersCafe G3 Exploration #G3E BullishGulf Keystone Petroleum #GKP Break OutHarvest Minerals #HMI New target?https://t.co/AR3RU1jgg2 via @Share_Talk https://t.co/j7Zqbu4LBd

[nestoframpers] 07/6/2020 11:16

The Zagros are full of surprises.

[thicktony] 07/6/2020 11:08

At 256p ceo makes a big fat ZERO..... 2 chances of that slim and none, and slims left town.

Takeover will be minimum #$2.5bn which is a giveaway $5/boe
£8.75

Ceo would make about £20m

Definitely double figure pounds but not over 20 imo

[beernut] 07/6/2020 10:25

China Begins Consolidation Of $100+ Billion Oil & Gas Pipeline Industry

By Tsvetana Paraskova - Jun 05, 2020, 1:30 PM CDT
China has required the three biggest state-held oil corporations to transfer the management of half of their liquefied natural gas (LNG) terminals to the newly created state-controlled midstream firm, Caixin Global reported, citing industry insiders.


The transfer of 10 LNG terminals owned by China National Petroleum Corporation (CNPC), Sinopec, and China National Offshore Oil Corporation (CNOOC) is the first step in China’s plan to consolidate the oil and gas pipeline infrastructure into a new giant state-held midstream company.

At the end of last year, China launched the long-mooted state oil and gas pipeline group combining the infrastructure assets of the state-owned energy majors into one huge midstream group, which analysts say could be worth between US$80 billion and US$105 billion.

The new company is part of China’s efforts to allow its energy companies to focus on boosting exploration and production. Combining China’s pipeline infrastructure into one firm and opening access to this infrastructure to foreign and private producers would help the state oil and gas firms to focus on exploration at a time when China aims to increase its domestic production.

Earlier this year, CNOOC said it had signed with the new state pipeline giant to transfer to it the management of oil and gas infrastructure projects.

The ten LNG terminals that are set to be transferred to the new company include seven terminals currently managed by CNOOC, two terminals managed by CNPC, and one by Sinopec, according to Caixin.

The new state pipeline giant, China Oil & Gas Piping, will initially only have the right to manage the assets, while the oil and gas majors will still own the assets until audits are finalized. After the transfer of the LNG terminals to the new company, there still will be 11 other LNG facilities that will continue to be managed by the three oil and gas majors, Caixin’s sources said.

By Tsvetana Paraskova for Oilprice.com

[urals] 07/6/2020 10:12

Well given 50% of the CEO options have strike price at 256, I rather doubt it gets given away at his loss.....

[beernut] 07/6/2020 10:03

OPEC and its allies agree to reduce oil production till 31 July
The OPEC said: "Member Countries reaffirmed their continued focus on fundamentals for a stable and balanced oil market, in the interests of producers, consumers, and the global economy."

ANF NEWS DESK Sunday, 7 Jun 2020, 09:26
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to keep their oil supply at 9.7 million barrels per day (mbd) until 31 July.

The announcement was given by Iran's Oil Minister Bijan Zanganeh. "It was decided to extend the 9.7 million limit for one more month," the minister said in a videoconference attended by the countries responsible for the 60 percent of the global oil supply.

Zanganeh also announced that Iraq and other countries, which did not fully comply with the commitment to reduce production by 23 percent during May and June, will withdraw from the market those millions of barrels that pumped above the established quota.

In a public statement the OPEC said: "Member Countries reaffirmed their continued focus on fundamentals for a stable and balanced oil market, in the interests of producers, consumers, and the global economy."

[thicktony] 07/6/2020 06:30

At that metric 35-40 pounds per share

GKP how much would IOC pay to gain giant field (in production) 460m 2p reserves+ 190m 2c resources (at stroke of FDP signature they = 2p )?

I'll answer that for you, average $15/barrel

What sort of takeover valuation would that provide?

Btw it is a nailed on T/O, just TBA

[urals] 07/6/2020 05:57

Thick tony, personally I'm expecting $10-16/boe metricSo at £16-25Btw CT I base my sale price on 460m 2p reserves at $6.50 per reserve barrel.Thats around 3 bn dollars equals around 10.50 per share on current issue.Think they may cancel a few that would push it a bit higber

[urals] 07/6/2020 05:56

#GKP how much would IOC pay to gain giant field (in production) 460m 2p reserves+ 190m 2c resources (at stroke of FDP signature they = 2p )? I'll answer that for you, average $15/barrelWhat sort of takeover valuation would that provide?Btw it is a nailed on T/O, just TBA

[urals] 07/6/2020 05:54

#GKPRumour is often China, sinopec did approach gkp Dec 2016 , Bloomberg reported, not denied when asked by either partyCNPC 3.7bn total reserves Buying Gkp would add pushing 20%!Peeps don't understand STRATEGIC HUGE value Sale at £ XX will be a WTF black swanmoment

[urals] 07/6/2020 05:48

#GKPJune 2 handbrake released. https://t.co/OugnuA1lIf

[urals] 07/6/2020 05:48

Part 2? #BulletinBoardHeroes highlights some of the most followed stocks on the small-cap in this charting update @ZaksTradersCafe G3 Exploration #G3E BullishGulf Keystone Petroleum #GKP Break OutHarvest Minerals #HMI New target?https://t.co/AR3RU1jgg2 via @Share_Talk https://t.co/j7Zqbu4LBd

[urals] 07/6/2020 05:48

How many do people hold here pre the obvious takeover?I have 128, 007 across ISA, sipp and ungeared spread.Suspect there will be some with a lot more!!!

[urals] 07/6/2020 05:47

Thick tony, personally I'm expecting $10-16/boe metricSo at £16-25Btw CT I base my sale price on 460m 2p reserves at $6.50 per reserve barrel.Thats around 3 bn dollars equals around 10.50 per share on current issue.Think they may cancel a few that would push it a bit higber

[bigdog5] 07/6/2020 00:13

Even poorer old habSCAM, Frenchyshyte and rovershyte lol.

[bigdog5] 07/6/2020 00:11

Cutbacks to the falling production rate, oh dear that will mean even less money. But wait a moment, they're producing for free now so would that mean the company will continue to produce even less oil and pay the hosts for the privilege of doing so, LOL.

[mcfly02] 06/6/2020 20:58

I didn't say what the 7 figure some was you did and got it wrong !

Oh dear indeed 🤡

Also note that I owned virtually no shares before this allowance.

[bubblingup] 06/6/2020 20:45

1 million shares before consolidation is 10,000 after, costing approx. £8,300. Oh my.

[urals] 06/6/2020 20:41

"some" lolololol