Gulf Keystone Petroleum Share Discussion Threads

[urals] 08/6/2020 17:47

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[urals] 08/6/2020 17:47

#GKPused @MemeryCrystal for a decade Middling firm, division 1 ranked below 100th in UKFunnily enough they instructed @HSFlegal last Yr. Former 'magic circle' ranked 9 in UK, 27 GLOBALLY Wonder why they suddenly needed heavyweight Premier league?SOLD TBA https://t.co/jO95bLrG9m

[urals] 08/6/2020 17:47

30-40 for me Thick Tony Agree broadly Thick TonyBut I anticipate a sale at $6-10bn21-35 pounds if the shares in issue stay as they are.More if they are reduced.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£8.75Ceo would make about £20mDefinitely double figure pounds but not over 20 imo

[urals] 08/6/2020 17:47

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[bigdog5] 08/6/2020 17:39

What's happened to Urals/Chinese/steepy's imminent takeover that according to the Stockport bores definite view was sold 12 months ago?

Do you think he's been making it all up in a desperate hope of misleading everyone?

Have the buyback shares been cancelled as advised they would be by the same moron?

[urals] 08/6/2020 17:36

#GKPused @MemeryCrystal for a decade Middling firm, division 1 ranked below 100th in UKFunnily enough they instructed @HSFlegal last Yr. Former 'magic circle' ranked 9 in UK, 27 GLOBALLY Wonder why they suddenly needed heavyweight Premier league?SOLD TBA https://t.co/jO95bLrG9m

[urals] 08/6/2020 17:32

30-40 for me Thick Tony Agree broadly Thick TonyBut I anticipate a sale at $6-10bn21-35 pounds if the shares in issue stay as they are.More if they are reduced.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£8.75Ceo would make about £20mDefinitely double figure pounds but not over 20 imo

[urals] 08/6/2020 17:32

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[bigdog5] 08/6/2020 17:29

I'm well in front of you in terms of what the problems are with the field, always have been.

Ever considered the Insti's really don't understand the issues? Or have been advised of them?

[urals] 08/6/2020 17:22

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[back2basics1] 08/6/2020 16:33

Demand is slowly picking up, supply is dropping, investment has been seriously lacking in the O&G industry since late 2014 when crude prices plummeted, lost production cannot be easily restored in an investment lacking environment, and O&G still have no viable alternatives, at least for many many years to come! Hence, I can only see higher and higher crude prices and resulting GKP share price (which is currently trading way below fair value) here going forward overtime.

[chinese_takeover] 08/6/2020 16:26

30-40 for me Thick Tony Agree broadly Thick TonyBut I anticipate a sale at $6-10bn21-35 pounds if the shares in issue stay as they are.More if they are reduced.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£8.75Ceo would make about £20mDefinitely double figure pounds but not over 20 imo

[habshan] 08/6/2020 16:10

Bigdog - "Insti's just trading the oil price."

You haven't a clue have you Bigdog.

So you think that Institutions trade the oil price by buying and selling shares in small companies operating in places like Kurdistan.

They don't.

When Institutions want to trade the oil price Bigdog they trade oil, not companies like GKP.

They do so by buying and selling oil derivatives such as Futures Contracts on a Commodities Exchange.

They are called Futures Contracts because they give the buyer or seller the option to trade oil on a future date.

You just aren't up to speed with ANY of this are you.

[chinese_takeover] 08/6/2020 16:09

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[stockport loser] 08/6/2020 16:07

i think you find its Cashti the only one accumulating the cash.

[stockport loser] 08/6/2020 16:06

its great when they whack the share price up every now and again, gives it enough height for a fall, is Bob still trading the swings? Or is he just short these days?

[pensioner2] 08/6/2020 16:02

You forgot the plague and pestilence, Muttley. :):) But you are a laugh. If only you Yanks could do sarcasm.

[chinese_takeover] 08/6/2020 15:50

Artic Securities currently estimate, in their Base Case, that GKP will have accumulated $0.8 billion cash by 2026. They also estimate that GKP total assets, at the end of 2020, will be $650 million.This represents a very strong position. The current Brent price has returned GKP to profit. The company has announced on its new website that PF-1 and PF-2 will offer a combined production capacity of 55,000 BOPD by Christmas 2020. ( yes we all know its behind projections)Shaikan is a giant, largely undeveloped oilfield with multiple stacked reservoirs in an anticline as big as Greater London. The KRG see it as a key strategic asset, the development of which is for a major or Joint Venture . Its way way out of GKP’s league They do not have the resources .IMO

[bigdog5] 08/6/2020 15:49

Ever wondered why no one has made an offer for the company since the wipeout?

Too many problems?

Too much money required to be spent. Production falling, pressure falling, fluid issues, ESP's not able to solve and inadequate infrastructure.

Hosts bust, massive area risks.

Baghdad/Erbil relations.

So much uncertainty.

All for a paltry amount of production after 10 years and 166m net reserves.

Why would anyone be interested when much better quality oil can be bought easily.

Insti's just trading the oil price.

Not a boat I want to be on when its clear it only exists for those that can trough.

[pensioner2] 08/6/2020 15:42

Looks like the big boys want it as near to a quid as they can get it, Habshan. Big trades after close? Again?

[pensioner2] 08/6/2020 13:40

Look like they'll take 108.4 as a gap close. Let's see where it goes now. :)

Edit. Or maybe not.:)

Got there eventually. NOW let's see where it goes.