Gulf Keystone Petroleum Share Discussion Threads

[nestoframpers] 18/6/2020 17:49

how do you watch the webinar of the AGM ?

[highlander7] 18/6/2020 16:23

Hello Broadfraud , so how is TRP doing these days ?

Must be heading for bankruptcy and delisting any week now I would have thought.

[cambradjones] 18/6/2020 15:22

Nice 80k buy.

[habshan] 18/6/2020 15:21

"You don't do "figure of speech" or understand "figuratively speaking" do you old chap?"

What I call it Broadford is a troll deliberately misrepresenting what the Chief Operations Officer has said in a cack handed attempt to put a negative spin on it and attribute something to him that he didn't say.

[chinese_takeover] 18/6/2020 15:18

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[chinese_takeover] 18/6/2020 15:18

Agree Thick TonyNo the AGM is tomorrow.rubber stamping as votes will be known already, proxies through to Computershare yesterday latest. Didn't bother voting myself.If the sale isn't announced, I would expect another buyback to Treasury as its the most profitable thing to do pre Sale.However if no cancellation of any of the existing Treasury stock, expect a hostile bid, as without cancellation, it must be being used as a hostile takeover protection.

[chinese_takeover] 18/6/2020 15:18

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[chinese_takeover] 18/6/2020 15:18

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[j0sekl] 18/6/2020 15:11

Broadford Bay18 Jun '20 - 14:05 - 607989 of 607989
0 0 0
I may not be a reservoir engineer,
-------
I am always bemused when H7 and the others mention that. They themselves have even less proximity and credentials to boot and it shows through in their completely senseless speculation and fabricated theories.

H7 knows what exactly?... Can we find one factual thing that he can hang his hat on? 😂

[mcfly02] 18/6/2020 15:06

Habscam 🤡

Cashti knows exactly who Stuart is lol.

Now why don't you find out what he thinks of his expertise ???

I note the share price is as flat as a fart.

So no takeover tomorrow then 😱🤡

[broadford bay] 18/6/2020 15:05

You don't do "figure of speech" or understand "figuratively speaking" do you old chap?

Never mind, you're not alone...

[chinese_takeover] 18/6/2020 14:49

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[chinese_takeover] 18/6/2020 14:49

Agree Thick TonyNo the AGM is tomorrow.rubber stamping as votes will be known already, proxies through to Computershare yesterday latest. Didn't bother voting myself.If the sale isn't announced, I would expect another buyback to Treasury as its the most profitable thing to do pre Sale.However if no cancellation of any of the existing Treasury stock, expect a hostile bid, as without cancellation, it must be being used as a hostile takeover protection.

[habshan] 18/6/2020 14:45

A couple of things there Broadford. You're all over the place.

"He said, She said, He didn't say, She didn't say..."

We're talking about what the COO Stuart Catterall said at the Capital Markets Day Presentation. Stuart Catterall is not a "she" Broadford and he wasn't arguing with somebody, he was giving a professional presentation to the City.

You DO know who Stuart Catterall is don't you Broadford?

Secondly:-

Broadford - "You were the one who brought up the subject of the "sealing" Anhydrite layer."
"The Anhydrite Layer to which you refer does not provide a continuous seal throughout its extent."

Where does he mention the word "seal" Broadford.

And where does he mention the word "continuous"..

SC - "you also have a natural barrier to the water flow in the form of an anhydrite layer."

SC- "and there is evidence from the appraisal wells of a tar mat along the bottom which is again likely to suppress water."

That and the siting and design of the wells mean that they aren't having a problem with water ingress.

If you can't read what people say Broadford it's no wonder you keep going off at a tangent.

[chinese_takeover] 18/6/2020 14:28

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[chinese_takeover] 18/6/2020 14:28

Agree Thick TonyNo the AGM is tomorrow.rubber stamping as votes will be known already, proxies through to Computershare yesterday latest. Didn't bother voting myself.If the sale isn't announced, I would expect another buyback to Treasury as its the most profitable thing to do pre Sale.However if no cancellation of any of the existing Treasury stock, expect a hostile bid, as without cancellation, it must be being used as a hostile takeover protection.

[chinese_takeover] 18/6/2020 14:28

Observation re. ACG Oilfield comparison - 13 Billion OIP , 135km 2 surface areaToday 10:489 different Owners in the ACG development consortium.Are the various Insti holders in GKP acting for would be consortia partners ? fighting for percentage ownership by building % stakes ?Is this what the relentless bitter battle of the bulletin boards has been about since 2012 ?Each Institution trying to up their percentage ?what did Kozel say ? why should small shareholders be squeezed out ?The AIOC (AzerbaijanInternational Oil Company) consortium, made of 10 different oil companies,from 6 different countries agreed the Production Sharing Agreement (PSA)terms with Azerbaijan in December, 1994. The PSA term is for 30 years atwhich time the field will revert back to Azerbaijan. BP operates the field onbehalf of the shareholders which include the following companies: BP34.14%, UNOCAL 10.28%, SOCAR 10%, LUKOIL 10%, Statoil 8.56%,ExxonMobil 8%, TPAO 6.75%, Devon 5.63%, Itochu 3.92% and Delta Hess2.72%.Excerpt from Doc below"The ACG structure covers approximately 135 square kilometres and has hada two phases of appraisal. The State Oil Company of Azerbaijan Republic(SOCAR) drilled 8 appraisal wells from 1982 ñ 1991 within the PSA boundary.AIOC has drilled a total of 5 appraisal wells and 4 sidetracks to date. Inaddition, the Chirag sector of the field has 15 development wells and hasbeen on production since 1997. Chirag is currently producing ~ 125,000 bopd"http://www.searchanddiscovery.com/pdfz/abstracts/pdf/2002/annual/EXTENDED/ndx_44667.pdf.htmlfrom WikipediaShaikan was declared a commercial discovery on August 1, 2012 following a five-well appraisal program.[12] In June 2013, the Field Development Plan was approved[4] and in December 2013 crude oil exports from the Shaikan field commenced.[3] Initially independent estimates placed the gross oil-in-place (OIP) volume at 13.7 billion barrels (P50) potentially making it one of the largest oilfields discovered in Iraqi Kurdistan.The oilfield covers an area of some 130 to 150 square kilometres (50 to 58 sq mi)

[broadford bay] 18/6/2020 14:27

HaHaHa...

He said, She said, He didn't say, She didn't say...

You were the one who brought up the subject of the"sealing" Anhydrite layer.

Notice how at the end he qualifies it by saying "we think"?

Thinking...not knowing...hoping

[habshan] 18/6/2020 14:21

"The Anhydrite Layer to which you refer does not provide a continuous seal throughout its extent and certainly not throughout the SH field."

Stuart Catterall hasn't said that it IS continuous Broadford.

What he said is that because of the geology and the precautions they've taken in the siting and design of the wells they aren't having a problem with water.

You clearly haven't grasped what Stuart Catterall is trying to tell you Broadford so here are the more relevant bits which I hope will make it easier for you.

"The Company tells us that we are producing dry otherwise known as clean oil."

"We take a lot of care over exactly where the wells go."

"You don't want to be too close to the water which you can pull up from the flanks, we're about 2-3 kms from the flanks, so we're quite some distance from the water."

"The SAM reservoir which is at the top of the Jurassic contains about two thirds of the reserves, the great thing about that is that the wells are a long way from the water underneath, you also have a natural barrier to the water flow in the form of an anhydrite layer."

"The lower Jurassic Butmah doesn't have the advantage of the anhydrite but we've designed the wells to stay well above the OWC and there is evidence from the appraisal wells of a tar mat along the bottom which is again likely to suppress water."

"Even at the bottom of the well we're 200 metres above the OWC."

"I wanted to address this issue because a couple of the other fields in Kurdistan have had problems with water but we think that the nature of Shaikan is quite different."

[broadford bay] 18/6/2020 14:05

I may not be a reservoir engineer, and I was brought up to associate the term "expert" with a know-all.

I do know what I'm talking about, unlike you.

Another google fool...

[highlander7] 18/6/2020 13:56

Broadfraud is well named . He is NOT a Reservoir engineer or any kind of O&G related engineer.


BB POST 579321 of 579339

I have never, ever claimed to be an "Expert" - not on ESP, not on turbines, not on geo-physical or -petroleum areas. Never.

I do have very specialist knowledge of several areas of technology, none of which I believe you even have an inkling of and all in the design & application of specialist engineering equipment not in the O&G industry.

I have always stayed clear of people who claim to be "experts", as they are generally anything but - except of course in their conceit and self-regard. Those who know me can confirm that I am anything but conceited or self-regarding - perhaps how I formulate my arguments, my grammar or whatever gets up some noses?

Re my support for Oilman and bigdog (Ren no longer posts so unfortunately I can no longer support his particular arguments), as I have said before, both of these gentlemen have been attacked and vilified to an extraordinary degree - Oilman and his wife were targeted to an extraordinary extent. I am happy to confirm my continued support for these 2 chaps - especially when they continue to point out your (generic use) failings.

What on earth do you expect on a BB where, for years and thousands of posts, nonsensical spam about "the barrels", "it's the Chinese", "it's the institutions robbing us", etc., etc., seem to rule? Anyone who challenges this nonsense deserves to be supported - and if their challenges are sometimes quite barbed and provocative, why are you surprised?

EDIT:
Quite forgot to mention the "ESPs cheap and easy to source and fit" posting of - classic.

In listening mode tonight...
Tschüss

[0ili0] 18/6/2020 13:54

Broadfraud, has The Minotaur fed you that nonsense? Pitiful.

[urals] 18/6/2020 13:47

Agree Thick TonyNo the AGM is tomorrow.rubber stamping as votes will be known already, proxies through to Computershare yesterday latest. Didn't bother voting myself.If the sale isn't announced, I would expect another buyback to Treasury as its the most profitable thing to do pre Sale.However if no cancellation of any of the existing Treasury stock, expect a hostile bid, as without cancellation, it must be being used as a hostile takeover protection.

[urals] 18/6/2020 13:46

SALE could be ANNOUNCED THIS FRIDAY soon AFTER imo as the LTIP resolution needs formal AGM sanction first, but its days away perhaps weeks certainly not months TOP 4 shareholders have in past 6 weeks ADDED :Astaris Capital now hold 34,669,058 +5.5MLansdowne Partners hold 32,544,316 + 3M Hof Hoorneman hold 17,839,450 +2.5M UBS Group 10,013,636 +600K

[urals] 18/6/2020 13:46

Observation re. ACG Oilfield comparison - 13 Billion OIP , 135km 2 surface areaToday 10:489 different Owners in the ACG development consortium.Are the various Insti holders in GKP acting for would be consortia partners ? fighting for percentage ownership by building % stakes ?Is this what the relentless bitter battle of the bulletin boards has been about since 2012 ?Each Institution trying to up their percentage ?what did Kozel say ? why should small shareholders be squeezed out ?The AIOC (AzerbaijanInternational Oil Company) consortium, made of 10 different oil companies,from 6 different countries agreed the Production Sharing Agreement (PSA)terms with Azerbaijan in December, 1994. The PSA term is for 30 years atwhich time the field will revert back to Azerbaijan. BP operates the field onbehalf of the shareholders which include the following companies: BP34.14%, UNOCAL 10.28%, SOCAR 10%, LUKOIL 10%, Statoil 8.56%,ExxonMobil 8%, TPAO 6.75%, Devon 5.63%, Itochu 3.92% and Delta Hess2.72%.Excerpt from Doc below"The ACG structure covers approximately 135 square kilometres and has hada two phases of appraisal. The State Oil Company of Azerbaijan Republic(SOCAR) drilled 8 appraisal wells from 1982 ñ 1991 within the PSA boundary.AIOC has drilled a total of 5 appraisal wells and 4 sidetracks to date. Inaddition, the Chirag sector of the field has 15 development wells and hasbeen on production since 1997. Chirag is currently producing ~ 125,000 bopd"http://www.searchanddiscovery.com/pdfz/abstracts/pdf/2002/annual/EXTENDED/ndx_44667.pdf.htmlfrom WikipediaShaikan was declared a commercial discovery on August 1, 2012 following a five-well appraisal program.[12] In June 2013, the Field Development Plan was approved[4] and in December 2013 crude oil exports from the Shaikan field commenced.[3] Initially independent estimates placed the gross oil-in-place (OIP) volume at 13.7 billion barrels (P50) potentially making it one of the largest oilfields discovered in Iraqi Kurdistan.The oilfield covers an area of some 130 to 150 square kilometres (50 to 58 sq mi)