Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeover] 01/7/2020 08:46

#GKP???Its been surpressed Obviously as the entire corporate city community know it's an imminent takeover..But that can't last forever https://t.co/83oRnrNsvr

[xomhero] 01/7/2020 08:46

Just back from a wild boar and mushroom surprise power bap at the breakfast club.

Talk was all about GKP and how the company is worth at least £120 per share.

[chinese_takeover] 01/7/2020 08:46

#GKP in PLAYYet ANOTHER US Hedge fund appears holding over 6m shares. Precision Capital based big Apple.https://t.co/zCCuePmhY0

[chinese_takeover] 01/7/2020 08:46

#gkpRead hostile takeover tactics!Try googling "proxy fight" LOLIf their isn't friendly deal announced soon there will certainly be a hostile oneYou watching a corporate battle.CEO voted down falls on sword insurgent director plopped on BOD BLUE HORSESHOE LOVES ?? https://t.co/3SThxjFON7

[chinese_takeover] 01/7/2020 08:46

WHY THE TROLLS ARE HERE 24/7The Shaikan structure has a footprint the size of Greater London, plus the side lobe and the Cretaceous flanks. It is riddled with fractures and voids which are full of liquid oil. The Jurassic oil column is 950 metres thick and there is another 350 metres in the Cretaceous and Triassic.ERCE valued the undiscounted 2P oil reserves at $3.067 billion. There are also massive 2C and 3P oil Resources, plus 200 million barrels of very light condensate. GKP said in 2014 that ERCE had only included 10% of the formations in the Reserves and that the Oil In Place “hadn’t gone anywhereâ€?.The 24/7 trolls like the BIGDOG and macfly,patriotic Irishman etc etc try to persuade people reading the blog that GKP is not worth anything. But some of us know differently â€" and can prove it !LOL

[chinese_takeover] 01/7/2020 08:33

#GKP???Its been surpressed Obviously as the entire corporate city community know it's an imminent takeover..But that can't last forever https://t.co/83oRnrNsvr

[habshan] 01/7/2020 07:41

"If you would like to check the senior management on Gulfs site you will see that Bert has officially left.
I informed you on the 13th June. GoatCam 😉"

Brilliant. Months late as usual.

16th March - Development suspended.

FYR 23rd April - "we have stopped further expansion activity and are currently demobilising the team until circumstances improve. In process of reducing expatriate workforce by c.60%"

If there's no development why would you need a Development Manager.

And even when there IS development do you think it would stop if the Development Manager dropped dead.

As a non essential and very expensive expat Bertrand Demont would have been first on the list for "demobilising".

[urals] 01/7/2020 06:34

#GKP in PLAYYet ANOTHER US Hedge fund appears holding over 6m shares. Precision Capital based big Apple.https://t.co/zCCuePmhY0

[urals] 01/7/2020 06:33

#gkpRead hostile takeover tactics!Try googling "proxy fight" LOLIf their isn't friendly deal announced soon there will certainly be a hostile oneYou watching a corporate battle.CEO voted down falls on sword insurgent director plopped on BOD BLUE HORSESHOE LOVES ?? https://t.co/3SThxjFON7

[urals] 01/7/2020 06:33

WHY THE TROLLS ARE HERE 24/7The Shaikan structure has a footprint the size of Greater London, plus the side lobe and the Cretaceous flanks. It is riddled with fractures and voids which are full of liquid oil. The Jurassic oil column is 950 metres thick and there is another 350 metres in the Cretaceous and Triassic.ERCE valued the undiscounted 2P oil reserves at $3.067 billion. There are also massive 2C and 3P oil Resources, plus 200 million barrels of very light condensate. GKP said in 2014 that ERCE had only included 10% of the formations in the Reserves and that the Oil In Place “hadn’t gone anywhereâ€?.The 24/7 trolls like the BIGDOG and macfly,patriotic Irishman etc etc try to persuade people reading the blog that GKP is not worth anything. But some of us know differently â€" and can prove it !LOL

[highlander7] 01/7/2020 06:15

Oilman, you understand absolutely nothing.

SH-12 was drilled deep, into the Jurassic Butmah. GKP perforated the Butmah formation. Then it was logged and put it onto sustained test production. The results were good, as the company have already explained.

The Sargelu/Alan/Mus formation, which is higher up in the Jurassic, is known to be a more prolific producer. But Butmah development requires its characteristics to be established, which is what GKP are currently doing. i.e Should it be acidised or locally fractured, or make use of short horizontals. Without the testing, that cannot be established.

All perfectly normal.

[j0sekl] 30/6/2020 22:58

They certainly do, but since that 5% was well diluted with all other shareholders and TKI is completely under Gulf's control, there's no need to change a technicality.

So, do we think Waterhouse is going to use his experience in executive coaching to suggest Gulf a new CEO? 😆

[mcfly02] 30/6/2020 21:54

If you would like to check the senior management on Gulfs site you will see that Bert has officially left.

I informed you on the 13th June.

GoatCam 😉

[mcfly02] 30/6/2020 21:50

The target most definitely wouldn't of been met in August because of problems they haven't informed you of yet.

[nestoframpers] 30/6/2020 21:37

Oil needs are going to rise rapidily in the next 30 years , the Gov's know this but they are having to play keep the hippy's happy ATM



Lack of Sun spots = the grand solar minimum , in the last one the Thames froze.

Irony is that Northern Europeans will be migrating to Northern Africa ! Meanwhile POO will be $200 a bll at least.

[habshan] 30/6/2020 21:12

"Goatcam knows,let's not mention not hitting 55k or increasing production in 4 years."

"let's not mention not hitting 55k" - But for the virus we'd have hit 55k in the next two months.

"or increasing production in 4 years." - We're in the middle of a development programme that started only 2 years ago.

Here's why it started only 2 years ago:-

2017 - "The Company continues its dialogue with the MNR with the objective of achieving contractual and commercial clarity.

The Company is progressing in its ongoing discussions with the MNR regarding commercial and contractual conditions, in particular those around regular payments conforming to the Production Sharing Contract ("PSC"), and CRUDE MARKETING ARRANGEMENTS. Subject to a satisfactory resolution to these points, and partner approvals, we look forward to making further investments to maintain plateau production at the nameplate capacity of 40,000 bopd with a view to increasing to 55,000 bopd as soon as possible."

16/01/18:- Shaikan Crude Oil Sales Agreement Signed.

June 18:- "GKP and it's partner MOL reached agreement in June 2018 with the MNR to recommence investment into Shaikan towards an initial production target of 55kbpd.

If it hadn't been for the virus the 55k target would have been met in August.

You just can't keep up with all of this can you Sarah.

[0ili0] 30/6/2020 20:43

Unlocking the value in Shaikan. Well it's a job for someone I suppose.

[pensioner2] 30/6/2020 20:30

These after hours trades could go on for a while yet, imo. Voleon need just shy of 3m shares to undo their shorts but that 680k today will have made a hole in the deficit.

[chinese_takeover] 30/6/2020 20:07

Habshan - what's in the chia ziari zone? The Shaikan bonus level! Perpetual refill?

[chinese_takeover] 30/6/2020 20:06

#GKP in PLAYYet ANOTHER US Hedge fund appears holding over 6m shares. Precision Capital based big Apple.https://t.co/zCCuePmhY0

[chinese_takeover] 30/6/2020 20:06

#gkpRead hostile takeover tactics!Try googling "proxy fight" LOLIf their isn't friendly deal announced soon there will certainly be a hostile oneYou watching a corporate battle.CEO voted down falls on sword insurgent director plopped on BOD BLUE HORSESHOE LOVES ?? https://t.co/3SThxjFON7

[chinese_takeover] 30/6/2020 20:06

WHY THE TROLLS ARE HERE 24/7The Shaikan structure has a footprint the size of Greater London, plus the side lobe and the Cretaceous flanks. It is riddled with fractures and voids which are full of liquid oil. The Jurassic oil column is 950 metres thick and there is another 350 metres in the Cretaceous and Triassic.ERCE valued the undiscounted 2P oil reserves at $3.067 billion. There are also massive 2C and 3P oil Resources, plus 200 million barrels of very light condensate. GKP said in 2014 that ERCE had only included 10% of the formations in the Reserves and that the Oil In Place “hadn’t gone anywhereâ€?.The 24/7 trolls like the BIGDOG and macfly,patriotic Irishman etc etc try to persuade people reading the blog that GKP is not worth anything. But some of us know differently â€" and can prove it !LOL