Gulf Keystone Petroleum Share Discussion Threads

[thicktony] 03/7/2020 14:20

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

[mcfly02] 03/7/2020 14:19

From SlurryScot/Highlander on the LSE 🤡

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Say it often enough and it becomes true, well it does to the gullible.


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Jon Ferrier was addressing what the GKP IR Manager, Anastasia Vvedenskaya, had said to the company lawyers about OM63

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Anastasia was pushed from the company ! Can you prove that this was said to the company lawyers ??? Or are you making it up again 🤷‍a94;️

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and since HR are trained to assess people I can only assume she was 100% accurate..

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Again this is just your speculation dressed up as brainwashing fact.

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Hopefully the next GKP CEO will have enough sense / be strongly advised to avoid OM63 and his horrific niece.

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That might not be his decision to make.

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IMO

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Your opinion is that of a blog nobody !
Did I tell you that the letter was BoD approved ???

[pensioner2] 03/7/2020 14:01

Volume 270k @ 2pm. Looks like another day of big after hours buys going in.

[0ili0] 03/7/2020 13:29

Genel's attributable 2P Reserves are 123.8 million barrels. GKP have very substantially more. I doubt that the major shareholders would ever approve a deal which ignored the GKP assets lol

[bigdog5] 03/7/2020 13:28

I think you should read again what Mac has said about PF2 and consider the wells that supply it before keep banging on about the footprint. How are they doing production wise when you add up the barrels?

[thicktony] 03/7/2020 13:19

#GKPMorgan Stanley, Goldman Sachs, JPMorgan etc etc have held this to floor pre takeover to accumulate their now enormous positions.But as announcement, possibly competitive bids near, you can't hold it down indefinitely. https://t.co/USeuCYKtTR

[thicktony] 03/7/2020 13:18

GOOD MORNING YANKEE CONDOG

[bigdog5] 03/7/2020 13:17

"OD yes I have read them , but it was a while ago , and they have access to a lot more downhole and production data now. So there should be changes".

Mr "use to be in the Industry but still manages to get nothing correct" they do indeed have a great more info (and that's the problem) but what you fail to understand is that with all the issues with the field and the problems getting the oil out those numbers which have been falling due to production albeit paltry could easily be reduced. Just like Genel had to do a couple of times when they realised what was really going on. All about the structure and them thinking they understand but clearly they don't.

Happy to help.

[thicktony] 03/7/2020 13:15

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

[bigdog5] 03/7/2020 13:11

The test tube washer doesn't understand anything so too expect her to understand that CPR number 3 is tied into the FDP is way beyond her. Mol as I recall did announce some figures around 18/24 months ago that had Paul and his avatars all excited but they're of zero consequence here.

"First-rate management with a proven track-record (the most important factor for us)".

Well that's a massive fail then based on the history of missed and failed hyped up targets and plans.

"Good quality assets with a production bias".

Asset singular, has huge problems, production has fallen away to less than 5 years ago despite hundred's of millions being spent. None of the BS numbers that were announced to allow for huge troughing by Kozel and his mates have been discovered or proved. Gas flaring problems have seen the FDP kicked out by the hosts and now there's been put forward a new solution to the problem that revenue with a low oil price isn't going to cover. Only one ESP has been installed to date clear evidence that they won't be the solution. As I've said before it appears they will have to drill countless more wells which will be extremely expensive and getting them in the correct place judging by recent events even that seems beyond the "experts".

As for a strong balance sheet whilst it looks fairly healthy currently there is the debt of $100m to consider, a low oil price set to continue for a long time and zero progress with new wells which won't be "up and running" for ages. That's why so many staff have been "let go" and I doubt many of them will be able to re-employed fast.

Survival mode and it looks odds on that the company will not be able to remain independent for long. A merger looks the best you can hope for but all the signs are it will be for a pittance. Aimho of course but I do have an extremely high success rate with my views and predictions. And I'll add "innit" just for nestofBS as it confuses him. But that's not at all difficult.

Only 2 real, valid and official CPR's sarah. As for the "footprint" oh dear. Remember me saying the field has shrunk?

You're welcome.

[highlander7] 03/7/2020 13:02

OD yes I have read them , but it was a while ago , and they have access to a lot more downhole and production data now. So there should be changes.

But if I remember correctly the reason for ERCE CPR was for the change of listing.

Happy to be corrected.

[antondec] 03/7/2020 12:58

Genel might go for 1 Gen share for every 2 or 3 GkP shares held in a all share deal?

Cannot see anyone stumping up real cash right now officially - KRG envelopes aside. I expect the $500m back costs will vanish ....

No doubt the rampers will say their shares in the new company are worth £400 each now and the new entity GENK (ha) will be bought out imminently so the nutters have can at least keep spinning the same lie for another 10yrs On here

[officerdigby] 03/7/2020 11:33

H7 have you read GKP CPRs?

The reserves in current CPR are determined as what is likely to be extracted in during the PSC.

So you need new FDP to get significant change in the CPR.