Gulf Keystone Petroleum Share Discussion Threads

[highlander7] 10/12/2020 08:32

Tom Dobel used to say it was Todd that need adult supervision but all the time it was the Iraqi's.

Indeed, but the same Mr Dobell has had his fund removed and he has been replaced as Manager.

It was interesting to watch the total lack of concern about the rumuneration given to Mr Ferrier , after all the fuss he made about TK. The guy who found Shaikan in the first place. But then that was the issue , they would never have had the opportunity to steal our company had TK been around.

Remember this Gentlemen ... what goes round comes round.

IMO

[bigdog5] 10/12/2020 08:32

SOLDBY17THDEC10 Dec '20 - 08:27 - 616730 of 616731
0 0 0

"The Company will announce sale to a consortium led by new operator CNPC within a week."

If that is the case Paul why aren't the shares flying off the shelves for considerably more than 1p?

[bigdog5] 10/12/2020 08:29

Paul, in the grand scheme I would suggest that the 18m shares is of little importance.

[habshan] 10/12/2020 08:25

"Isn't it very odd that the company haven't advised their shareholders they have (according to a few of your avatars) cancelled those extremely expensive buybacks?"

If you don't read what the company tells you is it any wonder you haven't a clue what's going on Bigdog.

"As at 2 November 2020 the Company’s issued share capital consists of 210,370,502 common shares plus 1,000,000 common shares held in Treasury."

[bigdog5] 10/12/2020 08:25

Morning sarahgibbs. Could you let us have the "party line" of the Penge street gang's" view on why the company under JF have never endorsed the Kozel barrels?

Wouldn't you agree with me that it looks mighty strange for a company that has seen their share price plummet from £4.60 to 1p to miss an opportunity like that?

[bigdog5] 10/12/2020 08:15

Morning Paul.

Isn't it very odd that the company haven't advised their shareholders they have (according to a few of your avatars) cancelled those extremely expensive buybacks? Why miss an opportunity of putting out some reasonable news especially as there's been very little over the past five years.

[simonmurraycnpc] 10/12/2020 07:37

#GKP@Gulf_Keystone didn't RNS cancellation of 18.5m Treasury shares ?) but from their shareholder web page we know it was between Oct 15-Nov 2That cancellation FLAGS an agreed SALE TBA.And the gentle climb north started?Nov 2 ....:) https://t.co/6WTJO2iEXn

[beernut] 09/12/2020 21:55

Ps news just posted was from Oilprice website not an Iraq news station

[jackpotjack] 09/12/2020 21:51

Ha ha ha... it will never be resolved.Both sides playing a game and skimming cash.Human nature sadly

[beernut] 09/12/2020 21:50

Could this be Bingo

Kurdistan To Hand Over Oil Revenue To Iraq In Exchange For Funds

By Tsvetana Paraskova - Dec 09, 2020, 1:30 PM CST

The Kurdistan Regional Government (KRG) will comply with the recent Iraqi federal fiscal deficit bill under which the semi-autonomous region in Iraq is set to hand over an "unspecified amount of oil" to the federal government in exchange for Baghdad allocating funds for Kurdistan's civil servant salaries.

"The KRG will start implementing the duties they have as per the law, and will notify the responsible offices to do their part," KRG's Finance Minister, Awat Sheikh Janab, wrote in a letter to the Iraqi Ministry of Finance obtained by Rudaw English.

Last month, the Iraqi parliament approved a bill to take on more loans in order to pay for public workers' salaries as government revenues have significantly declined with the collapse in oil prices and the OPEC+ production cuts, which Iraq is making, and failing to comply.


Members of Parliament from the Kurdistan region walked out of the parliamentary session in November to protest against the deficit bill's terms. The new law says that in order for Kurdistan to receive its share of the new funds, it should hand over oil revenues from an unspecified amount of oil to the federal government of Iraq.

"The KRG agrees to all the points made in the fiscal deficit bill, and from now it is up to the federal government and Kurdish representatives in Baghdad to do their job," KRG's finance minister said at a news conference on Tuesday, as carried by Rudaw.

In October, the KRG said it was committed to the OPEC+ production cuts.


"KRG has no objection to the continuation of production reduction in accordance with the fair rate that has been agreed, provided that the federal government is fully committed to covering the dues and expenses of KRG loses as a result of reduced production levels," KRG spokesperson Jotiar Adil said at the time.

By Tsvetana Paraskova for Oilprice.co