Gulf Keystone Petroleum Share Discussion Threads

[sbb1x] 24/2/2021 17:28

Let's get to 55000bpd first.

[bigdog5] 24/2/2021 17:24

All this is correct as well.

Gross Reserves

2016 2P 622m CPR
2018 2P 615m (March)
2018 2P 615m (June)
2019 2P 591m (May)
2020 2P 578m (Sept)
2021 2P 505m (Feb) Latest CPR

Massive decrease between Sept 2020 and latest CPR numbers in Feb 2021.
Even allowing for four months production of say 6m that is a huge downgrade to the Gross figures. So obviously they have adjusted the Jurassic numbers for a reason. Looks rather like its the problems encountered with the oil/water contact at the target depths at S12/S13. That has therefore shrunk the Jurassic materially. The evidence is all there.

Also if and when the 2nd amendment to the PSC is agreed the WI of 80% (costs 80%) will drop to 58% (costs 64%).

[bigdog5] 24/2/2021 17:23

Nope its all correct habSHAM.

"And as for the tripe about reserves, you can forget about that as well. We know what's there".

So you're now saying what the company have announced is tripe and wrong? So where's your proof? Where's the data that will prove them wrong? Are you saying they're lying? Why would they lie? Four CPR's now and NONE of them have supported even a very small fraction of Kozel's barrels.

All you clowns have been telling us for years when the next CPR is announced that will show what the real numbers are. The company have now announced what the real numbers are and its a massive downgrade on what they were quoting only a few months ago. I posted up the numbers taken from the company's Presentations.

"The development of the field is in it's infancy and you can't FORMALLY quantify what hasn't been drilled".

Many more wells drilled since the very first CPR which will of course have supplied far more data and the company have announced the numbers. The fact is the new data is completely at odds with the original data from the Kozel years.

The reason being the Kozel BS barrels don't exist, the company has never made any reference to them and now after the recent 4th CPR have totally proved it.

Which is what a few of us have been telling you clueless delusional clowns for years.

[bravedog] 24/2/2021 17:19

@Sbb1

And 350,000bpd equals how much ?

[sbb1x] 24/2/2021 17:08

U.S. East Coast crude stockpiles last week dropped to lowest on record#EIA #OOTTU.S. crude imports fall 4.6m b/d, lowest since 1992#EIA #OOTT

[pensioner2] 24/2/2021 16:47

That late rally confirms it. Defo news tomorrow on payment. How do you join this club that knows of news in advance? Plus another white engulfing candlestick.

[sbb1x] 24/2/2021 16:46

Target 183s tomorrow!Better be quick on the buttons lol lol lol

[sbb1x] 24/2/2021 16:45

Excellent close my lions.Brent's in the 66s lovely jubbly!Just think oil was average 54/55s in January.Can't wait to see January payment based on 54/55s.Count down to 70$ oil Been telling all my lions this!.If you have the time and you can play the long game!44,500bpd equals 300 imo55,000bpd equals 420 imo

[gkphero] 24/2/2021 16:41

Yes Steephill, I smell a takeaway and it could be Chinese...............

[steephill cove] 24/2/2021 16:30

GENL share price only + 0.2 & GKP +5.7 percent....Somethings bubbling down Shaikan Way ;-)

[sbb1x] 24/2/2021 16:24

New 52 week high 178 boom...

[gkphero] 24/2/2021 16:23

Takeover is coming and it's coming by Easter 2021.

Make haste

[nufc9] 24/2/2021 16:21

WAHOOOOO GO TEAM HABSHAN


"SP rocketing!! Strap on for a £100+ per share. Kilt can strap on for Bigdog."

LOOOL

TAKEOVER INCOMING WAHOOOO

[steephill cove] 24/2/2021 16:13

Hello 177 :-)

[habshan] 24/2/2021 16:12

"So you're now saying what the company have announced is tripe and wrong?"

You can't get ANYTHING right can you Sarah.

It's what YOU said that's tripe and wrong.

You just don't understand anything do you.

Do you remember that post saying that you're an idiot that was ticked up by 44 people.

[gkphero] 24/2/2021 16:10

SP rocketing!!

Strap on for a £100+ per share.



Kilt can strap on for Bigdog.

[purple11] 24/2/2021 16:10

thats more like it pressing on to new highs gla

[steephill cove] 24/2/2021 16:09

Still climbing...Expect a RNS tomorrow:-)

[steephill cove] 24/2/2021 16:02

Up she goes....GKP powering into the close ;-)

[steephill cove] 24/2/2021 16:01

Hello 176 ;-)

[nufc9] 24/2/2021 15:49

BIGDOG, 24th Feb 2021 - "If it wasn't for the increased oil price it should be 50p (or 0.5p really)" LOOOOOOL

[sbb1x] 24/2/2021 15:32

EIA (wk ending 19 Feb)Crude: 1.285MCushing: 2.807MGasoline: 0.012MDistillates: -4.969M

[philj100] 24/2/2021 15:29

If my aunt had balls she'd be my uncle?