Gulf Keystone Petroleum Share Discussion Threads

[mcfly02] 22/3/2021 08:52

.☠️

[rexwempen] 22/3/2021 08:48

= New FDP agreed with BUYERS They must have reached agreement on terms with MNR for getting the lump of cash o/s backVery surprised they announced pre-emptively pre results next week..... Very interesting ....must have bigger news due then :)By my figures of prodn stays in guidance and poo similar, by year end they will have well over $250m cash in hand.Expect big div and buyback ANNOUNCEMENT (prob completion of off mkt ) imo then SALE after shares in issue concentrated

[rexwempen] 22/3/2021 08:48

FY RESULTS = 31 MARCH = TAKEOVER ANNOUNCEMENTTake that to the bankSold by Easter

[tess_tickle] 22/3/2021 08:47

MULTI MILLION DOLLAR 55,000 BARREL WORKOVER FAILS AT SHAIKAN

[pensioner2] 22/3/2021 08:28

Not many selling the news this morning.

[rexwempen] 22/3/2021 08:16

FY RESULTS = 31 MARCH = TAKEOVER ANNOUNCEMENTTake that to the bankSold by Easter

[rexwempen] 22/3/2021 08:15

They must have reached agreement on terms with MNR for getting the lump of cash o/s backVery surprised they announced pre-emptively pre results next week..... Very interesting ....must have bigger news due then :)By my figures of prodn stays in guidance and poo similar, by year end they will have well over $250m cash in hand.Expect big div and buyback ANNOUNCEMENT (prob completion of off mkt ) imo then SALE after shares in issue concentrated

[the patriotic irishman] 22/3/2021 08:14

"Guidance for 2021 average gross production remains unchanged at 40,000 to 44,000 bopd, with the increase in gross production towards 55,000 bopd expected to occur in Q1 2022"


2022 huh 👀


I thought our 'industry expert' (aka the one who likes to remind the trolls that he doesn't post on advfn) said it would be 'quick and easy' 😂 😂 😂




anyway todays RNS has got to be bad news for the multi alias spam gang as it doesn't sound like it is being sold anytime soon to me 😉



300p strong buy 🤦‍a94;️


holding strong until the bitter end - tralalalala 🙈

[pensioner2] 22/3/2021 07:59

About 70,00 trades held back from Friday gone through already this morning.

[habshan] 22/3/2021 07:44

Bigdog - "The fact that the ESP's that were in the plans 5 years ago haven't been installed across the wells. Join the clues up fantasists

Do you think they will be brave enough to install ESP's?

It needs ESP's but installing them has/will present more issues.

Pressure problems across the field but the planned "off the shelf" ESP's not installed and no explanations as why. But its well known."

"the ESP's look extremely risky."

ESPs Bigdog???

Clues Bigdog???

Jon Harris - "and installing electric submersible pumps in two existing wells."

[max2741] 22/3/2021 07:41

Goatcam never predicted this RNS !!

[rexwempen] 22/3/2021 07:29

They must have reached agreement on terms with MNR for getting the lump of cash o/s backVery surprised they announced pre-emptively pre results next week..... Very interesting ....must have bigger news due then :)By my figures of prodn stays in guidance and poo similar, by year end they will have well over $250m cash in hand.Expect big div and buyback ANNOUNCEMENT (prob completion of off mkt ) imo then SALE after shares in issue concentrated

[highlander7] 22/3/2021 07:27

and she still keeps posting this rubbish.

[highlander7] 22/3/2021 07:19

Remaining Capex required to deliver the 55,000 bopd programme is estimated to be $40-45 million net, resulting in total 2021 Capex of $55-65 million net.

Sounds like the Lead (Delivery) Time for kit is the issue. It is usually 6 - 9 months for the likes of Valves but can be ~ 2 years for Process Vessels.

IMO

[habshan] 22/3/2021 07:15

RNS.

Resumption of 55,000 bopd investment programme

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce the resumption of the Company's growth plans to ramp-up gross production towards 55,000 barrels of oil per day ("bopd").

Jon Harris, Gulf Keystone's Chief Executive Officer, said:

"After a year of successfully managing the impact of COVID-19 on our people and production operations at Shaikan, we are pleased to announce that we are resuming the 55,000 bopd expansion programme.

Workstreams have already begun, and we are targeting to restart the drilling of SH-13 in Q3 2021, subject to managing the continuing impact of COVID-19 on the movement of people, services and equipment."

With support from its partner Kalegran B.V. (a subsidiary of MOL Hungarian Oil & Gas plc), Gulf Keystone has restarted 55,000 bopd expansion activity. Considering the requirement to manage the ongoing impact of COVID-19 and to remobilise people, services and equipment, the Company currently expects drilling operations to begin in Q3 2021. Remaining expansion activity includes completion of SH-13, which was suspended last year, drilling SH-I, the final well in the programme from the same pad, and installing electric submersible pumps in two existing wells.

Guidance for 2021 average gross production remains unchanged at 40,000 to 44,000 bopd, with the increase in gross production towards 55,000 bopd expected to occur in Q1 2022. Remaining Capex required to deliver the 55,000 bopd programme is estimated to be $40-45 million net, resulting in total 2021 Capex of $55-65 million net.

[highlander7] 22/3/2021 05:35

Relax Doggie its a bulletin Board - for entertainment only and not to be taken seriously. Just like your good self.

LOL

[pensioner2] 21/3/2021 19:11

844k vaccinations today. Is Zahawi on piece work?

[rexwempen] 21/3/2021 18:58

FY RESULTS = 31 MARCH = TAKEOVER ANNOUNCEMENTTake that to the bankSold by Easter

[rexwempen] 21/3/2021 18:57

PRE TAKEOVER STAKEHOLDERSBLACK ROCK now have ACQUIRED 5.43% over 11,400,000 and INCREASING literally by the week having mugged OVER 2,150,000 from retail in FEBRUARY ALONE , as the most ,...........OBVIOUS TAKEOVER ever is IMMINENT.

[rexwempen] 21/3/2021 18:57

CNPC have bought GKPTBA

[rexwempen] 21/3/2021 18:56

HTTPS://twitter.com/GoodnightCharl1/status/1373546848393302017?s=19

[rexwempen] 21/3/2021 18:56

HTTPS://twitter.com/Paul47293202/status/1373539820224528388?s=19

[bigdog5] 21/3/2021 18:02

Wrong again as usual h7. No one is trying to get anyone to sell their shares. But it is amusing pointing out using the obvious evidence and facts that what you and your fellow clueless morons continue to post up is total BS.

Oil for budget agreement failed again then. But they keep saying its agreed!!!

More proof that nothing that gets announced from out that way can be believed?

[pensioner2] 21/3/2021 18:01

"blackmailing the wheels of pregnancy"? What's that all about?

Might still gap up tomorrow.

[highlander7] 21/3/2021 17:26

Indeed Rex.

An instant response - on a Sunday afternoon. LOL