Gulf Keystone Petroleum Share Discussion Threads

[bluehorseshoe_loves_gkp] 25/3/2021 03:39

Oil and Gas Tracker HTTPS://twitter.com/OilGasTracker/status/1373935476638355456?s=19

[bluehorseshoe_loves_gkp] 25/3/2021 03:38

UBS add 750,000 in past 2 weeks to go over 13 million

[bigdog5] 25/3/2021 00:52

Quality of the asset? Was he talking about the one that's just had a massive downgrade to the Jurassic? The only zone they drill to. The one that according to a poster that's called virtually everything spot on for years has found wet stuff at the recent wells? The one that he banged on about unlocking stakeholder value before it was taken by the Bh's for a pittance wiping out investors? The one that he then banged on about unlocking stakeholder value for the next five years whilst presiding over a huge fall in production that has only recently got back to 40k a day? The one that's got falling pressure across the field and they've been unable to install the ESP's they were talking of doing in Sept 2016 Presentations? The one that's just had a new CPR (the 4th) that has clearly shown up a massive downgrade to the Reserves? The one that its clear they still don't understand after 11 years and 13 wells? The one that has 505m GROSS of which the hosts can farm into anywhere between 27.5% and 35%? That one?

[nestoframpers] 24/3/2021 23:09

It's pointless telling em OAP I gave up years ago.

Bob ( RIP) had it right it's FP thats key. Luckily Shaikan is "like a bath of oil with some rocks thrown in " JG.

[pensioner2] 24/3/2021 22:46

This is JF as recently as 16/12/20 in the corporate update:

This is a clear testament to not only the quality of the asset, from which there remains significant untapped potential, but also the professionalism and dedication of the team.

This was you, Muttley, 1/2 hr ago:

Just look at the evidence. No reference made in all of JF's tenure so he obviously didn't believe in them.

You post so much rubbish that you forget what you've posted.

[bigdog5] 24/3/2021 22:30

You can smell the desperation here when its needs a ship to run aground to help prop up the oil price:-)

[bigdog5] 24/3/2021 22:25

Another 40k off the already hugely depleted reserves due to a massive downgrade to the Jurassic. Cretaceous is tar and worthless and they don't go to the Triassic which has now been shifted into the 3C obviously because they no longer have any confidence that they are there. Not an auspicious start for the new boy to arrive at the same time as a downgrade. Now weren't a few of you delusional clowns stating that the new CEO would rock up and make big announcements? Got it wrong again didn't you but you are consistent innit:-)

[bigdog5] 24/3/2021 22:15

Poor old highlander7 has yet again grabbed the wrong end of the stick. The project to which I refer would be too big for the company to take on simply because they don't have the resources (money and expertise) to try and ramp up the production above the years overdue and in full retreat 55k a day. If they are able to find a gas cap its going to cost them up to $400m and that isn't going to come from self funding. So more borrowing.

Additional to that the Kozel barrels just don't exist so it would be a waste of time and funds which could bust them. If no gas cap is found it will mean multiple expensive new wells and as we've already seen the Jurassic just isn't what they hoped it was.

More proof that the Kozel barrels are fantasy to arrive in the coming weeks.

Best you can hope for is a cheap merger simply because no one has shown any interest. The reason being they know the barrels are fantasy and have been ramped up out of all proportion. Just look at the evidence. No reference made in all of JF's tenure so he obviously didn't believe in them. None of the hosts 45b found in the same period. All smoke and mirrors for negotiations?

[beernut] 24/3/2021 21:07

Suez canal blockage sends oil prices rebounding after sell-off
The grounding of a container ship in the crucial waterway has blocked traffic, raising fears of crude oil supply disruptions.
The 400-meter long container ship Ever Given’s hull became wedged length-ways across the Suez Canal on Tuesday, causing a gridlock of at least 100 vessels [Handout: Marina Passos/Suez Canal via AFP]
The 400-meter long container ship Ever Given’s hull became wedged length-ways across the Suez Canal on Tuesday, causing a gridlock of at least 100 vessels [Handout: Marina Passos/Suez Canal via AFP]
By
Sharon Cho
Bloomberg
24 Mar 2021
Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell-off that’s driven prices to the lowest level since early February.


Futures in New York added 1% after news of the grounding, giving the market a reprieve amid mounting signs of weakness. Oil prices slumped below $60 a barrel on Tuesday and have tumbled more than 12% in less than two weeks on a series of factors including softening physical demand and the unwinding of long positions. The prompt timespread for global Brent crude has also flipped into a bearish structure for the first time since January.

[pensioner2] 24/3/2021 20:57

I was wondering more along the lines of ensuring any deal is squeaky clean?

[bluehorseshoe_loves_gkp] 24/3/2021 20:29

Find ANY OTHER LSE quoted company that updates it's major 10 holders every 2 weeks?LolGood luck with that.

[pensioner2] 24/3/2021 20:00

New list of major shareholders as at 15/3/21 is little changed except UBS have gone up from 6.08% to 6.44%. Brightsphere up to 2.5% (from 2.47%) have knocked Barclays (2.48%) out of the top ten again. They seem to have got this list out ultra-promptly compared to recent ones. I wonder why they need to do this? Do you know, CNPC? Is it to do with being able to prove keeping shareholders up to date for some reason?

[nestoframpers] 24/3/2021 19:16

With an American mandate .. Iraq agrees to drill 96 oil wells Erdoelarbeiter
Time: 03/24/2021 00:17:35

{Economist: Al Furat News} The Iraqi Council of Ministers agreed, on Tuesday, to refer a tender to dig a large number of oil wells to an American company.

According to the Media Office of the Council of Ministers, in a statement that the Council "approved the approval of the recommendation of the Ministerial Council for Energy (33 for the year 2021), which includes the approval of the award of the tender contract (WQ0691), the drilling of 96 wells in a turnkey method, Basra Oil Company / ExxonMobil, In the custody of the American company (Schlumberger).

He pointed out that the value of the tender was "in a total amount of 480 million 566 thousand and 597 dollars, which is {14.4%} less than the estimated cost of 5 billion and 616 million dollars, which is within the percentage permitted in the instructions."

And the Council of Ministers decided, "The Ministry of Oil bears the technical and financial aspects and the extent to which the contract amount is proportional to the tender, as far as it is related to financial viability."

And Iraq, the second largest producer of crude oil in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, with an average production of 4.6 million barrels per day in normal conditions, and depends on oil revenues to finance up to 90 percent of state expenditures.

Ammar Al-Masoudi

[bluehorseshoe_loves_gkp] 24/3/2021 18:50

HTTPS://twitter.com/OilGasTracker/status/1373935476638355456?s=19

[bluehorseshoe_loves_gkp] 24/3/2021 18:49

HOF HOERNEMAN add 750,000 in past 2 weeks to go over 22 millionLolHTTPS://twitter.com/Paul47293202/status/1374791400894689287?s=19

[bluehorseshoe_loves_gkp] 24/3/2021 18:49

AgreeWe have bought GKPLock stock and barrelAnnounced next week

[davr0s] 24/3/2021 18:46

Now 250 days since the takeover was "imminent" (multiple "it's going to happen by then" have come and gone) and they say it's due by Easter again. I'll drop by then and lo and behold they will all have disappeared and there will be no takeover

[bluehorseshoe_loves_gkp] 24/3/2021 18:42

HOF HOERNEMAN add 750,000 in past 2 weeks to go over 22 millionLolHTTPS://twitter.com/Paul47293202/status/1374791400894689287?s=19

[ammu12] 24/3/2021 17:34

Brent 64++Good luck shorters