Gulf Keystone Petroleum Share Discussion Threads

[broadford bay] 25/3/2021 17:39

I think you're being very unfair...

SH output hit 44,600 bopd on 21st June 2015.

And, a few days later on 16th Aug-2015, hit a new record output of 45,063 bopd.

So, actually, producing LESS than it did five and three quarter years ago...

Shame on you!

LOL

I see over on the LSE they're hyperventilating again on IRR, NPV and such nonsense, doing projections on the Billions that are going to come their way.

[1waving] 25/3/2021 17:36

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Kurdistan gets another consignment of jabs, 43,000

[1waving] 25/3/2021 17:29

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Kurdistan region to be included in the petrodollar fund, a Parliamentary committee confirms

 2021-03-25 11:47

A-AA+

Shafaq News / The Parliamentary Regions and Governorates Committee announced that the Kurdistan Region will be included in the petrodollar fund within the 2021 general budget law.

The federal budget included an increase in the percentage of petrodollars that reached 5 dollars, and doubled the allocations for this sector from 500 billion to one trillion dinars to be invested in enhancing oil-producing governorates.

The head of the committee, Sherwan Al-Dubardani, told Shafaq News Agency, "The petrodollar fund was allocated to the oil-producing governorates and the region, but the amount was not specified and may range between 3 and 5 dollars per oil barrel."

Al-Dubardani added, "The purpose of this fund is to support the southern and central governorates to benefit from the petrodollars, to provide services to the people of the governorate."

"The funds allocated from the petrodollar fund will go directly to the oil-producing governorates and the Kurdistan Region", he concluded.





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[bigdog5] 25/3/2021 16:57

Oil price and share price took another mullering.

Both way too high. Oil stocks on the increase, countries going into more lockdowns and many seeking to increase their production quotas.

[bigdog5] 25/3/2021 16:44

"Can you also explain why the company has removed all presentations from Kozel days ???"

Mac, I noticed they all disappeared some time back.

Obviously they've been dumped as they don't believe and cannot possibly support them. The slate has been wiped clean of everything from the Kozel era.

The three previous CPR's have always been at odds with those original reports. The most recent CPR has now shown a huge downgrade to the reserves.

A few of us have been saying for a very long time that the reports from the Kozel days are incorrect and irrelevant. The evidence is clear, the Kozel barrels don't exist.

More evidence in the coming weeks if any was required.

You're welcome.

[ammu12] 25/3/2021 16:33

Isn't that the same for most oilies ? Enquest, pmo, tullow, BPOil price got something to do with it...Your argument just doesn't make sense...If you don't like it why are you here ?Shorting ?

[bigdog5] 25/3/2021 16:31

Six years to up production by 10%, a shareholder wipeout, huge downgrade to reserves and 1.7p, now that's "unlocking stakeholder value" for suckers innit:-)

[bigdog5] 25/3/2021 16:28

highlander725 Mar '21 - 16:01 - 627051 of 627055
0 3 0

"There are two main reasons for the lack of production in the past 5 years.

(1) GKP stopped investing while negotiating payments with the KRG

(2 ) The Chinese were carrying out due diligence on GKP. Checking all the wells/production figures/assessing the Reservoir and the Company in general . This is supported by the number of GKP specific studies carried out by CNPC and which have been previously posted on here.

Fact"

I note the Krankies tribute act has returned from his nap and is again posting his usual BS.

1) Nope completely wrong. It was serious issues with the field. Just look at the plans put in place after the great shareholder wipe out of July 2016. If you're referring to the 2nd amendment to the PSC how's that going, lol.

2) There were a few surveys done to a 2/3 wells by the Chinese on behalf of unrelated and unconnected parties. Have the Chinese made any approaches to the company, nope.

Congratulations h7 your record of getting everything wrong is intact. Have another nap and think up some more BS.

Give us another of your explanations on the gas reinjection and flaring plans as they were classics. Explain again why they're of no interest to the hosts or company and are at the bottom end of both of their priorities lists.

[habshan] 25/3/2021 16:22

"I wonder if Habscam 🤡 Wants to work out how much money has been lost by not working over the wells ???"

An equally valid question would be to ask how much money you have lost by not investing in GKP last summer.

If I'd listened to your ramblings and not invested in GKP last summer Tony I'd have lost, well let's not even go there.

Nufc would have lost £165,000.

[mcfly02] 25/3/2021 16:13

6 years and the experts have failed to maintain the wells resulting in massive production losses and massive losses in the bank account.

I wonder if Habscam 🤡 Wants to work out how much money has been lost by not working over the wells ???

Another one he won't answer 😂🤡

[habshan] 25/3/2021 16:02

"Not only did they only manage a 4.5k increase in 6 years really but shareholders lost 95% of their capital 🤷‍a94;️"

There you go Tony, you're getting there.

See if you can make the connection between those two facts. If you can you've cracked it.

But don't give yourself a headache.

Incidentally, in the last 6 years they've gone from 32kbpd to 44.5kbpd which is an increase of 12.5kbpd not 4.5kbpd.

[highlander7] 25/3/2021 16:01

There are two main reasons for the lack of production in the past 5 years.

(1) GKP stopped investing while negotiating payments with the KRG

(2 ) The Chinese were carrying out due diligence on GKP. Checking all the wells/production figures/assessing the Reservoir and the Company in general . This is supported by the number of GKP specific studies carried out by CNPC and which have been previously posted on here.

Fact

[mcfly02] 25/3/2021 15:57

Habscam 🤡

Not only did they only manage a 4.5k increase in 6 years but shareholders lost 95% of their capital 🤷‍a94;️

You seem to forget all this lol.

Can you also explain why the company has removed all presentations from Kozel days ???