Gulf Keystone Petroleum Share Discussion Threads

[highlander7] 23/4/2021 09:42

The Kurdish politicians who own a decent chunk will want to collect, BEFORE Baghdad gains control....

Yes they will, and Ill bet they will be adding shares. My view is they will all take the cash then head for either the USA or "leafy Surrey" where a few of them have houses.

LOL

[highlander7] 23/4/2021 09:18

HCL - currently being negotiated.

IMF - still doing risk and economic assessments.

GKP sold .....unknown.

IMO

[highlander7] 23/4/2021 09:16

That may be the case for relatively small asset purchases Mc, however I'm not so sure it would apply to something like GKP. The Chinese being the exception.

[nestoframpers] 23/4/2021 09:02

No HCL no IMF help and no GKP sale. Tick tock.

[mcflyo2] 23/4/2021 08:58

Just to confirm.....I'm a sad, single man that shuffles around with my flies half undone collecting slates that have fallen off my roof and making tombstones from them rather than thinking surely I should replace them, then again, I'm not house proud, I like flaking paint and wet rot....✈ᥧ9;💣🍾🥂

[nufc9] 23/4/2021 08:49

“they won't start drilling until September, so nothing before then and the price will just track oil."

Erm... last time oil was this high GKP were trading at £2.20+... glad you agree there is a lot of upside still to come 👍

[highlander7] 23/4/2021 07:34

Good find K4. Looks like they will push for the O&G Law.

[k4n4k] 23/4/2021 07:27

I thought doggie would be up early in the care home🤷‍♂️

🦁🦁🦁

[k4n4k] 23/4/2021 07:26

President of the Kurdistan region: Those who think that Article 140 is dead are 'deluded'

2021.04.23 - 01:38

The President of the Kurdistan Region, Nechirvan Barzani, called for "strengthening" the concept of citizenship in Iraq, and while noting that the application of Article 140 would solve all problems, he stressed that the legislation of the oil and gas law is important for the specificity and status of Kirkuk governorate.





Barzani said during his hosting of the "Bal Three" program, presented by colleagues, "Saif Ali, Zainab Rabie, and Hisham Ali," followed by "People", "It is the duty of everyone in the current stage to strengthen the concept of citizenship and build a true partnership capable of making Iraq a homeland for all components." .

The President of the Kurdistan region promised that "the main problem in Iraq lies in the way of thinking," noting that "democracy does not necessarily mean holding elections every 4 years."

Barzani considered that "the current generation of young people in Iraq is not the same as 10 years ago, as the current generation of Iraqi politicians does not accept slogans without content."

"The current stage is no longer a transitional stage, as we are on the verge of very important elections in the future."



The privacy of the Kirkuk situation

Barzani pointed out that "the Kirkuk problem has two sides: the first is natural resources. If there was an oil and gas law, everyone would be reassured, and for the solution to the Kirkuk problem there must be an oil and gas law. The second is the land problem, as Baghdad's insistence on not recognizing the existence of any Kurdish right." incorrect".



Controversial Article 140

The region’s president called for the implementation of Article 140 of the Iraqi constitution, and its implementation usually puts an end to all the problems of the Kurds and other nationalities in the disputed areas.

He described those who considered Article 140 "dead" as "illusions."



Kurdistan region and the displaced

Barzani pointed out that it was our duty in 2014, after ISIS took control of some areas, to open the doors to the displaced, and we received about two million displaced people from Iraq and Syria, we did not see any security threat from them, and we were happy with the return of many of them to their areas.

He emphasized that "good relations" were and are between the citizens of the Kurdistan region and the displaced.

[highlander7] 23/4/2021 06:30

Keep at it Doggie , you will grow up one day. LOL

Comedy gold.

[highlander7] 23/4/2021 05:39

This is what the stooges are on about. There may be a selloff before this is implemented. Biden is going to double CGT in the USA.

Capital Gains (Bloomberg)

Stocks look set to slip in Asia following broadbased declines in U.S. benchmarks as investors mulled a proposal for higher capital gains taxes. Futures pointed lower in Japan, Hong Kong and Australia. Speculation arose that traders may sell shares preemptively as Bloomberg News reported the Biden administration is considering a capital gains tax hike that could take the top rate for those earning $1 million or more as high as 43.4%. The dollar strengthened and Treasury yields dipped.

[highlander7] 23/4/2021 05:34

"ExxonMobil was the main contractor in West Qurna the first in 2010, but the field's profitability and attractiveness for future investment diminished in recent years due to difficult contractual terms."


In other words if you want any of us back - change the Contracts (PSC). The game has changed , the INOC's hold the cards now. Either that or have the Chinese running the country.

IMO