Gulf Keystone Petroleum Share Discussion Threads

[eddie47] 18/5/2021 09:08

I noticed he was very sheepish at the Dublin AGM 2016 and slipped out of the room at the end to avoid circulating with the PIs.

[pensioner2] 18/5/2021 09:05

That's a fair question, eddie. It was strange how he resigned GKP once all the hard work was done. Hanging around would have been a just reward for his efforts - unless he's getting that in another way.

[beernut] 18/5/2021 09:05

Wasn’t it CNPC that did the logging samples on Shaiken a year or two ago.

Sinopec own/ partner CNPC.

Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others.

[eddie47] 18/5/2021 09:01

Was Sami Zouari really working for Sinopec all along?

[beernut] 18/5/2021 08:52

Parliament Waiting for Political Parties’ Opinion to Resume Drafting of Kurdistan Constitution
Basnews English 2021/05/17 - 15:39 Kurdistan


ERBIL — Kurdistan Region Parliament is now waiting for the official opinion of the political parties in the region to resume the drafting process of the Constitution of Kurdistan.

Head of Parliament’s Media and Communication Department, Saman Ahmed, told Kurdistan 24 that the political parties have been notified to deliver their official opinion, which is expected to happen this week.

The parliament, through its specialized committees, has already drafted 70 articles from the future constitution. It is now asking if the political parties prefer the process to resume from where it was left, or begin with a new framework.

MP Zana Mala Khalid, from the ruling Kurdistan Democratic Party (KDP), said his party believes the participation of not only the parliamentary factions, but the political parties, including religious minorities, is crucial to build a powerful constitution.

The parliament itself is in favor of preparing the constitution before the upcoming parliamentary elections in Kurdistan, and to approve it during the referendum in which people could directly vote for or against it.

[beernut] 18/5/2021 08:48

Sinopec squired Addax / oryx group back in 2009 after bidding war with Korea oil.
Sami zoura left Gkp and now works for Oryx kurdistan
Mmmm

[hangthedj] 18/5/2021 08:27

Payments - Just checking I have this right?
KRG have been stretching agreed 15 days payment schedule to about 45 days and next payment is due by end of May on the 60 day terms imposed on us.

Last payment - oil produced Feb - invoiced 1st March (presumably) - paid on 12th Apr.

Next payment - oil produced Mar - invoiced 1st April - payment due by end of May (allowing 60 days)

[eddie47] 18/5/2021 07:27

More stories of Sinopec looking at M&A. Now let's see if there is going to be speculation of the targets! LOL.

[beernut] 18/5/2021 06:21

China’s Sinopec eyes upstream M&A

Chinese national oil company Sinopec is eyeing upstream merger and acquisition opportunities.
18/05/2021, 5:09 am
By Damon Evans

A China Petroleum & Chemical Corp. (Sinopec) logo is displayed on a podium at a news conference in Hong Kong, China. Photographer: Justin Chin/Bloomberg
A China Petroleum & Chemical Corp. (Sinopec) logo is displayed on a podium at a news conference in Hong Kong, China. Photographer: Justin Chin/Bloomberg
Chinese national oil company Sinopec is eyeing upstream merger and acquisition opportunities.

“Sinopec continues to acknowledge that its upstream resource foundations are weaker versus peers, and this could be an area of M&A. Given strong chemicals growth and spreads, it doesn’t expect to be making acquisitions in the chemicals segment near term,” reported investment bank Macquarie.

Presenting at the Macquarie DELTAH conference, Sinopec reiterated it sees $60 to $75 per barrel oil prices as a sweet spot where all businesses are quite profitable. Macquarie sees the current macro settings as very attractive. If oil prices do start to track above $75/b, some pressure starts to emerge with windfall profits tax, price caps and declining chemical margins, reported Macquarie.

Sinopec’s 10 hydrogen refuelling stations are already profitable after accounting for subsidy. Sinopec intends to build up to 1,000 stations during the 14th full year plan period, and expects unit costs of hydrogen distribution will fall dramatically – it is the largest hydrogen distributor and intends to accumulate more experience in hydrogen marketing. It intends to increase capacity in green hydrogen. Currently, it is effectively distributing grey hydrogen to kickstart refuelling demand, said Macquarie.

[sbb1x] 18/5/2021 05:33

Good morning LionsBrent 69.71$If we don't get into 70$ oil today I'll be shocked.Might see a Big fat oil draw tonight fingers crossed Big love x

[gazebo79] 17/5/2021 21:33

Thought id have a change of scenery from LSE.212million shares with 50mil$ divedends. Whens the rocket coming.Gotta be some serious volume before long.People of the planet must like seeing a return like above so im expecting the volume before long .GL

[pensioner2] 17/5/2021 20:37

Brent now just a smidgen under $70. Pre-covid it was comfortably in the 70's. If we're now post-covid then it would be reasonable to expect it to reach those levels again at least.

[smallukdog] 17/5/2021 19:47

Agreed ToddVery unusual, 2nd Div would normally be paid post HY results in SEPTEMBER, total div in fact would be spread. And individual record dates notified far nearer the time, so unusual.... Yes a buyback would be concentrative, soon see if so, as AGM notice at most days away. xxxxxxI am aware many are not familiar with corporate actions.You can see the payment timeline of dividends is accelerated over norms, as is the announcement declaration of both record dates and payment dates.This is because there will be no HY results published to market.The company will be delisted before then , as it is SOLD TBA.It is very likely a buyback will be announced prior.Several people are trying to help retail , as best stock market regulations permit.xxxxx

[smallukdog] 17/5/2021 19:37

LSELolololol

[spark plug] 17/5/2021 16:51

Oil back to $69.36 - let's hope it pushes on through $70 this time

[spark plug] 17/5/2021 16:47

Someone still accumulating!

[sbb1x] 17/5/2021 16:37

Closed @166.00Brent 69.36$Won't take much to close the gaps 174 and 182.

[steephill cove] 17/5/2021 15:59

Reversal & now getting stronger into close. Await out of hours..

Lots of MM small sell autobot activity, trying to hold GKP share price back, but up we go ;-)