Gulf Keystone Petroleum Share Discussion Threads

[broadford bay] 29/7/2021 13:40

Just published by LIZZIE PORTER and RAWAZ TAHIR of Iraq Oil Report:


"Kurdistan gives oil companies 18-month deadline to end gas flaring
The unexpected directive could spur progress toward ending the wasteful and environmentally damaging practice of flaring, but it also raises concerns for oil companies.
The Kurdistan Regional Government’s Ministry of Natural Resources (MNR) has issued a directive to field operators that they have 18 months to halt the flaring of associated gas that is produced along with crude oil.

The July 13 order, a copy of which was seen by Iraq Oil Report, is a move to end the wasteful and environmentally disastrous practice of burning gas and other byproducts of crude production. But it is also likely to raise concerns among the international oil companies (IOCs) developing Kurdistan's oil fields, since the two-page letter does not address the key question of how the anti-flaring measures will affect the financial structure of projects where the MNR already owes hundreds of millions of dollars in backlogged invoices."

[pensioner2] 29/7/2021 13:38

It's not confounding logic, AttyG, if you're collecting as many of these as you can. Keep lots of low buy orders in the system and pick up as much as possible then it looks very logical - imo.

[mrtoddkozel] 29/7/2021 13:22

FOLLOW the SERIOUS moneyMeanwhile laugh at the sentiment battering clowns here LOLOLOL.DESPERATE they can't EVER stay away HTTPS://twitter.com/GoodnightCharl1/status/1418582956814315520?s=19

[mrtoddkozel] 29/7/2021 13:22

BIGDOG RE-ITERATES GUIDANCEBUY AS MANY AS YOU CAN ASAPTAKEOVER ANNOUNCEMENT IMMINENT

[mrtoddkozel] 29/7/2021 13:22

Goatcam network.... LOLOLOLOLWhy do you continue to oxygenate fraudsters????

[habshan] 29/7/2021 13:13

Broadford - "you are not privy to what information is available to the goatcam network - this state of affairs has been known to the network (and in much more detail) for some time. Thanks to Kman"

Except that the rest of us listened to it being discussed on 26th February 2020 or almost 18 months ago when Esa Ikaheimonen the Chief Financial Officer of Genel talked about it at the Oslo conference.

You don't have any experience of this sort of thing do you Broadford.

It's typical of ministries all over the developing world and is perfectly normal.

So if Tony has succeeded in flogging that to you as some kind of inside information Broadford then all I can say is that you seriously need to get out of that armchair and get out more.

Because you're so naive he's taking you for a sucker and you fall for it every time.

[mrtoddkozel] 29/7/2021 13:06

FOLLOW the SERIOUS moneyMeanwhile laugh at the sentiment battering clowns here LOLOLOL.DESPERATE they can't EVER stay away HTTPS://twitter.com/GoodnightCharl1/status/1418582956814315520?s=19

[mrtoddkozel] 29/7/2021 13:06

BIGDOG RE-ITERATES GUIDANCEBUY AS MANY AS YOU CAN ASAPTAKEOVER ANNOUNCEMENT IMMINENT

[mrtoddkozel] 29/7/2021 13:05

BIGDOG the CONFESSION :"I have to confess I have been working for 3 years for Morgan Stanley. My remit was to constantly attack PRO GKP sentiment, attack any avatar suggesting the company was, worth a fortune.My employer has over 14% of the stock now, and I have worked tirelessly, posting well over 26,000 times 24/7 for years helping them to build this huge stake, cheaply, extracting shares from retail who believed my BS.Just checkout my posting history, if you don't believe me, 26,630 sentiment attacking posts. I ONLY POST HERE ,NO OTHER STOCK.I am so SORRY. The company will shortly announce sale likely North of 30 quid a share and my employer will make several hundred million pounds. I would like to apologise for my behaviour, and encourage EVERYONE to buy as much of the stock as possible ASAP. "Please forgive me. By

[bigdog5] 29/7/2021 13:01

Still no news of the "accelerated" S13. What's the situation on S14? Keeping that quiet just in case there's more problems and they can "move the dates"?

The mushroom theory was never more in evidence than with this company for you suckers.

Water issues to fix.
Gas issues to fix.
Pressure issues that need the help of ESP's.
Sulphur issues to solve that never get a mention.
Extremely expensive flaring problems to fix.
Then there's the hosts problems that are now even in more disaray.
55k a day still on for the 4th Q or is my prediction looking favourite?
Oil for budget?
Oil Law?
No wonder the Major's have departed the "last great frontier".
Zero interest in a few barrels of very heavy and extremely difficult to extract oil.

Enjoy the dividends cos that's all you're getting from the Ratner of the oil world.

You're welcome.

[habshan] 29/7/2021 12:57

Broadford - "Ongoing reorganization = CHAOS
No-one knows what they are doing and what they are supposed to be doing."

So from the comfort of his armchair our armchair general thinks that the reorganization of a government ministry should be quick easy and seamless.

Now that the new minister has got his feet under the desk it looks like he too has identified the shortcomings of the Ministry of Natural Resources and has set about doing something about it.

Which can only be a good thing. You can't make an omelette without breaking eggs Broadford.

26th February 20 - From Esa Ikaheimonen the Chief Financial Officer of Genel in Oslo :-

"The other thing I should mention is to do with the really busy environment in Kurdistan. It's to do with the MNR lacking resources, so the time it takes to do sensible business development, the time it takes to get from an idea to execution is a frustration. It doesn't keep me awake at night but it is a frustration.
Now dealing with the other NOCs and natural resource holders elsewhere in the world, it's no better elsewhere and many places are a lot worse. But Kurdistan having quite a closely knit NOC type environment would have a great opportunity to differentiate itself and do a better job than their competitors, and by doing a better job they would allow companies to develop their business, grow faster and attract more capital to the region."

So reorganising the MNR is yet another step in the right direction.

Onward and upward.

[mrtoddkozel] 29/7/2021 12:57

LEVERAGED RECAPITALISATION pre sale the best optionThese could finish up imoSo do we get buyback announced ?Or a leveraged recapitalisation?Hostile bid?Or agreed sale?Or a mix.

[mrtoddkozel] 29/7/2021 12:56

FOLLOW the SERIOUS moneyMeanwhile laugh at the sentiment battering clowns here LOLOLOL.DESPERATE they can't EVER stay away HTTPS://twitter.com/GoodnightCharl1/status/1418582956814315520?s=19

[mrtoddkozel] 29/7/2021 12:55

BIGDOG the CONFESSION :"I have to confess I have been working for 3 years for Morgan Stanley. My remit was to constantly attack PRO GKP sentiment, attack any avatar suggesting the company was, worth a fortune.My employer has over 14% of the stock now, and I have worked tirelessly, posting well over 26,000 times 24/7 for years helping them to build this huge stake, cheaply, extracting shares from retail who believed my BS.Just checkout my posting history, if you don't believe me, 26,630 sentiment attacking posts. I ONLY POST HERE ,NO OTHER STOCK.I am so SORRY. The company will shortly announce sale likely North of 30 quid a share and my employer will make several hundred million pounds. I would like to apologise for my behaviour, and encourage EVERYONE to buy as much of the stock as possible ASAP. "Please forgive me. By

[mrtoddkozel] 29/7/2021 12:51

If always credit ex div stocks around 30mins prior to market open on day the stock goes ex div

[broadford bay] 29/7/2021 12:50

digger,

you are not privy to what information is available to the goatcam network - this state of affairs has been known to the network (and in much more detail) for some time.
Thanks to Kman

You should be very concerned at the implications for GKP's current plans.

Ascribe it to the HCL if that makes you sleep better at night.

Re the Tawke decline in output (even with the help of gas injection) - you really need to see the bigger picture.

Worse is such a relative term, but yes is the answer.

[attyg] 29/7/2021 12:48

pensioner2
It's a mystery to me.
The previous dividend was credited by IG on the Thursday night.

Spreadex have yet to credit the dividend - I am expecting it to be credited before tomorrow's opening, but will wait and see.

I think the market must be confused - why would the share price drop before it goes ex div on an ~8.5p dividend, with both GENL and oil positive on the day.

GKP just continues to confound logic - grossly undervalued and now confusion before it goes ex div.

FX rate may improve before GKP actually pay the dividend for share holders (I have just a tiny holding in certificated form)

[mrtoddkozel] 29/7/2021 12:47

BIGDOG the CONFESSION :"I have to confess I have been working for 3 years for Morgan Stanley. My remit was to constantly attack PRO GKP sentiment, attack any avatar suggesting the company was, worth a fortune.My employer has over 14% of the stock now, and I have worked tirelessly, posting well over 26,000 times 24/7 for years helping them to build this huge stake, cheaply, extracting shares from retail who believed my BS.Just checkout my posting history, if you don't believe me, 26,630 sentiment attacking posts. I ONLY POST HERE ,NO OTHER STOCK.I am so SORRY. The company will shortly announce sale likely North of 30 quid a share and my employer will make several hundred million pounds. I would like to apologise for my behaviour, and encourage EVERYONE to buy as much of the stock as possible ASAP. "Please forgive me. By

[mrtoddkozel] 29/7/2021 12:47

FOLLOW the SERIOUS moneyMeanwhile laugh at the sentiment battering clowns here LOLOLOL.DESPERATE they can't EVER stay away HTTPS://twitter.com/GoodnightCharl1/status/1418582956814315520?s=19

[officerdigby] 29/7/2021 12:44

BB - thanks for that.
Of course you only print the bit you have interest in promoting. With your own slice of inferred meaning, but hey you made me look at RNS fully!

In fact GENL/DNO done great job with reinjection leading to limited declines compared with previous years.

Perhaps the 'reorganisation' needed for other changes expected HCL etc. Perhaps there corruption issues are being address. Perhaps MNR with not be basket case after.

BUT OK read it however you want and do.

Could the final result be any worse?

[bamber gascoigne] 29/7/2021 12:40

Worsley - Cusick!

[bamber gascoigne] 29/7/2021 12:40

Worsley - Cusick!

[bigdog5] 29/7/2021 12:39

If the fractures, porosity, slides of domes and overlays on London were mentioned the laughs would have been heard at HQ I'll wager.

[mrtoddkozel] 29/7/2021 12:17

These could finish up imoSo do we get buyback announced ?Or a leveraged recapitalisation?Hostile bid?Or agreed sale?Or a mix.