Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 06/9/2021 17:01

Kurdman why would S12 need a workover?

Spud 7th June 2019.
Target the Butmah and depth reached at 2112 23 August 2019.
Target 53 metres higher than anticipated!!! Any clue there that they still don't understand the field?
Pump fitted.
No more info.
Then came Covid but production continued throughout 2020.

Then late 2020 they announced S12 has had a workover!!!
And has RETURNED to production up the well into the normal SAM.

Now bearing in mind and well documented that S12 was targetting the lower zone obviously to try to increase the Reserves from a different zone why does it 12 months later RETURN to production much higher up? If all was good in the Butmah why move it up the well? Why would any new well need a WORKOVER so early in its life if all was fine? Did it all go very wrong AFTER the pump was fitted?

Additional to all that up until September 2020 the company had been using a CPR and adjusting downwards for the produced number of barrels. Then the latest CPR comes out with whole new numbers that are massively reduced. Another clue?

Clear evidence that S12 found water which impacted the CPR numbers?

I rest my case. But there's so much more that "gets around".

[officerdigby] 06/9/2021 16:38

Ok I'm not gonna do that.However highest flow was 4.6 stable flow was 4k.Then you have suspension of ops.And production declined. Based on production before S12 refinish and after with 5k flow.One might guessitmate final flow of S12 in lower was ~2k? But it might be more if other parts were reducing also.Am I right?

[kurdman63] 06/9/2021 15:54

It's brew time so I'll play along.

Post up where they say what the well plan was before they started drilling.

So they produce 4.6k and then 4K ???

So why did it drop ???

Then they decided to come up well to only produce 5k.

Why did they decide to come up well ??? What changed ??? What did they find ???

Can you also put up the reported production figures over the last 4 years as they reported them in the Ops updates and when new wells came online.

The last two lines of your post give you away and I suspect your time here will shortly come to an end.

[shortsqueezer] 06/9/2021 15:22

What a dire existence

[fairenough11] 06/9/2021 15:09

highlander76 Sep '21 - 14:38 - 639988 of 639989
0 6 0
Gkp is so bad bigdog is here every single day. Lol


SINCE OCTOBER 2006

~ 15 YEARS


.......and before that he was employed on the RIFT OIL BB.

[officerdigby] 06/9/2021 15:08

Kurdy,The RNS state that it was tested at 4.6k put on production at 4k.Then about a year into covid they state a plan to get production up one part ofnpaln was to refinish S12 in upper Jurassic. So they did. There are some falls in daily production in the mean time. So maybe it fell to lower that's why I speculate maybe 2_3k during that time..? But there's nothing published on it. I'm sorry who ever you think I am I post and read BB to learn and share info. On a company.Remind me again why do you guys post?

[pensioner2] 06/9/2021 14:49

A good back-test of the 190 support there. Let's hope it holds until the golden cross is complete, which is looking like tomorrow.

[highlander7] 06/9/2021 14:38

Gkp is so bad bigdog is here every single day. Lol


SINCE OCTOBER 2006

~ 15 YEARS

[habshan] 06/9/2021 14:37

"Gkp is so bad bigdog is here every single day. Lol"

Every single day he's keen to tell us that the 9.75% of the field covered by the CPR has hundreds of millions of barrels of reserves in it.

Sounds pretty good to me.

[sbb1x] 06/9/2021 14:31

Gkp is so bad bigdog is here every single day. Lol

[ian_hannam] 06/9/2021 14:09

SOLD BEFORE Christmas....... ... WELL BEFORE. YOU CAN TAKE THAT TO THE BANK

[ian_hannam] 06/9/2021 14:08

WOOD MACKENZIE see GKP attractive  indy E + P for IOC  takeover . Base Kurdistan valuation regional metric $8/boe. Implications  for GKP?Potentially 25 QUID PLUS IN competitive M AND A scenariohttps://www.woodmac.com/reports/upstream-oil-and-gas-shaikan-9834258

[ian_hannam] 06/9/2021 14:07

LSE paid bashers, Putup, nobull, theoryman, CCC, all get tucked in on a Sunday lol, DOUBLE TIME, and hammering away today..... Lolololol.... what transparent clowns. Takeover announcement is imminent, clearly. There's several paid sentiment bashers operating 24/7 on retail bulletin boards advfn and LSEPUTUP THEORYMAN CCC DAVROS.BIGDOG ,NOBULL , KURDMAN ETC ETC with over 35,000 negative posts between them ALL HERE (LOLOLOLOL) are chief among them .Here's just SOME of the funds these BROKERS KNOCKERS have been helping to build HUGE STAKES kes pre very obvious TAKEOVER . Couldn't make it up really . HTTPS://t.co/Z88zToqHbm

[kurdman63] 06/9/2021 13:59

BigDog 😃

As I said earlier today it's a blog trap.

They can ask you to give them information and if you do they win.

You provide them information that they can run to the company and try and get the network disrupted they win.

You refuse to give them the information and they spend the rest of their days slagging you off. They win.

I'm beginning to think along the same lines as you about it being Hills or Carroll trying to be clever.

[beernut] 06/9/2021 13:44

India's crude runs set to move higher on improved oil demand, growth outlook

Author Sambit Mohanty
Editor Debiprasad Nayak


Indian refiners are increasingly boosting run rates amid new-found confidence that the revival in oil products demand growth is likely to be sustained, with some refiners already planning to lift runs to 100% of their capacities for the rest of the year.

Demand for gasoline hit pre-COVID levels and there are growing expectations that diesel demand would be at the pre-pandemic levels soon, although the outlook for jet fuel remains subdued. Analysts told S&P Global Platts that although the country is seeing a resurgence of the coronavirus in some pockets, it's not deep enough yet to make a large dent of overall demand.

"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.

"As I say this, the sales volume of petrol has already crossed pre-COVID level, with diesel likely to reach there in the next 2-3 months, say by Diwali," he added.

According to S&P Global Platts Analytics, India's refinery runs in the first seven months averaged 4.8 million b/d and are expected to rise to 5 million b/d for the remaining months, as demand improves in both domestic and export markets.

[kurdman63] 06/9/2021 13:42

SH12 didn't produce for 12 months in the lower Jurassic !

[johnbuysghost] 06/9/2021 13:38

GKP is an easy hold until £100 per share takeover.

[bigdog5] 06/9/2021 13:30

"Iraq closes major deal with Total to develop oil, gas, and energy projects"

Sold their top quality 36-39 API oil at less than $2pb and departed the last great frontier and headed South.

How strange:-)

[bigdog5] 06/9/2021 13:26

Steepy wanting company to borrow?

Is that what sunk his washing business?

[bigdog5] 06/9/2021 13:24

nestoframpers5 Sep '21 - 22:24 - 639930 of 639976
0 2 0

"If I thought the CPR was correct I'd have sold up when it came out. CPR gives about £5 a share".

LOL.

Net 290m (after back in) x $1.4 (BB's number) plus cash minus debt.

No one buys what isn't there or can't be proved. Kozel data proved BS by CPR's.

Insti's know they should have dumped at £3.

Overpriced now.

Reality no BS.

[bigdog5] 06/9/2021 13:10

No, goodbye Hills.

[officerdigby] 06/9/2021 13:01

Bigdog5 I'm quoting an RNS! It produced at 4k from the lower reservoir! After testing at 4.6k. think the 4k was a month of stable flow.Maybe you know that the production tailed off or there were other problems at a certain point. Care to enlighten? Or just imply?But it was changed over to the highrt reservoir a year later..