Gulf Keystone Petroleum Share Discussion Threads

[bubblingup] 10/9/2021 07:51

ISAs are exempt.

[broadford bay] 10/9/2021 07:02

Good morning Kman,

I assume the early indications from the drill (cuttings returned) showed oil - albeit heavy. The amount of oil being returned in the cuttings, or even flowing, must therefore have been enough for someone to make the judgement call "get the string back up and fit the pump FFS". You wouldn't fit an ESP to a well / string that didn't indicate it would be worth it.

The fact that the well wouldn't flow at the end of the day, or wouldn't flow ENOUGH back to surface, indicates to me at least that the viscosity of formation fluids down there may be much more mixed than they first thought - I mentioned the other day about the 11API zone.

Just a thought.

[highlander7] 10/9/2021 06:30

Note.

"The government has proposed a 1.25% increase in the tax on share dividend income alongside the same rise in national insurance"

Vote them out next time.

Try ReformUK

[highlander7] 10/9/2021 06:19

KHOR MOR gets $250m Financing from DFC
9th September 2021 in Iraq Oil & Gas News

Pearl Petroleum, the consortium led by Dana Gas and Crescent Petroleum of the UAE, has signed a $250 million financing agreement with the U.S. International Development Finance Corporation (DFC) to support the gas expansion works currently under way at the Khor Mor gas plant in the Kurdistan Region of Iraq (KRI).

DFC is the development finance arm of the U.S government and proceeds from the 7-year DFC financing will support an increase in gas production capacity by 50% to 690 million standard cubic feet (scf)/day to meet rising demand for clean natural gas for electricity generation and industry in the KRI. The total project cost is $630 million and the remaining financing has already been secured through a regional bank facility and the EPC contractor.

The KM-250 project is the first stage of a two-train expansion project at Khor Mor that aims to boost total production capacity to approach 1 billion scf/day. Work resumed in April 2021 after onsite construction was halted last year due to the COVID pandemic and is currently on track for completion by April 2023.

Total investment by Pearl Petroleum at Khor Mor to date exceeds US$2.1 billion with total cumulative production of over 341 million barrels of oil equivalent (boe) in natural gas and liquids. The uninterrupted supply of gas to power plants in Erbil, Chemchemal and Bazian has resulted in significant fuel cost savings and economic benefits for the Kurdistan Region and Iraq as a whole.

The gas produced to date has enabled emissions savings of 42 million tonnes of CO2 by displacing diesel fuel in power generation in the KRI, thereby making a major contribution to reducing greenhouse gas emissions and local air pollution in the region as well as supporting the transition to better energy sources to tackle global climate change.

============================================================================

So much for the "gas issue"

LOL

[ian_hannam] 10/9/2021 05:58

PF now has 57,500 capacity, see HY updateThey have that daily production in near sight now as SH13 on stream

[ian_hannam] 10/9/2021 05:36

#GKPTakeover announcement within daysHTTPS://twitter.com/Paul47293202/status/1434763738389811200?s=19

[ian_hannam] 10/9/2021 05:30

PF now has 57,500 capacity, see HY updateThey have that daily production in near sight now as SH13 on stream

[ian_hannam] 10/9/2021 05:28

SOLD BEFORE CHRISTMASYOU CAN TAKE THAT TO THE BANK

[ian_hannam] 10/9/2021 05:27

Sh 13 flowing 7,200 boe

[johnbuysghost] 10/9/2021 00:47

You just run along Bendog.

[bigdog5] 10/9/2021 00:29

Hype up the mildly positive, spin the iffy stuff but stay real quiet about the problems:-)

Leave it to those experts, lol.

[kurdman63] 09/9/2021 23:22

I never said it was.

It's the clueless ones that speculate.

[officerdigby] 09/9/2021 22:30

KURDMAN639 Sep '21 - 22:21 - 1489 of 1490
0 0 0
Water problem not reported.

Gas problem not reported.

And now a dud well not reported.

They will have to report it at some point.

Hey hey! So now it's not an RNS tomorrow?

[broadford bay] 09/9/2021 22:25

Who will carry the can for this...?

[kurdman63] 09/9/2021 22:21

Water problem not reported.

Gas problem not reported.

And now a dud well not reported.

They will have to report it at some point.

[bigdog5] 09/9/2021 22:00

It puts a whole tool box full of spanners in the works imho. But enough of the clueless delusional rampers.

nestofBS said S13 couldn't miss, lol

They all believe its 3 or more shards high, lol.

They reckon its 30 Kms wide, lol

highlander7 says the FDP is already agreed, lol.

They all say the CPR is wrong, lol.

They all say the company and hosts are hiding the Kozel barrels, lol.

I say the company still keep proving they don't understand the field after 12 years.

The mighty shaiCON and leave it to the experts lol.

[kurdman63] 09/9/2021 21:17

SH13 NEWS.

After nearly 2 weeks of testing and using various methods the well won't flow oil.
The ESP has been fitted but this hasn't helped.

Potential options ???

Comeback up the well to first case point and sidetrack in a different direction ???

Abandon the well and fit the pump to another well.

Opinion.

This could have implications for SH14 that's currently drilling from the same pad.

[kurdman63] 09/9/2021 21:16

Bigdog,

This really puts a spanner in the works !

They will probably have to rethink the whole drilling campaign and the knock on effects for the FDP.

Best leave it to the experts lol.

[bigdog5] 09/9/2021 21:08

Not only issues for S14 but the fabled and 6 years overdue 55k a day. Next year now for the 55k a day as I predicted?

Also another Reserves downgrade and what that means for the FDP.

Delayed news usually means it ain't gonna be good innit.