Gulf Keystone Petroleum Share Discussion Threads

[beernut] 11/9/2021 12:00

Hi Highlander my thoughts too.

[nobull] 11/9/2021 11:26

Habshan,

"I suggest you go back into the archives and study the posts of Baabaablacksheep and Robert Waterhouse who posted under the Oil_Investor avatar.

It's all there and easily found."

Thanks.

Nestoframpers, thanks for those old slides. I've saved them all in my notes.

[highlander7] 11/9/2021 09:40

That’s Sweet of the US gov. What are they after.


(1) Another , larger military base.
(2) Political support for the US.
(3) US Companies given priority when it comes to Investment
(4) Keep the Russians and Chinese out of Kurdistan so far as is possible.

IMO

[beernut] 11/9/2021 09:31

That’s Sweet of the US gov. What are they after.


US finances $250 million for expanding gas plant in Kurdistan Region: Companies
Halgurd Sherwani
2021/09/08 15:55

Khor Mor gas plant in the Kurdistan Region's ChamChamal. (Photo: Oil and Gas Middle East)
Khor Mor gas plant in the Kurdistan Region's ChamChamal. (Photo: Oil and Gas Middle East)
Kurdistan Khor Mor Kurdistan Region Krg Dana Gas Development Finance Corporation Pearl Petroleum
ERBIL (Kurdistan 24) – The US government has contributed $250 million to expand the Khor Mor gas plant project in the Kurdistan Region, the managing companies announced on Wednesday.

The sum was financed by the US International Development Finance Corporation (DFC) to increase production capacity by 50 percent. This will account to 690 million standard cubic feet (scf)/day, according to a press release from Pearl Petroleum – a consortium led by the UAE’s Dana Gas and Crescent Petroleum.

The ultimate production goal for the gas plant is 1 billion standard cubic feet (scf)/day, according to the release.

“DFC’s investment in the Khor Mor expansion will substantially increase access to energy for people all across the Kurdistan Region of Iraq. This highly developmental project represents the United States’ continuing investment in the KRI (Kurdistan Region of Iraq),” Mr. Dev Jagadesan, the acting CEO of DFC, said.

The development project, which costs $630 million in total, is intended to meet the rising demand for clean natural gas for power generation and industrial use across the Kurdistan Region, according to the twin company.

Up until now, the gas production at the plant has prevented 42 million tons of CO2 going into the air, the company said.

The two companies have been working in the gas plant since 2007. They have exclusive rights to develop, produce, market, and sell petroleum.

[beernut] 11/9/2021 09:26

PM Barzani 'delighted' with new major Kurdistan Region gas agreement
Mustafa Shilani
2021/09/08 19:48

A petrochemical field in the autonomous Kurdistan Region. (Photo: Archive)
A petrochemical field in the autonomous Kurdistan Region. (Photo: Archive)
Kurdistan Kurdistan Dana Gas Electricity Gas Oil and Gas Chamchamal
ERBIL (Kurdistan 24) – Kurdistan Region Prime Minister Masrour Barzani on Wednesday publicly welcomed a newly-announced contract signed by UAE-based firm Dana Gas to finance the expansion of a major gas plant, remarking that he was "delighted" with the agreement.

Dana Gas has just signed a financing agreement worth $250 million with the American International Development Finance Corporation to contribute to financing the expansion at the Khor Mor gas field in the Kurdistan Region's Chamchamal.

The 7-year financing provided by the Corporation will contribute to increasing the production capacity of the Khor Mor plant by 50 percent to 690 million cubic feet of gas per day, in order to meet the increasing demand for clean natural gas to generate electricity in the region.

“This will increase our production of clean, cheap electricity; and create many jobs here in Kurdistan so we can build a better future for our homeland,” Prime Minister Barzani added.

[beernut] 11/9/2021 09:22

Hi Nest. My treat will be a Porsche boxter as a second car and maybe a fire blade or something like.
Be nice to get to the end and all meet up at the T/O party.
Gla

[the patriotic irishman] 11/9/2021 08:52

"why would a troll post all day / every day for ~10 years ?"


indeed, so... WHY ON EARTH WOULD YOU 🤔


ADVFN: highlander7
Member Since: 25 March 2008
Posts: 14,230


LSE: surreyscot
Member Since: 10 April 2012
Posts: 2,472




TROLL huh 😲

EXPERT huh 🐒

300p STRONG BUY huh 🤦‍a94;️



by eck me old highland leafy lane expert its a laugh a minute in ere 😂 😂 😂

[nestoframpers] 11/9/2021 08:52

Beernut Re 369 I have said $200 bll POO will happen for years it's obvious. Hardly any oil getting discovered , economic growth continuing cars having to be fossil fuel for a long time yet . Maybe the roads will be a lot quieter for GKP PIs to drive their Bentleys on at $200 ? PMSL

[k4n4k] 11/9/2021 08:17

Gaisman 🧠🧠 👍

Indeed, the 🦇💩 crazies have tried to suck the life out of the company. Still, they give you a good laugh for 5 minutes a day. 🤣🤣🤣

🛢️
29312;💭

[k4n4k] 11/9/2021 08:17

Gaisman 🧠🧠 👍

Indeed, the 🦇💩 crazies have tried to suck the life out of the company. Still, they give you a good laugh for 5 minutes a day. 🤣🤣🤣

🛢️
29312;💭

[highlander7] 11/9/2021 07:31

"I decided after reading the amount of energy expended discouraging investors, and on establishing the cash generation to forget a technical entry trade "


Indeed Gaisman , some of us have held that view for a while. For example why would a troll post all day / every day for ~10 years ? Then why would another group of 3- 4 join him and create multiple avatars each , here and on LSE , and why are all their posts so similiar and coordinated ? Unless all this is being orchestrated ?

As for the sale ? Well this oil price isnt going to last forever. The KRG/ICG politics will have to be "arranged" prior to the forthcoming elections and I imagine certain "vested" interests will be getting unsettled at events in the ME and current IMF investigations in Kurdistan /Iraq budgets and are planning to jump ship before the SHTF.

Hopefully.

[beernut] 11/9/2021 07:21

OIL & GAS
Oil price could hit $200 without new investments says Omani minister
10/09/2021
By Energy Voice
Oil prices could hit $200 per barrel if no new investments are made in the upstream oil and gas sector in the short-term, Oman's energy and minerals minister said yesterday in reply to the International Energy Agency's (IEAs) assessment for reaching net-zero emissions by 2050, reported S&P Global Platts.

[gaisman] 11/9/2021 07:19

640,000 posts here :)

I decided after reading the amount of energy expended discouraging investors, and on establishing the cash generation to forget a technical entry trade.

Instead I took 30,000 last week at VWAP 188.6 in my SIPP

Ii believe a takeover is inevitable.

Happy to wait and collect a tremendous yield meantime

[beernut] 11/9/2021 06:34

World’s Top Oil Guzzlers Surpass Pre-Pandemic Consumption
Bloomberg News

Updated on 9 September 2021, 08:20 BST
Chinese oil demand to rise 13% in 4Q from 2019: SIA Energy
Gasoline consumption improving in India, although diesel down
Some of the world’s biggest economies are seeing oil consumption turn the corner and even surpass pre-pandemic levels as falling Covid-19 infection rates drive a recovery in activity.

Oil demand in China, the world’s top energy consumer, will be 13% higher next quarter than in the same period in 2019 before the pandemic, according to SIA Energy. Indian fuel sales extended a rebound last month, while American consumption of petroleum products just hit a record high. Europe has also just had its best August for gasoline demand in 10 years, IHS Markit said.

[kurdman63] 10/9/2021 20:42

Good Evening Bigdog,

I been back and checked my information and it's correct.

I agree with your post on the ramptastic thread.

If you look back at news releases from last year you had the results early September and then an update on SH12 late November and an Ops update early December.

That RNS could be a long way off yet.

[nestoframpers] 10/9/2021 20:25

Crazy , the trolls are like Ex R they will not see anything other than melting ice and the end of the world PMSL.

Couple of Bob posts expertly showing up the trolls . He always noted the timing of new developments with other anomalies.

565473
534456

[broadford bay] 10/9/2021 20:16

The problem with Nesto's simplistic interpretation of Bob's posting(s) is that the Shaiken series of Reservoirs does NOT equate to a simple rectangular slab / layer cake.

The layer thickness may indeed be reasonably constant at ca 1km, but the Shaikan formations resembles more a series of bubbles whose exploitable contents are defined by the OWC.

At the high point of the bubbles, they may indeed be (in total) 1km in height/depth, but at their outer edges, as the bubble nears the OWC, that 1km tapers to zero.

Re the fracture intensity, there are areas within the SH field where the fracture porosity is almost zero.
There are also areas (depths) where the oil is tar-like and almost impossible to flow.

Understanding of the SH field / formations has changed enormously in the last 6 years since Bob's posting...and not for the better either.

[habshan] 10/9/2021 19:53

Bigdog - "We keep telling you morons the data from years ago is now completely worthless and irrelevant." "... shaiCON which has shrunk massively. Huge ramifications that will affect the Reserves"

The experts, the people who have all the data, disagree with you Sarah.

Jon Harris a week ago, the emphasis was his:-

"To date we have ONLY produced around 92 million stock tank barrels from a field that has ENORMOUS potential"

[shortsqueezer] 10/9/2021 19:53

What a great reminder Nest. Compare that with the twaddle that we are being deluged with day after day to try to steer us away from this investment. Chalk and cheese

[sbb1x] 10/9/2021 19:43

80$ oil coming boys, Girls and trannies!From operator reports, it is estimated that approximately 66.36% (1,207,783 barrels) of the current oil production in the Gulf of Mexico is shut in. BSEE estimates that approximately 75.55% of the gas production in the Gulf of Mexico is shut in. #oott https://t.co/ASE8HpPXj6

[sbb1x] 10/9/2021 19:41

U.S. Loans Exxon 1.5 Million More Barrels from Strategic Petroleum Reserve https://t.co/2ZtooyiibD

[shortsqueezer] 10/9/2021 19:27

Like shooting fish in a barrel :-)