Gulf Keystone Petroleum Share Discussion Threads

[pensioner2] 19/10/2021 15:06

Bizaare trading today. It's half-tempting to put some more in but why raise the average? Oil traders waiting for API figures and mm's taking the share price down with Brent - which is now recovering.

[officerdigby] 19/10/2021 13:33

Big dog we we got the FDP master plan. B4 the goats! Goats out to grass

[bigdog5] 19/10/2021 13:30

What's the gist fantasists?

You lot really don't have any idea about realities, the Insti's, hosts and what things cost.

[pensioner2] 19/10/2021 13:15

The volume seems to have dropped right off. Either the traders can't make any money or the collectors have got what they want or don't want to pay over 220 for any more? Whatever it is I reckon they know the p.i.'s won't be selling at this price.

[officerdigby] 19/10/2021 13:03

Nest,
IS that drawing from the secret new FDP application...

FCA FCA!

[k4n4k] 19/10/2021 13:01

And you wonder why they moaned at Todd's pay check 😉

[pensioner2] 19/10/2021 12:56

The Magic Money Tree does exist, eh, eddie? We'll have to tell Donald Tusk.

[eddie47] 19/10/2021 12:51

At $100 oil and 55,000bpd I calculate that GKP would be earning $670m pa.

[pensioner2] 19/10/2021 12:50

They're all talking their own book. End of 2022?? More like end of 2021 imo.

[beernut] 19/10/2021 12:39

Refining Billionaire: $100 Oil Is Likely

By Tsvetana Paraskova - Oct 18, 2021, 1:00 PM CDT
With oil prices rallying in recent weeks, it looks like we are going to see $100 a barrel oil, John Catsimatidis, who is active in both the oil and food business, told FOX Business on Monday.

“With oil nearly at $84 this morning, we are going to see $100 oil, it looks like, there’s no sign of it stopping,” said Catsimatidis, who is chief executive of United Refining Company, and president and CEO of Gristedes, D’Agostino Foods, and the Red Apple Group.


“Food prices are going up tremendously,” Catsimatidis told FOX Business.

Food prices are going up very fast because nobody wants to be behind the curve, and everyone is raising prices, the executive said.

Catsimatidis expects prices to rise by 10 percent in the next 60 days, inflation not to go away any time soon, and supply-chain issues to likely persist through the middle of 2022.

The billionaire U.S. businessman with interests in the oil and food business, among others, is not alone in his forecast that oil prices could hit $100 per barrel.

Oil could hit $100 in case of a colder winter, some analysts and investment banks have said in recent weeks. Record-high natural gas prices are forcing some utilities to switch to oil derivatives instead, boosting demand for crude.

Surging natural gas prices, a cold winter, and the reopening of international airline travel could push oil prices to $100 per barrel and trigger the next economic crisis, Bank of America said in early October.

Recovering global oil demand could send oil prices to $100 a barrel at some point at the end of 2022, despite COVID challenges to demand this coming winter, according to one of the world’s largest independent oil traders, Trafigura.

It is “quite possible” that the WTI Crude oil prices reach $100 per barrel in light of growing global demand for energy commodities, Russian President Vladimir Putin said last week.

By Tsvetana Paraskova for Oilprice.com

[fairenough11] 19/10/2021 10:54

Agree,another dividend or buyback on it's way with Brent at these levels.

[pensioner2] 19/10/2021 10:46

Correct, beernut. Brent beginning its normal Tuesday climb. Currently $85.4. Our insti shareholders will insist on another divi soon when these oil prices start getting reflected in the amount received each month.

[pensioner2] 19/10/2021 09:05

Well, the novelty start fell flat as a fart. That uptrend is very strong now and the differential has gone positive. What's next, I wonder?

[nestoframpers] 19/10/2021 08:59

Who wants to control the world

[highlander7] 19/10/2021 08:53

More like " how would like to Contribute to the Conservative Party Gentlemen" I am sure we can work out "amicable" tax arrangements for you all if you do.


LOL

[jackpotjack] 19/10/2021 08:46

A few 20k at 2.20 popping in so far this am.

[pensioner2] 19/10/2021 08:10

I wonder what level the order's been placed at to try this start. Must be a biggie imo.

[highlander7] 19/10/2021 05:44

Goldmans....................Oil Supercycle

If there's one person who nailed the recent surge in energy prices, it has to be Jeff Currie, the Goldman Sachs commodities strategist who late last year predicted the start of a great bull market. His argument was unusual because it was partially predicated on the idea that a redistribution in wealth would drive demand for actual “things.”; While the rest of the world was just beginning to talk about supply shortages, a big part of Currie's commodities thesis was focused on surging demand coupled with pockets of supply disruptions.

In the latest episode of Odd Lots, we caught up with Currie and asked him to flesh out the argument. As he puts it, the demand factor is actually the big difference between a run-of-the-mill bull market in energy and a commodities supercycle (which Currie thinks we're now in). Or as he says:

"Every commodities supercycle is driven by low income groups, as well as every bout of inflation ... You know, gasoline barrels were at an all-time high this summer, and I can go across the board, the volumes. Just look at the level of demand of durable goods and everything like that. It's off the charts. So that's the reason why I think we're in a commodity supercycle. It's not because of anything else other than that simple observation that the volumetric demand growth we see right now and going forward is ... something that's hitting all the markets simultaneously. And that's really what is at the core of a supercycle. So Saudi [Arabia] losing production creates a bull market in oil, but that's not a supercycle."

The whole episode is well worth a listen.
You can follow Tracy Alloway on Twitter at @tracyalloway.

[highlander7] 19/10/2021 05:36

Ok so we burn the small volumes of H2S into Sulphur Dioxide . Which is hot. It rises into the atmosphere and is dispersed by the wind. You cant have it 2 ways. Pollution of Kurdistans atmosphere AND Acid Rain else where.

Flaring in this way has been going on for Decades. The hazard it poses is recognised in Process Engineering Design Specs and International Guidance (as I have told you lot frequently) and we manage it.

There is nothing any different in Kurdistan that is not going on worldwide. Stopping flaring effectively shuts down the whole Industry and bankrupts Kurdistan.

So of course they will do that (not).


H7

[highlander7] 19/10/2021 05:17

MALCY.................

Oil price

Nothing changes so it seems, even poor GDP numbers from China of 4.9%, which arrived along with lower industrial activity and crude imports in September couldn’t shake the bulls off their path. My existing hypothesis remains, not only is the 4th quarter tight but even tighter than the experts had expected pushing everything else into insignificance.

A glimmer and that is all it is, is that the US continues to add to the rig count which should in due course add to domestic production increases. Baker Hughes data shows that overall rigs last week were up 10 to 543 units with oil up 12 to 445, this is an increase of 100 rigs in the last six months, surely some sign of optimism when gasoline prices are still a dollar higher than a year ago.

Finally it is worth noting the moves that Ineos, led by Jim Ratcliffe is on the move in the hydrogen market, it has announced c.$2bn worth of investment in the green hydrogen market in Europe and in an article in yesterday’s Sunday Telegraph extolls its virtues and hope for the British Government to ‘get out of the blocks’.

[sbb1x] 19/10/2021 01:59

Watch thatNo thanks you pompous berk https://t.co/I4DTcYZpT4

[k4n4k] 18/10/2021 22:35

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