Gulf Keystone Petroleum Share Discussion Threads

[pensioner2] 08/11/2021 16:35

Oh, look. We've got a doji at the end of a downtrend. I wonder what that means?

[goatcam] 08/11/2021 16:31

Mr Market doesn't seem to care about payments, or all the other BS that bigdog barks..

[pensioner2] 08/11/2021 16:23

Mr market seems to like a puddle o' tar.

[highlander7] 08/11/2021 15:47

Oil & Gas Equities in the Energy Transition: Exploration & Production
VSA research

The motorcades, private jets and rail debacles of COP26 have firmly highlighted the ongoing role that oil and gas have to play in our world. Equities do not reflect this and our benchmark index made up of ~70 AIM listed oil and gas juniors shows the sector is 20% below the 2016 cyclical low point and up 77% from the April 2020 COVID-19 driven low. Meanwhile, Brent is up 423% over the same period to 7-year highs while gas prices have spiked to record highs. Rising commodity prices evidently no longer provide the tide that floats all boats in the oil & gas sector, as even the majors are trading 13% below their pre-COVID level in January 2020. As prices collapsed in the early part of COVID-19 selling was a natural reaction, however, the energy transition and “Build Back Greener” sentiment combined with the growth of ESG investing has meant that investors have not yet returned to the sector, creating a significant opportunity.

Whilst the oil and gas industry has been very vocal about the vital role it still has to play, this has been ignored by investors. The exclusion of the sector from institutional portfolios is not a healthy position nor a sustainable one, given that even in the International Energy Agency’s (IEA’s) 2050 net zero scenario, fossil fuels would still contribute over 20% of the energy mix, whilst Platts’ pragmatic approach based on actual commitments anticipates c. 50%. This means that exploration will be required. The current energy crisis is a case study in the implications of underinvestment and the role still to be played by junior O&G companies. It is clear to us that many stocks within the sector offer a significant value opportunity trading on deeply discounted multiples, despite rising earnings potential driven by the underlying rise in oil & gas prices.

Our report looks at what has driven sector performance within E&Ps and highlights that despite the IEA’s headline grabbing reports calling for the end of exploration, success at the drill bit has in fact been the strongest driver for outperformance across the board. This means that certain companies with production and strengthened earnings outlooks have been overlooked. Touchstone Exploration (TXP LN) share price is up 380% from April 2020 until now implying a mkt cap of US$355 mn and Zephyr Energy (ZPHR LN) share price has increased 1105% over the same time period implying a mkt cap of US$116 mn. We have also studied the impact of what companies are doing in response to the energy transition, whether that be reducing Scope 1 and 2 emissions on site or whether they are mirroring the majors and bringing a renewable element into their portfolio. That said, the move towards renewables will narrow the parameters around what makes a successful Exploration and Production (E&P) project. Therefore, a more nuanced stock picking approach will be required for the E&P sector.

VSA Capital Limited is Authorised and Regulated by the Financial Conduct Authority and is a member of the London Stock Exchange.

[banggone] 08/11/2021 15:32

BIGDOG REITERATES GUIDANCEFILL YER FURRY BOOTS"SOLD BEFORE CHRISTMAS"BANG GONE A decade or so ago, in the biggest commercial legal case of the year , over which legal costs were over £ 50m, EXPERTS on either side, in a court room , placed a value of £2-4bn on the company - when there was no production infrastructure , no production and no revenue. Huge revenues now , a doubling of reserves since then , and the market cap is less than £ 1/2 a billion. The buyer(s) investment bankers have certainly done a job on suppressing the market share price pre trade sale.Bang Gone IMO.

[hydrocarbon1] 08/11/2021 15:32

Gulf Keystone Petroleum Ltd. 2021 Half Year Results
02/09/2021 7:00am
With continued constructive engagement with the Ministry of Natural Resources ("MNR") and the Company's partner Kalegran B.V. (a subsidiary of MOL Hungarian Oil & Gas plc) ("MOL"), Gulf Keystone is expecting to submit an FDP in Q4 2021 to the MNR for approval
- Drilling activities progressing well following early restart in June; SH-13 expected to come onstream imminently ; drilling of SH-14 underway with completion and hook-up expected in Q4 2021

-- Capitalising on early restart of drilling and opportunity to maintain a continuous drilling programme, planning to spud SH-G in Q4 2021, after completion of SH-14. SH-G is expected to commence production in Q1 2022

-- SH-G, the first well after the 55,000 bopd expansion programme, is an opportunity to maintain growth and momentum while we prepare the Shaikan Field Development Plan ("FDP")

-- Completed debottlenecking of PF-2, increasing total field processing capacity to c.57,500 bopd
---------------------------------------------------------------------
Just what don't you understand about Q4 2021 Thickdog.

[goatcam] 08/11/2021 15:31

LOL...as predicted

[bigdog5] 08/11/2021 15:21

Oh looky there's Sbb1x who along with habSCUM was telling all here 9 months ago that in a few short weeks the company would be pumping 55k a day and that the oil price would be $100 a barrel, lol several times.

How that's looking Stockport?

However as far as predictions go that's nothing on RW's achieving 55k would "fast easy and cheap" because the ESP's would be "off the shelf" and that was over 5 years ago!!!

Any signs of a payment, the 55k a day, an Oil Law, a new CPR, a FDP?

Another divi being worked on to appease the Insti's who have been kicking themselves for not taking £3 when they could have years ago? Did they also get suckered in believing the 55k a day would be a slam dunk? Were they expecting better numbers from the last CPR?

Should have listened to those of us that know about this sort of thing innit:-)

[goatcam] 08/11/2021 15:14

Very surprised the trolls aren't here to capitalistic on the missing payment... shouting their usual BS.....

[goatcam] 08/11/2021 15:02

indeed... bit of an odd one since Shamaran where paid last Wednesday! Maybe its the last payment we will ever receive.... one last try to take out some weak holders!

[sbb1x] 08/11/2021 14:57

Surprised to see no pie and mash drop yet...

[pensioner2] 08/11/2021 14:25

With a bit of luck it'll be wrong this time. If there's something much bigger in the works we might never see the August payment rns!!

[goatcam] 08/11/2021 14:23

haha TBH i think its more like fifth time lucky....

buy hey... Goatcam never wrong!

[pensioner2] 08/11/2021 13:58

Third time lucky?!!!

[goatcam] 08/11/2021 13:33

Payment RNS due in the next 2 hours! Goatcam never wrong!

[k4n4k] 08/11/2021 13:27

🐐🎥↘️㉆1; 👀😂

[goatcam] 08/11/2021 12:46

08-Nov-21 12:12:23 207.00 50,000 Buy* 206.00 207.50 103.50k

[highlander7] 08/11/2021 12:25

Bloomberg......

Energy supply

Oil is ticking higher again this morning, with a barrel of West Texas Intermediate for December delivery trading above $82 a barrel at 5:50 a.m. Eastern Time. The Biden administration is considering whether to take action on high gasoline prices, including the possibility of releasing supply from the U.S. Strategic Petroleum Reserve. United Arab Emirates Energy Minister Suhail Al-Mazrouei defended the OPEC+ position saying crude could be “double or triple” today’s prices without the group’s actions. Meanwhile in Europe, the price of natural gas surged again on signs the promised boost in supplies from Russia will not materialize.

[steephill cove] 08/11/2021 12:12

GKPInvestor yet another Sarah moniker talking to herself again. Its so predictably boring 🐐🎥🔔🔔8276;🔔Ԃ82;🔚

[goatcam] 08/11/2021 12:01

Hi GKPinvestor, want to meet me in London? LOL

[banggone] 08/11/2021 12:01

There is only 1 piece of payment news that is overdue.:)) That is the price per share being paid in the IMMINENT sale of the Company.:SOLD BEFORE CHRISTMAS:AND YOU CAN TAKE THAT TO THE BANK

[gkpinvestor] 08/11/2021 11:51

Digby I thought I was Sarah?

I’ve seen correspondence from the company that proves Highlander to be a liar.

[nestoframpers] 08/11/2021 11:01

SEE has a interesting RNS today , don't know what it means in share price terms.

[banggone] 08/11/2021 10:53

There is only 1 piece of payment news that is overdue.:)) That is the price per share being paid in the IMMINENT sale of the Company.:SOLD BEFORE CHRISTMAS:AND YOU CAN TAKE THAT TO THE BANK