Gulf Keystone Petroleum Share Discussion Threads

[beernut] 08/12/2021 11:47

PM Barzani receives Iraqi PM Mustafa Al-Kadhimi in Erbil
The two prime ministers are holding a meeting, the source said. Halgurd Sherwani
5 Hours

PM Masrour Barzani (right) receives his Iraqi counterpart Mustafa al-Kadhimi at Erbil International Airport early on Wednesday, Dec. 8, 2021. (Photo: Handout/KRG)
PM Masrour Barzani (right) receives his Iraqi counterpart Mustafa al-Kadhimi at Erbil International Airport early on Wednesday, Dec. 8, 2021. (Photo: Handout/KRG)
Kurdistan Masrour Barzani Mustafa al-Kadhimi ISIS Erbil Peshmerga Iraqi Army
ERBIL (Kurdistan 24) – Kurdistan Region Prime Minister Masrour Barzani received his Iraqi counterpart Mustafa al-Kadhimi in Erbil on Wednesday morning, the government announced.

The two leaders discussed various topics, including post-election developments, Iraq’s stability, and improving the economy, according to a press release from the Kurdistan Regional Government (KRG).

They both stressed the importance of reaching a “fundamental resolution” for the outstanding issues between Erbil and Baghdad, according to the statement.

Barzani and Kadhimi also discussed the recent increase in the number of ISIS attacks and agreed on the need for “fostering cooperation between the Peshmerga and the Iraqi Army” to counter that threat.

[beernut] 08/12/2021 04:19

Surprise Crude Draw Sends Oil Prices Higher

By Julianne Geiger - Dec 07, 2021, 3:56 PM CST

This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.089 million barrels.

U.S. crude inventories have shed some 60 million barrels since the beginning of the year.

Analyst expectations for the week were for a build of 2.093-million barrels for the week.

In the previous week, the API reported a draw in oil inventories of 747,000 barrels, compared to the 1.667-million-barrel draw that analysts had predicted.


Oil prices had been trading up by more than 3% on Tuesday in the run-up to the data release as earlier concern about the Omicron variant faded into the landscape of OPEC+’s bullish outlook that prompted the group to plan on increasing production in January by another 400,000 bpd.

By 3:00 p.m. EST WTI had risen more than 3% to $71.96—a more than $5 per barrel increase since this time last week. Brent was trading up nearly 3% at $75.43 per barrel, nearly $5 higher

Inventory

U.S. oil production for the week ending November 26—the last week for which the Energy Information Administration has provided data—rose by 100,000 bpd to 11.6 million bpd—the second such rise in as many weeks. Production is still off from the U.S. high of 13.1 million bpd prior to the pandemic.


The API reported a build in gasoline inventories of 3.705 million barrels for the week ending December 3—after the previous week's 2.2-million-barrel build.

Distillate stocks also saw an increase in inventory of 1.228 million barrels for the week, after last week's 800,000-barrel increase. Cushing saw a 2.395 million-barrel increase this week.

By Julianne Geiger for Oilprice.com

[landover bricks oil] 07/12/2021 22:51

Evening rose tints.

I am Tony. TONY.

Muppets, the lot of you.

[goatcam] 07/12/2021 21:42

LOL.... looks like Habsham has got you again Doggy. Like I said fella... take the loss and move on

[nestoframpers] 07/12/2021 21:10

71 people close to CLinton have committed "suicide" .

[nestoframpers] 07/12/2021 21:09

Clinton Obama Biden all need to be inside 1wav .

[gazebo79] 07/12/2021 21:06

Imagine when you leave this planet.What a legacy.Here lies Bigdog.A truely gifted individual who spends his entire life telling everyone how bad a company is and a company that he or she holds no shares in. To my friends and family who didnt know my achievments before this point. I have loved every minute of my internet trolling campaign. If anyone would like to continue my legacy.Please look into the company GKP and carry on my work.I would look down on you with the greatest of pleasure from above.Yours truely Bigdog

[1waving] 07/12/2021 20:48

.
" Tucker Carlson & Attorney For Several 1/6 Defendants

@McBrideLawNYC

Discuss His Court Filing Claiming That There Were "Agent Provocateurs" At The U.S. Capitol On January 6th & The Unreleased Footage From That Day Joseph: "The truth is going to come out, they cannot stop it."
Video


.

[bigdog5] 07/12/2021 20:33

Do you mean another divi that I said they would have to pay to appease the Insti's.
Do you mean yet another waste of funds on a buyback that you clowns have been banging on about for ages but is still to arrive.
Do you mean the 55k a day that they were talking about over six years ago. The one that according to you fantasists was supposed to be a slam dunk fast easy and cheap that I said wouldn't be cos the field had many problems.
Do you mean the FDP that was kicked out by the hosts, the one they had to rewrite. The one that will now have to account for the gas flaring problem that you clowns said the company and hosts are unconcerned about.

As for habSHAM he's just a clueless irrelevant excuse maker that posts up rubbish. If you could line up a few brain cells you would realise that's all the excuses are.

So the answer is probably. I'm looking forward to the next round of hype and spin and to see how they announce what imho ought to be another material downgrade to the oil numbers.

You're welcome.

[banggone] 07/12/2021 17:07

Production now over 56,000 bopd#KIMcam

[bigdog5] 07/12/2021 17:04

No takeaway again Stockport, care to comment on why?

[bigdog5] 07/12/2021 17:01

Now why is it that highlander7 hasn't brought across any articles talking about the Chinese economy slowing fast and their enormous debt bubble that pose a massive risk to the oil markets? All about the debts? Isn't that what caused the problems here with the great shareholder wipeout of 2016?

Would I be correct in suggesting that all you rose tinted fantasists only post up the positive stuff and sweep the iffy stuff under the rug? Now isn't it strange as I reckon you rampers aren't the only ones that do that.

All about vested interests innit:-)

[shortsqueezer] 07/12/2021 16:54

Of course it will

[bigdog5] 07/12/2021 16:53

Still ignoring all your losses from the years of ramping the share price up to £4.60 and then down to 1.8p are you goatSHAM, tut tut it won't make them disappear:-)

[goatcam] 07/12/2021 16:47

When GKP declare another dividend will you pop into mock us?
When GKP declare a 10% buyback will you pop into mock us?
When GKP announce they have reached 55k BOPD will you pop into mock us?
When GKP announce they have submitted the FDP will you pop into mock us?

[goatcam] 07/12/2021 16:37

"goatSHAM I pop in cos I enjoy mocking you delusional clueless clowns and your daft fantasies"

So you take the time out of your day to make long comments to an estimated 3 people who believe GKP will be taken out for £25+?

I've made nearly £100k in dividends this year and are currently in profit by over £150k due to my purchases under £1..... who are you mocking? Your actions don't make sense mate, you just come across as a bit of a loser who clearly has been burnt by GKP before, just let it go and move on with your life.

[banggone] 07/12/2021 16:32

Production now over 56,000 bopd#NEDcam

[bigdog5] 07/12/2021 16:31

Pensioner they didn't. However they didn't expect to still be trapped in the company they took for a pittance six years later. How is it you clowns can't understand that?
As I've told you clowns before they made a huge error not taking £3 when they could. They got greedy and believed in the hype and spin that increased production would be fast easy and cheap. They've had to hang on for the OP to rise to push up the share price again. Imo they won't be suckered again:-)


goatSHAM I pop in cos I enjoy mocking you delusional clueless clowns and your daft fantasies.

[highlander7] 07/12/2021 15:44

Malcy..................

Oil price

After yesterday’s rise crude is better again today and by a decent two dollars taking Brent back up to $75. This is because there are two ways of assessing the current Omicron news, bears are saying that it travels more quickly that the Delta variant but others including Dr Fauci suggest that it is ‘not so severe as other variants’. Indeed Glaxo say that their drug does work against Omicron which if confirmed by other manufacturers certainly bounce the market.

Among other news Chinese crude imports rose last month and of course the Saudi price increase yesterday is important. Indeed the Aramco boss speaking at the World Petroleum Conference in Houston suggested that the world should continue to invest in fossil fuels to avoid shortages.

In the US retail gasoline prices are already falling despite the SPR sales, a gallon of gas will cost you $3.341 which is down 3.9c w/w, a fall of 6.9c m/m but of course still a rise of $1.185 y/y.

Indeed Michael Wirth, Chairman and CEO of Chevron in an interview with CNBC from the WPC said that there would still be oil in 30 years time as world population goes from 7.5bn to 9.5bn including a strong middle class. He also said that gasoline is now above pre-pandemic levels but that jet fuel is a touch behind. With ‘substantial’ growth in 2022 he remains confident about energy for next year.

Next up was Patrick Pouyanné CEO of Total Energies who unsurprisingly is also positive, he sees a growth in the electricity market and thus is bullish on gas, TE is the biggest exporter of LNG out of the US. He also points out that since 2014 industry capex has fallen from $750bn to $300bn which echoes with everything I keep saying about lack of investment.