We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gulf Keystone Petroleum Ltd | LSE:GKP | London | Ordinary Share | BMG4209G2077 | COM SHS USD1.00 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.90 | -1.37% | 136.50 | 132.80 | 136.30 | 137.40 | 134.60 | 136.50 | 650,681 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 123.51M | -11.5M | -0.0516 | -35.27 | 308.21M |
Date | Subject | Author | Discuss |
---|---|---|---|
01/2/2022 10:30 | Its true that XOM and "others" are all under pressure from renewable energy activists in the USA . But at the end of the day profits and dividends rule. So I wouldnt rule any of them out. The Yanks have military bases in Kurdistan so they wont be too happy about a large Chinese presence if they buy Shaikan. But then we have the South Koreans/ French /India / UAE and Russia. Plenty potential Competition. H7 | highlander7 | |
01/2/2022 09:48 | BERENBERG RAISES GULF KEYSTONE PRICE TARGET TO 300 (280) PENCE - 'BUY | mr_todd_f_kozel | |
01/2/2022 08:58 | Tank bottom: topping up a depleted world could push oil toward $100 hxxps://t.co/CPLHTt7 hxxps://t.co/jp914zj | 0ili0 | |
01/2/2022 08:39 | Chinese New Year today. Very low volume on Brent trades and on GKP trades. All the buyers on holiday. :-) | pensioner2 | |
01/2/2022 08:24 | That was where Tony recorded Stafford. Secret mics up the sleeve? 🤔 | 0ili0 | |
31/1/2022 21:34 | From GRAMACHO Author Gramacho View Profile Add to favourites Ignore Date posted 2011-11-29 16:34 Subject SPE Conf Report Part II GKP Q&A Votes for this Posting Voted UP 200 times. Message Here is Part II of the SPE Seminar report, a summary of the questions posed by the SPE seminar attendees and afterwards by oilman63 in a one to one Q&A with John Stafford of GKP. Some comments by Ewen have been included. The one to one includes a high level description of the technical work being conducted which has not previously been revealed. I have included some insights such as a description of the recovery factor uncertainties (IMO) they are trying to resolve and why this is important to a bidder. There is also something of a surprise (or maybe not) regarding a Sh-2 test that was followed up during discussions with Ewen. Part III will be a separate post that will focus on the DGA presentation which contains some interesting stuff on oil generation. POST PRESENTATION Q&A Q. With the increasing number of operators are you finding it more difficult to sell to the local market or will they take whatever comes out? A. We do what ministry tells us in terms of sales. The Ministry largely controls how that works. It is at the behest of the Ministry how we operate. [This is perhaps the most frank admission that GKP currently doesn’t have much control over when and where it produces. Ewen believes this is true for all operators as it is the state’s oil.] Q. Any comments on the aquifer? A. We think we have aquifer support. In an early well test we saw evidence of earth tides from the downhole gauge, 12 hourly diurnal variations in pressure. Typically they only occur when you are plumbed into a big aquifer that is connected to a recharge area. By analogy we think we are connected to an aquifer beneath us, we think there is probably aquifer support but we don’t know. [Some may remember this came up some time ago after JG mentioned it. At the time it was speculated that this could infer a link to tidal effects in the Gulf hundreds of km away which seemed extraordinary and caused a bit of a stir on this BB. However it turns out that this effect does not infer connection to the sea. The recharge area JS is referring to is a surface outcrop that receives rainwater. Aquifers connected to the surface can act as giant barometers and the ground water level can vary according to the position of the sun and moon. Later on JS mentioned there are no surface outcrops of the Shaikan reservoir rocks (presumably referring to the Jurassic) within 100km. So JS could be indicating that the data suggests the aquifer is at least 100km long. If this is the case then IMO it is likely to be capable of providing some aquifer pressure support which is potentially a good thing.] Q. Have you done interference testing? A. We have done interference tests between Sh-1 and Sh-3 they are 800m apart at Jurassic level. We saw extremely good response between the two wells. There is definitely communication between the two wells. We did not see communication between Sh-2 and Sh-1 but we would have been surprised if there was as they are 9km apart we weren’t doing enough to make that happen. [The Sargelu/Alan is on EWT in Sh-1 and this was tested over a short period in Sh-2 before drilling ahead. GKP has indicated it will put other zones on long term test so there may not be an opportunity to prove/disprove communication at Sargelu level in the future. Remember that JG pointed out the absence of communication between Sh-1 and Sh-2 would not be a concern. Sh-1 and Sh-2 are 9km apart and compartmentalisation is only a concern when the compartments are small enough to adversely affect the well count.] Q. Are you expecting water production? A. A dry system has been assumed for EWTs. However we have modular generic designs. We have bolted on water if we needed it. At the moment we don’t think we will need it. [TBH don’t understand this answer as loads of water was lost to the formation during drilling and much of it can be expected to return as a well cleans up during early production. Hence some water handling capacity from the outset would be prudent] Q .What is the API Gravity and GOR? A. GOR 350 – 450 scf/bbl. It is fairly toxic stuff it is 15% H2S and the APIs varies from 20 to 16 API. The pour point is very low. Its viscosity is relatively good for that level of crude. It moves really quite well , once you get it moving its stays moving. [Again he mentions the 400 GOR discussed in Part I which is higher than reported for the Jurassic. The low pour point is good news for GKPs pipeline design.] Q Oilman didn’t catch the question but here is JSs answer (Questions on a post card please lol!) A. There are lots of questions. Fractures will dominate production for some time. We are running some SCAL at the moment that could help us resolve that issue. The thing is we don’t know yet what the matrix block size is yet properly. We have got a range, some bounding parameters but we don’t know whether we are dealing with huge columns that are going to react in one way or tiny little sugar cubes that are going to react entirely differently. So at the moment we simply don’t know. There are a whole range of issues that are to do with wettability out there. [This is discussed in more detail in the one to one.] The development concept envisages deviated wells not horizontal wells. Yes we have drilled some deviated wells. Sh-1 was deviated north. Sh-2 was deviated. And the experience of drilling deviated wells was not entirely pleasant. It is a tough environment as we have heard from previous speakers. In Sheik Adi we had a 20m bit drop in the Cretaceous. More to read tomorrow for Tony and other newcomers as the LTH already know this. | bravedog | |
31/1/2022 21:33 | From GRAMACHO Author Gramacho View Profile Add to favourites Ignore Date posted 2011-11-29 16:34 Subject SPE Conf Report Part II GKP Q&A Votes for this Posting Voted UP 200 times. Message Here is Part II of the SPE Seminar report, a summary of the questions posed by the SPE seminar attendees and afterwards by oilman63 in a one to one Q&A with John Stafford of GKP. Some comments by Ewen have been included. The one to one includes a high level description of the technical work being conducted which has not previously been revealed. I have included some insights such as a description of the recovery factor uncertainties (IMO) they are trying to resolve and why this is important to a bidder. There is also something of a surprise (or maybe not) regarding a Sh-2 test that was followed up during discussions with Ewen. Part III will be a separate post that will focus on the DGA presentation which contains some interesting stuff on oil generation. POST PRESENTATION Q&A Q. With the increasing number of operators are you finding it more difficult to sell to the local market or will they take whatever comes out? A. We do what ministry tells us in terms of sales. The Ministry largely controls how that works. It is at the behest of the Ministry how we operate. [This is perhaps the most frank admission that GKP currently doesn’t have much control over when and where it produces. Ewen believes this is true for all operators as it is the state’s oil.] Q. Any comments on the aquifer? A. We think we have aquifer support. In an early well test we saw evidence of earth tides from the downhole gauge, 12 hourly diurnal variations in pressure. Typically they only occur when you are plumbed into a big aquifer that is connected to a recharge area. By analogy we think we are connected to an aquifer beneath us, we think there is probably aquifer support but we don’t know. [Some may remember this came up some time ago after JG mentioned it. At the time it was speculated that this could infer a link to tidal effects in the Gulf hundreds of km away which seemed extraordinary and caused a bit of a stir on this BB. However it turns out that this effect does not infer connection to the sea. The recharge area JS is referring to is a surface outcrop that receives rainwater. Aquifers connected to the surface can act as giant barometers and the ground water level can vary according to the position of the sun and moon. Later on JS mentioned there are no surface outcrops of the Shaikan reservoir rocks (presumably referring to the Jurassic) within 100km. So JS could be indicating that the data suggests the aquifer is at least 100km long. If this is the case then IMO it is likely to be capable of providing some aquifer pressure support which is potentially a good thing.] Q. Have you done interference testing? A. We have done interference tests between Sh-1 and Sh-3 they are 800m apart at Jurassic level. We saw extremely good response between the two wells. There is definitely communication between the two wells. We did not see communication between Sh-2 and Sh-1 but we would have been surprised if there was as they are 9km apart we weren’t doing enough to make that happen. [The Sargelu/Alan is on EWT in Sh-1 and this was tested over a short period in Sh-2 before drilling ahead. GKP has indicated it will put other zones on long term test so there may not be an opportunity to prove/disprove communication at Sargelu level in the future. Remember that JG pointed out the absence of communication between Sh-1 and Sh-2 would not be a concern. Sh-1 and Sh-2 are 9km apart and compartmentalisation is only a concern when the compartments are small enough to adversely affect the well count.] Q. Are you expecting water production? A. A dry system has been assumed for EWTs. However we have modular generic designs. We have bolted on water if we needed it. At the moment we don’t think we will need it. [TBH don’t understand this answer as loads of water was lost to the formation during drilling and much of it can be expected to return as a well cleans up during early production. Hence some water handling capacity from the outset would be prudent] Q .What is the API Gravity and GOR? A. GOR 350 – 450 scf/bbl. It is fairly toxic stuff it is 15% H2S and the APIs varies from 20 to 16 API. The pour point is very low. Its viscosity is relatively good for that level of crude. It moves really quite well , once you get it moving its stays moving. [Again he mentions the 400 GOR discussed in Part I which is higher than reported for the Jurassic. The low pour point is good news for GKPs pipeline design.] Q Oilman didn’t catch the question but here is JSs answer (Questions on a post card please lol!) A. There are lots of questions. Fractures will dominate production for some time. We are running some SCAL at the moment that could help us resolve that issue. The thing is we don’t know yet what the matrix block size is yet properly. We have got a range, some bounding parameters but we don’t know whether we are dealing with huge columns that are going to react in one way or tiny little sugar cubes that are going to react entirely differently. So at the moment we simply don’t know. There are a whole range of issues that are to do with wettability out there. [This is discussed in more detail in the one to one.] The development concept envisages deviated wells not horizontal wells. Yes we have drilled some deviated wells. Sh-1 was deviated north. Sh-2 was deviated. And the experience of drilling deviated wells was not entirely pleasant. It is a tough environment as we have heard from previous speakers. In Sheik Adi we had a 20m bit drop in the Cretaceous. More to read tomorrow for Tony and other newcomers as the LTH already know this. | bravedog | |
31/1/2022 21:03 | Next leg up is 300p. If not, then all longs will satisfy themselves with another big divi, while we wait. | johnbuysghost | |
31/1/2022 21:01 | Bigdog seems to be wasting his life posting 'War & Peace' on here. Time's running for this story. | johnbuysghost | |
31/1/2022 18:33 | 57 K UT they have in the sell column ! | nestoframpers | |
31/1/2022 17:39 | Yea...Consistently late | goatcam | |
31/1/2022 15:42 | So Genl have been paid again. Remaining consistent then. | shortsqueezer | |
31/1/2022 13:45 | Well over 10% of the issued capital changed hands during Jan 2021 whilst the share price has risen over 22% in the same period. That strikes me as a peculiar situation for a two-bit busted flush. | pensioner2 | |
31/1/2022 13:34 | DesperateDog5 ? LOL | highlander7 | |
31/1/2022 13:28 | 😴😴 | 0ili0 | |
31/1/2022 13:12 | I note the clueless are still hoping the Politics will sort itself out and an Oil law will arrive, lol. How long has it been "its different this time", lol. If the field was any good it would have been bought ages ago and the required due dilligence wouldn't take long notwithstanding the Stockport moron and highlander7 misleading you all with, it could take years. No one is interested.. Huge problems in the Jurassic, more water found and now acknowledged plus the pressure issues and gas flaring to fix. They also need to get a well drilled to the Triassic to see what's there and if it will flow. Even if the hosts agree to a new FDP what confidence can anyone have they can deliver any of it? They're still trying to reach 55k that they've been trying to do since 2015!!! Hype and spin keeps the trough filled to spill and you suckers suckered innit:-) Do ya reckon the hosts are impressed, lol. | bigdog5 | |
31/1/2022 12:25 | Sounds promising. Iraqi speaker says talks underway to form unity government Muqtada al-Sadr’s party emerged biggest winner in Oct. 10 elections, with 73 seats in parliament Ali Jawad | 31.01.2022 Iraqi speaker says talks underway to form unity government BAGHDAD Iraq’s Parliament Speaker Mohammad al-Halbousi confirmed Monday that talks were underway between Shia, Sunni and Kurdish parliamentary groups to form a national unity government. He said the three blocs will meet at the headquarters of Shia cleric Muqtada al-Sadr for talks on the government formation, without providing further details. Earlier Monday, al-Sadr met with al-Halbousi and Nechirvan Barzani, the head of northern Iraq’s Kurdish Regional Government (KRG) in the southern city of Najaf for talk on the government formation. Last week, the head of Iran’s IRGC Quds Force, Esmail Qaani, visited Iraq for talks with Shia leaders in an effort to bridge differences between al-Sadr’s Movement and the Shia Coordination Framework. The Shia Coordination Framework consists of Shia parliamentary groups that seek to form a government without al-Sadr's support. Al-Sadr’s Sairoon Alliance emerged the biggest winner in the Oct. 10 elections, with 73 seats in the 329-member parliament, followed by al-Halbousi’s Taqaddum (progress) bloc with 37 seats. Writing by Ahmed Asmar | beernut | |
31/1/2022 10:24 | Hi Pensioner I’m hoping Paul’s clock is right this time and it’s valentines this year or Easter at the latest. And Johnny not taking a penny less than £156 a share would be nice. Gla | beernut | |
31/1/2022 10:14 | Kurdish leader Barzani hopes the meeting in Najaf would be fruitful Iraq News Najaf Masoud Barzani 2022-01-31 09:28 A- A A+ Shafaq News / The Kurdish leader Masoud Barzani hoped today that the meeting between President Nechirvan Barzani, Iraqi Parliament Speaker Mohammad al-Halboosi, and the head of the Sadrist movement, Muqtada al-Sadr, would be fruitful. The Kurdish leader said in a tweet today, "I genuinely hope that the meeting between Sayed Muqtada al-Sadr, the President of the Kurdistan Region, Nechirvan Barzani, and Parliament Speaker Mohammad al-Halboosi, will have positive results, and will pave the way for addressing the problems facing the political process in Iraq." Al-Halboosi said in a tweet today, "The time of foreign interferences with forming Iraqi governments is over." "Today, Iraq's mountains and deserts move towards Najaf al-Ashraf to discuss forming a national government, neither eastern nor western." Earlier today, the President of the Kurdistan Region, Nechirvan Barzani, and the Iraqi Parliament Speaker, Mohammad al-Halboosi, have arrived in Najaf to meet the leader of the Sadrist movement, Muqtada al-Sadr. The visit was proposed by Kurdish leader Masoud Barzani. In a statement, Leader Barzani said that in order to address the problems and prepare a suitable political environment, he launched this initiative so that political parties can discuss and remove the obstacles hindering the political process in Iraq. The Kurdish leader hoped that this step would contribute to solving the crisis the country is going through. | beernut | |
31/1/2022 10:14 | That's what's needed, beernut, and I doubt any corporate action until one is in place so they should be able to enact it before valentine's day (2025). :-) | pensioner2 | |
31/1/2022 10:12 | Iranians look like they expect Kurds to be part of new gov. Kurdish Leader Barzani meets Qaani in Erbil Iraq News Masoud Barzani Ismail Qa'ani 2022-01-30 17:28 A- A A+ Shafaq News / Kurdish Leader Masoud Barzani, met today the Iranian Commander of the Quds forces, Esmail Qaani, in Erbil, the capital of the Kurdistan Region. A reliable Political source reported that the meeting focused on the new government file. No further details were disclosed. On January 25, Qaani had arrived in Baghdad today in an unannounced visit. He had held several rounds of talks in Najaf and Baghdad to reach a Shiite consensus over the new government, but they were all unfruitful. A reliable political source reported that the Iranian Commander had met the Iraqi political forces to discuss the government file, and the results of the negotiations between the Sadrist movement and the Coordination Framework. | beernut | |
31/1/2022 10:05 | Hi Nest. Sounds good beernut , maybe this might work , about time. Haven’t heard much of Maliki lately I’m hoping he’s out of it. We might get an oil and gas law one day Rodders. Gla | beernut |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions