Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 10/2/2022 19:38

And just wait for the dividends 😉

[0ili0] 10/2/2022 18:44

Effortless, and to be followed by many more! 😁

[urchin1] 10/2/2022 18:17

Smart move !I did contemplate that move myself!

[dalesmann] 10/2/2022 16:35

Happy I sold yesterday and bought back in today - 20p dividend for me!

Spreadsheet shows I'm a genius, unlike Bigdog.

[nestoframpers] 10/2/2022 16:24

Bloody gaps arrragh

[pensioner2] 10/2/2022 15:57

I bow to your expertise, 1w. Gap now closed with a low of 218.5? Brent now going for $94.

Edit. Actually looked again at that chart and the trading on 3/2 looks to me to have closed that gap.

[1waving] 10/2/2022 15:43

P2.
Look at the candlestick chart above.
It demonstrates very clearly there is a gap which has not been closed..

------
Pensioner2
10 Feb '22 - 13:59 - 649045 of 649051
0  5 0
Not sure about that, 1W. That gap looks closed on 3/2 to me.

[johnbuysghost] 10/2/2022 15:38

GKP is the prettiest girl at the dance.

[urchin1] 10/2/2022 15:18

Exon Mobile the perfect suitor

[johnbuysghost] 10/2/2022 15:15

Yes I won't take any less than £137.65p per share for GKP.

[urchin1] 10/2/2022 15:13

Let's hope China start a bidding war !

[johnbuysghost] 10/2/2022 14:54

GKP's got China in it's hands.

[highlander7] 10/2/2022 14:40

China Tightens Its Grip On Iraq With Three Major Oil Deals
By Simon Watkins - Jan 31, 2022, 6:00 PM CST

China has concluded three major oil deals with Iraq, most notably finalizing the 25-year deal for the Mansuriya field which could have huge geopolitical consequences.
The signing of these deals is part of a broader Iraqi policy of cooperation with China and Russia, providing military advantages for Moscow and economic benefits for China. There is a glimmer of hope for the U.S. here if it were hoping to influence the Mansuriya project as it has not yet been signed despite being ‘finalizedR17;.

China has continued to press home the geopolitical advantage given to it in Iraq following the official end of the U.S.’s ‘combat mission’ in the country on 9 December 2021 with the conclusion of three huge deals, all focused on the oil sector. However, crucially for the U.S.’s ongoing interests in the Middle East, there may still be scope to change the eventual outcome of the development contract for the giant Mansuriya gas field and associated projects.

Last week’s ‘finalization’ of the 25-year deal for the China Petroleum & Chemical Corporation (Sinopec) to take a 49 percent share in the Mansuriya field, with the remainder held by Iraq’s state-own Midland Oil Company, followed the initial announcement of the deal in April 2021 that surprised many, given Russia’s longstanding interest in gas development projects in that region of Iraq.

From the Chinese and Russian perspective, though, their activities across the Middle East – and also in other geopolitically sensitive areas in which the U.S. also has an interest, notably Asia-Pacific – is not a zero-sum game, as analyzed in depth in my new book on the global oil markets.

“An informal agreement was put in place at the beginning of 2021 that, for Iraq, China would have first refusal on developing a number of key oil and gas sites, one of which was Mansuriya, while Russia would have the same first refusal in other sites across the region,” a senior oil and gas industry figure who works closely with Iran’s Petroleum Ministry exclusively told OilPrice.com. “This is part of a broader policy of co-operation defined by the idea that in any country that may require military intervention to extend the Sino-Russian axis that may prompt confrontation with the U.S. - notably Syria - Russia takes the lead, whilst for any other countries, in which only money is required, China takes the lead,” he added. “However, given the military strategic importance of Mansuriya to Russia - and, by default, to China - several Russian companies will also be present on the Mansuriya development working alongside Sinopec, principally on the technical and equipment side,” he underlined.

[pensioner2] 10/2/2022 13:59

Not sure about that, 1W. That gap looks closed on 3/2 to me. Resistance @ 220 seems to be acting as support now. Today should indicate one or the other imo.

[1waving] 10/2/2022 13:41

.
Reaching down to close the gap from late January between circa 215 - 218.

.

[pensioner2] 10/2/2022 13:31

Brent going nicely @ $93 should see some share price recovery into the close. Almost forgotten this divi before we've received it as the focus is how much we're going to get @ $90+ going forwards. This really is a cash machine right now and if it's snapped up it won't be a total surprise.

[thebabe] 10/2/2022 12:36

Its the sitting duck takeover story........that isn't a story.... is why you should be in here. Whilst waiting for that to play out the company is utterly polluted with excess cash and borrowing power , which they should, and I believe have put to use in optimising capital structure.
It is a corporate pre M + A no brainer that they should do so , and I am certain they are very well aware.

[ozzmosiz] 10/2/2022 12:33

Wow that's some dip today, any reason why?I see you have to be holding tomorrow to receive the divi, is that correct?

[ticketmaster] 10/2/2022 12:32

Meanwhile Brent as recovered from 90 to 92 over the last 2 days. Looking good for another attempt on 94. If that happens this 'crash' will be a forgotten memory.

If you believe in the Brent story then this must be a very good buying opportunity for GKP

[pensioner2] 10/2/2022 12:29

Just shows how many called in for that juicy divi. They'll be back again for the next one and the share price will slowly recover as payment date nears.