Gulf Keystone Petroleum Share Discussion Threads

[highlander7] 19/2/2022 10:30

Doggie has problems with words over 6 letters never mind Geopolitics.

[highlander7] 19/2/2022 10:28

Let the INOCS run from Green Energy Activists in the USA and Europe. There are plenty other INOC's in the world who couldnt care less.

In any case they will soon get a rude awakening when Investors start dumping shares because they cant pay high dividends any longer.

Its happening already, as I posted about Blackrock.

H7

[steephill cove] 19/2/2022 09:49

If you are an oil major, with cash to burn from record profits, the best place you can go drilling for oil is the city of London & of all the small oilers GKP is THE PRIZE.

Just ask Perella Weinberg; Daniel Yergin & Gabriel Papineau-Legris (GKP COO & ex Perella Weinberg) 📈🔎🇬🇧7974;🛢ԁ76;💪

[shortsqueezer] 19/2/2022 09:31

Good write up. And what are this big oilers going to do with their record profits. Offset them by acquiring smaller oil Companies perhaps?

[highlander7] 19/2/2022 09:00

BIG PROFITS AND HIGH SHARE PRICES: MAJOR MINERS ARE WEATHERING THE ESG STORM EASILY ENOUGH, AT LEAST FOR NOW ( Proactive)

Guess whose share prices are at, or close to, all-time highs?

Those evil mining companies, that’s who.

Shares in BHP Group Limited (LSE:BHP), Glencore PLC (LSE:GLEN) and Rio Tinto PLC (LSE:RIO), London’s holy trinity, are all at multi-year highs.

So, if the good times are rolling for the despoilers, does that put the lie on all the efforts of the ESG brigade?

Actually, it just might, because the share price strength is due at least in part to the very policies the ESG lobbyists are enacting or are campaigning for.

In particular, the energy prices that underpinned this week’s record dividend payout from BHP Group have been pushed up by extra costs dumped onto the consumer to pay for the greening of the global economy.

Put it another way – if you make it hard in the name of climate science for oil and gas companies to produce their product, then, in times of scarcity, prices for those commodities are going to go sky high. The effect is particularly marked at the current moment, in the midst of a northern hemisphere winter that follows two years of covid-related supply chain disruptions.

That’s just basic supply-demand economics, and the only to get around that is to impose price controls, which, as every historian knows, ends up leading to actual shortages.

In that sense, the ESG lobby have gone as far as they can go without actually cutting off or curtailing the energy supply to the West.

One way of distracting from this inconvenient truth is to accuse President Putin of playing politics with oil, and particularly gas pipelines, and to paint him as a global aggressor in what’s essentially a regional conflict.

But ask yourself too: is it a coincidence that those pressing hardest for lockdowns were also the same people who push for ESG?

And isn’t it ironic that when those policies bump into each other, the unintended consequences are bigger profits than ever for the miners?

[mr_todd_f_kozel] 19/2/2022 08:13

CCC and NOBULL @ LSE working from early hours ..early morning, THEORYMAN BROADFRAUD PUTUP etc no doubt joining in later.LOLOLOLOL

[highlander7] 19/2/2022 05:04

They wont ever see it because they are all too busy blaming choices THEY made on someone else and trying to damage sentiment in GKP.

A someone who left GKP a decade or so ago.

H7

[shortsqueezer] 18/2/2022 20:37

Had to look up PTED but yes that makes a lot of sense. Unfortunately I cannot pity them all n this case.

[hydrocarbon1] 18/2/2022 19:56

The PTED case could never comprehend this. Too many facts.

[habshan] 18/2/2022 19:33

Bigdog - "No one is interested in a few barrels of heavy oil that's very difficult to extract."

50kbpd from 13 wells, or an average of 3,850 bpd per well.

So you think that an average of 3,850 bpd per well demonstrates that the oil is very difficult to extract then Sarah.

The US is one of the world's biggest oil producers and the vast majority of their wells produce less than 100 bpd.

3,850 bpd demonstrates that the oil is very EASY to extract Sarah, very few fields demonstrate that level of well productivity.

Getting on for half a billion dollars a year from only 13 wells.

And that's just GKP's cut.

You haven't got a clue have you.

[shortsqueezer] 18/2/2022 17:38

She was never very good wax she. And getting worse. Comical

[mr_todd_f_kozel] 18/2/2022 16:56

https://twitter.com/GoodnightCharl1/status/1494582834215985152?t=wiwIecBdFJGPUDSZEEQMkA&s=19

[highlander7] 18/2/2022 16:44

Its a negotiation Doggie. This is what they do . You never could understand.

But with Oil at $90 a bbl , and voting power in the ICG elections, I would say the KRG have pretty good cards.

Lets wait and see shall we ?

H7

[habshan] 18/2/2022 16:41

Bigdog - "No one is interested in a few barrels of heavy oil that's very difficult to extract."

So who's paying us getting on for half a billion dollars a year for it then Sarah.

[habshan] 18/2/2022 16:38

Bigdog - "Next step Baghdad will stop paying the budget and Erbil will stop supply the 250k a day oil?"

Indeed, and the Kurds will do what they've always done in such circumstances.

They'll sell the oil themselves, and at over $90 a barrel they'll be better off than they've ever been.

And the Kurdish oil industry will do what they always do, they'll carry on regardless.

So GKP will continue to develop the field, they'll continue to get paid and they'll continue to pay dividends.

All is well.

[mr_todd_f_kozel] 18/2/2022 16:35

https://twitter.com/GoodnightCharl1/status/1494582834215985152?t=wiwIecBdFJGPUDSZEEQMkA&s=19

[mr_todd_f_kozel] 18/2/2022 16:34

Mergers And Acquisitions To Spike Alongside Oil PricesBy Tsvetana Paraskova - Feb 17, 2022, 6:00 PM CSTWith oil prices now firmly above $90 we will likely see a surge in deals in 2022, with the potential of M&A activity booking a multi-year high.While oil prices may be high, the pool of both public and private buyers is shrinking due to ESG concerns and questions surrounding the longevity of the industry.While higher oil prices are likely to drive more deals, the lower buyer pool around the world means the valuations of the deals are unlikely to jump.Join Our CommunityRallying oil prices have been driving increased mergers and acquisitions activity in the global upstream sector in recent quarters and are set to incentivize more deals in 2022.Deal-making and high-value deals in the sector returned in 2021 as commodity prices rebounded, international majors moved to divest non-core assets, and U.S. shale producers consolidated and built quality inventories of assets.If oil prices - currently at their highest since the autumn of 2014 - remain high, M&A activity has a good chance of booking a multi-year high this year, analysts say.The U.S. shale patch will likely continue driving deals value globally, and private equity-backed firms will continue to be important players in the upstream M&A deals.Yet, the new realities in the global upstream market suggest that private equity will not be the panacea for deal activity, although it will continue to be an option for companies looking to divest, Wood Mackenzie

[bigdog5] 18/2/2022 16:34

No one is interested in a few barrels of heavy oil that's very difficult to extract, the Reserves are falling and will have to be materially reduced again imo, everyone can see they have massive problems with water, pressure and gas flaring and that production has fallen back to where it was in Dec 2014.

Also the company have stated that S12 has found water and production has been curtailed, S13/S14 has had huge problems when drilling "and their productivity has been below expectations".

So much for the divis eh:-)

Reality versus the clueless ramping fantasy.

You're very welcome.

[mr_todd_f_kozel] 18/2/2022 16:34

https://twitter.com/GoodnightCharl1/status/1494582834215985152?t=wiwIecBdFJGPUDSZEEQMkA&s=19

[highlander7] 18/2/2022 16:33

CONFLICT Doggie

LOL

[mr_todd_f_kozel] 18/2/2022 16:32

Mergers And Acquisitions To Spike Alongside Oil PricesBy Tsvetana Paraskova - Feb 17, 2022, 6:00 PM CSTWith oil prices now firmly above $90 we will likely see a surge in deals in 2022, with the potential of M&A activity booking a multi-year high.While oil prices may be high, the pool of both public and private buyers is shrinking due to ESG concerns and questions surrounding the longevity of the industry.While higher oil prices are likely to drive more deals, the lower buyer pool around the world means the valuations of the deals are unlikely to jump.Join Our CommunityRallying oil prices have been driving increased mergers and acquisitions activity in the global upstream sector in recent quarters and are set to incentivize more deals in 2022.Deal-making and high-value deals in the sector returned in 2021 as commodity prices rebounded, international majors moved to divest non-core assets, and U.S. shale producers consolidated and built quality inventories of assets.If oil prices - currently at their highest since the autumn of 2014 - remain high, M&A activity has a good chance of booking a multi-year high this year, analysts say.The U.S. shale patch will likely continue driving deals value globally, and private equity-backed firms will continue to be important players in the upstream M&A deals.Yet, the new realities in the global upstream market suggest that private equity will not be the panacea for deal activity, although it will continue to be an option for companies looking to divest, Wood Mackenzie

[bigdog5] 18/2/2022 16:29

highlander718 Feb '22 - 05:51 - 649497 of 649520
0 11 1
"Doggie you and your fellow idiots have been blaming TK for your own greed and stupidity for a decade. You are still living in the past. You never did understand GeoPolitics or how business is done in Iraq.

Move on.

H7"

LOl, but your legend's BS wiped out you and your fellow suckers before and there's every chance that will happen again simply because his BS barrels and data are just that, BS.

As for understanding Geopolitics and how business is done the Politics look like they're entering another period of confilict, many oilys have left the "last great frontier", payments are made when it suits the hosts, they're increasing the transit charges and want the gas flaring issues sorted in months. Is that really the best way to conduct business, lol.

I'm not moving on, I'm here to warn the unsuspecting of you ramping lunatics lies, BS and fantasy.

As for your comment:-

"The ICG cannot form a government without support from the Kurds. Sounds to me they are getting really desperate this time and have over played their hand in the current negotiations."

How many times over the last 12 years have you and your fellow suckers posted up that, lol. Its always the mantra of you suckers, "its different this time" "they're desperate this time", lol. There won't be any "imminent" Oil Law.

However lets look at what's happening AGAIN.

Baghdad have said for the umpteenth time they want all the oil from Erbil and that the PSC's are illegal. So the Politics look very problematical again. Next step Baghdad will stop paying the budget and Erbil will stop supply the 250k a day oil?

[hydrocarbon1] 18/2/2022 15:47

brent up $2.75 in 1hr 15mins, we drop. All the negative politics being used as anchor.

[habshan] 18/2/2022 13:13

"Will it stay here for the dividend reinvestment."

Unlikely I'd have thought. The prospect of Iranian oil returning to the market is what's been weighing on the oil price over the last 2 or 3 days and has been dragging the oilies down with it.

So if this comes to pass the oil price should recover and take the oilies back up with it.

45 mins ago:-

A deal taking shape to revive Iran’s 2015 nuclear agreement with world powers lays out phases of mutual steps to bring both sides back into full compliance, and the first does not include waivers on oil sanctions, diplomats say.

Consequently, there is little chance of Iranian crude returning to the market in the immediate future to ease current supply tightness, analysts said.

“Inventories are therefore likely to remain considerably below the long-term average for quite some time yet,” said Commerzbank analyst Carsten Fritsch, adding that this could widen already record-high futures spreads."