Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 24/4/2022 13:09

GKPhero28 Sep '16 - 10:42 - 518007 of 652414
0 7 0

"Anyway, it looks to me like Todd needed the share price to rise quickly in order to pay for his divorce.

And Mark Leftly was the fall guy.
He is one thick reporter".


Lest we forget, lol, lol, lol.

[thebabe] 24/4/2022 12:02

What does this mean????

[beernut] 24/4/2022 12:01

US urges Iraqi government formation as stalemate drags on
Iraq News
US
2022-04-23 22:37
A-
A
A+
Shafaq News/ The US has stressed the importance of timely government formation in Iraq following its elections in October, Jennifer Gavito, deputy assistant secretary for the Bureau of Near Eastern Affairs has said in a press briefing on Friday, adding that the move will help Baghdad achieve stability and allow it to move forward with its long-term goals.

"Now that the Iraqi people have made their voices heard through the ballot box, it is time for Iraq's leaders to form a government," said Gavito, emphasising the benefits of a new government, including coordination with the US.

"The United States is eager to work with that new government on key issues of mutual concern, including Iraq’s stability and sovereignty, economic empowerment for all Iraqis, anti-corruption, human rights protections, energy independence, climate, and health," she added.

"Lack of a fully functional government will breed insecurity, instability, and it threatens to erode both the confidence of the international community and that of the Iraqi people who came out to vote."

Gavito noted US' changing role in its relationship with Iraq following its withdrawal of combat forces at the end of last year after a nearly 20-year presence beginning with its 2003 invasion.

"Our mission at that point changed to one of advise, assist, and enable," she said.

She described the US withdrawal as a "watershed moment for the bilateral relationship" because it showed the "extraordinary strides" Iraq had made in defending itself against various threats.

Half a year after October 2021 legislative elections, Iraq still does not have a new president or prime minister, keeping the country in a state of political paralysis.

Parliamentarians must first elect the head of state, by convention a member of the Kurdish minority, with a two-thirds majority. The president then appoints the head of government, a post now held by Mustafa al-Kadhimi.

[nestoframpers] 24/4/2022 10:52

OT
SA politician highlighting the hypocrisy of the west.

[kurdman63] 24/4/2022 10:36

How you feeling today David 😂😂😂

Best stay away from any bright lights 😳

[0ili0] 24/4/2022 08:47

Lot of people in 541213 will be laughing at the top two on that list soon. 🤔

[beernut] 24/4/2022 06:14

OT but good

Russian-owned Amsterdam Trade Bank collapses
April 24, 2022
THE HAGUE (AFP) – A Dutch court on Friday declared the Russia-owned, Dutch-registered Amsterdam Trade Bank (ATB) bankrupt after it was caught up in Ukraine-related sanctions.

Amsterdam’s district court made the ruling on the subsidiary of Russia’s Alfa Bank in a decision confirmed by the Dutch central bank.

In a statement on its website, the central bank said customers holding deposits with ATB would be covered up to a maximum of EUR100,000 under the Netherlands’ deposit guarantee system.

The central bank administers the scheme on behalf of the Dutch government, adding ATB, founded in 1994, had some 23,000 customers.

The bankrupt bank had recently condemned the Russian invasion of Ukraine while stressing its business focus is European SMEs with funds from Dutch and German savers.

[releasethekraken] 24/4/2022 05:55

Habs, I liked Stef very genuine fella.Loved his scooters rebuilding , showing , and they ended up killing him , very sad.Why you keep engaging with the fruitloop here is beyond me however

[turvart] 23/4/2022 23:09

The share price of GKP should be at least treble this and I am convinced we will see it because I think investors are holding off buying oil stocks in fear of the War ending, I personally think this war is going to drag on and Oil will rise.

One thing I have learned in trading over 21 years is people are like sheep and buy stocks that keep rising, I have this vision that GKP will be 750p by late summer.

[nestoframpers] 23/4/2022 22:43

OT , quite true

fireplace22 23 Apr '22 - 11:27 - 333681 of 333743
0 9 0
Thresa May stood up in parliament week after week, month after month spouting Brexit means Brexit with every intention of preventing it. That misleading (blatant lying) of parliament had far more costly results than Boris cake munching. This farce is vindictive and orchestrated, if it ends in Johnson going it will strengthen the calls for a closer relationship with the EU.

[nestoframpers] 23/4/2022 22:25

Here we go, it's an interesting report:-



"The Second Wave of the Russian Oil Shock Is Starting

The lights are dimming over the Russian oil industry – literally.The Kremlin is doing its best to conceal the full impact of formal and informal energy sanctions after its invasion of Ukraine. But Moscow can’t hide from the satellites above Siberia that measure the amount of light its oilfields emit as unwanted gas is burned, or flared:

The higher the production, the more flaring and the more light – and vice versa.The flaring data, combined with anecdotal information from traders and leaks of official Russian statistics, suggest that eight weeks into the war, Moscow is finally succumbing to the impact of government-imposed penalties and companies’ self-sanctions. On average, Russian oil output is down 10% from its pre-war level.

More production losses are likely as Western refiners and traders walk away from Russia upon the expiry of supply contracts in coming weeks. The European Union is also considering baby steps to reduce its purchases of Russian oil, trying to find ways to sidestep German opposition to the measures.

“We are currently developing smart mechanisms so that oil can also be included in the next sanctions package,” EU Commission President Ursula von der Leyen told the Bild am Sonntag.

For consumers – and central banks in inflation-fighting mode – declining Russian production signals the beginning of a second, and likely longer lasting, wave of oil price increases.

For Vladimir Putin, the stakes are even higher: revenue from oil and gas sales has so far helped cushion the blow of international sanctions, stabilizing the ruble and financing his military machine. A lasting decline in production that outweighs any price increase would be a longer-term headwind for Russia’s economy on top of the direct costs of the war. The first phase of the oil-price shock from Putin’s invasion was as intense as it was brief.

Russian output proved more resilient than expected; China’s Covid lockdowns reduced demand, and the U.S. and its allies released millions of barrels from their strategic petroleum reserves. Brent, the global oil benchmark, initially surged to $139.13 a barrel on March 7 in the first days of the Russian military campaign but retreated nearly 30% to a low of $97.57 a barrel by April 11.

The second phase is likely play out in slow motion over a longer period, risking more economic havoc. Brent crude has already climbed back to near $110 a barrel, and prices will probably rise gradually as the market absorbs the supply losses. Seasonal peak demand is still two-and-a-half months away, with the summer holiday period of the northern hemisphere, and retail gasoline prices are sure to climb.

Brent has averaged $99.20 a barrel so far this year. In 2008, when prices hit an all-time high, the average price year-to-date at this time of year was $98.40 a barrel. The only potential relief is bad economic news: a recession in the U.S. and Europe is the clearest obstacle to $100-plus oil.

Russian oil production is likely to drop further in coming months, judging by statistics from OilX, a consultancy that uses imaging data from NASA satellites to measure flaring. It estimates that output fell earlier this month to a low of 9.76 million barrels a day. On average, Russia pumped about 10.2 million barrels a day in the first two weeks of April.

While the losses appear to have stabilized in recent days, April represents a big drop from the 11.1 million of February, before the impact of the invasion of Ukraine, and the 11 million of March.

The behavior of the Russian oil companies themselves highlights the declining international demand for their product. State-controlled Rosneft PJSC is trying to sell millions of barrels of crude in Europe and Asia via tenders that close on Thursday. Typically, Rosneft sells via long-term deals with commodity traders like Vitol Group, Trafigura Group and Glencore Plc. But Western traders face a deadline of May 15 from the EU that restricts their dealings with Rosneft and several other Russian companies to “essential” activity needed to supply the EU.

What essential means is open to interpretation, and for now many traders are simply reducing their dealings. If the production losses so far in April continue and deepen in May, as many in the industry expect, the laws of supply and demand will take over. Oil markets are like the proverbial tanker: they take time to turn. But turning they are. And that means prices are heading higher, again. "

[kurdman63] 23/4/2022 21:32

Yes David 😂😂😂⚰ᥧ9;

[turvart] 23/4/2022 21:20

Kurdman63,

Ha ha ha your awful ;-)

[releasethekraken] 23/4/2022 20:59

193,180 after Friday market close buy @247.36Every day last week large worked buys - reported in and after hours.

[thebabe] 23/4/2022 18:13

193,180 after Friday market close buy @247.36Every day last week large worked buys - reported in and after hours.

[highlander7] 23/4/2022 17:14

Bloomberg ...

The behavior of the Russian oil companies themselves highlights the declining international demand for their product. State-controlled Rosneft PJSC is trying to sell millions of barrels of crude in Europe and Asia via tenders that close on Thursday. Typically, Rosneft sells via long-term deals with commodity traders like Vitol Group, Trafigura Group and Glencore Plc. But Western traders face a deadline of May 15 from the EU that restricts their dealings with Rosneft and several other Russian companies to “essentialR21; activity needed to supply the EU. What essential means is open to interpretation, and for now many traders are simply reducing their dealings.

If the production losses so far in April continue and deepen in May, as many in the industry expect, the laws of supply and demand will take over. Oil markets are like the proverbial tanker: they take time to turn. But turning they are. And that means prices are heading higher, again.

[thebabe] 23/4/2022 17:05

PUTUP NOBULL THEORYMAN all working hard on LSE Friday night and weekend LOLOLOLOLFill yer boots!!!!!

[thebabe] 23/4/2022 16:57

Now is the time to buy GKP below 250p share price here are the reasons why IMO.The oil payments update every month of which are usually released on the 4th of each month are running 3 months and 4 days behind, so when oil exploded in Feb the payment RNS for Feb won't be released until 4th June.Before the 4th of June GKP are Ex-Dividend on the 28th April paying out approx 23p dividend, that is 9.3% yield just on this one payment at Friday's closing price, GKP is also paying out approx 9p going Ex-div AGAIN!!! on the 30th June, those 2 payments of which are basically a combined 13% yield for waiting from here until the end of June is just unbelievable!!! and by the 4th of July GKP will be releasing March payments information of which should blow the bloody doors off.The amount of cash in bank GKP will have by the end of Summer is just amazing because IF Putin ended the war at the end of April and oil retraced then GKP sales figures will explode until 4th of August and by the 4th of August I predict NAV will be higher than the current share price Is the War going to end soon?, I sincerely hope so because my largest holding is EVR and I want to see Abramovich get unsanctioned and EVR trading again hopefully.But in my heart of hearts I feel that the war is not going to end I am using this brilliant stock GKP to hedge my EVR investment.Even if the war does end and oil retraces to silly levels, by the time it does then EVR will have so much cash in the bank NAV will probably be higher than £3 share price on NAV alone so where is the risk from 250p?This stock is a no brainer and brilliant edge to EVR future.