Gulf Keystone Petroleum Share Discussion Threads

[releasethekraken] 30/7/2022 18:22

The time for someone to buy GKP is the "lull" before the next big ramp up in production imo.So either just before, or just after FDP approved. So fairly soon.Blackrock are not in for fun, they are here to make money, serious money.

[bumkin] 30/7/2022 18:13

Thank you for your response napoleon 14th, I hope now that they won’t be ‘taking you away’ 👍🤣

[nestoframpers] 30/7/2022 18:04

So if someone knows all about Frenchboy how come he has only been registered on here for a year ? If Frenchboy is a criminal then why haven't the Police found him yet ? just a scam to get your details ? why have a new avatar if you have been around as long as this BB ? embarrassed by your old one ?

NeutralPOV filtered along with 1000's of other time wasters.

[thebabe] 30/7/2022 17:08

The time for someone to buy GKP is the "lull" before the next big ramp up in production imo.So either just before, or just after FDP approved. So fairly soon.Blackrock are not in for fun, they are here to make money, serious money.

[thebabe] 30/7/2022 17:07

It beggars belief that GKP could / would/ or the MNR would ever allow - to full scale develop Shaikan - if the matrix is releasing - which by now the company will know then the reserves move form huge to enormous.The new FDP is a commercial and technical document - showing how the field would be developed and how that might be funded. It also prompts a new CPR.GKP has been a project company - this FDP award is the the natural watershed for change of operator hence why it took over 3 years longer to be submitted ( in 2018 it was stated to be delivered 2018 DEC) and still now waits approval......IMO as is the norm in Bermuda M+A the co entered a sales implementation agreement probably 2018, and all the action post this are fulfilment of the conditions of the agreement, corporate, technical, WIP, board appts....The co clearly has been helped recently by the MNR ( last 3 payments well ahead of payment due dates ) plus the co has spent 80% of its cash resources by Tuesday next in 4 weeks( it ain't bothered about liquidity any more).Wanda new NED entirely unneeded accept for her previous experience re: appointment into 2 Bermuda companies being amalgamated.So we are very near indeed.

[bigdog5] 30/7/2022 16:11

But Stockport, wouldn't you think it a bit risky for anyone to buy the company now bearing in mind Baghdad's Supreme Court ruling the PSC's illegal?

Then there's the outcome from the recent meet in Baghdad where its been reported that the Kurds have asked for a delay until there's a new Govt and an Oil law. However as we've witnessed over the years an Oil law has been talked about for fifteen years and is still to arrive so that doesn't look like any time soon.

I will agree that its odd that the company are prepared to run their bank balance down far too low for safety sakes especially as there are massive costs on the way.

Then there's the FDP that's taking a very long time to be agreed. Hardly any improvement to production since December 2014, no increases to the Reserves in over 8 years despite loads more wells, a huge and costly gas flaring project to fund (news on the tender is taking a long time as well, is there a problem:-) and of course the 85k a day within 42 months of the FDP agreement which imho is beyond their capabilities.

Have the company finally accepted they can't progress and have given up trying to do so? That's my view. However who would risk buying them and upsetting Baghdad and getting blacklisted?

So what could the hosts be up to? Merger with other companies in Kurdistan? Buyout (they already speak for 35% with their "mates").

Interesting innit:-)

[giant_canine] 30/7/2022 15:55

It beggars belief that GKP could / would/ or the MNR would ever allow - to full scale develop Shaikan - if the matrix is releasing - which by now the company will know then the reserves move form huge to enormous.
The new FDP is a commercial and technical document - showing how the field would be developed and how that might be funded. It also prompts a new CPR.
GKP has been a project company - this FDP award is the the natural watershed for change of operator hence why it took over 3 years longer to be submitted ( in 2018 it was stated to be delivered 2018 DEC) and still now waits approval......
IMO as is the norm in Bermuda M+A the co entered a sales implementation agreement probably 2018, and all the action post this are fulfilment of the conditions of the agreement, corporate, technical, WIP, board appts....
The co clearly has been helped recently by the MNR ( last 3 payments well ahead of payment due dates ) plus the co has spent 80% of its cash resources by Tuesday next in 4 weeks( it ain't bothered about liquidity any more).
Wanda new NED entirely unneeded accept for her previous experience re: appointment into 2 Bermuda companies being amalgamated.
So we are very near indeed.

[neutralpov] 30/7/2022 15:48

IDENTIFICATION OF frenchboy24

Nice pump in progress again, but we've seen it all before.




Friends, I repeat my offer.

If you have information that will lead to the identification of the alleged airline purser frenchboy24, absconding for years, a certain prophetic share marshalling service will pay you USD 10,000. Message me for more details.

[giant_canine] 30/7/2022 14:51

Well - nonsense takeover.........
It beggars belief that GKP could / would/ or the MNR would ever allow - to full scale develop Shaikan - if the matrix is releasing - which by now the company will know then the reserves move form huge to enormous.
The new FDP is a commercial and technical document - showing how the field would be developed and how that might be funded. It also prompts a new CPR.
GKP has been a project company - this FDP award is the the natural watershed for change of operator hence why it took over 3 years longer to be submitted ( in 2018 it was stated to be delivered 2018 DEC) and still now waits approval......
IMO as is the norm in Bermuda M+A the co entered a sales implementation agreement probably 2018, and all the action post this are fulfilment of the conditions of the agreement, corporate, technical, WIP, board appts....
The co clearly has been helped recently by the MNR ( last 3 payments well ahead of payment due dates ) plus the co has spent 80% of its cash resources by Tuesday next in 4 weeks( it ain't bothered about liquidity any more).
Wanda new NED entirely unneeded accept for her previous experience re: appointment into 2 Bermuda companies being amalgamated.
So we are very near indeed.

[giant_canine] 30/7/2022 14:48

Well - nonsense takeover.........
It beggars belief that GKP could / would/ or the MNR would ever allow - to full scale develop Shaikan - if the matrix is releasing - which by now the company will know then the reserves move form huge to enormous.
The new FDP is a commercial and technical document - showing how the field would be developed and how that might be funded. It also prompts a new CPR.
GKP has been a project company - this FDP award is the the natural watershed for change of operator hence why it took over 3 years longer to be submitted ( in 2018 it was stated to be delivered 2018 DEC) and still now waits approval......
IMO as is the norm in Bermuda M+A the co entered a sales implementation agreement probably 2018, and all the action post this are fulfilment of the conditions of the agreement, corporate, technical, WIP, board appts....
The co clearly has been helped recently by the MNR ( last 3 payments well ahead of payment due dates ) plus the co has spent 80% of its cash resources by Tuesday next in 4 weeks( it ain't bothered about liquidity any more).
Wanda new NED entirely unneeded accept for her previous experience re: appointment into 2 Bermuda companies being amalgamated.
So we are very near indeed.

[shortsqueezer] 30/7/2022 14:32

Same here :-))

[turvart] 30/7/2022 13:35

I use Barclays smart Investor, except I'm not very smart hahaha.

[pro_s2009] 30/7/2022 12:44

Dividend history 2022 :

25/05/2022 Special Cash Dividend 19.54p
30/03/2022 Final Dividend 9.57p
30/03/2022 Interim Dividend 23.78p
24/01/2022 Interim Dividend 17.20p

[heyjude11] 30/7/2022 12:15

I am in AJ Bell the dividend landed 09:23 29/07

[1khufu] 30/7/2022 12:06

Mr Turvart -I see your second divi has come in- mine takes much longer. Can you advise me as to the broker you use or a recommendation please. Thanks

[napoleon 14th] 30/7/2022 11:31

Can't comment on other companies as this is too company specific.
We all know that GKP is hugely cash positive, but other companies might not be,
so there's no relief factor with GKP at paying back debt.

A neutral effect short term IMO as liabilities will be down by as much as cash will.
Long term can only be good as the debt ratios fall without affecting cash generation.
Positive situation anyhow. Just my 2p's worth.

[bumkin] 30/7/2022 09:24

With reference to the Bond Redemption on Tuesday, does anybody have experience of other companies who have done this and, if so, was there any effect on their SP?

[ptmorris1] 30/7/2022 09:24

@FrenchCriminal, had a look at the page source and the image is online at hxxps://postlmg.cc/gxLrvs3Z

[the count of monte_cristo] 30/7/2022 08:42

Oh nice, a new thread without all the nonsense takeover posters.

[jackpotjack] 30/7/2022 08:04

Thanks for setting up Pro, no need for the other thread now.In the bin big dog

[pro_s2009] 30/7/2022 05:42

And they tell you oil demand is going to be destroyed.....when in fact, its likely to remain going up albeit slower, while supply struggles to maintain current levels.......eg...supply deficit in 2023.



A typical "green" story.

Hawaii will no longer use coal - Hurray......

But the green energy to replace it currently does not exist - Ohhhhh....

In the interim we will use oil for power generation - Ahhhh.....

But this will cost 5 times the current price - Shiiitttte......

In the end the green energy will replace the oil - Hurray......

At the same cost as oil - Ohhhhhh.............

Can we go back to cheap coal then ????






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