Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 27/8/2022 15:31

HTTPS://twitter.com/111notout1/status/1563510640940986370?s=21&t=Du2EE5qW7xVHZIUZwGUNXw

[habshan] 27/8/2022 15:11

Bigdog - "Threats of blacklisting buyers, traders, transporters."

So that would be the very same world's biggest buyers traders and transporters such as Rosneft, Vitol, Trafigura and Glencore along with Turkey who buy sell trade and transport Iraq's own oil then Sarah???

Are they really going to blacklist their own customers.

ALL of Iraq's oil from it's northern fields is transported and exported through Turkey AND Kurdistan, so the first thing to be shut down would be Iraq's northern fields including Kirkuk.

You're suggesting that the ICG are going to blacklist all the organisations including those of the Turks that they themselves are dependant on.

You just don't think things through do you Sarah.

[releasethekraken] 27/8/2022 14:16

HTTPS://twitter.com/111notout1/status/1563510640940986370?s=21&t=Du2EE5qW7xVHZIUZwGUNXw

[releasethekraken] 27/8/2022 14:11

HTTPS://twitter.com/111notout1/status/1563510640940986370?s=21&t=Du2EE5qW7xVHZIUZwGUNXw

[habshan] 27/8/2022 09:54

Bigdog - "They are blacklisting and have blacklisted various company who work in the North and won't be receiving any contracts in the South if they ignore their wishes."

Chinese Sarah? Are the ICG and Tehran really going to alienate China by blacklisting and dictating to Chinese companies. DQE and their Chinese chums can provide all the drilling and oilfield services we need along with the hundreds of companies from other countries that don't work in southern Iraq.

The Chinese will be left well alone.

RNS 11/3/19 - "DQE's Rig 40 is currently being prepared ahead of the imminent Jurassic drilling campaign, which remains on schedule to be mobilised for the SH-H well later this month."

DQE International, Key Principal Gao Xingyuan, - Oil and gas field services, Drilling oil and gas wells , Mud service, oil field drilling , Inspection and testing services Engineering services.

"Chinese companies today are involved in upstream, midstream, and downstream operations in Iraq."

Shafaq News 18/6/22:-

"China-Iraq relations have advanced in recent years.

China-Iraq energy cooperation has been the cornerstone of their bilateral relationship since 1981, when the China Petroleum Engineering and Construction Corporation started operations in the country.

Chinese companies today are involved in upstream, midstream, and downstream operations in Iraq.

On the other hand, Iraq is one of the top suppliers of crude oil to China.

Last year, Iraq became a top recipient of Chinese investment and a critical link in Beijing's Belt and Road initiative. Almost 20 years after the war in Iraq began, billions of Chinese yuan are being invested in assorted projects, from green energy capabilities and heavy oil plants to building roads and schools.

Fudan University's Center for Green Finance and Development in Shanghai reported that in 2021, Iraq received $10.5 billion in investment under the Belt and Road infrastructure initiative."

[nestoframpers] 27/8/2022 08:06

If the KRGs PSCs are legal (within the constitution) as they claim then surely they can sue Baghdad for liable and commercial damage? ICG must be trying it again now due to the pressure Russia is putting on the west.

[highlander7] 27/8/2022 05:21

OIL AND GAS PRODUCERS TO BREAK NEW CASH FLOW RECORDS
By Michael Kern - Aug 26, 2022

Despite rising costs, oil and gas producers globally are expected to book new records in cash flows and offer the best return on capital employed (ROCE) in 15 years, BMO Capital Markets said in a new report cited by Upstream.

Stronger oil and gas prices will be the key driver of record cash flows in the industry, according to an analysis by BMO Capital Markets of 120 oil and gas firms globally.

Last year, for example, those companies generated a record $300 billion of free cash flow, compared to just $17 billion in 2020, the Canadian bank said. And cash flows are set to rise further as energy commodity prices rally.

The massive cash flows are expected to boost the role of the oil and gas sector in investing in the energy transition and decarbonization, BMO Capital Markets noted.

DESPITE RISING COSTS OF PRODUCTION AND COST INFLATION IN THE SUPPLY CHAIN, THE BANK SAYS THAT THE OIL AND GAS SECTOR OFFERS “COMPELLING VALUE FOR A SELECT SUBSET OF PRODUCERS WITH VASTLY IMPROVING RETURNS PROFILES.”

“WE CONTINUE TO BELIEVE THAT GLOBAL UNDER-INVESTMENT PRESENTS SUBSTANTIAL UPSIDE TO FUNDAMENTAL SUPPORT LEVELS THROUGH 2025,” BMO SAID IN ITS REPORT CARRIED BY UPSTREAM.

The oil and gas sector’s return on capital employed (ROCE) could hit next year the highest level since the 2008 financial crisis, with ROCE possibly topping 25% by 2023.

In another report, Deloitte said this week that oil and gas exploration and production (E&P) firms globally could generate combined cash flows of a record $1.4 trillion this year, thanks to high prices in the ongoing readjustment in the energy markets.

Capital discipline has resulted in the oil and gas industry being “in one of its healthiest periods currently, with its lowest ever leverage ratio (20%) and one of its highest ever dividend yields (6%), compared to other sectors,” according to Deloitte.

By Michael Kern for Oilprice.com

[pro_s2009] 27/8/2022 01:45

Golden age of hydrocarbon investments........ from five and a half minutes in..



.

[bigdog5] 26/8/2022 23:49

There is a huge difference this time as regards the threats coming from Baghdad. They are blacklisting and have blacklisted various company who work in the North and won't be receiving any contracts in the South if they ignore their wishes. Hence why the "major companies" have departed. They are also aiming their words at both Turkey and Erbil as regards what they are stating is "smuggled oil". They have also now aimed their threats against oil buyers and traders. Its very clear the Kurds are going to have to move a great deal closer towards the wishes of Baghdad if they have any chance of settling the sixteen year dialogue.

Sarah Hills, you really should do some research and check out what I've said about Total selling their percentage of the licence and departing Kurdistan, the quality of their oil, what they hoped to receive for the sale and what they actually managed to get. You will find what I posted about it earlier to be completely accurate.

Surely posting what is in fact accurate and can be verified of more help and value than all the invented tripe and BS you idiots have been conning yourselves with for over ten years.

notaramper says, "Also they keep trying to baffle people with their theoretical figures".

The CPR's state the numbers, the 58% comes from the company and can be found in the Presentations and my calcs use what Total's asset comprised of and the value they received when selling it. The numbers can be verified unlike any of the figures and data from the Kozel era that you delusional clowns desperately cling to.

Happy to help.

[habshan] 26/8/2022 21:24

"SOMO’s letter relies on a politically motivated opinion by a panel of lawyers pretending to be the ‘Federal Supreme Court of Iraq,’” said the KRG’s natural resources ministry on Friday."

Nail on head.

[jackpotjack] 26/8/2022 21:19

Well if Russia can still sell oil then no worries here....

[habshan] 26/8/2022 21:03

"Iraq threatens new legal action against Kurdistan crude buyers"

"The action mirrors a similar move by Iraq’s oil ministry in 2014 to block vessels loading crude from the Kurdistan region from unloading at foreign ports."

Well that effort 8 years ago fell flat on it's face when everybody just ignored us so let's have another go.

[releasethekraken] 26/8/2022 19:40

The company is hugely valuable.Only when sold will this become clear.Buyers want cheap stock.

[notaramper] 26/8/2022 19:26

No normal person who holds a lot of shares would keep posting negative spiel.It doesn't make sense.You would look for positives not rebuff them.Also they keep trying to baffle people with their theoretical figures.
Doesn't bother me as thhey have zero influence on anything.

[releasethekraken] 26/8/2022 18:47

No they paid.Hannam naughty step....

[releasethekraken] 26/8/2022 18:32

He's paid to do it.He's a HUGE buy signal.

[shortsqueezer] 26/8/2022 17:33

I don't think anyone takes it seriously any more they haven't got a leg to stand on. Hence they keep repeating this old rhetoric which nobody gives any credence to. Otherwise our share price would not be rising. I'm actually enjoying seeing them squirm to be honest.

[nufc9] 26/8/2022 17:00

"The letter issued by Somo is "nothing more than another drip in a stream of disinformation" KRG's Ministry of Natural Resources said in a statement on Friday.

Same could be said about bigdog's posts.