Gulf Keystone Petroleum Share Discussion Threads

[ptmorris1] 19/10/2022 15:30

@1waving, in one of Alex Christoforou's YT videos this week he mentioned that Saudi Arabia is looking to join BRICS. This was after a meeting with the leader of South Africa. For them to even just contemplate this means that Biden has really upset them. So much so that they are now looking North and East instead of West.
Rhetorical question: And currently how much military arms trade does Saudi pass by the US? ...

[sbb1x] 19/10/2022 15:30

Finally moving... our big trader got enough stock now....

[sbb1x] 19/10/2022 15:17

Trying to swing the mid terms :)

[johnbuysghost] 19/10/2022 15:14

The spectre of a Chinese takeaway haunts GKP now.

Not long until the end.

[1waving] 19/10/2022 15:11

From The Gateway Pundit

Joe Biden Announces Release of Another 15 Million Barrels of Oil from Strategic Reserves to Boost His Chances in Midterm Elections
By Jim Hoft
Published October 19, 2022

The AP reported:

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations, and he will say more drawdowns are possible this winter, as his administration rushes to be seen as pulling out all the stops ahead of next month’s midterm elections.

Biden will deliver remarks Wednesday to announce the drawdown from the strategic reserve, senior administration officials said Tuesday on the condition of anonymity to outline Biden’s plans. It completes the release of 180 million barrels authorized by Biden in March that was initially supposed to occur over six months. That has sent the strategic reserve to its lowest level since 1984 in what the administration called a “bridge” until domestic production could be increased. The reserve now contains roughly 400 million barrels of oil.

This is merely a political ploy ahead the midterms to help Democrats hold on to the House and Senate.

Just two years ago the Democrats blocked President Trump from filling the Strategic Oil Reserves at $24 per barrel.
The Democrats cost the US BILLIONS in potential profits, Bloomberg News reported.
.......

Saudi Arabia put one finger up at Biden
" Commie in Chief Biden asked a foreign government to alter gas prices until after the mid-term elections.

That same Commie has been slowly releasing our Strategic Oil Reserves to a 40 year low, in order to artificially alter gas prices leading up to mid-terms. "

[thebabe] 19/10/2022 15:08

BANG GONE - this Friday JB

[thebabe] 19/10/2022 15:07

TAKEOVER ANNOUNCEMENT COMING THIS FRIDAY
“confirmed�
by BIGDOG RE-ITERATES - and you can take that to the BANK
.
CONVICTION BUY

" FILL YER BOOTS "

[bigdog5] 19/10/2022 15:01

Not at all fake johnyboy.

No one is interested in 250m (subject to a downgrade due to all the water found) of very heavy and difficult to extract 12-18API oil.

If the field was any good and had even a very small fraction of what Kozel and mates bragged about it would have been bought years ago.

The fact that it's taken 8 years to add 3k a day to production clearly shows that the field has enormous issues. The fabled 55k a day was supposed to take 18 months and yet here we are eight years later and they're still 10k short.

How can the company expect to have any credibility based on those facts? They state that its "performing to expectations" so are we to believe their expectations are extremely low? The recent wells they say are below their expectations so that's contradictory in any language.

You're welcome:-)

[johnbuysghost] 19/10/2022 14:37

Amazing how GKP is still an independent company as we go into 2023.

Astonishing actually.

[johnbuysghost] 19/10/2022 14:34

Yeah I agree. More divi's incoming according to the lunch queue.

[sbb1x] 19/10/2022 14:26

Must be lowest volune ever today.I reckon another dividend will be anounced in November and be paid just before xmas. Or a buyback, it will be one or the other.

[habshan] 19/10/2022 13:35

"with the hosts announcing they have way less than 3b barrels (shall we say 2b?) of proven oil doesn't that prove my view correct....."

No Sarah it doesn't prove your view correct, but you have at least used the correct term "proven oil".

With the rest of it being so far "unproven".

Which is hardly surprising seeing as the development of the Kurdish fields is in it's infancy and has barely scratched the surface.

Jon Harris - "A revised CPR is expected to be released following FDP approval."

[thebabe] 19/10/2022 13:23

TAKEOVER ANNOUNCEMENT COMING THIS FRIDAY
“confirmed�
by BIGDOG RE-ITERATES - and you can take that to the BANK
.
CONVICTION BUY

" FILL YER BOOTS "

[bigdog5] 19/10/2022 12:34

Hey sarahgibbs, with the hosts announcing they have way less than 3b barrels (shall we say 2b?) of proven oil doesn't that prove my view correct that "your" samimack report was a load of BS?

It also destroys the Kozel's BS numbers as well.

All about the CPR's:-)

[nufc9] 19/10/2022 12:01

Sudani’s Promises to Kurds

In the televised speech that Sudani gave on Thursday evening, shortly after being designated Iraq’s next prime minister, he pledged to strengthen relations between Erbil and Baghdad and act on the basis of the post-Saddam constitution.

That constitution provides a federal system for Iraq, with key powers devolved to local institutions. Kurdish officials regularly appeal to the authority of the constitution.

Yet it has become common practice for officials in Baghdad to ignore the constitution. Indeed, in his memoirs, “Staking our Claim,” (available in English and several other languages), Barzani stated that Iraqi authorities had violated “nearly 55 articles” of the Iraqi constitution, since 2005, when it came into effect.

In speaking with Kurdistan 24, Sudani also pledged he would ensure that federal money for the budget of the Kurdistan Region was sent to Erbil in a timely fashion—another point of contention with Baghdad.

[sbb1x] 19/10/2022 11:40

Been buying back this morning. 200 looks solid.

[thebabe] 19/10/2022 11:34

......;)..........................................................
TAKEOVER ANNOUNCEMENT COMING THIS WEEK
“confirmed�
by BIGDOG RE-ITERATES
.
CONVICTION BUY

" FILL YER BOOTS "
................................................................

[bigdog5] 19/10/2022 11:31

Gooooooooood Mooooooorning suckers, any signs of Mr Carroll's imminent takeover that he and his multi avatar BS errs have been predicting for eight plus years now?

Has nestofBS phoned the Chinese Embassy to ask why they haven't bought the field yet? How did his pleading go cos its so obvious he's totally desperate to get a small fraction of his outlay back.

The thing is Erbil always go begging to the Yanks and Baghdad have prevented the Chinese from getting more contracts down South so how would you expect Baghdad to react especially as they have made the PSC's illegal and talk of "smuggled oil"? All Erbil does is keep mentioning the constitution but how far has that got them in 15 years, lol. However, Baghdad have up the stakes, you'll see.

And there's poor old highlander7 still plugging away at the oil price, the only thing that's keeping the share price from not plummeting down to £1.25 due to all the recent wells failing and or finding water or according to the company, "not up to expectations". And the poor schmuck reckons Erbil will get their way over an oil law that's been in negotiating mode for 15 plus years, lol. And he's just another of you clowns that reckon companies buy "make believe" barrels that don't exist!!!

I note the share price is back down to 2p territory. Off you go nestofdesperation, phone the Chinese Embassy, lol.

[giant_canine] 19/10/2022 10:44

The sniffing around will be done.Is HCL essential for GKP to be sold / JV? You think yes.I don't.