Gulf Keystone Petroleum Share Discussion Threads

[arcadian] 17/1/2023 12:09

True but all the positives are affected by uncertainty for a while at least.

[releasethekraken] 17/1/2023 11:59

Why apprehensive?Loads of oil , loads of cash, loads of FCF, most attractive Indy e and p on earth

[arcadian] 17/1/2023 10:49

Apprehension is the current mood as we await the results of many difficult dialogues.

[releasethekraken] 17/1/2023 10:34

Genel didn't really offer specifics regarding late payments.Pretty blasé ..Expect payment to normalise .They also haven't agreed to any new Kurdistan blend pricing structure..If they do they will announce it..

[nestoframpers] 17/1/2023 09:50

Yes Hydro free float drying up and also clear that the share price has been milked by those in the know or maybe just 'very lucky'.

[2bluelynn] 17/1/2023 09:39

Will some one ask and update the board please Thanks in advance

[arcadian] 17/1/2023 09:29

There is only one question.

[releasethekraken] 17/1/2023 09:14

They have a webinar anyone can join meeting and ask questions.At 10am.

[fairenough11] 17/1/2023 08:47

Genel don't think the late payments are worth mentioning so I think we can say it's probably down to the "other" discussions currently going on,Oil Law,change in pricing etc etc and in GKPs case,FDP.
One thing for sure all Kurdy Oil Cos will get paid imo.

[releasethekraken] 17/1/2023 08:38

The macd is the telling clue.Huge and steady accumulation since last October

[hydrocarbon1] 17/1/2023 07:55

ADVFN showed late reported trades from yesterday posted this morning.
Most significant 187,875 @ 197.60 (right in middle of spread) time- 17.54

16-Jan-23 17:54:04 197.60 24,519 Unknown*
16-Jan-23 17:54:04 197.60 187,895 Unknown*

[sbb1x] 17/1/2023 07:53

Should rns ... why we haven't been paid for August

[beernut] 17/1/2023 07:46

Kurdish President and White House coordinator discuss developments, ‘energy security'
US envoys in both Erbil and Baghdad attended the meeting as well. author_image Kurdistan 24
52 Minutes

Kurdistan Region President Nechirvan Barzani (right) during his meeting with White House Coordinator for Middle East and North Africa Brett McGurk in the capital Erbil, Jan. 16, 2023. (Photo: Kurdistan Region Presidency) Kurdistan Region President Nechirvan Barzani (right) during his meeting with White House Coordinator for Middle East and North Africa Brett McGurk in the capital Erbil, Jan. 16, 2023. (Photo: Kurdistan Region Presidency)
Kurdistan US Kurdistan Region Brett McGurk
ERBIL (Kurdistan 24) – President Nechirvan Barzani on late Monday received a senior White House delegation in Erbil, following the officials visit to the Iraqi capital earlier.

The latest political developments in the Kurdistan Region and Iraq as well as maintaining “energy security” were discussed in the meeting between President Barzani and White House Coordinator for Middle East and North Africa Brett McGurk, according to a statement.

Bilateral relations between Erbil and Washington, the “latest political developments in Iraq and the Kurdistan Region”, as well as relations between the federal government and its regional counterpart were discussed, a statement from the Kurdish presidency read.

US envoys in both Erbil and Baghdad attended the meeting as well.

Another senior official, US Special Envoy and Coordinator for International Energy Affairs, Amos Hochstein, also attended the meeting. President Barzani and the senior diplomats discussed developing joint cooperation in all areas, including “in the field of energy and maintaining energy security,” the statement noted.

“President Nechirvan Barzani presented a detailed overview of the developments in Iraq and the Kurdistan Region, including steps taken to resolve the pending issues,” the statement added.

Earlier Monday, McGurk met with Iraqi Prime Minister Mohammad Shia’ Al-Sudani in Baghdad, where they discussed bilateral relations.

[beernut] 17/1/2023 07:41

President Nechirvan Barzani discussed the latest political developments with a high-level US delegation
Kurdistan
Nechirvan Barzani

2023-01-17 05:38


Font
Shafaq News/ President Nechirvan Barzani received late Monday evening the National Security Council Coordinator for the Middle East and North Africa, Mr. Brett McGurk, who is visiting Iraq accompanied by a high-level US delegation including the US Special Envoy and Coordinator for International Energy Affairs, Mr. Amos Hochstein, and the US Ambassador to Iraq Ms. Alina Romanowski.
The two sides discussed the latest political developments in Iraq, US relations with Iraq and the Kurdistan Region, Erbil-Baghdad relations and the talks to resolve their differences, the developments in the Kurdistan Region, and the process of the unification of the Peshmerga

[shortsqueezer] 17/1/2023 07:08

Genl update. No mention of the overdue payments. Must be reasonably happy about the reason then. Interesting

[highlander7] 17/1/2023 05:02

The point is that it has been deliberately made this way for a reason. The same reason we have been harassed by the same trolls for ~ 12 years.

H7

[shortsqueezer] 16/1/2023 18:29

Nest, it's been an interesting and exasperating journey that's for sure.

[nestoframpers] 16/1/2023 18:27

When this is all over we will only remember the good times we had on the BB , that's the way it goes ;o)

[nestoframpers] 16/1/2023 18:20

CPR 1 & 2 were a total disgrace they reduced a sea of oil to a small lake, but it was meant to be that way, keep it below the radar. ECRE the Co Cashti Harawri set up did the dirty deed. He also authorised GKPs entry into AIMs , and his wife was found with $200 Mn in cash in Turkey from memory.

What about the fabled $70 Mn Nadhim Zahawi was meant to have paid the Chinese? What was that for visits to the strip club? Ridiculous episodes at the trial going over the value of Shaikan , the Wempens wanted £3 Bn FFS.

[habshan] 16/1/2023 17:05

Bigdog - "But they haven't got 13 Bn blls of moveable oil. as confirmed by ALL the CPR's. They say they've got 120m of 1P."

So after all these years and after it being explained to you at least a dozen times you still think that ALL the oil that is contained within this vast structure has already been found and proven up, and that the numbers contained in those CPRs are cast in stone and that that's it there is no more oil.

So why did Jon Ferrier make a point of stressing that only 9 holes had been drilled, if all the oil has already been found then what difference does if make if 9 or 900 holes have been drilled, why mention it:-

JF - "It's big, the big area that we're dealing with, and in all that we've got 9 little holes puncturing that reservoir."

And why does Jon Harris need to generate a new CPR. If as you seem to think, there is no more oil to be proven then why does a revised CPR need to be issued, what's wrong with the old one.

Jon Harris - "HOWEVER, GKP continues to report reserves based on the 2016 ERCE Competent Person's Report ("CPR"), the last audited assessment of reserves. A revised CPR is expected to be released following FDP approval."

The numbers in the CPRs that you keep banging on about are based on the 2016 CPR and are simply minor adjustments to the numbers given in that ultra conservative CPR.

If all he's going to do is keep subtracting production from the last CPR update then why does he need to wait until FDP approval before issuing a new one.

Yes Sarah, questions.

You still don't understand about CPRs do you, they ARE NOT cast in stone, they are simply a snapshot taken for a specific purpose and as the field is developed and more areas of the field are PROVEN UP then the PROVEN reserves will increase.

A new CPR which will supercede the one issued in 2016 has been generated as part of the new FDP submission to show that the field can support Phase 1 production of some 90kbpd and we'll get to see that after the new FDP has been approved, the 2016 CPR was deemed fit for purpose as it only needed to show that the field could produce the Phase zero target of 40kbpd.

[hydrocarbon1] 16/1/2023 16:25

GENL +4.50%

[releasethekraken] 16/1/2023 16:20

37,337 worked buy...

[releasethekraken] 16/1/2023 16:07

Cash and debtor's around 300m bucks over half mcap.Lol.

[highlander7] 16/1/2023 16:01

From Schlumberger ....


Moveable hydrocarbons
1. n. [Formation Evaluation]

The volume of hydrocarbons per unit volume of rock that can be moved on production, measured in volume/volume or porosity units. Typically only primary and secondary production methods are considered when estimating moveable hydrocarbons. Moveable hydrocarbons are not necessarily the same as moved hydrocarbons, which are those hydrocarbons that have been moved by invasion.

Note Doggie ..

MOVED ON PRODUCTION

lol