Gulf Keystone Petroleum Share Discussion Threads

[bubblingup] 20/1/2023 16:08

Expect the unexpected..

[releasethekraken] 20/1/2023 14:24

Thanks nufc for those that might have missed it..#GKP included in Peel Hunt’s ‘Top Growth Stocks 2023’ note last week. Their target price :340 which 75% the current levels#GKP 2023E OUTLOOK. Assuming timely approval of the Shaikan expansion projectFDP, investment in further drilling and production facilities should pave the wayfor another year of meaningful production and cash flow growth.#GKP Peel Hunt forecastslook for gross FY23E production capacity increasing to 55Mbbl/d. Assuming the capital programme continues as expected, this ought to generate operating cashflow of PHe US$400m.#GKP Offset by net capex of PHe US$180m and an assumedbase PHe US$75m dividend, the business should still generate postcapex/dividend FCF of US$144m, equivalent to a yield of 27%. In terms ofearnings, our forecasts also see the business trading on just c.1x EV/EBITDAX.

[releasethekraken] 20/1/2023 13:21

HTTPS://twitter.com/111notout1/status/1616425475001262080?s=61&t=EQj6n_slO3-8vx-AJNkw1Q

[releasethekraken] 20/1/2023 13:01

Chevron has lots of heavy oil expertise.

[johnbuysghost] 20/1/2023 12:58

Some whispers that a US major is first in line for GKP.........but which one????.......or will it be more than one????

[highlander7] 20/1/2023 11:47

Thanks RTK.

Its confirmation that the Yanks are indeed calling the shots behind the scenes.


H7

[releasethekraken] 20/1/2023 11:45

That represents the pre HCL interim agreement the US was demanding a few weeks ago.........."I stressed that until then the KRG welcomes coordination with Baghdad to continue production and development of its energy sector."

[arcadian] 20/1/2023 11:41

Equally important and rightly so if cooperation and agreement are to be achieved.

[highlander7] 20/1/2023 11:31

This is much more relevant.....

"I stressed that until then the KRG welcomes coordination with Baghdad to continue production and development of its energy sector."

[johnbuysghost] 20/1/2023 11:28

Buys coming in for any small amount.

Looks like news soon.

[hydrocarbon1] 20/1/2023 11:15

Ticker Name Mid Pct Bid Ask Trades RNS Tools
GENL Genel Energy 131 +5.70%

[arcadian] 20/1/2023 11:08

I just love this rider

...........a federal hydrocarbons law in line with the Iraqi Constitution.

Such a gentle punch.

[releasethekraken] 20/1/2023 10:44

Peel Hunt include GKPTop growth stocks for 2023..HTTPS://twitter.com/alaliqasem/status/1616381611204804608?s=61&t=tedhTq0r8e2lVd4EQbrYKw

[nufc9] 20/1/2023 10:40

#GKP included in Peel Hunt’s ‘Top Growth Stocks 2023’ note last week. Their target price :340 which 75% the current levels

#GKP 2023E OUTLOOK. Assuming timely approval of the Shaikan expansion project
FDP, investment in further drilling and production facilities should pave the way
for another year of meaningful production and cash flow growth.

#GKP Peel Hunt forecasts
look for gross FY23E production capacity increasing to 55Mbbl/d. Assuming the capital programme continues as expected, this ought to generate operating cash
flow of PHe US$400m.

#GKP Offset by net capex of PHe US$180m and an assumed
base PHe US$75m dividend, the business should still generate postcapex/dividend FCF of US$144m, equivalent to a yield of 27%. In terms of
earnings, our forecasts also see the business trading on just c.1x EV/EBITDAX.

[nufc9] 20/1/2023 10:15

PM Barzani discusses Erbil-Baghdad differences with Hochstein

Shafaq News / The Prime Minister of the Kurdistan Region, Masrour Barzani, spoke by phone today with US Special Presidential Coordinator, Amos Hochstein.

A statement by Barzani's office said that the call, "reflected on our visit to Baghdad last week to signal KRG’s readiness to address the 18-year-old disputes between Erbil and Baghdad. I reaffirmed my personal support to the new Iraqi Prime Minister, in particular his efforts to pass a federal hydrocarbons law in line with the Iraqi Constitution. I stressed that until then the KRG welcomes coordination with Baghdad to continue production and development of its energy sector."

It quoted the Prime Minister saying, "In the exchange, Special Presidential Coordinator Hochstein also shared his assessment of his visit to Erbil and Baghdad this week. We both agreed on the need to remove all obstacles to the development of the energy sector."

"We also discussed Kurdistan Region-US relations and emphasized the importance of more American trade and investment in the Kurdistan Region and Iraq", the statement concluded.

[shortsqueezer] 20/1/2023 10:12

Cant see a divi being paid until our payments get back to some normality. Then it will be a biggie

[releasethekraken] 20/1/2023 10:02

an orchestrated rut?called wholesale accumulation by stealth.Pre incoming takeover .HTTPS://twitter.com/111notout1/status/1616357822228320258?s=61&t=WTDTJWgc7E2rFvO7MD3IXA

[releasethekraken] 20/1/2023 10:02

No, it's what they are predicting from last year...

[trikytree] 20/1/2023 09:56

DividendMax has the next dividend declaration date forecast as Monday.
Is that what we’re expecting?

[releasethekraken] 20/1/2023 09:48

an orchestrated rut...called wholesale accumulation by stealth..HTTPS://twitter.com/111notout1/status/1616357822228320258?s=61&t=WTDTJWgc7E2rFvO7MD3IXA

[trikytree] 20/1/2023 09:45

This is stuck in a rut. When the next divi announced to get things moving?

[0ili0] 20/1/2023 09:45

Oscar and Barney threw a few bags of sand at it today. Anything under an Ayrton is a bargain 👍

[johnbuysghost] 20/1/2023 09:42

I'm going to grab a few more myself. Anything under £50 is a bargain. ;D