Gulf Keystone Petroleum Share Discussion Threads

[johnbuysghost] 18/10/2023 11:36

Good post Habshan. They know M&A is coming.

[habshan] 18/10/2023 11:28

Genel directors are certainly confident, two of them have just bought £2.6 million worth:-

18 October 2023

Genel Energy plc

NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES AND A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

On 18 October 2023, Ümit Tolga Bilgin notified the Company that on 17 October 2023, Bilgin Grup Doğalgaz A.Ş. purchased 2,976,747 Ordinary Shares in Genel Energy plc at a price of £0.83 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Doğalgaz A.Ş., and is a Non-Executive Director of Genel Energy plc.

On 18 October 2023, Yetik K. Mert notified the Company that on 17 October 2023, he purchased 107,000 Ordinary Shares in Genel Energy plc at a price of £0.8577 per share. Yetik K. Mert is an Independent Non-Executive Director of Genel Energy plc.

[petebreeze37] 18/10/2023 10:47

Well, there was the expected news, another pow wow next week, meanwhile back at the ranch!.

[petebreeze37] 18/10/2023 10:46

Barzani is an expert in transparency so no problems!
"been instructed by Prime Minister Masrour Barzani to “leave no question unanswered and be transparently cooperative.”

[beernut1] 18/10/2023 10:19

From Lse

The Cabinet decisions during Tuesday session


politics Yesterday, 19:50
+A -A
INA - BAGHDAD

Prime Minister Muhammed S. Al-Sudani chaired Tuesday's 42nd Regular Session of the Cabinet issuing new decisions.

"They discussed the nation's current situation, tracked progress on national issues, reviewed government program priorities, and addressed agenda items, issuing relevant decisions and recommendations," according to a statement by the Prime Minister Media Office, received by the Iraqi News Agency - INA.

In compliance with the government's program on October 27, 2022, the Cabinet approved the following:

The National Communications and Media Commission is responsible for issuing a national license for mobile phones using 5th generation mobile network technology, for an exclusive period of (3) years, to Al-Salam General Company, one of the formations of the Ministry of Communications.

To enhance key strategic projects, drive national development, and secure essential funding within the Iraqi-Chinese framework agreement, an increase in daily oil exports has been approved. The new export volume will be 150,000 barrels per day, a boost from the previous 100,000 barrels per day, calculated monthly.

[nestoframpers] 18/10/2023 10:19

Yes you listen for what they are not saying . If Iran gets bombed it's because the NWO need it to happen .

[petebreeze37] 18/10/2023 09:44

Nesto, I agree. I rarely watch any news on TV, especially UK news, but before the football last night I watched the news and it was sickenly obvious that the media are pushing the Iran agenda, it was laughable because it was so obviously contrived.
It's bombs of mas destruction, pearl harbour and 9/11 rolled into one.

ps I have started to watch England again, after 10 years,for one reason and that is Jude Bellingham, he is a prodigy, far beyond the Beckham's of this world.
Playing for real Madrid at 20 years old is no fluke and I think he is their top scorer or close to.just saying.

[nestoframpers] 18/10/2023 09:19

Yea and while that is starting will USA Be Nuking Iran ? You called it 1st wsy back JBG.Here we have an Ex Lab MP rabble rousing over the hospital bomb which was a jihad car bomb most likely .

[diamondandpearls] 18/10/2023 09:16

Producers in this region successfully tapped into more buyers within the domestic market,
Of course they will at $30 when it's trading at $90.
Expect even more before the gravy train finishes very soon.
Iraq must be loving it knowing their oil is being sold at 66% discount

[johnbuysghost] 18/10/2023 09:03

Oil will flow again before Halloween, in many peoples opinion.

[ozzmosiz] 18/10/2023 09:00

Hurry up GKP, I need to quit my job

[gkp_over_100quid_at_takeover] 18/10/2023 08:42

JakelaMotta

Posts: 58

Price: 122.00

Strong Buy

$450m annual FCF on export resumption

Today 08:41

[petebreeze37] 18/10/2023 08:23

I will be amazed if news isn't released this week about the impasse. No news is good news??!!?!?

[habshan] 18/10/2023 08:03

.

Edit - Old article.

[habshan] 18/10/2023 07:45

Doc - "KURD OILERS INCREASED PRODUCTION"

Further to the above.

From Kheldar on LSE:-

[...]

"One highlight was the performance of KRG-controlled fields, according to the Iraq Oil Report, which collectively saw a boost of approximately 50,000 bpd. Producers in this region successfully tapped into more buyers within the domestic market, bolstering their production figures.

ATB

Hold for gold."

Edit - Morning beernut you beat me to it.

[beernut1] 18/10/2023 07:44

Kurdistan’s oil fields lead Iraq’s production rise

Kurdistan's oil fields outshine federal counterparts as Iraq's production edges up in September, revealing regional variations and production dynamics.

by Staff Writer
October 18, 2023 09:17 AM GST
SHARE
FBTWMAILLN

In September, Iraq’s crude oil production displayed a slight uptick, maintaining its upward momentum, according to data analyzed by Iraq Oil Report. The nation’s daily crude oil production edged up from 4.71 million barrels per day (bpd) in August to 4.73 million bpd in September. This marginal increase can be attributed to a complex interplay of factors affecting both the Kurdistan Regional Government (KRG) and federally controlled oil fields.

OPEC reporting for Iraq, via secondary sources, that Iraq produced 4.307 million bpd in September.


One highlight was the performance of KRG-controlled fields, according to the Iraq Oil Report, which collectively saw a boost of approximately 50,000 bpd. Producers in this region successfully tapped into more buyers within the domestic market, bolstering their production figures.

Iraq, the second-largest oil producer in OPEC, primarily exports approximately 85% of its crude oil through southern ports. Nevertheless, the northern transportation route via Turkey still contributes approximately 0.5% to the global oil supply and it is not operational currently. KRG’s oil exports follow a path through a dedicated KRG pipeline to Fish-Khabur, situated along the northern Iraqi border. From there, the oil is directed into Turkey and subsequently pumped to the port of Ceyhan on Turkey’s Mediterranean coastline.

[beernut1] 18/10/2023 07:42

From Lse

Kheldar
Posts: 634
Price: 122.20
No Opinion
GKP production up?Today 07:17
[...]

One highlight was the performance of KRG-controlled fields, according to the Iraq Oil Report, which collectively saw a boost of approximately 50,000 bpd. Producers in this region successfully tapped into more buyers within the domestic market, bolstering their production figures.

ATB

Hold for gold

[doctortakeover] 18/10/2023 07:26

HTTPS://x.com/111notout1/status/1714528156193792211?s=61&t=EEAJRmerpfLiAmForyb8DwKURD OILERS INCREASED PRODUCTION

[fairenough11] 18/10/2023 06:01

Brent $91.31

[doctortakeover] 17/10/2023 20:44

PUTUP the paid YANKEE sentiment inhibitor/basher putting in a HUGE but incredibly amusing shift on LSE......LOL.

[doctortakeover] 17/10/2023 20:16

So - back to reality....Shaikan is the largest land based fossil fuel discovery for decades.The oil and gas resources are huge , even based on the current ( subset of field ) CPR.CNPC petro-physicists who have had access to both field pressure data and core samples believe the field could have far higher porosity and hence far higher reserves than is currently the case.The notion that the Seven Sisters would have no interest in acquiring GKP is ludicrous.So what valuation would a legitimised GKP have?Several billion dollars ?

[doctortakeover] 17/10/2023 20:15

Special dividend on back payment receiptToday 11:13$ 1bn a month revenue losses, $35mn lost a day.Well the stand off between APIKUR can't last and ICG/KRG will have to "blink" first... and they will have to blink soon as an empty pipeline and $35million daily losses aren't politically or economically sustainable.So $151m payment incoming along with a cash balance pushing $100m currently , quarter of a billion of cash on hand,I would expect a $75/100m special dividend, just 27p - 39p per share :)