Gulf Keystone Petroleum Share Discussion Threads

[furenstaurus] 22/3/2024 09:23

https://x.com/111notout1/status/1771099787837776126?s=61&t=EEAJRmerpfLiAmForyb8Dw

[furenstaurus] 22/3/2024 09:23

#gkp #gkptakeoverABSURD notions ?1 Major IOC are NOT interested in largest oil discovery in decades2 They would NOT have long since instructed their investment bankers to build stakes3 Bankers would Ramp GKP mkt UP rather than SUPPRESSFILL YER BOOTS AND YOUR BATH

[milliecusto] 22/3/2024 09:13

Without pipeline opening, the trading pattern will drift, volume is decreasing and will not push it above recent high

[furenstaurus] 22/3/2024 09:04

#gkp #gkptakeoverABSURD notions ?1 Major IOC are NOT interested in largest oil discovery in decades2 They would NOT have long since instructed their investment bankers to build stakes3 Bankers would Ramp GKP mkt UP rather than SUPPRESSFILL YER BOOTS AND YOUR BATH

[furenstaurus] 22/3/2024 09:04

https://x.com/111notout1/status/1771099787837776126?s=61&t=EEAJRmerpfLiAmForyb8Dw

[hangthedj] 22/3/2024 08:58

Al Sudani to Barzani - we'll come to you this month, you're always having to travel to our place. You can come down to us the following month if that's ok?

[milliecusto] 22/3/2024 08:52

https://www.bloomberg.com/news/articles/2024-03-22/iraq-is-yet-to-amend-budget-to-get-kurdish-oil-flowing-againernments

[milliecusto] 22/3/2024 08:52

Don't see a immediate end to this, talk about dragging it out, wouldn't surprise me if it runs another year suspended

[furenstaurus] 22/3/2024 08:27

#gkp #gkptakeoverABSURD notions ?1 Major IOC are NOT interested in largest oil discovery in decades2 They would NOT have long since instructed their investment bankers to build stakes3 Bankers would Ramp GKP mkt UP rather than SUPPRESSFILL YER BOOTS AND YOUR BATH

[punter26] 22/3/2024 08:22

Iraqi PM al-Sudani in Erbil to Tackle Salary Crisis with Kurdistan Officials
(Iraq's PM al-Sudani's visit to Erbil marks a crucial step in resolving the salary crisis with Kurdistan, fostering unity through cultural diplomacy).

(BNN: 21 Mar 2024)

"Iraq's Prime Minister Mohammad Shia al-Sudani's arrival in Erbil, the capital of the Kurdistan region, marks a significant step towards addressing the escalating salary crisis among public servants. In a series of high-profile meetings, including one with Kurdistan Prime Minister Masrour Barzani, al-Sudani aims to resolve the contentious issue of delayed salary payments that has sparked widespread outrage, particularly during the holy month of Ramadan.

Breaking the Ice on Salary Delays
----------------------
The central focus of al-Sudani's visit lies in the discussions with Masrour Barzani regarding the delayed salary payments to the Region's public servants. This move comes in the wake of severe criticism faced by the Kurdistan Regional Government (KRG) for withholding February salaries amidst Ramadan, exacerbating the financial strain on many families. The delay has been attributed to a complex financial standoff between the KRG and the Iraqi federal government, with the Supreme Federal Court's ruling that the KRG must hand over its revenues to Baghdad adding another layer of complexity to the issue.

Strengthening Ties through Cultural Diplomacy
----------------------------
Al-Sudani's schedule includes attending an Iftar on Mount Kurak, where he is expected to deliver a speech concerning Newroz and the Kurdish New Year. This engagement underscores an effort to bolster Iraqi-Kurdish relations through cultural diplomacy, fostering a sense of unity and mutual respect amidst the ongoing financial disputes.

Implications for Iraqi-Kurdish Relations
-------------------------------------
The salary crisis has not only put a strain on the daily lives of thousands of Kurdish public servants but has also cast a shadow over the relationship between Erbil and Baghdad. Al-Sudani's proactive approach in seeking a resolution, coupled with his participation in culturally significant events, may serve as a pivotal moment in Iraqi-Kurdish relations. It highlights the potential for dialogue and cooperation in overcoming longstanding challenges that have hindered progress and stability in the region.

As negotiations progress, the eyes of the nation remain fixed on Erbil. The outcomes of these discussions could signal a new chapter in the relationship between the federal government and the Kurdistan Region, paving the way for a more collaborative and harmonious future."

[punter26] 22/3/2024 08:09

(Bloomberg piece behind a paywall unfortunately - Punter26)

Iraq Is Yet to Amend Budget to Get Kurdish Oil Flowing Again

(Bloomberg: March 22, 2024)


"Iraqs government is still studying a proposed amendment to the federal budget that would enable Baghdad to pay international oil companies working in Kurdistan, according to Oil Minister Hayyan Abdul Ghani.

The change would allow producers in the semi-autonomous region to resume output — and eventually exports via the Turkish port of Ceyhan. Turkey shut the pipeline bringing crude from Kurdistan last March, and that’s resulted in billions of dollars of lost revenue for the goverment."

and companies involved.

[habshan] 22/3/2024 08:07

If it went to arbitration in an international court all sorts of stuff would be dragged up including this which would be a complete and utter nightmare for the Federal Government:-

International Arbitrator Judge Stephen M. Schwebel.

"Schwebel's analysis meticulously dissects the 2005 Iraqi Constitution, affirming that the distribution of power heavily favours regional governments, like the KRG, over the Federal Government in matters of natural resource management. Central to his argument is the interpretation of Articles 110, 114, 115, and 121, which collectively do not grant the Federal Government exclusive authority over oil and gas resources. Instead, these articles empower regions to manage the production of oil and gas within their territories."

If it went to Arbitration the ICG would be stuffed as ALL regions in IRAQ, including Basra, are constitutionally empowered to manage the oil and gas resources within their borders.

[furenstaurus] 22/3/2024 08:02

https://x.com/111notout1/status/1771071873704448114?s=61&t=EEAJRmerpfLiAmForyb8Dw

[furenstaurus] 22/3/2024 08:02

https://x.com/goodnightcharl1/status/1771080760889377269?s=61&t=EEAJRmerpfLiAmForyb8Dw

[mad paul sh1t the bed] 22/3/2024 08:01

Thanks mate, I'll take that in the positive spirit it was intended.

If I may lower the tone for a moment, I don't really get all the hate that's aimed at Bigdog. A wise old uncle told me years back - 'son, if you are going to invest, follow the guys who have lost shedloads on a stock and do the opposite of what they say.'

It has worked a treat for me - a few months back, BD informed us he was in at circa £1.25 and expecting £1.50. I immediately went to cash and waited. Voila - back in at a pound a fortnight or so back! 👏

[furenstaurus] 22/3/2024 08:00

4% spread lol

[furenstaurus] 22/3/2024 07:59

https://x.com/111notout1/status/1771071873704448114?s=61&t=EEAJRmerpfLiAmForyb8Dw

[highlander7] 22/3/2024 07:55

Keep trying Paul even you will grow up one day.

Hopefully...

[mad paul sh1t the bed] 22/3/2024 07:47

Highlander - you make me want to become a better person. ♥️d83;️❤️

[r9505571] 22/3/2024 07:30

Full year 2023 earnings: Revenues miss analyst expectationsFull year 2023 results:Revenue: US$123.5m (down 73% from FY 2022).Net loss: US$11.5m (down 104% from profit in FY 2022).Revenue missed analyst estimates by 4.7%.Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Oil and Gas industry in the United Kingdom.

[beernut1] 22/3/2024 07:30

From yesterday

PM al-Sudani arrives in Erbil
Iraq
Breaking
Al-Sudani
PM al-Sudani arrives in Erbil
2024-03-21 12:59


Font
Shafaq News/ Iraq's Prime Minister Mohammad Shia al-Sudani has arrived in the capital city of the Kurdistan region, Erbil, for meetings with top officials.
Al-Sudani, according to sources, will hold a meeting with Prime Minister Masrour Barzani to discuss the salary issues of the public servants in the Region.
"He will later attend an Iftar in Mount Kurak. He is expected to deliver a speech there on the Newroz and the Kurdish new year," a source said.