Gulf Keystone Petroleum Share Discussion Threads

[hugetakeaway] 01/4/2024 16:46

50 quid plus very likely."Its possible to use a variety of methodologies to value GKP.Net entitlement reserves are huge and have an NPV justifying a sale price well in excess of $ 4bn - around £14 /share+Currently the company is debt free - by now pushing $ 85m at bank and generating annualised FCF/profits of approx $ 50m even on local sales pricing.When Baghdad capitulate as we are seeing is in progress exports resume , we are looking at$ 400-450 EBITDA for 2025On a multiple of 12 - looking at $5bn valuation - $ 17/share.Given the prospectivity remaining in Shaikan and the incredibly low lift costs plus existing infra-stucture , the competition amongst majors to buy this interest in such a prized asset will be extremely high.Hence IMO takeover will be minimum £ 25 /share."

[hugetakeaway] 01/4/2024 16:46

https://twitter.com/GoodnightCharl1/status/1774816576132305196?t=M9Za8VVbErT4_hLFWaGIUA&s=19

[hugetakeaway] 01/4/2024 16:04

HTTPS://x.com/ChicagoJack5/status/1774758577338556665?s=20

[hugetakeaway] 01/4/2024 16:04

50 quid plus very likely."Its possible to use a variety of methodologies to value GKP.Net entitlement reserves are huge and have an NPV justifying a sale price well in excess of $ 4bn - around £14 /share+Currently the company is debt free - by now pushing $ 85m at bank and generating annualised FCF/profits of approx $ 50m even on local sales pricing.When Baghdad capitulate as we are seeing is in progress exports resume , we are looking at$ 400-450 EBITDA for 2025On a multiple of 12 - looking at $5bn valuation - $ 17/share.Given the prospectivity remaining in Shaikan and the incredibly low lift costs plus existing infra-stucture , the competition amongst majors to buy this interest in such a prized asset will be extremely high.Hence IMO takeover will be minimum £ 25 /share."

[bigdog5] 01/4/2024 15:14

£100, why not?

Obviously the poster has ingested far too much amber nectar and iffy baccy.

Companies only buy what's proved up and not what may be, might be, could be but there's no proof. Also, no one buys a company or its assets for the ludicrous multiples being posted up by you desperate morons. Especially when the asset was desperately put up for sale prior to the 2016 wipeout and that a figure of £1ps was rumoured would have sealed the deal. But no one was interested. Then came DNO's two offers, one of cash and paper and then finally one of around 70p cash. Then they walked away.

Has any extra Reserves been discovered since that time, no. Are they being depleted, looks that way. Are the company now having to put a great deal more emphasis on the "Resources" and the use of the word "potential" yes.

I do find it extraordinary that there are still morons amongst you desperate fantasists that believe the company are lying about what they publish in all their CPR's!!! Were they do do that they would likely suffer the same outcome as TK. So look at the Nett 1P number and then compare their sludge to the top quality high API oil as sold by Total awhile back and understand Total only received around $1.70pb!! So sludge will be valued at far less.

Always happy to assist you gullible fantasists and ridicule your expectations:-)

[furenstaurus] 01/4/2024 14:51

HTTPS://x.com/ChicagoJack5/status/1774758577338556665?s=20

[furenstaurus] 01/4/2024 14:51

50 quid plus very likely."Its possible to use a variety of methodologies to value GKP.Net entitlement reserves are huge and have an NPV justifying a sale price well in excess of $ 4bn - around £14 /share+Currently the company is debt free - by now pushing $ 85m at bank and generating annualised FCF/profits of approx $ 50m even on local sales pricing.When Baghdad capitulate as we are seeing is in progress exports resume , we are looking at$ 400-450 EBITDA for 2025On a multiple of 12 - looking at $5bn valuation - $ 17/share.Given the prospectivity remaining in Shaikan and the incredibly low lift costs plus existing infra-stucture , the competition amongst majors to buy this interest in such a prized asset will be extremely high.Hence IMO takeover will be minimum £ 25 /share."

[dudishes] 01/4/2024 13:28

WD johnbuys, gushes to flushes, I reckon £4 for starters, maybe 5.

£100, why not?

The gates await you.

What's the street on the word? Hanami, hot cross, bacon for those that cheat?

I hear that fashion not so good in Chelsea these days?

Enjoy your power lunch.

[highlander7] 01/4/2024 10:58

Which means Erdogan needs USA aid more than ever to get Turkeys 68% inflation down.

[r9505571] 01/4/2024 10:48

President Recep Tayyip Erdo?an's ruling party has suffered a resounding defeat in Turkey's local polls, leaving the strongman facing his most severe electoral setback since his rise to power two decades ago.The opposition scored decisive mayoral victories against Erdo?an's Justice and Development party (AKP) in Istanbul, Ankara, Izmir, Bursa and Antalya - Turkey's five biggest cities - according to initial results from Sunday's vote published by the Anadolu state news agency.Ekrem ?mamo?lu's strong performance for the opposition Republican People's party (CHP) in Istanbul marked a particularly painful blow to Erdo?an, who had campaigned vigorously for the AKP's mayoral candidate in the hopes of vanquishing his most credible rival.

[hugetakeaway] 01/4/2024 09:46

https://twitter.com/GoodnightCharl1/status/1772928419178635344?t=czevL2l1b8as56m7oojUOQ&s=19

[bri15] 01/4/2024 09:26

Tomorrow do yourselves a favour,get out of oil,get into Pharma,Geni going to be massive, guarantee you that.

[fairenough11] 01/4/2024 09:14

Can you imagine what the booked reserves would be if they used a normal/average/correct FP figure and then proved up the other oil bearing zones.
Off the scale.
THE PRIZE!

[beernut1] 01/4/2024 08:53

Oil rises as investors bet on tighter supply, China's economy
Economy
Oil
China
Oil rises as investors bet on tighter supply, China's economy
2024-04-01 07:36


Font
Shafaq News / Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and as upbeat Chinese manufacturing data supported outlooks for improving demand.
Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel by 0331 GMT after rising 2.4% last week. U.S. West Texas Intermediate crude was at $83.48 a barrel, up 31 cents, or 0.4%, following a 3.2% gain last week.
Trade volumes are expected to be thin on Monday as several countries are closed for Easter holidays.
Both benchmarks finished higher for a third consecutive month in March, with Brent holding above $85 a barrel since the middle of last month, as the Organization of the Petroleum Exporting Countries (OPEC) and their allies, a group known as OPEC+, pledged to extend production cuts to the end of June which could tighten crude supply during summer in the Northern Hemisphere.
Russian Deputy Prime Minister Alexander Novak said on Friday that its oil companies will focus on reducing output rather than exports in the second quarter in order to evenly spread production cuts with other OPEC+ member countries.
Drone attacks from Ukraine have knocked out several Russian refineries, which is expected to reduce Russia's fuel exports.
"Geopolitical risks to crude and heavy feedstock supplies add to strong Q2 24 demand fundamentals," Energy Aspects analysts said in a note.
Almost 1 million barrels per day (bpd) of Russian crude processing capacity is offline from the attacks, impacting its high-sulphur fuel oil exports which are processed at Chinese and Indian refineries, the consultancy added.
In Europe, oil demand was firmer than expected, rising 100,000 bpd on year in February, Goldman Sachs analysts said, versus its forecast of a 200,000 bpd contraction in 2024.
Europe's firm demand, softness in U.S. supply growth coupled with a possible extension of OPEC+ cuts through 2024 outweigh downside risk from persistent softness in China's demand, they said in a note.
Crude oil production by the United States, the world's largest producer, dropped 6% in January from December's record high, following freezing weather, data from the Energy Information Administration showed on Friday.
"We see the risks to our forecast that Brent will average $83/bbl in 2024Q4 as skewed moderately to the upside," the analysts said.
Also supportive for prices, China's manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, supporting oil demand at the world's largest crude importer, even as a crisis in the property sector remains a drag on the economy.
Investors are also scouring U.S. economic data for signs of when the Federal Reserve will cut interest rates this year which will support the global economy and oil demand.

[highlander7] 01/4/2024 05:21

Unfortunately common sense has never been a prerequisite state for politicians of any category.

GLA we are all due a break.

[0ili0] 31/3/2024 21:52

... refillable from the Permian 🤔

£110/share. 🛢️
29312;💭

[nestoframpers] 31/3/2024 21:40

And that's just the tested zones .

[nestoframpers] 31/3/2024 21:27

JG 'There's 13 Bn blls of moveable oil in Shaikan'

[luckyclicker] 31/3/2024 21:27

https://www.kurdistan24.net/ar/story/47806-%D9%86%D9%87%D8%B1%D9%88-%D8%B1%D9%88%D8%A7%D9%86%D8%AF%D8%B2%D9%8A:-%D9%88%D9%81%D8%AF-%D9%85%D9%86-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF%D9%8A%D8%A9-%D8%B3%D9%8A%D8%B2%D9%88%D8%B1-%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86

[luckyclicker] 31/3/2024 21:26

 Gas Committee in the Iraqi Parliament, Nehru Rawandzi, confirmed on Sunday that some officials in the government of Muhammad Shia al-Sudani and the Federal Ministry of Oil have a plan to undermine the constitutional entity of the Kurdistan Region.Nehru Rawandzi said in a statement to Kurdistan 24 that a technical and legal delegation from the Federal Ministry of Oil, under the guidance of Federal Prime Minister Muhammad Shia al-Sudani, will visit the Kurdistan Region.According to Rawandzi, the delegation of the Federal Ministry of Oil is scheduled to meet during the visit with the Ministry of Natural Resources of the Kurdistan Regional Government, in addition to oil companies operating in the region.The Deputy Chairman of the Oil and Gas Committee in the Iraqi Parliament explained that the aim of this visit is to resolve the issue of extracting and producing oil from oil wells in the Kurdistan Region, in addition to discussing the resumption of the region's oil exports.Regarding the timing of the visit, Rawandzi stressed that the delegation of the Federal Ministry of Oil should visit the Kurdistan Region, before the scheduled visit of the Federal Prime Minister to the United States.He stressed that "some officials in the government of Muhammad Shia al-Sudani and the Federal Ministry of Oil are seeking to obstruct the resumption of the export of Kurdistan Region's oil, and they have a plan to undermine the constitutional entity of the region."He pointed out that the issue of resuming oil exports is more political than an economic issue, as the federal government is using this issue as a means of putting pressure on the Kurdistan Region, and therefore international pressure should be exerted on the federal government to address this issue.

[luckyclicker] 31/3/2024 21:05

https://twitter.com/EnglishBasNews/status/1774512081959530618?t=SrZHOewrnjJaxNtq6UoSvQ&s=19

[luckyclicker] 31/3/2024 21:05

https://www.basnews.com/en/babat/844227