Gulf Keystone Petroleum Share Discussion Threads

[luckyclicker] 13/5/2024 07:23

"Given GKP's weak share price, which the Board believes trades at a significant discount to the intrinsic value of the Shaikan Field and does not adequately reflect the near-term cash flow"

[steephill cove] 13/5/2024 07:23

Worldquant will be scrambling around like headless 🐓🐓to close their short pronto.

GKP board revenge best served cold 🥶

Worldquant caught with their 👖 down 😆

[che7win] 13/5/2024 07:23

Double bottom on the chart

[shareho1der] 13/5/2024 07:21

I wonder what the SmalldogSarah made of the RNS.

[kenjen1] 13/5/2024 07:17

48k bopd, money making machine….unbelievable oil field 👍

[luckyclicker] 13/5/2024 07:17

#GKP Very encouraging to see that cash balances at holding Gulf Keystone have increased to $98m. In addition the company is launching a $10m buyback. "At current realised prices and 36% net entitlement, the Company's free cash flow breakeven is at gross sales of c.20,500 bopd""Sales in May to date averaging c.48,300 bopd"https://twitter.com/baroninvestment/status/1789902461831880932?t=SvwrWBEviUletDpxyMBLdA&s=19

[hydrocarbon1] 13/5/2024 07:12

That must be a typo, can't have buyback, sale to be announced this month.

[steephill cove] 13/5/2024 07:12

Shorters will have to close very quickly ✅📈014;️🆙;

[shortsqueezer] 13/5/2024 07:10

Excellent news. Although I favour divis. Probably better for the shorter term share price though.

[stockport loser] 13/5/2024 07:07

That post didn't age well did it. Share buy back means no sale.

[highlander7] 13/5/2024 04:59

john@john78846295: 14h

Joint Committees were meant to meet within two weeks. As we enter the second week, we know that discussions are ongoing between #KRG and Ministry of #Oil.

[worldquant] 12/5/2024 22:00

Sale RNS this week or next.You can take that to the bank.

[worldquant] 12/5/2024 22:00

#gkp #gkptakeover @Gulf_Keystone huge con OUT of PI as they will discover T/O RNS lands shortly.$2.9bn to now produce 55k bopd mcap $350m ?FDP 55-85 (+30k) costs $1bn +Why do that when current 55k bopd only worth $350m??Investment banks have flattened this pre T/Ohttps://x.com/111notout1/status/1789621224806482395?s=61&t=EEAJRmerpfLiAmForyb8Dw

[bobgray51] 12/5/2024 21:52

I have muted you as you have nothing intelligent to say. Imagine it was massive takeover, or something equally profound

[worldquant] 12/5/2024 21:29

Sale RNS this week or next.You can take that to the bank.

[worldquant] 12/5/2024 21:28

#gkp #gkptakeover @Gulf_Keystone huge con OUT of PI as they will discover T/O RNS lands shortly.$2.9bn to now produce 55k bopd mcap $350m ?FDP 55-85 (+30k) costs $1bn +Why do that when current 55k bopd only worth $350m??Investment banks have flattened this pre T/Ohttps://x.com/111notout1/status/1789621224806482395?s=61&t=EEAJRmerpfLiAmForyb8Dw

[bobgray51] 12/5/2024 21:22

I agree. Except that the Supreme Court ruling would disagree - in that they have ruled that the contracts were illegal/unconstitutional to begin with. Whether anyone agrees with this or not is up to them, but the fact that the KRG are now formally using the same court and thereby recognising it is one argument to say that their decisions are potentially valid. Obviously they haven't gone down any legal route yet, as that's likely to be very messy, but I imagine it's always an option for them if they were that way inclined. Further, re the constitutional argument, my understanding of the budget agreement from last year was that 400,000 barrels of oil produced in Kurdistan would be sold and processed by SOMO - ie not sold independently by the KRG - in return for the IGC giving Kurdistan their share of the budget. This is most, if not all of what is produced. Either way, my point is not that it won't get sorted out, but rather that it won't get sorted out rapidly. Clearly there are many more pieces that need to be manoeuvred into place before exports will get the green light. Not least speaking to the IOCs about what they are prepared to accept going forward. In the mean time I imagine many of the decision makers are making good money with the current situation. It's a political and legal mess. That's the truth. Hopefully it does get sorted, but as I've said, it could take a long while longer than we are hoping.

[worldquant] 12/5/2024 21:14

Sale RNS this week or next.You can take that to the bank.

[worldquant] 12/5/2024 21:13

#gkp #gkptakeover @Gulf_Keystone huge con OUT of PI as they will discover T/O RNS lands shortly.$2.9bn to now produce 55k bopd mcap $350m ?FDP 55-85 (+30k) costs $1bn +Why do that when current 55k bopd only worth $350m??Investment banks have flattened this pre T/Ohttps://x.com/111notout1/status/1789621224806482395?s=61&t=EEAJRmerpfLiAmForyb8Dw

[worldquant] 12/5/2024 21:13

Its wakey wakey on the East Coast across the pond , and for the 30,300th time BIG CONDOG posts AND ONLY EVER ON THIS STOCK ( barely credible - LOL ) the paid American sentiment basher clocks in for work.If CARLSBERG did BUY signals.FILL YER BOOTSTAKEOVER RNS INCOMINGTHIS MONTH.HTTPS://x.com/ChicagoJack5/status/1787790142574325840

[bigdog5] 12/5/2024 21:04

But "we must first adhere to the constitution and government instructions," Asim Jihad added, reminding that the contracts of companies operating in the Kurdistan Region are "partnership contracts that differ from the contracts concluded by the Ministry of Oil, which are service contracts, and this is a dilemma."

He continued, "The search for solutions that do not violate laws and instructions is ongoing with the Kurdistan Region and with companies," but "the issue has not been resolved yet and requires further research."


As I said recently, they are no closer to solving the problem than they were over 12 months ago.

Always good to have my views proved correct yet again:-)

[worldquant] 12/5/2024 21:00

#gkp #gkptakeover @Gulf_Keystone huge con OUT of PI as they will discover T/O RNS lands shortly.$2.9bn to now produce 55k bopd mcap $350m ?FDP 55-85 (+30k) costs $1bn +Why do that when current 55k bopd only worth $350m??Investment banks have flattened this pre T/Ohttps://x.com/111notout1/status/1789621224806482395?s=61&t=EEAJRmerpfLiAmForyb8Dw