Gulf Keystone Petroleum Share Discussion Threads

[habshan] 10/6/2024 06:53

20 mins ago - Oil negotiation meeting in Bagdad is progressing well.

Iraqi Minister of Oil revealed restarting the talk sessions about reopening the oil export from the Kurdistan Region is improving.

ERBIL (Kurdistan 24) Iraqi Minister of Oil Hayyan Abdul Ghani stated “there is a good progress regarding oil export in Kurdistan Region. It is getting closer to an agreement on Kurdistan Region oil export-reopen”

According to the statement by Abdul Ghani on Sunday, there is a contact and discussion with Turkey, the talk with the Kurdistan Region Government and oil and gas companies in the region is progressing well, to make an agreement.

[luckyclicker] 10/6/2024 06:48

https://x.com/john78846295/status/1800052536986255705?t=zuyycToGHv2BBwHWhn3Sdw&s=19#Iraqi Oil Minister says he is in talks with #Turkey to resume oil exports through the port of Ceyhan

[redbed] 10/6/2024 06:43

Pre sale stabilisation program updated.https://x.com/111notout1/status/1800046445984461013?s=61&t=EEAJRmerpfLiAmForyb8Dw

[redbed] 10/6/2024 06:41

I suspect they have agreed a forward deal , subject to IOC receiving a substantial or total payment of o/s receivables before they sign and commit.Hence a few days to get the cash first.

[redbed] 10/6/2024 06:41

You won?t have to wait long after the AGM June 21The company is obviously sold tba anyway?This is a side show

[hydrocarbon1] 10/6/2024 06:36

Red So you keep saying, constant repetition then reinventing handle when negative result does not have great success here!
How long have you been here 😊

[kenjen1] 10/6/2024 06:31

Let’s see what APIKUR say today, or more tellingly if they say nothing. We have a clear global statement from the MOI saying pipeline hopefully open in a few days. Apikur will either support, say nothing or deny.

[redbed] 10/6/2024 06:29

You won't have to wait long after the AGM June 21The company is obviously sold tba anyway...This is a side show

[hydrocarbon1] 10/6/2024 06:28

If they were offered $18 and accepted with overdue monies paid I would be happy.
I realize many bang on about International law but personally I am not interested in waiting 10 years and fat cat lawyers creaming it
hydrocarbon1 = realist100%

[redbed] 10/6/2024 06:26

I suspect they have agreed a forward deal , subject to IOC receiving a substantial or total payment of o/s receivables before they sign and commit.Hence a few days to get the cash first.

[beernut1] 10/6/2024 06:20

I’m betting on discussions going something like apicur want $21 a barrel they said they won’t accept our offered $14 offer them $ 18 see where we go from there.
And only put rich tea biscuits out at next meeting.
Gla

[hydrocarbon1] 10/6/2024 06:03

hydrocarbon19 Jun '24 - 09:19 - 705881 of 705943 Edit
0 6 0
"God willing, after the agreement, oil exports will resume. It is not a radical and complicated knot, both sides must show softness, especially the Kurdistan Region to resume exports," Khazraj said.
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Already setting the stage for "Well we tried in all earnestness but KRG and Oil Companies not willing to be reasonable" = Did not show softness.
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From lucky above.
Iraq had blamed foreign companies, alongside the Iraqi Kurdish authorities, for the delay in restarting crude exports because they had so far not submitted their contracts to the federal oil ministry for revisions.
It was not clear if the Kurdish delegates and the foreign firms have accepted the provision to the oil ministry of their contracts during Sunday's meeting.

[habshan] 10/6/2024 06:03

Another 125,000.

RNS.

Transaction in Own Shares.

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq announces that on 07 June 2024, it purchased 125,000 common shares of US$1.00 each in the Company ("Shares") on the London Stock Exchange through Peel Hunt LLP in accordance with the terms of its share buyback programme announced on 13 May 2024 (the "Buyback Programme").

[mirabeau] 10/6/2024 05:45

Whose bank account does the income from GKP oil sales go into? KRG, GKP or ICG? If it's the ICG then how will GKP be reimbursed? The other issue is clearing balance sheet receivables

[beernut1] 10/6/2024 05:37

Wire
4h ago
Iraq Says Deal to Restart Oil Exports via Turkey Coming in Days
Khalid Al-Ansary, Bloomberg News
Flare stacks burn in the Nahr Bin Omar oil field and facility near Iraq's southern port city of Basra. Photographer: HUSSEIN FALEH/AFP
Flare stacks burn in the Nahr Bin Omar oil field and facility near Iraq's southern port city of Basra. Photographer: HUSSEIN FALEH/AFP , Photographer: HUSSEIN FALEH/AFP
(Bloomberg) -- Iraq, OPEC’s second-largest oil producer, said it expects to soon reach a final agreement with the semi-autonomous region of Kurdistan and international oil companies there to restart oil exports.
“There is a progress in these negotiations, and we hope that in the coming few days we will reach a final understanding in this regard,” Iraq’s oil minister, Hayyan Abdul Ghani, said Sunday in a televised interview on the state-run Iraqiya channel.

The Iraqi oil ministry, Kurdistan’s Ministry of Natural Resources and international oil companies met on Sunday in Baghdad to discuss resuming production and exports, Abdul Ghani said, adding that revenue will be deposited in an account at the Iraqi central bank.
©2024 Bloomberg L.P.

[beernut1] 10/6/2024 05:37

Thanks luckyclicker
Full article below
Last paragraph says all deposits to Iraq central bank.
So guessing even above the 40,000 barrels goes to them.

[luckyclicker] 10/6/2024 03:55

https://www.bloomberg.com/news/articles/2024-06-10/iraq-says-deal-to-restart-oil-exports-via-turkey-coming-in-days?embedded-checkout=true

[luckyclicker] 10/6/2024 03:54

Iraq, OPEC's second-largest oil producer, said it expects to soon reach a final agreement with the semi-autonomous region of Kurdistan and international oil companies there to restart oil exports."There is a progress in these negotiations, and we hope that in the coming few days we will reach a final understanding in this regard," Iraq's oil minister, Hayyan Abdul Ghani, said Sunday in a televised interview on the state-run Iraqiya channelBefore it's here, it's on the Bloomberg TerminalHelp©2024 Bloomberg L.P. All Rights Reserved.

[hiddendepths] 09/6/2024 22:44

Time will tell, but before anyone gets too excited...

"Iraq expects to reach an agreement with the Iraqi Kurdistan Regional Government and foreign oil companies to resume crude production from the northern oilfields within three days, Oil Minister Hayan Abdel Ghani said on Sunday."

That was from November. It's possible he's learned what 'a few days' actually means since then, but I'm not holding my breath, and I think at this point the market will believe it when it actually happens.

I'm expecting no movement yet, and I'll either have the satisfaction of being correct in my skepticism, or I'll be very, very pleasantly surprised.

[nigelpm] 09/6/2024 22:36

Very nice! Should be a good say tomorrow.

[redbed] 09/6/2024 20:59

e expect to reach an understanding in a few days," #Iraq's Oil Minister told state media regarding the resumption of #oil export from the #Kurdistan Region after today's meeting with #KRG officials and international oil companies' representatives in #Baghdad #TheNewRegion

[arcadian] 09/6/2024 20:27

The share price won`t know how to react as this meeting follows the pattern of previous meetings with each party stating its position expecting the others to accept its offer.

They all want the oil to flow through the pipeline but on their terms.

We await tomorrow in this leopard and spots game but tomorrow may surprise us.

[milliecusto] 09/6/2024 19:54

The points is we are very close to getting this over the line, share price should react positively tomorrow, no bad new and all parties still in play