Gulf Keystone Petroleum Share Discussion Threads

[barbariansatthegate] 11/6/2024 13:19

#gkp #gkptakeoverUpdated this am - zilch bought yesterday.Not a great surprise.But this isn't a real 'buyback' of course - its a stabilisation program to stop bad actors being naughty?Pre Takeover announcement.Less than 1 % of issue bought in 4 weeksSP up 22%

[barbariansatthegate] 11/6/2024 13:18

Its wakey wakey on the East Coast across the pond , and for the 30,300th ++ time Yankee Doodle 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.

[bigdog5] 11/6/2024 13:05

Pipe open is it, lol. Sludge sliding through is it, lol.

That's a no but I note that sarah is desperately making up stuff while she waits for her $156 pb to arrive!!!

Debts to be paid over 10 years, is that going to provide all the divis that you morons conned yourselves about:-)

All else to be aligned with the TSC's down South as just a few of us said ages ago!!! PSC's not being rolled out everywhere as sarah stated. Strange that its only BB and myself that sarah spends her time trying to dispute innit:-)
Obviously because we've been getting our views and predictions correct whereas she and you morons get nothing correct. But that's what desperate fantasists are forced to do innit, lol.

[ozzmosiz] 11/6/2024 12:49

GENL seems to be holding up well today

[barbariansatthegate] 11/6/2024 12:28

25,000 at 1.4378Think that is peel

[herbertsmithfreehills] 11/6/2024 11:55

#gkp #gkptakeover
Updated this am - zilch bought yesterday.
Not a great surprise.
But this isn't a real 'buyback' of course - its a stabilisation program to stop bad actors being naughty😉
Pre Takeover announcement.
Less than 1 % of issue bought in 4 weeks
SP up 22%
😇

[herbertsmithfreehills] 11/6/2024 11:40

I suspect Cannacord have been buying today hence the pull back - to agglomerate small sells and pass lump to Peel Hunt later today.

[redbed] 11/6/2024 10:50

Paid fraudstet

[adamrugen1066] 11/6/2024 10:38

Broadford, are you a masochist? Because that can be the only explanation for turning up here to get destroyed time and time again :-)

[beernut1] 11/6/2024 10:37

Sludge on the move

Basrah crudes rise following global oil surge
Economy
Breaking
Oil
Basrah Crude
Basrah crudes rise following global oil surge
2024-06-11 08:20


Font
Shafaq News / Prices for Basrahs Heavy and Basrah Medium crude oils climbed on Tuesday, driven by an uptick in global oil markets.
Basrah Heavy crude increased by 15 cents to $78.03 per barrel. Meanwhile, Basrah Medium crude saw a rise of five cents to $80.88 per barrel.
Oil prices extended their gains for the second consecutive day, buoyed by expectations of increased seasonal fuel demand and potential purchases by the US to replenish its Strategic Petroleum Reserve.
This surge occurred despite a stronger dollar, which tempered the overall gains.
Brent crude futures fell 11 cents, or 0.13%, to $81.52 per barrel and US West Texas Intermediate crude futures slipped three cents, or 0.04%, to $77.71.

[beernut1] 11/6/2024 10:35

Iraq Expects Deal for Restart of Oil Exports via Turkey in Few Days
by Bloomberg|Khalid Al-Ansary
Monday, June 10, 2024 2:30 AM EST
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.

[beernut1] 11/6/2024 10:29

From Lse

Positive NewsToday 09:44
In that IRAQ is now negotiating with the IOC,s and recognizing they are owed Millions of Dollars, for the oil from oil exported to Turkey, they are willing to pay this debt!!! , but over a period of time!!!,

That in itself is a "HUGE POSITIVE" only a year ago they didn't even recognize the IOC,s PSC Contracts???

they now do!!!!, and are willing to negotiate, this has to be huge relief for all the IOC,s in the area, the last thing we wanted was to take on a long and expensive legal battle through the high courts,

im happy they are negotiating and im sure the IOC,s will take this into account when responding, imo this will happen very soon!!! my £1.50 target has moved up to £1.75

[redbed] 11/6/2024 09:29

The intention of the buyback is to stop bad actors from crashing the share price to gain stock / close shirts cheaply pre the good news , then the black swan news.It?s a MAR good governance, in order to protect all shareholders inside and out.The company is in the final weeks of sale process.That is extremely clear now.

[habshan] 11/6/2024 09:12

"Additionally, oil companies have estimated the suspension has caused losses of over $17 billion."

The pipeline has been closed for 14 months which works out at $1.214 billion a month.

The ICG have also been told to pay $693 million a month for Kurdish salaries and they aren't seeing a penny in return.

So the Iraqi treasury is taking a hit of $1.91 billion a month or $23 billion a year which is 14% of the $161 billion national budget.

Coincidentally that is the same as the Kurds share of the budget.

And last night al-Ghani was telling us that they want the pipeline reopened as a quick fix for the extra shipping costs for going round Africa.

You couldn't make it up.

By September next year that loss will have escalated to $52 billion, meanwhile the IOCs can afford to bide their time.

And then there's the water.

The ICG are desperate, APIKUR need to dig their heals in.

[gazebo79] 11/6/2024 08:47

Slipped another 106 in on the bell.last of the big spenders.saved someone else getting them

[beernut1] 11/6/2024 08:41

Within a decade bet it means within the last decade.

[mirabeau] 11/6/2024 08:36

Iraq has put forward a new proposal to oil companies to resolve the ongoing issue of oil exports from the Kurdistan Region, a source familiar with the negotiations told Channel8.

According to the source within the Ministry of Natural Resources, Baghdad is serious about aligning the price of oil extraction and the nature of contracts with those in the rest of Iraq. The proposal includes an offer to settle all debts owed by the Kurdistan Region to the companies within a decade.

The Kurdistan Regional Government (KRG) and APIKUR have been engaged in discussions with the Iraqi Oil Ministry for two days, aiming to resume oil exports from the Kurdistan Region. Iraqi Oil Minister Hayyan Abdul-Ghani informed the official Iraqi news agency that there has been progress in the negotiations and that talks with Turkey are underway to restart exports to the port of Ceyhan.

“The oil companies have received Iraq’s proposal and indicated that they will discuss it further before responding,” the source added.

The Kurdistan Regional Government reported that the suspension of oil exports has resulted in a loss exceeding $1 billion per month. Additionally, oil companies have estimated the suspension has caused losses of over $17 billion.

The halt in exports followed a ruling by the Paris Arbitration Court on March 25, 2023, which not only suspended oil exports from the Kurdistan Region but also imposed a $1.5 billion fine on Turkey.