Gulf Keystone Petroleum Share Discussion Threads

[shortsqueezer] 23/6/2024 14:06

I shall take the lump sum and draw down on it to supplement my pension. I've already got plans to start doing that anyway. Sold or not.

[shortsqueezer] 23/6/2024 14:04

Same. I can receive them but apparently can't reply.

[arcadian] 23/6/2024 14:03

Don`t waste too much time thinking about that.

[beernut1] 23/6/2024 13:39

What are we all going to do with our time if we do get sold in the next few weeks as HSF says. Lol 😂

[beernut1] 23/6/2024 13:23

Hi mmt1.
I’m not registered for private messages.
Cheers

[herbertsmithfreehills] 23/6/2024 12:51

I really dont understand why the export line is important to GKP shareholders , as they are very obviously sold TBA.
Stay bonus, time vested workforce awards , keeps the boss and the indians onboard post sale .

[confused _gerbill] 23/6/2024 12:44

Urgh, another dingbat for the filter.

[officerdigby] 23/6/2024 12:29

Have, one way to look at.it is GKP etc.al..are essentially enabling piracy... Not a good look that!

[mmt1] 23/6/2024 11:19

beernut: check messages...

[beernut1] 23/6/2024 11:03

From Lse
Mentions a full scale export operation in progress ( is that correct or does he mean to Kurdistan refineries)? Anyone


After listening to our company presentation carefully it does appear to me that the stance has noticeably changed regarding opening of the export pipeline.

Its not just who controls the crude purse strings anymore its grown into a full rats nest of lies and deceit with many parties with hidden agendas. Majority of which has been orchestrated by the lying Iraqi oil ministers. He even praised the recent meeting as "good progress". What planet is he on.?

Clearly we now have a full scale export trucking operation in full swing. Baghdad knows this and probably why they are more than hesitant on the purse strings when giving the KRG their share of the budget.

Clearly eye watering profits are being paid, and I dont believe that the IOC's are being given fair compensation for the crude produced. However they are getting paid quickly and its starting to increase ....I expect this is due to the fact that those making literally Billions from all the IOC's combined have realised that they must give the IOC's more of the "cake" , in order in some cases to service debts and provide enough income to get things back to a semblance of normal.

Now the realisation is kicking in that we are in for the long haul I'd expect crude prices paid to keep ticking up with the permission of the controlling paymasters of the trucking operations.

Make no mistake this is operations on a huge scale employing hundreds of staff. Clearly this exports are under the radar, which is why OPEC wants to see it with SOMO control and accountability.

However it seems to be growing in scale and profitability so unlikely the KRG will actually show Baghdad our IOC contracts and its going very well indeed for them right now, so why change things as they know Baghdad will then exercise its new monetary muscle to subjugate Kurdistan. They just don't trust them and going by what we've seen I'd tend to agree.

So I look forward to slowly increasing "local sales", and probably increasing rate of pay for the crude. I actually believe we are better off allied with Kurdistan than Iraq, although as we all know it is a bit like the wild west.

[mmt1] 23/6/2024 05:20

The newshound:






You will want to see this....

[highlander7] 23/6/2024 04:31

john@john78846295: 22h

@apikur_oil has made 3 proposals for IOCs entitlements: 1) upfront payments; 2) depositing money in an independent bank account as a guarantee; 3) government can give the IOCs their share in the form of barrels of oil at Ceyhan to sell.

[habshan] 22/6/2024 19:38

What used to be the Fertile Crescent and now no water to irrigate the crops.

11 Iraqi cities record highest temperatures globally in past 24 hours.

According to the data, the four cities with the highest temperatures recorded in the world in the past 24 hours are all in Iraq.

ERBIL (Kurdistan 24) – In the past 24 hours, 11 Iraqi cities have been listed among the 15 places with the highest recorded temperatures in the world according to the National Oceanic and Atmospheric Administration (NOAA).

According to the data, the four cities with the highest temperatures recorded in the past 24 hours are all in Iraq, with Amarah topping the list at 50.8 degrees Celsius. Nasiriyah, Basra, and Kut followed in second, third, and fourth places, respectively.

A Kuwaiti city and an Iranian city ranked fifth and sixth, followed by Karbala in seventh and Samawa in ninth.

Basra Airport recorded the 11th highest temperature, Najaf the 12th, Ali al-Gharbi the 13th, Badrah in Wasit the 14th, and al-Rafaei of Nasiriyah the 15th.

These extreme temperatures highlight the ongoing heatwave affecting the region, posing significant challenges for residents and infrastructure.

[furenstaurus] 22/6/2024 19:21

#gkp #gkptakeover







@Gulf_Keystone @HSFlegal



Takeover announcement date?

[herbertsmithfreehills] 22/6/2024 19:21

ERBIL (Kurdistan 24) â€" The Association of the Petroleum Industry of Kurdistan (APIKUR) has expressed its satisfaction with the agreement reached between the Kurdistan Regional Government (KRG) and the State Organization for Marketing of Oil (SOMO).In a post on social media platform X (formerly known as Twitter), APIKUR announced, “APIKUR member companies agree with the statement made by KRG in their recent Council of Ministers meeting that direct sales agreements between international oil companies (IOCs) and SOMO offer the best option for resolving the current situation.â€?The statement further emphasized the importance of these agreements providing IOCs with surety for payment through mechanisms such as upfront payment, escrow arrangements, or payments in-kind at Ceyhan.

[klassic] 22/6/2024 17:54

Aw BDog you must stop teasing them. They will never see the value of having opposing views expressed, albeit so starkly.
The £1.50 short term target you forecasted has been reached. You shameless ramper.
The next great catalyst for momentum is of course the reopening of ITP. The IRG has no great visible incentive when the 4m bopd OPEC quota is being met by exports from Basra. However at its latest meeting OPEC+ signalled an easing of the quota cap from October. Whilst that could lead to lower oil prices it would give Baghdad the opportunity to export more oil. The value to SOMO and Baghdad of ITP shipments from Kurdistan then becomes obvious.
That perhaps is the key to breaking the deadlock.

[mmt1] 22/6/2024 16:32

hxxps://drawmedia.net/en/page_detail?smart-id=15272

is that right?

I cant even find a glass my flat is in such a mess!

[furenstaurus] 22/6/2024 16:24

#gkp #gkptakeover



@Gulf_Keystone @HSFlegal

Takeover announcement date?

[herbertsmithfreehills] 22/6/2024 16:24

ERBIL (Kurdistan 24) â€" The Association of the Petroleum Industry of Kurdistan (APIKUR) has expressed its satisfaction with the agreement reached between the Kurdistan Regional Government (KRG) and the State Organization for Marketing of Oil (SOMO).In a post on social media platform X (formerly known as Twitter), APIKUR announced, “APIKUR member companies agree with the statement made by KRG in their recent Council of Ministers meeting that direct sales agreements between international oil companies (IOCs) and SOMO offer the best option for resolving the current situation.â€?The statement further emphasized the importance of these agreements providing IOCs with surety for payment through mechanisms such as upfront payment, escrow arrangements, or payments in-kind at Ceyhan.

[adamrugen1066] 22/6/2024 16:19

Bigdump, remind us all again who called an emergency meeting to advance talks?You really don't know how this works, do you?