Gulf Keystone Petroleum Share Discussion Threads

[worldquant] 19/11/2024 14:30

SOLD BEFORE CHRISTMASYou can take that to the bank

[worldquant] 19/11/2024 14:30

CORRECTThe most obvious incoming takeover in stock market history.#gkp #gkptakeoverSo we are very,very close to@Gulf_Keystone announcing the sale.Been lots of clues - here are the 2 that confirmed it.

[tri harder] 19/11/2024 14:28

Sold before Xmas, As I've said inform GKP, they would be very interested in your foresight.
To spend so many years ramping this, you must be underwater so far it's addled your brain!

[theythinkitsallover] 19/11/2024 14:16

Kurdistan Watch

@KurdistanWatch

Follow

Kamal Mohammed, Acting KRG Minister of Natural Resources:

• KRG oil exports are expected to resume by early 2025, with initial operational costs set at $16 per barrel, increasing to $20.6 in subsequent phases.

• Following amendments to the federal budget law, Baghdad has agreed to engage an independent international consulting firm to audit and verify oil production and export costs. The firm will have a 60-day period to determine the definitive cost structure.

• Minimal resistance is anticipated in the Iraqi Parliament regarding the oil production and export cost amendments for Kurdistan Region's oil fields, as cross-party consensus has been achieved.

• The legislative amendment is expected to pass by year-end, allowing for completion of technical preparations and resumption of exports by early 2025.

• Exports will be conducted through the Ceyhan pipeline via Turkey, the only viable export route currently available. While Iraq has pipeline infrastructure to Jordan and Syria, these alternatives are non-operational, necessitating the Turkish export route.

[worldquant] 19/11/2024 13:59

SOLD BEFORE CHRISTMAS

[worldquant] 19/11/2024 13:59

CORRECTThe most obvious incoming takeover in stock market history.#gkp #gkptakeoverSo we are very,very close to@Gulf_Keystone announcing the sale.Been lots of clues - here are the 2 that confirmed it.

[petebreeze37] 19/11/2024 13:54

It's a waiting game again until the new year and plenty of time for the price to be messed with. More chances to buy in ahead.

[confused _gerbill] 19/11/2024 13:19

'Light at the end of the tunnel' I've got it on repeat 🤓

[worldquant] 19/11/2024 13:14

Considering they get only 9.5 bucks currently it's nice......Not that it actually matters as the company has clearly agreed a sale TBA

[scrwal] 19/11/2024 13:12

Kurdistan24

Nov. 19, 2024

"ERBIL (Kurdistan 24) – Acting Minister of Natural Resources in the Kurdistan Regional Government (KRG), Dr. Kamal Mohammad Salih, revealed on Tuesday that Kurdistan's oil exports will resume at the beginning of next year, with barrel extraction costs set at $16.

In an interview with Kurdistan24, Dr. Salih disclosed that the suspension of Kurdistan's oil exports through Turkey's Ceyhan port has resulted in a significant $20 billion loss to the Iraqi state treasury.

"Previously, the KRG signed several agreements with the federal government regarding oil exports. However, the Iraqi budget law set oil extraction and transportation costs at $6 per barrel, which became a major obstacle to oil exports," Dr. Salih explained.

According to the Acting Minister, Erbil and Baghdad have now reached an agreement to amend the budget law, increasing oil extraction and transportation costs to approximately $20.6 per barrel. "In the initial phase, companies will receive around $16 per barrel," he stated.

The agreement includes provisions for an independent international consulting firm to audit oil extraction and export costs. "The firm will be given 60 days to determine the actual costs following the budget law amendment," Dr. Salih added.

He expressed confidence that the Iraqi Parliament would not obstruct the approval of the amended oil production and export costs for the Kurdistan Region, citing a political consensus reached between various parties. The Acting Minister anticipates the amendment's approval by the end of this year, with preparations to be completed and oil exports from the Kurdistan Region to resume in early 2025.

Dr. Salih confirmed that exports will continue through the Ceyhan pipeline, noting, "While Iraq has pipeline routes through Jordan and Syria, these are currently non-operational. Therefore, we have agreed to export through Turkey."

This development marks a significant breakthrough in the ongoing negotiations between Erbil and Baghdad over oil export arrangements and revenue sharing."

Looks like the $16 is being uplifted to $20.60 at some point, although if this is the case why is there a need for an external expert to determine actual costs as surely the IOCs would be happy with $20.60?

[milliecusto] 19/11/2024 13:11

For the final time, $16 is for transport and lift costs with profit costs still be determined, are you really that thick

[fardels bear] 19/11/2024 13:02

Nope. I just can't be bothered. Why not tell the world you have invented a glass so transparent it needs never to be cleaned?You can't spell, you've not been on this board at all in your six year history on ADVFN, until your appearance in a blaze of caca last week. Do one, but do wipe it up afterwards.

[hsflegal] 19/11/2024 13:00

CORRECT
The most obvious incoming takeover in stock market history.
#gkp #gkptakeover
So we are very,very close to
@Gulf_Keystone announcing the sale.
Been lots of clues - here are the 2 that confirmed it.

[highlander7] 19/11/2024 12:59

I have never watched a persons mental health degrade as fast as it can on here. Quite remarkable

Welcome to the "doghouse" .

LOL

[fardels bear] 19/11/2024 12:58

Here he is again. Trying harder but nothing more than a stool pigeon doing his master's bidding.

[fardels bear] 19/11/2024 12:56

The Englishman: nine posts in three years. Another banked avatar courtesy of the people who think you are stupid. Hint: we are not.

[steephill cove] 19/11/2024 12:52

Bigdog5 biting like a “good un” ✅

Hook 🪝
Line & Sinker 🎣

She’s seriously rattled because GKPs IOC contract is about to be legitimised by the ICG & Risk Off 😭

[hsflegal] 19/11/2024 12:48

CORRECT
The most obvious incoming takeover in stock market history.
#gkp #gkptakeover
So we are very,very close to
@Gulf_Keystone announcing the sale.
Been lots of clues - here are the 2 that confirmed it.

[the englishman] 19/11/2024 12:36

I have never watched a persons mental health degrade as fast as it can on here. Quite remarkable tbh.

[bigdog5] 19/11/2024 12:33

Rather odd that Mr C dodges reasonable questions innit.

Epicur don't appear to have achieved anything in all the time the pipe has been closed. To keep saying the same things suggests that they're not in the loop innit!!!

[bigdog5] 19/11/2024 12:26

Day 606 of no pipe.

I wonder how the "experts" will view the sludge versus quality oil:-)

Btw, who is going to pay the back costs because Baghdad have no need to as they haven't received any benefit for the produced oil. Aren't Erbil already massively in debt so how would they be able to?

Is anyone sure The Last Great Frontier is a safe and worthwhile place for inward investment based on all the problems "out there"?

Local oil sales $28pb and now being offered $16pb and you're all excited, lol.

[pittcock] 19/11/2024 12:18

Don't type with your mouth full.

[bigdog5] 19/11/2024 12:13

Hey steephill, I note you still haven't predicted anything correct since you rocked up here. The Express you've been banging on about for years is still in the sidings rusting away.

You're just another clueless tart in the Carroll gang that got wiped out in July 2016 that's desperate to claw back a fraction of your huge losses like so many of the clueless rampers here. Keep making up the BS, fantasy and lies as that's going to provide the opportunity for so much ridicule in the coming weeks and months:-)

Hey Carroll, there is no takeaway, no one is interested but there could be consolidations which will have all you morons very angered just like you all were in 2016:-)