Gulf Keystone Petroleum Share Discussion Threads

[worldquant] 25/11/2024 10:05

#GKP #gkptakeoverPast 7 days been held in range Little nudge out , if @PeelHunt and Cannacord putting floor under it pre Takeover RNS , then must it be bid up instead?https://x.com/ChicagoJack5/status/1860975184045347256?t=AZIzbXfHIlt-ZixI9UqskA&s=19

[worldquant] 25/11/2024 10:05

Because they receive 36% of 27 bucks about 9.5 currently.That's an extra 100 m FCF a year......

[highly geared] 25/11/2024 09:58

If the ICG are proposing $16/barrel, yet GKP are receiving $27/barrel from local sales, what's the incentive for IOCs to agree to the budget proposal?

[beernut1] 25/11/2024 09:43

US-Kurdistan business delegation signals strengthened economic ties, diversified investments
One focal point of discussions revolved around the recent agreements between the KRG and the Iraqi government to resume oil exports, which had been halted for nearly 20 months.

3 days ago
The Kurdistan Regional Government's (KRG) Representative to the United States, Treefa Aziz. (Photo: Kurdistan24)The Kurdistan Regional Government's (KRG) Representative to the United States, Treefa Aziz. (Photo: Kurdistan24)
Kurdistan
Treefa Aziz
KRG representation to the United States
USKBC
US-KRG Relations
Resumption of KRG's Oil Exports
Economic Diversification
Nov. 21, 2024
ERBIL (Kurdistan24) – The Kurdistan Regional Government's (KRG) Representative to the United States, Treefa Aziz, stated that the arrival of a senior delegation from the US-Kurdistan Business Council (USKBC) showcases heightened American interest in the Kurdistan Region.
The delegation, one of the largest since the council’s inception in 2012, underscores the evolving economic partnership between the two regions.
“This year’s delegation is larger than previous years, reflecting the growing interest of American businesses in Kurdistan,” Aziz said during an interview.
Over the past week, the group engaged in productive meetings in Erbil with senior KRG officials, the presidency office, and key business entities, including the chambers of commerce from Hewler (Erbil), Duhok, Sulaimani, and Halabja, alongside the Kurdistan Investment Board.

A Broader Investment Horizon
While historically centered on energy, particularly oil and gas, this year’s delegation expanded its scope to include defense, security, hospitality, food services, and other industries. "We’re encouraged by the interest of both long-standing companies and new entrants," Aziz noted.
The KRG, in alignment with its strategic goal of economic diversification, aims to reduce reliance on the energy sector.
Areas such as agriculture, banking, tourism, and healthcare are identified as priority sectors for future collaboration with American businesses.
“KurdistanR17;s business-friendly regulations, open-market policies, and secure environment make it an attractive destination for foreign investment, particularly from the US,” Aziz emphasized.
She highlighted the positive role of supportive terms and contracts, distinguishing the Kurdistan Region from the rest of Iraq.
Oil Resumption and Regional Stability
One focal point of discussions revolved around the recent agreements between the KRG and the Iraqi government to resume oil exports, which had been halted for nearly 20 months.
According to Aziz, the resumption represents a significant victory for Kurdistan, Iraq, and global energy markets amid rising demand for oil and gas.
“American oil companies operating here for over two decades are keen to partner with the KRG to ensure a stable resumption of exports,” she stated.
US Commitment to Economic Growth
Aziz praised the collaborative efforts of the US government and the Consulate General in Erbil, led by Consul General Steve Bittner, in fostering bilateral economic relationships.
She described the partnership as a “360-degree relationship,” encompassing defense, security, and economic development.
Looking ahead, Aziz expressed optimism about working with the next US administration to strengthen economic ties further. “The focus on democracies and economic prosperity globally aligns with the Kurdistan Region’s aspirations.
We’re hopeful this partnership will continue to thrive,” she concluded.
The visit of the US delegation marks a pivotal step in advancing Kurdistan’s economic prospects, reinforcing its position as a stable and business-friendly hub within Iraq.

[worldquant] 25/11/2024 09:16

#GKP #gkptakeoverPast 7 days been held in range Little nudge out , if @PeelHunt and Cannacord putting floor under it pre Takeover RNS , then must it be bid up instead?https://x.com/ChicagoJack5/status/1860975184045347256?t=AZIzbXfHIlt-ZixI9UqskA&s=19

[julienbalkany] 25/11/2024 08:15

5% spread encouragement to sellLolPitiful volume WE ARE NOT SELLING ANY!

[steephill cove] 25/11/2024 08:08

GKP share price like a coiled spring this morning GLA long term holders ✅🆙U99;️📈

[confused _gerbill] 25/11/2024 07:53

Morning all. Bit of a nothing piece really, a grumble. It does say that the $16 may well increase, but doesn't (obviously) go into how much will be syphoned off before it gets to the IOC's, will depend on the contracts / independent evaluation I suppose.

Why are some Shiite parties reluctant to accept the new oil prices in Kurdistan?
.
hxxps://www.rudaw.net/sorani/middleeast/iraq/241120243

Rudaw Digital

The Iraqi parliament will hold its first reading of the amendment to Article 12 of the budget law on Tuesday.

According to the amendment, the cost of producing oil is $16 per barrel, but the final price will be decided by an advisory committee.

"Iraq has brought the price to $16, which I think Iraqis will not accept easily. If the 2025 budget law includes the price of $16 a barrel, it will not solve our problem because the oil companies are third parties," Soran Omar told Rudaw In the meantime, they have not agreed to this price.”

Although lawmakers are now only talking about different opinions and do not see deep disagreement on the amendment, but some Shiites are not ready to easily go under the new price and fear that; The final figure, determined by an advisory committee, is likely to reach $24 to $2

"I don't think there is much disagreement on this. There may be differences of opinion, but that doesn't make the issue worse. I think the amendment will pass without problems in the near future," Dahlaky said.

According to the first paragraph of the amendment, the Iraqi Ministry of Finance will pay the financial entitlements of oil production and transportation to the Kurdistan Regional Government, provided that the oil is handed over to the Iraqi Oil Marketing Company (SOMO).

The Kurdistan Regional Government (KRG) has suspended oil exports to the port of Jayhan since March 25, 2023, the loss is estimated at about $ 20 billion, if political differences do not prevent, especially if the Shiite parties cooperate Kurdistan will be.

[highlander7] 25/11/2024 05:29

Hopefully we should get a decision this week.

GLA

[julienbalkany] 24/11/2024 18:49

Patience is a virtue they say, seemingly inching closer to a pipeline restart & removal of uncertainty that has governed the status of the oil contracts held by IOC's in Kurdistan. Should be transformational & best of all being paid 10%+ by a net cash company to wait #GKP $GKP.Lhttps://x.com/wallstcass/status/1860745386631049702?s=61&t=EEAJRmerpfLiAmForyb8Dw

[worldquant] 24/11/2024 17:42

VINCIT QUI PATITURhttps://x.com/GoodnightCharl1/status/1860738469720400104?t=8YeRxcXl8-PjPFfLA4LIeA&s=19

[confused _gerbill] 24/11/2024 16:54

Many false starts even since I blundered in to GKP a couple of years ago, but the latest developments have the old heart a-flutter I admit. LTH's are probably 🥱

[adamrugen1066] 24/11/2024 16:35

I just signed that with a bogus name and email address. I think there might be a flaw in that system.

[worldquant] 24/11/2024 16:05

SOLD BEFORE CHRISTMAS.

[1waving] 24/11/2024 16:05

.
One Million votes now for new General Election and still motoring.

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[hsflegal] 24/11/2024 13:01

After more than 1 year waiting #gkp is finally set to enter in the phase D of the #wyckoff accumulation pattern. If it plays out, it's going to 5 to 10 X in the coming months !

[hsflegal] 24/11/2024 13:00

#GKP #GENL $DNO $HKN $SNM
@apikur_oil


This amendment aims to solve the problem and re-export the #Kurdistan's oil to the port of Ceyhan. There is a political agreement on this, and the political agreement stressed the necessity of solving this problem.

[johnbuysghost] 24/11/2024 11:44

£50 per share low ball first offer on it's way.

[worldquant] 24/11/2024 10:12

After more than 1 year waiting #gkp is finally set to enter in the phase D of the #wyckoff accumulation pattern. If it plays out, it's going to 5 to 10 X in the coming months !https://x.com/Yannick_Finance/status/1860118102048174310?t=cvyMP770R0jc24W2VlaBYg&s=19

[worldquant] 24/11/2024 10:11

Tech signals rocket take off?..#gkp#gkptakeover20-50 times I suspecthttps://x.com/111notout1/status/1860403660942868958?s=61&t=EEAJRmerpfLiAmForyb8Dw

[diamondandpearls] 24/11/2024 09:24

What's the time line on this being resolved ?? At some point enough will be enough and IOCs will say time is up now and we wait till September.
The clock is ticking Iraqi.
But the way these idiots negotiate I just can't see them agreeing on anything.
Hopefully proven wrong and then gkp can be sold for £5. Then we can all move on and never invest in the stock market again as its a complete scam .

[confused _gerbill] 24/11/2024 08:39

On one hand it's depressing the usual games, fighting and arguing are going on. On the other hand they're arguing about market share, which maybe indicates that they believe there will be a market share to fight about.