Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum Ltd LSE:GKP London Ordinary Share BMG4209G2077 COM SHS USD1.00 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.40 -2.69% 195.60 195.00 195.60 202.50 195.00 200.00 779,420 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 79.3 -34.4 -16.4 - 415

Gulf Keystone Petroleum Share Discussion Threads

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Bloomberg Goodbye Oil Glut The unprecedented oil inventory glut that amassed during the pandemic is almost gone. That's keeping crude prices near $67 a barrel, a boon for producers but an increasing concern for motorists and governments wary of inflation. The re-balancing comes as OPEC and its allies keep vast swathes of production off-line and a tentative economic recovery rekindles global fuel demand. Barely a fifth of the surplus remained as of February, according to the International Energy Agency. “What’s left of the surplus is almost entirely concentrated in China,” said Ed Morse, Citigroup's head of commodities research
BTW Doggie your latest Mantra ..."FACTS NOT BS" is the wrong way round. It should really be " BS NOT FACTS" LOL "The only thing factual about what you said and what you say Bigdog is that you are a liar a fraud and an idiot "
Good find K4 . I wonder if all these ii had a heads up on this a while ago. Hence the huge buying we have seen recently. No NOR they havent got long and if things dont improve for the Kurdish people they wont be there either. Its crunch time - as they have finally realised. Looks like the ICG blinked first.
Here is some more "BS" for Macfly. MDN287 LOL
Election is in Oct , they haven't got long.
04/18/2021 07:47:21 The Parliamentary Oil and Energy Committee has opened the cabinet and the Ministry of Oil for the purpose of EXPEDITING AMENDMENTS TO THE OIL AND GAS LAW AND SENDING IT TO PARLIAMENT. Committee member Sadiq Al-Sulaiti said, in a press interview, that THE OIL AND GAS LAW is one of the most important stalled laws, and the Parliamentary Oil Committee has addressed the Cabinet and the Ministry of Oil for the purpose of expediting the necessary amendments to this law AND RETURNING IT TO THE HOUSE OF REPRESENTATIVES FOR THE PURPOSE OF ADVANCING ITS LEGISLATION, indicating that "the law exists in the inclusion of the government that is working on its completion, maturation, and the treatment of some of its objectionable paragraphs, AND RETURNING IT TO PARLIAMENT FOR THE PURPOSE OF INITIATING ITS APPROVAL. He added, "This law is the radical solution to the problems between the center and the region, as in every budget it will create a crisis in the mechanism for settling oil receivables, the mechanism for exporting oil and the mechanism for delivering those receivables and other paragraphs that will be subject to political difference, and may be subject to political auctions as well." And that "the issue does not go beyond being technical and mathematical, related to revenues and duties, and it is supposed to be regulated by law," expressing his hope during the coming period and the remainder of the parliament's life, that "the government will ACCELERATE THE COMPLETION OF THIS LAW and return it to Parliament."
GuyPender, thanks. McFly02, no problem.
"Facts no BS." A fact is not something that you make up Bigdog, a wish list is not "facts". A fact is something that "is known or proved to be true". Take this statement of yours from a week ago for example :- "Are you getting rattled by the facts h7, Xom departed ages ago as well as Mol." You made up the statement that MOL had departed and then presented it on this board as a "fact". Well MOL haven't departed have they, so why did you say it was a fact when you'd just made it up. The only thing factual about what you said and what you say Bigdog is that you are a liar a fraud and an idiot.
Al Monitor - "the Kurdistan Region will receive its 12.67% share of the budget when it hands over the revenue of no less than 250,000 barrels of oil per day at the price set by the State Organization for Marketing of Oil at $45 per barrel." hTTps:// In 2019 Brent averaged $64.30 and the Kurds sold their oil at an an average of $52.68 according to Deloitte which is a discount of $11.62. If they're still selling their oil at the same sort of discount then at the current Brent price of $67 they'll be getting $55.38 a barrel for it. But the new budget agreement says that they only have to send $45 per barrel to Baghdad. So on those 250kbpd they'll still be making 55.38-45.00 or $10.38 per barrel. Which works out at $950 million a year. Every little helps.
Nobull, I hope you don't mind but I've copied your post onto the Mk2 thread where people will get a chance to read it.
Good post nobull. This share is one hell of a ride for sure.
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