Gold vs US Dollar

Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

Get Started

GKP Gulf Keystone Petroleum Ltd

186.40

1.60 (0.87%)

10 Mar 2025 - Closed

Delayed by 15 minutes

Gulf Keystone Petroleum Investors - GKP

Share Name	Share Symbol	Market	Stock Type
Gulf Keystone Petroleum Ltd	GKP	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	1.60	0.87%	186.40	16:35:02

Open Price	Low Price	High Price	Close Price	Previous Close
182.50	181.40	187.80	186.40	184.80

more quote information »

Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 10/3/2025 09:11 by kevc67 https://peregraf.com/en/news/8582 U.S. National Security Advisor Mike Waltz has urged the Iraqi government to resolve contract disputes and pay outstanding arrears owed to U.S. energy companies operating in the Kurdistan Region. The statement came during a Sunday morning discussion with Iraqi Prime Minister Mohammed Shiaa al-Sudani, where a range of economic and security matters were addressed.According to Waltz's post on X, he emphasized the importance of strengthening U.S.-Iraq relations based on mutual security interests and economic cooperation, particularly in the energy sector.In line with President Donald Trump's "maximum pressure" strategy on Iran, Waltz highlighted that the decision not to renew the waiver on sanctions for Iranian electricity exports was a calculated step to increase pressure on Tehran. He warned that further actions could be taken if Iran persisted in developing nuclear weapons capabilities and supporting terrorism in the region, including within Iraq.Waltz welcomed the Iraqi Prime Minister's efforts to achieve energy independence for Iraq and encouraged the Iraqi government to welcome more Western and U.S. energy companies into Iraq's oil and gas sectors. The National Security Advisor "urged the Iraqi government to work with the Kurdistan Regional Government to address remaining contract disputes and pay arrears owed to U.S. energy companies, and also requested that the Iraqi government retain an investment coordinator to work with U.S. companies seeking to invest and operate in Iraq."The National Security Advisor also recommended that Iraq appoint an investment coordinator to assist U.S. companies seeking to enter and expand within the Iraqi market. This, he argued, would help bolster economic ties and create a more stable and transparent business environment.The American Association of Petroleum Industry in Kurdistan (APIKUR) acknowledged Waltz's remarks in a statement on X, formerly Twitter, emphasizing that the removal of obstacles facing oil companies in the Kurdistan Region is crucial for Iraq's energy expansion and self-sufficiency.Waltz concluded the discussion by reaffirming the Trump administration's commitment to deepening energy and economic partnerships between the U.S. and Iraq for the mutual benefit of both nations.The issue of delayed payments to energy firms operating in the Kurdistan Region remains a key concern for international investors, with some companies reducing operations due to financial uncertainty. Industry experts stress that resolving these disputes is critical for maintaining investor confidence and ensuring continued energy development in Iraq.Deadlock in Baghdad Meeting on Restarting Kurdistan Region Oil ExportsOn March 6, 2025, a crucial meeting in Baghdad aimed at restarting oil exports from the Kurdistan Region through the Iraq-Turkey pipeline ended without an agreement, despite the presence of a U.S. diplomat attempting to ease negotiations, Peregraf has learned from sources in the Kurdistan Regional Government (KRG).The meeting brought together representatives from the KRG Ministry of Natural Resources, the Iraqi Federal Oil Ministry, and international oil companies operating in the Kurdistan Region. Discussions centered on removing obstacles to oil exports, but disagreements over financial entitlements prevented a breakthrough.According to a senior KRG source, oil companies are demanding the settlement of their outstanding debts, which amount to $1 billion, and guarantees for future payments. However, Baghdad has refused to assume responsibility for these debts, stalling negotiations.The deadlock persists despite earlier remarks by Iraqi Oil Minister Hayan Abdul Ghani, who had suggested that an agreement on resuming exports via Iraq's state-owned SOMO company was imminent. Abdul Ghani had indicated that initial exports from the Kurdistan Region would begin at 185,000 barrels per day, with gradual increases to meet the quotas specified in the Iraqi budget. However, no progress has been made on implementing this plan.The broader dispute over oil exports dates back to March 25, 2023, when shipments through Turkey's Ceyhan port were halted following a ruling by the Paris Arbitration Court in favor of Iraq. The ruling led to a suspension of Kurdish oil exports, worsening financial difficulties for the Kurdistan Region.The Iraqi government has since sought to regulate oil production in the Kurdistan Region under its federal budget law. Baghdad has agreed to pay the KRG $16 per barrel of oil until an international company determines production costs. However, ongoing financial disputes, including the issue of unpaid debts to oil companies, have prevented an agreement from being reached.With no resolution in sight, the future of oil exports from the Kurdistan Region remains uncertain, prolonging economic instability in the region. Read Full Thread Reply
Posted at 04/3/2025 08:27 by kevc67 https://www.kurdistan24.net/en/story/827865 ERBIL (Kurdistan24) In a bid to resolve long-standing disputes over oil contracts and exports, the Iraqi Federal Oil Ministry and the Kurdistan Regional Government's (KRG) Ministry of Natural Resources are holding a crucial meeting on Tuesday in Baghdad. The discussions are expected to pave the way for new agreements that could shape the future of Kurdistan's oil industry and its integration into Iraq's broader energy framework.The Iraqi Parliamentary Oil and Energy Committee confirmed the meeting, with committee member Sabah Subhi stating that the talks aim to address key contractual issues and ensure the development of Kurdistan's oil fields in accordance with international best practices.Subhi also revealed that a specialized technical team from the Oil Ministry has been dispatched to Zakho to inspect the Khor Mor pipeline, a critical infrastructure link between the Kurdistan Region and Turkish territory."This technical team is evaluating all pipelines connecting the Khor Mor field inside the Kurdistan Region to Turkish soil, ensuring that all aspects of oil transport infrastructure are aligned with federal oversight," Subhi told Iraq's state newspaper, as reported by Kurdistan24.The Baghdad talks are set to address the contentious issue of oil contracts signed between the KRG and foreign firms, many of which have been at the center of legal and financial disputes between Erbil and Baghdad. The Iraqi Oil Ministry has extended invitations to foreign oil companies operating under the Association of the Petroleum Industry of Kurdistan (APIKUR) to join the discussions, signaling a potential effort to integrate these firms into Iraq's national oil policy framework.Baghdad and Erbil Reach Agreement on Ceyhan PipelineThe ongoing negotiations follow a recent breakthrough in oil export talks. On February 26, Iraqi Oil Minister Hayan Abdul Ghani announced that Baghdad and Erbil had reached an agreement to resume crude exports via the Ceyhan pipeline in Turkey. This development comes after months of halted exports, significantly impacting Kurdistan's oil revenues and straining relations between the regional and federal governments.The agreement was facilitated by amendments to the Federal Budget Law, which the Iraqi Parliament approved on Feb. 2, 2025. These amendments, particularly modifications to Article 12, have created a framework for restarting Kurdistan's oil exports while addressing the financial compensation mechanisms between the two governments.New Mechanism for Oil Revenue SharingAmeen Rahim, Secretary of the KRG Council of Ministers, detailed the provisions of the revised budget law, emphasizing the structured mechanism to ensure financial stability in oil exports. The key aspects of the agreement include:1- Compensation for Sovereign Expenses: The Iraqi Ministry of Finance will compensate the KRG for production and transportation costs associated with the oil volumes received by the State Organization for Marketing of Oil (SOMO) or the Federal Oil Ministry. An independent international advisory body will be appointed to determine fair production and transportation costs per oil field, with both governments jointly selecting this body. If disagreements arise, the Iraqi Council of Ministers will step in to appoint the advisory group.2- Cost Calculation and Payment Structure: The advisory body will estimate the per-barrel production and transport costs and submit these figures to the Federal and KRG Oil Ministries, as well as the Iraqi Ministry of Finance. Compensation will be calculated accordingly, and the Finance Ministry will transfer these funds to the KRG Government to ensure uninterrupted oil production.3- Immediate Oil Transfers and Financial Advances: As part of the agreement, Kurdistan's produced oil will be transferred to SOMO or the Federal Oil Ministry for export, with the Iraqi Finance Ministry providing an advance payment of $16 per barrel to cover initial production and transportation costs. These payments will be reconciled based on the advisory body's findings to ensure fairness and transparency.A Step Toward Stability and Economic IntegrationThe latest developments mark a significant step toward stabilizing Iraq's oil sector and fostering stronger economic ties between Baghdad and Erbil. The prolonged disputes over oil revenue allocation and contractual frameworks have been a major source of tension between the two governments, often resulting in budget shortfalls and uncertainty for international investors.By aligning Kurdistan's oil industry with international standards and ensuring a structured financial mechanism, both sides aim to create a more predictable and cooperative energy sector. The outcome of today's discussions in Baghdad will be critical in determining whether this fragile progress can translate into a long-term resolution for Iraq's oil sector.As talks continue, the focus remains on ensuring fair revenue distribution, protecting investor interests, and fostering a sustainable oil export strategy that benefits the entire nation. The decisions reached in Baghdad today could define the trajectory of Iraq's energy landscape in the coming years. Read Full Thread Reply
Posted at 27/2/2025 08:23 by habshan RNS. Notice of 2024 Full Year Results and Investor Presentations. Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, confirms it will be announcing its results for the full year ended 31 December 2024 on Thursday 20 March 2025. GKP’s management team will be hosting a presentation for analysts and investors at 10:00am (GMT) via live audio webcast: In addition, management will also be hosting a webcast presentation focused on retail investors via the Investor Meet Company ("IMC") platform at 12:00pm (GMT). The presentation is open to all existing and potential shareholders. Questions can be submitted prior to the event via the IMC platform up until 9:00am (GMT) the day before the meeting, or at any time during the live presentation. Investors can sign up to IMC for free using the following link: Recordings of both presentations will be made available on GKP’s website. Read Full Thread Reply
Posted at 04/2/2025 08:57 by kevc67 https://www.kurdistan24.net/en/story/823056 ERBIL (Kurdistan24) - The recent approval of Iraq's budget law amendment, facilitating the resumption of oil exports from the Kurdistan Region, has led to a significant increase in the share prices of foreign companies operating in the region's energy sector.This development reflects growing investor confidence in the stability and profitability of Kurdistan's oil market.Following the Iraqi Parliament's decision on Sunday, major oil firms with operations in the Kurdistan Region experienced notable gains.Norwegian oil company DNO, which operates in the Tawke and Baeshiqa fields, saw its stock price rise from $11.89 to $13.87.Similarly, Genel Energy, a key player in the region's energy market with production from the Taq Taq, Tawke Fishkhabur, and Sarta fields, recorded an increase in share value from $57 to $70.Market analysts predict that with the full implementation of the amendment and the resumption of Kurdistan's oil exports, these companies will likely see continued stock appreciation, boosting investor returns and encouraging further capital inflows into the region's oil sector.This upward trend in share prices signals renewed confidence in the Kurdistan Region's oil industry, highlighting its importance in regional energy markets.The anticipated revival of oil exports is expected to bring economic benefits not only to investors but also to local stakeholders involved in the sector.Read More: Iraqi Parliament Approves Budget Amendment, Clearing Path for Kurdistan Oil ExportsRead More: Iraq Moves Closer to Finalizing Kurdistan Oil Export AgreementThe Association of the Petroleum Industry of Kurdistan (APIKUR), representing international oil companies operating in the region, welcomed the Iraqi Parliament's budget law amendment. APIKUR's spokesperson, Myles Caggins, stated that the association "remains focused on reaching agreements to restore oil exports through the Iraq-Turkey Pipeline."Read More: 'APIKUR Welcomes the Iraqi Parliament Budget Law Amendment,' SpokespersonFurthermore, Shakhawan Abdullah, the Deputy Speaker of the Iraqi Parliament, announced that there are no longer any legal obstacles to oil exports from the Kurdistan Region, paving the way for the resumption of exports.Read More: There are no longer any legal obstacles to Kurdistan Region oil exports, says Iraqi Parliament Deputy SpeakerThese developments underscore the collaborative efforts between the federal and regional governments to stabilize and enhance the region's oil industry, fostering a more favorable environment for foreign investment. Read Full Thread Reply
Posted at 25/12/2024 10:46 by spark plug Merry Christmas to all (except the trolls) they have caused serious financial losses to any new investors over the last 15 years, spouting their lies and misleading honest investors. Those of us who studied the facts from reputable sources and made our own decisions are still here, because we know the eventual outcome - serious money to be made now we are approaching the end of this fiasco. For this share to be manipulated day in day out over many years only confirms the true potential pot of gold at the end of the rainbow - were nearly there! Read Full Thread Reply
Posted at 29/11/2024 10:33 by habshan Iraq is a signatory to numerous United Nations and International Treaties for the protection of investors. All of this mess was created solely by politicians in Baghdad so why should they be allowed to escape the consequences scott free, they themselves have demonstrated that they are only too willing to go to arbitration when it suits them and other IOCs have already gone down the arbitration route to seek redress. When this is all over and the IOCs have their new contracts and are exporting and working again as normal they will still have the option of going to arbitration to seek compensation for the enormous losses they've incurred through no fault of their own. Unless, they sign away that option during the upcoming negotiations. "Honour the existing terms of our legally binding contracts pay us what we are owed and we won't take you to court, if you refuse and want to screw us then the pipeline remains shut and BP won't have an export route, we'll continue selling into the local market and we'll sue you." Compensation awards would run into the billions or more likely tens of billions. That is an enormous bargaining chip. International Arbitrator Jeffrey Sullivan KC who sits on the London Court of International Arbitration:- Question (Rudaw) - What are the legal avenues that an IOC may use to seek redress for harm they may suffer? Answer - "There are two avenues. One is investment arbitration, Iraq has entered into international treaties with 3rd countries that provide protection for foreign investors and those investors have the right to seek redress in international arbitration. The second is that there are contractual relationships with the KRG which are governed by English law and the Federal Government could also be held liable under those contracts." Question (Rudaw) - Would the ruling by the Supreme Court itself be considered a violation? Answer - "There is the potential for a violation if the contracts were not honoured. Under the investment treaties there's a very good chance they've already violated those investment treaties because the decision of the court itself interferes with the investors investments so if we're looking at redress under investment treaties there's the possibility that the Government of Iraq has itself violated those treaties through the decision of the Supreme Court." Read Full Thread Reply
Posted at 18/11/2024 11:24 by beernut1 KRG delegation to attend major economic forum in Russia next week The KRG delegation will spend four days in Russia, during which they will participate in several important meetings. "We aim to return with concrete achievements," Bargasht Akrayi, spokesperson for the Kurdistan Board of Investment, emphasized. 43 minutes ago The flags of Kurdistan (R) and Russia (L). (Photo: Kurdistan24)The flags of Kurdistan (R) and Russia (L). (Photo: Kurdistan24) Kurdistan Kurdistan Board of Investment Mohammed Shukri St. Petersburg International Economic Forum Russia-KRG Relations Bargasht Akrayi Economic Diversification Nov. 18, 2024 ERBIL (Kurdistan24) - A Kurdistan Regional Government (KRG) delegation will visit Russia next week to participate in the St. Petersburg International Economic Forum, Investment Board spokesperson Bergasht Akrayi told Kurdistan24 on Monday. Dr. Mohammed Shukri, Chairman of the Kurdistan Board of Investment, will lead the delegation, which includes 15 to 20 investors and businesspeople from various cities across the Kurdistan Region, following an official invitation to participate in the economic event. "The Kurdistan Region has received an official invitation to participate in this economic activity," Akrayi said, adding that the delegation's primary objective is to "attract and increase Russian investment in the Kurdistan Region, while also seeking to sign agreements and memoranda of understanding with foreign investors." The KRG delegation will spend four days in Russia, during which they will participate in several important meetings. "We aim to return with concrete achievements," Akrayi emphasized. The Kurdistan Region has been actively working to diversify its international economic partnerships and attract foreign investment across various sectors. This visit to Russia represents a significant step in expanding economic ties between the Kurdistan Region and Russia, particularly important given Russia's significant presence in the energy sector and other industries. The St. Petersburg International Economic Forum is one of Russia's premier business events, attracting international investors and business leaders from around the world. Read Full Thread Reply
Posted at 07/11/2024 12:18 by peking ducks peking ducks7 Nov '24 - 11:43 - 713324 of 713329 Edit 0 1 0 They bought 5,700,000 at 139.80......................last time - this IS NOT A BUYBACK PROGRAM...............its a stabilisation program pre NEWS!!! peking ducks7 Nov '24 - 11:50 - 713325 of 713329 Edit 0 2 0 MAR 2.1.5 See Noteshandbook-guidance Stabilisation transactions mainly have the effect of providing support for the price of an offering of relevant securities during a limited time period if they come under selling pressure, thus alleviating sales pressure generated by short term investors and maintaining an orderly market in the relevant securities. This is in the interest of those investors having subscribed or purchased those relevant securities in the context of a significant distribution, and of issuers. In this way, stabilisation can contribute to greater confidence of investors and issuers in the financial markets. [Note: Recital 11 of the Buy-back and Stabilisation Regulation] 01/07/2005 Read Full Thread Reply
Posted at 07/11/2024 11:50 by peking ducks MAR 2.1.5 See Noteshandbook-guidance Stabilisation transactions mainly have the effect of providing support for the price of an offering of relevant securities during a limited time period if they come under selling pressure, thus alleviating sales pressure generated by short term investors and maintaining an orderly market in the relevant securities. This is in the interest of those investors having subscribed or purchased those relevant securities in the context of a significant distribution, and of issuers. In this way, stabilisation can contribute to greater confidence of investors and issuers in the financial markets. [Note: Recital 11 of the Buy-back and Stabilisation Regulation] 01/07/2005 Read Full Thread Reply
Posted at 01/8/2024 06:36 by habshan RNS. Notice of 2024 Half Year Results and Investor Presentations. Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, confirms it will be announcing its results for the half year ended 30 June 2024 on Thursday 29 August 2024. GKP’s management team will be hosting a presentation for analysts and investors at 10:00am (BST) via live audio webcast: In addition, management will also be hosting a webcast presentation focused on retail investors via the Investor Meet Company ("IMC") platform at 12:00pm (BST). The presentation is open to all existing and potential shareholders. Questions can be submitted prior to the event via the IMC platform up until 9:00am (BST) the day before the meeting, or at any time during the live presentation. Investors can sign up to IMC for free using the following link: Recordings of both presentations will be made available on GKP’s website. Read Full Thread Reply

Gulf Keystone Petroleum

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions