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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 129.80Bid: 100.00Ask: 130.00Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 30.00Spread as %: 30.00%Open: 126.00High: 0.00Low: 0.00Yesterday’s Close: 129.80


Share Discussion for Gulf Keystone Petroleum


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highlander1970
Posts: 2,053
Off Topic
Opinion:No Opinion
Price:129.80
Bye Bye Keith
Today 07:45
Can't you take the Ferret with you?

The fact that the oil has been produced through the pipeline since Nov 15th and this information was not released to the shareholders is, IMO, nothing short of proof of the incompetance of these people.

As shareholders, we should also be told of the golden parachutes I have no doubt these cockroaches are scuttling away under.
 
Wiseman72
Posts: 502
Off Topic
Opinion:No Opinion
Price:129.80
View Thread (2)
RE: RNS
Today 07:21
Seems pretty positive to me, a few bad apples leaving, spur announced and healthy balance sheet.

As expected guidance for 2018 without investment at lower end but good performance during 2017.

Looks like things are moving fast for us now GLA
liamnicholas
Posts: 3,475
Off Topic
Opinion:No Opinion
Price:129.80
RNS
Today 07:09
https://www.investegate.co.uk/gulf-keystone-petrol--gkp-/rns/operational-and-corporate-update/201801220700044624C/

Interesting ...

Corporate Update

£ Gross production guidance for 2018 is being set at 27,000-32,000 bopd. The lower range compared to 2017 is due to the need to install downhole pumps in some wells, which are part of the investment programme delayed into 2018.

£ Chairman Keith Lough has informed the board of his intention to step down. Keith joined GKP as a non-executive Director in October 2015 and assumed the role of Chairman in July 2016. Keith successfully steered the Company through its financial restructuring in 2016 and oversaw the strengthening of GKP's balance sheet and continued improvement of GKP's corporate governance. He leaves the Company ahead of a new phase of its development where the focus is on operations and investment. The Company thanks Keith for his wise counsel and commitment to the business. A search is underway for Keith's successor as Independent Chairman and the Board will ensure a smooth and orderly transition.

£ The Company confirms that, after two and a half years' service, Nadhim Zahawi, the Chief Strategy Officer, left the Company in December 2017. The Company thanks Nadhim for his valuable contribution.

£ Cash position of $157 million as at 19 January 2018.
lemaillotjaune
Posts: 261
Off Topic
Opinion:No Opinion
Price:129.80
RE: ALIGN COMMENTARY
Sun 18:52
Richie how did you arrive at the "EBITDA potential for 2018 (based on $62 per boe Brent) – $81m (conservative)" ?
Invstrat
Posts: 386
Off Topic
Opinion:No Opinion
Price:129.80
RE: White Knight ?
Sun 17:18
So there we are BB - I really can't imagine the heady days of $100/bbl in our investment lifespan again - unless of course a major war in the ME region - and that's a higher probability cf $100 oil in my book. The outcome of the next round of tribal squabbles among Saudi Iran Syria Kurds Turkey .... take your pick - will herald a further round of corruption carve-ups - and off we go again.
Meanwhile, back at the ranch: American shale ramping up to fill the capacity and negate further price rises
You see any other light at the end of our tunnel ?
RICHIEBOY666
Posts: 637
Off Topic
Opinion:Strong Buy
Price:129.80
ALIGN COMMENTARY
Sun 17:04
surreyscot
Posts: 573
Research
Opinion:Strong Buy
Price:129.80
ESP
Sun 13:34
Installing them is a fairly straightforward , although time consuming exercise , primarily because of there length and involves a fair bit of downhole kit. The main issue I have come up against in the past is electrical power for them + a fuel supply for the gas/diesel turbine drivers.

They need substantial amounts of electrical power and usually need there own stand alone power supply. But again nothing complicated - just more expense and the hassle of getting either turbines / or reciprocating diesel engine skids on site and setting them up. All standard stuff.
BroadfordBay
Posts: 357
Observation
Opinion:No Opinion
Price:129.80
RE: White Knight ?
Sun 13:23
Invstrat; and this is essentially the main issue here.

The Profit Oil ($3/bbl at $68 Brent?) is, as it says, the "profit" you earn (allowed to earn?) from the deal.

The Cost Oil ($11/bbl at $68 Brent?) is just the return of borrowed(?) money to those from whom you borrowed.

The Kurdish PSC is not a good deal at such oil price levels.

At $100 or $150 Brent it all looks so much better...
Invstrat
Posts: 386
Off Topic
Opinion:No Opinion
Price:129.80
White Knight ?
Sun 13:14
GKP currently hand over 1Mbbls/month and receive c.$12M/month (late and grudgingly) gross for their efforts.
Why on earth would an IOC step in & save us from ourselves if there's only $12/bbl gross in it for them ?
If they wanted some of the oil, they would have to buyback (soon from SOMO) at market price.
Why would they bother acquiring GKP at these returns ?
I'm obviously living a fantasy if I believe in White Knights waiting in the wings to snap us up ?
FlyingHorse1
Posts: 1,732
Off Topic
Opinion:No Opinion
Price:129.80
View Thread (2)
RE: Please do not be personal
Sun 10:59
Hasiba it will get personal when there are peeps who try to rob PIs.




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