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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 126.50Bid: 126.50Ask: 127.25Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.75Spread as %: 0.59%Open: 124.25High: 127.25Low: 124.25Yesterday’s Close: 126.50


Share Discussion for Gulf Keystone Petroleum


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gazebo79
Posts: 723
Off Topic
Opinion:No Opinion
Price:126.50
RE: LongStrong
Mon 23:19
Go and check out Dragon oil
 
Dibendra
Posts: 430
Off Topic
Opinion:Strong Buy
Price:126.50
RE: LongStrong
Mon 13:54
I have
Merely wondering what your value of 'industry norm' that you apply is ??
I do know deals been done at values ranging 40,000 to 350000

Gulf around 16,000 on 58% 40kboepd
FlyingHorse1
Posts: 702
Off Topic
Opinion:No Opinion
Price:126.00
RE: LongStrong
Mon 12:39
Dibs do your research. Price flow barrel is standard method industry uses to calculate take over value. Deals get done at 10 times GKP current value. Happy to sit this out.
SunnyRain
Posts: 1,326
Observation
Opinion:No Opinion
Price:124.50
To Descent Durby
Mon 08:56
The six months period to 30 June 2014 is a key milestone in the Group's operations as it is the first time a gross profit has been recognised from the Shaikan field. Until such time as payments become regular and predictable, gross profit will be variable. The Company is continuing to work with the KRG to achieve a regular and predictable payment cycle. Export infrastructure improvements are continuing to come online as planned in the region and the KRG is continuing to advance its export plans.

3 Years later,.......
SunnyRain
Posts: 1,326
Observation
Opinion:No Opinion
Price:124.50
Mol reports
Mon 08:19
Production from Shaikan (20% WI, non-operated) fell slightly QoQ due to temporary oil transport constraints in September, but is currently uninterrupted and continues at an average daily rate of c. 38,000 bopd. All production is currently trucked to the Turkish border for injection into the export pipeline at that point.

Gkp 5.4 mill a month since Sept 2016 to Feb 2017 Gkp 12 mill a month, Mol 3 mill a month
MickRicer
Posts: 555
Off Topic
Opinion:No Opinion
Price:126.00
DURBY
Mon 07:06
Fair point!
durby
Posts: 2,132
Off Topic
Opinion:No Opinion
Price:126.00
RE: What are these clowns actually
Mon 06:24
Deeko - Indeed, cash balance has been swinging between $90m to $110m. As I said in one of my recent post, despite the restructuring, the company is still likely to be loss making - so the annual report will be a fun read!

Another point to note is that so far the company has been offsetting some of the annual payments it needs to make to KRG (e.g. Infrastructure tax or whatever it is called) against past arrear that KRG owes GKP. There is not much past arrears left to offset against - so soon the company will have to dip into its cash reserve to make these annual payments.

So IMO we still do not have a sustainable businesss model (yeah yeah those gazillion barrels of oil ... don't mention). That's what I expect to read out of the numbers to be published in the annual report. Would love to be proven wrong for the sake of some of the decent LTH on this board.
Oilman63
Posts: 530
Off Topic
Opinion:No Opinion
Price:126.00
RE: ţ100M stagnating:
Sun 21:53
You are wrong.
Chill out.
Invstrat
Posts: 176
Off Topic
Opinion:No Opinion
Price:126.00
RE: ţ100M stagnating:
Sun 21:32
Well, let's not get carried away Dibendra - some of us have very full boots already.
Plenty of variables and of course the real value hidden under Shaikan (and the puppetmasters reason for keeping it under wraps) remains our trump card.
Dibendra
Posts: 430
Off Topic
Opinion:Strong Buy
Price:126.00
RE: ţ100M stagnating:
Sun 20:41
Yes The former noteholders 'The boys in the loop' are going to do very very well when gulf is sold for considerably more than current SP Me too 'Fill yer boots' the expression from yesteryear. Great.




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