Register
Login:
Share:
Email Facebook Twitter

Please take part in our survey It takes 2 minutes and you could win an Apple iPad Air 2 (Terms and conditions apply). Dismiss Message
GKP Share Chat - RSS Feed

Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 49.50Bid: 49.00Ask: 49.50Change: -0.25 (-0.50%)Faller - Gulf Keystone
Spread: 0.50Spread as %: 1.02%Open: 51.75High: 51.00Low: 48.25Yesterday’s Close: 49.75


Share Discussion for Gulf Keystone (GKP)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
NickiMinaj
Posts: 1,149
Off Topic
Opinion:Strong Buy
Price:56.75
View Thread (5)
RE: NickiMinaj
19 Jan '15
The company said - being in possession of specialist fracture studies - that one third of the Shaikan oil was recoverable.

Applying that to the 13.7 billion barrels Oil In Place P50 figure for Shaikan, that gave 4.57 billion barrels recoverable.

But what did ERCE say in the CPR? Barely one-third of that? And the percentage of even their diminished figure was pitiful. Of course, some of the "reduction" in the Oil In Place was merely presentational, because ERCE excluded the Cretaceous and the Triassic, in order to align the CPR (but WHY?) with the Field Development Plan. But the Recovery Factor was kicked back, that's for sure.

The situation is NOT ACCEPTABLE.
 
layercake
Posts: 647
Off Topic
Opinion:No Opinion
Price:56.75
GKP
19 Jan '15
kinglouie2013
Posts: 397
Off Topic
Opinion:No Opinion
Price:56.75
View Thread (8)
RE: Guru or Dudu?
19 Jan '15
operation mining crime....???
Robb1e
Posts: 718
Off Topic
Opinion:No Opinion
Price:56.00
View Thread (8)
RE: Guru or Dudu?
19 Jan '15
wow Queensryche, takes me back to my teens
layercake
Posts: 647
Off Topic
Opinion:No Opinion
Price:55.75
View Thread (5)
NickiMinaj
19 Jan '15
Re: NickiMinaj
Okay. So what we are saying here is that we could compare these shenanigans to George W. Bush, Tony Blair and the existence of WMD just to make it more dramatic. No wonder the City cannot place common sense value on the stock and only has the option of the companys current finance and future ongoing payments to guide the price.
Even for them now this is all way to abstract and a serious pain in the but. The board needs to realise that to borrow money these days, the lenders want blood in return so time to wind the clock and start putting pressure where needed. Tic Toc Tic Toc
NickiMinaj
Posts: 1,149
Off Topic
Opinion:Strong Buy
Price:55.25
View Thread (8)
RE: Guru or Dudu?
19 Jan '15
Metal Guru lol

btw I'm listening to Queensryche as I'm typing this.

"Promised Land"

That's where we all thought an investment in Gulf Keystone was taking us.

But so far Grim Reaper's "See You In Hell" has, sadly, been rather more appropriate.
NickiMinaj
Posts: 1,149
Off Topic
Opinion:Strong Buy
Price:55.50
View Thread (4)
RE: NickiMinaj
19 Jan '15
Ukrainian, apparently. Which was of course part of the USSR when she was born.

So "Soviet" rather than Russian, I guess lol
carvegyber
Posts: 5,093
Off Topic
Opinion:No Opinion
Price:55.50
View Thread (8)
Guru or Dudu?
19 Jan '15
The verdict is in.....

Prediction of the week last week was: "This will definitely be in the 40s by Friday."

Still, there will be another tozzer along soon to tell us the guru is always right.
NickiMinaj
Posts: 1,149
Off Topic
Opinion:Strong Buy
Price:55.75
The fracture porosity is the KEY
19 Jan '15
This is very obvious from everything we see.

ERCE used a low fracture porosity assumption of 0.4% (which did not even come from Shaikan data) in their assessment of a much lower percentage of Recoverable oil than had previously been indicated by Adnan Samarrai, John Gerstenlauer and Todd Kozel in presentations and public discussions.

At the same time that the ERCE CPR was published, John Gerstenlauer and John Stafford were making it very obvious that they did not agree with ERCE about the fracture porosity.

We know that Gulf have had various Fracture Porosity studies done by external specialist consuktants since the summer of 2009. We have dates of some of them, and details of who did them. We have thye names of some of the geologists who wrote those reports. Some of them have shared the same stage as John Stafford, in 2013 and 2014, giving Presentations on this very issue.

We cannot establish from the CPR whether or not ERCE had these fracture porosity reports when they wrote the CPR, because in the CPR there are no references to those studies so far as we can see, nor are there any references to any fracture porosity numbers by ERCE. All we appear to have is ERCE's own assumptions, which are apparently not driven by Shaikan data.

This is supposed to be INVESTMENT.

Based our personal assessments of the data.

Without the data, what is it?
Barrik
Posts: 146
Off Topic
Opinion:No Opinion
Price:55.75
View Thread (4)
RE: NickiMinaj
19 Jan '15
To paraphrase Jonathan Gaisman QC: "The game's up, Miss Vvedenskaya"

Russian by any chance?





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.