Gulf Keystone Petroleum Ltd Share Price (GKP.GB.PL)

Anyone got any idea on why we are having such a big rise in the share price? News on the pipeline? Welcome rise but why?

Owning GKP stock is like being in purgatory.

When will the Iraq-Turkey pipeline reopen? When will the KRG pay the company what they owe for past deliveries? And what will GKP be like after this palaver is over?

I loved this stock back in the day for her regular dividends, super-charged dividend yields and low valuation multiples. But the reasons for this are now crystal clear - this will always be a hyper high-risk stock for as long as they operate in this geography alone.

Kudos to management for steadying the ship in recent months. Local sales and cost-cutting have kept the team in place and the cash balance at safe levels. Things could have been so much worse without sensible on-the-ground action.

I'm holding GKP until we get some material good news. Then I'll probably reallocate some funds to AET & ENQ.

Even Malcy, splashing it around,

Oil weakened yesterday, it was a combination of a bit of profit taking as the quarter started and also the weak dollar had its turn in putting off buyers. Also the news about the Turkish pipeline reopening finally convinced the market that supply was increasing although only a little. The Opec meeting starts tomorrow and given that Brent is off the top I can’t see the Saudis offering to cut back this time.

Not the Time to be sitting on the sidelines, you have been warned, its going to flow!!!!!!

Kurdistan Watch

@KurdistanWatch: 14h

Turkish Energy Minister Bayraktar announces the Turkey-Iraq oil pipeline, accounting for 0.5% of global oil production, is set to resume operations this week after a prolonged disruption.

He says the pipeline which carries KRG oil is operational as of today

Yep. The next dividend will be paid a few weeks after it is declared. You are welcome.