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Nothing I could find on the ruling yet, just some more Kurdistan focused discussion

https://ekurd.net/kurdistan-oil-psc-contracts-2022-07-18

The Kurdistan Oil PSC Contracts – What is Going to Become of Them?
Posted on July 18, 2022 by Editorial Staff in 1 Top News, Exclusive, Oil & Gas
The Kurdistan Oil PSC Contracts
An oil refinery in Iraqi Kurdistan. Photo: AFP

Sheri Laizer | Exclusive to Ekurd.net

Iraq’s Federal Supreme Court has ruled the Sarsang PSC contract illegal concerning HKN Energy – and that is Ross Perot’s Company. [1] But meanwhile the KRG elite’s efforts continue – particularly in the territory under the control of the Barzani-dominated KDP.

According to a statement on July 7 reproduced in the ISHM bulletin of 7-14 July 2022, “Iraq’s Oil Minister, Ihsan Abdul-Jabbar Ismail, said that his government was serious about enforcing a recent court decision against four foreign oil companies operating in the Kurdistan region. The day before, news reports said that an Iraqi court in Baghdad ruled that the contracts between the Kurdistan region’s government and Western Zagros, DNO, HKN Energy, and Genel Energy were void. The court reportedly found the contracts in question to be in violation of the February 15 ruling by the Federal Supreme Court against oil operations in the Kurdistan region.

In an exclusive interview with AP, Ismail, said that Baghdad’s plans to bring Kurdistan’s oil operations under its control will expand to reach a total of 17 companies and he would present the companies with three options: canceling the contracts, requesting waivers from Baghdad, or agreeing to transfer the deals from the KRG Natural Resources Ministry to Iraq’s federal Oil Ministry. Ismail said his approach first involves giving the companies a warning that they are “working in the smuggling of oil,” and “If they are a respectful company they will listen to us.” Should the companies refuse to cooperate, the minister said Baghdad would seek to enforce the court decisions through “the law and banks.” [2]

The Kurdistan Oil PSC Contracts
Iraqi Kurdistan oil map. Atrush field. Photo: Provided by Sheri Laizer

Of current importance therefore and worth watching next is the fate of the following fields:

The Sarsang field under the blacklisted HKN Energy=Ross Perot.

The Atrush field is now Taqa (Abu Dhabi National Energy Company) /ShaMaran (Lundin of Sweden) who bought out Alex Cranberg’s GEP Aspect Energy and kept the name.

Shaikan field, is GKP (KDP PUK/ UAE and UK elite). They own 95% of GKP, and that’s why they are paying themselves a dividend of 11% this year.

When, and if, ShaMaran use GEP to buy Sarsang, that would mean the elite of the KDP would own Sarsang, Atrush and Shaikan.

This is big money if those three oil fields should become one and it would amount to the world’s third largest oil field.

A recent public statement by ShaMaran itself read:

Shamaran Announces Sarsang Acquisition Progress

VANCOUVE

Having said that, GKP have been treated (in terms of communication at least) differently along with SharMaran & Addax

Why would these three be treated differently to Genel / DNO / Western Zargos and HKN?

I guess we may well soon find out

GL ALL

Well, one could postulate that none of us are in any position to know the absolute truth therefore all are mere opinions.
And as such, we ought to live with the fact that none of us will know and can know what is really going to happen or is actually happening right now.

Until the absolute truth is known, and confirmed, then it is pure speculation and bulletin board chat and speculation.

You pay your money, you take your chance.

Its a confused picture for sure, as the Iraqi Supreme Court itself is an illegitimate quango forged in a non constitutional manner in breach of the Iraqi by laws.
So you have an illegitimate court passing non binding illegitimate decisions over areas and companies is has no jurisdiction.

A right mess

No problem, thank you fir your courteous posting.

Opening up a line of discussion which someone posted on twitter referencing it could be pertinent to GKP, however I fail to see the connection and wondered if anyone else did?

Sorry, late night post on phone, didn't copy text.
Posted on Twitter, and apologies I don't draw dots or links to GKP but someone thinks there might be action in the background due to Shamaran kicking the deal can with the KRG and the Sarsang acquisition, down the road a little (Nov 2022).....

SHAMARAN ANNOUNCES SARSANG ACQUISITION PROGRESS
V.SNM | 3 days ago
VANCOUVER, BC, July 12, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the long stop date in the Sarsang Acquisition has been extended until November 12, 2022. ShaMaran has now signed the relevant document relating to the approval by the Kurdistan Regional Government (KRG) of this transaction and ShaMaran looks forward to the signing in due course of the relevant documents by the other parties, including the KRG. ShaMaran will keep the market informed when completion of this transaction occurs. View PDF Version

OTHER
This news release contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on July 12, 2022 at 5:30 p.m. Eastern Time. Arctic Securities AS (Swedish branch) is the Company's Certified Adviser on Nasdaq First North Growth Market (Sweden) +46 844 68 61 00, certifiedadviser@arctic.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENT
This news release contains a "forward-looking statement" (within the meaning of applicable securities laws). Such statement relates to future events, including events relating to the completion of the Sarsang Acquisition. Actual results may differ materially from those expressed or implied by forward-looking statements. This forward-looking statement speaks only as of the date of this news release. ShaMaran does not intend, and does not assume any obligation, to update this forward-looking statement, except as required by applicable securities laws

ABOUT SHAMARAN
ShaMaran is a Kurdistan focused oil development and exploration company which holds a 27.6% interest, through its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block and as announced in the Company's news release of July 12, 2021 upon successful closing of the acquisition from a TotalEnergies' affiliate will then also hold an 18% interest through its then wholly-owned subsidiary TEPKRI Sarsang A/S in the Sarsang Block.

ShaMaran is a Canadian oil and gas company listed on the TSX Venture Exchange and the Nasdaq First North Growth Market (Sweden) under the symbol "SNM" and is part of the "Lundin Group of Companies".

https://stockhouse.com/news/press-releases/2022/07/12/shamaran-announces-sarsang-acquisition-progress

This standard , annual ordinary dividend has landed in II account :)

Piece of oil is never in £ sterling, it is in dollar denominations , hence why the slide of the pound will compound fuel elements of inflation.

Rather than concern for the actual number associated with this payment, I wonder why it is 2 weeks early?

Coincide this with the bond repayment time frame and two dividends in the same month....

BB on filter I think, I don't see any post to which you refer

" It was put before the Paris-based court some years ago."

Once again, no link and I read the above passage to mean it was not current. The most recent flow of information was the Iraqi supreme Court comment and that is / was more recent & relevant.

But you are of course correct, I know nothing, like the rest of you .
Gl and enjoy ??

The supreme Court is a null and void entity and has not been created in line with their own constitution rules so other than bluster and sabre rattling it has no basis on any law in any duristiction whatsoever . If it did then the DNO and Genel shard price would have tanked following their comments

Whilst some GKP focused chat has broken out, has anyone got thoughts on the appointment of a new NED,?

https://polaris.brighterir.com/public/gulf_keystone_petroleum/news/rns/story/x5g9o2w

https://uk.yahoo.com/news/chancellor-nadhim-zahawi-tax-affairs-172338342.html

tip of the iceberg one thinks

Addax and ShaMaran

Not sure I fully follow your question, but I will repost my thought I put on the GENL board:, note GENL were named as one of 4 companies where Baghdad have now declared their contract void
https://www.qcintel.com/article/baghdad-court-declares-four-krg-oil-contracts-void-service-firms-exit-ior-7052.html

All is just geopolitics, Iran using their influence and leverage in Baghdad to pressure KRG, as the KRG are more "western friendly".
The only issue is if Iraq impose a ban on all oil flowing from KRG region (enforceable or not) it creates tension which is not welcome by anyone and would cause jitters in the markets. We lived through so much, I just hope it doesn't get silly and out of hand.

All is just geopolitics, Iran using their influence and leverage in Baghdad to pressure KRG, as the KRG are more "western friendly".
The only issue is if Iraq impose a ban on all oil flowing from KRG region (enforceable or not) it creates tension which is not welcome by anyone and would cause jitters in the markets. We lived through so much, I just hope it doesn't get silly and out of hand.

so many gaps in information and continuity of details, as a man of science I find this most frustrating.