Member Info for Bantercity

Surely with Dana back online, Dno back pumping since April 9th and a ceasefire now for weeks it would be total madness to not be pumping at these oil prices?

Why wouldn't they sell when they are dished out more like smarties anyway

Theres alot of reports of Castrol(Uk company)being hit in Erbil on April 1st. I dont see anything indicating an attack on gkp.

Presentation indicates a -20 dollar brent discount compared to the historic -27. Also we should soon be back pumping 44k bopd almost a 10% increase on current bopd. Once the report is finished with woods mcKenzie and it is revealed what we will be paid monthly it looks likely that GKP will be back to its cash cow days.

Iraq reportedly looking to agree something similar to their agreement with crescent oil. Anybody know how this agreement looks?

Does anybody have an idea how the currently touted terms would compare to our previous terms under the PSC?

If that's passed surely it would finally make GKP the massive takeover target it has often promised to be. And for a much inflated price compared to today :)

If my memory serves me correct before the pipeline was open and we were trucking we were using a company, Petrotrans? that was owned by one of Erdogans sons or a close relative. I wonder are they involved again. Selling locally will just be filling the pockets of the local gangsters who buy it from us cheap then sell it on for a huge mark up. I would love to see the pipeline open up soon but keeping it this way probably helps the locals siphon more money for themselves.

Well if Somo were actually in charge of payments we may actually get..... regular payments. Also I would expect the kbt discount to improve or even disappear, no? These could be massively beneficial for Gkp

I have my suspicions that these payment delays are due to the ongoing "discussions" over switching from Brent to KBT as a price per barrell. Has anybody weighed up the pros and cons to this change?

With SH-17 currently being tied in and SH-18 spudded and expected online in the coming months could the much heralded 55k bopd be on the horizon in H1.

Yeah, I read this earlier. I would say its highly likely that the US is now taking heed of its reduction of influence in Iraq and Russias foothold that it has been slowly building for the last few years. So now the US are "encouraging" Baghdad to take more control of Kurdistan in order to screw with Russia.

I would love a positive update on the most recent drilling on ex dividend day please, as well as commencement of a share buyback. Too much to ask?

I wouldnt read to much into Turdmans report. The guy is generally wrong so I would wait on the company RNS in this case rather than a grown main on an internet forum claiming to have a "goatcam".

I would love this to be true but what is the source? RNS expected today?

The special dividend is due in about a months time. It has a different ex dividend and payment date than the first.

It paid a dividend in 2019 and could very well restart the dividend program this year.

It has not be confirmed with an RNS. But if you go to the company website and the shareholder analysis you will see the current numbers there as of November 2. There are 1million shares held in treasury and the rest seem to have been cancelled.

The treasury shares have been cancelled. New circulation is around 210 million.

If you look at the US oil production forecasts for 2021 oil production is due to fall off a cliff by mid 2021. The highs of around 13 million are around 10.5 million bopd now. And could possibly drop to between 6-8million by mid 2021. If this is the case 2021 should be a good year for oil and GKP. Lets see....