Member Info for BondSan

Well if the rumour is true that a much higher offer of £22 was made , then that would have valued my stake in 2012 before CGT at £1,760,000 . Adjusted for inflation Thats £2,480,000.

The rumoured £22 is in reference to which company ?

It’s only Been a week ….thought PG said no intermittent pointless RNs’s as drill progressed

Enquests decommissioning expertise probably a factor in dividing up the shares . I had actually wondered would they go for a deal with Jadestone or Pharos given that ENQ have shifted focus to Asia ( Vietnam )

“Prd are not a one trick pony. They have other prospects too. The mou 3 gas can be sold in cng mkt.”

Gas Potential aside and it’s proximity to existing infrastructure, The competent persons report of a few yrs ago also refers to potential for oil in an exploration well log interpretation & an area of oil seeps around the TAF X1 Well (drilled by Phillips - now Conoco Phillips ) , in 1979 , some 20 km east of the Guercif prospect . Something for another day perhaps but interesting nonetheless.

“Probably nothing, but I've filtered you bondsan, despite you not showing any 'apparent knowledge' yet. I assume it's coming.”

Can anyone translate that to English please ?

Insane Marxist overreach led to this . Companies with large operations and debts require profits to operate. Taxing critical energy companies out of business .

Buy Trades (?), reported for 3.999 pence , when bid ask 3.90 to 4.0 pence

Why 3 decimals at 3.999 instead of 4p ?

I only have a very small amount here at 4.5p so not much affected by today’s drop. But for those who wish for some lower entry point that may or may not arise… by all means but do so in silence & don’t be a spiv and chip away at existing shareholders confidence trying to get them to sell. Have some honour ffs .

Indications of gas should come relatively early in the drill and apart from wishing oversee things on the ground and react accordingly , If he does hit gas I’d expect he’d like to be present for it. Why would that be so difficult to understand? Shame about today’s price reaction. Hard to comprehend but I guess even 4.5p isn’t low enough for the lowest of the low

If I was an investor in a potential 5tcf drill I’d have no problems with the CEO being on site. I guess being a troll, you’re not acquainted with the concept of work ( your hard hat comment ).

Just bought a small amount at 4.5p. Would like to have more capital to invest but my other stocks are underperforming. Good luck to LTHs for the drill and hope there’ll be no bad actors if you hit big gas. Market needs some exploration excitement

Using a conservative figure of 21,000 bopd ( 2025 upper guidance is 22,500 /day ) , and a simplified view of production , then standing still so to speak with no unforeseen incidents or downtime , the 1 P reserves of 48 million barrels can be produced at this daily rate for 6.6 years . The 2 P reserves of 68 million barrels can be produced at this daily rate for 8.8 years .

Reserves life very long , Skua well expected to add 3,500 bopd , 2025 production guidance bit less than expected. Not a huge amount to get excited about in exploration terms but an Aquisition may come out of left field with the Total guy on board. SP and chart formation suggests slow and steady upside to me . Dyor

I’d actually wondered last week would Hunting make a play for this …keep it in country and all that ?

Likewise, was about to buy some last week around 22 - 24p and bottled it . SP Might jump again tomo when those who missed todays news catch up so took a small beer money punt

Looking good so far , wish I’d had more $ to put in at 26p but committed to buys in other stocks for many years .

Https://www.proactiveinvestors.co.uk/companies/news/8539/gulf-keystone-non-exec-buys-2-million-shares-amid-encouraging-reports-from-shaikan-oil-and-gas-project-10755.html

Apologies, it was 94 pence in pre consolidation nominal share price . The best part of 2 million quid . That was some indicator Of confidence at the time , when the share price had already had a big rerate . Prior to Shaikan discovery in August 2009 , share price was 13p , it jumped 117% on the day at one point and settled at 17p , before beginning its run in earnest. I remember thinking that day , this is the most exciting Rns of my investing life

“As for the early GKP shareholders being shafted , well yes , I can relate . Unless appropriate recompense is made at some point , I will have to retain that view”

I should clarify - shafted by very complicated geopolitical and financial circumstances . There’s No assertion that any individual GKP director past or present was personally responsible for shareholders losses . The company was owed money which wasn’t paid

As for the early GKP shareholders being shafted , well yes , I can relate . Unless appropriate recompense is made at some point , I will have to retain that view