Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Oh god!... give it a rest...we r not Afren FACT.... we are a producing company, being paid albeit based on low POO.... yes we r owed money which backs up our bank balance of 140m....yes we av debt of 100m which payments r not due until 2023 . The scaremongering here is quite funny, just shows the levels that these people and the companies they represent will go to. Read the RNS and make ur own opinions.. not these individuals on a dodgy BB!..... we have a world class asset FACT.... thats why there r so many of these so called experts!!!.. lol.... i av no doubt they will attack, bit of course thats their job!.. gla genuine holders
ccc... Well to some parts i agree with ur summary of wot has happened... GKP has been a MASSIVE FLOP!!.. nobody can argue that. With regards to the oip... well that is still a mystery. After ryder scott and erce... nothing has officially changed imo. We are still waiting!!!... when ferrier said back in 2018 that the new fdp and CPR would be clarified but never happened, and then MOL said that a new higher reserves was coming in their dec statement ...and then nothing!! Well it just stinks of behind the scenes corruption!!!.. now the CFO left and the CEO has jumped ship it makes u wonder?..... but we still have not any downside on reserve estimates... and in theory had Covid not happenrd the we should av been at 55k bopd around now. I await the new CEO and see how he/she is gonna push us forward....11 years since discovery and very little achievement.... just hope change is coming!!
The average oil price in Dec 2015 was $38, production in Dec 2015 was approx. 37k bopd and we got paid $12m net
Andypa... problem with ur calculation is that we were running approx 90 day payment so Jans payment would not av been for Dec but probably Sept/ Oct?.... so not sure wot the POO was then. But as we all know the MNR seem to do wot they like and we just bend over and say thanku!!.. just glad that waste of space ferrier is going!!
PUTUP OR SHUT UP
OMFG.... had to shout as ur name implies!... wot the fook r u on?..... a div is net net conversion... u get cash back but ur investment drops by that amount altho retaining the same amount of shares,but hopefully goes higher in the future.. did that happen?... NO!!!... As for buybacks, these only help shareholders if they r cancelled and the amount of shares in issue drop so in theory the smaller amont is worth more?... did that happen NO!.... and now ferrier has jumped ship!!!... taken his money n run, the lying failure, awarded for wot!!!..... SP 90P ish.... PUTUP...JUST SHUT UP!!!.... plum!!
'Roughly 2/3rds of the company is owned by 10 shareholders. The company is about to start mopping up 30% of the balance. I'd then vote for another 10% of shares in issue to be mopped up. Key shareholders are adding to their positions. Time for the "London cabbies" to go home'
Omfg.... i cannot believe ur ignorance or is it blatant stupidity!!!.... suggest u do a bit more research sonny!!.... could u provide evidence of all of the above...putup or shutup... sp says it all after 11 years since discovery!...
SS... the average journalist wouldn't understand the dilution and consolidation that gkp went thru.... they just look at the sp chart imo..... doesn't detract from the reality of this pi55 poor ceo and management who av lied and misled the market and missed every target they set....ither than their awards!!!... and now its game up.. they will b replaced by year end imo... and good riddance!.... ferrier way out of his depth!!
Another article about the dissent of shareholders with ferrier and co!!!!.... sack him now!
Market report: Eyes on Gulf Keystone after rocky AGM
SIMON ENGLISH 12 minutes ago
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The Evening Standard
Boost for Barclays from Jefferies note. ( )
OIL watchers were keeping a close eye on Gulf Keystone Petroleum today after a lively annual general meeting last Friday, the fallout from which some in the market feel has not been entirely digested.
A recap: Operational news was disappointing with production levels lower than hopped and there is ongoing concern about a missing payment from the government of Kurdistan over oil delivered earlier this year.
GKP is a sometime darling of the stock market, one of those shares favoured by London cabbies who like a punt (that’s both a recommendation and a wealth warning).
The stock was steady today at 97p which values the company at £204 million. For context, the shares are down from more than 4000p five years ago, but then oil discovery is a tricky business.
At the AGM, results from which were released late on Friday, investors expressed concern about the pay of the board given recent poor performance. There was a 29% protest vote against both CEO Jón Ferrier and chairman Jaap Huijskes.
Developing, as they say…
Seriously, u think 9.7mbopd reduction is gonna b affective?... and thats just for 2 months then it tapers down!... theres NO demand at present due to lock downs!... POO imo is heading back to retest lows imo... until lockdowns finish and virus is under control and the world opens up again, i dont c POO going anywhere!. And if the kurds av to cut thats another issue, plus payment issues. Its just been one thing after another... mayb by the end of Q3 we might see some upward POO movement, but only to 40-45 $ by year end mayb?..... another year of waiting!!...aimo of course
Baby is bleating again didums
BLESS
Lol... dear lord...bleating?? No mikey its u im afraid, accept u were wrong again!... u state everything as matter of fact... but clearly ur facts r up the swani!!...at least b a man and admit u got it wrong.... but no u wont will u!... u could always blame value seeker on 3 lies .... but then again that would be telling urself off!!... muppet!
Oh and while im at it.. i c oilcan now accepts that the 55k bopd will b met.... is that the 55k bopd that his other bum chum lapdog has been yapping on about 4 months that it will never happen..... yeah there u go, i rest my case ur honour ...lying frauds the lot of em.!!
Ah old broadfraud at it again lol.... could you show me the rns of this recent disappointing SH9 result pls?..... is that the SH9 well that is by all accounts according to ur bum buddy oilcan a failure if put on line as a producer?... is that the well that is being drilled to ASSESS the gas re injection possibilities and be included in a new FDP.... the one that was changed a year ago yet oilcan in his stupidity believes that its been ripped up and started again!... pmsl... never let tge truth get in the way of a good story ah broadfraud.... add a bit of tinsel as well while ur there.... utterly laughable and more desperate....keep tryin!