Member Info for everhopeful

What the EU not panicking !

https://www.breitbart.com/europe/2020/10/15/watch-french-fishermen-fire-flares-frying-pans-british-boats/

You wanted to know the new names of the relinquished blocks about 6 months ago. I had lost the link about it , it has disappeared. Here is something about it

beernut - 19 Aug 2018 - 09:10:55 - 570252 of 613541 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
Some tweets from Allan Mohtadi from April show Rosneft surrounding us.

1)Thread on #Rosneft blocks in #Kurdistan Since it’s public now, I can confirm it too: These are the blocks: Batil, Darato, Qasrok, Zawita and Harir-Bejil. Darato is close to Barda Rash, Qasrok is near Simrut (Ain Sifni block) Zamita is field preciously called Behr-Bahr
6:57 pm · 4 Apr 2018
2
Retweets
6
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Alan Mohtadi 🛢
Alan Mohtadi
@tawaksham
·
4 Apr
Replying to @tawaksham
Batil is the field previously named central Duhok and Harir is Marathon oil now relinquished field. On this map released by MNR in December 2016 they should be block 9, 10,11 and 13. In block 9 also lies Sheik Adi (link: hxxp://interfaxenergy.com/uploads/media/ngd/14810317690193.jpg) interfaxenergy.com/uploads/media/… #OOTT

Wisdom requires you to see the obvious. For PI's ( grumpy LTHs ) the most emotive obvious is the SP , but what about the rest?

News on ADVFN that Bob has passed on , terrible shame another one hasn't made it to the end of the GKP story . He was 67 . He was a terrific poster who was here to help fellow LTHs.

Here you are Victor

https://www.dropbox.com/s/5fu4ajb81ca0bds/ryder-scott-kurdistan-study-results.pdf?dl=0

https://www.dropbox.com/s/lf42lrvvkvkc29m/dga-final-discovery-report-january-2010.pdf?dl=0

But back to GKP - the big picture in terms of regional aquifer is now being postulated as far as Akri Bijeel. So we now have data points left (JK) and right (AB) of Shaikan that supports Shaikan's Jurassic OWC. When/if the OWC is proven to apply in Shaikan - the OIP will immediately approach the P1 figure. Now of course, it can only be proven for sure, when pressure data from both the oil and water legs are measured in the same well - i.e. the well would need to actually penetrate the OWC. Shaikan-2 will tell us more. But, MAYBE, Hunt's Simrit well has already answered the question. It is certainly located at about the right place to do this.

Do you think Todd got the wells (Simrit and AB) mixed up when he told us about the implications of the water pressure data?
I bet he knows the results from Simrit-1 in any case - and so he may also already know that Shaikan is filled to spill. Now that could tempt an early bid...

BBBS

2. As previously posted around six months ago, a reliable source within DNO told me that their current thinking at that time was that Summail shares the same structure with Shaikan.

3. The Tawke Field currently comprises an 'upper' and 'lower' reservoir. The 'upper' reservoir is in the Tertiary, the 'lower' in the Cretaceous, (refer page 13 in the DNO presentation referenced above). More than a dozen wells have been drilled in Tawke, but to my knowledge, not one has probed deeper into the Jurassic (let alone the Triassic and Permian). Why not? Have DNO been instructed NOT to probe deeper?

4. The adjoining "open" block has multiple holes that seem to have been drilled systematically over the main anticline in the original Dihok PSA (Dihok Central) - refer page 7: hxxp://hugin.info/36/R/1206020/247974.pdf
What else do they know about this block? Why is it still "open"? Or is this prime plot merely reserved?

I think the big picture is important. I think Galbraith and co were well advised when they chose what they chose as "first mover" in Kurdistan. I think Adnan Samarrai was aware of the big picture too - why else would he conceivably link Shaikan with Jebel Kand some 26 km away? And if GKP knows about these things - I'm sure that RAK (and backers) do too. I don't think RAK are interested in DNO just for present-day Tawke ...

1
The total volumes above include bot
h discovered and undiscovered PIIP.
2
Unrisked volumes could represent a theoretical maximu
m if all the inherent geological risk were removed
http://www.gulfkeystone.com/media/32073/ryder-scott-kurdistan-study-results.pdf

Before he rode Trigger off into the clear Blue Sky BBBS would write posts that indicated the
real graspable facts.The assets dummies.
In the vein of Dalesman's 'blue sky' (conservative imo!) calculations earlier today, and triggering off some of the superb insight in Zengas' post, I'd like to add some further comments as follows:

I think Akri Bijeel is only missing on pages 15 - 20 of the GKP 4th May 2010 presenation because it really is in a separate structure. But there are some other things missing - because their mapped structure clearly does not terminate at the boundaries of SH, SA and BB:

- The structure continues north-west of BB into the 'open' block, and quite possibly all the way up to (and including?) Tawke.

- The structure continues south-west of BB - into DNO's Summail prospect.

- The structure continues south of SA (& west of Shaikan) into Al Qush.

- The structure continues south-east of Al Qush (& south of Shaikan) into Hunt's Simrit-1 well area. (Refer page 12 in the November Presentation where GKP first revealed "structural style" extending into SA - but also into Hunt's Ain Sifni block!)

I think the enormity of the structure is best summarised by looking at the size and shape of the original DNO Dihok PSA, see page 11:
hxxp://hugin.info/36/R/1177042/233783.pdf
At first sight, the shape of the original Dihok PSA looks weird - but the satellite image shows that the block boundaries were deliberately drawn to encompass one monster NW-SE trending topographical feature. Note that the original Dihok PSA area corresponds to the present-day blocks of Tawke + "open" block + BB + SA + Duhok (DNO's Summail) + Al Qush, refer:
hxxp://www.shamaranpetroleum.com/i/pdf/Kurdistan_Oil_Gas_Activity.pdf

Could DNO's original Dihok PSA area be one monstrous structure? IMO, it is definitely possible because:

1. The maps on pages 15 - 20 of the GKP 4th May 2010 presenation are only for the Top Jurassic. The deeper Triassic and Permian horizons would occupy a much larger area below - because they are deeper within the overall anticline geometry.

2. As previously posted around six months ago,

I have the PDFs I might upload them to a cloud one day.

I got an Email Rumour is" Edison is calling PIs to feel out a lowball price"

HORSE****
Want realistic professional stuff? It ain't on the boards these days.
Evaluation of Shaikan No. 1 Discovery for Gulf Keystone January 2010
09-DGA400-03-08 Copyright © 20
10 All rights reserved. 38
VI. CONCLUSIONS
The Shaikan 1-B well discovered a significant amount of oil and gas in the Cretaceous, Jurassic,
and Triassic Formations. We estimate the oil resources to be between 1.9 BBO (P
90
) and 7.4
BBO (P
10
) with a mean value of 4.2 BBO. Gas resources range from 0.4 TCF (P
90
) to 1.5 TCF
(P
10
) with a mean value of 0.8 TCF. The high side (P
1
) resources are estimated at ~13 BBO and
2.7 TCF. No free water level has been encountered in the well through the TD of 2,950 m MD.
Seismic data shows even deeper closures below the Lower Kurra Chine Formation that are
prospective. Potential additional resources from these deeper formations are estimated at 1 to 5
BBO and 6 to 14 TCF.
The greatest uncertainty for these resource estimates is the areal extent of the reservoirs and the
estimates of net pay. A second well drilled on the east side of the structure and additional data
will significantly reduce these uncertainties.
This discovery greatly reduces the geologic risks in
the Sheikh Adi, Akri Bijeel and the Ber Bahr
blocks, Gulf Keystone’s adjacent opportunities. The Shaikan discovery proves the presence of
hydrocarbon source and migration in the area
Source? http://www.gulfkeystone.com/media/32080/dga-final-discovery-report-january-2010.pdf

Hey here is more
Gulf Keystone Petroleum Ltd
January 11, 2011
Page 2
RYDER SCOTT COMPANY PETROLEUM CONSULTANTS
The results of this study are summarized below. We have provided three estimates for gross
total, discovered and undiscovered PIIP: a low estimate, a best estimate, and a high estimate, which
correspond to probabilities of P90, P50, and P10, respectively. Unrisked volumes could represent a
theoretical maximum if all the inherent geological
risk were removed. As the geological model,
reservoir continuity and other associated factors
are defined and established, risk can be mitigated and
confidence limits applied.
Total
1
Petroleum-Initially-In-Place - Oil (bbls)
Gross (8/8ths) Volumes Excluding Risk
2
Estimated for the Shaikan License Block
Kurdistan, Iraq
As of November 30, 2010
Reservoir Mean
Low
Estimate
Best
Estimate
High
Estimate
Sarmord
596,727,146 201,257,948
484,415,816 1,143,686,892
Sargelu
1,505,108,286 791,477,007 1,
393,694,137 2,359,285,580
Mus
565,598,234 168,009,188
422,422,576 1,140,329,471
Butmah
1,098,602,864 278,675,271
770,046,814 2,320,214,040
Upper Kurra Chine A
92,374,067 30,119,977 71,703,144 181,249,707
Upper Kurra Chine B
146,143,007 43,203,337 111,187,074 293,432,507
Upper Kurra Chine C
38,738,596 9,301,398 28,086,588 81,332,615
Grand Total
4,043,292

Support at 0.75 , if that goes rising trend line should stop a fall at about 0.65 , I would put a buy order in there if I wanted any more of these very disappointing shares.
https://www.tradingview.com/x/BBb3XqRi/

Equipoise is a Co that Hawrami founded ( you probably know this ) , it imo didn't suit the KRG to have GKP valued properly. We might get to understand what went on when it's over , maybe not?

1waving10 Sep '20 - 10:13 - 611995 of 611995
0 1 0
NEW FRACTURE STUDY.

Dynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation

Neil Price, Paul LaPointe, Kevin Parmassar, Chunmei Shi, Phil Diamond, Aleta Finnila and Ole Krogh Jensen
Journal of the Geological Society, 28 August 2020, hxxps://doi.org/10.1144/jgs2019-137

hTTps://jgs.lyellcollection.org/content/early/2020/08/19/jgs2019-137/tab-figures-data

The CPR is a joke ,well highlighted at the time , CPR3 over due , whats the odds of a sensible one appearing once HCL is done? very good I'd guess , GKP's PSC legitimised by Baghdad and a proper CPR with set out the shop window.

Goes back to Maliki saying 11% and the Kurds saying 17%. Things have moved on since then , there was the referendum too.

https://gov.krd/english/news-and-announcements/posts/2020/july/krg-s-reform-programme-continues-government-s-operational-expenditure-system-goes-digital/

Provexis Fruitflow + Omega 3 30 Capsules
£19.99

--------------------------

Thansk Gixer I will have a look

Not one single solitary trade on LSE today!!!!! Got to laugh.

Paying 25% over the sell price is fine if it's ABOUT TO BLOW , clearly it isn't imo.

https://www.tradingview.com/x/vXn43U68/

Found it myself , I thought you lot were obcessed , clearly not.

Thu, 7th Jan 2016 17:15
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.

Nutrition products company Provexis said two of its board members snapped up a combined total of 4.9 million shares.

Finance Director Ian Ford bought 2.8 million shares at 0.286 pence each on Thursday. The purchase takes his holding to 5 million shares equating to an 0.3% sta

The company also said Chairman Dawson Buck bought 2.1 million shares at 0.65p each on Wednesday. This takes his holding to 15 million shares, or a 0.9% stake.

The stock closed up 27% at 0.343p Thursday, one of the best performers on AIM.

------------------------------------------------------------
So IF shelled out £8 K , not a significant buy IMO.

Will we get an update on the 14/9 ? that missing 35% could be having to become public.

As at 14 August 2020 the Company has 210,370,502 shares in issue. The Company also holds 19,059,064 shares held in treasury.

Ranking Investor Name %
1 Lansdowne Partners 15.47
2 Astaris Capital Management LLP 15.45
3 Hof Hoorneman 8.39
4 Hargreaves Lansdown PLC 4.46
5 UBS Group AG 4.34
6 Interactive Investor Trading 4.00
7 Dimensional Fund Advisors 3.50
8 BrightSphere Investment Group 3.02
9 Precision Capital 2.98
10 Barclays Bank 2.36

£5,400 worth , not really news is it ? When will the management buy more ? IF bought some a while back , how much did he spend ? I forget.

Re Pine bark , ( a cure all ) Pure Turpentine is essential oil of Pine Trees and was used extensively in olden times . Good for Gut ailments I do not jest.