Member Info for Invstrat

Answer SS: A lot. But this play is neither being managed nor marketted correctly/professionally it would appear.

That would kick us off at a realistic �40/share, by my reckoning.

Onshore Oilfield for sale. Believed to contain upwards of 13BILLION bbls - extremely low lifting costs, centrally located to supply East and West markets, close proximity to export pipelines, geopolitically stabilised area under USA protection, trustworthy landlord keen to do deal, favourable new licensing contract pending signature. A transparent and ongoing concern - just needs proactive management to reap your company massive returns. Bids start at $1/bbl.

That appears to be how the market sees us. Oil is worth nothing. Please explain how you accomplished this Jon ?

....and these facts remain SS - until substantiated by either making us all deliriously rich, or someone gets banged up for a very long diet of porridge for telling us all monsterous porkies. Either way - be sure that bonuses will be given priority.

Dilligent analysis Lemm., but GKP's SP appears independent of POO, and you havce to factor in that we are saddled with a sterile BoD whom one assumes can only be spending their live long days drooling through well-thumbed Aston Martin and 'Bijoux Farmhouses for you in the Algarve' brochures. Can't wait to put them on-the-spot at our next Shareholders Open Meeting (as if). Btw - has Hawarami surfaced anywhere yet ?

JF talking us down as usual: (sinister approach for an overpaid, phantom of an MD, isn't it)? Gulf Keystone Petroleum Limited (LON:GKP) has given lower production guidance for 2018, set in a range of 27,000 to 32,000 barrels of crude per day, as it continues to work on a delayed investment plan for the year. The investment plan, which would be subject to certain commercial matters, is expected to include the installation of equipment that would be needed for the company to maintain higher levels of production. READ: Kurdistan oil firms confirm latest payments for crude sales In today�s statement, the company said the investment plan remains under review. �Following a further year of strong operational delivery where production guidance has been met, the company is now focused on achieving the commercial framework to significantly increase investment in Kurdistan to step up gross production to 55,000 bopd in the near to medium term, a material step towards development of the full potential of the field and production around ca.100,000 bopd,� said J�n Ferrier, Gulf Keystone chief executive. �We are very pleased with the progress made to date on the commercial and operational matters to implement this and look forward to concluding commercial matters in the near future.� READ: Gulf Keystone appoints Jaap Huijskes as non-executive director At the same time, it revealed that Keith Lough has decided to step down from his position as chairman and also chief strategy officer Nadhim Zahawi left the company in December. In 2017, Gulf Keystone produced 35,298 barrels of oil per day, which was in the middle of last year�s guidance of 32,000 to 38,000 bopd.

If they were actually performing some useful duties for us, I'm sure they would be proudt to report their progress. Since they don't we can only assume that they aren't ! How can we get some news out of our own company guys ? Is their any legal mechanism which allows shareholders to handle a BoD which can't/won't communicate with their backers ??

Worth Billions ? Oil appears to be worthless. Lackluster BoD invisible and apparently non-productive. No forward plans being executed or completed to grow the business. Capital left rotting in the bank. Even the decay in production isn't happening as predicted ! Could we request/hire/beg someone from within the company (or from an outside independent source) stand up and tell us where our investment has been/is being frittered away to a worthless hulk due to mis-management, lack of direction, stealth tactics and inactivity ?

sells out at a loss to drive us down continually ?

Very droll hi'70. At least we'll get 10% for the �80M wellhead jewelry in the pending fire sale (DNO's proactive management team are looking to expand, so we have a ready made buyer right next door). The rumoured oil under Shaikan is worth diddly-squat then (but the market has already priced that in). This is becoming creepier by the day........

Today's payment equates to 13p per share and we zoom up 1p. Something doesn't gel around here.

Could always ask Jon to clarify (as if). Wonder where/when he intends to deploy our swelling capital resources ?

Hmmmm - best no to dig too deeply around this lot, or the number cruncher kids may loose some appendages. If I recall correcly - trucking has been the great wheeze for them - things go amiss twixt loading station and pipeline terminal. I remember the Kurd trucker who reported in astonishment that some of his mates turned off from the convoy and hung a left into the desert ? Jon & Sami must know EXACTLY what we produced per well, per day. Maybe they owe us our own reconcilliation to confirm Deloitte's figures ?

Found nought amiss with the Kurd MNR oil sales for 1&2Q 2017. http://www.rudaw.net/english/business/16012018 Probably they didn't dig deep enough, as any monkey business would have been downstream of the monies arriving into the region's bank account ?

Shouldn't presume to offer you advice on how to run our business Jon (we already pay you and yer mates through the nose for their patent inactivity regarding that after all) - but perhaps you should be deploying our cash (which is said to be languishing in some obscure bank account, perhaps it is earmarked for staff bonuses time) to pay off remainder of our hideously expensive long term debt, invest it in production enhancement equipment, drill a few wells, put it on red in Monaco, buy Genel ...... whatever, but for pity's sake DO SOMETHING consistent with running a struggling oil company with it. BTW - Whatever happened to Hawarami ? Perhaps you should seek wise counsel from him, or his mate (our ex strategist). Get a Grip Jon.

Some sort of progress report from our stealthy leader ? I for one am getting very frustrated at having to guess what our company's BoD and management teams are actually DOING for us. C'mon Jon - get off your high horse and inform your sponsors what is happening/being planned/progressing...

I'm beginning to think that a Sale only depends on what's in it for JF and his mates. I continue to wonder what they do all day - must be frustrating awaiting their Golden Goose to lay ? Any word leaking out of them placing orders for production enhancing equipment ?

No merger until the BoD have revamped their sell-out self-award system (which I think expired end Dec17 ?) That will be the first credible clue that something is in the wind.

Oh yeh ? I thought it was heading for a DNO buyout of us all ;)