Member Info for Itsaponzi

https://www.rudaw.net/english/kurdistan/020520231
Only 2 weeks away this can will be will be kicked into 2024 at this rate .
Excuse after Excuse I know a lot of pockets need lining before ant oil gets flowing .
If and when what is the damage to the oil Wells?? Full production will take months when it's resumed.
Gkp capex reduction this year will be at least $100m.
At one year lost in the life of a shareholder in gkp now.
But hopefully for the greater good with moving forward ???

On 2 May 2023, Ümit Tolga Bilgin notified the Company that on 27 April 2023, Bilgin Grup Dogalgaz A.S. purchased 300,000 Ordinary Shares in Genel Energy plc at a price of £1.0867 per share, and on 28 April 2023 Bilgin Grup Dogalgaz A.S. purchased 100,000 Ordinary shares in Genel Energy plc at a price of £1.0950 per share.
Either stupid or in the know and very clever ??

I'm thinking now this pipeline will be closed for months now !!
No resolution to anything just outlets saying opening in a few days which seems to be lies .
Technical issues my @rse.
All delaying tactics to make kurdistan go totally skint now.
I live in hope still !!

Someone explain to me why is Dno and Genel up.!!
I suppose they will have to update the Market and will.get hammered down like GKP.
how much is Genel and Dno owed or have they been payed before Gkp ??.

Dno unchanged and they're owed lots more and producing double !!
Very strange??

They're ready for pipeline opening and said they can ramp up to full production!!
It will open so now just a waiting game...

Nothing we didn't know I suppose!!
Get this Pipeline open ASAP .
Oil price is on a downward spiral as well

Lots of news articles saying oil resuming in a few days !!
Cry wolf enough times and it will eventually happen.
Resuming oil is the first hurdle then the fun and games really start.
1. Oil Contacts PSC.
2. Next Payment
3. Receivables
4. Any more Dividends
5. Capex spend reduction
6. Production forecast for 2023.
7. SOMO tariffs

The history of gkp going forward will be all revealed soon enough 50p or £10 ??
I hoping gkp get a partner with deep pockets !!
Good luck to holders because with all the crap that's happened over the years they surely deserve their payday .

https://www.kurdistan24.net/en/story/31284-Kurdistan-Region-to-host-CONIFA-World-Cup-2024.
Where is the money coming from to fund this with the huge debts occurring month on month.

I see Erbil has been on holiday!!
I suppose they're enjoying their time of while everything around them is going down the toilet.
Still no RNS what the hell is going on ?? All we are getting is people guessing the outcome when accually know one knows diddly squat .

The market has never priced in any receivables and why would they !!
I think we all know them owed moneys are just brucey bonuses when they turn up periodically.

With kurdistan looking for international companies to invest billions for the future will the KRG hang out all oil companies to dry !!
If they do I think investment will cease to exist forever in the region.
In every business deals everyone has to happy with the terms.
Iraq /kurdistan/ Turkey and all the oil companies have to be happy before any oil resumes back down the pipe.
Hopefully common sense prevail ??

How many oil companies in kurdistan???
They will all be singing from the same hymn sheet I'm sure.
Obviously the contracts with krg need to be honoured with ICG .
Will SOMO be on better terms as far as oilys getting payed on a regular basis I reckon so.
What are the KRG ambitions woth oil production over next 3 to 5 years??
Even when oil starts flowing again it will take a few weeks or months to get the Wells up to full speed.
At least all maintenance work would have been carried while crap is getting sorted out.
For better or worse who knows but oil companies will want their money .
Seriously though are the krg going to kick out all oilys out of kurdistan because if one goes they all go .
Hopefully some positive news next week red or black now ??
.

PM Masrour Barzani on Wednesday attended a football match between Erbil and Duhok at the Franso Hariri Football Stadium in Erbil.
Doesn't he have more important issues to sort out like save his economy.
Obviously happy to be losing $45m a day in lost oil production revenues..
You couldn't make it up

Personally I hope they don't but just can't see it not happening???
Who knows !!

Because they don't have the cash to get to 150kbopd!!
IRAQ will want kurdistans production to get to 1mbopd in the next 5 years .
Most gkp will achieve in the next 18 months is 85kbopd

Trucking and emptying the storage would of been happening!! How many barrels of oil does a truck hold ???
Can GKP pipeline to the Ceyhan line be redirected??
I'm sure all the questions will be answered shortly.
Still holding and hoping what has happened will be a positive turning point for all kurdistan oilys and 100% transparency.
We all know this couldn't stay the way it was and drastic action was taken to resolve all matters.
GKP will be sold in 18 months that's a given now but for how much is anyone guess ??

60s incoming !! I said stay way clear of this untill 2025 .
Worth a punt at 40p.
Debt will increase further this year and probably into 2024.
They were going so well now a complete car crash .

Iraq contracts are service contracts only on $ 2.5 a barrel !
Kurdistan contracts are night and day to that .
Kurdistan oilys will never agree to them terms so why even mention such nonsense..

All 3 want to be singing from the same hyme sheet !!
Total transparency is paramount now.
This can only be good for kurdistan Iraq and Turkey going forward as everyone is a winner.
The skull duggery ends now .
GKP will not see full potential as it will be sold in 18 months or less . For what value that's anyone's guess .
I will go for £5 absolute max ???