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Again, the 4.9 Bbbls is a P90 Oil In Place, not reserves (which is the column heading in your table).. Presumably you are counting on a lot more oil being found at Shaikan.
Where did you get 10.8 Bbbls for Shaikan?Gulf Keystone used a P10 figure of 10.8 B bbls for Oil In Place at Shaikan in their last relevant RNS. Did you use this figure by mistake or are we due some monster news? lsn
Yay! Agreement...yahoo newsIraq will respect profit-sharing contracts signed by the Kurdistan region with foreign oil firms, ending a longstanding dispute between the two sides, Prime Minister Nuri al-Maliki told AFP Saturday. ...His remarks signal an end to a standoff between Baghdad and Kurdish authorities in Arbil which began after the latter stopped exporting oil in October 2009 in a row over payments."The oil ministry accepted…
A video of John Gerstenlauer's OilBarrel presentation:http://www.presentation-matters.co.uk/web/oilbarrel/webcasts/40th_oilbarrel_conference/40th_oilbarrel_conference_gulf.htmlAlso from iii, an email response to a query about the latest news on the KRG-Baghdad oil talks(post at 13:21 by Arundallio)http://www.iii.co.uk/investment/detail?code=cotn:GKP.L&display=discussion&it=leDear Mr AThere are no immediate implications as far as the Company is concerned and it is business as usual.The contracts that Gulf Keystone has with the Kurdistan Regional Government (KRG) stipulate the terms and conditions and the…
I'm pretty darn certain it is genuine, as in it is from/on behalf of Barmin Salih. However, I reckon you need to insert 'after we first' where the comma is. i.e. it is not a signed deal and negotiations continue.
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