Gulf Keystone Petroleum Live Discussion

MikeyAdmin 21 Feb 2020

Level 2 Without proof, you shouldn’t assume its Capital that’s selling. There are dozens of Entities holding GKP shares that are simply trading GKP, selling into rises and rebuying on the dips who are more likely to have been the sellers Blackrock trade shares they hold and also buy via CFD plus they trade via CFD’s

ValueSeeker8 21 Feb 2020

Level 2 Noticeable in yesterday’s trading on the LSE is a large number of OT sells (according to Shares Magazine) of c.5,000 and 10,000 shares. I think Capital Group was hyper-active yesterday. The following list of OT sells add up to 466,283 shares even though I ignored many smaller sized OT sells as well as other OT sells which I suspected to be buy-back trades: image.png712x580 17.9 KB I am sure AT sells are even more!

MikeyAdmin 21 Feb 2020

Level 2 To enable yesterdays rise which had total Volumes across all Venues of 2,391,022, lots of Sellers sold a lot of Shares to enable Buyers to Buy to raise the SP to its 189.8p high trade. Then after reaching the 189.8p high many Buyers sold taking their Profits which caused the Close @ 185.4p Screencast.com 2020-02-21_0958 Shared from Screencast.com Close . . . . 185.40 Open . . . . 185.00 High . . . . .185.00 . . . 08.00.03 . . UT Low . . . . . 180.56 . . . 09.31.56 . . OT MD Auc . . Full 161,689-----297,605 . . . Note the change in weights tween Wednesday & today 33—49 LSE Vols . . . . 135,924 . . . 98 trades AT trades . . . 53 OT trades . . . 45 . . . 10.11.25 This morning via the Bid Ask weights the DMM’s marked the price down as Brent fell of its high and the FTSE100 also fell of its high Brent Crude . . . $57.76 . (-1.04) . (-1.77%) . . . (15mins delayed) FTSE100 . . . 7,415.52 . (-21.12) . (-0.28%)

MikeyAdmin 21 Feb 2020

Opening Prices FTSE100 . . . 7,436.64 . (-20.38) . (-0.27%) Brent Crude . . . $59.27 . (+0.55) . (+0.94%) GKP . . . 79,925 @ 185.4p . . . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,400.84 . (-35.80) . (-0.48%) Brent Crude . . . $58.20 . (-0.60) . (-1.02%) . . . (15mins delayed) OP . . . 180 @ 185p 15,000 @ 182, 180, 177, & 176p, 5,000 @ 176p, and 2,000 @ 177p = 67,000 500 @ 185p, 20,000 @ 191, 196 & 197p, 15,000 @ 192p, 16,000 @ 199p, 25,000 @ 206p, 40,000 @ 212 & 218p, 7,000 @ 216p and 12,000 @ 249p = 215,500 Book at c. 8.03am 156,769----269,819 31----35 Level to lower today

ValueSeeker8 20 Feb 2020

Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8

MikeyAdmin 20 Feb 2020

Closing Prices Close . . . . 182.60 Open . . . . 183.00 . . . 1st AT at 08.00.11 High . . . . .189.80 . . . 13.22.34 . . . AT Low . . . . . 182.752 . . 08.00.17 . . .OT MD Auc . . 13 @ 187p LSE Vols . . . . 1,551,520 . . 692 trades AT trades . . . 521 . . 75.29% OT trades . . . 171 CP . . . 79,925 @ 185.4p FTSE100 . . . 7,436.64 . (-20.38) . (-0.27%) Brent Crude . . . $59.27 . (+0.55) . (+0.94%) . . . (15mins delayed)

MikeyAdmin 20 Feb 2020

Level 2 Brent Crude . . . $59.04 . (+0.32) . (+0.54%) . . . (15mins delayed) FTSE100 . . . 7,457.75 . (+0.73) . (+0.01%) With lots of fast AT Buying for some reason the Price has hit 189p and past it Close . . . . 182.60 Open . . . . 183.00 . . . 1st AT at 08.00.11 High . . . . .189.80 . . . 13.22.34 . . . AT Low . . . . . 182.752 . . 08.00.17 . . .OT MD Auc . . 13 @ 187p Full 209,168----250,860 46----37 LSE Vols . . . . 718,856 . . 350 trades AT trades . . . 260 OT trades . . . 90 . . . 13.24.37 Spread 187.8----188.6 . . . Mid 188.3p

MikeyAdmin 20 Feb 2020

Level 2 May rise to just below 189p ? ? ? Close . . . . 182.60 Open . . . . 183.00 . . . 1st AT at 08.00.11 High . . . . .188.73715 . . . 09.44.49 . . . AT High . . 188.6p Low . . . . . 182.752 . . . . . 08.00.17 MD Auc . . Full 203,478----281,059 41----47 LSE Vols . . . . 497,307 . . 223 trades AT trades . . . 150 OT trades . . . 73 . . . 11.02.54 Spread 187.4-----187.6 . . . 187.5p

MikeyAdmin 20 Feb 2020

Opening Prices FTSE100 . . . 7,457.02 . (+75.01) . (+1.02%) Brent Crude . . . $58.65 . (+1.14) . (+1.98%) GKP . . . 181,957 @ 182.6p . . (+1.44%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,465.64 . (+8.62) . (+0.12%) Brent Crude . . . $58.90 . (+0.18) . (+0.31%) . (15mins delayed) OP . . . No UT . . . 1st AT . . . 2,597 @ 183p 25,000 @ 182.60p, 2 x 15,000 @ 178p, 15,000 @ 175 & 174p, 2,000 @ 177p and 5,000 @ 176p = 92,000 15,000 @ 189p, 2 x 20,000 @ 195p, 25,000 @ 202p, 40,000 @ 214 & 215p , 7,000 @ 216p and 12,000 @ 249p = 179,000. Book at c. 8.03am 194,125-----256,649 33----40 May rise to just below 189p ? ? ? Screencast.com 2020-02-20_0757 Shared from Screencast.com

ValueSeeker8 19 Feb 2020

Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8

MikeyAdmin 19 Feb 2020

Closing Prices Close . . . . 180.00 Open . . . . 180.40 High . . . . .182.60 . . . 16.00.46 . . AT Low . . . . . 178.80 . . . 08.06.41 . . AT MD Auc . . 2,127 @ 180.6p LSE Vols . . . . . . . 461 trades AT trades . . . 345 . . 74.84% OT trades . . . 116 . . . 16.28.40 CP . . . 181,957 @ 182.6p FTSE100 . . . 7,457.02 . (+75.01) . (+1.02%) Brent Crude . . . $58.65 . (+1.14) . (+1.98%) . . . (15mins delayed)

MikeyAdmin 19 Feb 2020

Todays Buy Back Trade 40,000 @ 180.00 . . . 11.02.15 60,000 @ 180.50 . . . 13.33.22 40,000 @ 181.80 . . . 13.49.30 . . poss not 17,896 @ 181.60 . . . 14.38.57 . . poss not 44,251 @ 181.60 . . . 15,13.49 . . poss not

MikeyAdmin 19 Feb 2020

Todays Buy Back Trade 40,000 @ 180.00 . . . 11.02.15 60,000 @ 180.50 . . . 13.33.22 40,000 @ 181.80 . . . 13.49.30 . . poss not

MikeyAdmin 19 Feb 2020

Level 2 Close . . . . 180.00 Open . . . . 180.40 High . . . . .181.80 . . . 08.00.30 . . AT Low . . . . . 178.80 . . . 08.06.41 . . AT MD Auc . . 2,127 @ 180.6p Full 195,707----287,057 42----49 LSE Vols . . . . 181,865 . . . 128 trades AT trades . . . 77 OT trades . . . 51 . . . 12.47.25 Spread 180.2-----180.6 . . . Mid 180.4p Brent Crude . . . $58.17 . (+0.66) . (+1.15%) . . . (15mins delayed)

ValueSeeker8 19 Feb 2020

Supply Risks From Rosneft to Libya Push Crude Back Toward $60 (Bloomberg) – Oil jumped back above $58 a barrel and was set for the longest run of gains in more than a year as U.S. sanctions on Russia’s largest producer and conflict in Libya shifted the focus to supply threats from virus-driven demand concerns. The U.S. sanctioned a unit of Russia’s Rosneft PJSC for maintaining ties with Venezuela’s president and its state-run oil company, threatening to crimp the nation’s ability to export crude. In Libya, fighters loyal to eastern military commander Khalifa Haftar shelled Tripoli’s port, forcing a halt to shipping and leading to the suspension of cease-fire talks. Oil is extending its longest rally since January 2019 after surging last week on optimism that the worst economic impacts of the deadly coronavirus had been accounted for. Any disruptions to global supply could go some way to offsetting the demand destruction from the outbreak, just as China and other nations in Asia roll out stimulus packages to cushion the blow. Rosneft’s sanctioned unit has been “Venezuela’s primary conduit for brokering cargoes, which find their way predominantly to refineries in India and China,” Stephen Innes, Asia Pacific market strategist at AxiCorp, said in a note. “Throttling this Asian supply channel will provide some support for oil prices.” Brent for April settlement climbed 62 cents, or 1.1%, to $58.37 on the ICE (NYSE:ICE) Futures Europe exchange as of 17 p.m. in Singapore after gaining more than 8% in the past six sessions. West Texas Intermediate for March delivery added 57 cents, or 1.1%, to $52.62. See also: Glencore (LON:GLEN) Enjoyed a ‘Stand Out’ Year in Oil Trading in 2019 Rosneft Trading, the main exporter of Venezuelan crude, was targeted by the U.S. for helping to sell the commodity that bankrolls the regime of President Nicolas Maduro. The sanctions come at a time when markets are waiting for a response from Russia on OPEC+’s proposal to deepen output cuts due to the coronavirus. The sanctions are the toughest in the U.S. Treasury’s arsenal and render Rosneft Trading effectively untouchable to international companies, including shipowners, insurers and banks. Global tanker rates surged after a unit of China’s biggest shipping company were targeted by sanctions in September for violating restrictions on handling and transacting Iranian petroleum. The sanctions against COSCO’s Dalian unit were removed last month. Meanwhile, the latest attack in Libya forced authorities to evacuate tankers carrying gasoline and liquefied petroleum gas before they had unloaded, according to an official from state-run National Oil Corp. The nation’s crude output has dropped to around 123,000 barrels a day from 1.2 million barrels before a blockade of the country’s ports by Haftar’s supporters started in mid-January. “Sanctions will only provide temporary respite, it won’t structurally change the oversupply in the market,” Jeffrey Halley, senior market analyst at OANDA, said by phone from Jakarta. “We have seen the best of the corrective rally. At the end of the day, there is still far too much oil in the world.” Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade (Bloomberg) – U.S. sanctions on Rosneft Trading SA threaten to hit Venezuela’s ability to export oil, choking off the main source of cash for Nicolas Maduro’s regime and potentially threatening supplies to Asia, it’s dominant market. Rosneft Trading, the main exporter of Venezuelan crude, was targeted by the U.S. for helping to sell the commodity that bankrolls Maduro. The Swiss-incorporated unit of Russia’s top oil producer accounted for about half of the Latin American country’s 874,649 barrels a day of exports in January, according to shipping reports and ship-tracking data compiled by Bloomberg. The bulk of deliveries last year went to buyers in India and China. “With sanctions, refiners will be more reluctant to buy Venezuelan oil and shipowners might not be willing to do business with Rosneft Trading,” said Fernando Ferreira, a director of geopolitical risk at Rapidan Energy. Venezuelan oil production may fall to around 600,000 barrels a day by the end of the year, from 850,000 in January, he said. The sanctions imposed on Rosneft Trading – the toughest in the U.S. Treasury’s arsenal – make it effectively untouchable to international companies, including shipowners, insurers and banks. In September, global tanker rates surged after a unit of China’s biggest shipping company were targeted by sanctions for violating restrictions on handling and transacting Iranian petroleum. The sanctions against COSCO’s Dalian unit were removed last month. “Good luck getting shipping insurance, good luck getting financing,” said Brian O’Toole, a senior fellow at the Atlantic Council and who previously worked in the Treasury Department’s sanctions unit. “For Rosneft as a whole there shouldn’t be too much interruption. Rosneft Trading SA I think is largely kaput.” India, the biggest destination for Venezuela’s oil exports, took about 39% of all shipments last year, according to data compiled by Bloomberg. Reliance Industries Ltd. and Nayara Energy Ltd., the main Indian buyers, weren’t immediately able to comment on Wednesday. Meanwhile, sanctions on Rosneft Trading will directly hit its business of bringing Venezuelan crude to China, the world’s biggest overall importer, where it’s mainly used by private refiners to produce bitumen, according to four traders in Asia with knowledge of the trade. While other key Russian crude grades such as ESPO Blend and Urals are sold by different Rosneft units, and therefore not blocked by sanctions, it’s possible banks and insurers will become more cautious supporting such deals as they determine affiliations between Rosneft entities, they said. The potential loss of Venezuelan shipments because of the sanctions helped push oil prices higher on Wednesday. Brent crude, the international benchmark, rose as much as 1.3% to $58.41 a barrel, set for the longest run of gains in more than a year. “This is a measure against the Venezuelan people and PDVSA workers, and against our ability to produce and sell more oil to have bigger earnings,” Jorge Arreaza, Venezuela’s Foreign Minister, said in a Caracas government rally on Tuesday. Rosneft and Petroleos de Venezuela SA are long-time partners. In 2010, the parent Rosneft PJSC, controlled by the Russian government, bought PDVSA’s stake in a group of German refineries. The company is also a partner in oil ventures in Venezuela and loaned $6.5 billion to PDVSA in exchange for payment in oil. “Every layer of cost, of difficulty that this adds, means less cash flow for PDVSA,” said Francisco Monaldi, a lecturer in energy economics at Rice University’s Baker Institute for Public Policy, and an expert on Venezuela’s oil industry. He estimated Rosneft Trading is making more than $1 billion a year on the Venezuela oil trade, because PDVSA has to sell its oil at a steep discount. “By sanctioning a Russian company, I think the clear message is for the Russians to sit at the negotiating table,” he said. “I wonder if this is an incentive enough for the Russians to have a more constructive role for some kind of negotiated transition. It might not be relevant enough.” Best Regards @ValueSeeker8