http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

I just can't believe you were 'duped' hlyeo ;)

C'est la vie.

On second thoughts, it was probably pretty easy!

Yeah, of course...I'm very gullible.

hyleo98, I too was once duped by SVS securities. Would be interested in your experience. I could probably make a more than fair negligence case against them but doubt I would get anywhere with it in the real world

I can't now give full story as my free trial has finished but heres the head lines:

KRG sets guidelines for turning oil taps back on
By Ben Lando of Iraq Oil Report
Published January 19, 2010
Iraq's Kurdistan Regional Government, long at odds with Baghdad over the right to sign oil contracts, has agreed to restart its modest but promising oil exports if the federal government agrees to compensate the foreign oil companies operating the fields.

KRG Natural Resources Minister Ashti Hawrami said in a statement Monday it is "ready to immediately restart the process of oil exports from the Kurdistan Regions fields at a rate of no less than 100,000 barrels per day."

that what i read today
if you are such a big, knowledgeable investor you should read FT!!!
i have no link. it was in todays ft from memory page 19, tlw and hoil whole big page. also in back page in companies section where they summerize news. thats why i switched to page 19. like i wrote before and i quote" kurd gov and iraq gov have reached an agreement on revenue from oil" hence i rushed home to check closing price for gkp, thinking it would closed higher, but not yet.

Think you need to go and lie down in a dark room....BB

the news via the splenetic-one is not nearly as dramatic as implied ..... however, a breach in the dyke will start with just a few drips

Cynic-what a splendid adjective! It's such a pity the use of such words are fast disappearing--also peevish--I love our language. News on the other side of a South Korean co with 6 billion plus to spend is shopping in Kurdistan for oil---hope it's GKP!!

miffed is certainly one i love .... very 30's but almost onomatopoeic

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Don't think miffed comes under that catagory, unlike sizzle, or cookoo......

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Rns should be coming with well update.....who knows ?....might be another giant oil discovery !.....frankly i'll be surprised if they come up with anything....2 strikes in a row would be incredible....

Business Financial Newswire
"Gulf Keystone Petroleum has drawn down 4m of its 30 million Standby Equity Distribution Agreement ("SEDA") with YA Global Master SPV. This draw down of funds is the sixth under the SEDA and brings to 17.06m the amount of funds drawn down to date. Under the terms of the SEDA, the Company has allotted 4,503,039 new common shares to YA issued at 88.83p per share- representing a five per cent discount to the average of the three lowest daily volume weighted average prices during the prior five trading days. The funds will be used to advance the development of Gulf Keystone's projects in Kurdistan. "

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I cannot recall Sterling Energy having any stake in Gulf K.....in the Gulf of mexico : some assets (now sold) yes, but not in GKP.

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Must be an update coming on the drilling...