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.

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...

I told you to unload GKP. See post 1046.

Bought back in.....smaller numbers.....if there is a strike : it will be impossible to get in at a reasonable price...120p in a moment...if not perhaps not much decrease...

from a chartist point of view only this looks very much like a top building.( lower highs) breakout to downside not yet confirmed. may not. tactically its a hold at present but not yet a buy, in my opinion. buying here is very dangerous, dont mean it wont be succesful. not yet a sell, but very close to it. all just my opinion and please dyor.
regards
jkd

i would not want to be out of gkp over the weekend - gla

Charting is good up to a certain point, in the event of another big strike this could rocket again and that would completely change the look of the graph.

Horrible chart and mm's games ..looks a sell to 60p.