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.

kuz this does not seem to agree with the RNS today which said 1250bopd (not a lot)?

total flow rate bpd tested so far i believe is in the region of 21 / 22k bopd with more expected from other drills - hoping for 2 by year end or sooner - maybe more - just need the politicals sorted then imo gkp if it is a positive result will really start to fly - gla

Got too nervous & sold today on the current rise. Can't quite see any reason to hang on for now.

when it hits 2.5 or 3 what then you might see one

Flyimg this am.
cyril

oh wowee! +3p = +2.5% .... peeps with homemade wings jumping off the pier fly better than that!

well oil prices down this is holding and moving up!!!

cyners do you hold any of these???

i do indeed - in fact a bit o'weight even at cost

i would call today almost satisfactory - i have been in gkp an age but well worth it - looking forward to the political out of the way - then imo this really will fly - lots of chat about a t/o - could well be we shall see soon enough - have a good w/e all

Another upwards push....goody...

and oil pushing down

Surprised no comment from the brokers trip to Kurdistan and their reports from 22/25 August.

broker are not to be trusted anyway

looks like gkp are showing signs of positive creeping.....much good news in the near future.....and the progress they are making is going to be reflected...

Iraq Resumes Crude Oil Pumping To Turkey - Shipper
Iraq has resumed pumping crude oil from its Kirkuk fields to the Turkish port of Ceyhan on the Mediterranean since Tuesday afternoon following a closure that lasted five days, a Middle East shipping agent said Wednesday.

"The Iraqis resume the pumping at 1730 local time (1430 GMT) Tuesday," the agent told Dow Jones Newswires by telephone from Ceyhan.

-By Hassan Hafidh; Dow Jones Newswires; +962 799 831 831; hassan.hafidh@dowjones.com


if i recall gkp did sink on that news(iraqis stopped pumping)

thats nice rise with buying volume!!!

New Drill annouced.
cyril



Kurdistan Drilling Update:

Commencement of Drilling Operations on the Shaikan-3 Appraisal Well



Gulf Keystone announces the commencement of drilling operations on its Shaikan-3 appraisal well, effective September 2, 2010. This is a shallow appraisal well, very close to the Shaikan-1 well, the site of last year's discovery of the giant Shaikan oil field. The Company has a 75 percent working interest in the Block.



The Shaikan-3 well will be drilled to 1,100 meters (depending on well results) and is designed to evaluate and test the Cretaceous age intervals for producible oil volumes. Much of the Cretaceous interval in Shaikan-1 could not be completely logged, tested or evaluated due to lost circulation and other drilling difficulties. A large percentage of the interval is saturated with various hydrocarbons such as tar and heavy oil. The purpose of the Shaikan-3 well is to further evaluate these hydrocarbon volumes and determine if they are capable of commercial production. The total pore volume of the Cretaceous age interval is very large and, if the drilling and testing are successful, the presence of readily producible hydrocarbons could add significantly to the 1.9 (P90) to 7.4 (P10) billion barrels of oil in place already discovered in the deeper Jurassic and Triassic formations. Drilling and testing is expected to take two months.

Good news....

just bought a few on that news, nice outlook.