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'm a fan of this company but the sp is at the stage or a bit higher I expected it to be after months of testing......

might get a better price for that tatty caravan of yours

rumours are all over the other boards that another mega find is about to be announced from their partner MOL or from the 2nd drill at S Adi also that a far eastern group is buying any blocks of shares they can get their hands on! maybe the first bid is not far away. I'd think the co will have to make a staement re the sp movement soon.

ravey is it ok to post? the chinese may be lurking!!

any RNS is most likely to say "no known reason"

perhaps it should say because it is being ramped!

Anybody worked out the market cap ?....must be in excess of a billion pounds now....

RF --- According to Selftrade it's almost 748m.
2517

I would have thought much more....not so long ago wewere at 100p-110p....great rise....

I bought these at 5p, sadly i sold them at 20p :-))

I'd imagine the advfn thread being rife with bullshitters but i dont ever use
the site now so i'm only guessing.

Looks good though dont it.

rdg-----I'm a member of that club, I bought @ 11p and sold @ 38p, still never mind I'm sure there will be another one along later, but which one?
2517

Big mistake ravey--you learn a lot more over there once you know who to take notice of.

Totally wrong, you learn by your own mistakes, taking a 300% profit
is not wrong, listening to the crooks who ramp day in day out on advfn
is wrong, infact it's the worst of the worst !

Not saying you should take notice of me but have a look at GGP

Nice rise this morning.

something must be going on behind curtins....bid/TO????

Shares in Gulf Keystone Petroleum rise 13 percent after a report says the Kurdistan-focused oil explorer is looking at moving to London's main market from the junior market in the first quarter of 2011.

'It just helps the overall story which is a maturing company, that if it does need money then there's certainly a greater pool from which Gulf Keystone can access those funds,' says Daniel Stewart analyst Richard Nolan, referring to the fact that the company will likely need to raise additional funds to help develop all of its reserves.

The explorer would join the FTSE 250 mid-cap index of companies if it moved to the main market now, says the report in the Sunday Telegraph.

To read more please click on

Reuters messaging rm://sarah.young.thomsonreuters.com@reuters.net

Kurdistan Operational Update



Gulf Keystone Petroleum Ltd., an independent oil and gas exploration company, today provides an update on its operations in the Kurdistan Region of Iraq ("Kurdistan").



Shaikan Long Term Test Facilities



The recently constructed production test facilities near the location of the Shaikan-1 discovery well in the Shaikan Block (75% GKP working interest) are being commissioned. Initial flow rates are low to allow facility commissioning and will be kept low, pending receipt of oil assay results which will assist in determining a domestic sales price and allow finalisation of the oil sales contracts. Facility commissioning, assay finalisation and sales contract negotiation are expected to take several weeks. Test operations are well on track to reach the previously announced year end target production rate of 8,000 to 10,000 barrels of oil per day ("bopd").



John Gerstenlauer, Chief Operating Officer for Gulf Keystone said: "This marks the end of a seven month accelerated design and construction project to install the 18,000 bopd capacity facility and the beginning of a long term (18 to 24 month) production test of the top most reservoir in the Jurassic age section of the Shaikan well. This extended test of the upper portion of the Jurassic will give us valuable information on production characteristics, market logistics and oil sales procedures within Kurdistan. In addition, use of these prefabricated production facilities will serve as a model for future testing and production of other potential oil accumulations on our acreage."



Bijeel-1



Testing and evaluation are continuing on the MOL operated Bijeel-1 well in the Akri-Bijeel Block (20% GKP working interest). The previous announcement of a 3,200 bopd test already makes this one of the more significant discoveries in Kurdistan. Additional testing and evaluation work are still ongoing. However, the initial indication of the oil-water contact in this well is supportive of the concept of a single regional aquifer; this further supports the upside oil volume scenario for all four blocks in which GKP has an interest. In addition, it appears that the Bijeel structure could be a southern extension of the much larger Bekhme structure. The Bekhme exploration well is planned for late 2010 or early 2011.



Sheikh Adi-1



On Sheikh Adi-1, following the sticking of the bottom hole assembly at a depth of 450 metres and the necessary sidetrack to drill around the obstruction, the well is now at 500 metres which is the 20" casing point.



Shaikan-3



On the shallow Shaikan-3 appraisal well, near the site of Shaikan-1, the well is drilling ahead at 837 metres with the next casing point expected at 900 metres and the first zones of interest expected to be encountered soon after that.


cyril

great update!!! this should drive sp higher and higher

your chart is upside down!