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Gulf Keystone Petroleum (GKP)     

goal - 15 Mar 2005 17:17

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.

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Balerboy - 01 Mar 2011 09:54 - 1580 of 5505

From Iraq report, can't access full story:

Beiji back up, repair will take months
Details of the attack are slowly coming out. The damage assessment looks grim, but the government is beefing up efforts amidst an investigation.

cynic - 01 Mar 2011 10:49 - 1581 of 5505

i don't think this has much if any impact on GKP other than perhaps sentiment ..... their interest is in exporting the stuff by pipeline, not refining for domestic consumption

Balerboy - 01 Mar 2011 15:50 - 1582 of 5505

seems to be holding up ok.

Proselenes - 11 Mar 2011 10:56 - 1583 of 5505

Lot of people getting hammered on GKP today/past weeks

hlyeo98 - 11 Mar 2011 11:21 - 1584 of 5505

Why is GKP getting lower?

required field - 11 Mar 2011 11:51 - 1585 of 5505

Bought some.....far too low now ......

Balerboy - 11 Mar 2011 13:27 - 1586 of 5505

Iraq pipe line blow up probably, going to be a month maybe before back in action.

Proselenes - 11 Mar 2011 15:17 - 1587 of 5505

This might be some of the reason for the fall. At least 5 years would mean a lot more fund raising is needed to survive.

http://www.alsumaria.tv/en/Iraq-News/1-61481-.html

.

gibby - 11 Mar 2011 17:41 - 1588 of 5505

i dont think it helped bg saying ref hoil that they had no interest in the region i.e. iraq and not looking to invest in iraq either for the foreseeable future

some city whispers are suggesting gkp may hit the 90's - cynic are you shorting this one at all or did not bother so far?

wonder what monday will bring - maybe some blue here?!

Balerboy - 11 Mar 2011 17:47 - 1589 of 5505

Sold some incase of bigger dip, but came back to 121p at the last.

gibby - 12 Mar 2011 17:24 - 1590 of 5505

ditto that - & get more shares for the same cash! have a good weekend

markymar - 14 Mar 2011 14:35 - 1591 of 5505

I see its going tits up in Bahrain,i can only see this trouble spreading to Neighbouring countrys and effecting share prices of oil companys in the places.

halifax - 14 Mar 2011 16:26 - 1592 of 5505

is this a fight between sunnis and shia or in other words saudi and iran?

Balerboy - 15 Mar 2011 11:56 - 1594 of 5505

Pipeline restarts,

Beiji suspects arrested
Iraqi officials have made more than two dozen arrests in the Beiji refinery bombing, fast-tracked repairs to the facility, and restarted the export pipeline attacked last week.
Can't give anymore detail as not a subscriber, but arrived today.
Should be good news.

hlyeo98 - 15 Mar 2011 15:37 - 1595 of 5505

Chart.aspx?Provider=EODIntra&Code=GKP&Si

Balerboy - 18 Mar 2011 07:43 - 1596 of 5505

I like the sound of this....
Gulf Keystone reveals significant oil flow from Kurdistan well
StockMarketWire.com

required field - 18 Mar 2011 07:49 - 1597 of 5505

A sharp rebound should be coming....

required field - 18 Mar 2011 08:13 - 1598 of 5505

Been buying more as of late...looks like it might be paying off.....I keep on saying it but Iraq (and this area of Kurdistan) should be one of the wealthiest countries in the world......let's hope it happens for them....

niceonecyril - 18 Mar 2011 08:39 - 1599 of 5505

Gulf Keystone Petroleum (LON:GKP) (BUY, 2.00) (GKP, 123.5p, ▲ 1.02%)

reported a significant initial oil flow on the Shaikan-2 Appraisal Well in a 44m interval at a depth of 1,792-1,836m in the Jurassic age formation. Substantial smoke and/ or the oil flare is/ are visible from the Company's office in Erbil some considerable distance from the Shaikan-2 location, indicating that a significant flow has been encountered and prompting the Company to issue this announcement.

The Company is currently conducting a test, which is expected to continue for another 72 hours to obtain further results, i.e. flow rate, oil quality and similar information, which will be reported in the next announcement. Shaikan-2 is the first deep appraisal well to be drilled on the Shaikan structure. The well is drilling approximately 9km to the south-east of the Shaikan-1 discovery well.

Comment: This is excellent news for Gulf Keystone although we have to wait for more data in order to be in a position to make a more definitive assessment.

Despite Shaikan being a world-class discovery, a 9km outstep was never going to be a guaranteed success as the properties of fractured carbonate reservoirs can vary significantly. We are increasing our probability of success for the P50 case on Shaikan from 2/3 to 3/4 and raising our price target to 220p.

We remain strong buyers of the stock, which has been weak for no specific reasons recently.

http://www.stockopedia.co.uk/content/fox-davies-capital-update-featuring-paragon-group-orosur-mining-ascent-bowleven-gulf-keystone-petroleum-xcite-energy-54931/
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