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 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.

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

http://edition.cnn.com/2011/WORLD/meast/03/14/bahrain.protests/

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.

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

A sharp rebound should be coming....

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....

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/

Editor: CC | SS
Friday, 18 March 2011 07:35 GMT



The source pointed out that "Export of crude oil from fields in the Kurdistan Region is stable at 100 thousand barrels per day during the Current month of March, after the rate was 80 thousand, where the export from the field Tauki An average of 55 thousand and 40 thousand barrels of Taq Taq field. "

The Ministry of natural resources in the Kurdistan Regional Government of Iraq, beginning Current month of March, the high export of crude oil from fields in the region to 100 thousand barrels Per day, while references to plans to double exports end of the year 2011 to the current 200 thousand to one million barrels per

Post from rhe well respected Zengas,


Maybe some looking at the RNS in the wrong context.

What if the size of the flare/smoke is truly substantial - their word being substantial !

If you recall that many months ago and possibly not remembered by many on here - was that they thought this could be as big as, or another Kirkuk.

Remember when Baba Gurgur was discovered it gushed and lit up the place for miles.

Perhaps the flames/smoke are significant and that it really could be a more unusual sight than normal.

http://ftalphaville.ft.com/blog/2011/03/18/519271/sunrise-over-ebril/

This video should be in the header imo.

http://62.193.238.61/blueprinttv/gulf-keystone-petroleum/2011-01-14_video_01.php

Nice, but totally ruined by the sound balance.
Difficulty hearing the commentary through the music.
mac

listen to the music of the share price!

I'll second that!! kkkkkkkeeerrrrrrccchhhiiinnggg

i sold a big proptiotion of my holding to buy back which i did now what do - libya has destabised its region - what do you reckon sp up or down - i think up?

a little present
http://www.youtube.com/watch?v=L5YUCygMBiE

We should get the results(72hrs) from the latest RNS,which will decide?

A couple of days old but worth aread,followed by Fox's latest report.

A cGulf Keystone shares gush up 22% on Kurdistan oil hopes

Share3 Comments (0) Making a substantial oil discovery when the crude price is soaring is pretty much an ideal situation. Step forward Gulf Keystone Petroleum, which is exploring in the Kurdistan region of Iraq.

The company has revealed it found a significant flow of oil at the Shaikan-2 well, where it has a 75% working interest. It said:

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 hte company to issue this announcement.


It is conducting tests, which are expected to last for 72 hours, to determine flow rate and oil quality. But Gulf Keystone boss Todd Kozel said the oil flow confirmed its belief in the "world class nature" of the Shaikan discovery.

Investors are convinced too. Shares in Gulf Keystone - which some tip as a possible takeover target - have surged 22%, up 26.75p to 150.25p.

Analysts at Fox-Davies Capital said:


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. 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.guardian.co.uk/business/marketforceslive/2011/mar/18/gulf-keystone-up-on-iraq-hopes



http://www.fox-davies.com/media/360203/fdcgkpmar182011.pdf