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.

On: Sun 07/17/2011

Baghdad (news) .. approved the Vice Chairman of the Commission on oil and energy parliamentary member of the House of Representatives / State of Law / Sheikh Dhari Ali Fayad said the oil and gas and national oil company will settle all the problems associated with this sector.

Fayad said in a statement to the Agency (news) that the end of the obstacles and dilemmas in the Iraqi oil sector legislation will end the oil and gas and national oil company, stressing the critical importance in the coordination of work and advancement of this sector to the ranks of countries in the world.

He was the former Iraqi Oil Minister Ibrahim Bahr al-Ulum called the House of Representatives to the amendments to the law of oil and gas before reading it within the Council in line with the changes in the oil sector in the country Kjlat licenses.

Uloum said in a press statement, the oil and gas law, which will hopefully be discussed by the House of Representatives in the coming period requires careful review to ensure amendments are consistent with the changes it made to the fact the Iraqi oil during the past four years.

The Sea of ​​science that can not pass a law of oil and gas, the current formula, which started two years ago did not take into account the changes and developments which may occur to the fact the oil, indicating that the law will organize the production process and the mechanism of oil exports will strengthen the
relationship between Baghdad and Erbil.

The House of Representatives had previously failed to pass a law of oil and gas because of the tyranny of the political differences between Baghdad and Erbil on some of its paragraphs.

The oil contracts signed by the Kurdistan Regional Government with foreign companies of the most outstanding issues between Baghdad and Erbil, in the time that says the Iraqi Oil Ministry that the contracts of the region are illegal because they do not have the right led to the conclusion, emphasizes the territorial Government that the Constitution conferred the right to conclude contracts.

And held two rounds of Iraq last year licenses to invest in oil fields resulted in the victory of several international companies of different nationalities to develop ten fields in different regions, after Iraq held in October, the third oil licensing round.

Iraq seeks to access the oil produced within the next six years between 10 and 12 million barrels per day, in order to increase its exports of oil daily after obtaining approval from the worlds oil (OPEC).

http://currencynewshound.wordpress.com/2011/07/17/ali-fayad-the-oil-and-the-national-company-will-settle-all-disputes

down 30%.

takes the lead ...

That is what happens when there is NO support

and then UP again

Thursday 04 August, 2011Gulf Keystone Petrol
Share Price Update
RNS Number : 7929L
Gulf Keystone Petroleum Ltd.
04 August 2011



Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.









4 August 2011



Gulf Keystone Petroleum Ltd. (AIM: GKP)

("Gulf Keystone" or "the Company")



Share Price Update





Gulf Keystone notes the sudden fall in its share price and confirms that it knows of no reason for this decline, beyond today's general market turmoil.



The Company remains completely focused on the active exploration and appraisal programme across all the four blocks in the Kurdistan Region of Iraq, including the current drilling operations at the Shaikan-2, Shaikan-4, Sheikh Adi-1 and Bekhme-1 wells.



The Company is expecting to commence oil exports at an initial stabilised rate of 5,000 barrels of oil per day ("bopd") in the coming months increasing this target to 10,000 bopd shortly thereafter.



Gulf Keystone will be providing further operational updates in due course and will report half year results in September 2011.





Enquiries:



Gulf Keystone Petroleum:
+44 (0) 20 7514 1400

Todd Kozel, Executive Chairman and

Chief Executive Officer



Ewen Ainsworth, Finance Director







Strand Hanson Limited:
+44 (0) 20 7409 3494

Simon Raggett / Rory Murphy / James Harris







Mirabaud Securities LLP:
+44 (0) 20 7878 3362

Peter Krens







Pelham Bell Pottinger:
+44 (0) 20 7861 3232

Mark Antelme







or visit: www.gulfkeystone.com



Notes to Editors:



Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq.

Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for fourexploration blocks in Kurdistan.

The Company's shares have traded on the AIM market since listing on 8th September 2004.

Gulf Keystone Petroleum Limited is registered in Hamilton, Bermuda with further offices in Erbil, Kurdistan Region of Iraq, Algiers, Algeria and London, UK.



Not for release, publication or distribution, directly or indirectly, in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

Never seen so much panic.....what goes down, comes back up.........sometime.,.

i completely missed the drop here today - dont know how i did that - must have had mud in me eyes!! - couldnt stay down for long - probably continue north a bit tomorrow perhaps

KEEP an EYE

GKP 104.75p -8.75p

still down for the day after yesterday's large drop ( support broken ) and bounce back on news from the company ( below), looking better now on the order book and intraday chart ....


4 August 2011 -- Gulf Keystone Petroleum Ltd. --- Share Price Update

Gulf Keystone notes the sudden fall in its share price and confirms that it knows of no reason for this decline, beyond today's general market turmoil.

The Company remains completely focused on the active exploration and appraisal programme across all the four blocks in the Kurdistan Region of Iraq, including the current drilling operations at the Shaikan-2, Shaikan-4, Sheikh Adi-1 and Bekhme-1 wells.

wake up chaps!!!

John Gerstenlauer, Gulf Keystone's Chief Operating Officer commented:

"This independent report demonstrates the potential of the Sheikh Adi block with between 1 and 3 billion barrels of gross oil-in-place. This report reinforces our belief in having encountered yet another potential world class oil source. We plan to further evaluate the Sheikh Adi structure and define and assess this complicated geological structure. The Sheikh Adi oil-in-place numbers are all the more significant due to our 80 percent interest in the block. These numbers are in addition to 7.5 billion barrels of P50 oil-in-place at Shaikan, 2.4 billion barrels of P50 oil-in-place at Akri-Bijeel and 1.9 billion barrels of estimated petroleum-initially-in-place at Ber Bahr. This report further demonstrates the world class nature of Gulf Keystone's assets in the Kurdistan Region of Iraq".

Spotted it as well......lucky I bought some more the other day.....and going long as well now.....incredible result here....now we have several world class oil reserves....and not many people are aware.....this should be 200p now !.

This major success story is going unnoticed due to events.

FREE presentation next week!

-----

The directors of Victoria Oil & Gas (AIM: VOG), Sound Oil (AIM: SOU), SacOil (AIM & JSE: SAC) and Gulf Keystone Petroleum (AIM: GKP) will be presenting:
Thursday the 25th August 2011,The May Fair Hotel, Stratton Street, London, W1J 8LT (Crystal Room)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/119

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

PLEASE NOTE: PLACES WILL BE LIMITED, SO PLEASE REGISTER TO AVOID DISAPPOINTMENT.

FREE presentation next week!

-----

The directors of Victoria Oil & Gas (AIM: VOG), Sound Oil (AIM: SOU), SacOil (AIM & JSE: SAC) and Gulf Keystone Petroleum (AIM: GKP) will be presenting:
Thursday the 25th August 2011,The May Fair Hotel, Stratton Street, London, W1J 8LT (Crystal Room)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/119

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

PLEASE NOTE: PLACES WILL BE LIMITED, SO PLEASE REGISTER TO AVOID DISAPPOINTMENT.

Turdistan company finds more oil, it still belongs to Iraq and still no license agreement.

Share price falls.

Situation normal...........

I actually got some GKP this morning.

Not because I suddenly like GKP or Turdistan, but the stock on loan levels indicate something is happening and if any was going to make a bid for GKP, now is the time to do so.

So I purchased a wedge of shares for a speculative punt.

Here's the RNS

RNS Number : 5958M

Gulf Keystone Petroleum Ltd.

18 August 2011

Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.

18 August 2011

Gulf Keystone Petroleum Ltd. (AIM: GKP)

("Gulf Keystone" or "the Company")

Kurdistan Operational Update

Shaikan-2 Triassic Discovery

Gulf Keystone announces today that it has made a new Triassic discovery with the Shaikan-2 Appraisal Well, drilled approximately nine km to the south-east of the Shaikan-1 discovery well in the Kurdistan Region of Iraq.

Gulf Keystone has completed drilling of the Shaikan-2 Appraisal Well to a TD (total depth) of 3,300 meters in the middle Triassic, following which a flow test has been performed in the newly discovered Kurre Chine C zone over a 80 meter interval (3,195m to 3,275m). This new zone is highly pressured and correlates with the high pressure zone penetrated at the bottom of Shaikan-1.

The Kurre Chine C flow test in Shaikan-2 has achieved variable flow rates up to a maximum recorded rate of 4,450 barrels of 36 degree API oil per day with associated gas of 813,000 scf per day through a 36/64" choke.

After success with this first test, the Company plans to continue with its programme of Shaikan-2 testing in the Triassic and Jurassic.

The Company has a 75 percent working interest in the Shaikan block and is partnered with the MOL subsidiary, Kalegran Ltd., and Texas Keystone Inc. which have the remaining 20 and 5 percent working interests respectively.

John Gerstenlauer, Gulf Keystone's Chief Operating Officer commented:

"The new Triassic discovery is yet another chapter in our Shaikan success story. As a result of these successful Shaikan-2 well test results, oil volumes that will eventually be attributed to this zone, will be in addition to the already impressive 4.86 to 10.8 billion barrels of gross oil-in-place already discovered in the Shaikan field."

Event is full.

http://www.proactiveinvestors.co.uk/register/event_details/119

The directors of Victoria Oil & Gas (AIM: VOG), Sound Oil (AIM: SOU), SacOil (AIM & JSE: SAC) and Gulf Keystone Petroleum Ltd. (AIM: GKP) will be presenting:

Thursday the 25th August 2011,

The May Fair Hotel, Stratton Street, London, W1J 8LT (Crystal Room)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:

Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

PLEASE NOTE: PLACES WILL BE LIMITED, SO PLEASE REGISTER TO AVOID DISAPPOINTMENT.

*** WE HAVE REACHED CAPACITY AT THIS EVENT - PLACES ARE NO LONGER AVAILABLE ***

GKP Stock on loan has certainly taken a big jump this week.



.

Some comment from Fox Davies:


Comment

Yet another discovery and possibly a significant addition to what is already a very impressive resource base. Shaikan is a world class field and technically a fantastic success for Gulf Keystone. However, as we have stated previously full value realisation is dependent on resolution of the political and legislative issues in Iraq that will lead to full exports from Kurdistan and formal payment mechanisms; unless, in the meantime another company swoops in for GKP with a serious bid.

Recommendation

We retain our BUY rating and price target of 2.75.

They are doing a presentation on Thursday, perhaps news might be coming tomorrow or Thursday morning ?


http://www.thisislondon.co.uk/markets/article-23980501-charter-boosted-25-percent-by-the-attentions-of-a-second-suitor.do

.............Wild whispers about Gulf Keystone Petroleum pushed the oil explorer up 3p to 128p, The mutter from the gutter was that bosses had struck a deal with the government in Kurdistan for the export of thousands of barrels of crude a day..............


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