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 hope people were able to sell on time when i sent the note some days again to buy back later - additionally there is more of the similar to come so be on your toes - gl

i sold some yesterday and have just bought back purely because order book looks pretty strong

I sold just under half the other day,..wished I had sold the lot but a strong rebound is possible here....12 billion barrels is not to be sneezed at !.

Finally broke the 148p offer lasting over 15 minutes

now there are 173K more buys on the order book, change to 200K

Something positive on those trying to sell shares that just bought at the placing @ 140p..... 6 months lock-up

Interpretation of 6 months lock-up period courtesy of "theperpetualoptimist" from iii's bb

"...In the meantime to lower my blood pressure I read the very long and very boring appendix to the RNS and found one little nugget of positive news. The shares issued today cannot be sold enblock to a predator for 6 months (point 11). They can only be sold through the normal market mechanisms. This means that the institutions receiving the shares are, for 6 months, forced to be "safe hands" in so far as they cannot do deals with a hostile bidder."

good to see people doing well - gl

I too sold half on yesterdays news,almost predictable the placing would be lower.Overall a good piece of news,come next year the benefits will be for all to see. Holding on to see
how the market holds up,before releasing cash,although it looks a snip at the present SP?

Trying to break the 150p now as the order book got very strong on the bid side

Youngman..tatatatatttaaa...I said youngman...tatatataaa...youngman.....macho..macho..machoman.....
really catchy tune.....can't quite remember where the hell I heard it....

see no reason not to end day in region for 165 to 175 probably nearer 170 gl :-;

oh and.......................

kerrrrrrrrrrrrchinnnnnnnnnnnnnnnnnnnnggggggggggggggggggggggggggggggggg

again!

also

yeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

great week here for everyone

fill ye boots!

dont forget pot. to rerate to main market here!

&.... keep in mind....

http://www.aknews.com/ar/aknews/2/262840/

http://bit.ly/pwqdqu

Advisor: Baghdad has no right to review oil contracts

20/09/2011 16:34



.. Baghdad, September 20 / Spettmar (Rn) - An adviser to Iraqi Prime Minister Nuri al-Maliki Tuesday that Baghdad would not be able to review oil contracts without the approval of companies contracting with them. .. The chancellor said the government's legal Fadel Mohammed Jawad told the Kurdish news agency (Rn) that any legal changes on the oil contracts require the consent of the parties regarding the lifting of the production fields or cancel some of the items in the contract. .. He noted that the right of the House of Representatives review the contracts entered into by the government. .. He said that the party wishing the amendment shall bear the consequences

upping today's estimate to the 170 - 180 range!!! lol

profit takingg - not unexpected i suppose

strong buying

See 1821.............

FT-Goldman Sachs,Takeover/Buy List
September 22, 2011 8:14 pm

Small caps: oil explorers ripe for predators
By Steve Lodge and Bryce Elder

Oil explorers were in focus on Thursday after Goldman Sachs argued that the sector was trading at levels that were likely to attract predators.

The dislocation between the long-dated crude price and E&P [exploration and production] equities has become extreme and is now at levels comparable with early 2009, Goldman told clients. We believe this dislocation represents an opportunity for well funded larger players that are struggling to grow to make acquisitions and that this activity could re-rate the E&P sector.

Names on Goldmans list of potential targets included Falklands explorer Rockhopper Exploration , down 6.8 per cent to 194.9p, Chinas Green Dragon Gas , off 5.9 per cent to 7.9p, and Albania-focused Bankers Petroleum , which fell 8.8 per cent to 260p.

Goldman also argued that valuations had been depressed by market concerns over explorers access to funding.
Although we recognise that many companies will require additional funding to develop assets or extend exploration programmes, we believe that, in general, the sector is funded for significant catalysts in the short term, it said.
Goldman also added Gulf Keystone Petroleum and Tower Resources to its buy list as part of the review, while adding Desire Petroleum and Hardy Oil & Gas to its sell list. But Gulf Keysone was off 5 per cent to 151p, Tower lost 1.7 per cent to 4p, Desire retreated 5.3 per cent to 18p and Hardy was 1.7 per cent weaker at 198.4p in a generally torrid session for natural resource companies.

Small caps: oil explorers ripe for predators

Looks like the ,arket approves.buys going through at 158p.

http://www.investegate.co.uk/Article.aspx?id=201109230700097918O