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.

Exxon moves into Kurdistan.........


http://www.ft.com/cms/s/0/4e44f860-0bda-11e1-9861-00144feabdc0.html#ixzz1dLDC8jSs


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http://www.cityam.com/news-and-analysis/what-the-other-papers-say-morning-602


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Weak Good
Twilight News / president of the Kurdistan Regional Government, Barham Salih, Wednesday, the Erbil to reach an agreement with Baghdad on a draft law of oil and gas, will hopefully be submitted to the Iraqi Council of Representatives before the end of the year.
Saleh said in a statement to Radio NPR U.S. that "the agreement recently reached between us and the Federal Prime Minister Nuri al-Maliki on the draft law of oil and gas," he said, adding that "the project will be presented to the Iraqi Council of Representatives before the end of this year to vote on it."

He did not say for the content of the new draft, but he stressed that "the Iraqi constitution allows for the Kurdistan Region to take advantage of the fields and oil wells recently discovered in the region," adding that "the province and the basis of this constitutional right, began the development of economic infrastructure of the oil."

And Saleh said "the fact that the government of the province are now producing and exporting oil to the outside through the Iraqi pipelines," noting that "the proceeds of oil exported from fields in the region go to the central treasury of Iraq."

The oil and gas law is among the many outstanding issues between Erbil and Baghdad, which take place around the negotiations and dialogues length between the two sides to reach a formula Tredehma, and the exchange of the two sides to send delegations to negotiate, after both both the charges for the other to block to reach a solution.

Mm Al

Rocketing up ...any news anyone .....?...IC tip perhaps or takeover rumour...?...

Maybe exxon?

ExxonMobil has become the first of the supermajor oil companies to venture into Kurdistan, in a controversial move that will be seen as a huge vote of confidence in the semi-autonomous region of Iraq but could spark a backlash in Baghdad.

13% increase !....blimey...

165p....holy.....

not surprising really - contiuous news flow expected peeps taking positions for monday - would not want to be out over the weekend!!!! yeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaa

exxon interest is good news

additionally it seems that the O&G law is no longer a deterrent to majors entering Kurdistan - nice :-))))))))))))))))))))

high volumes continue

still ticking - good stuff

what a great day - this and blnx dropping - yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaa

and sorry to anyone already in blnx

hmmmm excellent http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201111101715dowjonesdjonline000641&title=exxon-mobil-signs-kurd-oilgas-exploration-contractsft

the city chatter good news is that apparently this agreement has clauses relating to the t/o of explorers in the region LOL!

more yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

looking at the 1 year chart, i would hazard that sp could still have good upside .....

agreed cynic

just passed + 20% so far - more on way

If majors are moving in ; good for Afren as well...sp is rising as well today...

If this is considered derisked then 200p is plausible...

no reason why not and that is still dirt cheap really

what a day - that 200 might be sooner than you think - like today lol!! not far to go

yeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaa