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'm not in at the moment....perhaps should be....but there is that court case of some kind......also 165p or so....plus very small production equivalent to PTR in Russia.....now I know that's a perhaps ridiculous comparison but taking a look at the market caps.....huge difference and petroneft have quite a bit in the ground...now I'm not knocking GKP...it's just that going through that 200p mark might be difficult....very difficult to time anything in these bad times....the production will remain small for ages....that might hold the sp back unless the so called sale of some assets goes ahead......

We've had several false dawns as far as take over offers are concerned,i should think today's story calls for a response from the company(as in Nov)? While an offer of 8 would be most welcome,for me perfect timing would be closer to end of of tax year,,say late March.

Iraq Oil Report-Oil&Gas Law
SpikeyDT
By BEN VAN HEUVELEN of Iraq Oil Report
December 18, 2011
http://bit.ly/t330Lz

Iraq Increases December Oil Exports by 1.9% From Month Earlier
By Kadhim Ajrash and Nayla Razzouk - Dec 18
http://bloom.bg/sPoKht

Exxon .. Game or oil policy in Iraq
On: Sun 12/18/2011 14:43
http://bit.ly/vVQyZN

OIL: Exxon Mobil put between the two options to work in Iraq Sunday, January 18 /12 December 2011
http://bit.ly/uA5PjS

Exxon Weighs Deal With GKP
By Lananh Nguyen - Dec 18, 2011 1:00 PM GMT
http://bloom.bg/uQIaop

Exxon mulls $10.9 billion approach for Gulf Keystone: paper
LONDON | Sun Dec 18, 2011 8:43pm IST
http://reut.rs/vjlG2w

Cant see it getting higher than 200p tomorrow.

somehow.

more likely to be 150 till new yr.,.

The independent article is certainly doing the rounds,with both reuters and bloomberg reporting it. Causing a lot of excitement and not a little ramping,apparently the Chinese have offered $27Billion,well lets see what tomorrow brings?
My preference would be Bekhme-1 coming up trumps and who knows GENL mihjt release Ber Bahir results too,can't one dream?

Oh and GKP's board have dismissed the $10.7b offer as totally unacceptable? lol

Exxon to Pounce on Gulf Keystone
Posted on 18 December 2011.
http://bit.ly/tv0b14

It's all much of a muchness,"time will tell". So lets see what tomorrow brings?

d/post

Its coming, might take a few days or weeks or even a couple of months, but the big offer is coming.

Just a case of being patient and waiting for it.

No RNS.

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