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Gulf Keystone Petroleum (GKP)     

goal - 15 Mar 2005 17:17

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.

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mitzy - 18 Dec 2011 17:26 - 2073 of 5505

Cant see it getting higher than 200p tomorrow.

mitzy - 18 Dec 2011 17:26 - 2074 of 5505

somehow.

Balerboy - 18 Dec 2011 19:05 - 2075 of 5505

more likely to be 150 till new yr.,.

niceonecyril - 18 Dec 2011 19:19 - 2076 of 5505

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?

niceonecyril - 18 Dec 2011 19:23 - 2077 of 5505

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

SpikeyDT - 18 Dec 2011 21:25 - 2078 of 5505

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

niceonecyril - 18 Dec 2011 23:44 - 2079 of 5505

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

niceonecyril - 18 Dec 2011 23:47 - 2080 of 5505

d/post

Proselenes - 19 Dec 2011 06:38 - 2081 of 5505

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.

55011 - 19 Dec 2011 07:38 - 2082 of 5505

No RNS.

mnamreh - 19 Dec 2011 07:53 - 2083 of 5505

.

mnamreh - 19 Dec 2011 08:02 - 2084 of 5505

.

cynic - 19 Dec 2011 08:41 - 2085 of 5505

nice if it has substance ......for no really good reason bought a few more on friday

mnamreh - 19 Dec 2011 08:46 - 2086 of 5505

.

niceonecyril - 19 Dec 2011 08:48 - 2087 of 5505

Me too.2 small top ups at 170p,so the 210p is a good return for such a short time. Think i'll hang on and see how it pans out.

niceonecyril - 19 Dec 2011 08:50 - 2088 of 5505

Dropping like a stone,over 12m trades,down to 204p at present.

mitzy - 19 Dec 2011 08:53 - 2089 of 5505

About time this rumour was denied by the directors.

cynic - 19 Dec 2011 08:56 - 2090 of 5505

this morning Reuters.......

UPDATE 1-Exxon mulls 7 bln stg approach for Gulf Keystone-paper
18 Dec 2011 - 16:05

(Adds Gulf Keystone no comment)

LONDON, Dec 18 (Reuters) - U.S. oil major Exxon Mobil Corp is mulling a 7 billion pound ($10.9 billion) takeover of Kurdistan-focused explorer Gulf Keystone Petroleum , the Independent on Sunday reported.

The newspaper said that Exxon is considering making an estimated 800 pence per share bid for Britain's Gulf Keystone, which has made huge oil finds in the semi-autonomous Kurdistan region of Iraq.

"It's not our practice to comment on media reports, rumours or speculation," an Exxon spokesman told Reuters in an emailed statement.

Gulf Keystone also declined to comment.

Exxon has "sounded out" Gulf Keystone about the possible deal, said the report without citing its sources, adding that it is thought that the company would not accept an offer at the 800 pence per share level.

aldwickk - 19 Dec 2011 09:23 - 2091 of 5505

So they are going to buy Afren instead ......... I wish

required field - 19 Dec 2011 09:39 - 2092 of 5505

No sooner than I said I had doubts about the 200p mark.......damn....for once not in....should have been.....
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