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.

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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.

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

.

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.

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

About time this rumour was denied by the directors.

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.

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

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

I had a little spare cash,so i bought a few more 195p. The news has been reported worldwide,giving it more clout this time? aimho

http://english.alarabiya.net/articles/2011/12/18/183185.html

"The latest crisis in Iraq is the result of the Sunni-backed political party Iraqiya suspending its participation in parliament to protest against Iraqi Prime Minister Nuri al-Malikis centralization of power. (Reuters)

Iraqi Prime Minister Nuri al-Maliki called on lawmakers on Sunday to withdraw confidence from one of his deputies, a Sunni Arab who described him on television as worse than Saddam Hussein.

Malikis push for Saleh al-Mutlak to be removed from his post comes amid a political deadlock with the deputy prime ministers Sunni-backed Iraqiya bloc, which announced a day earlier that it was suspending its participation in parliament in protest at the premiers alleged centralization of power"

There is always the political risk, will never change in iraq but this company is phenomenal in maximising its assets it seems....jumped back in....a little late but if a bid does come ......it will be hefty....

about 20m traded so far