niceonecyril
- 20 Dec 2011 20:43
- 2133 of 5505
niceonecyril
- 20 Dec 2011 20:50
- 2134 of 5505
Mirabaud Broker note/comment on GKP SH-6 spud today."
"As we have previously stated, while we do expect the company to be an attractive take-over prospect, we think it is unlikely that a meaningful bid will materialise until after the Iraq Oil Law has passed, since such event would significantly de-risk the asset."
http://thesharehub.com/?p=4889
niceonecyril
- 21 Dec 2011 07:18
- 2135 of 5505
Seems we have coverage in both the Telegraph and the Sun?
cynic
- 21 Dec 2011 08:23
- 2136 of 5505
on that basis, no t/o for another 12+ months, but meanwhile, i note that 180 was the previous closing all-time high (hit twice), and sp has now breached that with some ease .... and that's still not a reason to buy ..... however, the fact that this iraqi oilfield of GKP's is clearly pretty humungous means that the company's asset base is based on fact, and that should equally reflect in sp, which i'ld guess is not presently the case
shrusam
- 21 Dec 2011 08:45
- 2137 of 5505
Price to go upto 250.00...
niceonecyril
- 21 Dec 2011 10:04
- 2138 of 5505
mnamreh
- 21 Dec 2011 10:12
- 2139 of 5505
.
mnamreh
- 21 Dec 2011 11:28
- 2140 of 5505
.
niceonecyril
- 21 Dec 2011 12:13
- 2141 of 5505
Manreh if you click on the chain link above the box,you'll have direct access to the article,etc.Ref post 2138.
mnamreh
- 21 Dec 2011 12:16
- 2142 of 5505
.
niceonecyril
- 21 Dec 2011 14:52
- 2143 of 5505
niceonecyril
- 21 Dec 2011 16:52
- 2144 of 5505
http://www.proactiveinvestors.co.uk/companies/news/37194/genel-confirms-talks-over-chia-surkh-acquisition-in-kurdistan-37194.html
.Its acreage includes the Ber Bahr field, where Genel is the operator and has a 40% stake along with Gulf Keystone (LON:GKP) with the Kurdistan Regional Government owning the remaining 20%.
Ber Bahr is being tipped to hold even more oil than Gulf’s Shaikan field, which is estimated to contain 8 billion barrels of crude on a P90 basis.
niceonecyril
- 21 Dec 2011 17:04
- 2145 of 5505
niceonecyril
- 21 Dec 2011 22:22
- 2146 of 5505
One piece of news that didn't post,several days ago a poster reported that the Exxon staff were being moved out of South Iraq and put his reputation on it.Well it seems that they have all moved to Dubai?
cynic
- 22 Dec 2011 08:10
- 2147 of 5505
i may be able to find out if similar applies to Schlumberger who provide a lot of the oilfield downhole services
niceonecyril
- 22 Dec 2011 09:02
- 2148 of 5505
That would be great,the more info the netter, as the advert goes,"every little helps"?
I'm thinking of topping up on what i see as a dip,but am a bit overweight so hesitant?
It might be worthwhile keeping an eye on trading at GENL,who operator at
Ber Bahir,the number of daily trades is small,so any clues might be easier to spot?
niceonecyril
- 22 Dec 2011 09:18
- 2149 of 5505
http://www.reuters.com/article/2011/12/22/us-iraq-violence-idUSTRE7BL0AN20111222
From my post 1960,alas can't see them working together and i read that the Sunni's are moving this way,might be better for all if like Bosnia etc go there own way?
http://www.algemeiner.com/2011/11/18/the-kurdish-question/
"Last week, the Saudi-owned newspaper Asharq al-Awsat published a column saying that it might come as a shock for some readers, but it is now inevitable that the Kurds of northern Iraq, who now have their own Kurdistan Regional Government, will declare their independence."
niceonecyril
- 22 Dec 2011 09:26
- 2150 of 5505
niceonecyril
- 22 Dec 2011 12:23
- 2151 of 5505
Events at the minute are worrying,however i take some comfort from this hardened investor.
Don't think you need to worry too much about aggression towards K
My GKP buddy tells me that K is enclosed in a ring of steel e.g any vehicle crossing today into K is directed to a large run off area, approached slowly and given the once over by a competent security op
All drilling ops have military strong points nearby etc
hlyeo98
- 22 Dec 2011 13:04
- 2152 of 5505
Now that US has withdrawn from Iraq, it will be civil war and more unrest. Very unstable for GKP. Sell.