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.

The first exploration well on the Ber Bahr block is drilling at a measured depth of 2,418 metres in the Triassic to the estimated TD of 3,000 metres subject to technical conditions.
BB's original TD was 2100mtrs so 900mtrs deeper?

wonder what the day will bring here after rns and persistent rumours?

That you're having an abortion ?....gossip...gossip.....gulk keystone gossip....dear oh dear...

i concur, but nevertheless it is certainly of note that volume is very high yet again at 7m+ already, whereas as that is the daily normal average

lol!!

i am comfortable with my risk here - meanwhile:

Gulf Keystone Petroleum (LON:GKP) (BUY, 300p) (GKP, 203.5p, ▲ 1.24%) has released an update for its exploration and appraisal programme in the Kurdistan region of Iraq, including the Shaikan block discovery. Well testing continues at the Shaikan-4 appraisal well, targeting several formations in the Jurassic and Triassic with one well test performed so far and six further tests planned. The Shaikan-5 appraisal well is currently drilling at a depth of 1,008 metres after delays due to hole stability problems at shallow depths. The Shaikan-6 Appraisal Well has been drilled to 362 metres of the estimated total depth of 3,800 m. Output from the Shaikan-1 and 3 Extended Well Test facility stood at an average level of 2520 barrels gross of oil per day through late 2011 but had reached excesses of 4000 barrels gross of oil per day. This is due to increase with further upgrades of the facility.

GKP also provided news on the Akri-Bijeel block with plans of two exploration wells and four appraisal wells for 2012, although no commercial inflow of hydro carbons at the Bekhme-1 well. Additionally, the first exploration well on the Ber Bahr block is drilling at a measure depth of 2418 metres.

8m + now

nice ticks today

breached the 210 at last roll on 220 - excellent volumes :-))

yeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!

Halifax has a £3.95 deal on between 12 & 3pm so just topped up with afew more from rkh proceeds.,.

blimey thats good!! well done and gl

you know it makes sense :-))

now rkh ground to a halt for now and the potential argy problems and reversing i would expect more rkh'rs to switch to gkp :-)

we are flying - onwards & upwards rodders!!!

it surprises me slightly that there has been no further rns re sp movement, though no doubt it would still say "no comment"

probably

& 215 resistance is smashed :-)))) strong l2 225 here we come!!

its sad that i sold them off @ 208 :(

sorry to hear that shrusam - i just hope you sold at a nice profit to soften the blow - gl

fantastic buying pressure - and just over 1 1/2 hours trading left today...

kerrrrrrrrrrrchinnnnnnnnnnnnggggggggggggggggggggggggggggg :-)))

good stuff some more ii buying - another 100,000 @ full ask 217.75
here we go!!

relentless!! 220 shortly - looks like more rkh heading here!