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.

have it your way cynic

Why don't you squelch him? I did that two days ago. Still comes up in the thread list...

This is active.
2517

There is a link to a bid approach in media value GKP offer at $2.3bn?. Obviously don't know if true! They are currently valued at c.50m

http://www.moneycontrol.com/mccode/news/marketnews/ibu_index-php?storyid=293

Thanks for that lizard.
2517

That is some figure

RNS should be out soon.

Yes, it's a long way from it's current valuation -- it is the same co their talking about isn't it?
2517

The sp was down mid morning on a possible equity issue. (Fin. Times)
2517

something going on should issue a news release to clarify.

What about today with the rise!
Intraday chart


A lot of stories and some of... it is a hoax

heres the offending story .................

IOC-OIL joint venture eyes acquisition of Gulf Keystone

London (PTI): Indian Oil Corporation and Oil India joint venture is eyeing acquisition of London Stock Exchange-listed Gulf Keystone Petroleum Ltd for USD 2.23 billion.

Gulf Keystone Petroleum Ltd has operations in Kurdistan, Iraq and Algeria.

IOC-OIL joint venture has been in talks with the promoters, including two groups based out of Kuwait, investment banking sources here said.

The two have put a value of USD 2.23 billion for acquiring the company but the promoters are asking for substantially higher price, they said.

In New Delhi, IOC Chairman Sarthak Behuria declined comments on the issue while OIL Chairman and Managing Director N M Borah did not take calls.

Gulf Keystone is a Bermudian incorporated company with Gulf Keystone Petroleum LLC being the largest shareholder with 10.84 per cent.

TF Kozel and AA Al-Qabandi are both shareholders in Gulf Keystone Petroleum Co LLC and IOC-OIL are believed to have been talking to them.

Talks are still on and no agreement has been reached as yet, sources said.

http://www.financialexpress.com/news/iocoil-jv-eyes-acquisition-of-gulf-keystone/495564/

Oh Master, please tell us why it is a hoax. Surely GKP must issue a disclaimer?

halifax

You mus have the stock
Do some research and you will see, I am right

Oh Master please tell us why it is a hoax???

are mm's playing their games again? a few larger earlier trades shown at the close?

It's a hoax because he sold out at the low point lol.

The Company notes yesterday's press speculation and can confirm that the Company, Mr Kozel, the Company's Executive Chairman and Mr Al-Qabandi, the Company's Business Development Director are not in discussions with Indian Oil Corporation and Oil India joint venture about a takeover of the Company.

The Company confirms that it is contemplating a placing of common shares to raise additional funds for the Company's Kurdistan development programmes and a further announcement will be made in due course.
ctril

Got to love aim stocks.

I have a lot of these in relation to the size of my portfolio,... would have picked up some more if I could have.....it all depends on the drilling, but even if this well is dry there will be other opportunities in their acreage....some dramatic ups and downs to come....the shares might be ok but cfd's or spreads on this one...not so sure..l