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.

3M + already :-))))))))))))))

in the blue

another yeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaa day ahead!!!

3.5M

4.5M and strong buying - this is good

but very difficult to know how much of that is aggressive day-trading

analysing at the moment - but trending up - noted a lot of auto sells being triggered as required at 270 but that will pass soon

7M + only just over half hour gone!!

Holding up well so far.....

http://www.thisismoney.co.uk/money/markets/article-2084938/MARKET-REPORT-Gulf-Keystone-billion.html?ito=feeds-newsxml

MARKET REPORT: Gulf Keystone is one in a billion
By GEOFF FOSTER
Last updated at 12:08 AM on 11th January 2012


Surely its got to be a first. An AIM market stock with a market value of £2.28billion. Step forward Gulf Keystone Petroleum. Shares of the oil explorer gushed to 319.94p in hectic trading before closing 45.75p up at a 52 week high of 266.75p as takeover speculation intensified.

More than 48million shares changed hands after the company announced it has reached an agreement over options at two of its sites with the Kurdistan Regional Government (KRG).

Gulf Keystone also revealed that its partner Genel Energy has estimated that the Ber Bahr block could hold resources of 1.5billion barrels of oil equivalent-initially-in-place. With Gulf Keystone sitting on a world class discovery of oil, its days of independence surely must be numbered.

Exxon Mobil, the world’s largest energy company, signed contracts with the KRG in November for six oil exploration blocks. It was seen as a massive vote of confidence for the area and sparked speculation that Exxon would soon hoover up any attractive quoted company active in the Kurdistan region.

Punters therefore responded eagerly to revived gossip that Exxon is lining up a knock-out cash offer for Gulf Keystone, which if it continues to trade in a northerly direction could be the first AIM stock to be big enough to gain promotion to the Footsie.

If it ever did join the elite, it would then rub shoulders with insurance giant Aviva, which itself was the subject of revived bid chatter.

Well GKP themselves have already said it is very likely they will be taken out at some point for either some wells or the whole company - the latter is the definite favourite - sinopec are in the middle east next week and chatter is they may very likely be calling in at gkp!!! :-))))

very strong buying should move to the 270 - 280 range soon then???

The former describes having a few pints of beer......will need a bit more than that to force them into selling out !....

lol rf - 1 hour gone 9.5M traded majority buys by a mile - NICE :-))

'ere we go

yeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaa

and over 7 hours to go!!!

300p today seriously.

300p today seriously.

very strong north trend!!

definitely maybe more

going mental!!!!