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.

.

not too surprisingly, sp has pretty much gone to sleep after the exertions of the last few days .... accordingly have banked a slab but am still distinctly but comfortably o'weight ..... if sp slips back far enough (not sure to where), i'll re-buy

Not sold any, still stake building going on. The share price will soon in the coming days have another blast upwards..........

possibly, though equally there may be some selling prior to w/e as peeps bank profits

2 large trades after the bell.110k and 200k,helping to push trades fir the day to a mere 12m+.

norm is 7/8m from memory, so therefore heavy but not ridiculous

From iii, don't know who this guy is, but intriguing...

15:38
Across the Pond eastcoaster23

Thought I would join the fun! Love this board and Really love this Share!
So here is what I have to add, I trade threw Pink (OTC) I spoke with a large Broker firm in the U.S after I was trying to do a trade States side on GUKYF there was some a confusion at the time and they got back to me and told me that there was a corporate action in place? Name change ? Share Split ? Never confirmed with me as they where not sure or as I thought they said to much Or just didn't know this, was just b4 the turn of the NY and Boom up she goes! What I think is it's done deal and politics are playing out And Lawyers in place All about the timing now but will keep you up to speed across the pond! GLA See at the T/O Party!!

load of bollocks!

Probably,but in the US side trading at 284p.

http://af.reuters.com/article/energyOilNews/idAFL6E8CC66B20120112?pageNumber=2&virtualBrandChannel=0

From page2,

As well as the deal with Exxon, the KRG was in talks with other oil majors and expected further such deals to be agreed in the next few months.

no doubt, but in the meantime, lots of share fluctuation that can be traded ..... for myself, i have both gkp and afr, and much heavier in the former.

http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AGKP.L&threshold=0&it=le&action=detail&id=9155322

http://af.reuters.com/article/energyOilNews/idAFL6E8CC66B20120112?pageNumber=2&virtualBrandChannel=0

INTERVIEW-UPDATE 1-Iraq's Kurds see Exxon deal on track, no obstacles

Thu Jan 12, 2012 5:39pm GMT

* Kurds propose amendments to draft oil and gas law (Adds details, quotes, background)

By Jon Hemming

ARBIL, Iraq, Jan 12 (Reuters) - Exxon Mobil Corp's deal with Iraq's semi-autonomous Kurdistan government to develop six exploration blocks is on track and there are no obstacles to it proceeding, the region's Natural Resources Minister Ashti Hawrami said on Thursday.

The U.S. company became the first oil major to move into the northern Kurdish region in mid-October when it signed an agreement with the Kurdistan Regional Government (KRG).

The Iraqi oil ministry then said the deal was illegal and could result in termination of Exxon's contract to develop the major West Qurna Phase One oilfield in the south.

Iraqi officials later said they were considering sanctions, although they have since remained largely silent on the issue.

"The deal was signed on October 18. It is binding and everybody is working towards that. It's normal, just like any other contract we have with any other company," Hawrami told Reuters in an interview in the Kurdish capital Arbil.

"In the field of exploration, there is a lot of work to be done in the planning and preparation and so on. It only happened very recently so it is early days," he said. "There is nothing standing in the way of this."

Exxon has not commented publicly on the agreement and Iraqi oil officials say the company has not responded to their requests for an explanation.

The deal heightened tensions between Baghdad and Arbil, which have long-running disputes over oil and land, as U.S. troops pulled out of Iraq. Territories disputed by the Kurds and the Arab-led government in Baghdad are considered a potential flashpoint in Iraq.

As well as the deal with Exxon, the KRG was in talks with other oil majors and expected further such deals to be agreed in the next few months.

"If you're talking about the super majors and majors we have some of them like Marathon, Repsol, OMV etc. working here already. More recently Exxon Mobil came in," said Hawrami.

"If you're talking this size companies, then yes, we are talking to a number of them and we think the next few months will lead to some further deals," he said.

"But also some of these companies are looking at acquisitions and consolidations. The market is very buoyant ... we are talking to oil companies and they are also talking to each other, so the situation is very dynamic."

Confidentiality agreements prevented the ministry disclosing which companies were involved in the talks, but, Hawrami said: "When the deal happens we will announce it."

At least one of the six blocks assigned to Exxon lies outside the present formal borders of the KRG, in areas whose control has yet to be agreed by Kurdistan and Baghdad.

As far as the Kurds are concerned, the areas are not disputed but are under KRG control and the Baghdad government should agree to hold a referendum in those areas, delayed since 2007, to resolve the issue.

In any case, Hawrami said, any revenues from the blocks would be shared with the central government, so it should not be an issue.

As much as a third of the oil extracted in northern Iraq is refined locally for domestic use, partly due to late payments from Baghdad for crude pumped into the major pipeline to Turkey, and partly because it reduces the costs of producers.

The present situation was neither in the interests of Baghdad, nor the KRG, he said.

"We would probably get better value by putting everything into the pipeline for export, but then there would have to be a guaranteed payment to actually make sure this works economically for all sides," he said.

Production is expected to reach 1 million bpd by 2015, he said.

At the heart of the issue was the lack of a national oil law to govern the distribution of oil revenues. At present, revenues are pooled and distributed according to population. Kurdistan gets 17 percent of the revenues.

The new draft oil and gas law has faced years of delay. Its adoption has long been considered critical to the success of Iraq's rapidly developing oil sector, although Baghdad has signed multibillion-dollar contracts with global oil majors despite antiquated legal safeguards

Iraqi Prime Minister Nuri al-Maliki and KRG Prime Minister Barham Salih agreed during talks in Baghdad in October that by Dec. 31, they would either amend a 2007 hydrocarbons law as agreed by all political factions or adopt the 2007 law as is.

But by the end of last year, neither had been done.

"We sat down and did our own review of the 2007 law and the parts we would like to see changed. We sent that back to the office of the prime minister and the (Oil) Minister (Abdul-Kareem) Luaibi and we sent it to parliament in Baghdad highlighting our views," said Hawrami.

"We invited the Ministry of Oil to do the same, so as far as I know the process is back to the parliament, so we'll see."

In the meantime Iraqi Kurdistan is developing its resources and the capability to export crude to international markets.

Hawrami said the KRG was close to completing a $400 million deal with Genel Energy to build an oil pipeline to link its Tak Tak oilfield with Iraq's export pipeline to Turkey's Mediterranean port of Ceyhan.

"Already we are very close to signing our first agreement on a pipeline in Kurdistan to carry about half a million barrels a day and then to expand the capacity to 1,000,000 barrels," he said. "In fact it's been approved - it's more of a question of finalising it within the next week or so."

Genel declined immediate comment on Hawrami's remarks. (Reporting by Jon Hemming; Editing by Jim Loney and Anthony Barker)

Tender for 500K bopd pipeline and option to add another.

12th January 2012
INVITATION TO BID
TENDER NO.: GKPI/SH/2012/ 075
EXPORT PIPELINE MATERIALS PROCUREMENT
Gulf Keystone Petroleum International Ltd (GKPI) is pleased to invite your Company (Bidder) to submit a Bid Proposal for our TENDER NO.: GKPI/SH/2012/075 – Export Pipeline Materials Procurement, for the Shaikan Field Export Pipeline Project, Kurdistan, Iraq. The scope of work shall include, but not limited to, the manufacture and supply of 122km x 36” diameter pipeline, designed to a maximum operating pressure of 95 bar (ANSI #600 system), which shall provide an overall pipeline capacity in excess of 500,000 bopd. An option to provide an additional 122km x 36” diameter pipeline is also required.
A follow-up invitation to bid for our TENDER NO.: GKPI/SH/2012/076 – Export Pipeline Site Construction & Installation, for the Shaikan Field Export Pipeline Project, will be issued shortly.

500K bopd + option for another 500K bopd pipeline.

Looks to me like someone is going to make a bid for GKP's share of the Shaikan field as the minimum, perhaps the whole company at top level.

This would tie in with rumours of 900p a share (which would be someone like Exxon taking Shaikan and allowing GKP to continue with their other prospects) and then rumours of 1400p or more, which would be a simple total takeover of GKP.

Gibby - How does it go????????
YeeeeeeeeeeeeeeHHaaaaaaaaaaaaaaaaaaa!!!!
KKeeeeeerrrrrrrrrrcccccchhhhhhiiiiiinnnnnnng!!!!

ditto that adacol :-0))))))))))))))))))))))))))))))))))))))))

Sat on hands first thing as panic set in when seeing sp go to300p want to buy back what I sold yesterday.......hope it comes back to normal around 9ish

:) Lovely

Can it break 300p today..?