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.

.

Hary; after takinf a breather,sub 400p,it's back to 407p levels,womder what the
w/end close will be?

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Was doin a harry yesterday......wanted to buy at 360 but not triggered, greedy b.
wish i'd gone on and bought at 370.,. oh well.

Looks like another rough day here.

:)

Goal yep,only 13.4m traded,looks like pi's losing interest? I'll try to consol myself with an all time high of 411p.lol

Super stock.....might have to put this on a par with Microsoft and the likes of ASOS and a few others...

for the record, daily norm is 10m

wait for reality.

Hali, are you in this one??

Daily Mail

Galvanised by the BowLeven development, other speculative stocks in the seat-of-your pants sector took off. Continuing to respond to takeover speculation, Kurdistan focused Gulf Keystone Petroleum jumped 29.25p more to an all-time high of 411p. Exxon Mobil and Total have both entered the Kurdistan region and are said to be running the slide rule over GKP.


Read more: http://www.thisismoney.co.uk/money/markets/article-2102739/MARKET-REPORT-BowLeven-shares-surge-Dragon-Oil.html#ixzz1mg6EDzZP

Kurdistan Oil Rush: Total 06:51 01-02-2012

By:Decan Dana

With the ushering of global oil giant, ExxonMobil, to Kurdistan to begin oil exploration, everyone had their doubts to whether problems would arise that could jeopardize their entrance into the Kurdish oil arena caused mainly by Baghdad. With hiccups along the way, the deal went through relatively peacefully thus opening Kurdish oil to potential ‘Big Oil’ firms to work within the boundaries of Iraqi Kurdistan.

Months after this deal went through, and to that Exxon slowly setting up shop in Erbil, major petroleum companies have taken a keen eye to what Kurdistan has to offer. Former BP CEO, Tony Hayward, stating that Kurdistan is, "the last big onshore easy oil province available for exploration by private companies." Statements such as that can only induce petroleum companies to get their hands on the oil as soon as possible. Within the last week, it has come to be known that Total, a French major oil company, has also set their sights on Kurdistan and are in discussion with the KRG to finalize a contact to explore within the Kurdistan region, although the contents of the deal have yet to be announced to the public. Rumors are also spreading that the KRG has been in contact with Chevron and ConocoPhillips, just two more major international oil companies.

These deals are certainly a good indication that Kurdish oil and gas are potentially lucrative, enough so that the major oil companies are willing to go head-to-head in Kurdistan to obtain as much land for exploration as they can. With statistics showing Kurdistan to hold 45 billion barrels of oil and an estimated gas reservoir of around 3-6 trillion cubic feet, according to the KRG minister of Natural Resources Dr. Ashti Hawramy, Kurdistan can be ranked in the top 10 oil countries with it being placed in 9th position just behind Libya while ahead of Nigeria. Statistics like these do not go unnoticed to Big Oil companies, Total being the next in line to reap what Kurdistan can offer.

With more information set to be announced in the coming weeks on Total’s contracts with the KRG, one can only look forward to the possibilities of their emergence into Kurdistan. With Total close to a deal, is the possibility of Chevron and ConocoPhillips introduction into the Kurdish petroleum arena set to arrive soon? So far it is only rumors and speculations but what is clear is that their intentions in playing a role in Kurdistan are apparent. With Baghdad taking a sideline in Kurdish oil affairs, for now, the path is open.

Mirabeau - 18 Feb'12 - 06:55 - 165969 of 165985


http://www.guardian.co.uk/world/2012/feb/17/us-officials-iran-sanctions-military-action

http://www.independent.co.uk/news/business/news/oil-group-plots-elevation-into-ftse-100-index-7166384.html


Gulf Keystone Petroleum (GKP), the fast-growing oil group, plans to move to the main board of the London Stock Exchange in April.

The Iraq-focused oil group, which is currently listed on the junior Aim-market, has long targeted a move to the full index, though the timing has not been certain partly due to share ownership issues.

However, the one-time minnow's growth has been so extraordinary in the past two months that GKP would comfortably qualify for the FTSE 100 blue chip club.

Todd Kozel, GKP's hugely colourful executive chairman from Texas, told The Independent on Sunday: "We're not that little kid in short-pants anymore, it's time to move to the full list. We're working on it [a full listing] operationally, internally, administratively and I'd like to have this done in April, maybe May."

Mr Kozel, inset below, said the recent rise, which has seen the price climb from 128p at the end of October to 411p at close of play on Friday, was due to the "world waking up" to the vast oil reserves GKP possesses in the semi-autonomous region of Kurdistan in Iraq. This increased share price values the company at around £3.5bn.

Institutional investors' interests have been piqued by widespread speculation that bidders are circling GKP. US giant ExxonMobil, which has bet heavily on the region, has run the slide rule over the company, with rumours suggesting that Chinese giant, Sinopec, has also mulled an offer.

A leading investor said that the huge level of recent interest in the shares was partly down to institutions looking to sweep up shares ahead of GKP joining, at least, the FTSE 250. More fund managers have looked to take shares once they realised that it was likely to be a FTSE 100 company.

However, Mr Kozel said that he hoped that small private investors, who speculate feverishly about the company on online discussion forums and some of whom have risked their life-savings on GKP, would not be squeezed out by the big City firms.

"We have plenty of blue chip institutions invested in us already, why shouldn't the private investors stay as well? What's the difference between them and the blue chips [to the final share price]?" he asked.

Leading City investors have held private concerns about GKP because of confusion over Mr Kozel's ownership of the company, which is held through a series of trusts. These were partially unravelled in his divorce of Ashley Kozel, which was finally settled last month and also entertained the City with evidence that he gave about strippers in glamorous nightclubs.

Mr Kozel laughed about the details of his personal life, revealed in these pages last year, but added: "GKP is evolving quickly, creating value quickly, and is noth-ing short of a world class asset."

From the above.

However, Mr Kozel said that he hoped that small private investors, who speculate feverishly about the company on online discussion forums and some of whom have risked their life-savings on GKP, would not be squeezed out by the big City firms.

"We have plenty of blue chip institutions invested in us already, why shouldn't the private investors stay as well? What's the difference between them and the blue chips [to the final share price]?" he asked.

http://dalesmann.com/grh-your-company-needs-you/

445p now on offer,the undeoedents article has really excited Pi's?

Hitting 465p.

Settled down now,still 430p is not to be sneezed at.

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sold a few....will buy back in the 300's.,.