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.

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.,.

All sold out now. Been a great run of late but the upside is looking a lot less attractive now at 450p than it was at 120p, especially with an Israeli strike on Iran possible any time.

Surprised?

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.

mes.com/site/topics/article.asp?cu_no=2&item_no=487611&version=1&template_id=48&parent_id=28

From the above article.

The oil majors eyeing up small and mid-sized producers with operations in the North—like Gulf Keystone Petroleum and Norway’s DNO—bet that Turkey could eventually agree to buy Kurdish oil directly if Baghdad fails to agree on a revenue-sharing law soon. Due for completion in 2013, Genel Energy’s planned pipeline running from its Taq Taq field surrounded by snow-capped mountains up to the main Iraqi-controlled one could easily be extended by a few kilometres to reach the border.

http://www.dinarrumor.com/showthread.php?34028-Vice-Awadi-a-secret-deal-between-Baghdad-and-Kurdistan-to-pass-the-oil-and-gas-law

wally27 - 20 Feb'12 - 10:39 - 166614 of 166633

post of the year by CJ on iii.....

I don't want to say this the wrong way- but someone high up in the US gave me the important info last month, so PI's had the opportunity to load up and make sure GKP did not accept a offer that was not fair and true value. Now people are talking of £17.00 a share- well thats still below true value. I did say American buyers were buying. Now the game as been set a light by TK asking for Pi's help. The Good news is a few of us were on the front foot a while back, and have put Pi's in a better position to get true value. Now read my post again and look closely at the figures, as Pi's are now a step closer to them, but to get their, Pi's need to hold and if Pi's decid to buy more, it as to be their decision and theirs alone. As GRH1 said, each share is worth double. Read the Below Again
CJ
The 19 billion dollar offer is there and after long conversation last night, it looks like it has been surpassed by another offer that is pretty well formulated and is 23% higher and this has the go- ahead it needs and only the Board and the KRG can stop it. Around 8 months ago, I put a figure on the value of GKP, based on what was known, that figure came from specialists in the US on a major exchange, where they look long term. The figure was $43.00 a share and posted on the KOEP board, that has now been surpassed and the specialists I mentioned above have re rated it to $61.00 a share. So confident on that first figure of $43.00 per share the Chinese used the information to line up GKP as their preferred option.
Where does this stand today, well the KRG and Board of GKP know the answer to this question, and it’s about time they were up front.
Where do we stand today, well moves have been afoot to get shareholders on side to accept a lower figure of around £ 8.30 a share to suit a particular company acting in concert with another , and the board may have accepedt this?.
Unbeknown to the Board, they were not expecting a higher offer to get the okay and defiantly not in the public domain,with approval at highest level from another other US Major, and that has had them doing their utmost to have the required percentage of share holdings to rail road through a lower offer than what is out there currently.
Well the field is open to US companies and 2 others, and there is 1 waiting on Shaikan 4 flow rates which are known to be well above expectations, but it could be other US majors have access to that info already.
Where does this leave investors, well it’s simple. There are some High Net Clients invested through Capital R Management and two other companies who are using different brokers worldwide to increase their holdings , but they face stiff competition from others who have the inside track and who are only buying to make a quick buck, and may have been enlightened on the turnaround time for a quick deal
Now will MG and other Financial Houses line up and accept the low offer, or will they and others be prepared to look at the whole field?
Unfortunately, fund managers have a role here and they need to be persuaded to stand back and think about their individual clients that are invested in their funds. Will this happen, I don’t know, but what I do know is some big players in the US are buying all the way up to $6.30 per share and may go above this.
" Now that is for them to decide, and in no way is a recommendation for anyone to buy. The buying of shares must be down to the individual who must do their own research and make decisions based on their own circumstances"
GRH1 has alluded to the flow rates out of Shaikan 4, and along with Dalesmann and Zengas, they both have put together information that shows just how much GKP should be worth per share.
Now in my opinion based on what I understand, PI’s have a role to play here, and it’s entirely possible to stop the lower offer from getting through, especially in light of what is known, and that is the $19 billion offer, and another that is 23% higher and been given the go ahead.
Keep in MIND the re rated figure of $61.00 per share and the figure of $43.00 a share, the Chiniese used when making GKP their preferred option, as these are very important for investors to focus on.

and why would you want to pay any attention to that verbose load of carp ..... it even starts with the give-away "someone high up in the US gave me the important info last month"!!!

trade cyril and increase your stock if nothing else.,.

Quite incredible....market cap of 3.5 billion pounds....or 5.5 billion dollars.....not sure what to do.....has to spike and down but when ?....

RF read the following from the CEO,ref to the Independent article over the weekend.


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.

Then bear in mind at the US presentation the SP was worth DOUBLE on what we know now? 280p at the time.

I think that this has gone past what it's worth.....danger is an EK short might be on the cards.....this is oil in the ground ......fabulous stock...the best I've ever held.....took some profits because I'm not sure....probably not the best thing to do....but the market cap is massive now....

BB,no way trade this stock,far better options out their.

cynic you don't have too,but my over time many have and made lots of money?

RF EK sold out at 180p- ish and admitted hr got it wrong,somehow i don't see EK big enough to have any effect on a £3.5billion company.