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.

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.

No.....of course not but he has followers.....I reckon that a lot is in the sp already...but with this share who knows.....I might have to come back in .....just not so sure now....

Well i bought more this am at 423.5p,after it settled down,looking to sell a load sometime soon to taking my CGT years allowence,but not wishung ti be out,i'll take out a spread bet to cover any shortfall.
If you believe in the amount of oil,they will be bought out for a lot more,then why sell and risk being out?? No loss/gain until one sells,so the up and downs are all part of the
norm,with as the CEO states getting full value at the end game?

425.25P Finish,not bad.

Now here's a quality poster,knows the market well.


No 80 in the FTSE is no mean feat

To expect any purchaser to embark on a purchase procedure without doing the most extensive/exhaustive DD is laughable
This requires the active participation and approval of both the GKP Board and probably the KRG
Now it is certainly possible that a party/parties have raised the issue with the KRG

What we do know is that they have not(yet) got that far with GKP

The opening of the AB data room has taken place
NDAs have been signed/are in the final negotiating process
Peralla W have been brought on to the team to lead the valuation of the whole of GKP and to enable the Board to handle the serious approaches for the WHOLE Company

That is where we are
Some two/three months away from a transaction

In the meantime GKP have time to enhance the OIP numbers, get the listing completed and hopefully realise some value on the AB transaction

http://uk.advfn.com/news/UKREG/2012/article/5126933

The interesting thing about the RNS is it only refers to the timing of entry to the main market,ALL THE REST STANDS.

MARKET REPORT: Max Petroleum gushing aheadBy Geoff Foster

Last updated at 10:00 PM on 20th February 2012

Comments (0) Share
Mad Max Petroleum was the red hot speculative stock as the slick oil sector continued to blaze a trail on takeover hopes.

Also helping the bullish mood was the strong oil price, which surged to a nine-month high above $121 a barrel after Iran said it halted exports to British and French companies ahead of a European Union embargo starting on July 1.

Shares of the Kazakhstan focused oil explorer gushed 3.25p, or 29.55 per cent, to 14.25p on rumours of a possible £354m or 35p a share cash bid from the bigger Zhaikmunai (0.1p dearer at 11.4p), which is based in north-western Kazakhstan.


Max’s share price got ahead of itself in 2007 and touched 200p-plus on hopes for substantial upside in Kazakhstan. But bulls didn’t take into account how long it would take for its projects in the area to bear fruit, while the credit crunch made the funding of its projects extremely difficult.
The shares have rallied from a bombed-out 52-week low of 2.6p as more optimistic news of its operations in Kazakhstan has prompted growing speculation that a major would come along and swallow the company at an attractive low price.

Gulf Keystone Petroleum gushed 14.25p more to an all-time high of 425.25p as speculation intensified that either Exxon Mobil or Total would soon launch a knock-out cash offer for the Kurdistan focused oil company. Up for sale Cove Energy advanced a further 7.75p to 156.75p on Anadarko bid hopes.
More...FTSE CLOSE: Greek bailout hope and rising oil prices help drive market up

Cameroon-focused oil company BowLeven, which soared 62 per cent on Friday following a bid approach from Dragon Oil (16.5p better at 563.5p), touched 138p but was then hit by profit-taking to close a penny off at 119p.

Nautical Petroleum advanced 18p to 352.5p as buyers responded to a WestHouse Securities strong buy recommendation and target price of 550p. Reflecting the strengthening oil price, BP traded above £5 for the first time since the Gulf of Mexico oil spill disaster. It touched 503p before closing 10.3p higher at 499.25p. Tullow Oil jumped 35p to 1601p.



Read more: http://www.thisismoney.co.uk/money/markets/article-2103890/MARKET-REPORT-Max-Petroleum-gushing-ahead.html#ixzz1myF2PrlN

'TK's comments to Mark Leftly.Bigtime negotiators to handle the TO.Welcome to the room full of clues,and here is the key to the room full of clues.Hold on PI's.Don't take a profit that is small on the biggest opportunity you will ever see.I am directing you to an old post and reiterating what I told you before because you can't afford to CHEAT YOURSELF.

Very simple here it's not "rocket surgery"(I did mean to say that) I am not willing to sell my interest in GKP for 8 pounds when it is worth more.
Hey the Robert Kuoks and Li kaShings of the world can take that quick profit and move on to their next investment.They have "friends" who are always bringing opportunities to their attention but for the average everyday GKP investor this is the best opportunity that will find it's way into your portfolio.You can't afford to 'settle for less ' because this is the big life changing opportunity you were hoping for.Reject any lowball bids and make it clear.Another dance partner is looking on.

Some time ago I posted that 17.4024 was what I wanted.I know these assets are worth a lot more.Why in the world would this BOD, who also know the value of 4 properties all of which have hit oil , suggest I take less?Reread this post in light of the suggestion that we 'settle for less':

**For two years I have been telling people to get on board.Mostly PMCs working in Iraq.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=52786&tid=180&mid=180&tof=27&fr

Funny isn't it.Pre BBBS fill to spil,Dalesmann"s Blue Sky I was posting on this Yahoo sight nobody reads about the size of the oilfields.Across our fields and spilling over west and south a field so deep that when the drills finally prove it up we would be looking at the biggest find in 30 years.This GUKYF sight gave me the chance to bring on board a lot of regular working stiffs who would never be in a position to find an investment that would change their lives.

Casinoworkers in Atlantic City who had no concept of how they would fund their retirement.They could go to this sight watch TODD TV and even if their English wasn't good they were ready to invest.Since September09 I had done something I had never done before and that was getting non stock investors into stock.From 1.09 till today I've had peoples trust that I was bringing them along.

And I am.

This is the big dream come true.For a lot of regular people who go to work each day and can only hope that the grind of everyday existence will improve.And I'll be damned if I'm gonna sit back and watch them get short changed.Talk of 10 pounds per share may suit the Robert Kuok s and Li ka Shings of the world but thats not who I got involved.I got Sabido involved-he is a Salvadoran former army now working at a field next door privately owned,as a defensive marksman.He has 4 kids a home in El Paso and a dream that GKP will be his vehicle to a better life

I got Dom and Bobby in.Two white collar workers who have been hoping and dreaming for 2 years.

I got Marcella in.She is a casino floorperson who never had a chance to think about her retirement.She had been caring for her sick mother for years and this is her retirement.I know a lot of people I got involved and I don't want them cheated.

How much oil is there.Over 100 BBL throughout all 4 properties .GKP knows KRG knows,EXXON knows.Sinopec knows.And you all should know too.

I posted this on the other board today but figured posting it here was a waste.The people working the hardest to make 10 pounds palatable all live here trying to convince you to settle for less.I'll be damned if I will

The Board of directors pay attention.I inquired previously about becoming a non exec director and my Curriculum Vitae was not what would serve the company well.They were looking for highly respected individuals with a skill set that would suit the position;not make peoples hair stand on end.At this point I can safely tell the BOD any offer BELOW 17.4204 pounds should be considered a hostile offer.Unacceptable.I know I speak for a large number of people .

Any offer below this is an attempt to cheat me out of my well deserved profit.Recent attempts on these boards to justify a quick acceptance of much lower per share takeover bids are an insult.Todd take Tillerson to some tittybar and get the money.

Anybody who is amenable to a lower price due to the current share price needs to re-evaluate.This includes Chevron because if they attempt to steal this company with a lowball offer they DESERVE to watch another company steal the bacon.

Recently Gramacho covered the SPE Conference Report attended by oil engineers.These engineers are measuring the size of the oil fields and trying to get a handle on the recovery factors and finally get a picture of what the FEED will look like.Seems the recovery factors will be better than expected .In areas where the communication between wells could be measured these wells showed connection.In areas where testing did not show connection JG was unconcerned. I believe he pointed out the fracturing was conducive to long term flow without loss of volume.You can see where I am going.

Exxon's reservoir engineers will be interested in how much oil is present,the mechanism they will use to displace it(obviously water has been chosen)the recovery factors and and the number of wells Shaikan can have in action. Valuation of this asset by the people involved will be scrutinized by the shareholders and many oily investment analysts.So for the people involved focusing on the relevant aspects is critical to their career advancement..The executive who tells his BOD"we gotta outbid Sinopec,they have been out here since 2010 justifying the funds necessary to get this field(you know,guys like Wang Zigang) and they could set us up for future embarrassment by 'stealing the bacon'before we move on it.At no point in the engineers appraisal will they discuss the share price fluctuation,bulletin board expectations,fractal patterning,position on the Elliot Wave,support levels or Fibonacci lines of resistance. They are not day traders or hedge fund managers intensely involved in trading stocks,they are involved with the Monte Carlo analysis of oilfield exploration. Only hedge fund managers traders and people who are interested in a quick turn over would be willing to give away this prize.
No doubt about it 10 pounds is not the right price. 8 pounds ain't even close.The people who would sell for 5/7/7.5 pounds need to ask where short sided thinking has put them.

Obviously the Canadian EP pro Nobletrader is getting his info from a boss who is tight with the KRG powers that be.He has been busy encouraging the PMCs and security people in country to invest in the oilfields in front of them.Everybody in Kurdistan can see how these oilfields will change the future of the province allowing the people there to write the script for a happy and prosperous future.

Don't be MUP PETS .

PS if you go to the Yahooo post you will see me mentioning the size of the oilfield years ago.It encompasses three of the four properties Shaikan,Sheik Adi,and Behr Bahr.GRH and Bobobob are not the only guys with access to satellite imagery to examine the terrain.I have mentioned to GRH that I have more faith in the Crystal clear capabilities of some of my partners in crime and they feel their infrared analysis can "look underground" and give an accurate picture of what lies below.Saddam couldn't hide his bunkers.Iran can't hide their "underground installations''. TK can't hide his oilfield , the extent the length the width and by using other available tools even the depth.

It is so convenient having the Kirkuk field nearby to compare.Looks like Shaikan is very similar.

So when Sinopec runs the slide rule over this monstrous asset ,that they have been interested in for years,sit tight hold on and don't be afraid of becoming wealthy'

(thanks to Leeslilbob on iii)

Not long to go for news on Ber Bahr.....

"Genel Energy plc will be hosting a Capital Markets Day presentation in London on the afternoon of Thursday 23 February 2012.

Tony Hayward, Chief Executive Officer of Genel Energy will deliver a presentation on Group strategy and set out milestones for 2012. There will also be operational, pipeline and exploration updates following the first 90 days since the Genel Energy listing. Other members of the Group's senior management will also be present.

A live webcast will be available on our website (www.genelenergy.com) on the day, and will be available for download with the presentation from the day shortly afterwards."