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.

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."

Up late(MondaY,Monday night)missed the gap being filled,still now thats cleared,onward and upwards? GENL released BB results on Thhursday.

.

Morning Folks,

Not posted before but I’ve been lurking in the shadows watching and reading all the posts for quite a while. For the avoidance of doubt I am a holder.

I worked in the City in M&A in the 90s and noughties and so have a little experience with this kind of activity. I realise I am stating the bl**ding obvious with what I will say but the sole purpose of this post is to promote thought and consideration by shareholders before giving up their valuable ‘vote’. I use the word vote purposely !!

I truly believe we are being watched not just by Exxon or Sinopec but by a number of predators and they’re each just watching and waiting for the other to blink. By blink I mean make the first move by way of an offer and I fully expect that offer to come imminently.

First mover has the advantage of weeding out weak holders who do not understand the true intrinsic value of the company in which they are ‘voters’. If they weed out enough’weeds’ then they will build a significant enough position that their offer will be railroaded through. However, if they don’t, whilst their offer still stands, they are then out of the game for a period of time and leave the way open for ANO to make another offer and give that new bidder chance to collect enough ‘votes’. This process continues until the magic 50.01% of votes are collected !!

Remember the rules and regulations of a bid (and I enclose the link for those that are struggling to sleep at the moment – http://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf ). These are appropriate to AIM too. Once a bid is made public, the bidder must honour their bid !! Have confidence in the fact that once a bid is made that price as a minimum is yours - it’s simply a matter of time as to when you get it !! It can only go up from that point. Be patient – Warren Buffet’s mantle of the stock exchange being a mechanism for transferring wealth from the impatient to the patient is so very apparent in this situation.

Todd is only too aware of this situation hence the call to arms of the PIs in Sunday’s press article and backed up deafeningly with the RNS yesterday which was so very important because of what it didn’t say rather than what it did.

You invested in your company with Todd and his merry men at the helm – have the confidence in them to lead and advise you now. They will tell you when they feel the time is right to accept a bid. Until that time hold onto your ‘votes’ with every bodily part you have and with all the strength you can muster. I believe that if we stick together and all do this then we are in for life changing returns !!

Yours with great expectations

Saes

.

21:05
Whats Fair Value
Chicago Jack
39
I would put my hand on my heart and say this.

BBB's as gone to painstaking lengths and time consuming work to lay it out for Pi's free of charge. Pitts as posted for a long time on key points and has as good as knowledge of Gulf Keystone as anyone can having been invested many many years.
GRH1 as put up images , laid posts such as Shock and Awe. the Prize.
Dalesmann continues to bring to the table is indepth research and figures weekly.
Scara lays eveything out and backs it up with thorough research.
Zengas as shown every major take over and how its derived at .

Read leesllibob post of last night- here we have someone on the ground- who knows.

Anyone doubting BBB's figures must want sending to the funny farm. BBB's work as many top oil execs purring in awe of his superior knowledge and they only wish they had such experience on their side.

Now you can trust these posters who always bring the goddies to the table and say simply this. No No No we want fair value, as we have been here since the start and the Johhny come lately's can not be allowed to see us short in search of a quick buck, the KRG risk damaging their Oil economy if they short change and shaft Pi's who are invested in Gulf Keystone Petroleum just to get thier preferred company taking over Shaikan

I think the above is compelling evidence to hold out for a minimum £17.00 per share.

Their are Majors with big wallets who want a shot, and the Chinese, its just a matter of telling the KRG you can move the goal posts around to suit who you want. I say TK get the news out on Shaikan 4 and other news, sod the consequences as their is nothing to lose

CJ

http://uk.advfn.com/news/UKREG/2012/article/51294305

OH YES...back in at 398p, more shares and profit.,.