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.

Fairenough lol, here's a post by the well respected Zengas and ties in with my thoughts ,along with some unteresting about computer trading.
Off out,the dog(gracie)awaits.


The thread is running at 5-700+ posts a day. There's not much else to say that has not been said over and over. We have been in this situation before umpteen times. I'm waiting solely for the end game here now and expect a bid. We all know where GKP are at in terms of moving the Shaikan field towards development and i expect a deal of some kind to emerge soon.

An interesting piece in the Mail on Sunday ((Feb 26th) about hedge fund trading and the number of funds whose decisions are completely generated by computer with AHL being the biggest computerised hedge fund in the world - who knows what your up against in the short term though a computer can't predict what a companys' next move is (bid etc) but fwiw we've had these pull backs from highs before and i see it as all part and parcel to the end game without having to watch every single day from market open to close. I don't beleive the buying and volume that pushed us to 450p was the work of PIs.

"...........a bid can come out of the blue,then it'll be too late." And if it doesn't, the sp will drift off to it's comfort level either side of 300p.

a good politician's comment, harry ..... hedge all bets and then say "told you so" after the event

Not at all. This stock has been hyped for years on just about every discussion board going, with a fair smattering of 'experts' and is one of the few stocks, imo, where investors are in danger of believing thier own hype and the hype of others. I was just replying to Cyril's comment for balance!

exactly how a politico would respond! :-)

LOL....The epitome of diplomacy I thought! ;o)

Harry ask yourself,is their oil,how much and what's a fair value?The answers are,YES(producing 10kbopd),many billions as reported and then put a figure on what a barrel of oil's worth in the ground P(2).
We'ra soon to get an independent accessment of SH4's reserves,Tony Haywood(ex BP CEO)stated it has the potetial to be a MAJOR OIL FIELD.

http://www.fdcap.com/media/440474/gkpflashnote08november2011.pdf
http://www.fdcap.com/media/460822/gkpflashnote21november2011.pdf

Also JohnG the COO,mention at the US presentation,that we were worth double(280p)
om what we know now.

http://kojebee.wordpress.com/2012/02/26/stock-picks-update-2/


Fu Chengyu is the Chairman of Sinopec

http://www.chinavitae.com/biography/Fu_Chengyu

Starting to heat up again on the latesrt info/rumour,another piece of news cpming via the bb,is RMS being worked on from a couple of days ago and someone asked the question and was told by the end of the month,but would not confirn tomorrow.

http://www.oilgasdigest.com/2012/02/28/oil-the-place-to-be-as-bid-rumours-abound-amid-the-explorers/

from the uva side



20:57


Re: latest from ebril


mansooreo

hi All,
Just heard word that we are close to filling the 3rd non exec director position. No word who it is or his background from my friend just yet.

The type of thing that you believe when it happens,but ine can live in hope?

raqidinarnews.net/blog/2012/02/28/member-of-iraqs-oil-and-energy-committee-next-month-oil-and-gas-hcl-law-will-be-presented-to-parliament/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=DTN+Iraq:

traidemark its in the story on Bowleven....

Setting aside the shrill insistence in some quarters that other potential predators were circling Bowleven, the hot money instead flooded into Gulf Keystone Petroleum, 14¾p higher at 356¾p. Again, there was speculation of an imminent offer, pitched at a terrifically generous-sounding 700p a share, for the explorer focused on the Kurdish region of Iraq, purportedly from out of Hong Kong. Not for widows or orphans, this one

So the times believes it's a terrifically sounding £7 a share offer,but for who?

This from a poster who gave out info just prior to AB being announced,make of it what you will.

ingerspiet - 29 Feb'12 - 02:17 - 172172 of 172176

All im saying is forget the sp now it is going up up up long term, i happen to know one of the sons of one of the directors in gkp....... he told his own flesh and blood @400p put all you can in!! So stop worrying about day traders and let the rns's come out

Cyril, do you actually believe that? I know you want to believe it, but that could have been posted by anyone for any number of reasons!

Harry 1stly the Times article is consistent with the Independents (of a bid that is),so i believe is their will be an offer somewhere down the line. And yes your right to wary of such posts,but his only previous posts back some 2 years ago.



fingerspiet - 27 May'10 - 12:18 - 16492 of 172173

My good friend is the son of one of the non exec directors and he has just told me they have an oil find to be announced shortly.... target 200p

Followed by.
---------------------

23 June 2010

Gulf Keystone Petroleum Ltd.

("Gulf Keystone" or the "Company")

Operational Update - Bijeel-1 Exploration Well

Well Results Yield Drilling Delays but also Resource Improvements at Shaikan

Gulf Keystone today reports an update on the Bijeel-1 exploration well operated by MOL subsidiary, Kalegran Limited.

The Bijeel-1 exploration well has encountered more than 400 meters of potential hydrocarbon bearing interval between 3646m and TD at 4383m. Kalegran evaluated and tested the top 30 meters of the zone at rates up to 3200 bopd, as reported on March 9, 2010, however mechanical problems were encountered when testing and evaluating the remaining 370 meters. This has necessitated a sidetrack and re-drill of the lower portion of the well to fully evaluate and test the remaining intervals, which is expected to take up to eight weeks to complete.

Consequently, drilling of the Shaikan-2 appraisal/exploration well, which is to use the Weatherford 842 rig currently on location at the Bijeel-1 well, will be delayed. The Shaikan-2 well is now expected to spud during the third quarter of 2010.

The Bijeel-1 exploration well has provided water pressure data which, when taken with data from other wells in the area, has favourable implications for the Shaikan structure. The data would appear to support the concept of a regional aquifer which underlies the Shaikan structure and that the hydrocarbon-water contacts in each reservoir are substantially deeper than the lowest known hydrocarbon depths, as determined from log data.

Harry i'd be interested to learn what it is you don't believe,apart from any hype? The info is their,not spec concerning the Shiakan field and AB is up for sale +SA +BB.