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.

Taken from the above.

The public announcement that it signed production sharing contracts (PSCs) with the KRG, allowing the company to explore and produce oil in six fields throughout the Region came on February 24.

bloody hell; see this traded as low as 218 during the day ..... glad i was on the golf course

Dont worry it will most probably rise 20p tomorrow.

Typical, leave this one in your capable hands cyril whilst I go out and earn a crust for a change........and look what I've come back too.,.

what a day! expect early rise tomorrow then more south imo
gla

you cheerful b***er.......lol

markets will be heading south for sure

Sorry i did my best?
harry gave us the info on Monday(ref to EXXON),always going to drop as a result of it.

DJ down 200pts,so not looking good for shares in general.Of course if(which i doubt)we have a RNS of good news,then ?

a somewhat cheerier start to the day than i expected, but GKP is still looking very fragile

Wher have all the positive vibes got to ?.....in the space of a week, the two month climb for a lot of shares has retreated back to diddly squat !....

there are siren calls to try to catch the knife, but common sense don't even think about it ..... i think there's a lot of positions being closed, willingly or not as the order book is still skewed in favour of the offer

yep lots of cfds closed or being closed does not help

baler lol!

Good post from iii

Only Watch Shahristani
Barney71255
8

I have posted before disconnects within the ICG. Luiabi the oil minister was positive about Kurdish contracts at the Maliki government formation and was corrected by Shah on his statements and Shah also corrected statements made by Maliki. So strong disconnects are always there and Shahristani is changing.

When Exxon exploration block awards became public (not when they were known) Shah spit the dummy out and the Kurd contracts were illegal, there were the threats to save face, and the puppets below him continue with the same position.

Since then Maliki met with Exxon in Washington so their (Exxon) off the record position is known by Shahristani, and in a totally separate event the south of Iraq around Basra the provincial government (endorsed by Shahristani) has been involved in regional government oil & gas activities previously only done centrally. It indicates Shahristani maybe accepting more regional empowerment.

Exxon from their side would never indicate if lawyers are involved, their leanings. So the puppet statement that Exxon are re-considering was not from them but I recall Maliki asking them to re-consider. Exxon's lawyers would have only requested a delay in providing a response.

Now yesterday I posted that publically Shahristani told Dinar on Monday he wanted to see more transparency in the Kurdish contracts. First time he's accepted them and NOT said these were illegal and choose north or south. The message is clear, Exxon be transparent in the 6 exploration block contracts you now have and respond to us. Watch the organ grinder and not the puppets. He is not saying drop these. So from a publicly available info on the political scene, Shahristani is signally Exxon about transparency and in so saying he's endorsing Kurdish oil and gas contracts and that these exist. All KRG oilies should rise in price as political risk is dropping and not what we are seeing.

Also the National Conference between all parties lead by Talabani happens towards the end of March to try and finally resolve the issues between Allawi & Maliki. The kingmakers are again the Kurds and top of their agenda is sort out the Oil & Gas Law - and now Shahristani is wanting to see and understand these terms in a tranparent way - he sees the writing on the wall if Iraq is to continue

">

At least these have recovered 10p at the mo where as AFR............
edit 20p+

Trading above 280p now,HSBC's value.Lokks like a real pro job on how to get cheap stock?

Wonder if he's/she's back in???

The way the market is behaving,it looks to me as though all those accumilated in yesterdays fiasco are not of circulation?