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.

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iShares MSCI United Kingdom Small Cap Index Fund (NYSE: EWUS)We're going to start the Kurdistan ETF play list with the iShares MSCI United Kingdom Small Cap Index Fund, a new ETF that is also a stretch play on the Kurdistan investment theme. There is one reason EWUS makes this list: An allocation, albeit small, to Gulf Keystone Petroleum, a British oil junior, that has already been the subject of takeover rumors due to its Kurdistan exposure. Potential suitors for Gulf Keystone Petroleum can be found in the iShares MSCI UK Index Fund (NYSE: EWU).

The article from post 137 is now on GKP's website.


http://www.gulfkeystone.com/uploads/meog-13march2012.pdf

StockMarketWire.com
The English Commercial Court in London has ordered Excalibur Ventures to make a payment of £6m into Court within 21 days as security for the costs of Gulf Keystone and two of its subsidiaries of defending the legal action begun by Excalibur in December 2010.

It has also ordered Excalibur to make a payment of £3.5m into Court within 21 days as security for the costs of Texas Keystone.

In addition, Excalibur was ordered to pay the costs of yesterday's hearing to the companies and Texas Keystone and is required to make interim payments of £110,000 to the companies and £60,000 to Texas Keystone within 21 days.

A date in October has been set as a date for a trial in the English Commercial Court of all the claims asserted by Excalibur.

The companies continue vigorously to dispute and contest the allegations and claims asserted by Excalibur.

At 12:36pm: (LON:GKP) Gulf Keystone Petroleum share price was +1.63p at 264.38p

http://www.youtube.com/watch?v=-HNxmZ6f5fs&feature=youtu.be

nice write up in MoneyWeek today: How to profit as govs make a grab for oil and commodities (from my hardcopy)

Big Oil (supermajors) are facing hard times

"Big oil is in liquidation as it cannot replace its own reserves": many industry watchers feel that the traditional model of a large integrated oil company that can boost its reserves is coming to an end. this renders big oil to the role of bankers, the unwitting provider of capital...."

like this bit too "this is further pressured by the fact that there simply are no more large projects anywhere, that are easy to invest in, at the time when Big oil is essentially in liquidation as it cannot replace its own reserves"....

easy to invest in gpk, but currently not so easy to export the oil!

1.4million trade.

nown
16/03/12 16:57 263.25 1,400,000 O 262.0 263.25 Buy 3,117,418 1,856,113 23,873

this has become the biggest ramping thread on moneyam,how boreing,get a life take the weekend off.

I taking the weekend off hal, going to the theatre Royal Bath tomorrow pm for a good laugh, it's our silver wed anniv,. I also topped up here this a.m. as i think over the next 12 months we'll see £5 by xmas and more.,.

how can being married for 25 years be a good laugh????? :-(
i've been married 32 years (i think), so i should know

lol cynic, mrs is good laugh too but I meant what we're going to see at the theatre.

Anyone got more detail of this:

By Ben Lando of Iraq Oil Report
Published March 16, 2012 Iraq's Kurdistan region has threatened to end oil exports if the central government does not hand over more than $1 billion in backlogged payments – the latest flashpoint in a long-standing conflict over the distribution of state oil powers.

A year ago, Baghdad and the Kurdistan Regional Government (KRG) reached a stop-gap agreement to re-start Kurdish exports, but its implementation depended on political cooperation, not the force of law. Now, that deal appears to have passed its expiratio...

BB congratulations on reaching your Silver wed annvi.,not too many will reach that
nowadays.
B Booards are for sharing views and info,both good and bad,to help others with decision making.Take a recent post by Harry on Exxon,which had me selling a large portion of my stock,thank you 'arry.

Halifax you come acroos as a sad and bitter person,who adds nothing but cheap snips and for that reason i'm squelching you.

But my reason for popping in,was to share the following.


Exxon Told Iraq It Froze Kurdish Contracts, Al-Luaibi Says

By Tara Patel - Mar 16, 2012 7:06 PM GMT QUEUEQ

Exxon Mobil Corp. (XOM) informed the government of Iraq it froze its contracts with the semi- autonomous region of Kurdistan.

“We received the letter from Exxon to freeze the oil contract with Kurdistan,” Iraqi Oil Minister Abdul Kareem al- Luaibi told reporters today in Paris. Entry into Kurdistan will “depend on a new oil and gas law and if it’s approved there is a good chance to solve all the problems with Kurdistan.”

Iraq received a letter from Exxon March 5 and the company may be allowed to join a next bidding round for oil contracts “if we receive another letter on this issue,” al-Luaibi said.

Exxon spokesman Alan Jeffers said by e-mail he declined to comment on al-Luaibi’s comments.

Iraq’s central government has so far refused to recognize production-sharing agreements between foreign companies and Kurdistan, home to about 40 percent of Iraq’s 115 billion barrels of reserves. The central government insists on service contracts with foreign companies, rather than production-sharing contracts, and says it needs to pre-approve any agreements concerning energy resources.

Production from Kurdistan is more than 180,000 barrels a day and the central government is receiving about 70,000 barrels a day, the Iraqi minister said.

To contact the reporter on this story: Tara Patel in Paris at tpatel2@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

http://www.bloomberg.com/news/2012-03-16/exxon-told-iraq-it-h

IRAQ OIL REPORT-SUNDAY MARCH 18, 2012 Exxon deals not frozen, KRG says
http://www.precogz.com/home/

SATURDAYS OIL & GAS WRAP-17/03/2012,Gulf Keystone Petroleum,Range Resources
http://www.precogz.com/news/page/4/

I have a feeling you are not going to last very long Precogz! You probably should have gone through proper channels to promote your website!

Getting also on my nerves already.

goodness knows what noc thinks of him then .... he seems to have become rather intolerant in his dotage, for hali really is a very inoffensive chap and quite often talks sense even if at variance with (some) others

A great day yesterday,the 3rd Gran Slam in 7 years,not bad for a nation of 3million.

I strongly disagree with posters being offensive to each other and thought what a thoughly nasty piece of work and cowardly. I don't tolerate or engage in such behavour,hence the squelch.

It looks like the politics are coming to a head,it's certainly the real issue holding back progress for the Irag people in general?

Al-luabi says "Entry into Kurdistan will “depend on a new oil and gas law and if it’s approved there is a good chance to solve all the problems with Kurdistan.”

PRECOGZ ,look's a good website , more up-to-date info then some sites

http://gkpinvestor.proboards.com/index.cgi?board=articles&action=display&thread=22