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.

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/international/02-Aug-2012/are-american-oil-companies-carving-up-iraq-after-all

in the long term, and possibly a lot shorter than that, i do not believe baghdad will be allowed to block the development of the kurdistan oilfields ..... the more international companies invest there, and it's certainly more than useful to see gazprom piling in as well as the amis, the less tenable becomes baghdad's intransigence

Until they get their new F-16's in Q1 2014 - at which point Iraq then has the power to deal with a "breakaway rebellious province".

so does one take it that you have a short position in these then?

and so it came to pass that the world listened to Mr Prostate, digested his pearls of wisdom .... and continued to buy gently into GKP

Still very high risk, imo and surely better return on investment elsewhere atm?

better risk than fogl i would have thought ..... afr surely remains a prime pick

But if your not in you may lose out........ am happy to lock away and forget as a long term investment rightly or otherwise, likewise xel and afr.,.

Proselenes do you honestly believe the US goverment will allow their F-16'S to bomb
the KRG into submission?
Perhaps a look at the Syrian situation and the Wests condemation of such action,coupled with the US companies operating in Kurdistan. A defindate no no umho.

niceonecyril, they will not be the USA's F-16's. They have been sold to the Iraqi government (who also control Kurdistan) and when delivery is made in Q1 2014 they will belong to the Iraqi's who can do with them what they want.

leave him be cyril ...... he likes his little make-believe world

http://cnrp.marketwire.com/client/westernzagros/release.jsp?actionFor=1647854


WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") announces that it has been informed by the Kurdistan Regional Government ("KRG") that Gazprom Neft Middle East B.V. ("Gazprom Neft B.V."), has been assigned as the Third Party Participant ("TPP") for the Garmian Production Sharing Contract ("Garmian PSC"). WesternZagros is the operator of the Garmian Block, which contains the producing Sarqala-1 oil well, the Mil Qasim discovery and several promising but undrilled exploration prospects. Gazprom Neft B.V., is a wholly owned subsidiary of JSC Gazprom Neft, which is the oil producing affiliate of OAO Gazprom. JSC Gazprom Neft is headquartered in St. Petersburg, Russia, and is majority owned by OAO Gazprom.

http://www.theoilandgasyear.com/krgsrt2012/

Mood seems to be changing, 205p at present.



from the Forbes article:

''The result is that it’s game on in Kurdistan. Both Total and Chevron have indicated that they want to expand their positions there. Statoil is looking at opportunities. They’ll have to compete with a crowd of companies already there, like Sinopec, Marathon, Hess, Heritage Oil, DNO, Maersk Oil, and Gulf Keystone (which has found an estimated 10 billion barrels so far). Not to mention a passel of billionaire-backed ventures such as Ross Perot, Jr.’s Hillwood International, Ray Lee Hunt’s Hunt Oil, Jean Claude Gandur’s Oryx Petroleum as well as Genel Energy, which was bankrolled by Nat Rothschild and is run by former BP Chief Executive Tony Hayward. (Genel is the favored Iraq-leveraged investment of Deutsche Bank’s Adolff.''

http://www.hurriyetdailynews.com/iraq-lost-fight-against-arbil.aspx?pageID=238&nid=27479&NewsCatID=348

http://www.moneyam.com/action/news/showArticle?id=4425164

http://www.proactiveinvestors.co.uk/companies/news/46666/gulf-keystone-reaches-a-major-milestone-as-it-submits-a-declaration-of-commercial-discovery--46666.html

why no contribution from MrP? :-)

FOGL has risen more than GKP this week, and yet no contribution to the positive by Mr C is there.

LOL.

So you hold no FOGL and hold GKP.... we all know that, your kidding nobody with you "I hold some FOGL"..............

:)

has fogl actually risen more than gkp this week ..... quite surprised if that is so.
there is of course something very positive to post about gkp, but bugger all about fogl, other than drilling into the unknown will start imminently

anyway, not that it's any of your business, but in monetary terms i hold pretty much equal quantities of fogl, rkh and gkp, the last just shading it by perhaps 10% ..... and not that you would dare, but it would be very rash indeed of you to challenge my veracity