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Gulf Keystone Petroleum (GKP)     

goal - 15 Mar 2005 17:17

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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Balerboy - 15 Jan 2013 08:25 - 3977 of 5505

mean while the sp drifts back to where it should be..... for the time being. Funny how pro's quiet again.,.

niceonecyril - 15 Jan 2013 08:31 - 3978 of 5505

Yes your probably right,but look at the time of posting?

BB: are you stirring?

dreamcatcher - 15 Jan 2013 08:33 - 3979 of 5505

No hes not, ramping trap oil like mad on the other side and knocking Tangiers petroleum. Not a liked person.

niceonecyril - 16 Jan 2013 09:43 - 3980 of 5505

16/01/13 09:39 221.36 211 O 221.0 221.75 Sell

Good volume and momentum,not surprising with lots of news in the very near future.

cynic - 16 Jan 2013 10:10 - 3981 of 5505

was tempted to buy more, but it's quite margin-greedy and that would have left my pot lower than i would have liked ..... but certainly looking healthy at long last

niceonecyril - 16 Jan 2013 10:50 - 3982 of 5505

"> Chart.aspx?Provider=EODIntra&Code=GKP&Si

niceonecyril - 16 Jan 2013 14:37 - 3983 of 5505

2 hrours to go and over 7million traded,broken through the 225p barrier,it'll be interesting to see how it ends up?

niceonecyril - 16 Jan 2013 16:40 - 3984 of 5505

Decided to keep an eye on the trading today,felt like an effort to hold it back? But pressure of buying kept the momentum,giving a finish of 226p.

Volume steadily rising,10million traded today.

16/01/13 16:35 226.0 171,405 UT 226.0 226.5 Sell

niceonecyril - 16 Jan 2013 19:49 - 3985 of 5505

SheikhyDave 16 Jan'13 - 18:51 - 1485 of 1486 0 0

After taking note of several comments on iii yesterday about the asset sale being bad for GKP's board of directors as they have large share holdings, I have put this point to the people who gave me the information.
It seems the decision to transfer the PSC's directly from GKP to the Turks for cash rather than as a result of a GKP buyout is one that was taken by the KRG not GKP. It was necessary for valuation purposes and Turkish regulatory reasons, is not popular here, but will not be disputed.

--
Bit of a friut cake,i think?

niceonecyril - 17 Jan 2013 00:23 - 3986 of 5505

ooh look. From shorty3/iii
http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AGKP.L&it=le&action=detail&id=10331318

Gary Parkinson Market report The Times
Published 1 minute ago 17/01/13

To wrap up the day’s smattering of speculation, there was Gulf Keystone Petroleum, chased another 10p higher to 226p amid whispers of an impending upgrade to its assessment of how much oil it is sitting on in the Kurdistan region of Iraq. There was also a rumour that GKP’s legal dispute with a former Green Beret over 30 per cent of its asset would go the way of the AIM company

cynic - 17 Jan 2013 11:10 - 3988 of 5505

some profit taking has set in, and if sp drops to 200, then that looks a time to buy

niceonecyril - 17 Jan 2013 13:33 - 3989 of 5505

Yws it looks that way,exprcting news soon,should be next week possibly from MOL?


Simon Fisher ‏@simonfishybits
Rodgers "When GKP tried to farm out it's asset in fact it was not a positive number but a negative one"
Details
27m Simon Fisher ‏@simonfishybits
Excalibur only have one lawyer in court today no backers no Rex it does appear this is being run at a minimum cost

Those who have met Simon are greatly impressed,he's attended every day.

PS. I'll hit 3 score and 10 on Saturday,wish i could retrace like the SP.

Balerboy - 17 Jan 2013 14:10 - 3990 of 5505

congrats cyril, have a good day tomorrow ;)

cynic - 17 Jan 2013 14:12 - 3991 of 5505

WsM is behind london time, not ahead of it!

niceonecyril - 17 Jan 2013 15:49 - 3992 of 5505


Simon Fisher‏@simonfishybits

Rodgers " the documents speak for themselves "

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4mSimon Fisher‏@simonfishybits

Rodgers pointing out to SP Mr Compton made many errors in his valuations which ever way u look at it at 2007 it's nothing or minus nothing!



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13mSimon Fisher‏@simonfishybits

I would like to wish Todd a happy birthday for tomorrow could he please return the complement with a nice RNS OIP figures

niceonecyril - 17 Jan 2013 23:01 - 3993 of 5505

http://gkpinvestor.proboards.com/index.cgi?action=display&board=analysis&thread=1764&page=1

And from those notes,the following.

Re: simonfishybits: In court Thursday

wktfuture

I attended court for an hour but the statistics explanations started to grate on my nerves a bit.

I can qualify a couple of the fishy tweets by saying

1) the back row of computer monitors on Excalibur's side of the room have been removed. Nice to see a scaling down of the op.

2) re. Akri Bijeel: the price sensitivity has made the barrister ask at the startof the day, for a private hearing related to the AB part of the valuation. SP said he planned to question that valuation at the end of the questioning anyway. The judge decided to continue in public and "tread gingerly"up to that point in time.
It was mentioned that they cannot work out the final valuation for the interested buyer because it is likely there will be a reserves/OIP update imminently which will affect the final price they pay. I am not certain the term "auction" was used here today. Take it with a pinch of salt, but I do think what I heard ties in with expected news. I am not sure but the implication was that there is a buyer waiting. Stating the obvious perhaps, given there are probably a few potential buyers. But thinking about it, I believe a decision must have been made and it is all down to a value after the next update.

One more thing. I re-iterate that I believe we have been correctly guided as to the outcomes for GKP.
I.e. it seems they are pressing ahead as planned with the sale of AB. Todd in the witness box qualified a partial sale of GKP to mean a management buyout, and a complete sale to mean just that.
The world is their oyster. I don't believe we will get ripped off ultimately. I met Todd at court a couple of times and found him very courteous.

Read more: http://gkpinvestor.proboards.com/index.cgi?action=display&board=analysis&thread=1764&page=1#ixzz2IHCh7wxB

niceonecyril - 18 Jan 2013 12:18 - 3994 of 5505

Holing up reasonably well considering the Algerian crisis?

Snow C/Case today,but Todds birthday.

cynic - 18 Jan 2013 12:28 - 3995 of 5505

what on earth's the link between those two? ..... they're 000s of miles apart

niceonecyril - 18 Jan 2013 13:29 - 3996 of 5505

Chill out,just a little small talk.
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