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.bloomberg.com/news/2013-02-01/sinopec-said-in-talks-to-buy-1-billion-in-afren-assets.html

http://www.proactiveinvestors.co.uk/companies/stocktube/1702/vsa-capital-still-likes-africa-kurdistan-for-oil-stocks--1702.html

.

09:08
Email response from MOL
pathai
21
The test of Bakrman-1 and Gulak-1 are ongoing. Finalization of the tests in all the layers are scheduled for the first quarter of 2013. If there will be some internal results we will act accordingly.



Kind regards,

Ádám Horváth

"3 Things To Love About Gulf Keystone Petroleum Limited

Published in Company Comment on 6 February 2013

Do these three things make Gulf Keystone Petroleum Limited (LON:GKP) a good investment?

There are things to love and loathe about most companies. Today, I'm going to tell you about three things to love about independent oil and gas explorer Gulf Keystone Petroleum Limited (LSE: GKP).

I'll also be asking whether these positive factors make Gulf Keystone a good investment today.
Big

Pair 'oil explorer' with 'Alternative Investment Market (AIM)' and many investors will instantly reach for their barge poles. But bear with me on this one for a minute or two.

You may be surprised if I tell you that the online-dealing service of broker TD Waterhouse reported that Gulf Keystone was the most popular share purchased by its customers in 2012, beating blue-chip household name Lloyds Banking Group.

In fact, brokers notable for their nominee accounts -- such as TD Waterhouse and Halifax Share Dealing -- are among Gulf Keystone's major shareholders. TD Waterhouse is actually the biggest, holding 6.5% of the company's shares.

You see, Gulf Keystone is not some tin-pot microcap, but a £1.8bn company ranked second only to online fashion retailer ASOS in the AIM index. If Gulf Keystone were listed on London's main market, it would sit at the top end of the FTSE 250.

Furthermore, while many AIM companies are notorious for the wide gap between their buy and sell prices, Gulf Keystone's bid-offer spread is respectably narrow: 208p-208.75p as I write.
Barrels

Gulf Keystone's operations are concentrated in the Kurdistan Region of Iraq, where it's estimated there are 45 billion barrels of oil.

Gulf Keystone got into Kurdistan early and holds production-sharing contracts for four adjacent exploration blocks. One block alone, Shaikan, has audited gross oil-in-place volumes of 12-15 billion barrels, making it one of the largest onshore exploration fields in the world today.
Bid

Gulf Keystone's aim is to establish itself as "one of the major independent exploration and production players listed on the London stock exchange". However, it also says in the FAQs on its website that "should there be any offer for the company", the board will make recommendations "that will consider the best interests of shareholders as to how they should respond".

With oil super-majors ExxonMobil, Chevron and Total now operating in Kurdistan, a bid for Gulf Keystone at some point could be on the cards. Indeed, rumours of interest from ExxonMobil -- which has a block adjacent to Shaikan -- drove Gulf Keystone's shares up to 465p this time last year.
A good investment?

Gulf Keystone has a long way to go to realise the potential of its valuable assets, and while last year's bid rumour proved to be the work of internet 'rampers', the 465p to which the shares rose -- more than double the current price -- is an indication of what the market thinks the company could be worth if the value of its assets is outed.

If you own shares in Gulf Keystone – or are thinking of investing – you may wish to read the Motley Fool's free and exclusive oil and gas report.

This report tells you everything you need to know about evaluating oil and gas explorers -- from the characteristics of companies that deliver truly spectacular returns to a strategy for reducing your risk.

The report is 100% free, but is available for a limited time only. So, click here to have it sent immediately to your inbox.

> G A Chester does not own shares in any of the companies mention in this article."

from iii cheers


Yerevan Saeed @ KurdistanOil1


duffs55

5

Yerevan Saeed @ KurdistanOil1
KRG Minister of Natural Resources says. " we are in talks with 8 British energy companies."

http://www.peyamner.com/English/PNAnews.aspx?ID=302551

http://www.iraqoilreport.com/business/companies/exxon-hires-ex-u-s-officials-to-navigate-iraq-9864/

http://www.youtube.com/watch?v=VA8CClbp3ys&feature=youtu.be

http://www.hurriyetdailynews.com/us-starts-to-see-turkey-as-iraq-energy-bridge-envoy.aspx?pageID=238&nID=40993&NewsCatID=348

From todays Court hearing on costs.


Simon Fisher ‏@simonfishybits
Pickens is complaining he and his team are only getting a third of the other QCs
Expand Reply Retweet Favorite More
4 mins Simon Fisher ‏@simonfishybits
Gaisman £1.88m
Expand
4 mins Simon Fisher ‏@simonfishybits
Mr Crane is getting £1.65m
--------------------------------------------------------


Simon Fisher ‏@simonfishybits
Defendants are spending £25m
----------------------------------------------------

The resolt.

Simon Fisher ‏@simonfishybits
Further security costs of £8m to be paid within 21days thank you very much Judge Clarke, NO chance the Backers will pay it!

Simon Fisher ‏@simonfishybits
The cost applications costing for today are now being debated GKP £50k TK £40k awarded

sorry, but (a) what does the above mean exactly and (b) does it have any relevance to the case itself?

Tell us fount of all knowledge about Iraq and GKP when will we see the promised £5 per share?

tomorrow!

http://gkpinvestor.proboards.com/index.cgi?board=analysis&action=display&thread=1821#ixzz2KzYpVcuq

A) My understanding is,the extra costs related purely to the days hearing.
B) Not really,perhaps an indication of the judes semtiment???

http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AGKP.L&threshold=0&pageno=4&it=le

Timed at.
07.25

cyril - what on earth is that rubbish link all about?

in fact, i have also read the penultimate link, and though it's all very interesting, it actually tells us nothing at all, other than that mind-boggling costs are being racked by both parties - but then if you pursue a litigation claim, 'tis always the case as any 16-year old should be able to tell you

of course, it will interesting to see if EXC are indeed obligated to lodge a further massive lump (£50m?) to allow them to continue ...... and if EXC fail to produce that money, then what in real terms - i.e. GKP recovering its own costs?

As yousaid,interesting and worth reading as such?

Hope not another false dawn,but this feels promising?


Barzani has taken the bull by the horns
Saturday, 16 February, 2013

2-16-2013 Intel Guru OCrush: President Barzani has taken the bull by the horns. When he came back from his visit in Europe (Davos, Ireland and a couple of others) he decided to represent all of the Kurdistan blocs to end this crisis. Most significate, he now represents Talabanis Patriotic Union, with there blessing. He had meetings with all of the Kurdish blocs, the Sadrist Bloc, representatives from the US Embassy (Beecroft and UN Dels) and the National Coalition (Malikis Bloc).

One significant member of Malikis bloc works in London and is trusted by the Brits and U.S. He spoke for Malikis coalition. This lasted for a few days and it was VERY successful. In turn…Barzani and the Kurd leaders were so happy they adjusted there Budget and past it today in the Kurdish parliament. Formal agreements were signed so there will be no backing out when this was done. It also included all disputes with Kirkuk under Article 140 It also included an agreement with the HCL. )

We should hear something on this shortly. Now, Barzani has called for a formal announcement with all of the Kurdish leaders participating to tell the Kurdish people what took place during these closed door meetings. They will tell the people there future and announce something major. In turn Maliki, Nujaifi and the other bloc leaders will make there own formal announcement to the Shiites, Sunnis, Turks and Christians what they have accomplished and what there future holds. This is History in the making. Life changer for all the Iraqi’s and it is very well coordinated. Sunday is a new beginning for Iraq and should be veeery revealing to our timeline. )

http://www.hurriyetdailynews.com/turkey-and-krg-start-secret-talks-deputy-says.aspx?pageID=238&nid=40032