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.

thanks , i'm still trying to figure out how to go back in time on this board!

"earlier posts" or "page"

Try around page 190.
Link here:
http://www.moneyam.com/InvestorsRoom/posts.php?page=190&tid=7803

oops, ' earlier post' button.

thanks alot for the link. i was just wondering what was reported to justify cynic saying,
'and it is equally clear that the GKP executives also have no idea how to act with decorum in court, thus losing at least an element of credibility'

i've probably read the court feedback before elsewhere but i'll go back to your link later and read what's on this board. anyway niceonecyril refutes what cynic says .

my recollection - and i admit it was often difficult to determine exactly who was saying or doing what - was that EXC's management/owners were less than consistent or convincing in their evidence ..... however, GKP's equivalent, certainly at one point, seemed to be treating the court rather like a perry mason drama

cynic who is chipnlouie seems to be gunning for you ....surely not MRSI in another guise?

i don't think so, but wouldn't much care if that was the case

i'm not 'gunning' for you cynic, i'm not mrsi. i'm new and didn't know this board was plagued with the usual BB tiffs. anyhoo i'll stick to lurking so not to upset halifax.

oh don't worry about friend hali; he really is an ok guy and no doubt thought i needed his protective arm round my shoulders :-) ...... generally speaking, this board is very well-mannered and good humoured, though inevitably some spite and idiocy (prob from me even!) occasionally creeps in

by the way, was i wrong with my recollection and/or interpretation of what went on in court?

btw cynic, i was curious because the court reporters made it sound like a slam dunk for gkp . it sounded too good to be true. just saw this post in another place........

- you can buy a copy of some excellent notes for 300$ or wait a month and do it through the court disclosure request for a transcript- then again all the rodneys on the board have got legal advice to show Excalibur didnt have a case - when errrr - dont envisage it being a clear cut decision - due to the multiples involved - perhaps even an appeal -

so i'm not such a dimwit after all!

wrong thread

27 April 2013 / KADİR UYSALOĞLU, LONDON
Bayan Sami Abdul Rahman, the Kurdistan Regional Government's (KRG) High Representative to the United Kingdom, has said the KRG would consider establishing an independent state if a civil war erupts in Iraq and dictatorship rules the country.

In an interview with Today's Zaman, Rahman underlined that the KRG would separate from Iraq under two conditions: “First is a civil war. We would never be a party of a civil war. The second is Iraq's returning to old days of dictatorship because our people suffered a lot during dictatorships of the past. So, it would be more likely for us to separate from Iraq.

The leadership of Kurdistan frequently floats the idea of independence in case what they call Baghdad's “authoritarian practices” continue against Arbil. The armies of both sides have briefly clashed along the line of contact in several cities in the past few months and tensions are running high due to an oil pipeline Kurdistan is planning to build to Turkey. Otherwise, our commitment to a unified, democratic and federal Iraq would continue,” she said.

The leadership of Kurdistan frequently floats the idea of independence in case what they call Baghdad's “authoritarian practices” continue against Arbil. The armies of both sides have briefly clashed along the line of contact in several cities in the past few months and tensions are running high due to an oil pipeline Kurdistan is planning to build to Turkey.

BAGHDAD / NINA / the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler welcomed the meeting, which would be held between Prime Minister Nuri al-Maliki and KRG President Nechirvan Barzani in Baghdad tomorrow.

He said in a press statement: "Sitting together and engage in a constructive spirit is the best way to overcome the problems in this critical phase experienced by the country."

He added that: "the parties should address all outstanding issues, such as the true partnership, security, budget, and revenue sharing in transparent and frank and permanently."

Kobler expressed hope that "this meeting will contribute to long-term solutions based on the Constitution to overcome the current crisis in Iraq, and contributes in retune the Kurds' Ministers again to the Cabinet's meeting in the nearest time."

It is scheduled that a high level Kurdish delegation will visit Baghdad tomorrow headed by Prime Minister of the Region, Nechirvan Barzani for a meeting with Prime Minister Nuri al-Maliki in order to reach satisfactory solutions on the dispute between the Governments of the center and the region. / End

Kurdistan & Northern Iraq
Operator Activity Map
April 2013


Bijeel Field (Kalegran)
Discovery well: Bijeel-1 (2010)
Reservoirs: Jurassic (13 API)
Resources: 2.4 billion barrels (STOIIP)
Production: 10,000 bopd EPF planned for Q2 2013
Bijeel-1. workover completed Feb 2013. Commence EWT May 2013
Bijeel-7 spud Dec 2012.
Bakrman-1 spud May 2012. TD 3930m Sept 2012.
Kurra Chine tested 2616 bopd + 5.86 mmcfd. Testing ongoing
Gulak-1 spud July 2012. TD 3641m.
Minor inflow from Jurassic. Suspended

Shaikan Field (Gulf Keystone)
Discovery well: Shaikan-1 (2009)
Reservoirs: Jurassic/Triassic (~17 API)
Resources: 2,660 mmbbls recoverable*
Production Capacity : 40,000 bopd by mid 2013. Constructing 2 EPFs.
Completed 5 well appraisal program.
Shaikan-7 expected spud Q1 2013 to target Permian prospects.
Shaikan-10 1st development well expected spud Q1 2013

http://www.westernzagros.com/wp-content/uploads/2013/04/130401_operator_activity_EXTERNAL.pdf
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Ref to SH-7(long awaited deep drill(permian) has been delayed due to bad weather(snow and heavy rain).

Not sure how much further to drop,hope the following helps?

http://www.shafaaq.com/sh2/index.php/news/iraq-news/56877-2013-04-30-09-49-41.html

.

I'm still lookung to top up as the OIP has not gone away,(in fact Exxon have recently spudded a well very close to Shaikan in the next block),just trying to gauge the bottom?.

Yes, I think somewhere between 120 -130p would be about right. Don't see any point in buying over 130p though atm.