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.

i would like to think you're right, but iraq is getting ever more bloody and dangerous

Latest apparently Abadi has said KRG will get arms to fight ISIL and fair share of budget . Lets bleedin hope so . Finished above 40 .

Over 320,000 @ 39p on the offer got taken out very smartly just before the close and a very substantial interest in the UT...strong demand....
Possible news tomorrow????

Ruthbaby

yes the fat controller is about every time that the share is above 40p for too long, that is the case now with spread 40.25 v 40.75p

so I gave the shares away to someone else as I was breaking even,
I put the money on some GUSC that there is good news since yesterday and are moving forwad.

28 April 2015

Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")

2014 Annual Report and Accounts
Gulf Keystone is pleased to present the Company's Annual Report and Accounts for the year ended 31 December 2014.

The Annual Report and Accounts have been posted to shareholders and are available on the Company's website at www.gulfkeystone.com.


Enquiries:


Gulf Keystone Petroleum:
+44 (0) 20 7514 1400
Anastasia Vvedenskaya, Head of Investor Relations



Media Relations and Financial PR Adviser:
+44(0) 20 7520 9266
Mark Antelme


or visit: www.gulfkeystone.com


Notes to Editors:

· Gulf Keystone Petroleum Ltd. (LSE: GKP) is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq.
· Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for four exploration blocks in Kurdistan, the Shaikan, Sheikh Adi, Ber Bahr and Akri-Bijeel blocks.
· GKPI is the operator of the Shaikan block, which is a major commercial oilfield with the current installed production capacity of 40,000 barrels of oil per day, with a working interest of 75% and is partnered with MOL Kalegran Limited (a 100% subsidiary of MOL Hungarian Oil and Gas plc.) and Texas Keystone Inc., which have working interests of 20% and 5% respectively.
· Gulf Keystone plans to move into the large-scale phased development of the Shaikan field targeting 100,000 bopd of production capacity during Phase 1 of the Shaikan Field Development Plan.


Disclaimer

http://www.gulfkeystone.com/investor-centre/gkp-tv-video-player

Gulf Keystone Petroleum - Shaikan Production Update

click here

Snippet, FT O&G May 24th

'John Gerstenlauer, chief executive of Gulf Keystone, said the group, which was owed more than $330m by the Kurdistan authorities for its share of oil sales, said it was burning through cash at the rate of $8m to $10m a month.
“For us, it’s a matter of keeping our heads above water until the Kurdistan situation improves. We’re trying to live within our means and generate enough income to cover that,” he said. The company had slashed capital and operating expenditure.

hTtp://www.ft.com/cms/s/0/051012ea-ffd0-11e4-abd5-00144feabdc0.html#axzz3b4BbLFxs

A controversial London-listed oil company is lining up the appointment of a new chief executive less than a year after appointing its current boss.

Sky News has learnt that Gulf Keystone Petroleum is close to announcing that Jon Ferrier, a senior executive at Danish-based Maersk Oil, will replace John Gerstenlauer at the helm.

Gulf Keystone hopes that the appointment of Mr Ferrier, which could come as soon as this month, will be viewed by investors as an important milestone after years of turbulence sparked by investors’ fury over boardroom pay and corporate governance.

Mr Ferrier, a British national, has worked at some of the oil industry’s largest companies, including ConocoPhillips.

He will succeed Mr Gerstenlauer, who is expected to retire after stepping down from the board, having only moved from the chief operating officer’s role to the top executive post in July last year.

A person close to the Kurdistan-focused oil explorer cautioned on Sunday that formal agreement had not yet been reached between Mr Ferrier and the company’s board, but said they were optimistic that the appointment would happen.

After the late mark up on Friday I expect a good attempt at the 40p range again....

This could help share price as it's basically a new broom , experienced . May also signal that they are going on their own to develop fields if they get the money owed by KRG.

That would be my view VICTIM. I would be happy with that. Develop the field get payments in and some time later we could look at assets sales.....but from a stronger balance sheet...

I've just thought Ruth , there's obviously a mole in GKP . This Sky seem to get this info from someone , GKP have had to issue this announcement early I think . This is also why I don't think there's a takeover happening soon , otherwise this Sky would know and the share take off , do you think .

Sky have been first recently with some news breaks.... The rns talks of press speculation... I am not aware of any other then the question been asked, which is to be expected when you have no CEO....I hope no take over as it would be derisory in my view...
We will know shortly what the market thinks of the possible new man. Would have prefared an rns on payments better...:-)

Oh yes payments are critical , just think where this would be now with regular payments .

I am optimistic June will be a good month....:-)

Not a great response to his appointment, is it?

There's only one thing that's going to move this ' and it's payments . These MMs aren't giving it an inch .

Agreed.
That last payment must be covered by now so another rns regarding payment must be close...

5 June 2015

Gulf Keystone Petroleum Limited. (LSE: GKP)

("Gulf Keystone" or "the Company")



Directorate Change



Further to the Company's announcement of 1 June 2015, Gulf Keystone confirms today that John Gerstenlauer has retired as the Company's Chief Executive Officer and Jón Ferrier has been appointed as CEO with immediate effect. John Gerstenlauer will retire as a Director of the Company on the day of the forthcoming Annual General Meeting.