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.

my ave now 55p so quite happy still with what I have left.

and i have covered the office with blue printer cartridge powder - lol!
thank goodness it's only powder and will hoover up easily - or so the serfette tells me!

Proactive Investors:

Monday, October 05, 2009

Oil & Gas Juniors Resurgent on Londons AIM Market, Enegi Oil Leads Once Again followed by Gulf Keystone and Northern Petroleum

"Oil & Gas juniors have generally provided strong trading as explorers rebound follow last weeks volatility.
Once again Enegi Oil (AIM: ENEG) led the junior oil & gas market, rising around 24% to change hands at 17p per share. Iraq and Algeria operating Gulf Keystone Petroleum (AIM: GKP) was particularly strong also, advancing almost 9%, while Chariot Oil & Gas (AIM: CHAR) rose 6%."

Fantastic advance...missed the afternoon session...105p.....could be more tomorrow !....crude recovered all losses as I type....

Can't believe this was hovering around 80p when I went out this morning! Wish I'd been able to see it break the 100p barrier!

ITS in the TELEGRAPH ,GKP set to recieve a bid 175/185 pence from SINOPEC.

kurching......great news......a buy out offer.......more to follow......blue week ahead

CT .... i would not dream of questioning your veracity, but i have scoured today's T and also reuters etc, but see no mention of this alleged t/o, possible though it may be .... please enlighten further

You may have seen this but just logged on and cant be bothered to read all the posts:

Gulf Keystone Petroleum, meanwhile, jumped 23 to 105p on speculation that the company is set to receive a bid at between 175p and 180p from Sinopec

this can be found at http://www.telegraph.co.uk/finance/markets/marketreport/6263163/Miners-help-push-FTSE-past-5000-threshold.html#

Sorry if its old news

thank you wiz ..... actual wording is as below .....

Gulf Keystone Petroleum, meanwhile, jumped 23 to 105p on speculation that the company is set to receive a bid at between 175p and 180p from Sinopec. Volumes were heavy.

Thanks guys - that explains today's leap. I'd (optimistically) set an auto-sell at 171p, thinking of the distant future. Guess we could get there sooner than I thought...

CYNIC,i will forgive you for doubting me,i should hve said telegraph online,
fantastic news if true.

don't forget time element + "doubt" discount so 170 = approx 145/150

Yes thanks - might adjust my auto-trade, though sometimes the sp will spike with excitement.

Toya,we could get there as early as 0800 hrs TUES 6th oct.

That would be nice Capetown! Hope you can exert some influence

I doubt that i can, would you sell @171 given that there is so much speculation on the actual amount of reserves that have been declared to date,and the drilling is not get complete?

I would sell half my holding, just in case... I'm trying to be much more disicplined, even if it means I may lose out if it gets to 10 or whatever. I've suffered too much in the past from unrestrained greed!

Toya,i know what you mean by greed and i would even add fear to that in my case where GKP is concerned,probably because i got in late @76 watching it from early 30,s. well lets see what tommorrow brings,i will be watching Cynic like a hawk.

http://www.dailymail.co.uk/money/article-1218352/MARKET-REPORT-Punters-placing-bets-888-bid.html#ixzz0T6ELOVRl