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.

WAKEY WAKEY they've just lit the fuse.
cyril

going to be a great christmas, what with asc and now gkp.... have already booked hotel in Tenerife.

looks like Watcher has overslept, despite all his alarm clocks!

MM's don't seem that excited about it,...

No indeed... guess they'll be waiting for confirmation from various reports...

May just have to postpone that holiday of yours BB ;)

By the time Watcher wakes up the show will be over - almost back to where we started!

five figure asc profit.... already booked, off on the 22nd till 3 jan. HELLO Father Christmas....lol

Apologies for keep banging on but in a good market with confidence then this would sail to 150p but in this market where everybody is fretting that we are going to do a double bottom nobody is prepared to risk buying tiddlers which is why as soon as traders get a profit they take it and get out quickly. For companies such as this then a fundamental change of attitude is needed in the market and I for one hope it is sooner rather than later.

Would have been nice to have had 1.50 for five mins to take a profit but 1.20 not enough. is that fair comment?

"The upper Triassic oil and condensate finds announced today, with their associated gas volumes, will be invaluable in the development of the Shaikan discoveries. The excellent permeabilities encountered throughout the well, combined with the availability of significant quantities of gas from the upper Triassic, encourage us to believe that industry average recovery factors (30-35%) might be achievable in the various reservoirs of the Shaikan-1 exploration well. This theory will be evaluated further during the upcoming extended well test."


inter alia, what a damning indictment of the current industry inefficiences.
much noise is being made about CO2 and/or N2 injection for extraction enhancement, and there's also unproven mechanical technology from the likes of CRA, but the likes of saudi would still rather just drill another hole.

Yep but it ain't going to happen unless conditions improve which is why I hold many tiddlers but wouldn't dream of buying anymore atm as risk/reward just doesn't justify it. There are exceptions of course such as PXS which does appear to be volatile still. My own feeling is that probably everybody has got it wrong and we're not going down. The last fallers at the height of the panic a year ago were the big miners so maybe they alone will keep rising and then when everybody realises they've got it wrong, the rest will follow.

the doom-mongers are themselves doomed, though eventually they will be proved right when we reach the top of the next cycle .... that does not mean that everything will keep going up in a straight line pro tem, but the trend is now firmly set that way

So, Balerboy, it doesn't look like we'll be seeing you over the New Year, but with a 5 figure sum in the bag , you could afford to take us all to Tenerife as well but personally I'd prefer a cruise.

Nice result.....a few months wait now to more drilling results...with possibly a fund raising exercise somewhere along the line.

Modkins.. more the merrier, maybe a cruise next year but bring one of those wrist straps/reins if you bring RF along......you know his reputation for jumping ship.........lol

New article, click HERE

I'd love a cruise, we'd might bring Tom along as well...now where's that success book I was reading....

The price 110p looks like a support at the moment
Though the order book is very weak on the bid side, about 35 more trades on the offer side for the last hour.

Intraday

We still go a long way to go, as cynic said earlier they can't export any of it yet so a lot of work to do.Take over best bet for anyone in for a quick buck.

Gulf Keystone gushes that oil find in Iraq could...
The Times on line article.