Gulfkeystone (GKP)

Inside info perhaps.? Oh goody goody.
Or just flying a kite ?

DYOR

Upside to this Company is huge, once contracts have been ratified!

AGM on the 16th in Paris!

magnum

are they any closer to a legal resolution surrounding certain disputes? As far as I understand that was the big reason holding them back, because they are already sitting on sh1t loads of oil.

Every day is a step closer imho

Move to the 250 would be good

Time is near

Glad I'm holding this Weekend!

ffs not this again.

it will eventually get taken over but this rumour has been started every friday night for the last year or so.

http://www.independent.co.uk/news/business/news/exxon-woos-gkp-to-gain-kurdish-base-6278531.html

game on?

Things falling into place

190

Looking forward to what this year brings!

Broken £2, highest ever close

shut up, all we care about is when the £40 takeover comes in.

I don't think we will have too long to wait

220

phew, someone started another rumour today about a £14 takeover. I was starting to worry there that no one had started a rumour recently. And the post has mysteriously disappeared as well as if someone from exxon has complained about it.

Lol,

What a Day today, Broke 300, closed 268.

What has tomorrow have for us

It's going to be incredibly difficult to decide when to sell. I am just very suspicious that the private investors could get short-changed one way or another. Frankly I would definitely accept 12 quid a share right now. I would love to believe we are all going to get rich out of GKP but I cannot quite believe it will that simple, sad to say.

the obvious prudent answer would be to sell half your shares when they double.

They are almost double what I paid for them right now, but I feel selling half now is too early. I might sell enough to cover my initial investment if they reach 6 quid though.

just don't sell until forced to in the takeover. Unless you think that these rumours might all be hot air, and it will get pumped up to £6 and then dive right down again when it turns out to be nonsense? Can't see it myself, something must be going on, I don't think vallares and exxon have both entered kurdistan at the same time for no reason.

Don't want to be out over the Weekend, lol

I think Thursday 19th Jan is going to be Big!

Tomorrow should be interesting!

With TOTAL taking there position in Kurdi, do we nrrd the O&G law passed?

303 close Friday, nice

wouldn't want to be out of this one over the weekend.

magnum is in CLOVER imho

would not want to be out of this one overnight

What a ride

definitely wouldn't want to be out of this one over the weekend.

What a Day!

would not want to be out of this overnight.

Whippet,

It never gets tired

City broker Seymour Pierce has upped its target price for oil and gas firm Gulf Keystone Petroleum (LON:GKP) to 524 pence per share from 374 pence previously.

"GKP continues its strong run in 2012 and has surpassed our original share price target of 374p," said analyst Dr Doug Youngson.

"We have reviewed our valuation for the company's 2C resources and have now moved from the low case scenario to the best case scenario. This moves our valuation for these resources from 317p to 467p, all other assumption remain the same."

The Seymour Pierce analyst added that the next major share price driver would be the result from the Ber Bahr-1 well in the Kurdistan region of Iraq which it expected to come in early March.

happy daze 

think there is quite a few bits of news due soon (regardless of takeover chatter).

There is an update on shaikan which will give an indication of possible recovery rates. some people reckon it could be over 50% which is absolutely massive. bear in mind the recent results from shaikan 4 (which they knew was a crap zone right on the edge of the pay zone) still managed to flow 5k bopd.

Also tony hayward from genel is giving a presentation at the end of the month, and one would have thought ber bahr results will come out at the same time. people reckon it could be as big as shaikan. 

reckon we could see a massive rerating if they come out with high recovery rates and great results from ber bahr.

411

Don't want to be out over the Weekend, lol

would not want to be out of this one overnight imo.

http://www.independent.co.uk/news/business/news/oil-group-plots-elevation-into-ftse-100-index-7166384.html

bentleys all round 

Not yet Bentley  time!

Naught Boys in the City got it down to 336, wish I had more funds to top up!

BB results will have to wait till June

I missed all the shenanigans today, any retrace back to the mid 330s and I'll be going in again.

Also added Bahamas Petroleum @9p recently

nice one, I missed the boat on that but will buy in if it retraces to sub 10p

Have you guys sold a few of these? It's taking a hit today.

Yep, it's had a battering on news that exxon may be about to pull out of kurdy. In the long run it is a good bet but premature takeover rumours overinflated the price imo. I'm holding and very tempted to go in again at £2.30-ish. Also there could be a lot of chicanery going on with the city boys because it's up for review for FTSE promotion tomorrow and they'll be trying to panic retail investors into selling - looks like it's working 

hope no one got shafted yesterday. institutions are all jockeying for position for the takeover and are going to shaft anyone who gets in their way. looks like kozels comments in the independent about hoping that "PIs don't get squeezed out by the city" made them smell blood. keep holding those shares imo.

No,

Not sold any, bagged a few more.

Imho that Exon news to walk away from Kurdi was sent out to knock the SP, it worked!

The oil is still there.

Evil hands at work there.