Trading the stockmarket (NO Referrals)

Ace T said:
Is it me or did GKP just get a massive find seeing as their price went up over 10%
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GKP have already found lots, ridiculous amounts in fact.

Politics and the region is what is holding it back, and trying to get the sheer amount they have found proved up.

This is a good website to calculate potential NAV: http://www.navcalculator.com/GKP_NAV.php

I won't go into possible OIP amounts etc as it all has to be proven up, but general view is of another Kirkuk, I'm also long on this one.

Corporate film made by GKP here: http://62.193.238.61/blueprinttv/gulf-keystone-petroleum/2011-01-14_video_01.php
 
i tried getting into SAR this morning but can't get a quote for more than £500 at a time from iii

edit @ 1.02p for £300 lol

Edit 2 : 1.09p now

Bugger it - managed to get in a 1.09
 
Bad news for some but RRL again up on higher volume.

I take this well was not comercial then :

Premier Oil (LON:PMO) (PMO, 2140p, ▲ (2.44%)) announced that the Catcher North well (UK28/9-03) located in the UK Central North Sea, has encountered gas and oil bearing sandstones. The well was drilled to a total depth of 5265 feet (ft) Measured Depth (MD). Initial analysis indicates a total of 34ft of net hydrocarbon pay. This total net pay comprises 20ft net gas pay in the Tay sandstones and 14ft of oil pay in the Cromarty sandstones; the latter is at the bottom end of Premier's pre-drill predictions. The Catcher North well was purposely located to penetrate the Cromarty reservoir in an area with less seismic amplitude response than that observed over the equivalent section at Catcher. As a result of the lower than expected oil pay encountered at Catcher North, Premier now estimates the overall oil reserves range for the combined Catcher, Catcher North and Catcher East discoveries at between 40 mmbbls and 80 mmbbls. The Catcher North well will now be plugged and abandoned before moving to the Burgman prospect some 7 km southwest of Catcher North. Premier has 35% equity in licence P1430. Partners are Nautical Petroleum (15%), Encore Oil (15%), Wintershall (20%) and Agora Oil & Gas (15%).
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Deputy Prime Minister Hussain al-Shahristani has declared that Iraqi Prime Minister Nuri al-Maliki was misquoted as saying the central government would honour Kurdish production-sharing oil contracts.

Comment: This is not the first time that official comments indicating a possible end to the licence dispute between the Iraqi government and the Kurdistan Regional Government, and the restart of oil exports from Kurdistan, have been reported in the press. Every time though, despite a very positive overall tone, the lack of essential details on the supposed agreements indicated that the dispute had not been resolved just yet. Similarly the comments reported from Prime Minister Maliki fell short of mentioning, let alone providing details on, the payment of profit oil. We are convinced that the exploration licences in Kurdistan will be recognised by the Iraqi government and that fiscal terms, already stringent even by the standards of service contracts in southern Iraq, will not be renegotiated. However, it might take a while longer for negotiations to complete.
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http://www.stockopedia.co.uk/conten...ergy-premier-oil-range-resources-kentz-53563/
 
280% now ;)

1.85 with 783m trades, theres only 1.1 billion in circulation!

I got in at 0.8 with a bit - didnt want to risk loads. Doh!
 
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What do any of you know about solving cancer. Bunch of gamblers lol

With a company that small, its hard to say how much of it is hype. Whats the common point for buyers on this I wonder, is it fact or momentum.

I'd want to be in profit by end of day (realised not virtual) just in case but I'll probably never be rich being so cautious, or broke

BP goes ex div today I think
 
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