2011 January

Gulf Keystone delivered a few surprises today – some welcome and some not so welcome. The Ryder Scott report was welcome and will have put a few doubters in their place as well as vindicating DGA as their choice in the first place. The numbers were virtually unchanged. Questions over the reasonings for the report …

A weakening dollar has seen Brent pricing top $100 today. Good news for North Sea producers such as IAE and VPP. However, also note that stronger f/x in favour of sterling vs Canadian dollar also effects IAE’s price due to TSX main listing. Brent Crude Oil Exceeds $100 a Barrel for First Time Since Oct. …

You wait ages for a bus and then two come along at once! An excellent update following on from the earlier Ryder Scott news. More analysis to follow. 31 January 2011 Gulf Keystone Petroleum Ltd. (AIM: GKP) Kurdistan Operational Update Gulf Keystone today provides an update on its active work program in Kurdistan. Sheikh Adi-1 …

Great news from MXP this morning on Uytas. It looks like a great structure and with further appraisal should be proven up to be a significant post-salt discovery. In addition, MXP also announced the spudding of the next 4-way closure well “ALTW-1″ targeting 13 mmboe with a CoS estimated by MXP of 42%. It is …

Some investors will recall that when GKP initially announced the DGA report (independent review) on the Shaikan 1 discovery (Jan 2010)  that it was met with some doubts by the FT and other city media channels. This was largely attributed to the fact that DGA were not as well known as the likes of Ryder …

An interesting interview featuring John McGoldrick, Chairman of CAZA Oil from the Proactive Investors presentation held around two weeks ago. CAZA are currently drilling both Arran and more recently Windham. The clip adds some insight/depth for investors on most of the assets. The recent Windham drill is expected to TD before Arran.