Think it may be just a comment on when the news is now due as also from the last update
Shaikan PF-1 and PF-2 Following approval of the Shaikan FDP, Gulf Keystone will be ready to step up its production operations through the commissioning of two new production facilities at Shaikan ("PF-1 and PF-2"). The Company is planning to complete mechanical assembly and connection works on the Shaikan PF-1 by the end of Q2 2013, which will be followed by a period of start-up, commissioning and ramping-up of production to a target of 20,000 bopd, increasing to a capacity of 40,000 bopd in the coming months following the commissioning of the Shaikan PF-2. Delivery of equipment modules for the Shaikan PF-2 is progressing and the construction of the Shaikan PF-2 site has been completed. The assembly works will commence following the completion of the Shaikan PF-1
So all the news is due bythe end of Q2 2013 OR H2 2013 , 30th June then not long and some of this news is significant.Not saying it will happen by then but who knows ? But it will happen soon on way or another
Do you really think those rigs have been sitting around doing nothing for all that time? I know sometimes we think our board is incompetent but not to that extent. I still think for whatever reason there is unreleased news backing up and to find a hole half drilled would not surprise me in the least.
Nothing would here quite frankly - looked a clear manipulated day again these last two days. Big volumes going up, then apply the brakes and grind it down (Think NW is the market maker for this actually - drip drip lol)
Get ready for wild swings both ways in the next week or two once that court judgement and a few other lost news items suddenly materialise out of thin air...........
This appeared on a forex site I go on thought I would share its about 1 hour long but worth a watch if u got a bit of spare time . Paul Tudor Jones is notoriously shy about media exposure and has gone to great lengths to remove videos of himself, especially one showing his trades around the 1987 crash. He is one of the richest people alive and has made billions trading. This 1980s documentary where he talks about his trades and trading appeared a few weeks ago but it’s destined not to last long.
Some of the takeaways How he evaluates the market in relation to the news . The newspapers are negative but the market won’t go down and he takes that as a bullish signal. How he dusts himself off after a bad day and then crushes the market How he manages his emotions as he trades. He doesn’t try to control them or fight them which is something that can lead to bad or spiteful trading. Instead, he talks about them, feels them and works through them.http://youtu.be/dWbl9TbAZHg
Well, considering that GKP have had rigs sitting about doing nothing for months now, it makes you wonder why they've not drilled SH7 and 10 already, long ago. If they'd started 7 back in Sept/Oct 2012 as planned, even with the delayed plans, she would be almost done now. Why didn't that happen? SH7 was originally supposed to be finished in mid 2012. It will now be late 2013. 18 months late. Intentionally delayed progress for certain :)
Also that Shaikan-7 and Shaikan-10 The Company plans to spud Shaikan-7, the first deep exploration well, targeting the mid to lower Triassic and, potentially, Permian horizons, and Shaikan-10, the first development well, in May and June 2013 respectively. Akri-Bijeel Block Extensive exploration and appraisal programme is ongoing on the Akri-Bijeel block. The Bakrman-1 exploration well testing programme is nearing completion and the Bijell-2 and Bijell-7 wells are being drilled to appraise further the Bijell discovery. The construction of an Extended Well Test facility for the Bijell discovery is nearing completion.
So I guess some news due soon if all going to plan
Just bought a few thousand shares a couple of weeks ago after having invested here around 2010 when the share price was 67p. I am breaking my silence just to say, unfortunately how common seems to be your experience. I am going through the same mess right now. Let's hope that at least GKP will bring us a smile !
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