Updates

Gulf Keystone - Exciting prospect for 2005

November 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The soaring cost of energy makes an ideal backdrop to look at second line oil stocks and one of the most attractive we believe is Gulf Keystone (56p) whose shares were admitted to AIM in September at 48p following a placing by broker Evolution which raised £56.1m and valued the company at £121.8m.Over the month we met with founder and chief executive, Tod Kozel, and came away with the distinct impression that the hectic pace of drilling about to get underway in 2005 will dramatically transform the company. At the heart of Gulf’s operation is Block 126a, an area covering 5,891 sq km in north eastern Algeria close to the Tunisian border. Gulf entered into a production sharing agreement (PSA) with the Algeria ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Kleeneze - Rollason starts to deliver

Avanti Screenmedia - Roll out of in-pub music screens

Gulf Keystone Petroleum (September 2005)

Gulf Keystone - Shares soar ahead of imminent exploratory well drilling (August 2005)

Gulf Keystone Petroleum (June 2005)

Gulf Keystone - New Algerian licences won (May 2005)

Gulf Keystone - Evolution issue research note (February 2005)

Gulf Keystone - Awaiting Evolution note in next week (December 2004)

Gulf Keystone - Algerian oil and gas debutant (September 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X