
Originally Posted by
precious_maj
Gulf Keystone Petroleum LON:GKP is the best Kurdistan based oil exploration company by miles. They have to date found over 10.5bn barrels of oil in place, which is the biggest find for decades and the Shaikan field is tipped to double it's OIP to over 20bn barrels of oil in place with a 35% recovery factor. It has 3 other fields, Ber Bahr is tipped to be 1.5 x Shaikan and Sheikh Adi is tipped to be 0.5 x Shaikan. The last block Akri Bijeel has 2.4bn barrels of oil in place but GKP has a small stake in this and has put the block up for sale. There are rumours that Chevron, Total, Exxon, Sinopec, KNOC are all after GKP but the only thing holding them back is politics and the O&G Law in particular. GKP will at minimum give a 5 fold return but likely to be much more. I have a lot of money invested in this. There are a lot of PI's in the UK invested in GKP.