Updates

Gulf Keystone

February 2005

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.

After a period in the doldrums the shares are finally edging upwards helped by Gulf's latest progress report. This noted that Gulf has just signed a contract to conduct two 3D seismic surveys, commencing this month and in May respectively, which will more accurately map existing exploration prospects identified by its 2D seismic data. Gulf also stated that its drilling rig has now arrived in Algeria and following commissioning tests is expected to be operational shortly. With the first well scheduled to be spudded later this month, and a program of four exploration wells to be drilled by April 2006, the potential is there for an explosive share price performance. Keep buying. ...

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Photo-Me - Reassuring AGM

International Greetings - Net cash expected to reach Â£13m

Gulf Keystone - Falls through stop-loss (July 2005)

Gulf Keystone (June 2005)

Gulf Keystone - Awarded two new blocks in Algeria (May 2005)

Gulf Keystone - Evolution issues 24 page note (March 2005)

Gulf Keystone - Packed oil drilling program in '05 (December 2004)

Gulf Keystone Petroleum - Drilling hopes in Algeria (November 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.

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