Secondary Recommendation

Gulf Keystone Petroleum - Drilling hopes in Algeria

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.

Investors are becoming increasingly enchanted with the potential forbig hitting oil and gas discoveries in Algeria, with one estimate putting this OPEC member's proven reserves at almost 38 billion barrelsof oil equivalent (boe). Algeria found its first oil in 1956 but has been something of a late developer in terms of exploiting that potential, although in recent years it has been more aggressive in inviting big overseas oil firms such as BP, to invest the infrastructure necessary to recover it. However, from investors' point of view, the big gains have been reserved for lucky small fry like First Calgary, 778p, a Toronto-listed oil explorer with a secondary listing on AIM. Since April 2003 its shares have exploded nearly tenfol ...

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Falkland Oil & Gas - New oil prospector in Faulklands

Dana Petroleum - Asset swap boosts revenues by Â£25m

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 (February 2005)

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