Gulf Keystone Shaikan 3 update

Gulf Keystone (GKP) announced today that Shaikan-3 shallow appraisal well in the Kurdistan Region of Iraq has achieved a flow rate of 9,800 barrels of oil per day, 30% over the 7,480 barrels per day previously achieved. The shares were pretty steady, up 1.5p at 173p. My previous post on Gulf Keystone, questions buying the shares at this sort of level given the geopolitical risks. Watching for a buying opportunity below 140p, but not diving in yet (http://contrarianinvestoruk.blogspot.com/2011/02/gulf-keystone-petroleum-interesting.html).