<>Desire Petroleum plc (Desire) is a UK company listed on the Alternative Investment Market (AIM) dedicated to exploring for oil and gas in the North Falkland Basin.
Desire has recently completed a 6 well exploration programme. The Liz well encountered dry gas and gas condensate at 2 separate levels while other wells recorded shows.
Together with the Rockhopper Exploration Sea Lion oil discovery in the licence to the north, these wells have provided significant encouragement for the potential of the North Falkland Basin. The oil at Sea Lion is of particular interest as this has demonstrated that oil is trapped in potentially significant quantities in a fan sandstone on the east flank of the basin. It is believed that over 50% of this east flank play fairway is on Desire operated acreage.
Desire has now completed new 3D seismic acquisition which provides coverage over the east flank play, Ann, Pam and Helen prospects. The results from fast-track processing of priority areas are provided in the 2011 CPR. A farm-out to Rockhopper has been announced. The revised equities are shown on the licence map (subject to regulatory approval and completion of the farm-in well). Desire Petroleum
Cant do any thing about the weather!!!! The weather is a lot better now and come Monday we should get RNS and the share price should start to make good head way........
From u tube to Twitter to people making their own web sites dedicated to Desire to much press the PR machine is in over drive and some facts are wrong some are correct but either way this share will hit 20+ or 20p.
12 years i have followed this share to be proofed right or wrong and the ups and downs i have had with it and finally we are here the rig is nearly over Liz and be running anchors tomorrow.
Drilling i hope within 24 hours.....sp i think will now start to go up from now ...it better!!!!!
Am away tomorrow from computer but have put a buy order in for a few more shares to my broker and hope its a good kick start tomorrow.
Been told all is well and its like catching a falling knife (every one is buzzing with jobs to do )but everything is going to plan and in place and hope to spud Sunday.
Just as well i topped up first thing!!!!Also if you watch the news at 7pm on channel 4 tonight there is some footage of the OG and some interviews from the Falklands
British warship has been dispatched to the South Atlantic and has starting patrolling in the waters off the Falkland islands, reports have said today as the Argentine government prepared to take its sovereignty claim to the United Nation.
if i had been very greedy (stupid?) i too would have bought more today .... that said, none of us should forget there's many a slip etc, so never be afraid to act prudently and tuck away at least some profit