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Desire Petroleum are drilling in Falklands (DES)
markymar
- 03 Dec 2003 11:36
<>
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
Rockhopper Exploration
British Geological Survey
Argos Resources
Latest Press Realeses from Desire
HARRYCAT
- 13 Sep 2010 13:13
- 4473 of 6492
You've got too much time on your hands rf! Go out & do some gardening or service the car! ;o)
required field - 13 Sep 2010 13:17 - 4474 of 6492
Not a bad idea.....in fact I have not enough time....too much to do....
required field - 13 Sep 2010 13:31 - 4475 of 6492
Posted hurricane heading wrong way....corrected...heading west...looks a bad one....
Balerboy
- 13 Sep 2010 13:39
- 4476 of 6492
Sea Lion prospect drilled by Rockhopper Exploration, a potentially significant oil field has been discovered.
Like that wording......someone with a bit of sense.
Like that wording......someone with a bit of sense.
cynic
- 14 Sep 2010 12:27
- 4477 of 6492
sp powering away today with bid 3:1 against offer ...... not a bad punt i look to have taken yesterday
required field - 14 Sep 2010 12:32 - 4478 of 6492
Becoming very desirable......this is 100% on potential.....nothing concrete....will crash if nothing commercial found....looking good today...anyway....
cynic
- 14 Sep 2010 12:38
- 4479 of 6492
would not disagree ..... have primarily bought to trade
required field - 14 Sep 2010 12:40 - 4480 of 6492
At this rate it will be a job not to take profits because results from the next well are perhaps 2 months away.....and this is flying on the back of RKH....and RKH has a lot and DES.....?.....some minor gas discovery.....
cynic
- 14 Sep 2010 12:53
- 4481 of 6492
sp almost dangerously strong .... though DES has lagged of late, it's worth noting that RKH has improved only relatively little
required field - 14 Sep 2010 13:01 - 4482 of 6492
Turned all DES into RKH......done well on the switch....now overweight on Rocky ....will get my fingers burnt if Prosels and the gang are wrong....
required field - 14 Sep 2010 13:08 - 4483 of 6492
Not at all convinced by this....market cap.....more than 350 million on nearly 100% potential with not much to show.....
cynic
- 14 Sep 2010 13:38
- 4484 of 6492
attached is a comparative chart that surprised me no end ..... rkh (blue) lags DES (red) performance by miles!
robstuff - 14 Sep 2010 13:57 - 4485 of 6492
wrong way round RKH has multiplied several times des hasn't
cynic
- 14 Sep 2010 14:02
- 4486 of 6492
robstuff on DES thread has pointed out, absolutely correctly, that it is RKH (red) that has outperformed DES (blue) and of course FOGL (Green) - as it damn should have done
you total knucklehead cynic!!!
you total knucklehead cynic!!!
required field - 14 Sep 2010 14:30 - 4487 of 6492
This will end up by being a short unless some big discovery comes their way.....at the moment a discovery is already priced in to the sp.....how can this go up to 400 million without any black stuff being proven....
required field - 14 Sep 2010 14:36 - 4488 of 6492
Amazing pictures from space where in the central atlantic there are two hurricanes "Igor" and "Julia" side by side like two galaxies, heading west.....if any of these two heads for the gulf : up goes WTI....
Balerboy
- 14 Sep 2010 15:01
- 4489 of 6492
cynic you need to go and lie down.,.
cynic
- 14 Sep 2010 15:07
- 4490 of 6492
not with you, that's for sure!
required field - 14 Sep 2010 15:09 - 4491 of 6492
Guys : check out MML.....Medusa Mining and the price of gold...
Balerboy
- 14 Sep 2010 15:11
- 4492 of 6492
i don't snore........only fart.,.
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