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Desire Petroleum are drilling in Falklands (DES)     

markymar - 03 Dec 2003 11:36

free hit countersDesire Petroleum

<>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

cynic - 17 Sep 2010 15:34 - 4530 of 6492

DES was forgotten in the excitement ...... i bought a 75% stake this morning and have just bought more to take stake to 200% ..... though DES hasn't actually got anything at all to it's name, the excitement is almost certain to spill over

HARRYCAT - 17 Sep 2010 15:35 - 4531 of 6492

Rf, should have been in both! However, this one is more likely to drop back quickly, imo. My sell should have triggered, so now a waiting game for the dip.

required field - 17 Sep 2010 15:50 - 4532 of 6492

Sold over to RKH.....both flying now....

required field - 17 Sep 2010 16:08 - 4533 of 6492

By jove.....ballistic as well.....nuts....

chav - 17 Sep 2010 16:49 - 4534 of 6492

lol

markymar - 17 Sep 2010 16:53 - 4535 of 6492

Chav did you get the text?

HARRYCAT - 17 Sep 2010 16:56 - 4536 of 6492

(Marky, any chance of a chart in the header of the Argos thread please?)

markymar - 17 Sep 2010 16:58 - 4537 of 6492

Harry will get some thing put up over the weekend if thats ok.i have to get my clogs on and go down my mine to carm down.

chav - 17 Sep 2010 17:03 - 4538 of 6492

Been outside in the sun all morning Marky but shall have a look now....DES outperforming RKH as I predicted...lovely jubbly!

chav - 17 Sep 2010 17:12 - 4539 of 6492

Marky...hadn't heard anything along those lines myself.

markymar - 17 Sep 2010 17:27 - 4540 of 6492

So have you just checked your email as i sent 2 or did you check your mobile as sent 1?

I guess when back we can get the bubbly out no more boxes of tissues.

cynic - 17 Sep 2010 17:35 - 4541 of 6492

.

cynic - 17 Sep 2010 17:35 - 4542 of 6492

EK will certainly have caught a bad cold as i see he is short of these - silly billy!
ditto SGP - that's not looking too bright a move either

Balerboy - 17 Sep 2010 19:49 - 4543 of 6492

are you typing in stereo for a reason cynic????

cynic - 17 Sep 2010 19:54 - 4544 of 6492

the pc seems to have had a mind of its own this afternoon and posted double several times .... very dull

kimoldfield - 17 Sep 2010 20:24 - 4545 of 6492

Too much excitement for you cynic. Hand shaking. Get a grip! ;o)

cynic - 17 Sep 2010 20:33 - 4546 of 6492

i did, and thought the damn thing would fall off!

Balerboy - 17 Sep 2010 20:35 - 4547 of 6492

try vasiline.,.

kimoldfield - 17 Sep 2010 22:40 - 4548 of 6492

Lol!

required field - 17 Sep 2010 23:06 - 4549 of 6492

Still think that DES is a short.....it's worth 500 million pounds wit has assets .....not much........name a company on the market valued as much with next to nothing apart from a gas discovery.....the crazy thing is : are the stock holders going to hang on and wait for the next well results...?....some big profit taking will kick in here....
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