Desire 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

Desire Petroleum plc (AIM: DES), the oil and gas company wholly focused on the North Falkland Basin, wishes to give a further update on the drilling progress to date on the Rachel 14/15-1Z sidetrack well.

The well reached its measured total depth of 3,418 metres on 27 October and the process of pulling out of the drill hole is underway. Once this is complete, logging operations will commence and a further announcement will be made once the logging results are known.

The Company also notes recent press speculation and wishes to confirm that it has not received any approaches concerning a possible offer for the Company.

They must know if they have hit oil or not.what kind of RNS is thatIf you have hit oil you would be jumping up and down.

To me.....zippo...zilch...fingers to be burnt time....80% chances...

And now the points from the Falkland islands...(eurovision style)...DES nul points...

I think we all new it was a load of Bollic*s......there was nothing to buy

The Company also notes recent press speculation and wishes to confirm that it has not received any approaches concerning a possible offer for the Company.

And no signs of any hydrocarbons on the way down ?....come to think of it Faroe Petroleum have been drilling for months and no signs there either...(not the operator)..

Oh dear...the forces of darkness are closing in (shorters)....below 100p and dropping.....parachutes are at the ready.....

Marky, this is a pump and dump... DES is a hopeless share... unlike CHAR.

Great picture marky...(I had a good chuckle).....

Glad you like it RF its how a feel at moment

http://www.proactiveinvestors.co.uk/companies/news/22528/desire-petroleum-denies-bid-rumours-22528.html

Have to hand it to Desire : they are not letting anything out by the look of it....you might as well throw a dice...at a guess, I'd say the well is a dud...but then again...who knows....I would jump out if I was a shareholder quicko....the sp might just have gone up on bid rumours and now is stuck around 100p.....this will drop to less than 50p on a bad result !.

90p....ouch....!...close..

sorry to be grinning chaps, though 65 would be nicer still

Can't resist writing this.... :
About the fox and hounds :
Fox : "what's all the fuss about ?"
Hound : "There's a fox on the loose"
Fox :"Oh !....what does a fox look like ?"
Hound :"Don't know !....never seen one before !...I'm just going where the others are going !"
Other Hound :"It's high on legs...and red haired.."
Fox :"It's nothing like that.....I was told that it's white and big with a long neck and fluffy ears"
Hound: "That's a lama"
Fox :"Where ??" (looking around)..."That one from Tibet ?"...
Other Hound : "Nooo....the one from the zoo round the corner you pelican !"...
Hound :"come to think of it...you remind me of somebody....but who...?
Fox :"I think that this is my stop....byeee..."

cynic well done on the short - must have made the golf even more enjoyable today

disappointed fall was not greater, but give it time ..... mind you, FOGL continues to defy gravity too

Should be an RNS tom, they will know if its any thing by now.

Good luck all those holding

rumours someone on board said they found hc's wednesday and were celebrating - only passing this on not from me - the sun seem to agree:
http://www.thesun.co.uk/sol/homepage/news/money/3201909/HOVIS-maker-Premier-Foods-warned-it-is-facing-the-toughest-conditions-for-years.html#ixzz13jDTyqdU

i have had another tickle this morning!!

i need help buying des again!! lol

you're right ..... certifiable
at best "traces" may have been found, but very obviously indeed nothing of significance - well 99% certain anyway, though it has yet to be confirmed as a(nother) disaster