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

Exciting, looks like a great bear raid........

Can always say DES is exciting... :) LOL

That's a big tree shake.
Nothing on the RNS front to account for it (yet).

RKH they spread a deliberate false rumour of super heavy oil to get the drop before the big news on Sea Lion.

Wonder if they have spread a "duster" rumour on DES to get it to drop before the news of an oil strike is released ?

Who knows.....

Someone is posting on a competitors site that, 'This share is a dog/The well is dry'
Mind you we saw the same type of posts pre the strike by Rockhopper. The truth is, that if anyone knows oil or not, they wont be passing the info onto us.
The thing is that whichever way it goes, there will be posters crowing how, They were right all along and I told you so.

Amazing bounce. Good luck to all who managed to play that one! If only.....!

Who the hell would buy right now? it is so dodgy. Its bad enough holding some. Its got to come up a strike this time or it'll all be over for DES I fear.

Not at all.....Jacinta and Elaine await.....

This is pretty diabolical now....

Why? it is just settling back to where it was before the fireworks.

You gotta have nerves of steel on this one

Have some early morning posters being browning their pants this afternoon?


Long ago >>>>>>>>>>...I learned a valuable lesson that it was better to be a master of my own destiny, rather than relying on the opinion others with vested interests.

RAMPER when holding the stock >>>>>>>
Proselenes - 30 Nov 2010 09:28 - 5572 of 5601
All "sauces" are now saying oil strike.

I must be nuts...but have topped up.....very risky....but will stay put...they are not going to end the drilling campaign here...plenty more wells to come.....

This time RKH is falling with DES unlike yesterday when the rise in DES was not matched by the others. It suggested nothing more than games yesterday but with RKH falling now, perhaps there really is no oil.

How many people are being burnt I wonder?

I think it is to early to call this as they are still drilling.

You only get burnt when you click sell !......

You get burnt when you get too close to the fire ...

I bought some more.....risky, but the upside could be big....and I'm counting on the next wells to bring back the sp.....

Very risky share but good luck.

what a great day!! lol - been out of des week or 2 but monitoring - then fluke checked today and des had tanked on nothing - buy / sell within about 30 mins & kerrrchinnnnggggg!! going fwd / tmmrw interesting that rkh steady but des down badly - usually come as a pair sp wise - hmmmmm! i see that dodgy brokerman daniels is saying des on the money with raquel but i tend to ignore him but to those who may want to check link here : http://brokermandaniel.com/

good luck rf you have taken a brave risk - i was happy in and out today quick by pure chance - but you get it right you will be sure to make the bigger profits here - and well earned might i say if it works out for you