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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

Proselenes - 03 Dec 2010 00:14 - 5719 of 6492

greeky, however, you have to say some "sauces" are good.

It was said DES had oil - true.
It was said SQZ had multiple layers of gas (turns you oil and gas but not commercial sadly) - so true again.

The whole media/tip magazines/tip sites all generally work on "sources" and nudges and winks - if anyone believes that there is no leaks they are living in dreamland.

At the end of the day you have to watch out for the posters who never talk about possible bad news, who never accept any risk, who post things are always only ever going upwards, who avoid mentioning the possibility of bad news.

A ramper will never ever post about potential for news not to be good, or possible bad news..... that is not their game plan.

All I can say is the DES and SQZ leaks were spot on, totally correct, no claims were made apart from one having oil and the other gas in multiple zones, and that was 100% correct.

gibby - 03 Dec 2010 01:45 - 5720 of 6492

lol
me quids in
or sorry squids
gla
http://www.bbc.co.uk/iplayer/console/b00w10v4/BBC_Radio_1s_Essential_Mix_Roska

gibby - 03 Dec 2010 01:46 - 5721 of 6492

des worth a giraffe

gibby - 03 Dec 2010 01:47 - 5722 of 6492

sauce lol us city boys good time gl

gibby - 03 Dec 2010 01:52 - 5723 of 6492

= lol

gibby - 03 Dec 2010 01:54 - 5724 of 6492

http://www.bbc.co.uk/iplayer/console/b00w10v4/BBC_Radio_1s_Essential_Mix_Roska

gibby - 03 Dec 2010 01:59 - 5725 of 6492

go mate lol

huge wow

gibby - 03 Dec 2010 01:59 - 5726 of 6492

http://www.bbc.co.uk/iplayer/console/b00w10v4/BBC_Radio_1s_Essential_Mix_Roska

gibby - 03 Dec 2010 02:00 - 5727 of 6492

des oh i am sorry

gibby - 03 Dec 2010 02:00 - 5728 of 6492

little weeds

gibby - 03 Dec 2010 02:01 - 5729 of 6492

lol LOL

gibby - 03 Dec 2010 02:14 - 5730 of 6492

http://www.moneyam.com/InvestorsRoom/posts.php?tid=4967

gibby - 03 Dec 2010 02:15 - 5731 of 6492

http://www.bbc.co.uk/iplayer/console/b00w10v4/BBC_Radio_1s_Essential_Mix_Roska

Haystack - 03 Dec 2010 04:40 - 5732 of 6492

http://www.bbc.co.uk/news/world-latin-america-11906367

greekman - 03 Dec 2010 06:52 - 5733 of 6492

Never Squelched someone so quick. Well done Gibby. Why anyone should post 11 times in so few minutes, with none of them worth reading I will never understand.

greekman - 03 Dec 2010 07:07 - 5734 of 6492

Morning Proselenes,

You say, 'Greeky, however, you have to say some "sauces" are good' and 'All I can say is the DES and SQZ leaks were spot on, totally correct'.

Don't wish to expand the argument/discussion who was right/wrong, just suffice to say, there was nearly a 100% chance of oil, as long as you allow for the most minute degree. As to sauces being good (yes a very few are but we don't know which), leaks were spot on. It depends which sauces/leaks you mean.
There were so many saying it was dry with many saying it was not, so of course some were right, but they were guessing.
Many have you as a pure ramper. For myself, I feel you are more of a totally committed believer, who like many feel quite rightly they have to fight your corner. Nothing wrong with that, but you have to have balance. But to say, 'The DES and SQZ leaks were spot on, totally correct', is so unbelievably obviously wrong takes any credibility away.

Proselenes - 03 Dec 2010 07:26 - 5735 of 6492

Greek they were spot on though, DES had oil and SQZ had gas. The sauces said nothing more, nobody claimed anything additional.

Finding hydrocarbons is 50% of the game, the other 50% is finding commercial ones. Derisking that first 50% makes a huge different to your odds of winning the game.

I have made a 6 figure pure profit this year with XEL, RKH, DES, EOG, AST and others.... I am very happy and hope others are too.

The whingers and moaners and those who take up personal arguments are generally the ones who are losing money and got all the wrong stocks and its only natural they are upset as they are losers who hate to see other people winning.

You do not see me stalking anyone ! I squelch the idiots straight off, they do not interest me at all, I am here to make money, not have pointless arguments with idiots.

cynic - 03 Dec 2010 07:42 - 5736 of 6492

Mr P ..... more than 100k (banked) profit since april? ..... why is my handle "cynic" i wonder

HARRYCAT - 03 Dec 2010 08:02 - 5737 of 6492

He didn't say where the decimal point was !! ;o) Nor how many losses there are to set against the profits.

Proselenes - 03 Dec 2010 08:16 - 5738 of 6492

cynic, I did not say banked ! and yes, its a 6 figure number like you say :)

I play to win, not mess around with little bits.

XEL from 20p
RKH from 38p
AST from 3.5p

You can start to easily appreciate that 2010 has been one hell of a year.

Those with small appetites for risk, like you, will always sell too early and miss the big gains..... :) I take the risk of bigger losses, but bigger wins.
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