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

disagree marky ..... it was only with great difficulty that i managed to short some more as the market is effectively "unborrowable"

20p on the cards for DES now in a few weeks time.

Short still running, hlyeo? Also, what %age stop are you using, as there may be a few bounces along the way? (Just interested as not a shorter myself.....yet).

i am too but almost never bother with stops as short spikes are common and are a pain ..... further, if not guaranteed, they are effectively a waste of time

Can't understand what's the huge interest in these Falkland stocks apart from being in British waters.......

agree rf, sooner have north sea...going well, (exscuse the pun)

RF .... you seem to have quite an interest, even if a bit misguided!

You can't be serious rf!!! I think that was a cry of desperation from still holding DES!

It's better to cut loss, I feel, than to hold on eternally.

absolutely ...... first cut is the kindest

You didn't say that.....all those years ago??????? did you!!

sure did when i held my older son ..... i remember my dad wincing at the time!

Stop.... Far too much information!

lol

Not a ramp but I would sell and take a punt on MTA

Perhaps another big vote of no confidence in the DES license area's ?

Wonder if Arcadia will try to team up with RKH or ARG now ?


http://www.desireplc.co.uk/investor_relations_other_news.php?article_id=190


ARCADIA ASSIGNS FALKLANDS ASSETS

Following permission from the Governor of the Falkland Islands granted on 8th November, 2010, Arcadia Petroleum Limited has arranged the assignment of its assets in the Falkland Islands to Denholm Oil and Gas Limited.



Colin Hurley
Director
Arcadia Petroleum Limited

.

DOG !!!

So now DES and DOG go together........






(Denholm Oil and Gas)

Get a life pro move on your sound sad and twisted.

I actually very jovial and happy, and bloody glad I am not holding DES :) !!