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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 - 07 Jun 2011 15:35 - 6288 of 6492

perhaps a bit, but looking at L2, there are an awful lot of (big?) sellers between 20.0 and 20.5 ..... brave man to be buying now i'ld have thought

skinny - 07 Jun 2011 15:35 - 6289 of 6492

At least you have banked a profit!

markymar - 07 Jun 2011 15:59 - 6290 of 6492

Its start to fly it must be all that bull i mean red bull

required field - 07 Jun 2011 16:01 - 6291 of 6492

I could buy again but I won't.....the dreaded rns with a placing at 14p is lurking....

cynic - 07 Jun 2011 16:01 - 6292 of 6492

far from convinced ...... looks like some PIs (80k) prepared to pay about 20, but MMs only look interested at 19.5

markymar - 07 Jun 2011 16:33 - 6293 of 6492

Well thats Desire for you, just when you think there is no wind in her sails a gust comes along and off she goes whooooooosh 32% up

cynic - 07 Jun 2011 16:45 - 6294 of 6492

was watching closely this afternoon, and i still think that late flurry was weakly based - i.e. some late bear closing ...... tomorrow may give you a better clue, but i'm sure you were well advised to bank a profit

markymar - 08 Jun 2011 00:14 - 6295 of 6492

all banked cynic racing clogs on first thing to see if DES has wind in her sails.

required field - 08 Jun 2011 08:08 - 6296 of 6492

Damn.....

markymar - 08 Jun 2011 08:09 - 6297 of 6492

Got no level 2...grrrr

required field - 08 Jun 2011 08:15 - 6298 of 6492

aaaggggghhhh.....

required field - 08 Jun 2011 08:16 - 6299 of 6492

Now why did I not listen to myself.....

required field - 08 Jun 2011 08:17 - 6300 of 6492

nnnnngggggrrrrraaaaggghhhh...........

Sequestor - 08 Jun 2011 08:18 - 6301 of 6492

worth a day trade

required field - 08 Jun 2011 08:18 - 6302 of 6492

I just don't believe this...24p....EK will step in soon...

chav - 08 Jun 2011 08:19 - 6303 of 6492

lol...DES going like a Train again this morning...shame I missed the Train!

chav - 08 Jun 2011 08:20 - 6304 of 6492

L2 is working ok Marky..must be just yours with a problem.

required field - 08 Jun 2011 08:20 - 6305 of 6492

I was on the train, but got off at the wrong station !.

chav - 08 Jun 2011 08:27 - 6306 of 6492

At least you got off the Train with some profit RF:-)

required field - 08 Jun 2011 08:39 - 6307 of 6492

Well yes....and there hasn't been much of that in the last few months.
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