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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

required field - 08 Jun 2011 12:08 - 6313 of 6492

First I've got to get my head out of my bucket....

cynic - 08 Jun 2011 17:33 - 6314 of 6492

what a vile day .... was out playing golf for a m8's 60th .... not sure whether or not i'm glad i missed all the shit

avsec - 08 Jun 2011 17:48 - 6315 of 6492

Cynic
I thought I had missed all last week - certainly missed lots of fish! But, heyho, things seem to be moving from a short term 'pure gamble' to a longer term punt and I'm sure they will have suitors (RKH?) to climb into bed with 'ere long.

Balerboy - 08 Jun 2011 18:32 - 6316 of 6492

got a fishermn's tail avsec?? did you catch your supper.,.

tyketto - 08 Jun 2011 23:21 - 6317 of 6492

According to the London Evening Standard (Business Section),
there was a rumour going round the City that RKH was going
to make a bid for DES at 50p.


mac.

cynic - 09 Jun 2011 10:30 - 6318 of 6492

followed by collapse of stout party with realisation that the above was a damn stupid rumour

avsec - 09 Jun 2011 16:11 - 6319 of 6492

BB
Like my loss on DES - it is a story of the one that got away - however it did straighten the hooks on a size 8 Allie Shrimp!

blackdown - 09 Jun 2011 18:27 - 6320 of 6492

Classic pump and dump stuff.

Balerboy - 09 Jun 2011 19:56 - 6321 of 6492

LOL: bad luck avsec, bet it felt good whilst you had it.,.

markymar - 10 Jun 2011 08:27 - 6322 of 6492

Desire heading north again order book looks ok if u want to be in and out!!!!!1

markymar - 10 Jun 2011 08:28 - 6323 of 6492

up 7 % as i posted

rococo - 10 Jun 2011 08:33 - 6324 of 6492

How it looks on the chart

Chart.aspx?Provider=EODIntra&Code=DES&Si

Sequestor - 10 Jun 2011 08:39 - 6325 of 6492

good trading with careful viewing

markymar - 10 Jun 2011 08:44 - 6326 of 6492

18.5p looking at....jump in and out....watchink the book looks still good

rococo - 10 Jun 2011 08:49 - 6327 of 6492

It did not go lower than 19p at offer on the spike down now 20p

100K paying 19.40p was in during the time bouncing back

Chart.aspx?Provider=Intra&Code=DES&Size=Chart.aspx?Provider=Intra&Code=DES&Size=

markymar - 10 Jun 2011 08:53 - 6328 of 6492

At 18.5p there is 290.000 buy sitting there so would like it to hit there and see what the order book looks like then,if i can get a penny or two rise from there will be happy its just bouncing along at moment.

That 200,000 buy has gone now at 18.5p plus order book even so i guess its a no no

rococo - 10 Jun 2011 08:56 - 6329 of 6492

re >>> At 18.5p there is 290.000

not in my order book there is only 40K at 18.50p bid side

25K at 18.75p
120K at 19p and
50K at 19.50p

DEPTh 1.5m v 1M

spread 19.50 / 20p

your Level 2 must be faulty, specially if is from >>>>>>>. moneyam

markymar - 10 Jun 2011 09:06 - 6330 of 6492

Did point out in post above it had gone roc,still watching...off down the mine soon.

required field - 10 Jun 2011 09:45 - 6331 of 6492

Decided to jump back in.....very volatile but there seems to be some upside possibly with this....

rococo - 10 Jun 2011 10:06 - 6332 of 6492

r f

Howmany millions did you buy?
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