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Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

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http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.




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HARRYCAT - 14 May 2010 14:25 - 1068 of 6294

I was hoping Big Al would oblige, being ex hands-on oiler.

required field - 14 May 2010 14:40 - 1069 of 6294

On a good result this will rise, but not as much as people imagine...I doubt whether this will rise by more than 50p....there are plenty of companies with huge amounts of oil in the ground but they are not valued as such, so when people talk of 800p,...1400p...it's ridiculous, at the moment that is...

Balerboy - 14 May 2010 14:45 - 1070 of 6294

seems we're the only two that think that way RF.....

halifax - 14 May 2010 15:26 - 1071 of 6294

presumably you are both shorters a rise of another 50p would be very nice thank you.

required field - 14 May 2010 16:20 - 1072 of 6294

The way the market's going ....it'll be a drop if this carries on...

Balerboy - 14 May 2010 16:23 - 1073 of 6294

I'm short enough, ta. just bought a few for monday start...could be up, might be down....who knows??

Proselenes - 15 May 2010 04:18 - 1074 of 6294

Big news this coming week where we should learn more of the oil type, the potential size and the future plans (flow test next of Sea Lion or Ernest next ?)

Exciting week ahead !

hlyeo98 - 15 May 2010 09:56 - 1075 of 6294

RKH will be a rocketing next week...you have to be in it to win it.

cynic - 15 May 2010 10:02 - 1076 of 6294

or to lose it!

required field - 15 May 2010 10:02 - 1077 of 6294

I'm in...it's just that I think that it won't go up as much as we hope....perhaps 50p....I cannot see this doubling from here....

cynic - 15 May 2010 10:08 - 1078 of 6294

i am too, though inevitably a bit twitchy before rns which could result in almost anything, though odds must assuredly be bullish

required field - 15 May 2010 10:20 - 1079 of 6294

The problem will be : if it is very good news ; has the market already discounted this ? perhaps most of it is already in the price, and this won't be pumped back to Britain for 4 years or so....so a spike up followed by a drop back to where we are now...it's all guesswork...600p never !...

Proselenes - 15 May 2010 11:14 - 1080 of 6294

It is news of 400M barrels recoverable or more then it should be 500p levels awaiting flow test.

With flow test then anything around 800p to 1500p :)

Enjoy !!

cynic - 15 May 2010 12:02 - 1081 of 6294

i am half in agreement with RF ..... 400mb will be very tasty, but immediate fair value still only about 350 to which some blue sky may be added

blackdown - 15 May 2010 12:07 - 1082 of 6294

Blue with a distinctly rose tint.

aldwickk - 15 May 2010 15:28 - 1083 of 6294

I thought i read that they had a presentation on the 19th May.

aldwickk - 16 May 2010 09:52 - 1084 of 6294

From the iii thread

If the Shell well 14/10-1 from 1998 and the RKH well 14/10-2 have both sampled identical oil at 27.1 API, 10 kilometers apart, then it is highly likely that an enormous reservoir has been found.

A few bid rumour's around this weekend for RKH , anything in the sunday papers today ?

halifax - 16 May 2010 11:15 - 1085 of 6294

According to RKH's website they have 24 oil/gas identified prospects with total estimated reserves of 4.3billion boed, so any serious bid for the company would have to be pitched somewhere north of 5.

HARRYCAT - 16 May 2010 15:24 - 1086 of 6294

Nothing on the subject in the w/e FT that I can see.

blackdown - 16 May 2010 17:57 - 1087 of 6294

Depends on whether the reserves are risked or unrisked.
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