markymar
- 15 Aug 2005 15:14
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.
TheReverend
- 11 Mar 2008 23:40
- 110 of 6294
I'm amazed. It just keeps on rising
markymar
- 12 Mar 2008 11:02
- 112 of 6294
Rockhopper Expl. (RKH) Market cap: 55m
INVESTMENT SUMMARY
We have suggested for a while now that the BHP Billiton farm-in to Falkland Oil & Gas and
subsequent contracting of a rig to drill a well in the Falklands would change the nature of the
game in the region. This view has been strengthened by a second player in the region, Desire
Petroleum, announcing that it has secured a farm-in agreement with a significant party.
Rockhopper, with good acreage and an active sub-surface programme, is well placed to
benefit and we expect the company to attract farm-in deals which are likely to have an
immediate impact on an already undervalued share price.
INDUSTRY OUTLOOK
Rockhopper has assembled an extensive exploration portfolio in the little-drilled waters of the
North Falkland Basin. The Basin, which stretches c.250km from North to South, fell out of
favour in 1998 when a much-hyped drilling campaign, conducted against the backdrop of
falling oil prices, failed to deliver commercial discoveries. Those wells did, however, prove the
existence of two independent hydrocarbon systems and world-class source rock.
HARRYCAT
- 11 Apr 2008 14:46
- 113 of 6294
Quite a move in he sp recently. Not huge volume (.75m today so far), but maybe we'll see some profit taking at 100p.
billfisher98
- 12 Apr 2008 17:10
- 114 of 6294
Strong momentum today along with DES and BOR. Bodes well for further possible rises.
http://momentum-trader.co.uk
smiler o
- 24 Apr 2008 08:53
- 115 of 6294
Rockhopper Exploration plc
24 April 2008
PRESS RELEASE
24 April 2008
Rockhopper Exploration plc ('Rockhopper' or 'the Company') (AIM:RKH)
Operational Update
Rockhopper Exploration is pleased to provide the following operational update.
SPD appointed to provide drilling expertise
Appointment of farm-out specialist adviser
EIA on PL032 & PL033 commences
Geohazard assessment of possible drilling locations on PL032 & PL033
commences
The Company announces that it has appointed SPD Group Limited ('SPD') (part of
the Petrofac group) to undertake a range of well engineering services as part of
the ongoing preparations for a drilling campaign in the North Falkland Basin.
The agreement provides Rockhopper with access to a wide range of engineering and
project management services available from SPD including the provision of long
lead equipment such as wellheads and casing.
Rockhopper announces that it has simultaneously appointed Thompson Knight Global
Energy Services, a specialist adviser to oil and gas companies seeking farm-out
arrangements, to assist in its drilling farm-out campaign.
The Company has also appointed RPS Energy to undertake an Environmental Impact
Asssesment ('EIA') on licences PL032 & PL033 in preparation for drilling. The
EIA on licences PL023 & PL024 is already in progress.
Finally, Rockhopper has commissioned CGG Veritas to reprocess the short offset
3D data over licences PL032 and PL033. The Company will use this data to
evaluate potential geohazards over a number of possible drilling locations,
thereby eliminating the requirement to collect specialist hi-resolution seismic.
This reprocessing is likely to take approximately 8 weeks.
Following the reprocessing and evaluation of this data and completion of the
EIAs, the Company expects to be ready to drill 2 to 4 targets across its
acreage.
These 2 to 4 wells, when added to the 4 wells to be drilled by Desire and its
new partner (Rockhopper will also participate in a number of these wells) result
in a potential 8 well campaign in the North Falkland Basin.
These developments follow the evaluation of seismic data and the identification
of unrisked prospects that the Company's Board estimates may contain over 3.5bn
barrels of recoverable oil on the acreage licensed to Rockhopper.
Pierre Jungels, Rockhopper Exploration's Executive Chairman, commented:
'We are now moving into the final phase prior to drilling. We have identified a
number of targets in PL032 & PL033 on the 3D seismic which are of sufficiently
low risk for us to drill in addition to the Ernest prospect and we are waiting
to see what the interpretation of the new 2D over Weddell shows us.
It is a huge advantage for us to have SPD onside bringing both experience of
drilling and access to long lead items.
We believe that our acreage is of low to medium risk in the global exploration
setting with potential to find over 3.5 billion barrels of recoverable oil using
conservative parameters and that this should prove to be of considerable
interest to the industry in the current environment.
We are continuing to move forward towards our ultimate goal of drilling between
2 and 4 wells on our operated acreage, in addition to participating in other
wells in the Basin.
The 3D still looks hugely encouraging, we are moving forward on our work
programme and with the interpretation of the new 2D on Weddell to come shortly,
we feel that 2008 will prove to be an extremely exciting year for Rockhopper.'
NB: This statement has been approved by the Company's geological staff who
include David Bodecott (Exploration Director), who is a Member of Petroleum
Exploration Society of Great Britain (PESGB) and the American Association of
Petroleum Geologists (AAPG) with over 30 years of experience in petroleum
exploration and management, for the purpose of the Guidance Note for Mining, Oil
and Gas Companies issued by the London Stock Exchange in respect of AIM
companies, which outline standards of disclosure for mineral projects.
scotinvestor
- 24 Apr 2008 09:41
- 116 of 6294
cheers smiler
its going to be a great day!!!!
des will do well too....not as much as this little baby though
halifax
- 24 Apr 2008 13:43
- 118 of 6294
Where is their drilling rig?
halifax
- 24 Apr 2008 16:19
- 120 of 6294
Why will they start drilling this year?
markymar
- 25 Apr 2008 10:47
- 121 of 6294
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/04/25/cxmktrep125.xml
U mean when Halifax not Why?
AIM FOCUS
The Falklands Islands oil explorers have surged ahead this year on hopes that they are getting closer to beginning their eagerly awaited drilling programmes.
Rockhopper Exploration grabbed the limelight yesterday, rising 5 to 102p after announcing that it had appointed oil services group Petrofac to assist with its preparations for its drilling campaign in the North Falkland Basin.
"Today's announcement from Rockhopper refutes any suggestion that the recent rise in its share price has been without solid foundation," said Stephen Thomas, an analyst at Landsbanki.
markymar
- 25 Apr 2008 13:27
- 122 of 6294
http://search.ft.com/nonFtArticle?id=080425000169&ct=0
MARKETS: Rockhopper hits the spot
By Neil Hume and Robert Orr
Published: Apr 25, 2008
Rockhopper Exploration climbed 5.9 per cent to 102p on news that the company had appointed advisers to find a development partner for its fields in the north Falklands basin.
"We are now moving into the final phase prior to drilling," Pierre Jungels, executive chairman, said, adding that seismic data indicated that Rockhopper's licensed acreage could contain more than 3.5bn barrels of recoverable oil.
Traders quipped that Rockhopper - which has about 2m in the bank - was also moving into the final phase before it approached shareholders for more cash.
However, Stephen Thomas, analyst at Landsbanki, said funding was unlikely to be an issue given the quality of Rockhopper's portfolio and the reputation of its chairman. Mr Jungels was previously chief executive of Enterprise Oil.
scotinvestor
- 25 Apr 2008 13:41
- 123 of 6294
if anyone finds oil, can u please send it to scotland.
strike about to start at weekend and garages already out of petrol.
scotland will be at a standstill next week.....and thats with aberdeen being oil CAPITAL OF EUROPE.
going to cost darling and brown 25 million a day from tax revenue not collected.....they'll need to tax something else
Andy
- 27 May 2008 21:22
- 124 of 6294
coeliac1
- 29 May 2008 11:36
- 126 of 6294
thanks marky
HARRYCAT
- 29 May 2008 17:15
- 128 of 6294
Interesting that the broker consensus on Selftrade also shows DES @20p & RKH @25p (forecast). Maybe the arguement for the shorters is gathering steam.