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.

cheers smiler

its going to be a great day!!!!

des will do well too....not as much as this little baby though

http://www.forbes.com/afxnewslimited/feeds/afx/2008/04/24/afx4927491.html

An operational update lifted Rockhopper Exploration 7 to 104. The company has hired SPD Group (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.

Where is their drilling rig?

it could be a good year or for all the Falkland oilers ?

Why will they start drilling this year?

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.

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.

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

New article, click HERE

http://www.mediafire.com/?0jmxdrwwh9p

Edison investment report on Rockhopper

thanks marky

Good report by Edison but Desire have over 4 billion not 2.2 billion as stated in report hence Desire is the one to hold.

Still think RKH a good buy and hold quiet a few.

Interesting that the broker consensus on Selftrade also shows DES @20p & RKH @25p (forecast). Maybe the arguement for the shorters is gathering steam.

Harry this was in the share mag today which was wrote by Tim Heely of Daniel Stewart..the bloke is a is a fool in my eyes and does not go in to any detail maybe why the shares in Daniel Stuart have fallen from 30p to 6p as have no clients.

Fantasy fuels Rockhopper
Tom Sieber Speculation has run well ahead of reality when it
comes to oil and gas exploration in the Falklands
according to Daniel Stewart analyst Tim Heeley.
He was responding to the news that Rockhopper
Exploration has issued 3.78 million shares at 101p to
raise 3.8 million, which will support preparation for
drilling and supplement working capital.
The region is home to four companies Rockhopper
and Desire Petroleum in the north Falklands basin, and
Falkland Oil & Gas and Borders & Southern Petroleum
in the south Falklands basin.
Heeley says that, even after the fund raising,
Rockhopper wont be in a position to drill. He also questions
whether the company can cover its share of Desires
forthcoming drilling costs.
The analyst comments: Rockhopper holds a 7.5% interest
in Desires tranches
C and D, which hold
most of Desires
prospects, for which it
has a 2:1 capex obligation
on drilling. As such,
it has to pay 15% of
three wells and we
clearly see the new cash
balance of Rockhopper
about 6 million by mid-year 2008, to be woefully inadequate
to meet this requirement.
Meanwhile, the recent share price appreciation of
Borders & Southern means that the company is now valued
greater than Falkland Oil & Gas without value-supporting
newsflow.
Heeley believes that Falkland Oil & Gas remains the
best option in the area and has a hold recommendation
on the stock and a price target of 170p. The other three
are all sells and Heeley has set price targets that are
around a quarter of their current share prices.
Rockhopper, currently trading for 103p, is set at 20p;
Desire, at 99.5p, is set at 25p and Borders & Southern, at
119.5p, is set at 40p

http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=443264&in_page_id=19&in_author_id=1822

Midas Extra share tips: Poundstretchers portfolio
Joanne Hart, Investments Editor, Financial Mail on Sunday
18 June 2008

1 million trade after hours trading......something is up

also, rkh will be announcing something very soon prob over next week about seismic.

1m traded??? Buys or sells or what %age of each?

RKH is clearly over-rated, with recent loss widening, it still look expensive at 74p.

loss has only went from 1.41 to 1.47.....hardly dramatic.

farm-ins plus drilling consortium will knock this back up......anyway i'm holding for drilling even if it is for another year.....so stuff the short termers

LONDON (Thomson Financial) - Shares in Rockhopper Exploration Plc. were hard-hit in midmorning deals, as it posted a widened pretax loss, leading Daniel Stewart to keep a 'sell' rating on the stock.
At 10:32 a.m., Rockhopper Exploration shares were 17 pence down to 71-3/4 pence, as the FTSE Small Cap index dropped 31.0 points to 2,736.2.
Earlier on Thursday, the oil and gas exploration company reported a wider full-year pretax loss and said its target is to drill between two and four wells on its acreages.
In reaction, Daniel Stewart left a 'sell' rating on the stock, noting that the group gives no new news on drilling timetables.
The broker notes that the group confirms all technical issues on its acreage have been resolved and that it is close to completing the interpretation of its 3D analysis.
But on actual drilling, Daniel Stewart notes that timescales are continually being pushed outwards and drilling -- or a deal of any kind -- is not, in any way, imminent.
Leaving a 25 pence price target on the group, the broker said it continues to think investors' money is better placed elsewhere within the sector, such as in a company with an active drilling campaign.