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.

big scramble for shares at last knockings ..... maybe just bear closing, but it would be nice to think it was inside knowledge - as if!

cynic maybe some information leaking from the rig!

Harry
Heading for that neck of the woods in the Healey after Le Mans Classic - wonderful countryside!
A good day all round for the S. Atlantic but, after BP, I'm worried about anything leaking from the rig!

avsec, used to have a Triumph Spitfire which was great for touring but the British Leyland build quality got the better of it! Enjoy Le Mans. 2.0 or 3.0 litre Healey?

I would not get too excited, looks to me like the shorts have decided to close out more of their positions given the US markets rising and also we are now 8 to 13 days away from the big news.

So it does not look at all like news is coming, it looks like those who shorts and with shorts on their books are closing and filling ahead of some very exciting times where, come the first or second week of June, the Oriel estimate of 600p a share based on 170M might get raised to 1550p a share on an in the ground basis, based on a find of circa 400M recoverable.

Keep on holding and adding and remember, very soon the Ernest prospect is going to be drilled, a very high CoS prospect that has had CSEM done on it. That drill should boost RKH far higher again........

'65 3 litre Mk3 Ph.2

think i'll stay with my "tart's car", but then i'm very old and need all the help (and comfort) i can get!

but to get back on subject ...... i think we all need to be very careful not to get carried away by wishful thinking and hype ..... while i would concur that the report on sealion ought to be very positive - or at least those are the vibes that seem to be coming back from RKH management - there are all sorts of things that could still upset the applecart ..... as for ernest; that is all hypothetical at this juncture, though assuming the sealion report is properly encouraging, then no doubt RKH sp will get overheated even at spudding of ernest

Am I the only one that thinks that the news is already in the sp ?.....would have to be a massive discovery to send this much higher....and you need a full test flow for that....anyway, will stay put until next little rns comes along....

on balance, i think there is probably further immediate upside of 100/150p provided that the report confirms reserves of at least 170mb .... if the report shows say 400mb, the i think it reasonable to expect sp to whizz a lot further

Hope so....but with this one : nothing is sure...never can be sure when they will issue another rns for one.....that's how I got caught out at the start...2 in 24 hours...grrrr....I might try and get a few more next week....wish I had more time to play this up and down....

Yes, some of the current sp is due to the available news being in, but as with most share news, confirmation is everything, especially in the oil business.

Good labs tests = 3+ imo (probably over valued, but hype/momentum/heavy trading will dominate). After that sp will probably drift, as the next RKH news will be a long way off. Stick with it this time rf!

What are they going to say in the next rns ?...that they think that there is half a billion barrels down there..."think" is no good..: you need a flow test..that's what GKP did....or are they just going to give the kind of oil with approx. amounts of oil down there ?....I mean there is not a fantastic amount of info on all this, if you compare this discovery to others...hype : there's plenty of that...what the brokers think and all that.....will stay put...might add depending on available funds and sp....

Lab tests are mega complex rf.
http://www.m-scan.co.uk/chemical-environmental-and-forensic/environmental-analysis/produced-water/?PHPSESSID=cf4c7b788feaedcd0313cec4a1332068

don't ask me anything about technicalities ..... i am a total ignoramus in that as in most things

cynic all this speculation takes us back a couple of years to a little nickel share which eventually fell to earth, what was that Doris Day song que sera sera?

rf, when you take cores and do lab analysis, along with the other data collected, you do not really need to rush to do flow tests, as you can know already.

Did GKP do core analysis ? Did GKP tell you what the porosity was ? what the permeability was ?

I would like you to compare the information released by RKH and by GKP........ ;)


As for the price, any announcement of circa 400M barrels and this is going to explode.

poseidon perchance? ...... i am old enough to remember it, but never got involved ..... from memory, the sensible boys bought each morning and sold again each evening

cynic was thinking of TMC, QE 2 made a lot of money out of Poseidon which at one stage reached 100 per share from (a fading) memory.

For memory that sp eventually crashed after the meteoric rise, I had a couple of Aussi miners at that time but not Poseidon.
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