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.

Farmouts will be be necessary or farmins......depending which way you look at it....and I'm hoping that a good size discovery is confirmed perhaps as early as tomorrow morning....the problem would be if they issue an rns going along the lines : more tests and confirmation with an appraisal well later on.....initial spike for the sp followed by heavy profit taking and a retreat in the sp.....we don't want that but it could happen...

Why don't we want that rf? I am happy to sell some once the RNS is released & buy back once the euphoria dies down. That's the idea of trading stock.

Well yes Harrycat....as long as we can catch the sp at the right time...

07.00 hrs!!! Not long to go, though sp will be marked up or down before the open in that event, so our dice are cast!

('Oil, Sweat & Rigs' program on Quest (freeview CH38) this evening - a good insight in to the offshore drilling business)

die not dice ... and don't bet on rns before opening tomorrow; that was only my guess

Its very hard for people who do not hold stock to sell it............ please factor that in to the fantasy.

Also factor in the same things were said by the same people at 90p...........

The "green eyed monster"...........

Give it a rest Basil.....there was not much to go on then....

doesn't he go on.....no news ..... worrying...

Slightly anxious wait, I agree.

do RAB capital still hold 17,782,443 shares in RKH.[source Halifax info ] ?

i cannot find any RNS saying they sold[only went back 6 months] and RKH website does not have them listed as a significant shareholders as of 25 may 2010. neither does Hemscott. so i am guessing they don't hold
Alex

Robert as long as i remember RAB have never held shares in RKH they did hold shares in FOGL.

The main holders are as of 25th May 2010 the Company had been notified, in accordance with the Disclosure and Transparency Rules, of the following shareholdings amounting to 3% or more of the ordinary share capital of the Company

Number of shares % of issued share capital

Royal London Asset Management 11,365,235 6.49%

Capital Research and Management Company 8,669,075 4.95%

Gartmore Investment Limited 8,619,709 4.92%

Och Ziff Management Europe 6,360,110 3.63%

Ignis Investment Services 2,697,597 1.54%

thats the list i found too which made me doubt their [RAB] holding in RKH.
thanks for the confirmation.
Alex

perhaps one positive that may come out of the unfortunate US gulf of mexico oil disaster is that if the americans put a lengthy embargo on off shore drilling then that may free up rigs to go elsewhere in the world, perhaps the Falklands?

RNS just out but not the one we are waiting for

Yes it got me going as well. Just looks like a bit of profit taking.

very wise...

sp dips news coming?

Dips!!!! Flippin' heck! Down 30%.

Never seen a tree shake like that!!!

You hope!