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.

bouncing!

SPREAD 43% ?

Was in auction, so spread all over the place.

What rumour..?

Whatever the news that caused this collapse, the Directors need to issue an RNS to clarify what is happening. If there is concrete news about the lab tests or the field size etc then they have to make it public, and fast.

settling down, panic over?

Makes you think that The City already knows something we don't! Chinese whispers I think they call it!
Worth buying more at 172p??????

too late!

.

must have been Capt Mainwaring!

Try the DES thread, mnamreh. ;o)

This little lurch in the sp just goes to show what could happen though, in the event of bad news. A gentle reminder of the high risk.

That was a massive tree shake.
What time was it in the Falklands ? when the RKH share price fell off a cliff ?

suggest you phone RKH and ask them what the hell is going on!

Statement re. Share Price Movement

Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, notes the significant share price movement today. Rockhopper is not aware of any reason for this movement but makes the following update:

Work is continuing on analysing the results of the Sea Lion 14/10-2 well and is expected to be concluded shortly. The Directors have no reason at present to believe that the outcome of the analysis will not meet their expectations as regards to potential resources.

As regards oil quality, there has been a delay in returning a sample to the UK due to air transport logistics difficulties between the Falkland Islands and the UK and subsequently clearing Customs. The sample is however now in the UK and analysis will be underway very shortly. Nevertheless, a sample of oil from the shallowest oil sand in the well was subjected to a preliminary test in Stanley and this indicated a medium grade crude, broadly in line with the Directors' expectations, with an API of 26.3.

A further announcement will be made when the full results are available which is expected to be in the next few days"

.

API 26.3....cracking!!! What bad news Harry there is none.

moving forward to 350p.

Now gonna change my underpants & have a lie down! Just gutted I couldn't buy at sub 180p!!!

I hope they crucify whoever it was in the city who started the 'heavy, non commercial oil' rumour! Though from my present position I suppose I should thank them. :o)

A very reassuring statement .......... but why was there a big drop in the share price , needs looking into .