NOTE that FKL are now FIH group plc. Epic FIH.

It is now over 4 years since I started this thread.
During that period a lot has happened (an understatement if ever there as one).
Several oilies have drilled numerous wells, most with little success as yet, although Rockhopper Exploration has made significant finds.
These finds are in the process of being updated and have drawn interest from at least 5 oil production companies.
The sp of FKL in Oct 2007 was around 400p, which is almost level with todays sp.
Due to many what I consider low risk factors, the sp is well below true valuation.
In saying that I am leaving all fundamentals out of my reasoning, and looking solely at potential.
Over the last few months, I have read numerous reports regarding how the current exploration will make the Islanders rich.
Of course that wealth will be passed along to the businesses that are situated on the Falklands themselves.
With Falklands islands Holdings being 'The Business' on the islands, with fingers in many pies, they are ideally situated to cash in on all the areas mentioned.

I suggest to anyone who as not been following the Falklands Story, or are new to this thread, to peruse the latest news releases of FKL. Also those of RKH (Rockhopper) Fogl (Falklands Oil and Gas) Des (Desire Petroleum) and Bor (Borders and Southern).
I am not pushing any of these other companies, but to post all the relevant updates on this header would take the whole page.

Remember who made steady big money during the Klondike Gold Rush.
OK some miners made fortunes, but the big steady money was made by those who saw the potential in suppling the essentials, IE those that supplied the tools to do the job.
I look at FKL as a sort of hedging to the explorers themselves.
But with hedging like this, we can all win.

In case anyone has not realised, or has forgotten! The AGM is next Tuesday, there is a Resolution for the company to, effectively, buy back any shareholding of less than 100 shares. If the Resolution is passed (no reason why it wouldn't be) then the shares will be bought back next week unless a form of election is sent to Capita Registrars to request otherwise.

Looking at the deals between Fogl, Des, Rockhopper and partners I am not sure which one of the above it works out better for.

But what I am certain of, is that as far as FKL is concerned, bigger will be better, so one winner will definitely be FKL.

SP up 9%.

Perhaps all the 3d data from the FI fields, north and south has been found to show that all wells can be drilled from a land base.

Yes, I do still believe in Santa, but seriously I cant find any reason for his sudden interest that has set the sp on such an increase.

Could be a leak re the results due in 7 days although I would find any leak a bit unusual.

I just hope that if it is a leak, it is a true one that doesn't just fizzle out.

Not much interest on here these days which is understandable as we are all waiting for the oil story to take off.

As to the results, nothing spectacular although they do look reasonable its the future prospects that will define the next 12 months and beyond and with this in mind the results will be treated by the markets as a formality with no surprises.

Rockhopper have settled their CGT due from their farm out to Premier oil.

To see the full info, the epic for Rockhopper is RKH.

Falklands oil industry will have its 'Made in USA' dock facility in Stanley harbor.

The Falkland Islands budding oil and gas industry advanced a further step this week when the Falklands' Planning and Building Committee gave planning permission to a temporary dock facility (TDF) in Stanley harbor that will provide logistics support to exploration drilling.

http://alturl.com/yueru

Many punters invested in the oilies direct, forget that whatever benefits those companies, will almost always benefit FKL, as we all know on here FKL have the main finger in most of the pies of the Falkland's infrastructure.

Even when they are not directly involved they will benefit from any extra spending by those who live or use the island businesses.

When/if the oil starts to flow I expect to see more customers spending on the Falklands than there are penguins on the island.

Sealon update and drilling plans.

http://www.moneyam.com/action/news/showArticle?id=4739963

Greek
Thanks for the post!

Hi Avsec,

Nice for a bit of company on here, although with not much happenning I think most of us have put our thoughts on a back burner.

Hopefully the 3d results will be out soon as patience is not my best vertue!

Nice steady rise over the week, could do with a few more weeks like the present one.

(Sigh) another share I sold out of too soon then!

Its happens to us all, although some never admit it.

As long as there are more winners than loosers, thats the game

Good game, good game. Oh, sorry Bruce!

Falklands Article.

http://m.smh.com.au/world/oil-race-fuels-new-falklands-chapter-20140412-zqtvk.html

Petition to stop short selling.

Well worth a read.

http://epetitions.direct.gov.uk/petitions/62851

Rig Contracts.

Looks like 2015 should be the busiest year by far in the Falkland Island oil prospect areas.

No doubt this will steadily boost this share as even before oil is found, the supplier of infrastructure, services will always make money.

Good results yesterday - they'll be steady away as the oil industry gains momentum

Results better than they look at first glance.

The FIC section has done very well, leading the other sections of the parent company, with Momart for the first time bringing in results that have dipped a tad from previous results.

Looking ahead to the next 6 months, things look nicely placed to progress forward and looking even further ahead, my investment in FKL is looking positive.

Remember that the suppliers of infrastructure always lead before those who are there customers (klondyke gold rush) start to make productive progress.

Not ordering the Bentley quite yet,2015 is looking interesting to say the least!

As we all know the oil industry of supply and demand is going through a tremulous time partly caused by demand slipping and the role that shale gas is playing in the USA, but what we are mainly seeing is a power struggle between the OPEC and none OPEC countries, again a fact I think we all accept.

Whilst accepting that within a couple of years, demand will be pushing supply, I tend to look at the situation in a simpler way when it comes to were we are headed.

This to my mind is like a supermarket price war obviously on a far bigger scale, and we all know how they end up, once the dust has settled and the smaller struggle for a profit outfits have gone to the wall, the average price ends up higher.

With the FI fields being new and not due to come on line for at least a couple of years, I feel that Fogl will be well placed (pun intended) to take advantage of the higher price of oil that's to bound to return.

I appreciate many small oilies are down today including some, but not all of those in the Falkland Fields, but usually FKL follow up or down by smaller percentages.

Today FKL is well down on little trade with the offer moving far closer to the bid, leaving a spead narrower than normal.

Anyone any idea why, as I can't find anything.