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.

Greek, Cynic. Maybe this will help you!

Oily explanations!

P50 is the median between low and best estimate, what they call "most likely".

What you must remember from todays RNS are wording.....

REGIONAL SEAL

NEW FAIRWAY.


This now means that through the other prospects and Sea Lion there is a good chance of multiple billions of barrels of oil for Rockhopper.

Stick the shares in the bottom draw because in a few years time they will be like 20 pound notes each one of them.

Those with shares now have the chance to be just like the initial explorers in the North Sea, you are in at the start of the story at bargain basement prices, so unless you are short of cash tuck them away and wait a few years cause the return on your RKH shares should be mega.

Proselenes/Kimoldfield,

Many Thanks.

Obvious when you think about it.

Great RNS.....HAPPY DAYS

As expected, it looks like it is staying in auction.

my estimate of 350 doesn't look too inaccurate either, though would not be too surprised if sp makes further headway ...... however expect some volatility as a lot of peeps cash in while others buy and/or cover short positions!

Great result......sp going sky high...

exciting.

I am not selling, keep saying that, but why sell when the words "regional seal" and "new fairway" open up the potential for billions of barrels for RKH.

Madness....... hold it a few years and you will see massive returns...... :)

Very exciting.

Manage to top up, whilst opening prices were being set. Bought at 371p, well above the opening price, but did not want to wait to see what the OP would be.
Still not worried re the 371p (obviously should have waited) but I am sure within days if not by close today I will be in profit on todays buy.
I can quickly see a shortage of available shares, playing havoc with the sp. It's yoyo time.

lol..

you gotta be nuts greek....

Dont think he is we just need the flow test and he will double his money!!!! would not suprise me if its on its way to the Falklands.

sold a third at 350p, come back in later. same with des..

SURPISED SP NOT OVER 400 WITH NEWS - A LOT OF PROFIT TAKING BY THOSE IN AT 30-40P? Another rebound throughout the day and early next week and after news spread over weekend?

Balerboy,

"You got to be nuts Greek".

You may well be right. Bought on impulse, not like me at all as I like to weigh up all the possibilities.
The present price obviously shows I should have waited, but I still feel my buy today will soon enter a profit zone.

Your sell to buy back in later may be the better strategy. Hope you time it right.

Note... Crystal ball was a bit foggy this morning!

Sold some as well....but not as good as you Balerboy.....I know that Marky and Pretzels will disagree but there is a long wait now ...a couple of months...I have not read through the whole rns.....this is over 3 now...I'm nothing to go by on this stock but this does seem high.....for the moment...sentiment will take over now for the sp....

I have been fiddling around with these in my SIPP bought at 82p sold at 177p and have sat back since then waiting for these results to firm. So back in just now at 314p. lets hope they go up before I retire:-0)