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cynic, marky was abusive and writing abusive crap, which I was I squelched the idiot and will squelch anyone who cannot keep debate sensible and has to resort to idiotic abusive behavior. I disagree with a lot of what you write, but as you remain sensible and not abusive its possible to engage with you in discussion.

As for BOR.

Darwin has a flat spot. That is the "holy grail" in wildcat oil exploration.

It will be either gas to water, or gas to oil or oil to water.

Top case is gas to oil - that would result in a stupendous result.

However, given the size of these prospects, even gas on its own is fine for an LNG plant, however the other two (oil to water or gas to oil) would represent far better results.

Flat spot and other DHI's makes Darwin a "low risk" exploration well, imo.

I was wondering what that meant...thanks...

Nice, CFK must be p'd off.

http://www.buenosairesherald.com/article/95783/malvinas-peru-throws-london-a-line

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why is sp heading south then, albeit not dramtically?

Tax year end selling, Q1 end selling and March Spread bet expiry Tuesday.

This stock has risen strongly from the 40's - and given another 4 weeks of drilling lots will take some profit off the table and then buy back again later.

Nice recovery from being oversold.

Argies seem to be upsetting everyone at the moment - always a sign of a government desperately in trouble when they upset everyone else then cry how its all others fault, just like CFK is doing now......

http://en.mercopress.com/2012/03/24/us-relation-with-argentina-souring-congress-to-cut-special-trade-benefits

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Very silent here....but we are getting closer and closer to the targets....they might have already encountered hydrocarbons or gas shows by now.....if this hits oil....it will go ballistic if of a commercial size.....risky but with massive upside and this "flat spot" does make things very, very interesting....

rf when you refer to "commercial size" does that take into account the cost of bringing any oil found to market?

tell me hali, do you and your merry men hold any miners or
oil stocks? ..... if so which, so i would be moderately surprised if any of them have pipelines or refineries or similar already on site or even within say 25/50 miles of the wellhead

cynic what is holding up RKH from developing their recent find, could it possibly have something to do with the cost of bringing the oil to market?

go and ask them, but for sure a great many more reasons than the simplistic one you suggest .... meanwhile you (clumsily) avoid answering the simple Qs i asked

cynic sorry to say it but you have missed the point we were trying to make. we all know where the falkland islands are situated and we know little or no oil producing infrastrucure exists at present.also we know the cost of deveoping such infrastructure would run into billions of $s therefore major oil companies that could afford such investment are hesitating to buy into such companies as RKH, BOR, FOGL etc even if they may have found oil in commercial quantities.

you still have not answered the Qs i asked .... i don't pretend to be paxo or, better still, robin day, but you're sure not clever to be a politician either :-)

a few posts back i asked .....
tell me hali, do you and your merry men hold any miners or oil stocks? ..... if so which, as i would be moderately surprised if any of them have pipelines or refineries or similar already on site or even within say 25/50 miles of the wellhead


meanwhile, i am happy to hold a reasonable number of RKH which to my mind has the best prospects of any here ..... whether or not sealion and perhaps others prove juicy enough to tempt a major to take a bite remains to be seen ..... certainly if BOR flukes it, then assuredly RKH will benefit (rightly or wrongly) and it would probably make at least a few of the majors much more interested

your pretended expertise in the cost/value of extraction/production has certainly prevented you from benefiting from TLW - stupid boy! - and rather more arguably from AFR .... i'm sure there are a good many others too

cynic the obvious answer is of course there are some oilfieds mainly in the middle east and the US which have existing facilities nearby. as far as we are aware no such facilities exist in the falkland islands.

now try answering the question! ..... at times you really are a total numpty

i wonder how you would have reacted when BP made its discoveries in Saudi and Iran? ... or more recently, when drilling started in north sea, which at the time was considered horrendously difficult etc etc

probably along the same sort of lines that you put forward against FI (a somewhat left-field proposition i admit) and TLW and AFR, would be a reasonable guess

cynic, you seem to ignore the "flat spot" at Darwin and say "fluke it". Darwin has a much higher CoS than Sea Lion did pre-drill.

Best you remember that, as BOR could indeed, as you say, "fluke it"

I am long BOR, as you may have guessed.

Rumours should commence in around 10 to 14 days time imo, maybe sooner.

http://www.irishtimes.com/newspaper/world/2012/0327/1224313954479.html

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MrP - as i have already booked my profit on my bor short, i can take a relatively disinterested view except insofar as the drilling result will affect rkh (i'm long) to a greater or lesser extent

even best case scenarios only have a 5/1 chance of success, and so far less than bugger all has actually been found in the southern basin, so as far as i am concerned, bor will have to fluke it, rather as rkh did with sealion (of whatever true size that turns out to be)

further, bor will be skint after this drill, so it's definitely a case of shit or bust for them

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and clearly the market (still) does not share your enthusiasm either