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.

hali - indisputably a racing certainty

Sorry Toya/cynic had to mow a meadow but the dog wouldn't come.....
Agree with censorship of the knees Toya...doesn't leave a lot to see.....stand well to the side cynic then we can see the surroundings....
Let me know what date and pub your going to lunch in next week, you never know
might get a day off, but it'll be a last minute decision..:))

staying at woolley grange if you know it
we'll get there thursday afternoon and leave saturday morning

is that where they record the Archers????
will see what we can do. Blimey... you can treat me to a birthday meal friday......
bring plenty of cash..:))

and before you ask.....no OAP rates do not apply yet. got to go, back tonight.

woolley derives from st olaph, so there's some useful trivia for you

cynic -sounds like fun in France. I'm off for a few laps on four wheels at the Le Mans Classic in the Austin Healey next month

one of my fellow veloistes has a couple of venerable bentleys, though of the touring rather than straight-6 variety .... i enjoy driving, but really can't be arsed even with washing the damn things

Sea Lion alone, flow tested at the current P50 is worth 720p in the ground.

That excludes cash, Ernest, all other prospects etc........

Simple patience, wait, hold fully paid for stock and big rewards are coming.

Do not forget, all the same names were agreeing to sell at 90p, and again at 180p, and at 230p...... they were all wrong before and will be wrong again.

pp don't forget the environmentalist lobby, revised regulation is likely to affect future drilling.

halifax, RKH are not drilling in the GoM or the USA.

Barrack Osama can scream all he wants, the rest of the world does not care at all.

exactly so, and though south atlantic is a very harsh master indeed, the wells are not deemed to be that deep - and it'll be 5 years before any oil starts flowing

Brought some more today. Was keeping a pot of money in case the likely FOGL duster happens and there is a RKH dip for an hour or so, but then given I will probably miss a short term dip I decided to spend half the pot now and buy more as its back near 280p again.

pp you appear to have forgotten the penguins also known as rockhoppers! Ignore environmentalists at your peril.

sp slowly slipping.

If FOGL hit a duster, RKH will briefly take a hit, imo. Am thinking of putting a limit buy on the system, but can't decide the correct price. Maybe somewhere around 240/220p. If FOGL hits a gusher then it won't trigger anyway. Am unfortunately locked out of FOGL as not prepared to buy at 198p, so this seems the best way of taking advantage of possible bad news.

Halifax your deramping the wrong share it should be your BOR shares as its targets are all deep water and need a drill ship or rig that can drill to those depths.

Maybe why they have no EIS as they are not going to be able to drill hence the shares in BOR should be worth 2op

Harry

RKH have hit oil and FOGL hitting a duster will do little to the share prices as it means its coming to RKH to flow test or drill Ernest next which means the share price will rise.

Trying to deramp this share makes you both look foolish.

marky can't speak for harry but our opinion is some profit taking would be sensible after such a rapid rise in the sp,as you will no doubt agree there are still many questions to be answered. There is some potential upside but we would rather have some profit in the bank than risk a costly disappointment.

marky, I have never deramped a share & I take issue with your accusation. You have a vested interest in RKH & you are not therefore impartial.
I stand by my theory that any duster in the Falkland area has a temporary knock-on effect on all Falkland drillers. Should FOGL drill a duster I think DES & RKH sp will take a very short term hit. If that is the case, I will take that opportunity to buy more shares in those two.
As for looking foolish, locking a great deal of cash in to an oil driller over a period of years, if not decades, is very inadvisable, imo. You got lucky & I bet when DES hit their first duster your buttocks went into overdrive clench mode. Spread the risk has always been the sensible advice from seasoned investors.
Also, I still hold some RKH shares from 58p, so deramping is not in my interests.
marky, I assume you backed Spain in the W/C, which is why you are p*ssed off?? ;o)

Harry it was only a few days ago when RKH raise 48.5 million at 280 pence per share to Institutional Investors and the share placement was three times oversubscribed.

Now am sure these guys would not subscribe to this share if they thought the share price would drop to 2.20p hence they took the offer of 2.80p.

RKH is a done deal in my case there are two stages which will increase the share price Sea Lion a flow test then an appraisal and updates on the size and flow rate then the share price will be between 5 to 8.

Then you have the drilling of Ernest in the next 20 days so Harry talk of 2.20 a share I find foolish.

Halifax you are correct a profit is not a profit till its banked .