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.

Do some home work justy intead of sounding like a plonker.

http://www.desireplc.co.uk/technical_economics.php

18.5p isn't impressive at all now, eh, smarty marky?? RKH is a 10p share. You better do your homework.

as far as i can see, concrete(!!) results for any of these FI E&P companies is a very very long way off .... though i would anticipate oil to return to a "natural" level of say $95/100, that could still be 2/3 months away, and even at those levels, i wonder if any of these FI companies would be profitable, even if any of them actually found commercial quantities of oil.

with the markets likely to remain jittery for some time at least, i do not think it too late to short them, though FOGL would probably be my choice

All these oil type companies connected to the Falklands Area are long shots, that is why most of us have invested in them. Blue sky or bust.
Oil will for many years be a valuable commodity, with the share values of these companies being solely determined on the amount of oil found and the cost of retrieving it.
The so called natural level will be mainly down to supply and demand.
I doubt the price per barrel will fall to none retrievable profit levels for many years to come, should the amount anticipated on the surveys be forthcoming.
A huge gamble? definitely! but with a possible massive upside.

Justyi u havent done your home work have you at all as i dont hold RKH at present moment but that might change in the next few days.

Thought of you when i went to tesco tonight i picked up a loaf of bread and it had thick cut on it.

Hahahaha...13.5p...I wonder who is thick.

Justy,


I dont hold RKH shares!!! for the second time now i know your a little slow.

Now i might pick some up in the next few days as i think they are cheap but i will let you know.

I'd love to ask how old you are, but unfortunately I know you can't count that high.

Poor Justy the lights on but dim!!!

lol, u r funny markymar

I only hold FOGL , But as you say marky they do look cheap i may well pick up a few myself ; )

Marky,
Be rest assured Desire Petroleum is already following Rockhopper's footsteps.

RNS Number : 5120G Rockhopper Exploration plc 23 October 2008



PRESS RELEASE


23 October 2008

Financial Times Report

Rockhopper Exploration plc ("Rockhopper" or the "Company"), the AIM traded (RKH) oil and gas explorer with licences in the North Falkland Basin, notes the report in the Financial Times today entitled "Smaller producers get ready for consolidation".

The report wrongly quotes BHP Billiton as having bought into Rockhopper's assets.

Rockhopper holds a 100% interest in North Falkland Basin Licences PL023, PL024 PL032 and PL033 and holds a 7.5% interest in Licences PL003 and PL004.

Technical work done on the Rockhopper licences has indicated Director's estimates of unrisked recoverable reserves of 4.3 billion barrels and in addition has identified a multi tcf gas prospect. The acreage has both proven oil and proven gas and is located in relatively shallow water.

Work done at the time of admission to AiM indicated that a discovery on Rockhopper acreage could be commercially viable at oil prices as low as US$25 per barrel.

Rockhopper has no debt and had cash of over 4 million at the end of September 2008 (Rockhopper's half year end). The financial position of the Company has been unaffected by the recent turmoil in global banking.

While Rockhopper has not entered into any agreement with BHP, it can confirm that it is in discussion with a number of potential farm-out partners and is also continuing the search for a rig in conjunction with other operators in the North Falkland Basin.

Marky, you are so gullible...


23 October 2008

Financial Times Report

Rockhopper Exploration plc ('Rockhopper' or the 'Company'), the AIM traded (RKH) oil and gas explorer with licences in the North Falkland Basin, notes the report in the Financial Times today entitled 'Smaller producers get ready for consolidation'.

The report wrongly quotes BHP Billiton as having bought into Rockhopper's assets.

Rockhopper holds a 100% interest in North Falkland Basin Licences PL023, PL024 PL032 and PL033 and holds a 7.5% interest in Licences PL003 and PL004.

Technical work done on the Rockhopper licences has indicated Director's estimates of unrisked recoverable reserves of 4.3 billion barrels and in addition has identified a multi tcf gas prospect. The acreage has both proven oil and proven gas and is located in relatively shallow water.

While Rockhopper has not entered into any agreement with BHP, it can confirm that it is in discussion with a number of potential farm-out partners and is also continuing the search for a rig in conjunction with other operators in the North Falkland Basin.

what time does school start these days?

Justyi hurry along to school now you have 20 minutes before the bell.

Don't let you mind wander - it's far too small to be let out on its own

Oops...I'm late. But it's not bad for a schoolgirl to get this right, eh?

Get what right ? this has droped due to the market slump ! (dont you read the news ) and a drop in oil .. but the Good prospects still remain..it may take a year or so but still a good buy at 12p !!!

it will soon be playtime in playground

sorry, but extracting oil in FI, and that assumes the company finds any, is not only several years away but, at a guess, will require a lot of the stuff and a price north of $100 ..... therefore, how can this or FOGL or a number of others be a good buy now, other than good-bye to your money?

FOGL is the only one I am in at the moment and at 60p I still think you will see some price movement in 2009 4 Q It will not have to move much for some to make a profit, and when the drilling starts it Could go a lot higher just on hype and speculation as it has done in the past. I have made money on this share before at 100 and selling at 160 and there was no sign of drilling or Oil ???????????????????? but it still remains Fact ... Caution is needed in this market Things Change and quick !

Followed this thread due to holding shares in FKL, and the Rockhopper connection.
Have now squelched those posters who as someone pointed out are like pathetic children with their playground antics, who I presume as they either hold shares or have an interest are adults, or are they.
Thanks though to those who have contributed sensible comments, for or against.