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.

http://www.dailymail.co.uk/money/article-1293654/MIDAS-Wheels-turn-little-faster-Titan-Europe.html?ito=feeds-newsxml

Seven-fold rise at soaring Rockhopper

Rockhopper has never made a profit, does not pay dividends and is expected to deliver losses this year and next. Yet it has been one of the best-performing stocks on the Alternative Investment Market this year and brokers believe that the shares will continue to deliver.

Rockhopper is an oil explorer based in the Falklands and there is every indication that it has made a truly significant offshore discovery in the past few months.

Midas first looked at this business at the end of 2007, when the shares were 46p. Six months later, Midas Extra, the midweek online subscription service, checked to see how Rockhopper was doing.

The shares had almost doubled to 96p. At the time, Midas Extra recommended shareholders should keep at least half their stock. Those who took that advice and held their nerve as the shares later fell back should now be feeling rather pleased with themselves. The shares are 326p so they have increased more than seven-fold since they were recommended.

Most of that increase has come since May 6, when Rockhopper said there was reason to believe that it had found oil, the first such discovery in the north Falklands. Since then, updates on the company's Sea Lion Exploration Well have been consistently positive and the shares have rocketed.

So, should investors sell at these levels or keep faith? The most sensible answer is a bit of both. Even Rockhopper's most fervent supporters believe that investors who bought at 46p should sell at least enough shares to cover their initial investment.

Midas believes they should sell a few more, just to be sure of booking a profit on this story while the stock is so buoyant. But there are several reasons to retain a substantial holding.

First, chairman Pierre Jungels bought 23,000 shares at the start of this month at a price of 299p each. Jungels has been in the oil industry for more than 30 years. He was chief executive of Enterprise Oil in the late Nineties and is one of the most highly respected people in the sector.

If he is buying stock, that is something of a recommendation in itself. Second, at today's price, the firm has a market value of 600million, which implies the Sea Lion Well has about 90million barrels of oil in it, according to City analysis. Oil watchers believe Sea Lion could deliver at least 300million barrels and possibly much more, suggesting Rockhopper is significantly undervalued even at current levels.

Midas verdict: While there are plenty of indications that Rockhopper will prove a deeply rewarding investment, there is always a chance that the well will disappoint. Investors should make sure they book some profits - then stay on board for what could be an exciting ride.

http://business.scotsman.com/business/Rockhopper-investors-cash-in-on.6413017.jp

Linked and in full.

http://business.scotsman.com/business/Rockhopper-investors-cash-in-on.6413017.jp

Rockhopper investors cash in on Falklands bonanza

Published Date: 11 July 2010
By Perry Gourley

INVESTORS who bought into Rockhopper Exploration before May are sitting on gains of more than 800 per cent.

News of the oil explorer's progress at a well off the Falkland Islands has seen the company's market capitalisation rocket to more than 600 million.

Last month Rockhopper increased its estimate of recoverable reserves at the Sea Lion prospect from 170 million barrels to 242 million barrels and said it had "significant upside potential".

After such a meteoric share price rise some profit-taking by board members would be expected, but two directors of the firm have instead increased their holdings. Executive chairman Dr Pierre Jungels bought 23,350 shares at 298.5p and non-executive director Chris Walton bought 8,300 shares at a similar price. They now own 889,424 and 32,109 shares respectively.......................

This is the bit of advice you should follow.

Midas says - There are lots of indications that Rockhopper will be a deeply rewarding investment, however there is always the possibility that the well will disappoint. Investors should make sure they book some profits - then stay on board for what could be an exciting ride.

Why ?

Cut your losers, run your winners.

Anyone taking a few profit should have done so BEFORE the CGT changes came into effect, to not do so then, but then do so now would be madness.

This should now run up to 400p or more in the weeks ahead on pure speculation of Ernest.

You are absolutely correct aldwickk. There are a number of scenarios which could affect RKH share price, including unexpected military action from Argentina. Bank some profit & let the rest run is totally logical & very sensible advice. The answer to the question 'Why' is because the unexpected can happen to any company (BP is a very good example).

your looking to be squelched harry..gut feeling not allowed.,.

Ooooh! I don't think I have ever been squelched! Yet another example of the unexpected!

Well I cannot see post 1957, so it must be someone I have squelched who has now squelched you... LOL ;)

Harry, in that case you should sell some of everything you have, as anything could happen to all of them, at anytime, so is it best to sell everything now ?

I am more than happy to keep holding, Dr Jungels buying a lot more keeps that BIG confidence vote going.

The line of interest from the Mail article is this one :

The shares had almost doubled to 96p. At the time, Midas Extra recommended shareholders should keep at least half their stock.


So they told people to sell 50% of their holdings at 96p - WELL DONE anyone who did not follow their advice..... !!! ;) LOL

FOGL - The well did not encounter any reservoired hydrocarbons and will now be plugged and abandoned

FOGL stock will be a disaster and other falklands stock will suffer in sympathy, whether deserved or not

Toroa only had a 15% chance of success and its absolutely no surprise for a duster for FOGL.

http://www.investegate.co.uk/Article.aspx?id=201007120700201656P

Luckily the South Falklands is nothing to do with the North in terms of the oil and gas production and potential, and now the focus goes to RKH, the only one so far to find oil and one that is still vastly undervalued IMO and offers great upside.

My strategy of adding only to RKH and holding only RKH is paying solid dividends. Buy the others BUT only when they have found oil, and if not then keep adding RKH, more and more while its still so undervalued and while Sea Lion still has so much upside potential on the 242M barrels P50.

I have buy orders placed now at different prices in case of a dip first thing.

The MM's and shorters might try it on with RKH (why I do not know but they might), however I expect there to be strong buying kicking in, hence I have my orders placed now waiting to be filled on any temporary drop down.

Did you get topped up Pro as it was a short drop and i expect a rise all the way past 4 over the coming weeks.

Come on the rock!!!!

No, not one of them filled.

Barstewards !

That's the trouble with orders....and sometimes you get terrible prices....

Looks like pretty much even buys v sells traded so far, so maybe sp will drift once the hype is over?

No Hype Harry....the rig drills Ernest next hence the price will rise....level 2 showing a lot more buys orders to sells.

Sold a few at 336p

Harry, in that case you should sell some of everything you have, as anything could happen to all of them, at anytime, so is it best to sell everything now ?

That was a silly thing to say Proselenes , Harry was talking about locking in profit not selling at a lost or at a small profit but shares that have shot up 50%+ in a matter of weeks.