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.

Heard the above before re Birds. Its about as true as its lucky to run over a black cat, or something like that.

The 'Bird' thing, might though as you say be a luck omen. It was not till I had posted, that I remembered 'Rockhopper' is a penguin.

On a serious note.....A lot can happen in world events in the time period between now and the finish of the next well drilling by Rockhopper.
The strange thing is that Oil is one of those things that can increase in value per barrel, due to both good news and bad.
In good times, people/countries tend to be better of financially and therefore use more oil/fuel and the price increases due to demand. Word strife on the other hand often means oil shortages, which also result in price increases.
We all know that prices can and often do fluctuate downward, but these lower prices tend to be temporary with the usual general trend upward.
So over the last say 10 years the oil price has always followed the trend of 1 step down followed by 2 steps up.
Oil is to modern life almost as valuable as water. OK we know we can't live without water, but imagine a world without oil, it would be back to the stone age.
In the past access to water was one of the main causes of wars. Oil as we know is now one of the main reasons countries go to war.
I still see posts stating that due to the current price per barrel, oil companies are not the investment they were.
I just can not believe how short sighted these people are.
The current sp is good solid value, given that only 1 well is proven.
Anything else is a bonus.

Chav whats the crack? Friday always a plus day

Still think I'll win my 50p marky!

Hows' the traffic in the Toon this morning?

Out of the Toon Chav in sunny Northumberland up by Hadrains Wall surrounded by sheep and cows and great views of the river Tyne and plenty of hills life is good! no hassel.

My 50p is looking good...

In deepest, darkest Somerset, we'll take 50p on news before Monday! Any winnings will be invested in cider futures

Chav i am sure i have lost my 50p well done, av sounds good.

So your not Capt Markymar doing the traffic on Metro Radio then?!

New i lost that 50p bet.......He lives in Corbridge old caps am not a million miles away.

Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, is pleased to announce that the Ernest 26/6-1 Exploration Well was spudded at 05.15hrs BST on 23 July 2010.



The Ernest prospect is located on Licence PL024. Rockhopper will drill Ernest as operator with a 100% interest. The well is being drilled to an estimated target depth of circa 2,400 metres. Drilling operations are expected to take approximately 30 days and a further announcement will be made once drilling is completed.



Ernest is being drilled using the fourth rig slot in the overall drilling programme of the Ocean Guardian rig. On completion of the Ernest 26/6-1 Exploration Well, it is currently anticipated that the Ocean Guardian will return to Rockhopper's Sea Lion 14/10-2 Well (100% Rockhopper) to conduct flow testing on the oil discovery.

27 minutes out huh!

Its spudded, off we go.

the confirmation, though not much market reaction.....

LONDON, July 23 (Reuters) - Rockhopper Exploration Plc : * Ernest 26/6-1 exploration well spud * Well is being drilled to an estimated target depth of circa 2,400 metres * Drilling operations are expected to take approximately 30 days

Perhaps a pint in the Golden Lion then marky?

TD should be 20 to 25 days IMO.

30 days will be with logging complete.

Therefore somewhere from 12th August onwards there could be "rumours".

Its a duster

.

Chav i pop in most Friday nights, your son still playing football?

Pro i had my eye on 20days + for this one

50% of that being a correct call? .... perhaps even 65/70% ..... that would certainly whack sp if true, but at least RKH has one decent find under its belt which is good insurance

sorry did someone on here ask me what i cleaned my TV with ?

nice one!

Found the officeboy blagger