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.

I managed to get a load of DES and some RKH this morning, very nice to have a low price to buy in more :)

lol

"a load"

Nothing changes there :-))

I rest my case......all the slating I had from pro whats his face....now we know where rkh is going.

If this does not come up right with the sea lion test.....ouch !.....

I franlkly think that if I was Marky or Prosels that I would sell one third of the holding now ....I'm not selling my lot but they have loads of this stock and there is now a certain amount of risk......this was never going to 900p, that's dreamland.....perhaps later on it might but we are a long way off from that....

BB - brave man to make such a statement!

Keep your feet on the floor rf like me, reckon pro could get sued for ramping.......

There are too many might be's on this thread Av, could be another hawk....think about it.,.

rf... selling ?

FFS, I have just been buying lots more DES and some RKH this morning on the drop !!


Onwards and upwards, Sea Lion flow test and then Rachel (and RKH have a 7.5% interest in Rachel too !).

pp how many bopd are needed to justify a sp of 600p?

http://www.fox-davies.com/media/181949/fdcrockhopperaug182010.pdf

Fox Davies flash note Still a Buy

marky is their tp of 350p before or after the flow test results?

The value here is about size, not about flow rates. All it needs is to prove it flows ok, say 1000 bopd or more per day, and its declared commercial with trumpets and sounds and a big rerating of the share price.

350p ahead of flow tests and should be 750p after flow tests (that is without any upgrades).

Upgrades means higher prices :)...... bring it on.

Hal, the 3.50 target price is purely based on the 242 mill barrels they have once a successful flow test has been carried out it will be re rated on their finds.

Pro i would like to see a lot better than a 1,000 bopd more like 5,000 bopd.

markymar, if you talk about 5000 and then its 2000 then you will have the idiots posting all sorts of nonsense.

Better post 1000 expected and let them have 5000 actual..... shuts the idiots up ;)

LOL

marky does 5000bopd make it commercially viable (bearing in mind the location) we were looking for quite a bit more?

5000 bopd is more than enough to be commercially viable, its well above the bottom line for commerciality.

Hal the location is not a problem the API was bang on and i dont see why she wont flow more than 5,000 bopd.

Am very up beat on the Sea Lion flow test i dont think there will be any problems at all, but will stick my neck out and think it will be upgraded to 400 to 700 million barrels.

Broker snap: Rockhopper fall a buying opportunityDate: Wednesday 18 Aug 2010

LONDON (ShareCast) - A year ago the share price of Rockhopper Explorationwas languishing in the mid-thirties, and now it is trading close to 300p, even after the setback of finding no oil at the Ernest well, but Westhouse Securities thinks it has further to go.

The broker, which specialises in resource stocks, has cut its target price to 617p after what it termed a disappointing result at Ernest for Rockhopper, but that still represents a target that is double the current share price.

This mornings weakness should be viewed as a buying opportunity, the broker argues, adding that its share price valuation and target price for Rockhopper is largely underpinned by the Sea Lion discovery, which will be the subject of imminent testing