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.

why? ... did u think u might off-load a load your old shit onto me?

oh No Cynic ..... this and other FI will have there day soon enough ! ; )

"A sharp tongue does not mean you have a keen mind"....... a cynic

I bet your brain feels as good as new, seeing that you've never used it cynic.

You cant see the wood from the trees

Always the pessimist cynic? Is there no other oiler than TWL??

TLW, I meant.

HOIL will do for starters .... EO. as a gamble, but at least it operates in safe waters .... HAWK - is clearly being groomed to be taken out, though how far away that is, no one knows, and they only produce a bucketful a day at the moment

cynic if you press on the link it will take you to RKH web site where there is a cube with oil in which you can play with which might stimulate your brain a little.
http://www.rockhopperexploration.co.uk/exploration/falklands_oil_cube.php

The cube contains oil recovered from the Shell well 14/10-1 during the 1998 campaign,which is now RKH acerage so oil has been recoved.

"The well results confirmed the presence of one of the richest source rocks in the world (source: BGS)."

wowee! .... and how many years do you reckon it will take before this "oil eldorado" proves its reserves (and its quality) and can actually be exploited and the stuff brought on stream? ..... even taking the first bits as gospel, i would hazard a guess at 7/10 years

Cynic a guess? so you dont know what your talking about again,why dont you go away have a read on RKH web site then the BGS web site and then write something but try to put your brain in to gear first as you are sounding like a proper clown.

Your talking rubbish again the same man who said oil would have to be $100 to extract it out of the ground....wrong again!

Its quality?in the post above "The well results confirmed the presence of one of the richest source rocks in the world (source: BGS)."
SO either you cant read or as i thought just thick.

and how much of it? ..... and if it was so damn wonderful, don't you find it amazing that no one has yet got near to even thinking about drilling?.... if you are such a smart-arse, what level do reckon crude needs to be to make it worthwhile extracting, and even once found in commercial quantities, how long until it it will actually be flowing?

and how much of it?

Prospective reserve update :

Increase estimates from 1.2 billion barrels recoverable
on an unrisked basis to 1.8 billion barrels recoverable in
licences PL032 and PL033

Overall total reserve potential increased to 4.3 billion barrels
recoverable

and if it was so damn wonderful, don't you find it amazing that no one has yet got near to even thinking about drilling?....

"Rig availability, financing and all relevant
consents, we are ready to drill."EIA has been submited and waiting for thumbs up and a Rig to become available.

if you are such a smart-arse, what level do reckon crude needs to be to make it worthwhile extracting

Rockhopper acreage could be economic at
an oil price as low as $25 per barrel.

how long until it it will actually be flowing?

Not sure Cynic but with Desire they have always said if they hit oil that they would sell up or sell part of it to a major oil company so its very good that Desire have Acadia as partner as Acadia are part of the company of seadrill.

All you had to do was read the last interim report from RKH for most of this info
http://www.rockhopperexploration.co.uk/pdf/Interim_031208.pdf

Both Desire Petroleum and Rockhopper Exploration who both hold licence in the NFB are drill ready.

From Desire Petroleum Operational Update in Feb

http://www.desireplc.co.uk/investor_relations_announcements.php?article_id=119

The forecast for rig activity throughout 2009 is for a reduction which is supported by the willingness of contractors to enter into discussions that were not possible three months ago. Several discussions are ongoing at the present time and it is envisaged more opportunities will present themselves in the near future.

plenty of rigs avaiable and have been for several months ..... try going to aberdeen and looking around.

all you have to do is read the TLW thread and you will see that 3 years from find to flow is exceptionally short ..... that particular find (off Ghana) is pretty easy in oily terms, which is not something you could say about the falklands .... 7/10 years is probably much closer than 3

extraction price .... now read what you wrote properly and without rose-coloured specs ..... 10/1 on that $25 is nowhere near the level at which it would be commercial to extract ..... iraq is about $55 i think, and that is not high in the realm of things ..... $70/80 is probably nearer the mark

Cynic,

I have tried to be helpful and give you the correct information with the links to the information which state numerous facts about updates and news I am at a loss why you cant understand what is written in black and white in front of you.

God help your employer, talk about giving monkeys guns

i am the employer ..... and much as it may amaze you, we are both profitable and almost never lose staff.

anyway, you are welcome to this stock, and i dare you will say the same about mine

Cynic

If you dont have the basic skill of been able to read a interim report and understand the information and understand the basic facts they are telling you then I would think you should stay away from shares as you certainly do not no what you are talking about at all.

Am surprised you can run any business with you intellect are you a clown for parties or a city banker as that would explain a lot and why we are in the mess we are in now.

life is full of little surprises .... as i said, if u want to chuck money into RKH, then that is your choice and assuredly not mine ..... in your opinion, which is patently not mine, you think RKH is probably the greatest thing since sliced bread, and virtually money for old rope.

anyway, your assessment of me is as wide of the mark as i think yours is of RKH ... it happens that ours is a successful leasing biz, where one part has carved a very succesful niche in supplying kit for the oilfields and similar ....... whereas your job was working for whom?

life is full of little surprises .... Aye that is true, I have made on Fogl and Rkh in the past and still not off the mark yet so I can not put these little oilers down, they have made me a few wine tokens, And in time still alot more to come ! all IMHO ;) There is always PRL Cynic ????

I remember cynics stance on SEO, am still smarting from not listening then.

SEO was just a silliness for me ..... i was totally staggered by the number of lunatics who reckoned it was going to come good "any day now" and the shedload of posts engendered there

Cynic this is the last interim report from RKH.........where does it read $55 to get oil out the ground or do you think Micky mouse wrote it.


Am sure who ever worked out the economics knows a lot more than you and me and is a expert in there field.Also after reading what they have said it does not sound that they are 3 years or more away from drilling at all.

Read the Interim report you might learn some thing.

http://www.rockhopperexploration.co.uk/pdf/Interim_031208.pdf


Falling commodity prices do not necessarily
impact our fundamental business case, as
previous work indicates that a discovery on
Rockhopper acreage could be economic at
an oil price as low as $25 per barrel. Indeed,
in our view, a period of lower oil prices would
be likely to feed through into lower service
sector costs, leading to lower rig rates and
enhanced availability. All of which could
actually prove to be of benefit to companies
in the exploration phase. To this end, we are
currently in discussion with a number of rig
contractors about securing a suitable drilling
vessel and from these discussions we are
already observing indications of an easing
in both rates and availability of drilling units.