markymar
- 15 Aug 2005 15:14
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.
Proselenes
- 05 Sep 2010 10:11
- 2486 of 6294
Cynic.......
It clearly says "Name and Prospective".
Therefore it is a list of the leads that RKH have, and what the estimated size of the RECOVERABLE resource, should it be a strike.
Hence Ernest is 0 as it was dry, and Sea Lon is 232M barrels.
The above shows how much more there is to RKH, and what they will be exploring in 2011 and 2012 and 2013....... billions of RECOVERABLE barrels to go for.
Balerboy
- 05 Sep 2010 10:23
- 2487 of 6294
This could be just one spot of oil in the ocean....ernest...liz ...great expectations from some ...turned up dry.....don't get too excited. imo for what it's worth.
cynic
- 05 Sep 2010 10:40
- 2488 of 6294
exactly my point ..... i KNEW an emu would recognise that even with his head in the sand even if a ramper can't
Balerboy
- 05 Sep 2010 10:43
- 2489 of 6294
we have our moments :)) no sneaking up behind either!!
Proselenes
- 05 Sep 2010 13:54
- 2490 of 6294
You have lost me cynic, unless you are talking to idiots I have squelched and no longer see their posts.
If you notice how many AIM oilers only ever refer to Oil In Place, or they fail to say "our poxy 15% share is only really xx barrels".
Refreshing for RKH to only quote recoverable figures, their net figure......... not some other misleading value (as many AIM oilers do).
Proselenes
- 05 Sep 2010 14:02
- 2491 of 6294
To illustrate just how exciting the future is (I have not purchased fully paid for stock and holding long term for no reason, apart from the significant present undervaluation on Sea Lion alone), below are the prospects that RKH has. The reason for long term hold fully paid is the vast potential you have here for billions of RECOVERABLE barrels and on top of that is vastly undervalued presently on just the Sea Lion discovery.
This list comprises of drilled and to be drilled leads, and their potential recoverable barrels per lead net to RKH in the event of success, of course, Sea Lion is now 232M and Ernest is 0 based on recent drills.
The significant thing of course is that in the East North Falklands Basin (ENFB) we have proven "regional seal" and proved "oil production" and proven "reservoir sands", all coming from the work done on Sea Lion.
This work significantly reduces the risk on Fox and Stephens and also makes Jason (of the bigger targets) more exciting to drill as an exploration well.
Putting in those 3 as very likely drill candidates for 2011 exploration work you have nearly 1 billion barrels recoverable, just from those three.
All damn exciting and why I do plan to buy yet more RKH and keep buying them as a pension investment.
Please note all figures referred to are "RECOVERABLE" barrels and not "Oil In Place".
Some companies like to simply hype the Oil in place (OIP / OOIP) figures as they are bigger obviously, but the real figure investors want is RECOVERABLE.
The figures below are also NET RECOVERABLE to ROCKHOPPER - as some companies like to forget they have only a small percentage of ownership and hype up the total find size, not their recoverable percentage.
Figures also exclude any of the potential from DES wells where RKH has a 7.5% share (eg the upcoming Rachel drill).
Rockhopper licenses.
PL032 and PL033
Name and prospective RECOVERABLE resources mmbbls oil unless stated otherwise
Sedge 55
Tyssen 14
Jason 350 = likely 2011 drill target
Sea Lion 232 drilled and firm in 2010
Chatham 65
Meredith 23
Walker 68
Louis 82
Fox 383 = likely 2011 drill target
Stephens 201 = likely 2011 drill target
Johnson multi Tcf gas
Berkeley 140
George 157
1.8 bn bbls recoverable total from PL032/033
***************************
PL023 and PL024
Name and prospective RECOVERABLE resources mmbbls oil
Beauchene 145
Bleaker 193
Concordia 44
Dolphin 287
Ernest 0
Golding 49
Keppel 580
Pebble 186
Saunders 434
Usborne 220
Weddell 254
2.2bn bbls recoverable from PL023/024
cynic
- 05 Sep 2010 20:15
- 2492 of 6294
because Mr P, it seems to me that this wonderful eldorado you paint so begulingly is all wishful thinking at this juncture - aka a load of bollocks until proven otherwise .... perhaps you take us all to be idiots, when just just maybe you should be looking in the mirror
chav
- 05 Sep 2010 20:34
- 2493 of 6294
If it was all proven then the sp would hardly be so low...shares are bought for 'could be' rather then what is 'now' ....thats how theBig Bucks are made ...and lost!
Blowing another gale in the FI's today so doubt much action on the OG.
chav
- 05 Sep 2010 22:57
- 2495 of 6294
Snowing like a twat at the moment marky, so not a problem for cold beer but the Speedos are still in the bag!
Proselenes
- 06 Sep 2010 03:33
- 2497 of 6294
cynic, yes I could take you for an idiot for claiming how you sold at 90p and it was so overvalued only later to then post you brought back in and then sold higher as it was again so overvalued and then how you got back in again and so on and so forth.
You have had no idea how to value this and have missed on on the big gains due to your constant buying and selling and posting so, this thread is littered with it.
If you cannot value the company (as its has been proven by your ill timed selling) then please, do not have a go at those who potentially can, and those who have been correct all along so far, even to the calling of Ernest to be a failure, which I said it would be before they started drilling :P
Now, take the words of Sam and "regional seal" and "new fairway" into this pic of some of the RKH prospects around Sea Lion........
PL032 and PL033
Name and prospective RECOVERABLE resources mmbbls oil unless stated otherwise
Sedge 55
Tyssen 14
Jason 350 = likely 2011 drill target
Sea Lion 232 drilled and firm in 2010
Chatham 65
Meredith 23
Walker 68
Louis 82
Fox 383 = likely 2011 drill target
Stephens 201 = likely 2011 drill target
Johnson multi Tcf gas
Berkeley 140
George 157
1.8 bn bbls potential recoverable total from PL032/033
aldwickk
- 06 Sep 2010 07:29
- 2498 of 6294
No comment from anyone on the RNS , must be to busy placing buy orders
Proselenes
- 06 Sep 2010 07:44
- 2499 of 6294
Rockhopper Exp plc
Flow Test Update-Sea Lion 14/
RNS Number : 1726S
Rockhopper Exploration plc
06 September 2010
Flow Test Update - Sea Lion 14/10-2 discovery well
Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that the Ocean Guardian drilling rig is at the location of the Sea Lion 14/10-2 discovery well and that operations to carry out a flow test on the Sea Lion main and lower fans are underway.
While testing operations can be more sensitive to weather conditions than standard drilling operations, the Company anticipates that operations will be completed in approximately 30 days. A further announcement will be made on completion of operations.
cynic
- 06 Sep 2010 08:19
- 2500 of 6294
i always thought i was a pig ignorant imbecile so it's good to have it confirmed by God's own envoy .... however, unless God's own envoy has trawled diligently through all the zillions of posts on this thread - perhaps he has a special filing system instead - i strongly suspect that much of what he writes about me is as much a load of bollocks as his pretence (oh alright, wishful thinking then) that what may be possible in RKH's holdings is actuality.
meanwhile, i am more than happy to have banked profits along the way, and equally happy to be currently holding an o'weight position .... perhaps this ignorant pig isn't so stupid after all
blackdown
- 06 Sep 2010 08:23
- 2501 of 6294
Cynic,
He's infatuated. Total loss of objectivity/reason.
Balerboy
- 06 Sep 2010 08:26
- 2502 of 6294
Thought pork was off the menu cynic.,.
Proselenes
- 06 Sep 2010 08:30
- 2503 of 6294
Cynic, I have been noting down a mental list from early days who has been "selling and why" and who is "buying and why".
It allows for an objective view of their "posts" and opinions on this company.
If a person was screaming its too high at 90p and selling and its overvalued, then how can this same person have a future objective view when they claim to have bought back in after the next rise upwards, only to say its overvalued and too high and they have sold again (before the next rise upwards where they claim to be "back in again").
I have consistently said since 38p I was holding, for the long term, not selling and expect very large gains. I still have not sold any and I have purchased even more along the way up.
I still am not selling and I still expect very large gains to come.
A good flow test, move to main market, fund raising for 2011 campaign and some success in 2011 and we could see a price of 2500p to 3000p a share for this company based on nearly a billion barrels recoverable in the bag.
As much as I was correct to hold from 38p to now, I expect in the coming 18 months to be correct in holding from todays 315p to ...... well, whatever it is in 18 months time.
:@)
blackdown
- 06 Sep 2010 08:33
- 2504 of 6294
I should give up whatever you're inhaling. It's bad for you.
Balerboy
- 06 Sep 2010 08:41
- 2505 of 6294
Think he's still asleep.......dreaming.,.