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.

Think he's still asleep.......dreaming.,.

lol blackdown

Talk about pot kettle and black!

You've obviously forgotten about your pumping AMER thread!

God's own envoy - having derided this company and FI in general initially, i was eventually persuaded otherwise by marky and have followed ever since .... from memory, i originally bought in at 60p or thereabouts and have held and traded ever since.

marky talks considerably more sense than you do, and that's for sure!

Tend to stick to the RKH thread on MoneyAm as the same thread on other sites has gone rapidly downhill mainly due to in fighting. Don't let this thread go the same way. I am 'not' taking sides, but would like to suggest that if a poster feels that another poster is ramping/de-ramping incessantly, or is just stating facts that you think are wrong, then please just make your feelings known, but don't go on and on.
Most of us on here have a sufficient modicum of intelligence to sort the wheat from the chaff, but the continual tirades of 'yes it is, no it isn't' are I am sure getting in the way of informative posts.
As said, not taking sides, just want to get this thread back to being one of the best informative sites on MoneyAm.
Will be out of the link for a couple of weeks, but look forward to catching up with the RKH story when I return.
Regards to all, Greek.

2 weeks is too early as no real news now due until early/mid october

http://www.proactiveinvestors.co.uk/companies/news/20756/rockhopper-exploration-begins-flow-test-on-sea-lion-oil-discovery-well-in-falklands-20756.html

Rockhopper Exploration begins flow test on Sea Lion oil discovery well in Falklands
Monday, September 06, 2010 by Sergei Balashov

Will be intresting the next 30 days as RKH have their AGM on the 30th September now will they have their poker faces on at AGM or will they play their cards before then.

poker face for certain .... it's exactly how they have played to date, and quite rightly so too

Am tempted to buy on any weakness in the sp. 300p or less looks good. (Trading low today already c308p)

we would wait after reading FIG's recent statement regarding no guarantee of the find becoming commercial and the need for further drilling perhaps over years to come to prove the find, they seem to be cautioning investors.

Hi Cynic,

You say, '2 weeks is too early as no real news now due until early/mid October'.
Obviously agree but I have a habit of coming back from holiday to find some unexpected news on most of my top 3 shares in volume invested.
RKH is one of those 3, so hopefully RKH will though be quiet for the next 30 days or there abouts, as if there is news it would be unexpected and therefore probably bad, so not expecting any.
So by catching up, could been trawling the internet and other media and finding, 'All quiet on the Falklands front', at least were RKH are concerned.

Cheers for that h! I was firmly committed to my investment strategy until you put doubt in my mind!

Harry not trying to put you off merely pointing out what FIG has said about the possible outcome of the well test.

Nice rises yesterday and today....... decent buying, good demand.

We should see a good steady rise in the share price from now on with high expectation of a good flow test.

Weather in FI a lot better and little wind the next 5 days so no more lost days on the OG.

"FIG's recent statement"
Who is FIG?
Can someone give a link?

Thanks

Mr Hatter


Falklands Island Goverment......FIG

Thanks Marky

I think a lot of people are missing the point on RKH flow tests on various boards.

Before anything else you must consider ;

1/ The Sea Lion well was an exploration well, therefore it is not in the optimal place given all the new data they have since drilling and the interpretation of that data. Being in a non-optimal place any flow test will be limited in terms of rates.

2/ The Sea Lion well will be Plugged and Abandoned after the flow test, due to it being non-optimal placing in hindsight and also it costs far too much money to keep a well in "suspended" status when production is years away. This campaign is about proving oil.

3/ Appraisal well/s will be drilled, not only to map out the size and depth of the structure (given they have not found the oil/water contact and it may be much bigger than presently thought), but also to check the flow rates from more "optimal" locations for production wells.

4/ Appraisal wells, being located in "optimal" places (based on the new data) will likely flow at much higher rates.



All that is being done here is basic flow testing to allow the models to have some real data to work on, which will then allow them to know what future appraisal wells and production wells in optimal locations should flow at.


"Successful" flow tests here are simply " .......a flow rate that validates the models and allows the company to be sure than future optimal placed wells in other locations in the Sea Lion structure should produce at xxxx bopd flow rates..........".

Thats all, its very simple.

Trying to convince himself of too much ramping....4.50 still on the cards.,.

.