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.

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.

nothing i see above to make me want to buy into this company .... all full of hypotheses and similar ..... shan't pick you up on what i take it are just typos of yours but if even you admit they are 3 years away from even drilling, then my 7/10 year estimate to be on proper flow, will not be far wide of the mark

RKH is a share for losers...much like DES...just see the charts.

No further comments.

Been drinking again hlyeo!!!,cynic am not asking you buy the share just look at the facts but your so thick you cant even understand the basic.

i've looked and rejected ..... you don't like my views, but that is your prerogative, but then you prob wouldn't buy PFC or TLW either

:osses increasing...


Rockhopper Exploration plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2008
11/18/2008

Rockhopper Exploration plc reported unaudited consolidated earnings results for the six months ended September 30, 2008. For the period, the company incurred a loss of $1,183,000 or 1.50 cents loss per basic and diluted share compared to loss of $725,000 or 0.96 cents per basic and diluted share for the same period a year ago. The loss has increased over the comparative period primarily as a function of an increase in administrative expenses and the charge for share based remuneration. Finance income for the period increased to $195,000 against $160,000 for the year 2007 due to the greater level of funds on deposit following the placing in May.

No school today justy or are you on school dinner break you missed this bit from the interims

Total cash and deposit balances at period end of 4.8 million

Aye My 6yr old is off too Teacher Training Day marky !!!!!!!!!!!!!!!!!!

4.8m is bugger all .... it goes nowhere in the oily world

Thats what it will be, I see he can still not put a sentence together yet and still copies and paste.

hlyeo98 must be still sleeping the drink off.