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.
cynic
- 12 Mar 2009 19:39
- 264 of 6294
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
markymar
- 12 Mar 2009 21:44
- 265 of 6294
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.
cynic
- 12 Mar 2009 22:08
- 266 of 6294
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
hlyeo98
- 12 Mar 2009 22:39
- 267 of 6294
RKH is a share for losers...much like DES...just see the charts.
No further comments.
cynic
- 13 Mar 2009 08:46
- 269 of 6294
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
justyi
- 13 Mar 2009 11:57
- 270 of 6294
: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.
smiler o
- 13 Mar 2009 13:14
- 272 of 6294
Aye My 6yr old is off too Teacher Training Day marky !!!!!!!!!!!!!!!!!!
cynic
- 13 Mar 2009 13:18
- 273 of 6294
4.8m is bugger all .... it goes nowhere in the oily world
greekman
- 20 Mar 2009 08:31
- 275 of 6294
This is 'not' a ramp for Shell.
Don't usually post on here as a holder with FKL, but having seen many posts on several sites mentioning the possible correlation between lack of investment in new fields and the drop in oil price, the following article effect all oil exploration/supply companies.
Shell reported yesterday that although the price of oil is lower than it has been for some time, they will not allow the price to effect their exploration programme. They are looking to maintain their dividend and will if required increase their gearing in order to do so.
Not posting this to ramp Shell (I don't hold Shell shares or at present intend to buy), but just to show that although oil prices are on a recent low, oil companies need to plan many years ahead in order have availability when required.
Obviously the majors have the cash to invest in the future almost at will, but smaller minnows such as Fogl, Des, Rkh etc can not afford to step back whilst demand slackens.
They can not afford to slow down in the race for oil.
cynic
- 20 Mar 2009 08:40
- 276 of 6294
the majors will be more interested in swallowing "real" companies like HOIL and TLW and PMO rather than some twopenny-halfpenny E&P company with nothing but blue sky
cynic
- 20 Mar 2009 09:32
- 278 of 6294
lying about what?
that none of the 3 companies i mention have proper flowing oil?
that RKH, FOGL etc etc are just diddly-squat blue sky companies?
that majors will be more interested in buying companies that have already done the hard work and are productive?
my stance has been consistent on this issue for a very long time, even when i held no oilies at all so please specify your gripe.
cynic
- 20 Mar 2009 16:29
- 279 of 6294
you're very quiet markymar ..... why would that be?
i just love peeps like you who tell me i am just touting the likes of TLW and PMO and HOIL and should buy AMER or RKH of FOGL instead ..... i don't think so!!!! .... but then, to use your own phrase, you're so thick you can't even understand the basics
cynic
- 21 Mar 2009 18:50
- 281 of 6294
as always you are totally incapable of anwsering a question ... if a porky is a lie, then where have i lied? .... and if you are capable of answering that one, unlikely as that might be, please tell us all what you consider to be touting (unwarranted recommendation) about reminding you and others of 3 companies in which i happen to own shares, that are doing very well - whereas RKH assuredly is not, and for good reason
cynic
- 21 Mar 2009 21:05
- 283 of 6294
as suspected, you are only capable of being infantile and clearly totally incapable of sensibly defending your corner, merely believing, through self-delusion, that further abuse strengthens your line of attack .... pathetic