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.

DYOR ! Mr Ramp / Deramp (based on whether you have purchased or just sold).

Don't usually post on this thread, as I find it difficult to get my head round any oil info figures, as my oil knowledge is limited to that expensive, messy stuff you put into a car engine.
All I tend to do is compare with other oil fields, flows, quality, pressures, size etc.
I do have an excellent site but it takes some understanding.
http://www.spegcs.org/attachments/studygroups/5/2009_06_PFC%20-%20Expanding%20Knowledge%20Workshop%20Session%202%20-%20SpeakingOilGas.pdf

So happy to leave posts to those with more knowledge.
Just wanted to say thanks to those that post with more know how.

NOTE..... This was posted on another site at 11.47 on tuesday...... Rh1n04real wrote: Afternoon all just had a phone call saying that when they ran down to perforate only the top guns fired so therefore they only well tested one zone which would make sense on why there calling this sealion 1. I believe that there is another rig coming in about 5 months but not sure if it will be for RKH or DES ive been told that this will be talked about in the AGM.

I appreciate we read so many, 'I have inside info' posts, that are just someone spouting off, so I never pass these on but, as he/she was right re the 'guns info' it is make your mind up time if the other info has credibility. Not saying it is or not, but thought it would be worth mentioning.

Prosels ...don't get me wromg...in time this could be 10 or more.....but I try to maximise....and don't always get it right...but I don't like losing...so I have a tendancy to go with the flow of the way I'm thinking....at the moment ...profit taking might and should kick in...

meanwhile, some sanity has returned to the market, and sp has dropped back pretty much to o'night levels having been +40 at opening

I think we shall have to get used to their double rns's....one a few days after the first one...seems to be a trend with this company......for me this is now a 450p target, unless a takeover or a second rig appears...or anything else....

Profit taking kicking in now.

What was I saying ?.....

re - sp has dropped back pretty much to o'night levels

They say sell with the news, that is what it seems is happening
now just below 500p, a dangerous point

and i still got a 550 sell order for today

does one buy again at 490?

RF better to have too many rns's than none at all as with some companies.,.

True.....so far very clear ones at that....

Cynic, yes for a short term bounce, imo. (although already 508p!)

The real news is still to come, that is the major two pieces of news.

Sea Lion upgrade and also "Other prospects update and upgrade".

:)


This morning shorters got toasted and had to close, creating a spike, then the short terms reload their shorts and try to get some of their losses back.

Should be a strong finish to the day IMO :)

cynic, you have no chance of buying at 490p !

I have taken some advice this morning from some one who is a geologist and I respect his opinion, this is very good news as to the flow rate, as this can be improved and no reason why you can not get this to flow even higher.

This will attract attention from other parties as its good news.

I am still under the assumption that an upgrade on the size of the prospect will be in the coming days and that its 500 mill bb +

Thats my penny worth so far

thanks marky .... your input respected as always

am i a buyer at 510'ish? ..... doubtful, given that i already hold a fair number (not a warehouse-full like marky!!)

marky, not only Sea Lion size, but also a full review (and addition of new prospects) of the licenses and their prospects.

Plenty of major news coming this way :)

Why would you buy cynic, you just sold at 504p the other day........

I'm a holder, as I have said before, but am surprised at all the news flow. Have also had my eye on Nautical oils newsflow, they seem to have been very clever with their strategy. I think RKH will now have to decide if they are an explorer or producer. They do not have the infastructure of someone like Cairn so will be interesting if they start farming out.