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.
ptholden
- 06 Oct 2010 22:22
- 3058 of 6294
Well, I've worked it out ;)
splat
- 06 Oct 2010 22:52
- 3059 of 6294
whatever you invest is 100%, ie it is your stake in that stock! Simple and unarguable mathematics.
chav
- 06 Oct 2010 23:35
- 3060 of 6294
lol
Balerboy
- 06 Oct 2010 23:44
- 3061 of 6294
Then he can never have 50% because what ever he put's in is 100% simples .,.
required field
- 07 Oct 2010 08:35
- 3062 of 6294
Is it not for every 100 shares in RKH ...he has 50 in DES ?...
cynic
- 07 Oct 2010 08:38
- 3063 of 6294
not quite - monetary equivalent .... all pretty obvious, but clearly some felt a little teasing linked to nosiness was due
Proselenes
- 07 Oct 2010 13:33
- 3064 of 6294
Just to remind ourselves of the over 600 millions RECOVERABLE (and 100% owned) barrels potential of just Sea Lion :)
http://www.thesun.co.uk/sol/homepage/news/money/city/3145751/3billion-Falkland-Islands-oil-boost.html#ixzz11g7fEICu
THE Falkland Islands are poised for a 3BILLION bonanza after tests showed an oil field off their shores is HUGE.
UK company Rockhopper Exploration said its drillings indicated 240 MILLION barrels were waiting to be tapped.
And some experts believe there are 700 MILLION.
The tax take from the Sea Lion field 140 miles north of the islands in the South Atlantic will be at least 2.5billion over 20 years at current prices.
It is the first commercially viable discovery in the region and could make the Falklands a fully fledged "oil province".
Finlay Thomson, oil analyst at City broker Canaccord, said: "This is enormous."
Rockhopper made its find in May but it will be at least a year before it draws up plans to start production.
Its shares leapt by 13 per cent yesterday to 470p - TEN TIMES their value in March. The company is now worth almost 900million. Other British companies have failed to strike lucky in the area.
Sources say the UK will want half of the tax take.
Argentina wants the UN to ban drilling.
Master RSI
- 07 Oct 2010 13:42
- 3065 of 6294
Someone is posting old news, must be desesparate like the old quotes.......
do not sell, but the shares have come down only 120p from the intraday high.
I would say I do not listen to those posters, but to the chart TA and Indicators that tell me what to do
Balerboy
- 07 Oct 2010 13:55
- 3066 of 6294
what would you do master???
Master RSI
- 07 Oct 2010 15:16
- 3067 of 6294
Balerboy
re - what would you do master???
dance to the tune or ...
sell high and buy low
At the moment waiting from what point is bouncing (fibonacci), it went under the 437p ( 38.2% fibonacci retracement) , so the normal thing is wait if it goes to the next step 50% or 403p.
It went as low as intraday 421p but as the market has been strong is having some support around the 430/435p now
CHARTS - 5 DAYS 1 MONTH

chav
- 08 Oct 2010 08:14
- 3069 of 6294
Thought it might be marky.
chav
- 08 Oct 2010 08:23
- 3071 of 6294
lol...whats the matter with the landowners?
chav
- 08 Oct 2010 08:34
- 3073 of 6294
I had the discussion with Cap Guns along time ago .
Proselenes
- 08 Oct 2010 09:37
- 3074 of 6294
I am starting to get a feeling that RKH might be fast tracking Sea Lion for production in 2012.
Moving to quickly appraise.
Planning permission being sought for a new port in the FI (ref below).
Talk of financial "credit crunch" being the only possible obstacle.
If they foresee raising money by poor levels of dilution is a bad way to further explore, it would therefore make sense to get Sea Lion on to production soonest, to generate the money required to further explore their licenses.
Therefore, will we be looking at Sea Lion in production in 2012 ?
EG the first appraisal well will be plugged and abandoned but the 2nd appraisal later in 2011 will be left suspended for production. I am starting to get the feeling that they are planning to implement fast track production for Sea Lion.
From Penguin News
"Director of Mineral Resources Phyl Rendell welcomed the news of a possible new port: Its a very bold initiative led by local business people which is a real credit to them, she told the Penguin News.Its exactly what the oil industry will need in the event they move to a production phase.It benefits the Falklands to have local companies involved at an early stage in any development phase."
cynic
- 08 Oct 2010 09:39
- 3075 of 6294
2012 is a long way away for the markets
Proselenes
- 08 Oct 2010 09:54
- 3076 of 6294
Who cares about the markets, 2012 is just 24 months from now.
If it does appear they will fast track Sea Lion into production, given the potential to be about 700 million recoverable barrels after appraisals, and given the very good fiscal terms of the license - well, is 24 months too long a time to wait for a very real and very large re-rating ?
Production will mean those barrels are properly valued, and for that to happen in 2 years is not a long wait to make serious money.
cynic
- 08 Oct 2010 10:12
- 3077 of 6294
more hypothetical rubbish from you! ...... you only make money if sp rises AND you bank the profit ...... markets generally only look forward about 6 months, though a regular flow of good news which then lives up to the promise will always bolster the price ...... no news leads to market ennui and a falling sp