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.

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

what would you do master???

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 its in the Penguin news!!!!

Thought it might be marky.

Very Fishy about the land owners!!!!! Have u a copy?

lol...whats the matter with the landowners?

Its been well thought of years back chav put in Cantray Limited in google and guess who got a sniff of it back in 1998 on iii.

I had the discussion with Cap Guns along time ago .

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."

2012 is a long way away for the markets

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.

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

2012 is only fourteen months away!!

It will be at least 2 years...the back end of 2012 at the very earliest...it's the south atlantic for pete's sake.....they haven't even planned the next appraisal well yet.....so perhaps 2.5 to 3 years away.....

14 days is long enough!!!( DES results in that time - Seems like eons away!)

EONS = The European Oncology Nursing Society! ..... in this country we use aeons from the Greek ..... ignorant Amis know no better as usual!

.

Eon is acceptable & comprehensible when used as a word rather than an acronym, even in the UK, hence written in lower case, but criticism accepted! ;o)

i am a dinosaur who resents (almost detests) americanised spelling ...... we are all getting brainwashed by the dreaded embedded "spellcheck" from microsoft