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.

assuming not a freak, then from a chart point of view 25 or even 30p should be quite achievable, but it's still a very long way from 200 dma

yes, i read on other thread that someone says you are a bully, cynic......maybe a freak too! do you buy shares? i think you are just bored and sad and lonely with nothing to do.

i am actually quite a lively chap who happens to run a still very profitable biz for its size and am also married ...... i also have quite a respectable share portfolio which has performed very well over the last couple of months (must rememeber to bank some more profits!).

as for beng a bully, i am afraid i am just a 9-stone weakling ...... by the way, have you now turned into an obsessive purveyor of inane comment having been grizzling heavily about same just 2 days ago, or are just bored and sad and lonely with nothing to do?

http://www.britishbulls.com/StockPage.asp?CompanyTicker=RKH&MarketTicker=Oil%20and%20Gas&TYP=S

BUY
CONFIRMED

Bollinger Bands

RKH.L has closed above the upper band by 12.6%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 12.6%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 37.7% wider than normal.

23% up today shows signs the trend will continue upwards

Marni,

From your posts it is obviously cynic you are complaining about, I am afraid you are wasting your time.
If you reply it just encourages him. Just Squelch him, if you don't want to waste time reading through his pointless posts.

ah, but you then miss the fun of the fair, and marni despite protestations is equally adept a posting the inane and pointless

Thats very harsh greekman, our 9st friend is very frail. BUT has a sharp tongue.....lol :))

and, though i say and flatter myself, a fairly sharp brain too!

Does that mean you have a big head???? thought I'd say that before the others.

so large it has engulfed nearly all my hair

copy of post 286 ..... speaks for itself!

self-explanatory comparative chart over last 6 months
RKH comfortably coming in the rear(!) in dark blue
FOGL = red
PMO = green
TLW = black
HOIL = gold

By J. Brock (FINN)

A public meeting to present an environmental impact assessment by Rockhopper Exploration PLC took place at the Falkland Islands Chamber of Function Room at 1730hrs on Monday, 04 May 2009.



Presenting information were Sam Moody, the Managing Director of Rockhopper Exploration PLC, Mark Gillard of SPD Ltd, the Well Construction Manager, Dr Scott McKelvie of RPS Energy, HSE and Risk Management and Dave Brodecott, Rockhopper Explorations Exploration Director.



In his remarks Sam Moody said that this was Rockhopper Explorations first public meeting in the Falklands or anywhere as a Company. He thanked Pippa Christie for organising the event, Kevin Kilmartin and Leann Harris for helping and Jenny Forrest for organising their travel to the Falklands.



He went on to say that Rockhopper Exploration were planning two to four exploration wells and that they were committed to two but should more money come available four would be drilled.



The assessment itself looked at all possible impacts on the environment, the risks, and mitigation of risks as well as a disaster Management plan. He continued that thus far $33 Million has been spent and that in the southern area (Earnest) no drilling has ever taken place.



There are two Environmental Impact Assessments covering Rockhopper Explorations Northern tranches which were taken over from Shell (PLO32 and PLO 33) and the other covering new acreage closer to Cape Dolphin in the Falklands (PLO23 and PLO24).



Five prospect have been identified and Rockhopper were prepared to drill in four of them should funding be available. Comments on the two Environmental Impact Assessments should be in by 12 May 2009. Mr Moody concluded that there was no noticeable impact on the environment after Shell had drilled in 1997/98.



Mark Gillard, the Well Construction Manager, showed those attending about how wells are drilled, with pipes if decreasing diameters being shoved one inside of another and encased in concrete. He showed slides of what a drill bit looked like and explained that there would be drilling through nearly two miles of very hard source rock to reach any hydrocarbons.



He went on to explain about the helicopters and supply ships needed to support the rig. He also mentioned that either a drill ship or semi submersible would do the job but it would be better if the operating companies could share the drill rig or ship.



Operations support would be based in Stanley, with a plant for mixing drilling muds and facilities for crew changes and vessels for logistical support like waste removal and the supply of water.



Documentation on all of this will be put together once the type of rig has been made known. Also, once the type of rig is known, back-up systems can be put in place.



Dr Scott McKelvie spoke about the impact on the environment that drilling would cause. He looked at the flora and fauna as well as the bird life and sea mammals. Dolphins and whales were important but post drilling samples from the Shell acreage showed that there was no negative impact on sea-life or birdlife in the area.



He also looked into emissions, discharges at sea and the potential for oil spills. Dr McKelvie also mentioned oil spill contingency plans and having a 500 metre exclusion zone around rigs. Given the safety and contingency plans in place, there was a low risk of oil spills.

and what does the market think of this stunning announcement? ...... chart on post 319 shows exactly!

Markymar,

Thanks for that.

Regards Greek.

Rockhopper Exploration Presents EIA Reportby J. Brock (FINN)

Sam Moody, Mark Gillard, Scott McKelvie and Dave Brodecott at the chamber of Commerce on Monday


By J. Brock (FINN)


A public meeting to present an environmental impact assessment by Rockhopper Exploration PLC took place at the Falkland Islands Chamber of Function Room at 1730hrs on Monday, 04 May 2009.


Presenting information were Sam Moody, the Managing Director of Rockhopper Exploration PLC, Mark Gillard of SPD Ltd, the Well Construction Manager, Dr Scott McKelvie of RPS Energy, HSE and Risk Management and Dave Brodecott, Rockhopper Explorations Exploration Director.


In his remarks Sam Moody said that this was Rockhopper Explorations first public meeting in the Falklands or anywhere as a Company. He thanked Pippa Christie for organising the event, Kevin Kilmartin and Leann Harris for helping and Jenny Forrest for organising their travel to the Falklands.


He went on to say that Rockhopper Exploration were planning two to four exploration wells and that they were committed to two but should more money come available four would be drilled.


The assessment itself looked at all possible impacts on the environment, the risks, and mitigation of risks as well as a disaster Management plan. He continued that thus far $33 Million has been spent and that in the southern area (Earnest) no drilling has ever taken place.


There are two Environmental Impact Assessments covering Rockhopper Explorations Northern tranches which were taken over from Shell (PLO32 and PLO 33) and the other covering new acreage closer to Cape Dolphin in the Falklands (PLO23 and PLO24).


Five prospect have been identified and Rockhopper were prepared to drill in four of them should funding be available. Comments on the two Environmental Impact Assessments should be in by 12 May 2009. Mr Moody concluded that there was no noticeable impact on the environment after Shell had drilled in 1997/98.


Mark Gillard, the Well Construction Manager, showed those attending about how wells are drilled, with pipes if decreasing diameters being shoved one inside of another and encased in concrete. He showed slides of what a drill bit looked like and explained that there would be drilling through nearly two miles of very hard source rock to reach any hydrocarbons.


He went on to explain about the helicopters and supply ships needed to support the rig. He also mentioned that either a drill ship or semi submersible would do the job but it would be better if the operating companies could share the drill rig or ship.


Operations support would be based in Stanley, with a plant for mixing drilling muds and facilities for crew changes and vessels for logistical support like waste removal and the supply of water.


Documentation on all of this will be put together once the type of rig has been made known. Also, once the type of rig is known, back-up systems can be put in place.


Dr Scott McKelvie spoke about the impact on the environment that drilling would cause. He looked at the flora and fauna as well as the bird life and sea mammals. Dolphins and whales were important but post drilling samples from the Shell acreage showed that there was no negative impact on sea-life or birdlife in the area.


He also looked into emissions, discharges at sea and the potential for oil spills. Dr McKelvie also mentioned oil spill contingency plans and having a 500 metre exclusion zone around rigs. Given the safety and contingency plans in place, there was a low risk of oil spills.

why post something from two weeks ago???????????

post 319 still shows a much truer picture - i.e. the kindest thing one can say is that having money in here (and FOGL) is plain dumb at least for the next several years

http://www.sartma.com/art_6511.html

Falklands : Oil Operators Complete Their Falklands Visit
Submitted by Falkland Islands News Network (Juanita Brock) 16.05.2009 (Current Article)
Representatives from several oil exploration companies have spent a week in the Falklands presenting their Environmental Impact Assessment Reports as well as updating shareholders on progress towards exploratory drilling.

Photo (c) J. Brock (FINN) Sam Moody, Managing Director of Desire Petroleum, Stephen Phipps, Director of Desire Petroleum and john Hogan, Chief Executive of Argos Resources at the Department of Mineral Resources.




OIL OPERATORS COMPLETE THEIR FALKLANDS VISIT

By J. Brock (FINN)


Sam Moody, Managing Director of Desire Petroleum, Stephen Phipps, Director of Desire Petroleum and john Hogan, Chief Executive of Argos Resources at the Department of Mineral Resources.



Representatives from several oil exploration companies have spent a week in the Falklands presenting their Environmental Impact Assessment Reports as well as updating shareholders on progress towards exploratory drilling. On Thursday they had a brief meeting with the press to update them on what happened during the week.



They met with Officers from most of the Government Departments and a majority of the Councillors. They have been extremely helpful and proactive, said Desire Representative, Stephen Phipps.



Desire had a shareholders meeting open to approximately 200 local shareholders. Rockhopper Exploration presented their Environmental Impact Assessment Report on Monday night to a public gathering at the Chamber of Commerce and Desire Petroleum updated shareholders. A representative from ARGOS, Mr John Hogan, also visited the Falklands and met with people with relevant interest in the hydrocarbons industry.



People were pleased and impressed with the amount of in-depth analysis that goes into the environmental process, said Sam Moody, Managing Director of Rockhopper Exploration. The Assessment is part of the process for drilling, he continued.



A main issue discussed was rig security in that an entity needed to be identified to be responsible for that security. Stephen Phipps said that logistics also played a part in that the Falklands are a long way away and flights and accommodation needed to be arranged as well as facilities at FIPASS. It is routine but the distance makes logistics more difficult. John Hogan of ARGOS said that these arrangements were part of the routine and were not issues. Operators need to be clear about what Government and other agencies will do to support the exploratory drilling effort.



The more meetings like this we have, the easier it makes it, said Mr Hogan, We dont want to wait until the very last minute at the risk of finding theres a gap in the coverage and the more things we can identify we can do prior to the round the better.



In the North the Companies are hoping to work together and jointly they are actively seeking a drill rig. They are not quite sure when they will get one but things look more hopeful than they have done for a long time. Once acquired, the companies exploring in the North Falkland Basin would take it in turns. This includes the logistics around the rig flights, supplies, etc. This is what happened during the 1997/98 drilling round.



Argos hasnt presented any updated information because they havent decided yet. They expect to complete their mapping before the end of this year and then will have a view on the quality of the prospects through commercial thresholds and will act on any opportunities they see.



Mr Hogan explained that each company had its own exploration programme and interpretation programme so the time-scales will be different in completing all needed to begin exploratory drilling.



Desire Petroleum plan to drill 4 wells and Rockhopper Petroleum have a commitment to drill 2 wells but could opt for two more and could drill up to five wells the maximum.



The economic down-turn wont hurt Desire as they dont produce any oil. When they secured a partnership with Arcadia, they decided not to look for any other partners. However, it is unknown whether people have been put off by the economic woes that have plagues the world economy.



Actually, it could be helping because with the oil price coming down, exploration spending is coming down and therefore rigs will be cheaper, seismic vessels are becoming cheaper, so for those of us at the sharp end, who are explorers only, our cost base has come down, said Mr Hogan.



Logistics plans for the exploratory drilling round have not been finalised as no one knows what kind of rig will be coming down and how many wells are to be drilled. Companies need to know what kit will be appropriate and when it is needed. The representatives said they can be equally comforted with South America or Africa as a continental touch point.



Small exploration companies expect, that if good quantities of oil are found, it would surprise the representatives if smaller companies arent gobbled up by bigger companies. They are not geared up to be production companies at the moment. In saying that, there is confidence that huge amounts of commercially viable hydrocarbons can be found in the North Falkland Basin.



Representatives would not be spending enormous amounts of money if they were not confident about commercially viable hydrocarbons reserves.

Another boost for RKH:
CPR confirms Rockhopper prospects
Business Financial Newswire
North Falkland Basin oil and gas explorer Rockhopper Exploration has been boosted by the first Competent Persons Report since its admission to AIM in 2005.

Chairman Pierre Jungels said the CPR, compiled by RPS Energy, 'gives verification of the broad spread of our portfolio'.

He added, 'Not only do we have the first discovery and contingent resource declared in the Falkland Islands area, but also we have over 20 structural oil prospects, eight of which have been independently verified.

'This clearly demonstrates what the directors feel is the highly attractive prospects of Rockhopper.'

More Good news

http://www.oilvoice.com/n/Rockhopper_Exploration_Provides_Exploration_Update/36030e35.aspx

Rockhopper Exploration Provides Exploration Update
Friday, May 22, 2009

Rockhopper Exploration plc, the AIM listed North Falkland Basin oil and gas explorer, provides an update with regard to ongoing activities in its exploration licences.

A new Competent Persons Report compiled by RPS Energy (the CPR), the first update since the time of admission to AIM in 2005, has been received.

CPR and Operating Highlights

CPR now includes eight oil prospects on Rockhopper acreage with a combined prospective resource of (unrisked) 1 billion barrels recoverable
CPR reclassifies a previous exploration well, 14/5-1A, drilled by Shell, as a gas discovery The resultant discovery has been named the Johnson structure and is now classified as a Contingent Resource
CPR confirms the original well report produced by Shell which identifies 165m net gas pay at14/5-1A
Environmental Impact Statements have been submitted to the regulatory authorities for all Rockhopper operated licences
Rig rates are continuing to ease and availability of suitable drilling units is increasing

Contingent Gas Resource

Within the CPR, RPS Energy has classified the Johnson structure, which lies in approximately 500m of water in licence PL032, as a Contingent Gas Resource. This follows extensive re-interpretation by Rockhopper of well 14/5-1A (drilled by Shell in 1998) which encountered significant quantities of gas. Well 14/5-1A is now classified by RPS as a gas discovery. The 3D seismic collected by Rockhopper in 2007 demonstrates a previously unmapped structural closure (Johnson) which is penetrated by well 14/5-1A. In the final well report for 14/5-1A, Shell recognised 165 meters of net pay. These are the first Contingent Resources declared in the Falkland Islands area.

Contingent Gas Resources (recoverable) as identified by RPS Energy within the Johnson structure are:-

Johnson structure - Trillion Cubic Feet (Tcf)
Best Estimate: 1.6
High Estimate: 7.9
Mean Estimate: 3.4

The main remaining contingencies identified in the CPR are further delineating the physical extent of the structure and proving a higher quality reservoir.

Prospective Resources - Oil

In addition to the Contingent Gas Resource, RPS considered eight oil prospects on Rockhopper operated acreage and two on non-Rockhopper operated acreage. Those on Rockhopper operated acreage could contain a total P50 recoverable of 998 million barrels on an unrisked basis. In addition to those eight prospects, Rockhopper has mapped 15 additional prospects which were not considered by RPS as they are unlikely to be targeted in the first round of drilling. However, they do provide scope for significant additional upside in the event of an oil discovery in the basin.

Previous economic studies carried out for Rockhopper by Barrett Petroleum Services in 2004 and by Scott Pickford at the time of the admission to AIM indicate that the North Falkland Basin could be economically viable at oil prices as low as USD 30 per barrel

Source Rock Modelling

The CPR outlines the basis for two proven source rocks in the North Falkland Basin, one mature for oil, the other gas. The oil source is younger and shallower than the gas source.

Basin modelling work in the northern part of the North Falkland Basin confirms that the Lower Cretaceous source rock, which generated the oil recovered in well 14/10-1, is likely to be mature over a larger area than previously thought, extending just north of the northern most boundary of licence PL032. This result suggests that a large area of the Lower Cretaceous oil mature source rock is likely to be present throughout licence PL032.

The source rock generating the gas recovered in well 14/5-1A is older than the Lower Cretaceous source and is believed by Rockhopper to be Jurassic or early Cretaceous.

New basin modelling work in licences PL023 and PL024 indicates a higher probability of mature source rocks than previously thought and results indicate that these source rocks could be mature for oil and gas.

Operational Update

The market for mid-water semi-submersible drilling rigs continues to ease with a number of units now available in the UK North Sea. In addition, day rates for suitable semi-submersible drilling rigs have fallen significantly over the past 12 months.

Environmental Impact Statements have been submitted to the relevant authorities for all Rockhopper operated licences, while site survey work on the Ernest structure indicates no geohazards. Reprocessing of the short offset data on licences PL032 and PL033 for site survey purposes is now complete.

Executive Chairman, Pierre Jungels, commented:
The new RPS Energy CPR gives verification of the broad spread of our portfolio. Not only do we have the first discovery and contingent resource declared in the Falkland Islands area, but also we have over 20 structural oil prospects, 8 of which have been independently verified. This clearly demonstrates what the Directors feel is the highly attractive prospects of Rockhopper.

Johnson is now recognised as a contingent resource while Sea Lion and Ernest are now our foremost oil exploration targets, both with a 23% chance of success, not taking into account the positive CSEM outcome on Ernest, which we believe further improves the chance of success.

http://www.smallcapnews.co.uk/article/Oil_Gas_RoundUp_22_May/7450.aspx