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.

Comparing last 2 week falls on Falkland's shares


money am does not give names to the colours
blue-RKH
red= DES
yello= ARG
FOGL
BOR
"

Merrill Update from Wed. It ties in perfectly with the CANA poster who claimed it was purely the purposely pessimistic GeoPhys designed to eliminate 9 out of 10 potential appraisal well locations that has been taken as "pessimistic" by the CP.

All ties in very well...........and notice how RPS "appear to interpret" and not "have interpreted".

Never mind, it got the price down and the fund raising is done and dusted so move on.......


From Merrill Lynch/BoA


Auditors lower SeaLion ests on limited technical data...

RKH announced that based on limited new technical data (amplitude/offset and preliminary impedance correlation) reserve auditors RPS indicate potential 30% cuts to SeaLion field contingent resource (2C) estimates to 170mmboe (from 242mmboe).

RPS appear to interpret that as sands thin away from the well the distribution of the reservoir could be different from the original estimates. Importantly, we believe that even at this lower level of contingent resources SeaLion is still economically viable as a stand alone development.


...but management remain confident around further upside

In contrast, management interpret the data differently and remain confident that SeaLion still offers significant upside potentially considerably bigger than the auditors estimates as new sand bodies were identified in the lower fan. Given that the data set is work in progress and was meant to evaluate drilling locations and not offer a definite answer on sand thickness, the final answer to the puzzle will only be known after the company drills new holes next year.

Financing additional seismic and drilling
As widely expected, RKH confirmed that it is looking for additional funding for an extensive 3D seismic programme and to secure a rig to drill 3 firm wells (+ 5 optional) in early 2011. We estimate the total cost of the plan at US$100-150m.

Cut NAV by 115p to 585p; risk/reward still positive - Buy

Reflecting lower contingent resources for SeaLions base case (-136p) partially offset by newly identified exploration upside (+21p), we cut our NAV/PO by 115p (-15%) to 585p. Whilst the news are clearly disappointing near term, we continue to believe that SeaLion could ultimately become larger and more valuable than the market appears to price in. As such we still see the medium term risk/reward skewed to the upside and maintain our Buy rating.

MRSI - you are a vituperative old queen at times and it is totally unnecessary

Cynic

Right o repply

You are an STUPIT BITCH all the time and is necesary to say so then.

You are better of saying whow wrong you were on last week deals, no wonder you started the week with a wrong footed BITCH....Early on the Morning

you are funny - silly that is - for all you do is show yourself for what you are

i have no need need to defend myself, and the same applies to all the others on whom you choose to vent your bile

Stupit talk from an stupit old BICH
Talk share price performance today instead of all ladies gossip..

It was Sunday yesterday all goes an exposing is OK.

I can see you are wrong footed this morning no wonder, I am on top of the WORLD

How FALKLAND shares are performing today, all on the UP

CHARTS -                            5 DAYS                                                                       3 MONTH

Share price at best of the day on a strong order book

315K v 239K

Can't you talk English?

Cynic

Come on , say whow wrong in a Chinese accent

What it means Hilary your short is going in the wrong direction.

hilary

But I am not from Peckam, were RATS live and funny dressing goes on ........Early in the morning

You do not have to read my carry on, you will not be able to buy any more RED lipstick or power to cover the early morning beard.

SH!T, stop saying the PECKAM gossip to the WORLD......Early in the morning

I think Masterbater must have been a scripwriter for Benny Hill

sorry it was the Carry On film's

on AUCTION a couple minutes arlier at 330p

another 3p and BOOM to 333p pivot number
But profit taking most likely and loose 1/3 tipical carry on
It happens last week so it must go on today also
on the way down and on the way UP

good morning Marky .... i trust a rather calmer start for the week for you .... hope you didn't get whacked too hard in the general FI fallout

Morning Cynic,it was a bad week last week but over the years i have seen it hit lows and highs....got the T shirt.

You've got a strange sense of direction, Markymar. If it goes back up anywhere close to my entry I'll close out and walk away empty handed.

In the meantime, there's enough meat on the bone not to be overly worried by a bit of intraday movement.

Please lets not allow this thread to disintegrate to the low level of those on iii.
If a post winds you up, just reply to it once then leave it, otherwise we end up with a yes you did, no you didn't situation.
And that is from someone who is easily wound up.

aldwickk

one more from you and you will be send to the BLACK ROOM, no more watching CARRY ON films