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.

Master is it true you went jogging the other day just so you could hear some deep breathing.

NO
I know it not what you mean but have it ....

My joggins were back a few years ago, and that was cos I was champion on LONG JUMP.
If you said you saw me cycling lately , then I would say yes, I do not do any longer tree hanging with my feet ( from advised it was too risky at one time it was from a 20 feet high branch).

marky, farm in would not be good now IMO.

Best get Sea Lion appraised and proven and then farm it down.

Perhaps 10% of the license in exchange for the farm in partner funding those 5 option drills from the 3+5 program.

Its possible Arcadia could well not drill anything with DES and do a BHP, in which case, perhaps they will look to farm into the RKH licenses next year ? Who knows.........

.

Errrr. Why?

edit: And why have you deleted your last post? To avoid being made to look a twat???

Last year RKH said in their Preliminary Results

Letter of Intent signed with a third party energy company to farm out one of our licences

The partner was to greedy and wanting to much hence the deal fell through but there are other companies interested but whether it comes to a head I dont know or at was percentage but its another card up their sleeve they can play and I would not rule it out.

re - placing at what range

A compromise will be reached and it makes sense that it will be around the 290-300 range, if counting on a pretty good 10% discount to today's price now 325p

"Following discussions with the Companys technical consultants, it has become apparent that a
complex set of new data and interpretations will be required in order to resolve the reservoir
distribution with the multiple stacked fans at Sea Lion. A number of these stacked fans are yet to be penetrated by a well."

At a recent Presentation last week it came out that additional 3D is needed but there could be between 5 to 8 fans

Am thinking of buying back in at 300p

looks as though you may have a good while to think about it then!

LOL @ cynic

Trading volume has died since 14:07

Might it be there is a sniff of news around and people are waiting to see what it is ?

Yes your right next week is a long time to wait

Certainly looks like something is afoot, still some PI buying and selling but the big sells and buys have stopped.

Placing news soon ?

Rumour on III that its going to be in the 305p to 320p range......... ???????

I love this stuff. All the talk of 'shorters' and 'news', the personal vendettas, name calling and blatant ramping, classic symptoms of an enthusiast's share.

Devotion beyond the call of duty or bank account.

I love it that before last week there was just a few people posting here, but now its full of new names and pretend shorters..... :)

Repost, as it got lost in pages of nonsense. I would love the shorters to be caught out, imagine a bear squeeze up to 500p and beyond, shame its unlikely to happen.


From a post on AFN :


Cannacord morning note:

Rockhopper - RKH LN

I made some comments regarding RKH to my sales-desk here on Friday afternoon and thought I'd repeat them this morning, given what I believe is an outstanding buying opportunity. Last Wednesday we downgraded our NAV from 641p/share to 545p/share on the back of the reserves downgrade by the competent person. Although reduced, our new target price is still 86% above the current price. Whoever is selling/shorting the stock, as suggested by the downward pressure on the price last week, is running an enormous risk of being caught out. Investors buying today are doing exactly the right thing by getting involved at these artificially low levels. I'd highlight the following points:

86% upside to NAV

announcement likely soon regarding extension of rig contract with appraisal well possible in February

successful appraisal well could easily imply that the 242m barrel reserves figure is indeed more appropriate than the 170m barrels, ie taking our NAV back up to 641p/share

Rachel well result was bad for DES, largely immaterial for RKH - they only had 7.5%

a placing at these levels (300p/share) is not hugely dilutive compared to a placing at 400p/share - the difference is 225m total shares at 400p vs 236m shares at 300p, ie only 5%

retail sellers are typically short-sighted - this fall could reverse very rapidly

Finlay Thomson
Oil & Gas Specialist Sales

MightyMicro

re - personal vendettas

on which side of the river are you then red or blue?

Do not fall from "Palo Alto" or may get a stick stuck to your arse

note: when nothing is happening, its OK a bit of fun, even if is at your expense

Please stop talking Ab Jab and learn some English!

et toi; ce serait meilleur encore si tu ne repetais pas six fois!