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.

Or was it one of those things the Sicilian boys used to leave in your bed?

Their salami?

You would like that
but wonder if you would use it properly

..............Rockhopper Exploration (LON:RKH) is well placed to capture the significant upside potential from the Sea Lion discovery, according to Merrill Lynch analyst Alejandro Demichelis.

Merrill Lynch rates Rockhopper as a buy with a 505p target.

We believe Rockhoppers successful US$300m equity raising has removed market concerns around Rockhoppers ability to finance the next phase in the North Falklands basin, Demichelis said.

We estimate these additional funds allow RKH to drill up to 8 wells next year (3 firm + 5 optional), acquire additional 3D seismic and kick off front end engineering (FEED) studies for the potential SeaLion development.

Importantly, this acceleration of the appraisal plan the bulk of the wells are set to target blocks PL023/PL024 in the Northern part of the acreage - should put RKH in a position to swiftly move towards final investment decision on SeaLion by end 2011/early 2012...................

end of day mrsi, we can let our skirts down for a short while....look at hilary she's been on the wacky backy...

and pro by the looks of it.,.

Does not want to move forward any more though the order book is 1/3 stronger on the bid side

371K v 280K

5 by Xmas.

I wonder how much Proselenes get's paid for ramping this , and who feed's him all his input on this thread ?

Bb, you're worried about me? Why are you wearing a skirt? Trying to attract hil's salami perhaps???
On a more serious note, I agree that RKH should be somewhere between 35p & 20 by Xmas. ;o)

Harry, target prices always get lowered when dilution happens, so my 20 by Xmas 2011 now dilutes down to 13.20 by Xmas 2011.

Those with the 35p target are just plain liars !

aldwickk, grow up, you missed out, get over it.

3D Seismic Programme Contract


Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, is pleased to announce the formal signing of a contract for marine seismic acquisition services with Polarcus Limited for the use of the seismic vessel MV Polarcus Asima.


Under the contract Rockhopper will acquire a 3D seismic survey over areas of licences PL032 and PL033 (100% Rockhopper) which were not previously defined by 3D, as well as adjacent areas. The vessel will be available to commence the seismic survey by early January 2011, and the time required to shoot the survey within the licence area is estimated to be approximately 50 days.

Yes, looks like RKH will sign one contract with ARG as partner for the north of the North.

Another one to follow jointly with DES for the south of the North.

I will bleet this one more time as his has not been broght up on any other thread.......sea lion fan has between 5 to 8 stacked fans.....hence they need extra 3D.......

The stacked 8 fans has been mentioned a few times on III and AFN.

Tremendous upside.

Well pro it only came out last Tuesday at the private presentation for GEO held in London and I havent seen it brought up but am not a member of ADVFN.

Could have a huge impact on the share price if there are 8huge..... but 3D will identify this question once and for all and the rest of the fan which is not identified and missing.

Pro

I don't call selling at 536p missing out and first lot i bought at 40 i made a 100% profit in less then 2 weeks.

How much profit [ cash ] have you banked ?

don't care at what price you bought, but selling at least some at 536 to crystalise profit has to have been a smart move

RPS want sacking..we should be sitting on 6 + a share at this present time, how can you upgrade a prospect then down grade itnot very professional of them should be sacked.

Just slightly up after today's news as DES is having a MMs mark down

Look at this way marky, the world and his dog in the media has now said RKH only has 170m barrels, so its all "new" news again when it gets upgraded after seismic and appraisal drilling.

The boat just contracted has just been delivered, its brand new and state of the art. The imaging they will get this time should be superb and far better than anything they have so far.

This means better definition and also, I would suspect, upgrades based purely on the seismic work are possible on their own, let alone the appraisal drilling.