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.

rf

I was thinking of doing both buy at 300p and buy if there is a big fall with DES new's

i saw that too, but i doubt anything much positive will happen to sp until after DES result

NEWS .........

Rockhopper in new 3D seismic survey with Desire

Falklands oil and gas explorer Rockhopper is to acquire a further 3D seismic survey. It has signed a new contract with Polarcus for use of the seismic vessel MV Polarcus Nadia.

Rockhopper will acquire 3D seismic over parts of its licence PL024 and adjacent areas which were not previously defined. It will also participate with Desire Petroleum on on areas of licences PL003 and PL004, in which it has a 7.5% working interest.

Desire has signed a contract with Polarcus allowing the companies to share the vessel, which is expected to start the survey in December with completion by the end of April.

A contract to process the data will be the subject of a separate invitation to tender.

Cynic,

Same as you, watching and waiting for the Des result. I will be almost certain to up my stake in RKH after the result. If the Des well is a duster, the sp of RKH is bound to drop by around 10%, whereas I feel that if Des do bring in the well, the the sp of RKH will not rise by more than 10%. Both scenarios look like leaving Rockhopper a nice weighed bet. I do feel RKH are now oversold.

i now hold none of either but confess to being far more tempted to buy back a few RKH than DES

Sp rising...something is on...

this is shooting up....no news ?....they must have hit the jackpot....

.

DES trading @ 130p now....

137....

Anybody shorting ?....

140

no rf not yet, but watching

And without an rns...I dare not buy....though already in on both...

.

like i said - massive bear squeeze

That has shafted all shorters !.

not if they're short now @ 140! :)

I now confess someone sold at the wrong time, look below ....
DES and RKH was rising a couple pence then


cynic - 27 Oct 2010 09:58 - 3711 of 3724
i now hold none of either but confess to being far more tempted to buy back a few RKH than DES

and do i care? ...... any idiot can make a zillion with hindsight, even you