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.

i've been to kiev - what a strange city

i've been to kiev - what a strange city

i've been to kiev - what a strange city

Not THAT strange (x3) surely????

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in the centre, kiev has the appearance of a cosmopolitan city with a vibrant "cafe culture", but it is pure facade, and the cafes are empty as the locals have no money ..... st michael's monastery is truly wonderful too, but there is a fascinating and very sobering mural/history on its outside wall about stalin's "genocide by imposed famine" ..... no wonder the ukrainians don't like the russkies!

Are you saying that Master RS is Lyudmila from Chernobyl.

Oh sorry , the green hair it was a joke

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Bought some at 313.25p, well under placing 315

limit buy for 265p to top up, just in case there is some panic selling. if it dont go that low all well and good.

GLA

Alex

The news today is good for RKH in one large way.

Why ?

This charge in the lower fans is very bullish for RKH as they believe Sea Lion has 8 stacked fans, of which only 2 presently have been drilled into and both were charged with oil. That validates the scenario where RKH might have 700 million recoverable barrels with just Sea Lion.

If all the lower fans are charged with oil then things look very bullish for RKH, so todays news of lower fan oil shows is in fact nice for RKH and certainly at least interesting for DES.

Roll on Rachel-2, it might be commercial, you never know, but whatever, the more lower fans with oil shows the better for RKH up north !!

For DES, at least they have a sniff of oil now, move the rig and they might end up with their boots covered in oil with Rachel-2.

:)

Yep, lets see how far RKH goes. Somewhere around 260 ish would be good for an entry point.

Good for RKH but not at all good for DES...it's as if DES is doing RKH's work in findind the end limits of the field....to me it's another Desire disaster.....oil shows ?...you could drill anywhere int he north sea and come up with shows...long way from commercial.....

DES result certainly seen as a positive for RKH. Sp up 5%.

LOL.

You really do not know much about oil in the Falklands and the potential of RKH do you. Its obvious todays new is great for RKH and the lower fan potential of Sea Lion.

Really, if people cannot understand the news and what it means in the context of things, its best to remain quiet.

HARRYCAT - 02 Nov 2010 07:52 - 3858 of 3859
Yep, lets see how far RKH goes. Somewhere around 260 ish would be good for an entry point.

yes harry, just seen the jump up 14p, doesn't look much like 260p to me.,. suprised!!

If the well had been a complete failure, then the drop would have been inevitable. Yes I do understand the potential. Read my post in context, Really!!!!!!
Bb, yes I am surprised. DES must be disappointed, even though there is possible light at the end of the tunnel.

As they can't afford to have the rig just hanging around, I feel Des will drill the next well not too far away from the fist bore hole as quick as humanly possible.

I wonder what will happen if the next drilling finds oil and that it is migrated from the Rockhopper well.

That would put the proverbial cat well (no pun intended) among the pigeons.

greekman, there is a likely fault in between Rachel and Sea Lion, so the two are not going to be linked, but in history who knows ?

What this oil show does say is that the mature source rock has been generating lots of oil, and thats good for DES as well as RKH.