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.

Hybridan's Small Cap Wrap - 30-11-09


Rockhopper Exploration (RKH) [54p/93.48 million]

We write for the second time on the North Falkland Basin oil and gas explorer which recently announced a placing to raise 50 million. Last week it had two announcements: its interim results for the six months ended 30 September 2009 and that the rig had left for the Falklands. Notably in the period and after the period end, it signed its rig for the North Falkland Basin campaign, is now fully funded to drill two wells for its participation and is fully funded to participate in three further wells.

Its drilling campaign is due to begin in February 2010. The group incurred a loss for the six month period to 30 September 2009 of $1,259,000 ($1,183,000: 2008) which equates to a loss per share of 1.56 cents (1.50 cents: 2008).

The loss has increased over the comparative period primarily as a function of an increase in administrative expenses, which relates to higher salary and bonus expenses. The financial outlook for the second half of this year will be focused on preparation for the 2010 drilling campaign. Rockhopper Exploration also recently announced that the Ocean Guardian drilling rig departed from the Cromarty Firth in Scotland on 26th November en route to Falkland Island waters.

The journey is anticipated to take around two months with the rig expected to arrive in the Falklands ready to commence drilling around early February 2010. Rockhopper Exploration's Chairman, Dr. Pierre Jungels, said: "The next 12 months looks set to be the most exciting period of activity since Rockhopper was formed and we are looking forward to being able to report the results of our drilling activities during the course of 2010." Definitely one to watch, as it should provide positive news flow.

http://www.prweek.com/news/973006/City---Corporate-Week-City---Corporate/

Rockhopper Exploration, the AIM-listed oil and gas exploration firm, has brought in M: Communications on a retained financial communications brief. The firm previously used Aquila Financial and is the largest licence holder in the North Falkland Basin. It expects to start drilling in 2010.

14.12.09 " Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, is pleased to announce that it has submitted the Environmental Impact Statement ("EIS") Addendum, which is required for the planned drilling programme anticipated to commence in Q1 2010, to the Falkland Island Government for its approval. The update includes details of the Ocean Guardian drilling rig which will be used by Rockhopper and its partners during 2010.

It is anticipated that the updated EIS will receive formal approval shortly"

Strong buy for RKH at 67p. This is worth much more.

my own view is that DES is the pick from this little clique, for where that sp goes, the others follow

Totally agree with u, cynic. DES and RKH will drill before FOGL and BOR.

as per me.... missed the boat when DES went to 77p maybe another chance later on, quite a while before any drilling. hope!!

It's still not too late, Balerboy if you get in today. RKH now 69p.

but ask yourself why RKH should go up ..... imo, it's only on the back of the hype surrounding DES who, though they will commence drilling within the next 4/6 weeks, still have to prove there's commercial recoverable oil

Once they gets commercial recoverable oil, don't dream of buying RKH at 70p or DES at 100p.

that's rubbish ..... there'll be plenty of time to make lots and lots of money ...... using your argument, there would be (would have been) no money to be made on the likes GKP or TLW once they had made their strikes, and that has patently not been the case.

the other counter, is that if DES find bugger all, which is still a very strong possibility, then you'll be able to buy at about 60p!

Well, it's your call. I can only say my opinion. We will see who's right in time.

Got to agree with you cynic, will watch patiently.......lol

for what it's worth, my tactic will (i suspect) be to take partial profit in DES (it's the only one i hold of these) just before rns re drill result is due

It may well be that my appetite for risk is too low for these stocks but I would still rather wait and see if the rig makes it to the Falklands without incident before buying in. There will still be plenty of value to be had when drilling commences as the price is depressed at the moment to account for the risk in shipping the rig down there.

the risk in moving the rig to the falklands is minimal ..... the risk of not finding commercial oil when the bore is completed is at least 100-times higher

Another rise is coming on in RKH. 73p now.

Keep on buying...80p now
RKH will go to more than 100p.

RKH will follow DES, the area leader, until such a time as they have their own drilling programme actually under way ..... personally, i see no point at all in buying here at this time - ditto FOGL

I jumped into FOGL today but not because I like it but because it's rocketing....no stopping it at the moment,...if you don't buy the falkand oil shares now it might be too late later on...now holding DES, RKH and FOGL.