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.

Hi All, I've just added this share to my watch list.... Price a little high I think at the moment but can see the potential.

explosive its as cheap as chips compared to the other oil companies out there.

RKH Market Cap 21.53m 2D and some 3D done also Farm in Partner with DES

BOR Market Cap 51.71m 2D

DES Market Cap 68.28m 2D and 3D done money in the bank waiting to for a rig to drill

FOGL Market Cap 144.53m 2D only

Take your pick

Mark,

It will be interesting to see what is driving the FOGL price upwards at the moment!

Its interesting why the price is sky high for FOGL when drilling has been put back another year to 2008 now and only 2D seismic been carried out and still not finished, its either a farm-in but I doubt that at this early stage so I will be polite and go with good PR .

But good luck to FOGL holders.

Mark,

Well they are normally quiet, so not sure about PR, you may be right.

The recent volume has been quite heavy, and for that reason I was wondering whether they are about to anounce some sort of JV or farminee arrangement.

I went around their chartroom a couple of months ago, and they said they were in active discussions with potential partners, and they had taked to many oil companies, including all of the majors.

The way I see it is, if any one of the prospectors around the Falklands has some success, it will rub off on the others, so any news is good for all IMO.

http://www.falklandnews.com/public/story.cfm?get=3798&source=3

NORTH FALKLAND BASIN: ENVIRONMENTAL IMPACT ASSESSMENT

By J. Brock (FINN)


Dr Colin Phipps, Chairman of Desire Petroleum plc, is visiting the Falkland Islands with Mr. Ian Duncan, Chief Executive of Desire Petroleum plc, Mr. John Perry, principle author of the Environmental Impact Assessment and Mr. Mark Gillard, a Drilling Engineer. On the evening of Wednesday, 22 February the team gave a presentation at the Chamber of Commerce and explained the main points of the Environmental Impact Assessment, which is on Desire plcs website.


Mr. Gillard said that Desire planned to drill three exploratory wells and he showed graphics that indicated how the wells would be drilled and how deep they would be. He said the project would take approximately 70 days, with supplies and personnel being ferried out to the rig using two supply boats. One boat would stay near the rig for Safety reasons.

Mr. John Perry of RPS Energy presented a very thorough set of slides that explained some of the impact issues, such as rig to air pollution, rig to water pollution, noise pollution. Assessments were also done with respect to seabirds, Marine Mammals and fish. The key points of the baseline study also dealt with Met-Ocean, Socio-economic issues, land and protected areas and species, as well as waste management. There would be no flaring, for example.

In mitigation, the assessment sought to reduce the impact to the environment to the lowest possible level.

Questions from those present dealt mainly with the drilling muds that are a necessity in the hydrocarbons industry. Mr. Perry reassured that only water-based non toxic muds would be used.


Several mechanisms have been in place since the 1997/98 drilling sessions in the North Falkland Basin. As in the past, EMS Standard Offshore Monitoring Protocol would be in place to ensure the environmental and safety aspects pointed out in the Environmental Impact Assessment would be carried out. Besides that, people with a keen interest in the environment pilots, scientists, fishermen you and I would be reporting any infringements.


The possibility of a users group was thought to be a good idea. Dr. Phipps said that since the Environmental Impact Assessment was published on the Desire website there had been some useful feedback that would be incorporated in methods and practices

http://www.falklandnews.com/public/story.cfm?get=3798&source=3

"Have Rig Will Drill," Says Dr. Phipps .
February 23, 2006
by J. Brock (FINN)


During a brief run-down of the Geology of the North Falkland Basin in the tranches where Desire Petroleum want to do exploratory wells, Dr. Colin Phipps (CP) mentioned that the source rock was produced in the same way as it now is being produced in the Rift Valley in Africa. During an interview on Thursday morning, (FINN) asked Dr. Phipps to explain further about what makes the geology of the North Falkland Basin like that of the rift Valley in Africa.

CP: The African Rift Valley system, which runs pretty much through the hole of Eastern Africa right the way down towards Mozambique is very similar in style to the kind of rift valley structures that we are finding in the North Falklands Basin. At the time of formation the area was a part of Africa, so they started off being connected to Africa. The difference is that the structures we have in the North Falkland Basin are much earlier than the Rift Valley system we now se in Africa. And, they have been filled up the same. In Africa they are still being filled up but the structure that we had that created the source rock was a very large lake and it would have looked just like Lake Nyasa or Lake Tanganyika that you currently have in Africa. Given long enough, Lake Tanganyika, for instance, could well also provide a source rock. Its just that the sediments out in the North are 60 or 80 Million years older than are the rocks in Africa today that are filling up the lake system. But its a good analogy of the kind of structure that we have.

FINN: The chances of finding oil are very good here but you said in your presentation last night that you had more of a chance of finding oil that isnt commercially viable than a huge reservoir of commercially viable hydrocarbons.

CP: Last night I was asked, What were the chances of finding oil? And, I said the chances of finding oil, as such, were almost 100% because the Shell well, for instance, already found oil and it found gas. And, had it been onshore, say in the USA, it almost certainly would have been put on to production. It was good enough for that. The trouble was that it was drilled in the centre of the basin and it only entered thin, silted type sand, which means its got very small grains. And, the small grains mean that although it could be quite porous, its very difficult for oil to flow through it. There is more friction, if you like to think of it that way. The coarser the pours, the faster it flows. What we are really trying to do now is to find a reservoir of coarser sand, where the oil can flow through more easily. So rather than being able to produce 500 barrels a day, we are going to be able to produce 5,000 barrels a day. And, thats what we need to do out in the North Falkland Basin for it to be economical. Our big task is not so much finding oil, which we know to be there. What we are now trying to do is to find the reservoirs, which will give us the productivity, which will make it economic.

Its quite easy to have a big field with low productivity, which would be un-economic and exactly the same size of field with better productivity, which would be very economic. I should think thats probably the last major risk we are facing.

FINN: Given last nights presentation mentioned cooking. The drill, in the second shell well, it was said, was 2,800 metres down. I understand that hydrocarbons cook out at the deeper depths. Would you explain a bit about cooking and how it relates to the North Falkland Basin?

CP: What happens with the source rock is that the organic material, which gets laid down during the sedimentary process as that gets deeper and deeper and as more sediments pile on top of it two things happen. The pressure increases and the temperature increases. When that happens the organic materials start cooking. Basically its chemical changes, which create the oil, then the gas. The important thing is that the source rock has got to be mature for the production of oil and gas. It can be under-mature, which means it hasnt been cooked enough therefore oil and gas havent been properly formed or expelled. It can be over-mature, which means that its been pressed so far deep and its got so hot that it literally turns into black organic matter, which is solid and not liquid.


FINN: Like the pot going dry?


CP: Yes. Something like that. There is a very famous example of that here in the Islands the Black Shale from the Devonian, which is very high in organic matter and would at one time been a marvellous source rock. But it is now semi-metamorphic rock and is over-mature. The important thing is youve got to have the source rock at a depth where the temperatures and the pressures have been right not to under cook and not to over-cook. Its got to be mature and that is what weve got here in the North Falkland Basin. The upper part of it in the North Falkland Basin is under-mature but the bulk of it is mature.

FINN: Given the technology to drill down to the reserves why is it that only the two Shell wells only generated larger amounts of hydrocarbons, and not just indicators of hydrocarbons at various depths?

CP: Shell was actually the only company that actually drilled in the centre of the basin and drilled through indeed, only one well of theirs drilled through the source rock, which turns out to be very thick indeed. All the other wells drilled to try and see if there was shallower oil. We did find good reservoirs but because the source rock is so thick, the oil hadnt actually got through it into the shallow reservoirs. So, the other wells were not drilled in places where they could have found deeper reservoirs. Only the two Shell wells were drilled in that position in the sedimentary basin. Unfortunately for them, they were right in the centre of the basin where the sands were silted rather than sandy, which is now why we are looking at the edge of the basin, where we would expect the coarser sand. That is an area that has never been drilled.

FINN: The other areas where they drilled and found only indicators of hydrocarbons at various depths - why didnt they find anything?

CP: They never got below the source rock into the main basin. They literally just went through the source rock, straight into what we call basement, which is metamorphic rock, like what we have here ashore on the Islands. They were drilled off the development of this rift valley and were drilled on the tops or the summit of the rift valley, rather than closer to the centre.

FINN: What are the chances of somebody like Shell, who have drilled here before, coming back after the oil has been found and taking over where the exploratory process left off?

CP: Whether its Shell or whoever, I think the chances are quite high. What is happening in the international oil industry is mirroring what has already happened in the international mining industry.

Most of the big mining companies with very large reserves found a few years ago that they were spending a lot of money on exploration and not replacing their reserves or replacing the amount they were mining. They actually stopped almost all exploration and relied upon lots and lots of small companies exploring on the basis that it didnt matter then if there were only one in ten small companies who were successful. As soon as that small company was successful the big companies came along and either did a deal with them or took them over. This is beginning now to happen in the oil industry. A number of the major oil companies have truly replaced their reserves year by year in recent years. BP claim to have done so but really mainly because they have re-assessed some of the reserves they have already found. So those oil companies are now tending to move into the same sort of position, where they follow what the independents are doing in the smaller companies and either come in as partners or not. But that for them has the great advantage that they know that the success ratio will be almost 100% because they are coming to get something which has been discovered. I expect this trend to increase as the years go by.

FINN: In the public meeting and in the Chamber of Commerce liquefied natural gas was alluded to. What are the chances that the people here in the Falkland Islands could tap into that resource and at least get high quality diesel for use in heating systems and vehicles?

CP: This is a relatively new technology. Its called gas to liquids. We refer to it as GTL technology. It turns gas into diesel at a very high quality premium diesel because it doesnt have sulphur and other contaminants in it that diesel from crude oil has. So, it actually fetches a higher price on the market. There are now a number of GTL plants around the world but they are all onshore. Clearly, if we found gas in the North Falkland Basin and, indeed, Shell did find quite a bit of gas in one of their wells it would be quite possible to pipe it ashore to a GTL plant here and make premium diesel. That, of course, could be available to the local market. The price would depend on the sort of tax FIG and others might want to put on it but it would certainly be available. But also there is technology being developed the first one is in the planning stage where they are actually putting GTL plant on a floating production system like an FPSO out in deep water, where the tankers would come and take diesel off just in the same way they would take crude oil off.

If that were to be used in the Islands, you would have to have a dedicated tanker that every now and then went out and filled up with diesel and came back here. Its much as you have a tanker coming in now to Stanley Services every so often providing the fuels, which you use.

FINN: So, its not impossible to do this?

CP: Its entirely possible why not?

Why not, indeed? Its up to someone here to keep an eye on the technology and get a business going. That business depends on the rig and Dr. Phipps assures us that if there is an appropriate rig available, he will use it.

Rockhopper completes Falklands surveys

By Upstream staff


UK minnow Rockhopper Exploration has completed a 2D seismic survey and a controlled-source electromagnetic survey (CSEM) over its Falklands Islands licences.

The 920 kilometre 2D seismic survey, which was carried out by the Geophysical Services' vessel GSI Pacific, covers the companys 100%-owned licences PL023 and PL024.


The company said that it hoped that the new mapping would enhance the J1 prospect in PL024 and also upgrade a number of leads into prospects.


Interpretation of both the 2D seismic and the CSEM survey is expected to take between three to four months.

http://ogj.pennnet.com/articles/article_display.cfm?Section=ONART&C=TOPST&ARTICLE_ID=249647&p=9

Falklands data under review


Offshore staff

(Port Stanley) Two sets of data acquisition surveys have been completed offshore the Falkland Islands, in acreage operated by Rockhopper Exploration. GSI acquired 920-km of 2D seismic over Rockhopper's licenses PL023 and PL024; the data is currently being processed in the UK, and will then be integrated with 1,830 km of existing 2D data on the licenses. One aim is to enhance analysis of the J1 prospect and other leads.

Offshore Hydrocarbon Mapping conducted controlled source electromagnetic surveys over the same licenses, the first such application in this part of the world. In both cases, processing/interpretation should be completed within four months.

03/07/06

Falklands-Malvinas
Wednesday, 08 March


Rockhopper concludes seismic and mapping surveys



Rockhopper Exploration which holds hydrocarbons exploration and production licences offshore the Falkland Islands concluded in mid February seismic and electro magnetic imaging surveys over their acreage.


Vessel Survey MV Aurelia
According to the latest release from the Falklands Department of Mineral Resources, Geophysical Surveys Incorporated, GSI undertook the collection of 900 kilometres of 2D seismic survey in the North Falklands Basin acreage of Rockhopper.
The vessel GSI Pacific managed to conclude the job last February 17 just before seismic surveying restrictions become effective in the north basin because of the Illex squid season.

Rockhopper Exploration also contracted Offshore Hydrocarbon Mapping, OHM, from Bremen, to undertake a Controlled Source Electro Magnetic Imaging (CSEMI), the first time such a survey has been undertaken in the Designated Area.

The survey was done by MV Aurelia

The CSEMI begins with a grid of sensors anchored to the sea bed and then an electromagnetic source is towed behind the surveying vessel. The source transmits an electromagnetic field into the earth, which is modified by the presence of subsurface resistive layers. These changes in the field are measured and the resulting data is processed to provide information on the resistive structures of the subsurface.

Because hydrocarbon accumulations are generally very resistive, this method can indicate the presence of oil and gas in water depths of as little as 50 metres in certain circumstances, and can detect and map the edges of such accumulations.

This has the advantage of reducing the risk of drilling non-commercial exploration wells and the number of wells needed for appraisal drilling, thereby creating considerable savings for oil explorers. Once the survey is completed the sensors are recovered from the sea bed and the ship moves to the next target.

The survey started on 9 January and was completed on 13 February.

For OHM it was also a new experience since the company has undertaken a number of surveys in deep waters but this one was in shallow water. OHM formally launched its shallow water CSEM service in November.

http://www.sartma.com/art_2682.html

Falklands : What The Oil Industry Means to the Falklands
Submitted by Falkland Islands News Network (Juanita Brock) 09.03.2006 (Current Article)
The BBC's Deborah Vogle quizzes Sam Moody of Rockhopper Exploration.


WHAT THE OIL INDUSTRY MEANS TO THE FALKLANDS


A Report for BBC World Service by Deborah Vogle (DV) 07/03/06


In a Radio 4 interview, when Cllr. Summers talked about strained relations with Argentina he mentioned problems over the disruption of the fishing and tourism industry and also into interference with Oil Exploration. But that hasnt seemed to have affected Rockhopper Explorations latest seismic survey to the North of the Falkland Islands.

Using a new exploration technique, the surveys just been successfully completed. The Company will spend the next three to four months analysing the data. Rockhoppers Managing Director, Sam Moody (SM), has been talking to Ben Koen (BK) to tell him what the hopes are at this stage.


SM: We would argue that the whole of the Falklands exploration area represents, really, a major untested oil plane. And, a significant part of that clearly is in the North Falkland Basin. You have had six wells drilled, five of which had oil or gas shows, one had oil at the surface. So, in the North Falkland Basin you are exploring an area where a huge amount of work has already been done and which is a proven working hydrocarbons system. It could be a significant discovery if it comes in.


BK: Now, oil companies have come and gone from the area in the past most recently one departed in 1999. Is the fact that they are back and showing interest again all to do with oil prices now?


SM: I think if you look at the oil price in 1998 when the last round of drilling happened, it was probably around the $10 $12 Dollar mark. Clearly its much higher today. Its been nearer to $60.00. When you get a high oil price, it makes exploration in remote areas or exploration in areas in which its difficult to operate much more attractive because any discovery becomes significantly more valuable.


BK: How big an impact would you think this would have in the Islands?

SM: I dont think its anything the Islands cant handle. Its been done before with very large companies being involved and I think it worked very smoothly. In terms of the impact of the actual drilling you only need to look at the Environmental Impact Assessment submitted by Desire (Petroleum) to understand how much work is being put in by the oil companies to ensure people understand what is going to happen. Were there a discovery, it would really be up to the Islanders to decide what would happen after that in terms of how much they allow to happen onshore and what they decide would happen offshore.


BK: Obviously oil prices can go down as well as up. How sure can you be that they will remain stable enough that this area can stay economically viable?


SM: I am not in the business of predicting oil prices but most commentators dont seem to think it will fall back below the $35.00 to $40 a barrel range. And, at that sore of level in the relatively shallow waters of the North Falkland Basin, you do not need to find a huge accumulation to make it worthwhile. You could probably do it for somewhere in the region of 50Million Barrels, which is much smaller than a number of prospects we have mapped.

BGS news letter update for March

http://www.bgs.ac.uk/falklands-oil/download/download_files/news.pdf

http://www.sartma.com/art_2744.html

Falklands : Mineral Resources Committee Report for March
Submitted by Falkland Islands News Network (Juanita Brock) 26.03.2006 (Current Article)
Find out what happened during this important committee meeting.


MINERAL RESOURCES COMMITTEE MEETING

(23 March 2006)

By J. Brock (FINN)


A meeting of the Mineral Resources Committee took place at 1500hrs on Thursday, 23 March 2006. Present were Cllr. A. Clausen, Councillor R. Cockwell, Mrs. Phyl Rendell, Director of Mineral Resources and Agriculture, Mr. David Lang QC, Attorney General, Mr. Chris Simpkins, Chief Executive and Mrs. Katrina Stephenson, who took the minutes.

There were no apologies for absence and no matters arising from the previous meeting held on 20 December 2005.

Mrs. Rendell then gave a report on Activities of the Mineral Resources Department since the meeting on 20 December 2005. She listed a further visit from John Armstrong and Richard Liddell of Falkland Islands Oil and Gas as well as chairman Designate, Tim Bushell. The men gave the Department of Mineral Resources a full briefing on findings from the 2002 and 2004 seismic in FOGLs licensed areas.



She went on to say that a team of four from Desire Petroleum Plc also visited the Falklands with the results of the Environmental Impact Assessment in the North Falkland Basin. There was frustration because Desire is ready to drill but cannot find a suitable rig. When one is found the drilling can happen immediately. While waiting, Desire are tying up all the loose ends and getting everything in place to have a seamless transition from the search for a rig to beginning the drilling effort.



Also visiting since the last meeting was Dr. Phil Richards of British Geological Survey, who is the Falkland Islands Governments consultant. He had an overview of offshore and onshore exploration, with a trip to Goose Green to see Falklands Gold and Minerals Limiteds operations.

FOGLs 2D survey in the South Falkland Basin of 25,000 sq km is nearly complete, with Rockhopper Exploration in the north using the GSI Pacific prior to the Illex season beginning in mid February. Rockhopper also acquired electromagnetic Data, a first for the Falklands, using a company called Offshore Hydrocarbon Mapping. Their vessel, M/V Aurelia called into Stanley several times prior to leaving the zone.


Onshore, FGML is up to date in their East Falkland Drilling programme around Goose Green, with some sampling work being done on West Falkland. Richard Linnell, the Company Chairman, visited the site prior to going to London for a Company board meeting.


Mrs. Rendell and Cllr Clausen will be visiting Huston Texas to attend the AAPG annual conference from 9 to 13 April 2006. Sam Moody of Rockhopper Exploration will also be attending. Prior to the Huston meeting, Cllr Clausen and Mrs. Rendell will be meeting Health and Safety Executive officials in London, as well as DTI officials as they play an important role in offering advice on how wells should be drilled. While in London the two will be visiting FOGLs offices and those of BSP, Argos and Desire Petroleum.


Prior to the exclusion of press and public the budget for 2006/07 was presented with an increase in revenue of 100,000.00 due to additional licence awards and acreage rental. Expenditure was for hydrocarbons consultancies, as well as 10,000.00 for the Health and Safety Executive budget. BGS had requested a budget of 276,000.00 but due to budget constraints, 250,000.00 was allocated. As such it is an increase of 20,000.00

Data interpretation also ate into the budget, with some older data being sold to help offset the costs.


There was no date set for the next meeting.

Falklands-Malvinas
Wednesday, 05 April


Rockhopper 3D seismic survey in North Falkland basin



Rockhopper Exploration plc (Rockhopper) announced Wednesday the signing of a Letter Of Intent with CGG Marine to conduct a 3D seismic survey on its North Falkland Basin acreage.

The survey is planned for the Falklands summer months and is currently scheduled to begin in December 2006.
The survey, which consists of a minimum of 685km2 over licences PL032 and PL033 is aimed at providing further data over a number of promising leads and prospects, and in addition, better definition of the zones from where oil was recovered and gas detected in the 2 wells drilled in 1998.
Licences PL032 and PL033 lie in less than 500m of water and were the subject of 2 wells drilled during 1998, one of which recovered live oil to the surface.
The licences are already covered by 1546 km 2D and 368 km2 3D seismic data and Rockhopper has access to that data. Rockhopper is now targeting a different play type in addition to those early wells, representing an untested oil play.

Sam Moody, Managing Director, commented: We are very pleased to have one of the worlds leading seismic contractors coming to work in the Islands at a time of tight supply for high quality services in the oil sector.

In 2006, we have already completed 2D seismic and CSEM surveys over licences PL023 and PL024, and the completion of this 3D seismic survey will be a further step in progressing our exploration effort.
By acquiring, processing and interpreting this data the Company is taking all available steps to ensure that we have the maximum flexibility in planning a future exploration drilling programme

markymar

I am selecting the shares for the "UPS"
RKH 27 - 30p
It looks like after being mark down heavily lately the buyers are returning at those lower prices, and SP bouncing from support 28p, share price at lower Bollinger Band ( Buy at lower, sell at upper, is the rule), Indicators (RSI and Stochastic) at oversold, as MACD looking ready for the turning, last week signed a Letter Of Intent for a 3D seismic survey on its North Falkland Basin acreage.

Your a brave man, i cant see any news untill late May or early June at the best!

Always the possibility that Desire might find a rig and that would help the share price.

Good luck with your choice Master.

Some slides of Rockhopper

Hydrocarbons Daily Record (05/05/06)
May 4, 2006
by J. Brock (FINN)

HYDROCARBONS DAILY RECORD (05/05/06)



By J. Brock (FINN)



At 1800 LMT on Thursday, 04 May 2006, prices reflected a further decline in the price per barrel with Light Sweet Crude at $69.94 and Brent Crude at $70.29. This reflects the second day of decline.



The decreases come despite Irans firm stance against any UN Sanctions that may arise. Iran has been told by the UN Security Council that it has until June to freeze its uranium enrichment programme. This lessens any immediate nervousness of retaliations on either side.



The fear factor also seems to have diminished regardless of Bolivias nationalisation of its natural gas facilities. A meeting between Venezuela, Bolivia, Argentina and Brazil, that took place on Thursday, may take the sting out of President Morales actions. Brazils oil company, Petrobas, has said that it might not go ahead with a planned natural gas pipeline extension if there is not a successful outcome on Monday. Petrobas stands to lose $1.5 Billion in the long-term if Bolivias sanctions take affect.



The publication on http://www.foreignpolicy.comof an article by Thomas Friedman entitled The First Law of Petropolitics has helped to set the industry at ease and could also have helped in dropping the prices per barrel we have seen recently. Mr. Friedman asserts that as the price of hydrocarbons increase, democracy and freedom decline they seem to run away from each other. President Chavez, he says, wouldnt be telling the oil companies to go to hell if the price per barrel were $20.00. $70.00 makes it a much more attractive option, with basic freedoms for the people being lost as the price of hydrocarbons increase. He points out that the most democratic of countries in the mid-east are the ones with a minimal oil industry.



LOCAL IMPLICATIONS:



The feel-good factor still abounds with the knowledge that any day now a suitable rig could be found by Dr. Colin Phipps of Desire Petroleum Plc. This doesnt mean that we will immediately begin to pump oil as it could take anywhere from 5 to 15 years after viable reserves are found.



New from:http://www.falklands-oil.com

May 2006 - Desire moves to Phase 2 on their PL003 and PL004 licences
Following on from Rockhoppers farm-in to these licences (also known as Tranches C and D), Desire has now moved to Phase 2 of the licences. During this Phase, which runs for 7 years, they must drill one well on each licence.

May 2006 - Changes to PON 1
Some minor changes have been made to PON No. 1, Record and Sample Requirements for Surveys and Wells. These changes require licensees to supply geophysical data in a new specified format if requested to do so. See the Downloads section for details.

April 2006 - Falklands at AAPG
In April the Falkland Islands Government exhibited at the Annual Convention of the American Association of Petroleum Geologists. This years convention, held in Houston, was a success for the Islands, who participated in the International Pavilion for the 11th successive year. The Falklands booth was a busy place of work, with numerous high-calibre visitors from international exploration companies. The Government also again participated in the International Pavilion Theatre, presenting a talk on exploration opportunities in the area. A copy of the presentation can be viewed at AAPGs on-line International Pavilion, at http://www.internationalpavilion.com/Houston_Theatre_pres_06/Falklands_06_files/frame.htm

This link below is a better link if you have power point a lot clearer

http://www.internationalpavilion.com/houston_theater.html

They are on the move up today now 28 - 31p +2.50p

I selected the shares earlier on the UPS.........

"UPS" (Added by Master RSI on Wed 10 May 10:24 am)
RKH - Mid 27.5p
Reason - Now rising from a double bottom on the chart, rumours of DES getting a rig soon should be good news for them, as they have a 7.5% on the NorthFalkland Basin acreage C and D

Further move up this afternoon to 30 - 32p +4p

with a good L2 after WINS gone up on the bid 1 v 1

       LATE LUNCH TIME FUN