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.

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.

what goes up got to come down, hope you can make a bit on it in time..

rf, both of us are in the same boat.