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Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

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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.




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yuff - 09 Mar 2011 13:20 - 4395 of 6294

Too risky for me even at this low price.

required field - 09 Mar 2011 13:29 - 4396 of 6294

That's the final top up for me......I would have expected the sp to be above 300p right now.....never mind 225p.....

HARRYCAT - 09 Mar 2011 13:35 - 4397 of 6294

If it is a dud, rf, then the sp will tank and the recoverable reserves figure will be negatively adjusted. VERY high risk, imo and based on your previous posts I would have thought your exposure here is already verging on the suicidal!???
I have a small stake at 275p and another small stake in ARG at 40p, but that's my limit of risk here.

required field - 09 Mar 2011 13:45 - 4398 of 6294

Perhaps not suicidal but a hefty piece of the action for me anyway.....as many shares as before the original strike....and I cannot understand all the negativity now about this....8km away they found oil linked I think to Sealion, this is just 2.3km if I'm not mistaken.....to my way of thinking there is a big chance of the original discovery of 170 million just being confirmed, more than that needs a bit of luck. I probably have one third too many shares in this for my liking but will stay put and it's not as if this is the end, ten more wells due perhaps......there is room for optimism with the whole area being drilled....

markymar - 09 Mar 2011 13:52 - 4399 of 6294

This is not an exploration drill its an appraisal drill of Sea Lion, you do have a risk that this could go tits up but you have between 85 to % 90% chance of success on this drill..is RKH price cheap at moment hell yes they should be sitting over 3 as they have already found a minimum of 170 million barrels of oil. The price should be underpinned with the reserves they have found so far.

Its a screaming buy at the moment and I expect them to be coring at this moment in time.u dont core mud.

HARRYCAT - 09 Mar 2011 14:38 - 4400 of 6294

Ah, you always say the right things, marky. I almost talked myself into doom mode!

mnamreh - 09 Mar 2011 14:59 - 4401 of 6294

.

mnamreh - 09 Mar 2011 15:06 - 4402 of 6294

.

markymar - 09 Mar 2011 15:10 - 4403 of 6294

http://www.fox-davies.com/media/326934/fdcrockhopperfeb142011.pdf

Harry its depressing when you look at the current share price but if you go back and read up and do your figures am sure you will see the positives out number the minuses.

I still get a share price based on the 170 million barrels of about 3.50p so well undervalued at present.

Things are going to hot up very soon..come on the Rock and XEL


Balerboy - 09 Mar 2011 15:36 - 4404 of 6294

All you got to remember is "that Pro said it's going to be a 20 share" have faith!!

halifax - 09 Mar 2011 16:25 - 4405 of 6294

where is pp?

markymar - 09 Mar 2011 16:45 - 4406 of 6294

Ramping over on ADFVN shouting it will be 8 a share soon!!!!!!! Liar 30 a share, and if he is not there he will be posting on 6 or more other sites. Then there are all the other different names he uses to, am totally worn out.

chav - 09 Mar 2011 16:53 - 4407 of 6294

Marky..One of the 2 Choppers RKH are getting down is for SAR and the other for transport....I'm not expecting any drill news before the 21st March, so will be a few chewed finger nails around the BB's by then!

markymar - 09 Mar 2011 17:04 - 4408 of 6294

I take it that the crew tom are from the delayed flight last friday. fancy pinching the plane.

cynic - 09 Mar 2011 18:59 - 4409 of 6294

at least we have also said goodbye to MRSI and his alter ego ...... wonderfully peaceful once more

avsec - 09 Mar 2011 20:49 - 4410 of 6294

goodbye to MRSI and his alter ego

I regret (?) to say I have had him squelched for ages and it does make the thread shorter and easier to read!

markymar - 10 Mar 2011 07:50 - 4411 of 6294

Just seen other thread with rig rumour....................its a tight ship with RKH very little gets out.

markymar - 10 Mar 2011 09:40 - 4412 of 6294

On level 2 there is a sell of 67,000 which seems to keep getting pushed back now up to 2.32 does any ome no the reason?

At least its blue today,chav any gossip on crew

chav - 10 Mar 2011 10:53 - 4413 of 6294

No gossip Marky...another nice quiet day weather wise in the FI's this morning.

That 67K has been jumping around on both sides of the order book for ages without ever getting filled so assume it's a computer with a sense of humour!

halifax - 10 Mar 2011 16:10 - 4414 of 6294

218P need news soon or sub 200p
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