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.
This diurnal fluctuation is getting on my nerves!
Just when it looks as though RKH is going to achieve it's undoubted potential it slumps back down again - I'm just thankful I have so far resisted the temptation to buy another tranche.
This could also mean than further east on RKH's patch,....more oil might be there to find....the odds are : that when oil is found in commercial quantities, more oil is there to be found !....how much is anybody's guess but somewhere out there, another sealion awaits perhaps !.
3 going to be it, plug well and wait for a couple or three months before return from Kinky which might or might not perform. Out for now with my profit.