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.

limit buys set for 270..260... 250p. now I can rest easy.

this like the tax man
he gives with one hand (XEL) and takes away with the other (RKH)!!

looking at L2, there is no need to rush in to buy ..... current offer book is >2x the bid

i am oh holiday now but eoptions let me play sold all my rkh - back in later
gkp comig on

Once all the orders at 2.75 are cleared on the offer, we may see a lift back up

Seems to be plenty of buyers at this level as that 150K at 2.75 got bought pretty fast.

Looking like a smooth run up through the gears on L2 now:-)

Order book looking a lot stronger on level 2 at 10%

RKH Goldman: reiterated conviction buy, tp raised to 684 from 640

We regard the result as very positive news. The company has stated that contingent P90 volumes will go up significantly and that as a result, confidence in commerciality will also rise significantly. We concur with this assessment, estimating that 100 mn bls is sufficient to make the development comfortably commercial at US$100/bl assuming an FPSO development a threshold that we believe should be close to the revised P90 volumes following this result. To reflect this increased confidence in the commerciality of Sea Lion, we increase our assumed chances of success on the field from 60% to 70%; as a result, our 12-month target price rises to 684p (from 640p). We believe the stock is trading at almost a 30% discount to the risked value of Sea Lion (assuming a P50 volume of 205 mn bls) and cash net of appraisal costs alone, and believe there
is compelling additional potential from: (1) a potential extension of Sea Lion to the south from new seismic coverage; (2) a further de-risking of Sea Lion; and (3) additional exploration drilling in Rockhoppers substantial acreage around the Sea Lion discovery.

Valuation
Our SOTP-based 12-month price target is calculated using US$100/bl oil. We assume a 12% discount rate, higher than the 10% we normally use for OECD countries to reflect the higher political risk we assume in the Falklands.

Key risks
Failure in the future appraisal is the key risk, although we believe that todays result has removed some of this downside risk.

--------------------------------------------------------------------------------

wise up

i sold all rkh LOL

my friend next punts = gkp rrr rrl otc sres et cetera

http://www.youtube.com/watch?v=L5YUCygMBiE

lol

my cash
yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
a d my $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$444
arooooooooooooooooooooooooooooooooooooooooooooooo

http://www.youtube.com/watch?v=qfKu6pGxvFU

my last

on hol

http://www.youtube.com/watch?v=_Z5CmDLLhzg&feature=related


call
maikg too much

How old Cary Grant? Cary Grant fine - how you?

how can you value something that has yet to be proven commercial, still "pie in the sky",ioho.

Hal you been away and missed the CPR or the flow test or the 2 Successful appraisal wells which have been drilled.

We are focussing on Sam Moody's remarks which did not confirm the discovery is commercial, when it becomes proven then a proper valuation can be assessed, not as at present a guesstimate.

hali - have you bought any TLW of late (lol!!)?

cynic as you know we are not TLW fans, they seem very anxious to offload some of their risk in Uganda,still haven't seen those spaceships you promised.

my impeccable source tells me they're being designed at this very moment at a secret location near amarillo .... prototype expected ready for testing in late 2013

my 270p triggered...just the 260 and then the 250 to finish off, kerching