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.

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

240 ish i am back bb
but iam in demand
sadly for my partner wants me now she deamnds it
rkh will spring back
mates from sas and sbs smash ops tell me
bit of mymucic to follow but next few days i am gone
spanish hustle the fatback band
http://www.youtube.com/watch?v=wKtHQKQX_bI&feature=related

on hols this is a film
but near truth

http://www.imdb.com/video/imdb/vi1024524313/

sounds like wacky backy to me.,.

The Company announces that, following the exercise of options issued as payment for services related to the Company's placing in October, 2009, it has issued 100,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 54p per share. Following this option exercise, all options issued as payment in connection with the Company's placing in October, 2009, have now been exercised.

Application has been made for the admission of 100,000 new Ordinary Shares to be admitted to trading on AIM. The Ordinary Shares rank pari passu in all respects with the Company's existing issued ordinary shares, and it is expected that admission will become effective and that dealings will commence on 28 March 2011. On admission, the Company will have 258,139,606 Ordinary Shares in issue.

i'm afraid it's nearly always "gibby gibberish"; tomasz isn't much different, but at least he has an excuse

and today, the "taxman" reverses his position and gives with RKH and takes away with XEL!!

lol bb

cynic yes xel is good but to boy now????

i go on holiday but iseem to never stop
i would like to know
cheers

i make cash not loose it

i can't make your investment decisions for you, but i think there is still plenty of upside to XEL and it is arguably a lot less risky than RKH (i hold both)