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Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

Web Page Traffic Counter

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.




free counters

Balerboy - 24 Mar 2011 19:04 - 4551 of 6294

lol.,.

gibby - 24 Mar 2011 20:24 - 4552 of 6294

what a fighbut this will be and cynic you have good and bad - i like the profit takingco

i know we all have a dispute - that is life

this co will spring back but i am told get ouy now and buy back

if you are decnt i might tell you as need to know only right now

and if you are savvy and in already spring in and jump back

gibby - 24 Mar 2011 20:39 - 4553 of 6294

i just read back LOL

are you prverse me and you in a cage - people pay fot that!!
maybe a yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehhhhhhhhhhhhhaaaaaaaaaaaaaaaaaaaaaaaaaaa
just need to charge enough!

gibby - 24 Mar 2011 20:41 - 4554 of 6294

that was to cyn

gibby - 24 Mar 2011 21:13 - 4555 of 6294

if i show interest movemant ahead
dont move unless a buyer
7 to 14 days lol!
t/o buy to my shock but would not be good sub current sp
that is the latest

gibby - 24 Mar 2011 21:26 - 4556 of 6294

tommos 300p
+/-
5 pqrcent

gibby - 24 Mar 2011 21:28 - 4557 of 6294

easy trading - kemarky
i never had a little voice
yours ok in your head - they seem active? good luckrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrcghinnngggggggggggggggggggggggggggggggggggg

cynic - 25 Mar 2011 07:40 - 4558 of 6294

glad amanita muscaria never had any appeal to me as you can see what it does to the brain

greekman - 25 Mar 2011 08:05 - 4559 of 6294

Wish posters would stick to the subject of RKH. I continually see that someone has posted, then click onto the link to see...well nothing remotely concerning RKH. This is getting as bad as the RKH thread was on iii.
I appreciate the odd post, including my earlier post that was none RKH, but that was to try to get the thread back on track.
Please give it a rest.

Balerboy - 25 Mar 2011 08:14 - 4560 of 6294

Gibby's gone off on one!!!lol

markymar - 25 Mar 2011 08:23 - 4561 of 6294

Good post from marlon on iii

1) sealion main fan top sand, 30m pay, OWC
2) sealion main fan lower sand, Water leg
3) sealion northern lobe thin sand, Water leg
4) sealion lowest sand thin sand, 3m pay

107m gross reservoir, 75% net to gross.

So we had 80m net pay total, 33m oil and 47m water.

We know that sand 3 was thin so let's say 5m of our "water pay" was here.

At 14/10-2 sand 1 was about 2x the size of sand 2 so assuming a similar ratio, sand 1 at 14/10-4 was 30m oil and 20m water, and sand 2 was 25m water.

So our OWC was at 2505m at 14/10-4 and 45m out of a potential 75m net pay fell below it in the main fan.

At 14/10-2 we had 34m of net pay in the main fan, had we not seen OWC at 14/10-4 this would have more than doubled!

So taking an average (32.5m down dip) we would potentially 55m of pay all above OWC!!

THE RELATIONSHIPS ARE NOT LINEAR...but it's a good start.

So what has 14/10-4 told us about P90 and P50 in the southern lobe.

1) the oil down to of 2505m absolute depth rules in the valley floor and western slope. This would increase P90 to over 100mmbs, my estimate 130mmbs
2) the oil net pay will be thinner across the valley floor than the required 35m average required for P50
3) the oil will be thicker than the required 35m in the areas between the 14/10-2 and 14/10-4 contours.
4) it is likely that net pay will be thinner than 35m up dip from 14/10-2
5) Therefore P50 is likely to be slightly lower than the 215mmbs shown in the CPR

BUT

Looking to the South
1) the MAJORITY of the additional 43km area in the new 3D is potentially up dip from 14/10-4 with a very large area in the "prime contour" region between 14/10-2 and 14/10-4.

2) there are at least three additional pay zones (Chatham, Sealion Lower and F3) which have shown oil net pay

3) it is more likely than not that these additional pay zones are either continued or replicated under the new 3D area.

There is so much high likelihood POTENTIAL. AND WHAT WE HAVE AT P90 IS COMMERCIAL.

It is looking very good from here!!!!

gibby - 25 Mar 2011 12:34 - 4562 of 6294

hmm - tempoary glitch perhaps?



Rockhopper Exploration ("Rockhopper") (AIM: RKH) is an AIM listed oil and gas exploration company based in the United Kingdom.

Rockhopper has licences to explore for oil and gas in the North Falkland Basin, a basin with two proven petroleum systems and a proven high quality oil source rock.

The company was admitted to AIM in 2005 and has since completed an extensive work programme in the area, including two 2D seismic surveys, a 3D seismic survey, four CSEM lines, site surveys and benthic sampling.

In February 2010, the Ocean Guardian drilling rig arrived in Falklands waters to carry out a multi-well drilling campaign. Rockhopper drilled an exploration well on its Sea Lion prospect during April and May 2010, the result of which is the first oil discovery and Contingent Oil Resource in the North Falkland Basin

gibby - 25 Mar 2011 12:37 - 4563 of 6294

when i say sell look for a quick profit buying back that is all
big risk you all know this

gibby - 25 Mar 2011 12:39 - 4564 of 6294

no big deal

Recent Regulatory News Date/Time Headline Source
Wed 07:00 Rockhopper Exp plc - Issue of Equity RNS
RNS Number : 4406D
Rockhopper Exploration plc
23 March 2011



23 March 2011



ROCKHOPPER EXPLORATION PLC (The 'Company')





Issue of Equity





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.





Rockhopper Exploration plc

Sam Moody - Chief Executive Officer

Tel. +44 (0)20 7920 2340 (via M: Communications)



M: Communications

Patrick d'Ancona or Ben Simons

Tel. +44 (0)20 7920 2340



Canaccord Genuity Limited
Charles Berkeley / Henry Fitzgerald-O'Connor

Tel. +44 (0) 20 7050 6500


gibby - 25 Mar 2011 12:41 - 4565 of 6294

did i hear an embargo?

gibby - 25 Mar 2011 12:45 - 4566 of 6294

http://www.smallcapnews.co.uk/article/Oil_Gas_RoundUp_25_March/8747.aspx

markymar - 25 Mar 2011 16:08 - 4567 of 6294

Its then little voices again gibby talking in your head,if your trying to deramp the stock you are looking very foolish indeed on this thread.

greekman - 25 Mar 2011 16:25 - 4568 of 6294

People still replying to gibby, so i can't see any point staying tuned to this thread. Shame as it used to have better meaningful content than iii.
When will people learn that if you reply to these adolescent muppets they have won.
Just squelch them and leave them ranting to themselves.

gibby - 25 Mar 2011 21:46 - 4569 of 6294

marky low cost i will share the voices
see who makes the most

greek no comment

markymar - 26 Mar 2011 12:39 - 4570 of 6294

http://contrarianinvestoruk.squarespace.com/

Portfolio review of the week March 25th 2011

SATURDAY, MARCH 26, 2011 AT 8:19AM

The FTSE 100 finished the week at 5,901 up 20 points on the day and up 183 points (3.2%) on the week.

The Dow Jones Industrials finished up 50 points at 12,221, up 3.1% on the week.

Markets have regained their poise as fears of a nuclear catastrophe at the Fukushima nuclear plant in Japan have faded and worries about Portugese debt, the fighting in Libya, unrest in Syria and Bahrain are forgotten for now.

A raft of posiive earnings from U.S. semiconductor and technology companies such as Oracle and Micron as well as news that U.S. gross domestic product increased at a 3.1% annualized rate in the fourth quarter, revised up from the 2.8% also helped lift sentiment.

Oil finished at $105.6 (WTI) little changed on the week.

For the Contrarian Investor UK portfolio it was a very good week with some excellent profits banked in Rockhopper, Chariot Oil and Gas and Xcite Energy.

The turn around in sentiment in the last 2 weeks has been extraordinary and when the mood turns this positive this quickly I like to take some profit off the table.

The market felt like it was on the verge of a collapse post the Japanese Tsunami, not investors seem to be piling back in so as to not feel left out by the return of positive momentum. When fear is rife, this is the time to buy.

Rockhopper (RKH) - At last some good news for the Falkland Islands oil sector with a very positive appraisal well result announced on Monday

.The price spiked above 300p on Monday on the news that 14/10-4 was a major oil find with a significant reservoir package and hydrocarbon column encountered (33m, 108 ft).

Oil Water Contact was at 2503m measured depth in the main fan indicating that the southern main sea lion fan is full to spill.

After moving up 300p in early trade on the 14/10-4 news, its been downhill on the way, with the price finishing at 262p, only 40p or so above the level it was before the well update.

After taking profits on Monday I have been building a substantial position all week since at 262p and with 14/10-2 and 14/10-4 proving a large oil asset in the North Falklands basin the share price makes no sense. Rockhopper has 180 millon or so in cash to complete 3 further wells in 2011 as well as detailed 3D seismic data of its acreage.

Short term traders have moved on to Desire Petroleum since the Ocean Guardian rig is due to start drilling the Ninky Well this week, in an area to the south of Rockhopper's acreage.

This in itself makes no sense as Desire have had a series of failures and no proven oil to date compared with Rockhoppers P90 of at least 100-130 million barrels (proven reserves).

Rockhopper also has the potential for huge upsides to the current P90 reserves notably in its southern acreage.

3D seismic data of this area of this area will be available in July.

Then there is the area around the 14/10-3 well which had live oil but not commercial on a stand alone basis and the S2 fan which is on the Northern lobe of Sea Lion.

Following the 14/10-4 news Rockhopper's acreage is undeniably commercial, with oil found to date valued at $10-15 billion.

Even with development and extraction costs of $3-4 billion, there is $7 billion of value, it makes the current market cap of 676 million look paltry!

The figures speak for themselves and sense will return to the share price soon I am sure.

http://contrarianinvestoruk.squarespace.com/
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