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.

i assume you mean $ and not

marky meant Canacords valuation, presumably any bidder would have to take into account the massive cost of building the infrastrucure required to facilitate oil extraction.

Cynic Oil has just hit 120 dollars a barrel so me using 4 barrel is putting a price of $ 6 a barrel in the ground roughly cheap as chips


Hal am not sure as the infrastructure will be expensive but they have put the minimum size of the field has to be 40 million barrels for it to be profitable, so really that statement today saying they have a min of 155 mill barrels takes us a step closer till they a producing.

Maybe they might get a partner or sell out of that prospect for a lot of money,its a huge area down there and early days like the Nort sea.

They also said they would use FPSO

hali doesn't like TLW either; told him, but for some reaon he doesn't believe it, that spaceships will be doing the transport from the oilfield - easy peasy

I like the graphics Marky!

A quick sketch on the back of a fag packet.

Lol!

F***ing halifax.......not you hali.,. wanted to sell today ......and can't at mo!!

why can't you?

have now, kept going to set a trade deal. Rightly or wrongly have topped up XEL as there will be news very soon. I'm hoping for a ................................YYYYYYYYEEEEAAAAHHHHHHAAAAA moment.,.

that might equally be as someone sticks a splintery broomhandle up your arse!

With gold at these high prices, and new dicoveries from medusa, the share price can only go one way. It was also nice to collect a cash dividend a couple of weeks ago.

Sorry wrong thread.

Fox Davies flash note

http://www.fox-davies.com/media/374133/fdcrockhopperapril052011.pdf

Look like the Rocks on the move order book looking strong on level 2 with a 10% filter on it.

RNS after the close last night declaring that GLG partners had acquired more than a 5 percent stake in Rockhopper, the omens look very positive. GLG is an American hedge fund which is now part of Man Group.

When they start drilling, that'll bring the sp back to the 270's+

Upon completion of operations on the Ninky well, the Ocean Guardian drilling rig will return to Rockhopper.
Rockhopper will drill a minimum of 3 additional wells using the Ocean Guardian drilling unit. Rockhoppers next
well is planned to be located near to the 14/10-2 discovery well. Specialist flow test equipment is due to be in the
Islands in early May and Rockhopper intends to flow test the well if appropriate using this equipment to obtain a
greater understanding than was possible during the test of well 14/10-2.

if you're lucky, there'll be some support at 220, but i wouldn't bank on it ...... i have already bitten the bullet and taken a very tiresome loss, but reckon the bottom has yet to be reached

though it is hard to believe that sealion is the only decent if limited reservoir, to date no one has found better than dehydrated camel bones elsewhere

you may be right but have taken small punt at 234 as there might be a small bounce tomorrow to be had. Personally i would be surprised if it dropped below 230p.,.

bb you are not going with the flow is that wise?