markymar
- 15 Aug 2005 15:14
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.
avsec
- 27 May 2011 09:12
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I'm away next week with only intermittent coverage - any idea when we may expect the next RNS?
cynic
- 27 May 2011 11:40
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not for weeks i think
avsec
- 27 May 2011 11:54
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Great - that will allow me to concentrate on the fishing! Hopefully more success there than currently with RKH.
cynic
- 27 May 2011 11:57
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salmon? tweed?
hlyeo98
- 27 May 2011 13:50
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RKH is one to avoid imo.
chav
- 27 May 2011 14:10
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Because?
avsec
- 27 May 2011 14:56
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Salmon - Spey! It seems to take a year to come round again........ so I had a week in April as well!
However RKH had better improve if it's to pay for the Halladale in September
cynic
- 27 May 2011 16:32
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very nice too .... hope there's a good run for you ..... fly only i assume
avsec
- 27 May 2011 16:54
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Thanks Cynic. Certainly fly only and their best fish this week 28lbs. Whilst not as plentiful as the sea trout in the Malo, East Falkland they are much closer!
chav
- 31 May 2011 12:04
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Good decision so far marky!
chav
- 31 May 2011 12:19
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30-35kts this morning so a bit border line on working if at Flow test stage as it requires good conditions.
chav
- 31 May 2011 12:37
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Thks Marky
rococo
- 31 May 2011 23:19
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Market report from the FT.com
Small caps: Desire in demand
By Neil Hume and Stephen Smith
Desire Petroleum was in demand on Tuesday. It shares advanced 6.4 per cent to 12 1/2p after the Falklands explorer said it had identified new drilling prospects, one of them at the same stratigraphic level as Rockhopper Explorations Sea Lion discovery. However, traders reckoned Desire would find it difficult to finance futher exploration in the waters off the Falklands given the companys dreadful drilling record.
With limited cash resources remaining the group faces a funding crisis later this year, commented Canaccord Genuity. Given that Rockhopper has a 7.5 per cent interest in Desires acreage it is in a good position to evaluate the assets, and is probably the only credible buyer of the company, or potentially to undertake some kind of asset deal, e.g. increasing its stake in exchange for carrying Desire.
Rockhopper, meanwhile, rose 14.1 per cent to 230 1/2p helped by the clearance of an overhang and a bullish sector note from Goldman Sachs. The broker has slapped a conviction buy rating and set a 657p target price on the company, which it is says it one of five stocks that offers high-impact exploration newsflow supported by core values that mitigate downside risk of exploration failure. Another stock in that category is Bowleven, 2 per cent higher at 307p, according to Goldman.
In addition, Rockhopper was also lifted by speculation of a bullish drilling report from its 14/10-5 appraisal well, which was spudded in early May. Traders reckon Rockhopper has already started to flow test the well after drilling down 800 metres.
mnamreh
- 01 Jun 2011 07:22
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.
mnamreh
- 01 Jun 2011 07:23
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.