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Well...the "Foilkies" are doing well at the mo....

Yes , RKH is zooming up this morning , wouldn't like to be out of those

Good oilies to be in RKH, BOR, FOGL...and perhaps ARG...not sure about DES...

Nice day yesterday for FOGL, up again.

Unsurprisingly ARG is not going to drill, its not a surprise as their targets ended up being small when the 3D seismic revealed all.

Not long before everyone sells RKH and DES and piles into BOR and FOGL.

Going to be exciting times ahead for FOGL.

Up to 4.7 billion recoverable barrels on the first drill.......... life changing potential :)

No oil has been found at all in the SFB apart from a big coal field...pro is a ramper so dont be fooled by him.

Fogl dont even have enough money to drill the second prospect at this time ,they havent even a COS on the prospects they will drill it could be only 10%.very very risky

imo, DES hasn't got much better prospects, but at least it abutts the known field of sealion, whereas FOGL merely abutts an awful lot of nasty south atlantic!

marky

Even you must admit that the Des performance has been shambolic from beginning to end. PP may have an angle but then we all do. Personally I like Borders because their board seems to have the sort of professional quality lacking in Des, but more akin to RHK. The rig will be on its way quite soon and I am with PP that those with a penchant for high risk explorations will pile in to FOGL and BOR. I hold BOR in preference to FOGL as I think RAB will be looking to offload and that overhang might hold back the FOGL's share price.

Better performance from RKH 261p today , Pro changed horse's before the race had finished.

Still not interested Pro ?

Having sold out of RKH at 300p - its still below where I sold, and on top of that the sold money has made more money in the meantime - so if RKH were to get up to 400p then it would make my decision to sell them at 300p a poor one.

But they have not - so I am very relaxed :)

And yes, still not interested. This is the last drill, then there is big fund raising.

Look what happened to XEL from being 400p on the last drill - then stopping drilling - then boredom and fund raising - and everyone sells bit by bit, and down to 100p they go.

An oil price rally just as FOGL begin drilling would be very nice :)

http://moneymorning.com/2011/12/15/2012-oil-price-outlook-how-to-profit-from-150-oil/

2012 Oil Price Outlook: How to Profit From $150 Oil
December 15, 2011

By Jason Simpkins, Managing Editor, Money Morning

2011 was an up-and-down year for oil prices, but don't expect that pattern to repeat in 2012. No, next year, the trajectory for oil prices will be far more linear - and it's pointed up.

In fact, we could even see $150 oil by mid-summer.

There are two key reasons why:

Despite the economic crisis in Europe, oil demand proved resilient in 2011. It is poised to remain steady in 2012, and then escalate drastically for the foreseeable future.

Supplies will once again be constrained, and the potential for political upheaval in major oil-producing nations has increased.

These are the principal reasons oil prices have surged about 30% since dipping below $80 a barrel in early October. They're also why the world's upper-echelon of energy forecasters has oil prices building a floor above $90 a barrel and rising from there.


Indeed, Goldman Sachs Group Inc. (NYSE: GS) recently recommended that traders buy July 2012 Brent crude futures in anticipation of a rally to $120 a barrel. It was one of the bank's top six trades for 2012 published in its "Global Economics Weekly" report.

Barclays Capital agrees. "Even in the worst case scenario, the.....................

what a stupid article everybody knows the vampire squid is a big speculator in oil futures.

BOR spud should be late Jan, or first week of Feb - depending on sailing conditions for the rig, time from Greenland to South Falklands was expected to be circa 60 days.

BOR's 2 wells should take 90 days, which means FOGL spudding end May or early June one would hope.

Do not forget to add your entry for 2012 competition.

http://www.stockchallenge.co.uk/

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http://en.mercopress.com/2011/12/23/we-can-never-accept-the-argentine-government-s-challenge-to-falklands-self-determination?utm_source=newsletter&utm_medium=email&utm_campaign=daily


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http://www.telegraph.co.uk/news/uknews/8976005/David-Cameron-pledges-to-protect-Falklands-in-the-face-of-Argentina-tension.html

http://www.proactiveinvestors.co.uk/companies/news/37295/emerging-oil-and-gas-frontiers-attract-attention-37295.html

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Just what I have been saying, the big boys will watch how BOR and FOGL get on in the south and make their first moves there, before they get involved with anything small in the north.

http://falklandsnews.wordpress.com/2011/12/28/falklands-oil-2012/

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The write up for FOGL for 2012.

http://boards.fool.co.uk/nfsc-2012-write-up-fogl-falkland-oil-and-gas-12443771.aspx


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