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.
AustrianRetreats
- 22 Jul 2011 16:05
- 4993 of 6294
Nice Pic
I expect fossil to be around for a very long time, my concern is the commerciality of some fields may be diminished if the price retraces too much as a result of alternatives catching on.
Three years ago, a mate of mine sent me a DVD about the new biggie "H2O cars" I looked at it and thought "what a load of crock"
2 weeks ago I watched a docu about a Company in Germany that had a breakthrough in developing a new fuel..............................yep H2O
I would not like to predict where oli will be in 18 months let alone 4 years, but then who would have expected to see gold at 1600 3 years ago?
Personally I hope you all make millions and come and buy some of my Alpine propertys
Sp has a little bit of a spring in it now......hope so as still at a blinkin' loss ......but I have the faith...by golly miss molly....come on the rock....
Based on a sum-of-the-parts calculation, and a US$100/barrel long run oil price, Goldman has set a 12 month target price of 782p for Rockhopper shares. The broker is assuming an 80% chance of success for its low case estimate for Sea Lion, with additional risked value for further potential volumes and extension of the field.
i gritted my teeth this morning when i sold a slab at 198.25 ..... that now looks like the smart move, though with hindsight, i should have dumped the lot