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Rockhopper - A big 2011 coming (RKH)     

Proselenes - 13 Jan 2011 23:54

.

aldwickk - 20 Jun 2011 17:45 - 508 of 729

bring home the bacon , is that kosher ? lol

cynic - 20 Jun 2011 18:27 - 509 of 729

you get both kosher and halal bacon, though how the customers are meant to know what it should taste like is a moot point! .... a bit like vegetarian chicken

Balerboy - 21 Jun 2011 08:17 - 510 of 729

I hope those who do the deathly deed have a chance to have their throats cut and bleed to death at some stage in their life.,.

required field - 21 Jun 2011 08:27 - 511 of 729

Is this the RKH thread or have I entered another dimension ?

cynic - 21 Jun 2011 08:34 - 512 of 729

it's been taken over by the aliens - we're all doomed!

required field - 21 Jun 2011 08:35 - 513 of 729

These mexicans get everywhere....

required field - 21 Jun 2011 08:37 - 514 of 729

I would have thought that sort of leak would have spilled through by now....but nothing...no hints.....zippo....

aldwickk - 21 Jun 2011 09:58 - 515 of 729

Balerboy

In most religions animal welfare is disregarded and cruelty tolerated , for example in the Philippines cock fighting is legal and there are ad's on tv promoting it [ a roman catholic country ]. I think there is something in the Bible about man having domain over all living creature's ect,etc, unclean meat and all that load of bollocks.

cynic - 21 Jun 2011 10:09 - 516 of 729

kosher/halal practices are performed by properly trained exponents and is not done for a laugh or anything arcane, but for sound health reasons - tread carefully

Balerboy - 21 Jun 2011 10:11 - 517 of 729

Agreed Ald, I made the mistake of watching a prog on tele about it.....what you don't know or see the better off you are sometimes. Thats why I'm an emu.,.

Balerboy - 21 Jun 2011 10:12 - 518 of 729

Health my arse.,.

Balerboy - 21 Jun 2011 10:13 - 519 of 729

Have they tried it themselves to see what it feels like??

mnamreh - 21 Jun 2011 10:29 - 520 of 729

.

avsec - 21 Jun 2011 10:44 - 521 of 729

Back on thread - dropping away a bit too quickly at the moment

halifax - 21 Jun 2011 11:02 - 522 of 729

panic selling?

Proselenes - 21 Jun 2011 12:06 - 523 of 729

It will be to do with XEL.

Some people will be selling RKH to cover their margin calls on XEL I do think........... look at that XEL chart.

Proselenes - 21 Jun 2011 12:11 - 524 of 729

Shorters hard at work at RKH.

Stock on loan now up to 1.2 million, going to be a lot of shorts closing end of this week ahead of next week news, or on the news if its this week .......

rkhsol.png

cynic - 21 Jun 2011 12:13 - 525 of 729

not necessarily

Proselenes - 21 Jun 2011 12:49 - 526 of 729

RKH added to Bank of America/Merrill Lynch MidCap 1 list of preferred stocks


http://ftalphaville.ft.com/blog/2011/06/21/600951/markets-live/


NH but Merrill are pushing Rockhopper

NH Flow test to establish base-case commerciality

We are adding our BUY rated Rockhopper (PO 515p) to the BofAML Europe
MidCap 1 list of preferred stocks. RKH trades at a 58% discount to our 515p NAV,
the largest discount of all E&Ps under coverage. Market concerns surrounding
commerciality of the SeaLion discovery in the Falklands remain despite the recent successful appraisal well. We believe that positive results from the forthcoming flow test of this appraisal should prove market concerns overdone.

Given indications from prior wells and the thick pay encountered in this well (93m vs 53m at the original find), we firmly believe that sustained flow rates of c.4kboe/d are achievable and could even surprise on the upside.

NH Western flank offers significant upside

A further appraisal well located 4.2km to the west of the initial discovery well will follow these ongoing tests. This will be the first well to test the western extension of the field within managements larger mid-case area for the main fan, as well as targeting the lower fan. At prognosis the upper fan is set to thin out to the west and should be offset by the thickening of the lower fan. Whilst clearly riskier, we believe that the western flank well (worth 60p risked, 183p unrisked) could add an extra 50-60mmboe, and move SeaLions resources towards the 155mmboe level from the 80-100mmboe level currently discounted in the shares.

Southern extension another source of potential volumes

Ongoing 3D seismic studies should enable management to determine a high-case
area for the field including any potential southern extension. Early signs provided by neighbouring operators have already indicated a potential southern extension to the SeaLion field although management have been reluctant to be drawn on it.

Fully processed seismic data from the surveys is set to be completed by July,
followed by detailed interpretation of the results and a formal update to the market a few weeks thereafter.

Proselenes - 21 Jun 2011 12:57 - 527 of 729

Given ML say that it suggest there could be potential for a surprisingly good flow test result..... :)
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