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Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

Web Page Traffic Counter

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.




free counters

cynic - 21 Sep 2011 18:54 - 5287 of 6294

they'll just buy a farm near port stanley!

markymar - 22 Sep 2011 08:24 - 5288 of 6294

Hal the word "IF".....am sure you can work that one out also what" IF"the do find partner or raise money?

How much oil is down there?
Will they find more oil ?

Lots of "IFS" but an happy holding as plenty of upside to come in the next 6 months.

markymar - 22 Sep 2011 08:33 - 5289 of 6294

http://investing.thisismoney.co.uk/broker-views/

22 Sep Rockhopper... RKH Goldman Sachs Buy OLD PRICE 728.00 NEW PRICE 854.00 Retains

NEW TARGET PRICE IS 8.54P

required field - 22 Sep 2011 11:21 - 5290 of 6294

This share should be around 4 now but it isn't, I don't know about you lot but I've just stopped trading completely....apart from GKP...no profits anywhere....and I won't buy anything until my reds turn to blue...

markymar - 22 Sep 2011 11:37 - 5291 of 6294

Holding only 4 shares at present here RF only trading in one which is ARG buying in low 20s selling near 30s been doing well at that.

HARRYCAT - 22 Sep 2011 12:05 - 5292 of 6294

Don't despair rf. Lots of people in the same boat as you.
These high risk stocks are always going to be hard hit when the markets are weak and good news is being swallowed up with little effect on the sp. Might be worth having a stake in some of the blue chip Co's to benefit from divi's & less volatile price swings.
I was going to pump a little more cash into the market a few weeks ago, but very glad I didn't. Sit tight & don't panic sell is my advice.

greekman - 22 Sep 2011 13:00 - 5293 of 6294

I posted this at 0839 today on another site, since then the sp has continued to drop.

Theres blood on the streets.

With the mood of the markets, I think if Rockhopper had put out an RNS this morning, that whilst looking for oil they had found the 'lost city of Atlantis with all its treasures', the sp would still be diving downward.
Apart from the ever increasing bad financial news that appears to worsen with each new day, I feel the fear of a renewed Israel, Palestinian conflict with all its ramifications of spreading to a full middle east conflict, is also increasing market fears.
The current sp, has little to do with lack of confidence in RKH, but plenty to do with lack of confidence in world problems, both financial and political.
There are only two things stopping me from putting more cash into RKH.

1 All my money is fully committed, in investments (mainly in RKH).

2 I expect the sp to drop even further , due to as said, lack of confidence in the market, not RKH, so if I had money to invest further, I would watch and wait.

Fear as they say, is self feeding and in the present climate, that feeding is becoming a frenzy.

Total investing, no matter how bad things get will never fully cease and people will always be looking for somewhere to put their money.

When (small if) the oil figures are proven, I feel Rockhopper will be looked at as one of the few investments that will look to show god returns.
After all oil is always a commodity in both peaceful and none peaceful times.

markymar - 22 Sep 2011 14:26 - 5294 of 6294

Footsie plummets as bid talk fails to raise interest
Toby Green
22 Sep 2011

http://www.thisislondon.co.uk/markets/article-23989851-footsie-plummets-as-bid-talk-fails-to-raise-interest.do

As traders were hit by a bloodbath on the market, even the prospect of takeover activity among the small-cap energy groups failed to prompt risers.

Rockhopper, the only explorer to have found black gold in the Falkland Islands, dropped 6.75p to 202.25p, despite City voices saying the AIM-listed company looked well set to attract bid interest.

Claiming the gulf between the performance of the sector and the price of oil had "become extreme", scribblers from Goldman Sachs said that as a result the industry giants were likely to be tempted to make a play for some of the smaller names.

They were particularly positive on groups which could attract the attention of national oil companies (NOCs), noting that historically they have made acquisitions "at significantly higher prices".

The analysts picked out Rockhopper as one of the most attractive to NOCs, thanks in part to the absence of a blocking shareholder and its large assets.

Among the other names they highlighted was Bowleven, although the African-focused explorer was also weaker, down 3.25p to 105.25p.

markymar - 23 Sep 2011 10:01 - 5295 of 6294

Ocean Guardian is in position.

machoman - 23 Sep 2011 14:08 - 5296 of 6294

KEEP an EYE

RKH 186.75p

Had a good marked down lately and also today, has come to the point of retracement being done @ 185p, with 61.8%, High of 264.75p low 135.50p

p.php?pid=chartscreenshot&u=%2BkYsCDxE52Chart.aspx?Provider=Intra&Main=MainArea&

mnamreh - 23 Sep 2011 14:09 - 5297 of 6294

.

machoman - 23 Sep 2011 15:16 - 5298 of 6294

FT-Goldman Sachs,Takeover/Buy List
September 22, 2011 8:14 pm

Small caps: oil explorers ripe for predators
By Steve Lodge and Bryce Elder

Oil explorers were in focus on Thursday after Goldman Sachs argued that the sector was trading at levels that were likely to attract predators.

The dislocation between the long-dated crude price and E&P [exploration and production] equities has become extreme and is now at levels comparable with early 2009, Goldman told clients. We believe this dislocation represents an opportunity for well funded larger players that are struggling to grow to make acquisitions and that this activity could re-rate the E&P sector.

Names on Goldmans list of potential targets included Falklands explorer Rockhopper Exploration , down 6.8 per cent to 194.9p, Chinas Green Dragon Gas , off 5.9 per cent to 7.9p, and Albania-focused Bankers Petroleum , which fell 8.8 per cent to 260p.

Goldman also argued that valuations had been depressed by market concerns over explorers access to funding.
Although we recognise that many companies will require additional funding to develop assets or extend exploration programmes, we believe that, in general, the sector is funded for significant catalysts in the short term, it said.
Goldman also added Gulf Keystone Petroleum and Tower Resources to its buy list as part of the review, while adding Desire Petroleum and Hardy Oil & Gas to its sell list. But Gulf Keysone was off 5 per cent to 151p, Tower lost 1.7 per cent to 4p, Desire retreated 5.3 per cent to 18p and Hardy was 1.7 per cent weaker at 198.4p in a generally torrid session for natural resource companies.

Small caps: oil explorers ripe for predators

machoman - 23 Sep 2011 15:53 - 5299 of 6294

another push and at yesterday's closing price now 194p

HARRYCAT - 23 Sep 2011 16:01 - 5300 of 6294

mnamreh, in answer to your post #5297, yes he is. There is only one person who spells liar 'Lier'. Duh! ;o)

Proselenes - 23 Sep 2011 16:04 - 5301 of 6294

Probably (and deservedly) got banned.

If the MoneyAM mods are reading this and they did ban MasterRSI then please do the same with machoman if it is a return of a banned poster (check the IP address etc...)

mnamreh - 23 Sep 2011 16:05 - 5302 of 6294

.

skinny - 23 Sep 2011 16:08 - 5303 of 6294

Apparently - I am one :-)

HARRYCAT - 26 Sep 2011 08:16 - 5304 of 6294

14/10-8 Well Spud

Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that the 14/10-8 exploration well (the "Well") was spudded at 03:45hrs BST on 25 September 2011.

The Well is situated on Licence PL032, which is 100% owned and operated by Rockhopper, and is located approximately 4.1km to the south-south-east of the 14/10-2 discovery well, outside of the Sea Lion Discovery Area.

This well is designed to investigate reservoir and hydrocarbon presence within the Sea Lion Main Complex in an area of relatively low amplitudes and is also an exploration well on both the Casper and Kermit oil prospects.

Drilling operations are expected to take approximately 28 days and a further announcement will be made once drilling is completed.

Ocean Guardian drilling rig
The Company is in discussions with Diamond Offshore, owners of the Ocean Guardian drilling rig, with regards to the assignment of a further drilling slot to which the Company would be required to commit prior to the spudding of well 14/10-9.

cynic - 26 Sep 2011 08:29 - 5305 of 6294

i.e. nothing expected to be found here

markymar - 26 Sep 2011 10:39 - 5306 of 6294

This well is designed to investigate reservoir and hydrocarbon presence within the Sea Lion Main Complex in an area of relatively low amplitudes and is also an exploration well on both the Casper and Kermit oil prospects,

http://oilbarrel.com/media/pub/var/release_downloadable_file/32864.pdf

We Believe Rockhoppers Estimates are Conservative
On 2 June 2010, RPS (a third party engineering consultancy) assumed a P50 areal estimate for SL10 and SL20 of 27km2. Rockhopper's current mid case estimate is 68 km2, a 150% increase from the RPS estimate.
In its June 2010 report, RPS estimated a best estimate oil in place of 717Mb, using probabilistic techniques. We have applied their input data into a simple deterministic (non-statistical) model which suggests that deterministically the mid case estimate of oil in place would be circa 674Mb.
Using the 674Mb as a starting point and increasing it by 150% gives 1,685Mb of oil in place. This is substantially higher than Rockhopper's current mid case estimate of oil in place of 1,086Mb.
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