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.

Like the one that he sold out at 300p

Credit Suisse not the only pushing RKH today, also being given a push by Merchant Securities and NO I AM NOT INTERESTED avsec.


http://www.proactiveinvestors.co.uk/companies/news/37549/credit-suisse-bullish-on-falklands-oil-firm-rockhopper-exploration-37549.html

..........Merchant Securities also named Rockhopper as one of its ‘Twelve Top Picks for 2012’ today.

Analyst Brendan Long believes the shares will rise because of ‘value recognition’ rather than the kind of drilling success seen in 2011.

Long says a new competent persons report at the end of March will increase reserves and in turn crystallise the firm’s recent operational successes......


.

Avsec : US and UK, (WTI and Brent) both up !.

I guess Pro has bought in now that he is ramping this again.

Great end to the day.....300p or more on the cards....

300p is about my break even on those

Me too...a little less....and I think this has some legs in it...350p...perhaps ?...

300p would take it back to where I sold, however most of that money is in GKP and from well below 150p levels, and given there are now strong rumours of a 14 pounds takeover offer for GKP about to be launched, I would prefer my money where it is, which is a lot of it in GKP :)

2 brokers actively promoting the stock yesterday, which means buying should dry up early next week and profit takers move in, pushing it back down again.

Pro u do tell porkies......
Proselenes - 04 Aug 2011 02:23 - 5 of 24
I decided to get some, as deals are due to be announced soon and drilling plans as well could soon come into view.

Given the potential I am pretty sure that as drilling gets near this will be at least double the present 140p price and so it represents an easy way to make money for those with a little bit of patience.

Last institutional fund raise was at 250p in April, so 140p seems like a good price to buy in for me.

Now £104p

FOGL you have just broken even with so you not doing that well are you.

Last time RKH was 300p was 9/2/11. Interesting then that Pro was 'all in' on 21 Feb but managed to sell at 300p.

Says it all.

I sold at 500p , but only a small % of my holding

I wish Prosels would stop the ramping.....yuck.....£14 for GKP....remember when he or she was deramping it.......

I see Rockhopper are presenting tomorrow at the Macquarie Oil & Gas Explorers Conference and again on Tuesday at the Morgan Stanley E&P Conference. They should have some updated figures to show i would think.

http://www.macquarie.com/dafiles/Internet/mgl/msg/iConference/documents/Europe/ExplorersAgenda.pdf

End of Drilling Campaign
Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that the Ocean Guardian drilling unit has been towed successfully from the 14/15-4 well location and is now off hire to Rockhopper.

14/15-4 was the final well in Rockhopper's first North Falkland Basin drilling campaign, which has lasted from 16 April 2010 to 8 January 2012.

The Company estimates that it will have over USD $100 million of cash resources available once all charges for completing the drilling campaign have been accounted for.



Sam Moody, Chief Executive, commented,
"This marks the end of what has been a highly successful and safe drilling campaign. We have operated ten wells, conducted two Drill Stem Tests, two short offset sidetracks and collected in excess of 450m of core with the Ocean Guardian on hire to us for a total of 397 days. I would like to thank the entire Rockhopper team and our contractors for their efforts which have resulted in seven successful wells of our ten drilled, with three oil discoveries, three gas discoveries, multiple successful Sea Lion appraisal wells and a successful appraisal well on Casper."

Took my profit today as there won't be any news now for a while, expect sp to drop a bit now.,.

Hi Balerboy,

You may well be right, but with the road show starting today and my thoughts on post 5647, I feel it is too risky to be out of RKH, at least for more than a couple of days.
Still a bird or profit in the hand etc, can never be a bad thing.
It may just be your braver than I am.

regards Greek.

Reserves upgrade still to come....

The news to come may well keep the sp where it is but personally can't see why it should increase much more. My thoughts only gla.,.

Farming in rns perhaps ?...

not exactly the most exciting of rns! would expect some sp reverse now especially with the argies on a war footing - this time uk does not have any chance of assembling a real task force should something happen - argie planes are out dated but currently only 4 typhoons in theatre - can be reinforced but only for a short period - other s.a. countries aligning with the argies US dont want to know this time right now - and any ship with falklands as its destination will not be welcomed at most s.a. countries - time to sell and buy back later perhaps - definitely reduce risk imo

upgrades to come but infrastructure costs to get this stuff very high, threat of war, etc

farm outs is a maybe but not that near term right now

gla