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.

rf - really - didnt paste anymore as thought you would already know what it said but it is relevant - here you are:

'“The potential return of US players to the area - Hess exited in 1998 - could significantly reduce the perceived political risk around the Islands,” said Bank of America Merrill Lynch analysts about Rockhopper, noting that Britain's Cairn Energy (CNE.L), Premier Oil (PMO.L), and U.S.-based firm Noble Energy (NBL.N) are reported to be interested in the assets.

Oriel Securities analysts said they believed “significant upside” could be generated for Rockhopper through a deal with a partner'

News getting out slowly of these meetings in the FI......this will blow soon also Desire.....watch this space

ARG also been on the move upwards recently.

Yes, now that I'm not in it !.

Ah, so if you wouldn't mind informing us of when you are selling up, that should help us all to prosper! ;o)

Euhhh...it works like this : I buy high...and sell low at a loss...

arg maybe worth a look then? lol

At least your honest rf. lol.,.

Rf are you still holding Desire?

Not sure why ARG has gained so much.

No.....RKH is the main one and some holdings in BOR and FOGL......FPM is looking rather exciting as well......(Norway and Shetlands).

I think Desire could be the dark horse here, RF another one we both like is PVR

Jan. 18 (Bloomberg) -- U.K. Prime Minister David Cameron said the claim by Argentina to the Falkland Islands is “like colonialism” and pledged to keep the islands’ defenses
secure. “What the Argentinians are saying is far more like colonialism because these people want to remain British and the Argentinians want them to do something different,” Cameron told lawmakers in the House of Commons in London today. “The future of the Falkland Islands is a matter for the Falkland Islanders,” he said, “I’m determined we should make sure our defenses and everything else are in order.”

Waiting for the rns for PVR....crucial......could rocket up....

Big wigs fly in to FI tomorrow.............

I try not to ramp to much but there are lots of people arriving in the FI...I try be true to thread pull me if wrong.



I am receiving more information tonight to what is going on in the FI tonight, lots of rumours to which oil companies and corporate intuitions which may get involved….it’s looking exciting I still can’t find out agenda it’s all hush hush.
I Have just watched the news with David Cameron on about the Falkland’s and the penny has dropped oil companies around the world are being assured at the highest level both privately and publicly that there are no doubts about the sovereignty of the Falkland Islands and that no political risks at all, hence William Hague in Brazil.
“Cameron told MPs that he convened the NSC meeting on the Falklands to ensure "our defences and everything else are in order".

There is a rabbit off here big time…a deal is going down its going to be thrashed in the FI …no walking away.
Am sure the papers will pick up on this soon, good luck all.

http://www.bloomberg.com/news/2012-01-19/britain-s-oil-grab-in-falkland-islands-seen-tripling-u-k-reserves-energy.html


Britain’s Oil Grab in Falkland Islands Seen Tripling U.K. Reserves: Energy

By Brian Swint - Jan 19, 2012 7:01 AM GMT+0700 .

Thirty years after Margaret Thatcher fought a 74-day war with Argentina over the Falkland Islands, the prospect of an oil boom is reviving tensions.

Oil explorers are targeting 8.3 billion barrels in the waters around the islands this year, three times the U.K.’s reserves. Borders & Southern Plc will drill the Stebbing prospect next month, one of three Falkland wells that Morgan Stanley ranks among the world’s top 15 offshore prospects this year. Meanwhile, Rockhopper Exploration Plc (RKH) is seeking $2 billion from a larger oil company to develop the Sea Lion field, the islands’ first economically viable oil find.

“The area is underexplored and highly prospective,” said New York-based Morgan Stanley analyst Evan Calio. “These could be like the high-impact wells in Ghana and Brazil a few years ago that opened up a whole host of basins.”

A major drilling success will further raise the political temperature as Argentina maintains its claim over the U.K’s South Atlantic territory, 300 miles (483 kilometers) from the Latin American coast. President Cristina Kirchner said Britain is taking her country’s resources, while Thatcher’s successor David Cameron yesterday accused Argentina of a “colonial” attitude that didn’t account for islanders’ rights.

The world’s largest oil companies like Exxon Mobil Corp. and Royal Dutch Shell Plc face a dilemma: whether the potential of a virgin basin outweigh the risk of a worsening international dispute. While producers with interests in Argentina, such as BP Plc, may be put off, others will want to participate, said Tim Bushell, chief executive officer of Falkland Oil & Gas Plc, who’s looking for drilling partners.

‘Sabre Rattling’

“Big oil companies are used to dealing with political risk, and bigger ones than some sabre rattling by Argentina,” Bushell said in a telephone interview, who decline to name the companies he’s talking to. “For every BP, there are other major companies that don’t have an interest in Argentina.”

The Falkland Island government, which manages the territory’s mineral rights for the 2,955 islanders, says the big producers are interested and talking to the companies already active in the region. Of the five U.K.-based explorers that have drilled or plan wells, the largest, Rockhopper, has a market value of 899 million pounds ($1.4 billion).

“The Falklands is at a stage where a big company can take a large share in what could be a big oil province,” said Stephen Luxton, the Falkland Islands’ director of mineral resources. “There is an active program of marketing by the companies here. There are discussions going on, though we can’t name names.”

Patagonian Squid

Falkland Oil & Gas plans to drill the Loligo prospect later this year, a well targeting 4.7 billion barrels of oil. Named after a Patagonian squid, it’s the second-most prospective well planned worldwide this year after one in Namibia, according to Morgan Stanley. The company’s Darwin prospect will follow and ranks sixth on the U.S. bank’s list.

Borders & Southern will start drilling the Darwin prospect by the end of January, which seismic surveys suggest may hold as much as 760 million barrels of oil and 3 trillion cubic feet of gas. Stebbing, the target of the company’s second well, may hold as much as 1.2 billion barrels.

Together, the four wells planned for the Falklands this year are searching for about 8.3 billion barrels of oil. The Jubilee field, which was discovered in 2007 and propelled Ghana into one of the world’s top 50 oil states, holds 370 million barrels of reserves. Brazil’s Lula field, drilled in 2006, holds an estimated 6.5 billion barrels of oil equivalent.

‘New Province’

“There could be significant volumes down there and it would open up a new hydrocarbon province,” Borders & Southern CEO Howard Obee, said in an interview. If our first two wells are successful, “we’d like to do a big drilling program, not only to appraise what we’d find but also drill up additional prospects. To do that, we’d need quite a bit of money.”

While the company will probably be able to sell more shares to determine the size of a discovery in this campaign, it may have to sell stakes in prospects to develop them, said Tracy Mackenzie, an analyst at broker Brewin Dolphin in Edinburgh. Borders & Southern holds a 100 percent interest in its fields.

Rockhopper says its Sea Lion discovery, made in 2010 and which may have more than 400 million barrels of recoverable oil, is commercial and will be developed. Chairman Pierre Jungels said last month that the company is showing drilling to potential partners. The company this month ended a 10-well campaign that lasted two years. It has $100 million in cash after raising 46.5 million pounds ($72 million) in a share placing in October.

Floating Production

That’s just a fraction of the $2 billion the company reckons it will need to get the oil to market. Developers will have to build a floating production and storage unit to load the crude on to tankers. Cairn Energy Plc, Premier Oil Plc and Noble Corp. may be interested in investing, Bank of America Corp. analyst Alejandro Demichelis wrote in a Jan. 16 note.

Spokesmen for BP, Shell, Premier and Cairn declined to comment on whether they’re interested in investing in the Falklands. Exxon and Noble Energy didn’t respond to e-mailed requests for comment.

All the supplies will probably have to come from Europe, about 8,000 miles away. The Falklands consist of two large islands and more than 700 smaller ones, home to the colorful penguins that give Rockhopper its name.

Argentina’s Invasion

Argentina maintains that its sovereignty over the Islands was interrupted in 1833, when British forces occupied the Malvinas Islands, expelling the Argentine population, an act to which the people and government of Argentina never consented. Thatcher sent a task force to retake the islands after Argentina’s military dictatorship invaded the territory on April 2, 1982.

Earlier drilling campaigns show the risk of failure in unproven oil provinces. Shell drilled on the northern side of the islands in the 1990s and found traces of oil before abandoning the prospect in 1998 as crude prices fell to around $10 a barrel. Interest in the region revived as oil prices rose higher than $100 a barrel, though Shell had disposed of its acreage.

Desire Petroleum Plc (DES), which has licenses adjacent to Rockhopper’s, drilled six dry wells in a failed campaign that ended in April. Argos Resources Plc, which also holds licenses in the region, decided not to use a rig after Rockhopper because it couldn’t raise enough money.

The global financial crisis has made it harder for oil explorers to borrow from banks and kept a lid on the amount companies can raise on the market. The oil and gas index of London’s Alternative Investment Market, where all five Falkland explorers are listed, fell 35 percent last year.

That leaves larger companies as the most likely sponsors in the region, and the government said some of them are already involved in talks.

“The majors are always going to be interested when a new basins come on the map,” Morgan Stanley’s Calio said.

To contact the reporter on this story: Brian Swint in London at bswint@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

If nothing else this is making my FKL climb, not far to break even.,.

http://www.thesun.co.uk/sol/homepage/news/money/4073194/Warren-Buffett-tucks-in-with-520m-of-Tescos-shares.html

ONE of the biggest oil companies in the world is eyeing the Falklands.

Officials from American giant ANADARKO flew to Port Stanley for talks with ROCKHOPPER, the UK company sitting on an estimated 500million barrels of oil in the South Atlantic.

They met Rockhopper exploration chief Dave Bodecott yesterday.

A source said: "The Anadarko private jet flew in on Wednesday night."

Rockhopper hopes to team up with a big gun to develop its Sea Lion oil field.

I dont have any RKH but things may start to happen soon with luck marky

http://en.mercopress.com/2012/01/20/falklands-vessels-can-re-flag-and-operate-in-mercosur-ports-says-hague

Falklands vessels can re-flag and operate in Mercosur ports, says Hague
Ships from the Falkland Islands that are barred from ports in Argentina and other Mercosur trade bloc countries can re-flag as British ships at any time to avoid the ban, British Foreign Secretary William Hague told reporters in Rio de Janeiro on Thursday.


Hope so Smiler....double the buys than sells so hoping for a bounce......off down my mine for a while feed them donkeys....clip clop clip clop

http://www.thisismoney.co.uk/money/markets/article-2089475/SMALL-CAP-MOVERS-Falklands-oil-gas-industry-grabs-spotlight.html?ito=feeds-newsxml

SMALL CAP MOVERS: Falklands' oil and gas industry grabs the spotlightBy Jamie Ashcroft, Proactive Investors

Last updated at 2:35 PM on 20th January 2012


Read more: http://www.thisismoney.co.uk/money/markets/article-2089475/SMALL-CAP-MOVERS-Falklands-oil-gas-industry-grabs-spotlight.html#ixzz1k0meissU

It was reported that as many as eight firms may compete to get a stake in Rockhopper’s Sea Lion oilfield development.