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.

"I'll be back" is the winner!

S.American group rejects UK oil exploration in Falklands,Reuters March 18, 2012,
http://www.precogz.com/home/

Offshore oil a 'game-changer' for Falkland Islands,March 17th, 2012 11:59 PM
http://www.precogz.com/home/

Look : if you want to advertise a website you pay for the advertising, we don't need reminders every 10mn !.

http://www.adn.com/2012/03/17/2377222/offshore-oil-a-game-changer-for.html?__utma=159696636.350796350.1332076882.1332076882.1332076882.1&__utmb=159696636.2.10.1332076882&__utmc=159696636&__utmx=-&__utmz=159696636.1332076882.1.1.utmcsr=(direct)|utmccn=(direct)|utmcmd=(none)&__utmv=-&__utmk=9268597

lond link.......

THE TIMES-Sunday tip round-up: Sunday 18 Mar 2012
Gulf Keystone Petroleum, Rockhopper Exploration, Tesco, Vodafone Group, Glaxosmithkline, Bp, Rio Tinto, Unilever
http://www.precogz.com/home/

I have just written to the Moderators about PRECOGZ - they're becoming a real PITA

I suggest that you all send an email to support@moneyam.com asking them to site ban PRECOGZ.

Not a happy chappy this morning as I see that Worldspreads is in "Special Administration" and I have been using them to trade RKH and other shares. I need to do a lot of digging now to find out where I stand and how much of my money I shall get returned, I was £6K up on RKH but I don't expect any of that to be returned.
What a way to start a Monday!
TT

Bad luck TT. Not looking too good there.
"LONDON (SHARECAST) - Spread betting firm WorldSpreads has called in the administrators after admitting that it has uncovered potential financial irregularities in its accounts.

Trading in the company's shares was suspended on Friday as the company announced an investigation into its financial position.

As a result of further investigation, the board of directors believe that as at close of business on Friday, 16th March 2012 there was a shortfall of client money at WorldSpreads Limited of some £13m and that gross amounts owed to clients are in the region of £29.7m, whereas the total cash balances available to the company are around £16.6m."

Crikey......looks like fraud....some real blinkin' crooks out there.....I've never heard of that company but not looking good...

sorry to hear that TT, hard enough making the dosh let alone lose by other means.,.

Just been reading all of the info and I am probably covered by the following from the FT:

The first £50,000 of each account is protected under the Financial Services Compensation Scheme, but clients owed larger sums – a group likely to include some other spread betting companies – may not receive the full value of their accounts.

I'm not wealthy enough (or stupid enough!) to have invested more than £50K with them and so I should get my money back. Will that include my profits? Who knows and I'll have to wait. What a bummer and now I'll have to look around for someone else to S/B with when my money comes back.
Of course, what happens when RKH are taken over and the price rockets to £10/share while Worldspreads are in Administration? I lose of course!!!!
TT

Sorry to hear that TT,fingers crossed you get your money back.

Just been reading up on Argos results then in the chairmen’s notes I came across RKH mid case numbers of sea lion which have grown by about 400 million barrels if I am correct which makes it F**king huge minus the 40% means about 800 million barrels.

In the adjacent acreage to the east a successful nine well appraisal drilling campaign on the Sea Lion discovery was completed by the end of 2011, with the operator reporting a mid-case oil in place of 1,297 million barrels. The operator has stated that the field is commercial and will be developed. In addition the last two appraisal wells made further discoveries of oil and gas in the Casper and South Casper prospects and a wet gas discovery in the Beverley prospect.


PS dont tell pro i he thinks Desire never hit oil in Casper or south casper.

So, this is either going to have a major investing a lot of money with a sort of farmin (as they say), 50/50...that sort of thing.....RKH retains 50% of income or it is going to bought outright : I reckon that the more likely scenario is the former because the latter will have to be at double the present sp because RKH are most likely to gain more acreage in the event of extra licenses being granted at some stage and would not want to relinquish everything that easily......so a £8 takeover or a surge just to £6 if a big boy decides to invest !.....other views welcome on my theories....might happen very soon as a few months have gone by since these rumours...

sounds a bit sour, but i'ld guess that the company that went belly up offered really cheap deals .... as they say, very often what looks cheap is expensive

ref page 291
my post nos 5812 and 5815
price starting to look short term toppy now. momentum hasnt yet carried it through to my target of 420sh. couple of gaps down below on both daily and weekly charts that may require filling before any new upward momentum can revert, may not of course.
please dyor to see levels
all just my opinion as always and do be careful.
dont be greedy.
regards and good luck
jkd
edit and addition as of today i retain my long term 420 target price but stop losses are recommended until those gaps are closed

Todays funny story!!!

http://en.mercopress.com/2012/03/25/argentina-begins-legal-actions-against-oil-companies-operating-in-the-falklands

Argentina begins legal actions against oil companies operating in the Falklands
The Argentine Government announced on Saturday it had begun the legal proceedings put together with the AFIP tax agency against five British oil companies, accusing them of “carrying out illegal operations” in the Falklands/Malvinas Islands

Has he not got anything better to comment on ?

http://www.huffingtonpost.co.uk/2012/03/28/falkland-islands-desmond-tutu-urges-uk-give-up-claim_n_1384540.html?ref=uk

Not many people know that his real name is Desmond one one , or Draw as he was known at school

.

Perhaps that's why the surname is two two.....