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.

There is no oil field in the world with the same difficulty of production or political situation as the FI field where oil is being left in the ground.
Whatever the cost to production, its the return on investment that matters, and if you believe as I do that the return on the Rockhopper fields will be a good investment to stake then stick with it.
I'm certain we will get that farm-in, although I would proffer a buy out of Sealion leaving RKH to continue as an explorer, not a producer.
As to being ramped for years, that depends how you look at it. While agreeing that figures have been ramped for years, if these field come to fruition that is what matters.

NOTE...........I remember people saying Google and Microsoft were being ramped!

greek as is Apple.

greek - hali is an even more miserable old fart than me

I agree re Apple, but who knows in a few months years.

tuesday will reveal whether or not AAPL is little more than a bubble stock

cynic you are so defensive of your favourites ....AAPL (tax avoidance issues)......TLW (two dry holes,no spaceships etc) bearing in mind your perceived old age isn't time you became more pragmatic?

AAPL - don't much care whether or not they avoid tax legally .... i'm sure you do or would too .... if i wanted to get into moral and ethical stocks, i'ld follow the age-old way of making a small fortune

TLW - one of the few consistently good performing stocks that i follow and trade

PRAGMATISM - isn't that much the same as living with actuality - e.g. keep following shares that rise, and at least trying to have the discipline to dump the "naughty boys" like perhaps i should have done with AAPL?

MISERABLE OLD FART - there must be a single word for that .... any ideas? ..... no, it's not the same as being a cynic :-)

Grumps(grumpy old men)

Never trust a fart, even more an old one.

LOL, how true.,.

Just been having a little read up on http://en.mercopress.com/current-edition?things do seem to be getting very nasty, indeed on the political side of things with Argentina upsetting its neighbours, been British it now time to get a stick and poke it in that hornets’ nest.
She has pressed the self destruction button on a bankrupt country……going to end in tears.

http://www.proactiveinvestors.co.uk/columns/broker-spotlight/9095/broker-round-up-part-1-barclays-arm-holdings-wh-smith-hays-and-rockhopper-9095.html

Credit Suisse said the revised competent person’s report makes oil and gas explorer Rockhopper Exploration’s (LON:RKH) Sea Lion discovery more attractive for a potential farm-in partner.

The Swiss broker raised its target price for the stock to 531 pence from 408 pence for the Falklands-focused company, while retaining its ‘outperform’ recommendation on the back of the report, which valued the discoveries at US$4.1 billion.

A successful farm-out of the Sea Lion discovery could be the major catalyst for the share price, providing a potential upside of 218 pence per share.

Shares were down 3.06 per cent this morning at 341 pence.

Don't want to breach copyright, so I have posted a link.

See the sections by a DavidS. A very good article which assisted me greatly in understanding Condensate Gas.
He appears to know what he is on about!

http://forums.randi.org/showthread.php?t=103085

A very useful and informative link Greek!

Very many thanks.

held up reasonably well here today considering bor

Yep!

I think that this will continue to quietly simmer away whilst the few people involved cross the 't's and dot the 'i's. I'm sure a farm-in partner is being courted!

It has to be remembered that it is a commercial find in its own right - but there would be a huge upside from sharing the supporting infrastructure of an emerging oil industry if there were additional finds of oil and not just gas.

I have been in 'long' and intend to remain so for some time to come!

Talk about shooting yourself in the leg.

http://en.mercopress.com/2012/04/26/ypf-seizure-has-sent-shockwaves-globally-argentina-will-suffer-consequences

YPF seizure has sent “shockwaves” globally; Argentina will “suffer consequences”
European Trade Commissioner Karel De Gucht said Argentina is in for long term consequences after sending “shockwaves” internationally with the announced plans to expropriate 51% of YPF shares owned by Spain-based Repsol oil and gas company.

The true value of oil in the ground.

Often we read posts regarding oil production and demand.
Lately I have seen a few posts that have quired the value of the FI oil field against the back drop of an oil price that has started to slid.
An article in todays Telegraph shows the true value of oil, especially new or/and potential discoveries.

Lower production in the first quarter of this year at Exxon Mobile the worlds biggest energy company lead to lower profits of 11%.
Exxon are working on several fields to drive up production over the next 3 to 4 years, which is within the time frame of planned production of Sealion.
I appreciate that Exxon and Rockhopper have not been mentioned in the same breath, and I am not trying to connect the two in any way.
What this does show, is that even with a so called well published glut of oil due to lower world demand planning for production is never judged on today, tomorrow or even next year.
Planning has to be very forward looking, so when companies look at fields such as those discovered by Rockhopper, they don't give a damn about the current price of oil, its what it will be in 2 to 3 plus years that accounts for any future valuation.

So from one of the biggest players all the way down to the minnows, its discoveries that they need.
Discoveries are the lifeline of such companies, and anyone who still feels that Rockhopper will struggle to sell the company or to find a farm in partner just don't understand these issues.
That is why I feel that there are either several potential partners, prospective buyers still vying for Rockhoppers fields or of it is down to just one then hard negotiations are still ongoing.
No mater which avenue Rockhoper are heading down, the future prospects for the company and its investors looks very promising.
Despite the ups an downs of the oil price, oil will be king for many years yet!

greek - telegraph proper or some related BB? ..... anyhow, an interesting and sensible view

Hi Cynic,

Thanks and it was the Telegraph proper.