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.

RKH development presentation on the link below.


http://dl.dropbox.com/u/79641189/Andy%20Morrison%20-%20Rockhopper.pdf

http://sartma.com/art_9784.html

Falklands : SUCCESSFUL FALKLANDS VISIT TO SCOTLAND
Submitted by Falkland Islands News Network (Juanita Brock) 19.05.2012 (Current Article)
The Falkland Islands Chamber of Commerce undertook an extremely successful trade mission to Aberdeen and the Shetland Islands between 8th and 12th May.




SUCCESSFUL FALKLANDS VISIT TO SCOTLAND

Ahh shades of Macbeth bubble bubble.......

http://www.proactiveinvestors.co.uk/columns/guardian-cfd-s-newspaper-briefing/9490/newspaper-briefing-including-jpmorgan-offers-warning-for-ringfencing-financial-times-9490.html

Rockhopper Exploration: Chased 7p higher to 288½p, after speculation re-surfaced that it may be close to securing the $2 billion (£1.3 billion) it needs to develop its Sea Lion discovery, an estimated 500 million barrels lying about 200 kilometres off the Falklands.

Could explain the rise today

http://www.thesun.co.uk/sol/homepage/news/money/4345879/Britains-builders-hit-by-staggering-2500-rise-on-waste-tax.html

Islands ‘oil deal’


THE most successful Falklands oil explorer so far is on the verge of a bumper deal, it was claimed last night.

ROCKHOPPER EXPLORATION was reportedly close to securing a partner to invest £1billion in developing its discovery.

Rockhopper refused to comment, and experts pointed out that previous Falklands rumours have been wildly wrong.

But one source said: “We hear Rockhopper approached the Falkland government yesterday to get their approval.”

Rockhopper is sitting on at least 355 million barrels of oil about 60 miles north of the islands. An independent report has declared it to be commercially viable. Shares closed up 9p at 297.50.

if that is so, i wonder what is the prognosis for sp ..... will it surge on the news, or will it be sell on same - currently 313?

There is volume there today,if there is a deal going down then Desire have to be sitting round the table at some point.

Desire market cap is only at 81 million and falling which I would have thought is possible it could double to treble if a deal goes a head considering what oil they hold.

not talking about DES, which i have no wish to hold!

I shall hang my head in shame and stand in the corner of the room with a big white hat on saying "dreamer"

DES have not flowed anything at all.....so how can they be in a deal with RKH ?.....RKH might rise on a deal....and DES could slump to 15p or so....

RF .....i think you need to read Desires CPR.

Desire have 4% of oil in sea lion field

Casper, Casper south, Beverley all hit hydrocarbons and need to be apprised to work out what they hold size wise also some gas in there as well.

http://www.desireplc.co.uk/investor_relations_announcements.php?article_id=237

Perhaps but you can't expect a company (big boy) to put up hundreds of millions for development without having anything flow tested like Rockhopper have with Sealion......we only know from the rns's what is going on.....so RKH might have to go it alone to start off with and then later on DES will participate somehow.....I cannot see how they can be involved in something definitive with so little known about those prospects yet.....I'm a big fan (sorry about the pun)....of the "Foilkies" including Argos who might have something big in their acreage (long way off development) but everytime I read about Desire Petroleum having oil : the percentages change !!!....to me the ones to be in are : RKH as a longterm investment....FOGL as hot..hot...hot...and a punt on BOR....ARG on the backburner and DES....not really at the moment unless there is new news about them joining in with Rockhopper.

RF.....get up to speed

Sea Lion went in to Desire block where a deal was done hence it got drilled with RKH paying all costs to drill an appraisal well in Desire acreage .

See RKH CPR

http://www.rockhopperexploration.co.uk/pdf/CPR_FINAL.pdf

Sea lion has been flow tested and had an full apprasial done on its own acreage as well...pardon the pun... as in Desires acreage.

Desire have 4% of oil in sea lion field.

DES CPR

http://www.desireplc.co.uk/pdfs/2012/Desire_April_2012_CPR_Final.pdf

30-90mmbs of oil found depending which CPR you read as they are both diffrent but either way Desire has oil also plenty of gas.

http://www.moneyam.com/action/news/showArticle?id=4379864

Rockhopper Exploration plc

("Rockhopper," the "Company" or the "Group")



Final Results for the Year Ended 31 March 2012

Rockhopper's trimmed losses miss forecasts
By Benjamin Chiou

Thu 31 May 2012

RKH - Rockhopper Exploration

Latest Prices
Name Price %
Rockhopper Exploration 303.00p -0.08%

FTSE AIM 100 3,139 +0.63%
FTSE AIM 50 2,937 +0.85%
FTSE AIM All-Share 694 +0.40%
Oil & Gas Producers 7,564 +0.90%

LONDON (SHARECAST) - North Falkland Basin oil and gas group Rockhopper Exploration saw losses shrink in the year ended March 31st as impairment charges more than halved.

The firm, which is yet to generate any revenues as it ramps up operations, said that its pre-tax loss for the period improved from $87.2m to $53.8m, as the impairment charge dropped from $68.1m to $26.4m. However, the consensus estimate was for a loss of $29.6m.

The loss per share fell from 40.58 cents last year to 19.92 cents, but came in short of the 12.53 cents loss per share expected by analysts.

During the year, the company completed the appraisal campaign of the Sea Lion field and made four more "significant" discoveries on our operated acreage. "The aim of the appraisal drilling has been to narrow the potential range of the estimated field size and the volumes of recoverable oil contained within it. To this end we drilled a further six wells, one of which was flow tested, and continued to build our understanding of all of the data collected," said Chairman Pierre Jungels.

A recent report undertaken by a petroleum consultancy rated the change of the Sea Lion development going ahead as designed at a 90% probability "which is high", Jungels said. The study calculated the risked post tax net present values, at a 10% discount rate, of the 2C cash flows as being $3.5bn for the Sea Lion field plus an additional $0.6bn for the satellites.

Jungels assured that Sea Lion is a commercial field and a "play opener" for the North Falkland Basin. "In addition, recent 3D seismic and further interpretation of the older 3D indicates that the exploration potential of the basin is significant and I have no doubts that more discoveries will be made," he said.

The best estimate in place for Sea Lion alone is 1.3bn barrels of oil.

Going up like a train!

Must be some rumours out there......?

Hi Avsec,

There is, mainly on threads like these though.
It does look like one of those up 5% one day, down 5% the next sort of moves, although it surely can't be much longer before we see a rise that is backed up by news of either a farm-in or buy out.
Mind you, there are a few posters on other sites spouting nonsense such at it being up to 2 years before Rockhopper get any sort of deal, if at all.
What gets me is the fact that some people actually get into a discussion with these posters, when it is obvious that they don't even believe their own tripe and are posting purely to wind people up.

Greek (hoping soon to be richer than the country).

Greek
There are sciolists everywhere! I suppose that they state things so often that they end up believing they are right; there seems to be more on III than here!
You are right with the cyclical movement - faster than a whore's drawers but overall the facts remain:
RKH have oil in commercial quantities in their own right
RKH have interests in other finds.
They remain an exploration company and will now have to use their skills to 'land' a partner to take this on to the next phase.

I suppose that a lot relies upon the whole FI oil industry in order for RKH to take advantage of quantity of scale - that is why I hope that the South F. Basin also prove commercially viable.
As to your signature block - you probably already are!

Hi Avsec,

Agree re iii and your other comments.

There is a petition doing the rounds to stop the UK giving any further loans to Argentina, (yes, believe it or not we still are).
To sign this petition go to http://epetitions.direct.gov.uk/petitions/34551