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.

required field,

I wish i had just sold half like i usually do, and let the other run for a few more days.

Ditto....why did I not do that as well ?....still kicking myself...probably all year....

More news in a week to ten days perhaps.


http://www.ukcitymedia.co.uk/news/fullstory.php?id=313

Meanwhile, offshore the Falklands at Rockhopper Exploration Ocean Guardian rig, test samples from recent drillings have shown to be oil, suggested a good quality crude oil reservoir. The Wireline testing of 14/10-2 well on the Sea Lion prospect in the North Falkland Basin also indicated a possibility of two separate oil columns with a suggestion of no oil water contacts or water sands.

Rockhopper managing director Samuel Moody commented We will now wait for confirmation of the quality of the fluid as a result of the laboratory analysis, and continue our review of the data gathered from the well." The company is now to suspend the well pending further testing and intends to make a further announcement which could be within a week to ten days.

blueface, my 'with profits' pension scheme is with Equitable Life (not yet at retirement age), so am sitting on a worthless pot which is going nowhere! Count yourself lucky you have a decent pension!
Thank goodness for RKH!

Ah excellent, P. 5 in ten days then?

required field,

Some as me , only telext and stuck at work all day. i was holding GEC when they were over 12 a share and sold at 40p, also Balt tec

Back in...as a further rise is possible....I'm lucky to have a sipp....but oh do I regret that sale on friday....

This could possibly go to 600p.

It won't...be prepared for he pullback sooner or later...this is still all in the air....

mitzy, with a good flow test and confirmation of size......

170M barrels and it will go to 600p

340M barrels and it will go to 1200p


Sit back and enjoy the ride here...... all the data says it will flow....... excellent permeability and pressure.

No testing...they will come back later....that's the problem.....it will peak and then profit taking will kick in...Proselenes...you are better at this game than I am but take some profit at some stage .....

I think they might delay Ernest spud and come back after FOGL's drill to test Sea Lion.

Lets see what the next update says.

Churn the data, do the lab work, work everything out in the next few weeks, then get the rig back to test Sea Lion ahead of Ernest spud..... could well be.

Flow test + data = big big rise potential

no one has yet seen fit to tell me where ernest is located .... would be much obliged!

Time to take some profit, nice 10bagger! still hold 25% and DES though.

rob the rides just started

Its the only game in town right now.

Hi Cynic,

According to the RockHopper website, Ernest is located approx 59w 50s, and although not shown on the map above would be just west of the fields shown as Dawn and Jacinta belonging to Desire Petroleum.

On website is a 90 page Competent Person's Report on Rockhopper. Huge document dated April 09. Very interesting; albeit possibly out of date based on latest findings. documenthttp://www.rockhopperexploration.co.uk/pdf/RPS_Rockhopper_CPR.pdf

Cynic, further to my earlier post - I meant east of the field, not west. Caught up in the exitement of today, don't know which direction to look!

From E.K. today:
"Rockhopper (RKH) gilded the lily with more good news on Friday afternoon and yet again today and, given the way the punters were getting stuck in, the price seems set to go much higher. However, I have sold out at 190p - for the time being."

many thanks Mr T .... so arguably southern basin then!