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.

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 Very interesting; albeit possibly out of date based on latest findings.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!

rf
please dont take it personally or let it upset your equilibrium. it dont matter.we all of us make mistakes and get things wrong and i should know.it really dont matter.its early days yet.more important things in life,think about it.
regards and good luck to you
jkd

jkd

I think my point was that many call a stock as having run its course, ie, RKH at 140p, without considering the ramifications of what exactly is propelling the SP. My analogy was CNE which increased nearly 10 fold once resources had been proven.

pth

pth
it seems we agree then.My analagy between rkh and des has an equivalent price of getting above 100sh for rkh which equates to 130sh to des.Nice to see we also agree on that most important point about "once resources have been PROVEN". although i do admit i use this very same terminology in respect of price action. after all i am a chartist and not a geoligist.
regards to you.
jkd

Do you no RKH shares were 24p this time last year.......happy days

even this miserable old bastard's not complaining .... indeed, rkh's strike came just in the nick of time for me when things were very gloomy indeed

old maybe...... miserable ......deffinately....the other.......never....lol