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.

Buy..buy..buy..

Hang on to your hats - 470 and going well!

Have have have....

Did did did......

Am am am........

In 18 months time it should be over 2000p and even over 3000p.

This is just the start, for those who can buy fully paid for an be patient, there is a wonderful chance to make a load of money here........

Forget the short term thinking, buy fully paid for and hold.........

Managed to get a few more this morning.

Added to my large long term fully paid for, no stop loss, holding.

And keeping the focus on 18 months time, when the price should be well over 2000p levels.

Ignore the short term ups and downs, tuck them away for 18 months !

Did did did

Have have have

Am am am

My advice is to hold till AGM on the 30th as i think we will have a better idea and i think news before then and find out what the upgrade is.

If holding Desire be carefull short term as they havent found oil yet!!! RKH have and you cant take that away.

The way i understand things if RKH had the proper gear down there they would of been pumping 5000 to 7000 mill bb on flow test.

It will all come out in the washing.

Going like a train....

Hold until AGM ? I am holding until Dec 2011.

At which point it should be well over 2000p a share will good old RKH.

Been in since 38p, not sold any, added more and no plans to sell a single one.

Time to take some profit, I think.

I should short it hlyeo98......;))

Papelpower is what puts me off this stock.

All his none stop ramping is familiar, at some stage he will sell and then start
to deramp none stop.

Seen it all before !

This ones got 1000p written all over.

Oriel note

Rockhopper Exploration (RKH, BUY, 420p) - Successful Sea Lion flow-test

Rockhopper announced on Friday that the Sea Lion discovery well had been successfully flow-tested at sustained rates in excess of 2,000bopd over an 18 hour period.

Equipment constraints limited the flow-rates which we understand would have been up to 3x higher if the well had flowed unrestricted. There were no flow assurance issues during the test, a concern ahead of events given the wax content of the crude

Downhole pressure gauges will be recovered which will help confirm the continuity of the reservoir sections tested and connected volumes around the well location

We view this test result a significant milestone is derisking the commerciality of the Sea Lion discovery. In our base case model for Sea Lion we assume horizontal production wells come on at peak rates of 6-8kbopd with long-term support from water injection and possibly ESP's and this result appears to more than underpin these assumptions

Our unrisked NAV for Sea Lion based on the current P50 240mmb reserve case is 786p/sh, unchanged on the back of this update.

The company has yet to confirm a date for appraisal drilling given the forward programme with the Ocean Guardian remains fluid. The next well in the programme is Rachel in which Rockhopper has a 7.5% stake worth c61p/sh unrisked if successful and which has been significantly derisked by the success of Sea Lion (analogous prospect in the same play, located in the block directly to the south on the eastern margin of the basin)

We re-iterate our BUY recommendation. Ignoring cash balances, the shares are trading at just over 50% of our unrisked NAV for Sea Lion under the P50 case which we believe is far too conservative

Mitzy.

Is that the same as when Pele was going to 200p within days then :-))

Pele big mistake down 30% but thats life.

ravey davy gravy its just diffrent views on the stock. lots of news to come before AGM and i think all good news.

You are the big mistake mitzy not Pele :-))

Equipment constraints limited the flow-rates which we understand would have been up to 3x higher if the well had flowed unrestricted

You would think i wrote oriels note...heeee

Starting to settle down now and then a steady rise in the coming days untill we get this upgrade!!!!!!