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.

3D Seismic Programme - UPDATE


Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, is pleased to announce the signing of a further contract for marine seismic acquisition services with Polarcus Limited for the use of the seismic vessel MV Polarcus Nadia ("Nadia"). This contract is in addition to Rockhopper's contract for the MV Polarcus Asima vessel announced on 21 October 2010.

Got in again at 300p yesterday

RKH will rise or drop with DES.....toss of a coin as whether you buy now or on a further dip.

Toss of a 12 sided dice more like!

with great difficulty, i have decided to stay neutral on both DES and RKH until after the result ..... if DES flukes it, then i'll be very happy to have missed out on the bottom .... however, the odds look to be weighted against a commercial find, and if that is the case, then there are some big falls ahead.

for the record, i have left my FOGL short running, at least for the time being

Rockhopper Exploration started with buy rating and 530p target price at Panmure Gordon

rf

I was thinking of doing both buy at 300p and buy if there is a big fall with DES new's

i saw that too, but i doubt anything much positive will happen to sp until after DES result

NEWS .........

Rockhopper in new 3D seismic survey with Desire

Falklands oil and gas explorer Rockhopper is to acquire a further 3D seismic survey. It has signed a new contract with Polarcus for use of the seismic vessel MV Polarcus Nadia.

Rockhopper will acquire 3D seismic over parts of its licence PL024 and adjacent areas which were not previously defined. It will also participate with Desire Petroleum on on areas of licences PL003 and PL004, in which it has a 7.5% working interest.

Desire has signed a contract with Polarcus allowing the companies to share the vessel, which is expected to start the survey in December with completion by the end of April.

A contract to process the data will be the subject of a separate invitation to tender.

Cynic,

Same as you, watching and waiting for the Des result. I will be almost certain to up my stake in RKH after the result. If the Des well is a duster, the sp of RKH is bound to drop by around 10%, whereas I feel that if Des do bring in the well, the the sp of RKH will not rise by more than 10%. Both scenarios look like leaving Rockhopper a nice weighed bet. I do feel RKH are now oversold.

i now hold none of either but confess to being far more tempted to buy back a few RKH than DES

Sp rising...something is on...

this is shooting up....no news ?....they must have hit the jackpot....

.

DES trading @ 130p now....

137....

Anybody shorting ?....

140

no rf not yet, but watching

And without an rns...I dare not buy....though already in on both...