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Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

Web Page Traffic Counter

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.




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required field - 01 Jun 2011 08:04 - 4701 of 6294

In auction immediately.

mnamreh - 01 Jun 2011 08:05 - 4702 of 6294

.

mitzy - 01 Jun 2011 08:28 - 4703 of 6294

Well done for holding.

Balerboy - 01 Jun 2011 08:29 - 4704 of 6294

Am afraid DES hasn't followed like RF thought.... bad luck rf.,.

chav - 01 Jun 2011 08:30 - 4705 of 6294

The Angel profits going to be up today marky?!

required field - 01 Jun 2011 08:45 - 4706 of 6294

Sold out at a smallish profit and bought some more RKH....BB..

cynic - 01 Jun 2011 08:47 - 4707 of 6294

because DES is virtually bankrupt and is only good at finding sandpits!

Balerboy - 01 Jun 2011 08:50 - 4708 of 6294

Looks like we both bought at the top this a.m. rf going back now but never mind can onlly get better in a month's time

required field - 01 Jun 2011 08:50 - 4709 of 6294

Now and again you can make a profit on good news for others like this morning......let's not forget that the falklands campaign is in its infancy...years of drilling to come and probably extra acreage for exploration will be up for grabs...

required field - 01 Jun 2011 08:53 - 4710 of 6294

Topped up around the 260p mark......but this is looking like a 350p share once again.....we are not even into one hour of trading here....and the next month should be very rewarding...

required field - 01 Jun 2011 08:55 - 4711 of 6294

Why on earth would anybody want to sell any of this gem is beyond me....apart from a quick spread profit that is...

required field - 01 Jun 2011 09:01 - 4712 of 6294

Only 25p up on a superb result.....nuts....

markymar - 01 Jun 2011 09:02 - 4713 of 6294

Down the mine on phone this exceeds expectations in a big way,need to wait for flow test results.....late next week i would think.They have all the kit this time.

Chav.... soon

required field - 01 Jun 2011 09:03 - 4714 of 6294

Are you really in a mine Marky ?....or on a platform ?...

required field - 01 Jun 2011 09:14 - 4715 of 6294

Very disappointing so far...is fifa anything to do with this ?....

markymar - 01 Jun 2011 10:30 - 4716 of 6294

FOX DAVIES

Rockhopper (LON:RKH) Exploration (BUY, 5.00) (RKH, 231p, ▲ 14.07%) provided an update on the 14/10-5 appraisal well. The well was drilled 600m north of the 14/10-2 discovery well to a total depth of 2,726m (drilled depth) and was the second appraisal well on the Sea Lion feature. The well was designed to appraise the Sea Lion main fan reservoir and investigate hydrocarbon column and reservoir distribution. The well has been highly successful, proving a very thick, high quality reservoir package and a substantial oil column. The Sea Lion reservoir sands were encountered 22m updip from the 14/10-2 discovery well at a depth of 2,378m (drilled depth). A total reservoir package of 110m (360 feet) comprising one main sand and three thinner sands was encountered with a net to gross of 91% in the main sand and 25-80% in the lower sands. The gross oil column in the main Sea Lion fan is now 125m (410 feet). MDT pressures confirm oil gradients throughout all sands. Wireline logging indicates that reservoir quality is good, with average porosity of greater than 20% and average permeabilities of 100-200mD. 79m (259 feet) of net pay has been encountered in the main fan complex with a net to gross of 91%. 14.5m (47 feet) of pay has been encountered in the lower fan complex with a net to gross of 25-80%. The lower fan was not prognosed to be well developed at this location. 64m (210ft) of conventional core was cut and recovered through the main sand. The Company now intends to test the well. Tests will comprise both mini DST (downhole dual packer MDT) and a fully engineered drill stem test (DST). The Company intends to perform mini DST tests on both the upper and lower fans and to perform the fully engineered DST on the upper fan only. Testing operations are anticipated to take approximately a month and a further announcement will be issued once all testing operations have been completed. Following completion of all testing operations, Rockhopper intends to drill a further appraisal well on Sea Lion located some 4.2km to the west of the 14/10-2 discovery well. This well will be located outside the Company's "low case" area and within the Company's "mid case" area for the main fan and is also intended to penetrate the lower fan in what the Company believes will prove a more optimal location.

cynic - 01 Jun 2011 10:32 - 4717 of 6294

investors are rightly wary of reports coming from FI after recent misleading info etc ...... further, unless someone knowledgeable can advise differently, even this latest rns is only an indication of good things to come rather than anything absolutely definite

markymar - 01 Jun 2011 11:02 - 4718 of 6294

Cynic RKH are doing a full health check on sea lion this time,they have all the correct equipment in place this time around.

Last time the equipment they had was limited as the Argies impounded the boat with all the gear on it.

Things do go tits up and have done many times before hopefully this time the next few RNS will Rocket this SP back up to new highs

Not sure on news time frame with so many tests been performed, its looking like its going to be a monster.

Balerboy - 01 Jun 2011 11:27 - 4719 of 6294

Don't start saying 20 soon marky....keep feet on floor.,.

cynic - 01 Jun 2011 12:16 - 4720 of 6294

marky - i think you're right; rkh is "pack leader" and i'm sure the management will be very conscious of earlier inaccurate reports ..... i currently hold just my "norm" at cost price, but just possibly will buy a few more as the price (probably) drifts back following the initial excitement
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