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.

Cash call, agree with mnamreh re far too early.

Perhaps it's oil you can smell!

reckon?

Sequestor not a chance in hell they have enough money to carry on doing a full appraisal of sea lion. They have $271.0 million in the bank at this present time it cost per well $25 million so plenty of drills can be made through out this year and next.

ok

FT

NH
the sector watcher is pushing Rockhopper
Rockhopper Exploration PLC (RKH:LSE): Last: 263.50, up 8.25 (+3.23%), High: 267.00, Low: 251.81, Volume: 1.08m
NH
Rockhopper - RKH LN
RKH has taken another drilling slot on the Ocean Guardian rig, so the group will now drill four wells back-to-back on its northern Falkland basin acreage. This is good news as it keeps the rig busy between now and the end of the year. With any luck either Argos Resources or Desire Petroleum will have managed to sort out their finances by then and will potentially take a slot or two themselves early next year. RKH's next well, a 4.5 kilometre extension to the west of the discovery well, is due to spud any day now, and should take around 4 weeks to drill. Our NAV/TP for RKH is 593p/share, versus a current price of 255p, i.e. the shares continue to look extremely good value. I note that despite the excellent flow test result announced 10 days ago, the shares are trading 7% below the level immediately below the announcement

good news for the rig owner!

http://www.proactiveinvestors.co.uk/companies/news/30376/rockhopper-exploration-intent-on-de-risking-sea-lion-quickly-says-westhouse-30376.html

Rockhopper Exploration intent on de-risking Sea Lion quickly, says Westhouse

The broker repeated a buy recommendation, which targets 494p, this morning after the Falklands oil explorer announced that it is adding another well to the current drill programme

Its good news for all Hal i would have thought anyone wanting a safer punt that FKL should do well with all this activity here the oil yards are expanding building up for the second rig to start drilling later this year or early next year.

Its a busy place at the moment and FKL have lots of fingers in pies there..talking of people with fingers in pies where is the artful dodger Cynic to day.

sunning himself in Provence ....more precisely, a long walk this morning before lunch up in Les Alpilles

you got the bike & lad this time cyners??

not f likely! .... far too steeply hilly for an aged wuss like me, but plenty of french masochists who revel in same

Les alpilles means small alpes and if I remember correctly are near avignon and you can see them from the autoroute and there might be a magnificent view on the camargue from the top there if it is not too hazy. Another day out is a drive to the top of mont ventoux near there...have not done it myself but will do one day....fantastic views of the alpes and pyrenees on a mistral day....local wines...chateau neuf du pape and the local camargue rose....have a nice hols cynic.....

this is near st remy .... it's walkable (about 8 miles) via GR6 and a few jolly side paths .... quite a steep climb of about 1500 feet, but of course comes all the way back down again ..... mont ventoux, of tour de france fame (infamy) is bouches du rhone (i think) and NE from here, though not that far

Loads to do around there that's for sure...

Loads to do around there that's for sure...

There certainly is - I am just planning a brief sojourn through La route des Grande Alpes in October. Despite only 15 miles to the gallon the Austin Healey should make it and but I could do with these RKH shares lifting from the 250's to help with the expense!

Flippin' heck avsec. You need to lean down the mixture a bit! you must be supporting the high oil price all on your own! ;o)

Avsec - which Healey do you have?

i thought a frogeye was much more economic than that

Sadly the Webber carbs are a tad thirsty but it goes like greased weasel dung!
This was on the way back from Le Mans Classique last year - after 3 high speed laps!

PS for the sake of bandwidth and thread drift I will remove this at c.o.p. tonight!

3000 MK 3? Looks very nice.