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.

http://en.mercopress.com/2012/01/27/falklands-oil-industry-says-first-round-of-exploration-was-hugely-successfulFriday, January 27th 2012 - 02:44 UTC

Falklands’ oil industry says first round of exploration was “hugely successful”
Falklands’ oil industry sources said the round of oil exploration began in 2010 with the “Ocean Guardian” rig and just concluded, involving Rockhopper Exploration and Desire Petroleum, was “hugely successful” with several major oil and gas discoveries


The comments follow on reports from London saying Energy Secretary Chris Huhne stated that the initial oil explorations in the waters surrounding the Falkland Islands were “disappointing,” although he indicated the course may change in the future.

During an energy debate in the House of Commons on Thursday, Tory MP for Romford Andrew Rosindell asked the minister “Have you made an assessment of the energy sources that may or may not be available in some of the British overseas territories? Particularly, I refer to the Falkland Islands.”

“It is indeed the case that there is exploration under way. Some of the initial exploration that was undertaken in territorial waters of the Falkland Islands was disappointing but that of course may change in the future,” the Secretary said.

“We don’t know exactly the source of the news or in what context, but to be clear Rockhopper with its Sea Lion field was hugely successful. But if Minister Huhne did say that then he needs to be corrected”, pointed out the Falklands oil industry sources.

For almost two years several Falklands’ government licensed companies have probed the area surrounding the Islands.

With the return this month to Scotland of the “Ocean Guardian” Desire Petroleum and Rockhopper have ended their first round, but a second rig “Leiv Eiriksson” has just arrived to drill several exploratory wells for Borders & Southern and Falkland Oil and Gas, mainly to the south and east of the Falklands.

Meanwhile Rockhopper has appointed Bank of America Merrill Lynch to lead the process of finding a partner for its 2 billion dollars oil project in the North Falkland basin Sea Lion field, one of the largest discoveries made in the region so far, with recoverable reserves estimated at nearly 500m barrels of oil.

Apparently several international companies are interested in teaming up with Rockhopper and the Sunday Times reported that Texas based Anadarko is in talks “that may lead to a takeover of the company”.

Rockhopper has said it plans to start commercial production in 2016 when it hopes to develop the Sea Lion field with a giant oil tanker moored over it. The ship will be fitted with a drilling rig and have the capacity to store up to three million barrels of oil, which would be offloaded to other tankers.

According to Houston press reports Anadarko made a provisional offer to invest nearly 1.6 billion dollars in Rockhopper and four Anadarko executives flew to Port Stanley recently to meet with the UK explorer, and one said that the provisional offer to invest in Rockhopper’s Sea Lion discovery and develop it is “on the table”.

http://en.mercopress.com/2012/01/26/hms-protector-reaches-antarctica-visits-uruguayan-and-argentine-bases

HMS Protector reaches Antarctica, visits Uruguayan and Argentine bases
HMS Protector, the Royal Navy's new ice patrol ship, has arrived in Antarctica for the first time after her long sail south from Portsmouth. Her arrival, via Montevideo in Uruguay, coincided with the centenary of the Royal Navy's Captain Scott reaching the South Pole.

Did someone say Bann........what Bann?

“The comments follow on reports from London saying Energy Secretary Chris Huhne stated that the initial oil explorations in the waters surrounding the Falkland Islands were “disappointing,” although he indicated the course may change in the future.”

Can i just say i think Chris Huhne is a de ramper trying to drop the SP so he can entre at a lower level......lol

What a berk statement...if that is correct.....I'm telling you.....what are we governed by ?.....gaaaaaaddddd......he can't be too happy with his DES shares then !.

Good old Barclay's , sold a few of mine @350 this morning

Just shows how Huhne is a total waste of space.

Brave man aldwickk, i think a deal has been done,its just a waiting game.clip clop clip clop.

I only top sliced a few , still holding the bulk of them.

It'll be a farmin'......has to be....will be surprised with anything else...

Sticking my head out but perhaps what Huhne said is right.

If as quoted by the Press Association above he said "....Some of the initial exploration that was undertaken in territorial waters of the Falkland Islands was disappointing....." then that is the case for DES, FOGL and others. However RKH has been - and still is - a resounding success.

As for Marky's comment about wanting to lower the SP, how could he suggest such a upright Minister of the Crown would perjure himself? That would be 'pointless'

This is the trouble with things like this...."some" is very much different to "the".....I wish people would get their facts right...anyway who cares....

http://minesite.com/media/pub/var/release_downloadable_file/35566.pdf

Views from the Trading Floor by fox davies

Rockhopper (LON:RKH) look set to try its 52 week high of 351.25p again soon, as the shares were
4% dearer in trading at 342p. All the recent takeover and partnership speculation surrounding the
disputed waters, has continued to keep investors interested in the story. We remain very bullish on
the story and as a shop we have a 600p price target.

http://www.bbc.co.uk/news/uk-16810417

GLA

http://en.mercopress.com/2012/02/01/brazil-reiterates-support-for-argentina-denies-any-blockade-to-the-falklands

Brazil reiterates support for Argentina, denies any blockade to the Falklands
Brazil reiterated its support for Argentina’s Malvinas Islands sovereignty claim and insisted that solving the controversy with the UK is ‘most important’ for South America’s stability. It also pointed out that it’s not correct to talk about “a blockade

http://en.mercopress.com/2012/02/01/argentina-condemns-the-uk-for-its-bullying-patriotism-in-the-malvinas-dispute

Wednesday, February 1st 2012 - 06:44 UTC

Argentina condemns the UK for its ‘bullying patriotism’ in the Malvinas dispute
Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”

Hmmmm....if they are not careful we will stop buying their corned beef and send Tevez back. Then they will stop bleating!

harry should i buy back in here

yes so long as you believe RKH will not remain (totally) independent for long, though GKP has arguably better chances and upside in the nearer future

Don't know T. I'm out of RKH at the mo. More of a long term play now, imo, but with huge potential if you are prepared to wait. Currently talk of t/o or farm in, but risky to buy purely on that strategy. Have made very good money here, but am always wary of becoming emotionally tied to a stock.

i dont think uk stopping buying bully beef will be enough - but i wouldnt send tevez back - that might be more than they could bear!! lol

New Highs for this year.......lets see if it breaks the £3.80p...knock knock!!