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.

hmmmmmmmmmm

So what news is driving this up?
Haven't seen anything but up she goes. pity I didn't buy more last week.
TT

Something surely must have leaked out re BOR, and I don' mean oil.

Have you been in hibernation TT ?....check out southern falkland sp's....

RF, been invested in rkh and des for a long time now.
There is no announcement etc and the markets are poor yet rkh rises.
Do you have any explanation for the rise over the last few days?

Go for it rf! But be polite! ;o)

Just a minute whilst...I stop laughing...having a job to type....be with you shortly...

Right...now...where were we....it's to do with BOR this morning and a possible farmin with a major oil company BG. or BP. or Cairn.....etc...

Thanks. Been on holiday away from the markets and not followed bor.

Time Traveller,

You should know by now that there are no excuses allowed on these threads for not keeping up, be it holidays, illness or death.

Regards Greek.

Blimey.....take the internet with you somehow......

Now, now RF.

Some of us like to go on hols and chill out.
I was in Cap Verdi when RKH hit Sealion and can remember coming back having missed the massive sell off on the rumor pre hit of a dry well.
I posted on return, that I hoped that I would not have sold, but I will never know for sure.

If you keep having a dig at TT he won't bring you any 'rock' back next time.

Anyway, things are looking like there can't be long to wait to find out just how good out investment in Rockhopper is doing.
Then we can all go on hols.

Lot's of sell's now , short's selling or money going into BOR , or both ?

Hi Aldwickk,

Although I have not been following the trades on RKH all day, I have noticed that following most sp rising, sp falls quickly follow after being triggered by AT trades.
I doubt that its shorts selling, but could of course be wrong.
I think its just everyone feeling that there can't be many more days/hours without some sort of news.
I am also sure that if there is a tie-up RHK and Anadarko any release will be between
1330 and 1830 hrs BST, so it may still happen today.

http://www.proactiveinvestors.co.uk/companies/market_reports/41730/company-snapshot-rockhopper-exploration-supergroup-urals-energy-hambledon-mining-beowulf-rurelec-0000.html

Meanwhile, Rockhopper reported that the new CPR estimates the contingent resources to its Sea Lion and adjacent discoveries at 355.6 million barrels in the 2C category. The assets have a net present value (NPV) of US$4.1 billion net to Rockhopper.

Additionally, the new CPR assigns a 90 percent chance of the Sea Lion field being progressed to successful development with the discoveries adjacent to Sea Lion assigned a 75 percent chance of development.

At last nights close the MKT Cap was £1,073.08.
The CPR puts Nav value mid estimate at £2,489,604,017.48 9 (estimate converted).
So common sense put the true value of Rockhopper at £2,400,000 (estimate), and that is without further discovery post possible valuations.
So a sensible sp should be around 650p to 700p, which is where several analyst were putting the valuation at pre CPR, but based roughly on similar projected figures.

Not an oily, so awaiting for those far more knowledgeable that I, to post.
But the drop does make sense, 'purely' in the fact that punters always expect better that probable/reasonable figures (I know I did).
I have not increased my holdings today, for one simple reason..........No spare cash!

The problem with RKH is now it's a longterm investment....nothing wrong with that but the city like the short term gains....and put their dosh into the speculative ones.....DES is now worthy of a punt....Rockhopper need to get the big boys to help them out.....

"the city like the short term gains"........ I don't think that's correct. Private punters like quick profit and tend to punt the speculative stocks, but many City institutions like steady, well founded investments and are not permitted to trade AIM stocks.

I made that remark as general....that's why some shares rocket....like you say fund managers that at the end of the year have to come up with a positive update and with huge funds of more than a billion pounds of hard earned cash are going to be cautious (if I was one of them I put something into RKH and a punt on FOGL)....

http://www.proactiveinvestors.co.uk/columns/fox-davies-capital/9072/hambledon-mining-ferrexpo-providence-resources-beowulf-mining-plus-others-feature-in-fox-davies-newsflash-9072.html

Oil & Gas News

Rockhopper (LON:RKH) - A Little For Bulls and the Bears: First the Bulls. Today's announcement suggests that Sea Lion is commercial, and there is further prospectivity in the immediate area. Now the Bears. However, the fact that GCA has provided 2C contingent resources of 307mm bbl will have come as a disappointment; the 14th September Capital Markets Day suggested 350mm bbl. While we do not believe that the news in itself is too bad as in the end we believe that it evens out, and reserves can also be revised upwards, there may be more damage done by the fact that this is the first technical headwind in an otherwise flawless exploration and appraisal programme. At this stage, we are maintaining our 600p price target and BUY recommendation. In this news:

• 355.6mm bbl net to Rockhopper 2C contingent oil resources attributed to Sea Lion and adjacent discoveries

o Sea Lion 307mm bbl

• Sea Lion and adjacent discoveries estimated to have net to Rockhopper 2C risked NPV10 of US$ 4.1 billion and an unrisked NPV10 of US$ 4.7 billion

Desire Petroleum (LON:DES) - On The (Sea) Lion's Tail: Despite being the first to market,Desire has created more value by being next to Rockhopper than they have through their own work. Life is like that sometimes. The successful drilling of farm-in well 14/15-4a in licence PL004b confirms commerciality of Sea Lion and that Casper, Casper South, and Beverley prospects all have producible hydrocarbons. The Company also shared excerpts of the latest Competent Person's Report which estimates net 2C resource at 116mm boe. This will now be the focus, as investors would be looking for the roadmap for upgrading the resources to the reserves level. In essence, Desire's own exploration programme is somewhat underwritten by the discoveries it shares with Rockhopper. Following this news, we are upgrading our target price to 50p and reiterating our BUY recommendation. In this news:

• Drilling has confirmed the pre-drill interpretation of multiple hydrocarbon-bearing reservoirs in the mapped prospects.

• Reservoirs appear to be in pressure communication with common fluid contacts

• Mean estimate contingent oil resources net to Desire of 85mm bbl

• Mean estimate contingent gas resources net to Desire of 178bcf