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.

Its been an emotional rollercoaster.

marky what are RKH's epectations for the size of this find..... 170 or 400million barrels?

Hope Cynic didn't get stopped out. Looks like he is not watching his screen.

Rf, you would have had to have been VERY quick to pick up stock sub 150p, even if you could have traded. Also don't forget we thought the news was going to be bad & therefore a further fall was possible.

The RKH management were quick to respond with a good RNS and great news confirming the API at 26.3,never seen a tree shake like that and there are a lot of people who have got burnt very badly and I hope the FSA are aware of what has gone on today and will look into it..

Yes..probably the lowest buy could have been 180p or so....

Don't hold your breath for the FSA - the biggest toothless quango you've ever seen. Even if you stole something right in front of their noses they wouldn't pick it up!

Don't hold your breath on that one Marky.

Those with a stoploss will have been slaughtered because they will have been stopped out at 140 or 150p....I bet they are cursing...

It might have gone down so fast that ordinary stops weren't triggered.

Oh, but they will have...you can be 100% sure of that....I've just taken a small one out....going long....

I thought it was a short attack, and it was, I went for my dinner and just back.

It was a bit fishy this morning that the AT buying stopped basically, gradually the bid was walked down, then a load of new posters appears talking crap, then they wait for lunch time (when directors and brokers are out of the office so immediate RNS's cannot be put out) and then rumour that its all gone wrong.

I reckon there was a few major players involved in that, including buyers of the stock on the drop and shorters to help it fall.

As I said earlier, all my stock is paid for, so it does not matter short term, but I feel sorry for anyone on margin or spread bet who got stopped out on that.

That was a planned attack, for sure, but it tells you one thing, the news coming is good and they are desperate to get your stock in their pockets.

Anyway, nice RNS, onwards and upwards !!

Not sold any, and no plans too until at the very earliest after Ernest is drilled !!

Halifax,API IS 26.3 GREAT NEWS its class B oil also they encounted 2 oil columns which is very intresting now what was the 2nd column and how much oil does that hold? and No oil water contacts or water sands have been recognised in the well which is very good news.

http://www.rockhopperexploration.co.uk/pdf/RPS_Rockhopper_CPR.pdf


Low Estimate Best Estimate High Estimate Mean

Prospective STOIIP 234 568 1348 700
(MMbbls)

Prospective Resources 58 170 472 220
(MMbbls)

Yes, the 26 API news is great !!

Over 50 metres of net pay.

26 API

Porosity and permeability good.

Should be 300M to 450M barrels ??

Lovely :)

All I can say is Thank F__k for that!

Well said OJ. I second that.

BP's track record in the US may mean they will find it difficult to obtain new licences from the US government, so they may have to look elsewhere. If the Falklands become a new oil province of the UK what easier way forward than to buy into RKH with a successful discovery already under its belt.

Halfifax you might also get a deepwater rig for BOR as well on the cheap as if they cant use them then they will want to sub lease them.

marky now you are talking.We await the official RNS from RKH which if really positive could be the beginning of the "great oil rush" for the falklands.

Something was very wrong with today. OK, I profited from the shambles but I have no doubt many lost a fair old wad of cash. It aint fair but the perpetrators will no doubt get away with it. Such is the Market, I suppose that is what makes it tick, in a way.

Having grumbled, mildly for me,....................where is Cynic? I hope he hasn't fallen off his bike.

You there C?

got his legs out on his bike I expect...