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Falklands’ Desire shares soar amid speculation of bid approach

Thursday, October 28th 2010 - 05:09 UTC
Full article 30 comments

Shares in Falkland Islands exploration company Desire Petroleum (DES.L) more than doubled on Wednesday following internet bulletin board speculation of a bid approach for the Falklands focused explorer and an oil find, traders said. Read full article

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  • Hoytred

    The drinks are on Beef ... eh, Think ??

    Oct 28th, 2010 - 06:27 am - Link - Report abuse 0
  • stick up your junta

    Go easy on Think,its been a bad week :-)

    Oct 28th, 2010 - 07:29 am - Link - Report abuse 0
  • Think

    Welll…. I could certainly use a drink but……………….

    Not because of the BSAPOA
    (Britisht South Atlantic Pirate Oil Adventure:-)

    Looks as those oil ”Cowboys” are messing it up pretty nicely by themselves….

    http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8090989/Internet-talk-of-Falkland-oil-discovery-ramps-Desire.html

    Oct 28th, 2010 - 07:39 am - Link - Report abuse 0
  • Cadfael

    Shows how much you know about share dealing!!
    Or anything else come to that!

    Oct 28th, 2010 - 07:53 am - Link - Report abuse 0
  • WestisBest

    That is a rather surprising jump mind. The torygraph, as usual, infers shady practice but in spite of that I do find this a bit suspicious, Sure having another poke at Rachel indicates that they found some promising info there...but that much of a price rise?

    Oct 28th, 2010 - 09:56 am - Link - Report abuse 0
  • xbarilox

    What's going on here, people? You´d better cool it down, or I'll smack you right in the puss, ok?

    Oct 28th, 2010 - 05:04 pm - Link - Report abuse 0
  • WestisBest

    Why so angry Xbarilox, did you miss out on buying some Desire shares before the price jumped?
    ;-p

    Oct 28th, 2010 - 10:22 pm - Link - Report abuse 0
  • briton

    W.O.B.A.A.
    Watch out bad Argentineans about.
    we can all make things up [think]
    but Argentina will still be complaining about the Falklands decades from now ??
    long live peace .

    Oct 29th, 2010 - 12:07 am - Link - Report abuse 0
  • Hoytred

    http://www.bloomberg.com/news/2010-10-28/falkland-oil-hunt-draws-big-bets-to-make-desire-most-volatile-u-k-stock.html

    As I've said elsewhere ... exciting stuff :-)

    Oct 29th, 2010 - 01:37 am - Link - Report abuse 0
  • Think

    Business as usual.....
    Still hoping for a duster.......
    http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8094462/Revealed-how-Desires-advisers-have-cashed-in.html

    Oct 29th, 2010 - 06:47 am - Link - Report abuse 0
  • Hoytred

    Ain't capitalism wonderful :-)

    Oct 29th, 2010 - 07:46 am - Link - Report abuse 0
  • Think

    Not really....
    But it is nice to see Brits deceive Brits....
    For a change.....

    Oct 29th, 2010 - 08:03 am - Link - Report abuse 0
  • stick up your junta

    But it is nice to see Argies get worked up over it

    Oct 29th, 2010 - 08:48 am - Link - Report abuse 0
  • Beef

    Drinks on Beef?

    I am currently in Saudi Arabia so not much opportunity for a drink, i'm afraid. Should know for certain the outcome of the Rachel sidetrack next week. Something is clearly happening as the amount PIs hold is relatively small compared to the Institutions. Will it be oil and will that oil (if there is any) be commercial (quality, quantity and flow)? We will see next week.

    Have a nice weekend all.

    Oct 29th, 2010 - 03:50 pm - Link - Report abuse 0
  • Think

    Jeddah must exude an “ outandish” feeling when “longing” for an Ale ;.-)

    Oct 29th, 2010 - 04:10 pm - Link - Report abuse 0
  • Beef

    When in Rome (or in this case Jeddah)!

    Only here one night for a meeting tomorrow. On to Dubai Sat night then can sup on a beer or two. Back home to wife and little boy on Tuesday :-) and work :-(

    Oct 29th, 2010 - 05:22 pm - Link - Report abuse 0
  • Think

    DES RNS out by TUE,.... BFD

    So..... Yes, I guess, it will be back to work.............

    Oct 29th, 2010 - 05:31 pm - Link - Report abuse 0
  • Beef

    Now now Think. Internet stalking is a bit creepy and odd. Agree? You clearly have too much time on your hands?

    Take care. Sat & Sun normal working day here in Saudi.

    Oct 30th, 2010 - 06:49 am - Link - Report abuse 0
  • stick up your junta

    Internet stalking is a bit creepy and odd

    The death of Néstor Kirchner has unhinged Think

    Oct 30th, 2010 - 07:40 am - Link - Report abuse 0
  • Think

    (18) Beef
    I agree,…….. but maybe the implications of the term “Stalking” should be more properly defined when used in the “Internet” context……….

    Nothing wrong about looking into the other guys eyes when having a dialogue...................

    I can assure you that, in this case, it was just an odd coincidence……

    Was skimming the DES CULT BB, taking part and pleasure in the “adrenalin rush”, without owing a share ( I’m beginning to understand how you guys feel :-) …………….

    MercoPress was open on another window and …….

    Well…… there you where.

    No intentional at all.

    Just a funny coincidence.........

    Oct 30th, 2010 - 08:04 am - Link - Report abuse 0
  • Beef

    Still takes a bit of leg work Think! Time could be best spent on other constructive endeavours.

    Looking into another persons eyes is not always appropriate in some cultures. When I talk with female Japanese students I have to make sure I do not make eye contact and I focus on their neck area. If I was to make eye contact they would think I was being suggestive.

    Feel free to look at my posts on iii - you will see that I realy post but when I do it is usally just for fun or to make a serious point. I was the first to post about Nestor's death and indicated that such an event is above politics and making money. I don't get carried away and am certainly not in any DES, RKH, FOGL cult. I use my head (investing) and throw in a bit of balls (speculating) to make my descisions.

    Each to their own. Have a beer for me!

    Oct 30th, 2010 - 09:44 am - Link - Report abuse 0
  • briton

    Halloween is on its way, bloggers put your masks away
    the kids will be out trick or treating, I take it the Falklands and south Americans do the same thing, [scary] just a bit of harmless fun
    the world needs a break. Step back and enjoy, the Falklands are British,
    what more could possibly be happier,

    Oct 30th, 2010 - 10:34 pm - Link - Report abuse 0
  • WestisBest

    “the Falklands are British, what more could possibly be happier”

    Argentina admitting that the Falklands are British.
    :-)

    Oct 31st, 2010 - 09:33 am - Link - Report abuse 0
  • Think

    (21) Beef

    Well……………
    As you identify yourself as a “reasonable educated” fortyish male Anglo-Saxon……
    And I’m certainly not a “suggestion-worthy” female Japanese student…..
    No harm done then…. :-)

    Still a few hours for D Day
    Hoping for an article like the one below with “Desire, AIM darkest hour” on its title…..
    http://www.guardian.co.uk/business/2009/jul/19/oil-london-stock-exchangegroup

    Oct 31st, 2010 - 10:40 am - Link - Report abuse 0
  • briton

    I think in the future the argentine government will except that the Falklands are entitled to live in peace, and will always be allied to Britain,
    the only other alternative i can see is Falklands II, Unless Britain finds itself unable to defend its self or the Falklands, but what are the chances of that ?,

    Oct 31st, 2010 - 08:26 pm - Link - Report abuse 0
  • Think

    Dilma Brazil's new President....
    Good times for South American integration...

    Oct 31st, 2010 - 10:00 pm - Link - Report abuse 0
  • Beef

    Think - You are adding years to me. LOL. My family heritage is Irish Italian.

    Regarding the Rachel sidetrack. What will be, will be. Then onto another prospect and then another followed by another etc.

    Nov 01st, 2010 - 02:56 am - Link - Report abuse 0
  • Think

    Irish-Italian?
    Dr.Kennedy-Capone I presume?

    Ps:
    “Due to wellbore stability issues through the deviated section of the wellbore” :-)))

    Nov 01st, 2010 - 07:28 am - Link - Report abuse 0
  • Beef

    Think. As you can see from the market reaction this is not a major concern. They are going through this for a reason. Have they found something? We will find out soon enough!

    Nov 01st, 2010 - 11:41 am - Link - Report abuse 0
  • Think

    Malvinas “challenges” mentioned by the Big Oil Boyzzzz in the U S of A...

    http://www.ogj.com/index/article-display.articles.oil-gas-journal.volume-108.issue-41.exploration-development.bhp-exits-falklands-argentina-plans-exploration.QP129867.dcmp=rss.page=1.html

    Nov 01st, 2010 - 10:24 pm - Link - Report abuse 0

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