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Falklands’ Rockhopper plans two new wells and is discussing a “Discovery Area”

Monday, December 20th 2010 - 18:36 UTC
Full article 42 comments

The Falklands Rockhopper Exploration (AIM: RKH) exploration company ratified Monday its full commitment to oil exploration in the Islands waters on announcing an agreement to increase the number of drilling options, further 3D seismic surveying and discussions with the Falklands’ government for the declaration of a Discovery Area where it stuck oil earlier this year. Read full article

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  • mastershakejb

    lol, more water (instead of oil) no doubt ;)

    Dec 20th, 2010 - 08:59 pm - Link - Report abuse 0
  • Think

    Yeahhhh….

    Let’s declare a “Discovery Area”

    What for,............ you may ask?
    So we can be on “Discovery Channel”
    And sail to Disney’s “Discovery Island”.
    On board of a big “Discovery Cruises” Liner.
    Ohhhh... I already feel like a “Discoverer”… Dr. Livingstone, I suppose?

    Dec 20th, 2010 - 09:04 pm - Link - Report abuse 0
  • stick up your junta

    Great double act ^^
    http://www.youtube.com/watch?v=DiFEFL6ThRI

    Dec 20th, 2010 - 09:20 pm - Link - Report abuse 0
  • mastershakejb

    mohammed, I don't click your links, I doubt anyone else does (except other mohammeds possibly), you just wastin your time and breath :)
    but I love you see you so mad and squirming :D

    Dec 20th, 2010 - 09:41 pm - Link - Report abuse 0
  • Beef

    Actually Master sealion has been logged and flow tested. It is the beautiful black stuff and it belongs to the Falkland Islanders and us investors.

    Looks like the appraisal could be going for the P10!

    Think - I love Disney World and have taken my little boy there the last two years. May buy a villa there when RKH pays out for me :-)

    Dec 20th, 2010 - 09:43 pm - Link - Report abuse 0
  • Marcos Alejandro

    Think, who is Dr Livingstone?

    Dec 20th, 2010 - 09:59 pm - Link - Report abuse 0
  • stick up your junta

    @4 This in spanish,Laurel or is it hardy Lol

    http://www.youtube.com/watch?v=3aMcSluTSqk&feature=related

    Dec 20th, 2010 - 10:00 pm - Link - Report abuse 0
  • mastershakejb

    @#5 Beef, that's according to Rockhopper, just like according to Desire they hit oil.
    And it had a max of 2,000 barrels per day, lol, (again, according to Rockhopper), not very impressive, specially since you know that 2,000 figure was bloated for investors. Lookin pretty sad right now for ol UK.

    Dec 20th, 2010 - 10:17 pm - Link - Report abuse 0
  • stick up your junta

    @8
    Dont be rude to your future father in law

    The basic premise is that Oliver Hardy is about to be married to an oil tycoon’s daughter, which will lead to his own business success and security. Stan Laurel is going to be Oliver’s best man, and arrives, having made all of the “necessary” arrangements - he has the ring, and

    Dec 20th, 2010 - 10:23 pm - Link - Report abuse 0
  • Beef

    Actually master the well flowed at over 2000 bpd. Limited only because the lower guns did not fire. The well will more than likley flowbat nearer to 4000 bpd.

    Have you never heard of independent verifercation? Do RKH own the rig? Do RKH own the flow test equip? Do RKH issue the CPR?

    You are so thick it would be funny if it wasn't so sad.

    Dec 20th, 2010 - 10:32 pm - Link - Report abuse 0
  • Think

    (6) Marcos Alejandro
    Dr. Livingstone was a Colonial Christian Commerciant that got lost somewhere in “Dark Africa” during the XIX century.
    He was found again, in the middle of nowhere, by a Mr. Stanley.
    http://en.wikipedia.org/wiki/David_Livingstone
    Kind of heroes for the Bruts………

    (10) Beef
    Independent verification???
    In the F*cklands!!!
    My left foot……:-)

    (Besides, the “ Independent Competent Person” has already backed off from many of the early triumphalist asseverations)

    Dec 20th, 2010 - 10:56 pm - Link - Report abuse 0
  • Beef

    Think - a new CPR was not actually issued. The RNS said that if one was to be issued it would reduce the p50 to 170mmbl. In order for a new CPR to be issued required additional data in terms of seismic 3D south of the drilling site.

    Seismic in process and two new drilling slots scheduled.

    Remember Think, DYOR!

    Dec 20th, 2010 - 11:01 pm - Link - Report abuse 0
  • Think

    That exactly what I mean.....
    They are slowly weasling out and covering their tracks with semantics....

    As “Despair Petroleum” did in their already classical and (in)famous Oil Discovery RNS.....
    They called the discovered liquid a: “FLUID”
    Well.... Water is a fluid... Honest mistake... Right?

    Dec 20th, 2010 - 11:12 pm - Link - Report abuse 0
  • Redhoyt

    “ ... covering their tracks with semantics ....”

    must be learning from you Think :-)

    Dec 20th, 2010 - 11:22 pm - Link - Report abuse 0
  • Beef

    So what has that got to do with sealion? the only thing we know about Rachel is that oil migrated through the region to somewhere else (oil shows in the fresh water).

    Has it migrated to sealion? I don't know but if it has and the second feeder system in today's RNS ends up being another migration path for oil then we are not looking at 170mmbl or even 242mmbl. We are looking at £££££££££££££££££££££££££££££££££.

    Worth the risk. Well for me there is no risk as by some ins and outs I am 95% de-risked :-)

    Still time for you to come in from the cold; after all Marxism was only just a phase!

    Dec 20th, 2010 - 11:23 pm - Link - Report abuse 0
  • Think

    (14) Hoyt
    My opinion about the Malvinas Issue has, since the beginning, been crystal clear.

    Not much semantics in: “Bugger Off, You Squatters”………... Right?

    (15) Beef
    Careful lad......
    You better keep an eye that beginning Oil Savant Syndrome of yours before it runs amok :-)

    Dec 20th, 2010 - 11:50 pm - Link - Report abuse 0
  • stick up your junta

    My opinion about the Malvinas Issue has, since the beginning, been crystal clear.

    Yep your opinion

    In casual use, the term opinion may refer to unsubstantiated information

    Dec 21st, 2010 - 12:13 am - Link - Report abuse 0
  • Islander1

    Think and Kebab and a couple of others. If so much gloom then how come:
    The current oil rig likley to be here for another 12months fully occupied - instead it could have been winding down about now had nothing showed anywhere.

    Why have investora raised - and continuing to raise the cash for this expensive drilling operations to continue?

    These are the simple hard basic facts- nobody can deny. Another one is that as yet nobody knows for sure that there are or are not commercially viable oilfield(s) here. - BUT - they probably will know in 12 months time.
    IF there is - then the Falklands moves into a totally new ballgame.
    If there isn,t - then the industry leaves and we quieten down here and
    continue anyway, albeit at the slower speed again.

    The one fact we DO know for sure is whatever the result - the ownership of the Islands will still stay 100% with the people who live here. Nothing will change there..

    Dec 21st, 2010 - 12:24 am - Link - Report abuse 0
  • Redhoyt

    #16 Think
    (14) Hoyt
    My opinion about the Falkland Islands has, since the beginning, been crystal clear.

    Not much semantics in: “We have no doubt about our sovereignty”………... Right?

    :-)

    Dec 21st, 2010 - 12:58 am - Link - Report abuse 0
  • mastershakejb

    lol @ UK, good luck exploiting that WATER, lol

    Dec 21st, 2010 - 01:49 am - Link - Report abuse 0
  • Marcos Alejandro

    11 Think, Thank you, interesting story.
    I thought that you were talking about the other brutus...Mr Show off Bife de Chorizo.
    :-)))))

    Dec 21st, 2010 - 04:29 am - Link - Report abuse 0
  • yul

    #15 ....you investor ?

    tell us somethings about Petroleo Brasiliero ,,RF Microdevices ,,LSI Corp..
    let's learn...

    Dec 21st, 2010 - 07:24 am - Link - Report abuse 0
  • ed

    yul --- are you German ? ..right !

    which are more harmful for humankind ?..Jews ?...Brits ?

    Dec 21st, 2010 - 10:02 am - Link - Report abuse 0
  • yul

    ....both...ed....both...

    if we gift the left driving BMW to Jews
    they take all cars except it's steering wheel !

    if we gift the left driving BMW to Brits
    they take only it's steering wheel except all cars !

    Dec 21st, 2010 - 11:09 am - Link - Report abuse 0
  • Zethee

    “which are more harmful for humankind ?..Jews ?...Brits ?”

    Germans.

    Dec 21st, 2010 - 06:16 pm - Link - Report abuse 0
  • Argie

    Rockhopper lied. They said they had struck oil and it was water. If they keep on drilling they may find Gruyere cheese in liquid form.

    Dec 21st, 2010 - 06:51 pm - Link - Report abuse 0
  • stick up your junta

    they may find Gruyere cheese in liquid form

    Well if they do, 1 thing is for certain, it wont belong to Argentinian

    Dec 21st, 2010 - 08:17 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    Argie, Rockhopper did find oil, desire found the water oil mix, shows how knowledgeable you are about the evil Islanders looting beloved Argentinas oil ;)

    Dec 21st, 2010 - 08:36 pm - Link - Report abuse 0
  • Beef

    yul ..... a BMW! We call them condom cars because they always have a dick inside them.

    Much prefer a Jaguar XF! A car for a refined gentleman who knows he has money and doesn't need to convince others.

    Argie - When did RKH say they found water. You are as thick as Master. Give up now.

    Dec 21st, 2010 - 10:07 pm - Link - Report abuse 0
  • Marcos Alejandro

    29 Beef , Jaguar? What a piece of engine junk!

    Dec 21st, 2010 - 11:39 pm - Link - Report abuse 0
  • Redhoyt

    “ ... The move follows a spectacular year for Rockhopper , which became the first, and so far only company among a group of explorers operating in the Falklands to announce an oil discovery at its Sea Lion prospect in May. That well was followed by a dry hole on the Ernest prospect and a series of disappointments from its partner in the region, Desire. Nevertheless, the Sea Lion success was enough to re-rate Rockhopper’s shares from around 58p to over 300p, with today’s news pushing them 4% higher to 330p....”

    http://www.newsonnews.net/business/6468-rockhopper-exploration-secures-drilling-slots-ahead-of-new-falklands-well-in-january.html

    The search continues ..... :-)

    Dec 21st, 2010 - 11:50 pm - Link - Report abuse 0
  • yul

    #29 Beef ...You could prefer each Mercedes...Audi...Porsche...Opel. ?

    Dec 22nd, 2010 - 08:37 am - Link - Report abuse 0
  • Beef

    Macros - I agree with you regarding the s-type but the XF is pure class!

    Yul - while I am in the Jag class there are only two cars that says you have real class and that would be either a Bentley or an Aston. Don't have a spare 300k at the moment!

    Dec 22nd, 2010 - 10:57 am - Link - Report abuse 0
  • ed

    Beef - I think that your £ antique car collection £ would be precious !

    Dec 22nd, 2010 - 11:55 am - Link - Report abuse 0
  • Beef

    GDR - what has that list got to do with the price of bread? Are you suggesting that because Ford sold more cars than say Rolls Royce that you would rather drive a Fiesta or a Ka?

    Do you drive a No. 18?

    Peace to all men at this time of year!

    Dec 23rd, 2010 - 12:08 am - Link - Report abuse 0
  • Think

    Fun…..Let’s see….I have had:
    A No. 1
    A No. 2
    A No. 5
    Two No. 6
    A No. 10
    Two No. 12
    A No. 13
    A No. 19
    A No. 21
    A No. 23
    A No. 26
    A No. 28

    OMG I was a consumerist !!!

    Dec 23rd, 2010 - 03:52 pm - Link - Report abuse 0
  • lsolde

    l loved my Chevrolet, pity l didn't(couldn't) bring it here.

    Dec 24th, 2010 - 10:09 am - Link - Report abuse 0
  • yul

    Beef must not insist on trucks like Jaguar , Aston, Bentley.
    their mechanic systems are faulty.#

    Dec 25th, 2010 - 08:29 pm - Link - Report abuse 0
  • Think

    Yul...... don't be unfair !......

    Jaguar's quality has improved enourmously since Indian Tata took over.

    Those Ex Gunga Din's have class :-)

    Dec 25th, 2010 - 10:05 pm - Link - Report abuse 0
  • yul

    Think ... when you buy a car you must check over it's axle system.
    you could drive Mercedes at every kind of roads but you could not BMW..
    which has any front problems !...both have back-wheel drive ( H ).

    largely , all ( F ) front -wheel drive car brands are problematic !
    not ideal...you must be very cautious when driving them .

    Japanese produce cars more serious than ours.

    Dec 26th, 2010 - 11:13 am - Link - Report abuse 0
  • Think

    (42) Yul

    You are comparing apples with pears…….

    But:

    For driving in most of Latin America’s rough routes, where you must be able to steer and brake without the assistance of 18 fragile microcomputers, drive 500 miles without refueling, repair it with some steel wire and chewed bubble gum (Tutti Frutti) and getting it unstuck from the worst places by yourself, with the eventual help of an ox, a donkey or a strong lama………….. nothing compares to a Lada Niva.

    http://www.youtube.com/watch?v=HS7NhmUzTMc

    http://www.youtube.com/watch?v=HS7NhmUzTMc

    http://www.youtube.com/watch?v=HS7NhmUzTMc

    Dec 26th, 2010 - 01:17 pm - Link - Report abuse 0
  • yul

    Think...you are true talking about off-roads drivings..
    they have few own ( drive-mechanic)categories too..

    Dec 26th, 2010 - 02:25 pm - Link - Report abuse 0

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