Falklands’ Rockhopper latest well strikes quality reservoir and samples of live oil

Friday, February 11th 2011 - 20:06 UTC

Full article 15 comments

A well drilled by Rockhopper Exploration off the Falkland Islands struck a good quality reservoir that bodes well for further development in the area announced the UK explorer in a release. Read full article

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Think
Chuckle Chuckle.......

“Falklands’ Rockhopper latest well strikes quality reservoir”
Meaning:
NO OIL in any commercial quantity (just stains and stuff :-)
Shares down 20% Today

Well……………………………………
First part of my prediction of the 23 January 2011 has come true…..
http://en.mercopress.com/2011/01/21/unilateral-facts
“175 Think
My prediction, (for what it is worth)…….

The current Rockhopper drill will be a duster. They have already built in the excuse by stating it to be: “Out of their self-proclaimed discovery zone”.

Next Rockhopper drill; “the appraisal” will be a long story with all the ingredients of a Brazilian Soap Opera: Sidetracks, Weather, technical difficulties………you name it.

They will finally downgrade Sea Lion to something between 100-150 Million barrels to keep interest alive for the rest of the campaign without risking jail sentences.”

Let’s keep our finger crossed for the fulfillment of the second part :-)
Feb 11th, 2011 - 09:07 pm - Link - Report abuse 0
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arquero
I don't think so ,the futile Malvinas drilling costs could be
compensated by fogyish Thatcher films' revenues !
Feb 11th, 2011 - 09:34 pm - Link - Report abuse 0
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Zethee
More copy paste please
Feb 11th, 2011 - 09:54 pm - Link - Report abuse 0
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mastershakejb
“While it was un-commercial on a standalone basis........”
ROFL
“While it was un-commercial on a standalone basis........”
ROFL
“While it was un-commercial on a standalone basis........”
ROFL
Feb 11th, 2011 - 10:20 pm - Link - Report abuse 0
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briton
Thats what they said about north sea oil.
when oil is found in the falklands
that will take the smirk of their faces
Feb 11th, 2011 - 10:27 pm - Link - Report abuse 0
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Billy Hayes
In a technical view RKH broke all supports, including mma200.

If you are bought prepare yourself to sustain heavy loses.

Perhaps 220pence is the next stop.
Feb 11th, 2011 - 10:57 pm - Link - Report abuse 0
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Be serious
My advice would be to simply wait and see.
Feb 11th, 2011 - 11:30 pm - Link - Report abuse 0
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Redhoyt
All sounds very complicated to me .... early days !
Feb 12th, 2011 - 12:17 am - Link - Report abuse 0
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Think
If hard luck your spirit is riling,
Just face the old world all a-smiling
Keep a stiff upper lip.
If your pocket is empty don't blow it,
If your feelings are wounded don't show, it.
If gloomy let nobody know it
Keep a stiff upper lip.
Feb 12th, 2011 - 12:28 am - Link - Report abuse 0
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Monty69
Very touching, Think, a beautiful poem and very good advice.
I'll bear it in mind, next time my pockets are empty and I'm feeling gloomy.
I don't expect it to happen any time soon, but thanks anyway
Feb 12th, 2011 - 01:05 am - Link - Report abuse 0
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Redhoyt
Billious, looking at the charts the share price less than 12 months ago was under one pound ... 220 would still be showing a good profit. I wish some of my shares were showing those results!!
Feb 12th, 2011 - 03:00 am - Link - Report abuse 0
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Be serious
In the coming decades when drilling for black gold is extended to our other South Atlantic and Antarctic territories, our stiff upper lips will be tested to the full but that will be due to the extreme cold - nothing else.
Feb 12th, 2011 - 10:14 am - Link - Report abuse 0
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Zethee
Im not sure anyone is going to touch Antarctia for a while...That will open a big can of worms which will probably lead to war between nations fighting over whats down there.

It will happen eventually. When it comes down to it i don't think anyone who currently has a claim will matter, it'll come down to whoever has the strongest navy, probably the US and China.
Feb 12th, 2011 - 10:38 am - Link - Report abuse 0
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yul
#Redboy..(11)
am I reading a quasi Beef comment..!!??
Feb 12th, 2011 - 10:39 am - Link - Report abuse 0
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briton
mind you the brits do have enough territory down their to explore for oil,
unlike some we could mention
Feb 12th, 2011 - 01:16 pm - Link - Report abuse 0
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