MercoPress. South Atlantic News Agency
Desire plugs Ninky well, plans to move to East Flank based on positive 3D
Falkland Islands Desire Petroleum reported Monday that it had completed the drilling of its Ninky prospect (2.620 metres) which showed the reservoir quality “is generally poor” and therefore the well will be plugged and abandoned, according to an official report released Monday. Read full article
Comments
Disclaimer & comment rulesBye bye Despair....................................
Apr 18th, 2011 - 03:16 pm - Link - Report abuse 0http://www.youtube.com/watch?v=TXXz6DW51m8
Hmmm .... now I wonder what the chances are of a merger/takeover ???
Apr 18th, 2011 - 03:20 pm - Link - Report abuse 0Has anybody told Beef?
Apr 18th, 2011 - 03:54 pm - Link - Report abuse 0Not seen him all day! I wonder if he knows?
“Desire Petroleum Drops to 7-Year Low After Abandoning Ninky Well”
http://www.bloomberg.com/news/2011-04-18/desire-petroleum-drops-to-7-year-low-after-abandoning-ninky-well.html
This cute blondie was so right :-))))))))))))))))))))))))
http://www.bloomberg.com/news/2011-04-18/desire-petroleum-drops-to-7-year-low-after-abandoning-ninky-well.html
Next Flopper?
Apr 18th, 2011 - 04:02 pm - Link - Report abuse 0Rockflopper!
“Disaster Petroleum finds oil”
Apr 18th, 2011 - 04:14 pm - Link - Report abuse 0”At last the plucky Falklands explorer has found some of the black stuff.
Unfortunately, it did’t find very much – two oil shows over a 1-metre section – and that means the game is almost up for Desire. The company has just £22m (or 6p a share) of cash left, which should just about cover rig demobilisation costs and the rest of its 3D seismic programme.”
Urinehopper is next.
Beeeeeeeeef where are youuu?:-))))
http://ftalphaville.ft.com/blog/2011/04/18/548241/desire-petroleum-finds-oil/
I love how they throw their money away...
Apr 18th, 2011 - 04:54 pm - Link - Report abuse 0I think the ENGLISH PIRATE hydrocarbons exploration is the best thing that's happened in recent years. No only the UK is already broke, they have a constant leak of funds right in Malvinas waters... haha
“is generally poor” like the future of invaded Malvinas
Apr 18th, 2011 - 05:13 pm - Link - Report abuse 07,
Apr 18th, 2011 - 05:58 pm - Link - Report abuse 0How time settles things... ;-)
It is good to see the people of a “peaceful” nation enjoy the failures of a small island community. Dont worry Argies, we would rather starve under your economic blockade than give up. But luckily that wont be an issue, we will get by fine, so you will your lifetime to enjoy our small failures, while we will enjoy the most important victory and that is choosing our own future.
Apr 18th, 2011 - 06:33 pm - Link - Report abuse 09,
Apr 18th, 2011 - 07:15 pm - Link - Report abuse 0You don't get to choose anything Brit, you're not a third party.
Take a look at your passport and tell me what it says, Brit.
“You don't get to choose anything”
Apr 18th, 2011 - 07:54 pm - Link - Report abuse 0Except that, they have chosen to stay with the UK. And YOU have no choise in anything.
YOU tell the UN Decolonization Committee and save US the trouble.
Apr 18th, 2011 - 07:57 pm - Link - Report abuse 0Tell them it's YOUR colony. ;-)
Failures Desire and Rockhopper remind me of UK's failing economy!
Apr 18th, 2011 - 08:32 pm - Link - Report abuse 0”YOU tell the UN Decolonization Committee and save US the trouble.
Apr 18th, 2011 - 08:54 pm - Link - Report abuse 0Tell them it's YOUR colony. ;-)”
No thanks. We'll just keep ignoring you. Works for us.
:-)
Come on lads... all together now!
Apr 18th, 2011 - 09:23 pm - Link - Report abuse 0OUR COLONY!!
HERE! HERE!
Bloody right it is... a colony.
Think/Martin/Marcos and shishkebab - lets have a bit of reality - something Arntines are no tgood at I agree.
Apr 18th, 2011 - 09:36 pm - Link - Report abuse 0Reality - bad bad news for Desire. May or may NOT be the end of the company. Evidence appears to show after 8-9 wells that intially folk were looking in the wrong area and to the east is more promising(hey its also further away from you buggers!). So Desire have 2 options once the results from their seasmic data are in: Go to the market for capital for a new drilling campaign - or seek a partner to take them over. All probably will be influenced by further testing by Rockhopper around Sealion.
I know little about the business, but I can see and understand commonsense logic(more than most of you can do). Little pioneer oil companies come and go - and they will continue to do so. One would hope that sensible investors covered their initial stakes when shares were high - if they did not - then tough bad luck - welcome to the world!
13- check you facts - how can Rockhopper be failing - it HAS found good oil idiot! Check it out on the trade vetted web sites.
Several other companies scheduled to start exploratory drilling over the next 6 - 9 months as well.
As I said to Think some time ago- lets wait until say the end of 2011 - only then will we really have a good idea of where it is all going- and that is reality.
The other reality is that although some oil revenue would be very nice-VERY nice I agree as it would remove Argentina from the picture permanently - we actually manage not to bad without it anyway.
Other reality - whatever you say, at the end of the day the Un will back the principle of selfdetermination - yes they may call on both sides to talk , but that is where their remit ends. If talks are pointless because all one side wants to discuss is the date of sovereign territory takeover - then there will continue to be - no talks.
Islander1 on damage control... lol
Apr 18th, 2011 - 09:55 pm - Link - Report abuse 0“it HAS found good oil idiot!”
How much oil genius? Talking out of your ass as usual.
I notice that in the din of the Argentine crowing....they have missed out the successes of Rockhopper, so 1 oil company has found oil, one hasn't 50% success rate so far, and they still haven't even finished exploring :)
Apr 18th, 2011 - 10:06 pm - Link - Report abuse 0What is Argentinas Malvinas basin exploration find so far.....eeer.... they haven't even got out of port because the British equipment they had to use offended the sensibilities of Argentina's federal lunatic asylum......the entire region of Patagonia :)
17 Martin fuckwitt....He's talking about Rockhopper, which has found good oil.... in significant quantities....ahem! care to eat your words then :)
PS didn't know oil exploration was meant to automatically equal profit, what planet your living on? clearly one not close to earth LOL nugget brain!
Don't have to eat anything... f@ckhead, I know he was referring to Rockhopper, which haven't found DICK in Malvinas, nothing in significant quantities... nothing that would justify the expense, let alone equal profit.
Apr 18th, 2011 - 10:16 pm - Link - Report abuse 0“oil exploration was meant to automatically equal profit”
Says who? You clowns? Why don't you pass that along to the share-holders?
Imbecile
Martin - you show your lack brains in your quick abuse- the only thing you know about really. Look at the facts available - Rockhopper have found good quality oil and a promising reservoir - as yet they cannot say for sure if commercially viable as a stand-alone field - but signs from their first appraisal drill were promising. That is WHY they have several more to drill dimwit!! Only then will we all know.
Apr 18th, 2011 - 11:09 pm - Link - Report abuse 0Dont forget that not all Desire,s drill were dry - several had oil shows - hence the leaning towards “it was there - it appears to have moved somewhere” - therefore where? - evidence suggests it may be to the east a bit. But who really knows, there is along way to go yet - one thing we all know- You do not know!
Islander1, Rock who?
Apr 18th, 2011 - 11:40 pm - Link - Report abuse 0Interactive Investors
Rockhopper(Urinehopper) will die too
“It will be a long and convulated death. No-one is gonna be interested in farming in to a single discovery of 200mbbls with zero infrastructure. It is not commercially viable doesn't matter what the anoraks say.
This is not a serious investment.”
“You have lost 50% on RKH in a few months. 380p to 233p. Remember the ”retirement drill“. Absolutely pmsl........
Never laughed so much in ages.”
:-))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))
Goodnight all. Don't have nightmares lol!
Martin, Once again- read facts and reality please! Correct 200mb or so is probably not attractive on its own - but until the rest of the appraisal wells are drilled NOBODY KNOWS - if it will stick an that figure - or go UP to a viable stand alone figure. Thats why -worldwide - they are called APPRAISAL wells stupid!
Apr 19th, 2011 - 01:13 am - Link - Report abuse 0I have not lost anything on RKH nor Desire actually - covered my initial purchases by earlier sales at good prices and my current holdings make no odds to my pcket which way they go! Nice if its up long term but no loss to the pocket if its down.
You are the one who is lacking in knowledge!
Chill out boys, the oil's been there for millions of years so there's no hurry...and no big deal some of the exploration companies don't make it so jeer all you want, let's just see who has the last laugh eh?
Apr 19th, 2011 - 01:35 am - Link - Report abuse 0;-)
No wonder the new Director of Mineral Resources has a long face.
Apr 19th, 2011 - 02:16 am - Link - Report abuse 0http://en.mercopress.com/data/cache/noticias/31073/0x0/stephen-luxton-.jpg
Interesting, Stephen Luxton apparently, after today news, removed is occupation from his “Bogmoster” blog :-(
Used to say until yesterday: “Occupation: Dust extraction”:-)))
http://en.mercopress.com/data/cache/noticias/31073/0x0/stephen-luxton-.jpg
most of the explorers are expecting to make new drills in the following months, it is unwise to think that averything has been said. Nonetheless, i wish they all rot in the bottom of the atlantic
Apr 19th, 2011 - 02:43 am - Link - Report abuse 0LMSA
(24) Marcos Alejandro
Apr 19th, 2011 - 04:48 am - Link - Report abuse 0Just checked… You are right!
His ”Occupation”: Dust Extraction ………is gone.
So are his ”Interests”:………….. Bombing around!
That means that his Daddy reads your comments and that Junior has been “disciplined”.
Marcos: You should consider billing the FIG(leaf) for your valuable advice…….
You could even become a “Usefull Consultant” for them.
As Stephen Luxton is for the Oilies ………..
22 Islander1, you imbecile of a Kelper... what '200mb'? I said nothing of the sort.
Apr 19th, 2011 - 05:55 am - Link - Report abuse 0And cut the crap... you guys are so stupid you wouldn't hit a lake of oil if you were standing on the bottom.
Stick to what you're good at, sheep.
Islander1... last known photograph:
http://images.buycostumes.com/mgen/merchandiser/32164.jpg
His ”Occupation”: Dust Extraction ………is gone.
Apr 19th, 2011 - 06:45 am - Link - Report abuse 0So are his ”Interests”:………….. Bombing around!
Jees another great leap in the Argentine “ recovery” of the Falklands :-)))
Martin Martin.....once you've finished playing Rambo with the keyboard :)
Apr 19th, 2011 - 06:46 am - Link - Report abuse 0You may please look at the facts in a calm collected manner, I know that being a religiously fanatical Malvinist means that you must deny all the facts....
But the truth is....Rockhopper have found oil, the original estimate was 170 million barrels of oil, it has now been revised up to 400 million barrels of oil....that is quote a bit more than “haven't found DICK” LOL, you fail in so many ways its hilarious XD
@15 Martin_Fierro, what business is it of yours or your silly country's if we are a colony or not? We do not have to conform to anything that you say. We will have whatever type of government that we like. lf we want to be a colony then we will, with no input from you. Butt out, comrade.
Apr 19th, 2011 - 09:15 am - Link - Report abuse 0Hope we find lots of oil just to upset you & your countrymen.
Martin- sorry, I apologise- it was the other arse whose name begins with an M who mentiuoned 200mb! Both the same type though- live in fantasy land and refuse to accept reality.
Apr 19th, 2011 - 10:14 am - Link - Report abuse 0TWIMC
Apr 19th, 2011 - 11:09 am - Link - Report abuse 0Just to correct a little and surely involuntary error by a Sassenach poster at (29)
He says:
But the truth is....Rockhopper have found oil, the original estimate was 170 million barrels of oil, it has now been revised up to 400 million barrels of oil....that is quote a bit more than “haven't found DICK”
I say:
But Rockflopper’s version is…… Rockhopper says it has found oil, the original estimate was 242 million barrels of oil(1), later reduced by a Competent Person’s Report by a factor in the region of 30% to ~170 million barrels of oil(2), and lately revised down again after their first appraisal well to ~155 million barrels of oil(3)....
(1) http://www.rockhopperexploration.co.uk/pdf/Sea_Lion_tech_update.pdf
(2) http://www.rockhopperexploration.co.uk/pdf/Sea_Lion_tech_update.pdf
(3) http://www.rockhopperexploration.co.uk/pdf/Sea_Lion_tech_update.pdf
I just checked my Passport Martin, says I was born in Stanley, Falkland Islands and that I am British. That must mean I have exercised, along with other Falkland Islanders, the right to self-determination.
Apr 19th, 2011 - 12:01 pm - Link - Report abuse 0I fail to understand how people like Martin believe they have more right to the Falklands than people like me. I was born here and 6 generations of my family before me as well. I live here. I will raise my family here. Martin has never visited and has even stated that he has no interest in living here. But of course, through fantasty and Argentine propaganda, he has more right to the Falklands than the Falkland Islanders! Its outrageous, and they cant even see it through all the lies and indoctrination. In the end it doesnt matter because the Falklands will be British until we say so.
(33) M-of-Fi
Apr 19th, 2011 - 01:40 pm - Link - Report abuse 0You say:
“I fail to understand ........................... ...............................................”
I say:
You got as much “rights” over the Malvinas as millions of other “Foreign born British Subjects” like you have over vast territories in America, Africa, Asia and Oceania…..................................:
Zero, nix, egg, nothing, aught, nil, nothing, zilch, zippo, goose, nada, null, nought……......................................
Comprende ahora?
http://www.economist.com/node/18561075
Apr 19th, 2011 - 02:14 pm - Link - Report abuse 026 Think, Apparently the FIG(leaf) not only funds MercoPress, they read their own lies as well. I guess they told Stephen Luxton that ”Occupation”: Dust Extraction and ”Interest“ Bombing around, doesn't look very professional for such a position of ”Director of Mineral Resources”
Apr 19th, 2011 - 03:05 pm - Link - Report abuse 0About becoming a “Usefull Consultant” for them, I am not so sure the Luxton Family and Lewis Clifton will welcome that :-)
“Another duster for Desire Petroleum at Ninky”
“How unlucky can a company be! Must be bad karma or something! RNS issued this morning that Desire's Ninky 14/15-3 is a duster with a poor reservoir quality and the well has been plugged and abandoned”
http://contrarianinvestoruk.squarespace.com/posts/2011/4/18/another-duster-for-desire-petroleum-at-ninky-1415-3.html
Beeef, jambhala says hello :-))))))))))))
Giggle giggle gurgle splutter.....just to correct a little and surely involuntary error by Bingham (32)
Apr 19th, 2011 - 05:25 pm - Link - Report abuse 0He has an inherit need to say:
”Rockflopper’s version is…… Rockhopper says it has found oil, the original estimate was 242 million barrels of oil(1), later reduced by a Competent Person’s Report by a factor in the region of 30% to ~170 million barrels of oil(2), and lately revised down again after their first appraisal well to ~155 million barrels of oil(3)“
But obviously innocently forgets to mention that the 150 mmbl recoverable refers to their appraisal well.......
Giggle Giggle gurgle splutter....
As for the rest of you degenerative inbreds hee de hee ho ho.....You did realise Desire still have enough funds for 6 more drills and that BHP, Argos, FOGL, SBP are still to play their hands in the Southern Basin?......No? I not surprised, as to put the eloquence of Moron Fuckwitt with his obsession of male phalicies...you know ”DICK” about the Falklands
Giggle Giggle.....
More Crap do produce the evidence of this magical bank a/c from the FIG to Mercopress..
Although even it is true...its still quite hillarious, as it shows you can't even control propaganda from a tiny rebel province ho ho ho :)
Rhaurie-Crogwell you can't even control your kids in your own capital.
Apr 19th, 2011 - 05:54 pm - Link - Report abuse 0http://www.dailymail.co.uk/news/article-1337088/ROYAL-CAR-ATTACK-Mob-attacking-Charles-Camillas-car-lucky-shot.html
@38
Apr 19th, 2011 - 06:04 pm - Link - Report abuse 0and you cant feed yours
http://www.bbc.co.uk/news/world-latin-america-12973543
But you can dump tons of fish Fnar Fnar giggle
http://www.bbc.co.uk/news/world-latin-america-12973543
Quercia explained that after the one-week strike that the Fish Industry Workers’ Union held in Mar del Plata, where the port was shut down and tons of fish were left rotten,
#35/
Apr 19th, 2011 - 06:04 pm - Link - Report abuse 0The Economist article's caricature tells everything ;
Drunk = Distract = Brutus = Perversion
Chuchle chuckle
Apr 19th, 2011 - 06:04 pm - Link - Report abuse 0Can't you read English, Sassenach……….
The 155 mmbl recoverable refers to the whole ”so called” discovery area of 22 km2.......
I quote from Rockflopper's own Webpage:
”Rockhopper Exploration plc, is pleased to provide the following technical update on its Sea Lion Discovery:
Management interprets new low case area of 22km2 with stock tank oil initially in place (STOIIP) of 516mmbbls giving 155 mmbbls recoverable at 30% recovery factor.”
AND……..it is still ONLY Rockflopper telling the world how much OIL they have found.
NO outside confirmation yet…………..
The market knows this, it’s getting nervous and the share-price reflects this………….
And: DES HAVE NO MORE MONEY!
And: BHP IS OUT OF MALVINAS!
And: WHO THE HECK IS SBP?
Educate yourself Sassenach
Aussie@39 “Severe poverty affects 1.6m UK children, charity claims”
Apr 19th, 2011 - 06:28 pm - Link - Report abuse 0http://www.guardian.co.uk/society/2011/feb/23/poverty-save-the-children
[] 40 -- no brutus ..just bipartite undermining tactic .
Apr 19th, 2011 - 07:05 pm - Link - Report abuse 0@42
Apr 19th, 2011 - 07:24 pm - Link - Report abuse 0Did you read the article? they could be worse off living on $8 a day in Argie land
The government's survey defines severe poverty as a household with half the average income – for a family of four this would be pay of less than £12,500 – and also suffering from material deprivation. For example, they might not be able to pay for repairs to appliances or afford insurance
http://en.mercopress.com/2011/04/18/an-estimated-40-of-argentine-live-on-less-than-8-us-dollars-per-day
33 M_of_FI,
Apr 19th, 2011 - 07:26 pm - Link - Report abuse 0That's interesting, what does it say on the cover?
Mine says REPUBLICA ARGENTINA, that would be my nationality.
How about yours? ;-)
#44.. stick upyour junta /
Apr 19th, 2011 - 07:55 pm - Link - Report abuse 0Did you read my comments ; (# 8 ),(# 10 ) at related article ??!!
45 continued
Apr 19th, 2011 - 07:58 pm - Link - Report abuse 0It's not just what we think or what say, it's how this looks from the perspective of a decolonization committee.
And the real question is. How long will the UN maintain its double standards?
They jump to the chance when it comes to bombing someone if it's in the best interest of those with the most influence, but they take years to enforce anything that isn't convenient. Even when the case is BLATANTLY OBVIOUS such as the case of Malvinas and its British colony.
BLATANTLY OBVIOUS such as the case of Malvinas and its British colony.
Apr 19th, 2011 - 09:15 pm - Link - Report abuse 0Well if its that “ BLATANTLY OBVIOUS” take it to the ICJ
It's a simple case of decolonization, what the hell does your stupid ICJ have to do with it?
Apr 19th, 2011 - 10:32 pm - Link - Report abuse 0That's the UN Decolonization Committee's role.
They can bomb the crap out of a country but they can't resolve this issue peacefully, that's how corrupt and ineffectual they are.
Martin - simply because the ICJ is where the real decision would lie- the UN 24 can ask and request sides to negotiate - there the Committee,s power ENDS. The General Assembly can do the same - but it also has to accept that all peoples have the right of selfdetermination -its in the basic constitution of the UN - as the UN recently declared for Kosovo. Once again some of you need to climb down fram fantasyland and accept reality.
Apr 20th, 2011 - 12:25 am - Link - Report abuse 0Funny you say that, self-determination groups are excluded from direct participation in ICJ cases. How do you feel about that?
Apr 20th, 2011 - 02:34 am - Link - Report abuse 0Maybe you are right, maybe Argentina should take it to the ICJ, you and your bullshit propaganda of 'self-determination' wouldn't even be mentioned.
Maybe you are right, maybe Argentina should take it to the ICJ,
Apr 20th, 2011 - 06:52 am - Link - Report abuse 0you've got to ask yourself one question: Do I feel lucky? Well, do ya, punk?
“On May 4, 1955, Great Britain submitted a unilateral application instituting proceedings before the Court against Argentina and Chile. However, since neither of the defendant states were subject to compulsory jurisdiction the application was finally rejected.” http://lawdigitalcommons.bc.edu/cgi/viewcontent.cgi?article=1518&context=iclr&sei-redir=1#search=%22malvinas+decolonization%22
Apr 20th, 2011 - 08:34 am - Link - Report abuse 0I don't know what you're so cheerful about, basically Argentina told you to f@ck off. It would be like Argentina serving you with a court order to appear at a court of our choosing, preferably one founded in South America. What would you say? No, thanks.
I take it the idea was to kill two birds with one stone? Malvinas and Antártida, reason why Chile was served with the same order. Chile somehow forgot.
The UK also submitted a claim on 1 million km² of Antarctica, otherwise known as Antártida Argentina and/or Chilena. At which point both Argentina and Chile united against the UK by submitting its own joint claim. Still, Chile grants you access to port. http://lawdigitalcommons.bc.edu/cgi/viewcontent.cgi?article=1518&context=iclr&sei-redir=1#search=%22malvinas+decolonization%22
If Chile isn't the absolute pinnacle of stupidity, it would have to be the Kelpers.
The issue is not about 'self-determination', the issue is about sovereignty, the UK claims sovereignty over Malvinas, not the Kelpers. Since self-determination groups are excluded from direct participation in ICJ cases only states may be parties, the UK and Argentina.
This is purely a question of legality, that is the core issue. It would be interesting to study what the facts were in 1955 and what the facts are now.
Be careful what you wish for, Kelpers.
@34 Think, thats only what you say. We say, you have NO RIGHTS in the Falklands & we have ALL THE RIGHTS. lf you don't like it, tough luck for you.
Apr 20th, 2011 - 09:41 am - Link - Report abuse 0@53 Martin_Fierro, rave on fool. see above remarks, You have no rights here either.
Martin - a rather critical erro in 53- “Uk claims Sovereignty” - No actually the UK and the Falklands people HAVE Sovereignty. You folks jump up and down claiming it. We have the right of selfdetermination under the UN Charter - and as we are a tiny population under threat from a big bully neighbour we are happy for UK to hold Sovereignty in our name. That is reality.
Apr 20th, 2011 - 10:00 am - Link - Report abuse 0Antarctica is totally different and a seperate case. And reality there is both you and Chile would prefer it as it is and frozen under the Ant Treaty rather than say UK or one or the other of you having the lot I suspect! All each of the 3 has done recently is protect their case by filing for seabed etc - and all 3 know that as its disputed it will stay as it is.
Says who? You? ..sheep fart.
Apr 20th, 2011 - 10:01 am - Link - Report abuse 0“At which point both Argentina and Chile united against the UK”
Apr 20th, 2011 - 10:05 am - Link - Report abuse 0And yet every other nation who has a claim down there supports our one.
“Since self-determination groups are excluded from direct participation in ICJ cases only states may be parties, the UK and Argentina. ”
And yet the last ICJ case was in favor of self determination.
The ICJ is the only option argentina has but your government wont go there because your nation knows it's a loosing battle.
55,
Apr 20th, 2011 - 11:09 am - Link - Report abuse 0“No actually the UK and the Falklands people HAVE Sovereignty.”
You replied with the same moot, stupid response you always reply with... 'uh... no! we have sovereignty!'.............................what's that supposed to prove?
57,
“And yet the last ICJ case was in favor of self determination.”
What case?
Post a link.
http://www.icj-cij.org/docket/files/84/6949.pdf?PHPSESSID=760c38047299154c1f1e765a1e9f18f2
Apr 20th, 2011 - 12:22 pm - Link - Report abuse 0para 29
http://www.icj-cij.org/docket/files/84/6949.pdf?PHPSESSID=760c38047299154c1f1e765a1e9f18f2
paras 52 and 53
http://www.icj-cij.org/docket/files/84/6949.pdf?PHPSESSID=760c38047299154c1f1e765a1e9f18f2
paras 54 - 59
@56 open your eyes Martin, who is it that lives and works in the Falkland Islands? raise the children in the Falklands? pays their taxes? elects their government? we do, and under whose flag do we do that?
Apr 20th, 2011 - 12:56 pm - Link - Report abuse 0Britain does have sovereignty of the Falklands, you don't. You can bluster all you want about the UN or whatever else if it makes you feel big and important, do keep doing so, it's amusing to watch your futile posturing :-)
60,
Apr 20th, 2011 - 01:18 pm - Link - Report abuse 0You just said “it's a nice day, Union Jack's flying proudly, How's it in Argentina?”
#21 http://en.mercopress.com/2011/04/19/argentina-joins-manufacturing-of-brazil-s-kc-390-jet-powered-military-transport
Obviously you do all of that under... the Union Jack??
Get a grip man... you go back and forth like a f@cking pendulum, seriously.
Nothing he's said is contradictory... I assume you're pulling at this because you believe you have some sort of point, But you don't.
Apr 20th, 2011 - 01:27 pm - Link - Report abuse 0- under whose flag do we do that?
- Britain does have sovereignty of the Falklands
- Union Jack's flying proudly
None of these statments are logically incompatible.
hahaha... ok Zethee, whatever you say...
Apr 20th, 2011 - 01:29 pm - Link - Report abuse 0You guys are... unbelievably stupid
lol
Chau
Prove me wrong.
Apr 20th, 2011 - 01:38 pm - Link - Report abuse 058- Martin, sorry you are the arse! I and others talk reality - that thing a number of Argentinians have never heard of! You talk pure fantasy and distortions. as 64 says - prove and show that we do NOT have sovereignty.
Apr 20th, 2011 - 09:19 pm - Link - Report abuse 0The beginning of the end for the British thieves.
Apr 20th, 2011 - 11:39 pm - Link - Report abuse 0Bye bye, chauuuuuuuuuu...
“Desire Petroleum warns it has 'insufficient' cash”
http://www.independent.co.uk/news/business/news/desire-petroleum-warns-it-has-insufficient-cash-2269724.html
Marcos, that is stale news chump. They have not got the cash to drill again at the moment. The have the cash to continue with seismic work and their share of the overall operations. Depending on the results of their seismic work and further drills nearby by Rockhopper they can- if their seismic results are good - try and raise cash themselves- or seek a partner to buy them. As yet they are NOT finished. That is a fact - like it or not - down yes, but not out.
Apr 20th, 2011 - 11:52 pm - Link - Report abuse 0Islander1, Maybe you should use Des(aster)Chairman Stephen Phipps head to plug the next failure. I'm sure his head would be big enough if is not use the other Stephen for that, a bit larger:-))))
Apr 21st, 2011 - 12:37 am - Link - Report abuse 0--------------------------------------------------------------------------------
Oil Voice magazine casts doubts on Rockhopper Sea Lion discovery commerciality. Check it out, very interesting!
Apr 21st, 2011 - 03:01 am - Link - Report abuse 0Summary
http://www.oilvoice.com/n/Insight_Disappointment_in_the_North_Falkland_Basin/4312ee91b.aspx
Extended article
http://www.oilvoice.com/n/Insight_Disappointment_in_the_North_Falkland_Basin/4312ee91b.aspx
enjoy!
TWIMC
Apr 21st, 2011 - 03:38 am - Link - Report abuse 0Yet another nail in the ”British Pirate’s Oil Exploration” coffin in the South Atlantic.
I quote from the above linked article (thanks Mr. JB):
”Despite brave words about it being early days in the exploration campaign, much having been learned and so on, the success rate - which over the two campaigns in the North Falkland Basin (NFB) is now worse than 1 in 10 for a possibly commercial discovery - is disappointing in comparison with other recent campaigns elsewhere in the South Atlantic such as those in Angola, Ghana and the Brasil sub-salt where profound understanding of petroleum systems and extensive 3D seismic data have been exploited to deliver success rates in excess of 50 or even 75%.”
Chuckle chuckle………
This proverbial coffin has so many nails in it now it's ceased to be a coffin and now resembles a lump of metal.
Apr 21st, 2011 - 04:58 am - Link - Report abuse 0But, it hasn't sunk.. Something must be wrong.
@60,Westy, why bother with these retards. They live in fantasyland. lt must be a huge blow to their Latin pride that they finally realise that they will never own the Falklands. Finding any oil at all will annoy them even more! ln that case l hope we find squillions of it.!!!!!!! l think the day that there's a gusher, my computer will go onto overload & melt with the postings from Argentina!!
Apr 21st, 2011 - 09:25 am - Link - Report abuse 070,
Apr 21st, 2011 - 09:35 am - Link - Report abuse 0I can just see the Kelpers, staring at the sky with dreamy eyes... “...success rates in excess of 50 or even 75%” echoing in the background.
A sheep farts really loud and it's back to reality.
Hello everyone!
Apr 21st, 2011 - 01:04 pm - Link - Report abuse 0thanks for all the kind replies. The article is critical of the low successs rate but what it is more interesting is how it streesses that the Sea Lion discovery may not be commercially viable.
“The difficulty with waxy crude is that it can have a tendency to turn solid en route from the reservoir to the processing facilities, in a pipe-line and so on. The technology to overcome this problem, including the injection of chemicals, lighter oils and the heating of flow/pipelines, exists and has led to successful production throughout SE Asia and in Cairn’s Rajasthan operations, for example. Deployment in a remote, hostile, cold water environment may be trickier; reduced flow rates and recovery factors and significantly increased development and operating costs should be anticipated.
Basic economic analyses published by the companies involved in exploration of the North Falkland Basin demonstrate a discovery with 400 million barrels of reserves could be commercial, given per well flow rates in the range 7000-10000 bopd. These are significantly higher both than that proven so far - the latest Sea Lion well was believed to be theorectically capable of 2700bopd - and those from the best analogue to the emerging NFB province, namely Cairn Energy’s production in Rajasthan. Thus a key question is whether the flow rates observed so far are the result of equipment limitations or related to the waxy crude itself.”
Very interesting!!
bye
Interesting article JB.
Apr 21st, 2011 - 02:44 pm - Link - Report abuse 0Islander1, Investor comment:
“Desire & Raping Shareholders”
“I've seen alot of talk over the last few day's about who is to blame for the demise of Desire Petroleum. And now on top iof that people are talking about how to research and what they have invested in over the past 10 years etc.
Let me help you understand a little bit about the people who run this business. Why is this important? Because investing in businesses is as much about the people who run them as anything else.
Aside from the recent disastrous drilling campaign, which as highlighted by stu55, smacked of ineptitude and arrogance, Desire have a history of looking after Nos.1 and nobody else..........
This company have over the past 12 years paid it's direct family over £10m in consultancy fees. Phibbs and his sister have sat on their pompous backsides and reeled off invoices on a monthly basis, to the tune of circa £50K per month for a dozen years!! And that is just those two. Without looking after their mates that is!
Now, this coupled with the fact that Desire was originally started on MINIMAL investment from the Phipps clan is what really stinks.
If any of you 'investor's' had taken the time to look, you would see that under the origional AIM Admission Document, the Phipps family actually committed NONE of their own money to starting the company. They have taken millions from the City and in turn private shareholders.
Please, go and do some research on the people that run this company. They have never had any real interest in finding oil in the FI. They were and never have been committed to their shareholders. Why would they? DESIRE never put any money in.
DYR. And then look at companies that have actually risked some of their own money and have their balls on the line too. Because DES and the Phipps family have never risked anything personally and that is what stinks the most about these people”
(75) Marcos Alejandro
Apr 21st, 2011 - 03:06 pm - Link - Report abuse 0And this beautifully simple “Oil Ponzi Scheme” from that noble pioneer, Mr. Phipps and his “Desire”, was later imitated by other nice people like FOGL, BOR, RKH and ARG.
Funny thing is that everybody commenting here is in for the long term but curiously they also have “hedged” at the right moments…………
Seems to be that nobody is losing money!
Those Bruts are some “Finance Geniuses” they are!
Think, Have you seen that expert PhD Beef?
Apr 21st, 2011 - 05:39 pm - Link - Report abuse 0Beef and Garbled are missing and many angry investors are looking for them.
74 JB,
Apr 21st, 2011 - 08:37 pm - Link - Report abuse 0I didn't know about wax crude, very interesting... indeed.
@74JB, Thank you for your information JB.
Apr 21st, 2011 - 09:33 pm - Link - Report abuse 0Commenting for this story is now closed.
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