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Falklands oil company spuds new well and has four more lined up

Tuesday, May 3rd 2011 - 23:04 UTC
Full article 40 comments

Rockhopper Exploration has spudded the next appraisal well on the Sea Lion oil discovery in the Falkland Islands’ waters. Drilling began on the 14/10-5 appraisal well on May first 2011. Read full article

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  • Think

    Ohhhh yeahhhhhhhhhhhhhhhhh
    The Malvinas oil market is Hot, Hot, Hot with these news….

    ARGHHHOS RESOURCES: Down 0.41% to 30p
    BORDERS & SOUTHERN DISCOMFORT: Down 3.70% to 65.00 p
    DESPAIR PETROLEUM: Down 5.56% to 12.75p
    FALKLANDS OIL AND GAAAAS LTD.: Down 5.78% to 69.25p
    ROCKFLOPPER EXPLORATION: Down 0.11% to 237.75p

    May 04th, 2011 - 01:57 am - Link - Report abuse 0
  • Redhoyt

    At those prices FOGL & Rockhopper may be worth a punt :-)

    May 04th, 2011 - 05:11 am - Link - Report abuse 0
  • Beef

    Think - why on earth would you expect to see a price rise on spud news? Investors know that it will be 20-40 days before any news emerges from this appraisal well. Plenty of money to be made elsewhere in that period.

    You Communists should stick to things you are good at. Now if you had any common sence you would stick a couple of grand on RKH ad a low risk punt while putting a smaller amount on BOR and FOGL ahead of the drilling later this year and at the beginning of 2012.

    May 04th, 2011 - 06:00 am - Link - Report abuse 0
  • geo

    [] mate Beef
    don't insist on these worthless islands vainly....
    i recommend to you.....http://www.tagoil.com/

    May 04th, 2011 - 09:29 am - Link - Report abuse 0
  • Marcos Alejandro

    Beef you are alive! After the disaster at Ninky I thought that you and your friend Garbled escape to Abbottabad.
    Urinehopper is down again...so far -3.58%.

    May 04th, 2011 - 03:25 pm - Link - Report abuse 0
  • Think

    Oooooops………………….

    ARGHHHOS RESOURCES: Down 0.95% to 29.75p
    BORDERS & SOUTHERN DISCOMFORT: Down 3.08% to 63.00 p
    DESPAIR PETROLEUM: Down 0.00% to 12.75p
    FALKLANDS OIL AND GAAAAS LTD.: Down 5.42% to 65.50p
    ROCKFLOPPER EXPLORATION: Down 3.79% to 228.75p

    May 04th, 2011 - 05:19 pm - Link - Report abuse 0
  • Beef

    Oh Marcos, you underestimate me. Unlike you I have something called a career. This requires me at certain times to ignore other activities and focus on the task at hand. As a result I have been elsewhere and will be spending next week in Turkey; needs must but a day off in Istanbul is worth it.

    Yep, markets down two days in a row. Think why don't you also talk about the other companies that have lost value over the last 48hrs???? My holding in DES is fairly small and as we have discussed before, i was fully de-risked in DES with a short (guaranteed stop in place) and a few ins and outs at nearly the right times. RKH can dip all it wants for the net two weeks and a cheeky top up is on the cards is dips below 220p and again at 210p (the limit buys are already placed). Will then sell 50% of these new buys when the news comes in :-) ££££

    Specialist well testing kit on board and an interesting aim to investigate the hydrocarbon column and reservoir distribution. This is music to my ears, much like the Adhan at the Blue Mosque.

    May 04th, 2011 - 06:18 pm - Link - Report abuse 0
  • yul

    # Beef !
    Ok ! you tell perfectly...BUT ..You can't make [short trade] lonely ..notably at stocks !..you must have big organization .

    I don't know Adhan but I know Blue Mosque at Sultanahmed Square.
    there is historical “Sultanahmed Köftecisi” to eat rissole-,yummy/cheap.

    I know U are very thrifty man !

    You may eat grilled fish/bread sandwich at Bosphour's portable boats
    also ...cheaper. ! or you may prefer “” kokorech“” ( which EU wants to
    forbid it)..but it has magnificient taste...Kebaps are expensive in Istanbul.

    May 04th, 2011 - 07:41 pm - Link - Report abuse 0
  • Beef

    Yul - The Adhan is the call to prayer (hence the music to my ears comment). I will be taking a boat trip on the Bosporus on Sat next week. First time in Turkey but looking forward to hunting for some restaurants!

    Everything is expensive in Istanbul. Especially the hotels!!!

    Anyone can place a short. Simply open up a spread bet account and you can take a long or short position. I advise CMC markets as I like their iPhone app. I don't make a habit of this but it is useful for a covering position if you are in possession of actually equities on a volatile stock in the run up to news/results.

    Open up a practice account if you wish.

    May 04th, 2011 - 09:09 pm - Link - Report abuse 0
  • Marcos Alejandro

    9 Beef“Everything is expensive in Istanbul. Especially the hotels!!!”
    Especially for a poor British investor that is loosing his rear end pumping water from Malvinas :-))))))

    May 05th, 2011 - 02:57 am - Link - Report abuse 0
  • Beef

    Since when are RKH pumping water. Come on thicko, enlighten me! Since when have I been poor?

    May 05th, 2011 - 06:06 am - Link - Report abuse 0
  • Redhoyt

    There are rich investors and there are ex-investors, there are no 'poor' investors ...... :-)

    May 05th, 2011 - 06:08 am - Link - Report abuse 0
  • yul

    # (Bearish) Beef

    thanks..I'll try practice account
    don't forget to buy gold /earring/necklace as gift to your wife..
    prices starts from -100 $.....up to 1000$.

    I went to Turkey in many times,my aunt has a villa in Bodrum where
    resort town at Aegean shores..I'll go to visit this July !

    #10 Marcos..

    There are ~ 200.000....300.000 British who located and have
    villas and resort towns at south-west shores of Turkey ..one of them is Kalkan...I had toured by car and I saw my eyes...

    May 05th, 2011 - 09:15 am - Link - Report abuse 0
  • Think

    Oooooops again………………….

    ARGHHHOS RESOURCES: Down 2.94% to 28.88p
    BORDERS & SOUTHERN DISCOMFORT: Down 0.79% to 62.50 p
    DESPAIR PETROLEUM: Down 3.92% to 12.25p
    FALKLANDS OIL AND GAAAAS LTD.: Down 4.58% to 62.50p
    ROCKFLOPPER EXPLORATION: Down 6.45% to 214.00p

    May 05th, 2011 - 03:59 pm - Link - Report abuse 0
  • Marcos Alejandro

    UrineHopper down 6.45%
    Another pi ss poor performance for the ”oil(water) province”

    May 05th, 2011 - 06:31 pm - Link - Report abuse 0
  • Beef

    Well done Marco and Think, you can read. Looks like the Argentine education system is improving.

    My 220p limit buy was tripped at 218p. Just want the price to dip below 210p for the next one to get hit.

    Feel sorry for anyone in Lloyds (ouch).

    Now if you want to make a quick buck then set your purchase targets and sell 50-60% of your new purchase to de-risk some of your initial investment. Plenty of cheap mining options available after the last three days of red.

    Beef is loving it. Like the Christmas sales have come early :-)

    May 05th, 2011 - 06:55 pm - Link - Report abuse 0
  • Marcos Alejandro

    Yes your loving so much that you can't afford a hotel in Istambul :-))))))

    May 05th, 2011 - 07:48 pm - Link - Report abuse 0
  • Beef

    Marcos - I said they where expensive not that I couldn't afford them. You are seriously mentally subnormal. Anyway, I am not the one paying, my employer is. Even better when it is free. The few grand I have saved goes straight on my investing hobby.

    How are the trains in Argentina, I hear they have been scorching recently?

    May 05th, 2011 - 08:34 pm - Link - Report abuse 0
  • stick up your junta

    Istambul ?

    http://www.bbc.co.uk/news/world-latin-america-13262090

    May 05th, 2011 - 09:10 pm - Link - Report abuse 0
  • Beef

    Marcos can't spell or understand a variety of basic concepts but I am not going to ridicule an imbecile too much. It is good to have him here, it reminds the rest of us that we have talent!

    May 05th, 2011 - 09:29 pm - Link - Report abuse 0
  • Marcos Alejandro

    Yes so much talent Beef...

    41 Beef (#)
    Mar 19th, 2011 - 10:16 pm
    Marcos -Back on story - looks like we have sent a few Tomahawks into Libya. Watch the fall of another dictator.

    Beef, I'm still waiting.Zzzzzzzzzzzzzzzzz

    May 05th, 2011 - 10:05 pm - Link - Report abuse 0
  • Beef

    I stand by my word Marcos, Gadaffi will fall. When did I say he would fall by May 6th?

    Problem is that you Argies are impatient and it this impatience that is your undoing. You couldn't wait to get the FI so you invaded in 1982 and now you will never get your grubby hands in them. You post daily SP on RKH but will ignore everything when the SP is much higher than it is now in three years time etc etc etc.

    Marcos - you prove yourself to be of limited intelligence every time you post, do yourself a favor and sue your education ministry.

    May 06th, 2011 - 07:46 am - Link - Report abuse 0
  • stick up your junta

    Problem is that you Argies are impatient

    Train passengers in Argentina furious about delays to their journeys have set fire to three commuter trains.

    http://www.bbc.co.uk/news/world-latin-america-13262090

    They sure are

    May 06th, 2011 - 12:43 pm - Link - Report abuse 0
  • Marcos Alejandro

    Beef Breaking news!!“Gadaffi will fall” :-)))))))) What a bonehead!

    “Tony Blair our very special adviser by dictator Gaddafi's son”

    Read more: http://www.dailymail.co.uk/news/article-1284132/Tony-Blair-special-adviser-dictator-Gaddafis-son.html#ixzz1LaCQ4EHO

    May 06th, 2011 - 02:33 pm - Link - Report abuse 0
  • Beef

    Marcos - and what does an article in the UK right wing press have to do with my prediction. It is in the Mail so it must be true I suppose, and you (of all people call me a bonehead)! Are you catching a train today? I hear they are so fast they leave a trail of smoke behind them, much like the Ocean Guardian does during a flow test of Sea Lion ££££££££££££££££!

    BTW - do you or Think care to comment on the SP of RKH or FOGL today??? Or do you only open your eyes on a red day. What about one of my other investments VOG; take a look, yummy!!!!

    May 06th, 2011 - 03:39 pm - Link - Report abuse 0
  • geo

    [] 25 ---

    VOG ! ? ! ? It is rubbish company.

    [] 4 !

    May 06th, 2011 - 06:53 pm - Link - Report abuse 0
  • WestisBest

    @25

    The Argies are always fascinated by British papers Beef, it's what comes of them having no experience of the free press as home.

    May 06th, 2011 - 07:04 pm - Link - Report abuse 0
  • Beef

    Really Geo, that sounds like a comprehensive market analysis of an AIM listed oil and gas expo and production company. How can a crap company get a permit to sell Cameroon gas to Cameroon business?

    My average on VOG is 2.8p, today's price at close is 5.6p. That crap company has delivered a massive profit or me, especially as I sold a big chunk at over 6p early after news and was able to buy another chunk when the price dipped at the close. VOG has some big upside in Q4 when the gas dales start to deliver returns.

    May 06th, 2011 - 07:54 pm - Link - Report abuse 0
  • Marcos Alejandro

    Some boneheads without a life spend years in school and then make their living gambling in the market(casino).

    May 06th, 2011 - 11:47 pm - Link - Report abuse 0
  • Redhoyt

    MoreCrap - to play the stock market you have to be a reasonably rich bonehead ..... gambling is way up on Maslow's 'hierarchy of needs '. Although I suspect that you are too much of a 'bonehead' to actually understand that.

    No problem - stay poor!

    May 07th, 2011 - 12:00 am - Link - Report abuse 0
  • Marcos Alejandro

    “The rich invest their money and spend what's left; the poor spend their money and invest what's left.”

    May 07th, 2011 - 12:32 am - Link - Report abuse 0
  • Redhoyt

    So which are you ?

    May 07th, 2011 - 03:49 am - Link - Report abuse 0
  • lsolde

    well l'm diversifying, but still rich. silver did take tumble overnight, but it will come up again.
    Beef, been to Turkey once, loved the food

    May 07th, 2011 - 05:23 am - Link - Report abuse 0
  • geo

    [] 28-- Beef
    you bearish on Desire...you bullish on VOG !!
    but You can make both on Tagoil !

    May 07th, 2011 - 08:43 am - Link - Report abuse 0
  • yul

    #33 / Isolde

    The Silver shouldn't fall !

    Do U know what is “” kokorech “” ?
    It is made from lamb bowels,roasted by chili pepper,thyme..
    + with beer = yummy !

    May 07th, 2011 - 02:20 pm - Link - Report abuse 0
  • geo

    Argentina has not waken up yet what the Falkland area oil drilling for .?

    May 07th, 2011 - 02:59 pm - Link - Report abuse 0
  • lsolde

    @35 yul,There was a family on the next coffee plantation to us in Papua New Guinea. The man was Turkish & his wife was Australian. We had many meals at their place(as they did at ours). So that is the second place that l tasted Turkish food. l couldn't tell you the names of the dishes that they prepared but they were delicious. l haven't tried the one you mentioned though.

    May 08th, 2011 - 11:38 am - Link - Report abuse 0
  • Marcos Alejandro

    37 lsolde, “We had many meals at their place”
    OMG

    http://www.bild.de/news/bild-english/news/japanese-taste-best-whites-are-too-salty-6816750.bild.html

    May 08th, 2011 - 05:43 pm - Link - Report abuse 0
  • stick up your junta

    @38
    Argies far too oily, thick skinned and taste of chicken

    May 08th, 2011 - 07:13 pm - Link - Report abuse 0
  • Marcos Alejandro

    @39
    Some how I knew you were gay :-)

    May 08th, 2011 - 09:48 pm - Link - Report abuse 0

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