Falklands’ Desire Petroleum completes 3D seismic program; encouraged by new prospects

Tuesday, May 31st 2011 - 07:13 UTC

Full article 8 comments

The Falklands oil company Desire Petroleum announced Tuesday it had completed the acquisition of 3D seismic program over an area of 1.416 kilometres with initial indications of encouraging new prospects. Read full article

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Redhoyt
Still early days ... :-)
May 31st, 2011 - 10:55 am - Link - Report abuse 0
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Beef
Yes Red, it is early days for the FI oil adventure but it could be the case that DES will be unable to take any major part in future exploration. However the future looks very bright for RKH and the market was a delight today!
May 31st, 2011 - 06:43 pm - Link - Report abuse 0
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Think
And the million dollars question today is...................................

Pump and Dump?
or
Insider Trading?
May 31st, 2011 - 06:51 pm - Link - Report abuse 0
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Fido Dido
Pump and Dump scheme equals Insider Trading and dump them before pumping (so that another fool can buy it, for a penny)
May 31st, 2011 - 08:58 pm - Link - Report abuse 0
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Beef
Think - you didn't decide to update us on the markets today? Hmm, I guess you only bother to engage with this when the SP dips. I am here through the ups and downs and am enjoying this roller coaster!
May 31st, 2011 - 10:04 pm - Link - Report abuse 0
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xbarilox
@ 1 They'd better hurry up and find something, water, or dust, but do it NOW!
May 31st, 2011 - 10:06 pm - Link - Report abuse 0
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Islander1
Why the panic No6 It will take time- I had thought end 0f 2011 before we had some definative Yes/No - I can now see that it will be well into 2012 more likley with all the drills and extra rig still to happen. Until then its speculation- some good like Rockhopper with possible good prospects , some not worked out so far like Desire- but even they may get back if the market likes what they come up with - or another player buys in, who knows - neither me nor you!
Our offshore exploration programme runs on - now well into Yr 2 and our economy loving it. Where is yours - with the Red Ensign flagged rig and support vessel - or are you changing them? If so you will have to avoid a Norwegian one - they are probably a bit suspicous by now!
Jun 01st, 2011 - 12:39 am - Link - Report abuse 0
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Beef
RKH RNS is just out! Don't you just love it when a plan come together!!!!
Jun 01st, 2011 - 06:09 am - Link - Report abuse 0
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