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Falklands’ third appraisal oil well results should be known by end of August

Tuesday, July 19th 2011 - 05:38 UTC
Full article 78 comments

Falklands’ Rockhopper Exploration, the oil and gas explorer, pressed ahead with its hunt for oil in the North Falklands with the drilling of its third appraisal well on the Sea Lion Discovery feature last week. Read full article

Comments

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  • geo

    []

    there is need an astrologer to ask/learn that there is oil reserve or not !

    Jul 19th, 2011 - 10:20 am - Link - Report abuse 0
  • briton

    And when the oil flows
    the crying will start,

    Jul 19th, 2011 - 02:17 pm - Link - Report abuse 0
  • Think

    TWIMC
    South Atlantic Pirate Noil shares…..................................... A sound investment?

    I just fell over this year old post from our resident oil expert : “Mr. Beef”

    ”27 Beef Jun 12th, 2010
    Think! FYI, I am holder of shares in FOGL, RKH and DES! I am already counting my newly acquired wealth and am pretty happy with how things are moving………
    en.mercopress.com/2010/06/11/argentina-reaffirms-exclusive-authority-over-all-falklands-hydrocarbons-activities”

    Lets see how “things are moving”…………….....................................................:

    Average share prices for those stocks in July 2010:
    FOGL approx. 230p
    RKH approx. 290p
    DES approx. 100p

    Today's share prices for the samr stocks:
    FOGL 58p
    RKH 231p
    DES 18,25p

    Somebody must be counting down his newly lost wealth.......

    Jul 19th, 2011 - 03:49 pm - Link - Report abuse 0
  • Beef

    Think - don't underestimate a “trader”! Peaks and troughs and all that. Don't get it right all the time, who does? Trading the market of late has been easy and hedging has payed dividends.

    Jul 19th, 2011 - 10:17 pm - Link - Report abuse 0
  • mastershakejb

    ROFL omg
    Think PWND!!!! Beef HARRRD!
    uber pwn, ultimate ownage

    Jul 20th, 2011 - 03:47 am - Link - Report abuse 0
  • briton

    in english, perhaps [beef 5] think [zero]
    make no mistake the oil will flow, sooner or later.

    Jul 20th, 2011 - 01:32 pm - Link - Report abuse 0
  • Beef

    We know it flows. The market just needs to know how much there is!

    Jul 20th, 2011 - 02:12 pm - Link - Report abuse 0
  • mastershakejb

    lol beef got pwnd
    keep throwing your little money @ failing UK and failing falklands oil plz! while your own politicians and elite throw money at booming south america, lol!

    Jul 20th, 2011 - 09:25 pm - Link - Report abuse 0
  • Beef

    You clearly didn't understand my earlier post master. One also profits when prices fall. I wouldn't however expect you to have the intellectual capacity to understand such strategies. You have just shown to all those reading this how thick you really are.

    My wealth is not in question.

    Such conclusions made by Think indicate that you bunch have little knowledge of how to play the market or of how to come out on top.

    Jul 21st, 2011 - 06:55 am - Link - Report abuse 0
  • Think

    (9) Beef

    You say:
    ”Such conclusions made by Think indicate that you bunch have little knowledge of how to play the market or of how to come out on top.”

    I say:
    I know that for a someone to come ”Out on Top” in market speculation; many must ”End at the Bottom”.

    You know, the “Sheep” or the “Morons” as you smart speculators call them…….
    In the South-Atlantic Oil Share Adventure they are overrepresented by patriotic pensioners with moldy imperial dreams, veterans from Britain’s last glorious war and British squatters in Malvinas.

    Enjoy your money……………..
    You are ripping it from the same people whose rights you so valiantly defend on these pages……

    Jul 21st, 2011 - 05:45 pm - Link - Report abuse 0
  • mastershakejb

    lol @ beef pretending he shorted the stocks at just the right time, nah, he LOST money, and he'll lose more! lol!

    Jul 21st, 2011 - 05:56 pm - Link - Report abuse 0
  • Beef

    Actually master, I only had shorts to cover with stops either side to bank or cut depending on what happens. Read my post above and tell me where I said I get it right all the time. It is simple to buy and sell on volatility without a short in sight. Expose your idiocy all you want, it is your prerogative.

    Think - nice assumption but you are in cloud cuckoo land. With the millions of shares traded on a daily basis if you honestly think that I have the power to ramp or pump anything for my benefit then you have a seriously skewed view of my importance. I know my place so can watch and act when I need to. The market makers balance the market so when ever I want to sell there is another there to buy and vice versa. Can't really see me being able to screw anyone over personally.

    Regarding the so called glorious war. You lot started it so stop complaining, we don't complain but then why would we need to?

    Regarding the “squatters” you have only two options: forcelby evict them or get a legal judgment that requires them to leave. Why don't you try either?

    Jul 21st, 2011 - 06:42 pm - Link - Report abuse 0
  • Think

    (9) Beef

    I ”Think” it is you that has a seriously skewed view of your own importance......

    I just called you “speculator” and you interpret it as if I thought that you have the power to ramp or pump anything……………

    In my word, lad,……….. a speculator, big or small, is just a parasite…
    And I know you ain’t a big one……..

    Jul 21st, 2011 - 07:11 pm - Link - Report abuse 0
  • Beef

    As an individual you are entitled to your opinion, but your opinion counts for nothing in my life so I doubt I will lose any sleep over it.

    Ultimately we are all speculators, we speculate when we acquire new knowledge and skills, in personal or professional relationships, in careers etc. etc.

    Perhaps we are all parasites living off the fat of the land.

    At least I am a parasite that believes in an economic ideology that has done more to lift people out of poverty than socialism ever has. A parasite that believes in a political ideology that respects individual rights when compared to savagery and misery that communism left in its wake.

    IMHO it is much preferable for the individual and society to be a parasite on the right side of the fence than a poor, hungry and bitter parasite on the left.

    Jul 21st, 2011 - 09:19 pm - Link - Report abuse 0
  • Filippo

    My opinion WILL count because it is the same as 100% of Argentine population, you are pirates and you pirates need get off our land and return home! The oil is OURS!

    Jul 21st, 2011 - 10:40 pm - Link - Report abuse 0
  • Think

    (14) Beef

    No Boy……………

    When you, as you say, “acquire new knowledge and skills, in personal or professional relationships, in careers etc. etc.”,.......... you are investing, you are being a good citizen of a society.

    When you make money out of unproductive or counterproductive endeavors, you are being a speculator, a parasite……...

    Quite simple really.

    Jul 21st, 2011 - 11:45 pm - Link - Report abuse 0
  • mastershakejb

    I don't believe beef, not only is he a loser losing money on his failed Falklands oil bet, but he's also a liar. A lying loser, lol.

    Jul 22nd, 2011 - 05:14 am - Link - Report abuse 0
  • HaveToCorrectThisRetard

    Not only did beef lose money before, but he's going to lose more money, and on top of it all, he's lying about it, lol!

    Jul 22nd, 2011 - 05:15 am - Link - Report abuse 0
  • Beef

    It wouldn't matter what I say, you Argies have a problem with truth. If you wish to believe I have lost money (and this makes you feel better) then go ahead; no skin off my nose.

    Flipflop - your opinion counts for nothing and you are incapable of any military or legal attack on the FI. You want the oil then come and get it!

    Think - but by paying CGT on my speculation (not if I spread bet though) income tax on my higher wages (through the gamble of acquiring new knowledge etc.) and my work of developing the minds of those I educate then I am being a good citizen. How much do you pay/contribute (and I won't accuse you of lying as I have no way of proving otherwise).

    Jul 22nd, 2011 - 05:51 am - Link - Report abuse 0
  • mastershakejb

    lol @ money loser ^

    Jul 22nd, 2011 - 06:41 am - Link - Report abuse 0
  • Beef

    Thanks for your highly constructive contribution master. Your parents must be proud.

    Jul 22nd, 2011 - 07:27 am - Link - Report abuse 0
  • mastershakejb

    you're welcome, money losing liar ;D

    Jul 22nd, 2011 - 07:34 am - Link - Report abuse 0
  • Beef

    Master, if you want to be happy in life I suggest getting rid of that chip on your shoulder. Really it is weighing you down.

    Just looking to help you, that's all.

    Any more insults you have for me?

    Jul 22nd, 2011 - 08:14 am - Link - Report abuse 0
  • mastershakejb

    LOL! sure thing money losing liar

    Jul 22nd, 2011 - 09:30 am - Link - Report abuse 0
  • HaveToCorrectThisRetard

    any more nonsense you wanna spout, beef, to cover up your own discontent and try to save face? lol

    Jul 22nd, 2011 - 09:35 am - Link - Report abuse 0
  • geo

    mmmmmmmmmmmm

    Beef = Dr
    Mastershake.. = Msc

    (Dr) is more above ( Msc) in academics !

    by the way ;

    Beef / I know you are interested on some Supermarket shares at Nikkei !

    Jul 22nd, 2011 - 09:49 am - Link - Report abuse 0
  • mastershakejb

    oO english is a second language to you? “more above”? seems you could use some education, better ask the doctor :P
    nah, beef is just a lousy investor who's trying to project his sadness, and his “chip on shoulder” on me

    Jul 22nd, 2011 - 09:58 am - Link - Report abuse 0
  • briton

    apparently flippers back from his holidays,
    and brought two ice lollies with him .lol

    Jul 22nd, 2011 - 10:38 am - Link - Report abuse 0
  • Beef

    Thanks Master, I take such insults as a compliment. It is easy to offend those above you and this allows me to continue to pity you poor soul.

    Retard - here is some nonsense for you. My core RKH holding of 46025 shares I have left intact and has an average of 114p, eight buys below the current SP and two above. Have held about 40% above this as I derisked my initial outlay.

    But what the hell, I am probably just lying?

    Jul 22nd, 2011 - 12:06 pm - Link - Report abuse 0
  • mastershakejb

    lol @ lying loser trying to save face

    Jul 22nd, 2011 - 12:40 pm - Link - Report abuse 0
  • Redhoyt

    You are wasting your time with these losers Beef .... if they ever get a job, it'll be sweeping the streets of BA.

    Jul 22nd, 2011 - 12:46 pm - Link - Report abuse 0
  • mastershakejb

    lol, awww redhoyt's jealous cause I retired @ 23

    Jul 22nd, 2011 - 12:53 pm - Link - Report abuse 0
  • briton

    all loser cry over spilt milk.
    when the oil flows, they will bitch abt that,
    claiming that the oil is theirs .

    Jul 22nd, 2011 - 12:54 pm - Link - Report abuse 0
  • Beef

    It is fun though. Reminds me I have talent!

    Jul 22nd, 2011 - 12:58 pm - Link - Report abuse 0
  • mastershakejb

    lol @ mad mohammed sandspazzes ^
    if* oil flows, not when*
    your companies have spent so much and come up with nothin so far ;D

    Jul 22nd, 2011 - 01:04 pm - Link - Report abuse 0
  • briton

    and argentina has ????

    Jul 22nd, 2011 - 01:17 pm - Link - Report abuse 0
  • Redhoyt

    It is not retirement MasterBates, if you were unemployable in the first instance !

    Jul 22nd, 2011 - 01:19 pm - Link - Report abuse 0
  • Beef

    5000 - 9000 barrels per day. Appraising for commerciality. Scoping for FPSO and field development in process. What is your definition of nothing master?

    Lol at the uneducated!

    Jul 22nd, 2011 - 01:24 pm - Link - Report abuse 0
  • mastershakejb

    lol @ these mad mohammeds
    that's nothing beef, won't even cover all the loans they've taken out.............IF it's true, which it isn't, more lies/exaggeration
    LOL u mad! lol u jelly

    Jul 22nd, 2011 - 01:33 pm - Link - Report abuse 0
  • Beef

    Master - what loans? None if these companies have any loans or outstanding debt. How far up your own arse are you willing to disappear?

    Jul 22nd, 2011 - 01:56 pm - Link - Report abuse 0
  • mastershakejb

    lol @ mad mohammeds and their failing companies and economy
    decades stagflation

    Jul 22nd, 2011 - 02:00 pm - Link - Report abuse 0
  • HaveToCorrectThisRetard

    lol @ mad beef, losing money
    it'll take more than 5,000 barrels a day just to break even on expenditures for the companies and for investors to break even
    oh but don't worry, probly just more lies from RockFlopper/Destitute

    Jul 22nd, 2011 - 02:04 pm - Link - Report abuse 0
  • geo

    [] -27 mastershake

    amigo ! -- more above- is very popular phrase is used at Puerto Rico.

    more above = unable to defeat

    for example in a sentence ;
    (x) company is bigger than (y) company..but

    (x) is more above (y) on drilling licence for Falkland Oil around

    means that

    (x) and (y) both are ineffectual on obtaining oil drilling licences !

    Jul 22nd, 2011 - 02:19 pm - Link - Report abuse 0
  • Beef

    Care to point out the amount of loans the FI expo companies have master or are you wanting to change the subject now that you have just demonstrated your lack of intelligence.

    Quite funny tittering at the Argies though. Cannot control a group of islands 300 miles off their coast and default on their debts.

    Jul 22nd, 2011 - 02:36 pm - Link - Report abuse 0
  • mastershakejb

    lol @ beef lousy money losing investor, and liar and projector :P
    LOL y u mad bro? oh yea! cause you losin money! hahahah

    Jul 22nd, 2011 - 03:36 pm - Link - Report abuse 0
  • Beef

    I see Retard has lived up to the last word of his name.

    Let us imagine that the last appraisal is reengineered as a production well for an FPSO. Let us now imagine that ten (eight production) wells are connected up to the manifold and along comes the FPSO tanker!!!

    Hmmm, I wonder how many barrels we will be producing!!! Tasty

    Argentina's best and brightest appear to be out today!

    Jul 22nd, 2011 - 03:59 pm - Link - Report abuse 0
  • mastershakejb

    lol @ mad mohammed sandspazzing ^

    Jul 22nd, 2011 - 04:21 pm - Link - Report abuse 0
  • stick up your junta

    Still living rough master bate? and hows the magic mushroom growing going

    Jul 22nd, 2011 - 04:41 pm - Link - Report abuse 0
  • mastershakejb

    going well! thanks for asking, my mycelium box from Netherlands just arrived! ;D

    y u mad mohammed? oh yea! cause your future = decades stagflation, failing oil attempts bleeding money, etc
    ROFL , u sandspazzers crack me up

    Jul 22nd, 2011 - 04:44 pm - Link - Report abuse 0
  • Beef

    Master - whatever a sandspazzer is, it is preferable than being a surrender monkey circa 1982.

    Jul 22nd, 2011 - 04:57 pm - Link - Report abuse 0
  • mastershakejb

    oh come on mohammed, you know what i mean, you're not THAT stupid, i mean yea you lose a lot of money on stupid investments, but you're not TTHHAATT stupid, lol

    Jul 22nd, 2011 - 05:20 pm - Link - Report abuse 0
  • M_of_FI

    I seem to remember many Argentines claiming that all the oil in this area of the world was in Argentine waters....didnt their well turn out to be dry...? But looky here! Another appraisel well on Sea Lion just to see how much lovely black stuff is in there!

    Jul 22nd, 2011 - 05:28 pm - Link - Report abuse 0
  • mastershakejb

    appraisal*
    And I seem to recall another appraisal by rockflopper/destitute that turned out to be lies, lol, much like this one will turn out to be.
    If they were smart, they'd be searching off Uruguay's coast instead. Or invest in Brazil's operations. But UK seems resigned to their fate of decades of stagflation and failure, so I have no problem with their pursuit of failed endeavors.

    Jul 22nd, 2011 - 05:35 pm - Link - Report abuse 0
  • Beef

    Master - this is only the third appraisal after two successful ones. Can you let us know which appraisal drill has been a failure?

    BTW - still waiting for you to tell me about those loans that are apparently financing the drilling. Talk about making it up as you go along!

    Jul 22nd, 2011 - 05:50 pm - Link - Report abuse 0
  • mastershakejb

    Are you so stupid you can't remember when it was proven they had lied about an appraisal several months ago? and you lost a bunch of money? LOL
    Surely you remember when you lost all that money, lol.
    Proven a liar once, can't ever be trusted again......kinda like you yourself, you remind me of the companies in which you invest
    LOL @ mad mohammeds ^

    Jul 22nd, 2011 - 05:55 pm - Link - Report abuse 0
  • Beef

    No, I have no recollection of RKH having lied about the results of an appraisal well. All two of them.

    Are you confusing RKH with another company and are you confusing appraisal drilling with exploration drilling? I know you are thick so I will give you my sympathy.

    Jul 22nd, 2011 - 06:06 pm - Link - Report abuse 0
  • geo

    ....still (Dr) is more above ( Msc).....

    Jul 22nd, 2011 - 06:47 pm - Link - Report abuse 0
  • Beef

    Geo, by the quality of master's posts I doubt he has even passed his High School Diploma let alone gained a PGT qualification.

    He still hasn't clarified some of his earlier claims about loans etc.

    Either he was wrong (and now can't admit it) or was lying. Pulling peoples arguments apart on here is easier than stumping the occasional first year UG Marxist that occasionally passes by my office, and that is saying something.

    Jul 22nd, 2011 - 06:52 pm - Link - Report abuse 0
  • stick up your junta

    my mycelium box from Netherlands just arrived! ;D

    How did they find your tent to deliver it to?

    Jul 22nd, 2011 - 06:54 pm - Link - Report abuse 0
  • Beef

    I think he wanted the box so he could move into it. He has had to downsize as inflation means he can no longer afford to patch up the holes.

    Jul 22nd, 2011 - 07:12 pm - Link - Report abuse 0
  • mastershakejb

    LOLLL!!!!!!!
    You sandspazzing mad mohammeds are STILL spazzing?! You must be FURIOUS!
    Try getting some sleep nutcase beef, it's no wonder you're so furious and insane, you don't get any sleep, hahhaha

    Jul 23rd, 2011 - 02:00 am - Link - Report abuse 0
  • HaveToCorrectThisRetard

    lol so hard at the jealous sandspazzing mad mohammeds! spazzing for 24 solid hours without sleep (beef) poor bugger, can't get to sleep in your tent eh?
    awww, the sandspazzing mad mohammeds are jealous i retired young and live well, while their homes are being foreclosed and they livin in tents, LOL

    Jul 23rd, 2011 - 02:02 am - Link - Report abuse 0
  • Beef

    Actually Retard, I just woke up. Foreclosed? I know such a concept is difficult to understand in Argentina due so so many illegal slums being built but I guess we all have to live somewhere.

    Still waiting for those loans to be identified as well those RKH lies. Trust the Argies to avoid justifying their claims. Why would I be furious? We easily keep you out of the FI and can drill holes at will.

    Usually it is the ones writing in capitals that display their anger.

    Jul 23rd, 2011 - 05:45 am - Link - Report abuse 0
  • mastershakejb

    actually retard sandspazz mad mohammed lousy money losing investor and sad projector,
    according to the posts here, FACTUALLY, you were spazzing from 10 PM to 7 PM, that's 21 solid hours of spazzing, without sleep
    ROFL, you must be FURIOUS to spazz like that, and nutty in the head too ;)

    Jul 23rd, 2011 - 06:46 am - Link - Report abuse 0
  • Zethee

    Just repeats the same thing over and over, spaz this mohammed that.

    Has no coherent argument.

    Jul 23rd, 2011 - 12:14 pm - Link - Report abuse 0
  • Beef

    Err Master, the world is round and turns on it's angled axis. Because of this, there are these things called timezones and I happen to be in another one than you. Now please go and do some maths before you add insomniac to spazzer and Mohamed!

    Can't read, can't problem solve and cannot perform simple calculations. Hmm by Argie standards this guy is a genius!

    Jul 23rd, 2011 - 01:45 pm - Link - Report abuse 0
  • mastershakejb

    21 solid hours of spazzing without sleep
    what a furious nutcase

    Jul 23rd, 2011 - 04:16 pm - Link - Report abuse 0
  • Marcos Alejandro

    The logistical and political difficulties of extracting oil and gas from Malvinas

    “The companies currently involved are mainly start-ups and have little previous experience in producing and selling oil. The technology and know-how needed to develop resources in such a challenging environment probably requires an oil major to intervene.

    This looks unlikely. Argentina has extended an economic embargo on the Falklands, restricting port access to foreign shipping en route to the archipelago, while companies engaged in exploration there face the prospect of being blocked from participating in government contracts. All this ensures that any oil company contemplating work in the British overseas territories must be prepared to relinquish access to Latin Americas’ fourth-largest market.

    Buenos Aires’s opposition not only closes off the most logical market for future oil sales for Falkland’s explorers. Penetrating the rest of South America may also be tricky. Most neighbours support Argentina in its assertion of sovereignty. The logistical challenge and cost of shipping Falklands oil thousands of miles to North America or Europe could prove prohibitive.
    hen there is the political risk for foreign interlopers: BHP Billiton, an Australian mining giant, was warned off drilling near the Malvinas by the Argentinian government last year and walked away. A lack of enthusiasm on the part of Chevron and Exxon Mobil”

    Jul 23rd, 2011 - 05:06 pm - Link - Report abuse 0
  • Wireless

    If the price of oil continues to rise with demand, people will buy oil & gas from anywhere, and the Falklands Oil and Gas will be commercially viable. In addition, countries also buy oil & gas for political and sovereign issues, to protect their infrastructure and economy. You may have noticed that we are at the end of a long gas pipeline from Russia, and although we import Russian Gas is it not a significant proportion of our total usage, but it is growing.

    Hence, developing new oil and gas fields, together with infrastructure and supply network that sources hydrocarbons from elsewhere is a priority.

    The UK may be looking at buying the oil and gas from the FIG Licensed Production Companies, to bring stability to the market and supply here in the UK in future years, and exploration in the Falklands EEZ and off the West Coast of Scotland (again deep water fields), will be of some interest to the UK in planning energy needs for the future.

    We would rather deal with friends that are honest, than with people looking to promote their own agenda and wishing to influence us with threats to cut our energy supply, Argentina lives with such threats on a daily basis from its oil rich neighbours, who want to run Argentina for their own benefit.

    You lot can continue to live like that if you want to, we won't.

    Jul 24th, 2011 - 12:14 pm - Link - Report abuse 0
  • AlejandroArgerich

    THEFT - outright theft. You won't get away with it!!

    Jul 24th, 2011 - 09:28 pm - Link - Report abuse 0
  • Wireless

    Yeah right, come on then, do something about it.

    You'll never be anything more than a no good bunch of dago surrender monkeys, with a hand in everyone else's pocket, willing to sell your grandma for the price of your next fix of paco, spending your days with a great big yellow stripe painted up your backs and giving each other the benefit of a reach around.

    Aw diddums, dago not got any oil, boo hoo....why don't you just all fcuk off and die like good little RGs eh? Leave running the World to the big boys eh?

    Jul 25th, 2011 - 01:40 am - Link - Report abuse 0
  • Marcos Alejandro

    Wireless you should change your name to Witless.

    Jul 26th, 2011 - 04:43 am - Link - Report abuse 0
  • Artillero601

    @72

    Everybody seems to be upset today .....

    Jul 26th, 2011 - 06:50 pm - Link - Report abuse 0
  • Marcos Alejandro

    Some seem so relaxed after the Florida vacation...

    Jul 26th, 2011 - 09:27 pm - Link - Report abuse 0
  • Artillero601

    :-)))

    Jul 27th, 2011 - 02:02 pm - Link - Report abuse 0
  • Marcos Alejandro

    Were you there?

    Jul 27th, 2011 - 02:56 pm - Link - Report abuse 0
  • Artillero601

    que chusma que sos Marcos !! que lo pario !! :-)))))))))))

    Jul 27th, 2011 - 06:04 pm - Link - Report abuse 0
  • Marcos Alejandro

    Jajaja

    Jul 27th, 2011 - 07:34 pm - Link - Report abuse 0

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