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Rockhopper signs a billion dollars deal to develop Falklands’ oil discovery

Thursday, July 12th 2012 - 19:36 UTC
Full article 112 comments

Britain's Premier Oil announced on Thursday a 1 billion dollars deal to farm in and develop Rockhopper Exploration oil and gas discoveries in the Falkland Islands. Read full article

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  • Tabutos

    good good

    Jul 12th, 2012 - 07:50 pm - Link - Report abuse 0
  • LightThink

    I have listening oil drilling ,oil drilling in last few years on ,but no oil yet.
    Is this strategic bluff ?

    Jul 12th, 2012 - 07:54 pm - Link - Report abuse 0
  • slattzzz

    It helps crystallise the value of our discoveries in the North Falkland Basin area centred on the Sea Lion field, as well as providing the funds to examine further the remaining potential of our acreage in the region.
    Which bit don't you understand Bat fink, green with envy are you?

    Jul 12th, 2012 - 07:58 pm - Link - Report abuse 0
  • Guzz

    Islanders
    Watch out for “Labored” oil...
    All best to you

    Jul 12th, 2012 - 08:01 pm - Link - Report abuse 0
  • slattzzz

    The deal, which will give Premier a 60 percent stake in the Sea Lion oil field, will add about 200 million barrels of oil to its resources - a substantial boost. The Sea Lion field is large in comparison to fields in the North Sea.
    Guzz watch out for rich Falklander Islanders, all the best to you

    Jul 12th, 2012 - 08:12 pm - Link - Report abuse 0
  • Guzz

    slattzzz
    If it ever was about wealth, I never even noticed...
    Uruguay have their own basins, a mess really, the whole world wants a piece. Good for the economy, but not so much for social wealth. As my President said, “how far goes our fraternity?”

    Jul 12th, 2012 - 08:19 pm - Link - Report abuse 0
  • ChrisR

    Excellent news and The Mad Bitch Of Argentina will be apoplectic!

    Ha, hah, ha.

    Jul 12th, 2012 - 08:20 pm - Link - Report abuse 0
  • slattzzz

    @6 so why are rgenweener getting so touchy about it then, as I said on another post they'd only fook it up anyway, just leave these people alone let them enjoy thier new found wealth and wish them well, instead of all that crap that CFK keeps coming out with, she AND YOU kwow your onto a loser so let the Islanders get on with thier lives and YOU concentrate on sorting out your own mess without dragging everyone else down with you, Bullies never admit they are bullies unless someone bigger comes along

    Jul 12th, 2012 - 08:33 pm - Link - Report abuse 0
  • Guzz

    8
    We are 3.3M... We never bullied noone, including the islanders.
    From my perspective, the British are the bullies, imposing their twisted version of democrazy on other sovereign nations.

    Jul 12th, 2012 - 08:45 pm - Link - Report abuse 0
  • slattzzz

    @9 oh for fuck sake take a look at yourself read back through all the headlines on here, if thats not bullying tell me what is, you want the FALKLANDS to be RGenweeners and embargoes, trade restrictions, ships flying Falkland islands flag, cruise liners banned if they have been or going to, law suits against oil companys, constant bleating to UN/G8/G24, Olympic athlete training on island, threats of disruption at games etc etc if you don't think that makes the islanders uncomfortable about thier situation, which amounts to bullying you need pulling through with a christmas tree you fucking clown, how would you fell if the boot was on the other foot ask yourself that question, and don't give me any pish about Iraq, Afghan, and Libya answer the fuckin question

    Jul 12th, 2012 - 08:56 pm - Link - Report abuse 0
  • Guzz

    See? Just what I mean...

    Jul 12th, 2012 - 09:10 pm - Link - Report abuse 0
  • Islander1

    Guzz- agree Uruguay has never bullied nor threatened us. They pubicised the flags issue- basically as a favor to Cristina- not sure what she gave then though! We noted that in the same speech Ur pointed out it has no probs with Red Ensign ships - it said that as it knew that all FI ships can fly it anyway.
    Hope Ur can locate oil and deveop it as well in control. Dont worry - Falklands plans to be one step ahead of any flyboys - we will see if we can do it!
    As for rich Islanders - well I guess there will be a few who buy shares at the right time! Most of us though will carry on as normal and expand our businesses where appropriate to get a share of the business and people.
    Dont see UK as a bully at all - not for a long time past really! But we all know who is a bully in 2012 though- Argentina

    Jul 12th, 2012 - 09:11 pm - Link - Report abuse 0
  • Doveoverdover

    Englander would expect me to do my duty and introduce a note of doom and gloom to this occasion. So here it is. What a pity that this is an entirely British farm-in. This farm-in will serve to fuel Argentinian righteous indignation whereas an international farm-in would have been like another kick in the soft parts, following that from the Edison/EDF's farm-in to FOGL. Anyway, this is good news for those of us who believe that the interests of the islanders and of the UK are best served by economic development by British companies.

    Jul 12th, 2012 - 09:18 pm - Link - Report abuse 0
  • Britworker

    She will hate this, cant wait for her next chess move, its usually some podium announcement within 48 hours of hearing something she doesn't like. What happened to them being taken to court??

    Jul 12th, 2012 - 09:20 pm - Link - Report abuse 0
  • slattzzz

    @11 oh sorry am i bullying you answer the question if the boot was on the other foot how would you feel?

    Jul 12th, 2012 - 09:28 pm - Link - Report abuse 0
  • Joe Bloggs

    I haven't seen one of the usual Malvinistas telling us why this doesn't mean anything and how Premier is just a worthless small fry company and that there really is no oil. It must be taking them a while to come up with something remotely convincing. I guess they're still thinking.

    Chuckle chuckle

    Jul 12th, 2012 - 09:44 pm - Link - Report abuse 0
  • slattzzz

    @16 I know just like EDF are a nothing company...............rg flag is turning green, oxygen thiefs

    Jul 12th, 2012 - 09:55 pm - Link - Report abuse 0
  • Guzz

    15
    You ask a “3rd worlder” how he would feel being bullyied?
    Quite normal, I'd say...

    Argentina is not bullying the islanders, they are requesting something they believe is rightfully theirs. I understand and agree that the islanders have their rights as well, but Britain there is not an option. 2000 people can't decide to impose the worlds second largest rednecks on our backyard.

    Jul 12th, 2012 - 09:59 pm - Link - Report abuse 0
  • briton

    well you have all said ya piece,
    and now we must suffer the conciquences,

    you should all get ya bags pack, and wait for that knock at the door,

    for the dreaded men in black, under CFK orders will arrest us all,
    and take us to argentina for trial,

    unless of course that was just more talk talk, from the master talker .lolol.

    Jul 12th, 2012 - 10:02 pm - Link - Report abuse 0
  • Joe Bloggs

    18

    Open your eyes because we ARE doing it and it's no more your back yard than ours.

    It must eat you Malvinistas up with your macho Latino attitudes to realise how impotent you are over this issue. You must feel like you can't even get it up. You can't even get rid of 3,000 pesky country hicks who are in your way. No balls; that's your problem. All front and talk but in the end when you try to bed your lady, there's nothing there.

    Chuckle chuckle

    Jul 12th, 2012 - 10:07 pm - Link - Report abuse 0
  • Guzz

    Joe
    I don't want the islanders to leave, I want the Brits to leave...
    We aren't impotent at all, we just aren't totally bereft of morals like some others. We are fully aware that a trade embargo would affect the islands in many ways, but we also know it would only affect the islanders, and not the issue itself.

    Jul 12th, 2012 - 10:14 pm - Link - Report abuse 0
  • Joe Bloggs

    21

    I am an islander and a Brit so do you want me to stay or go?

    Jul 12th, 2012 - 10:17 pm - Link - Report abuse 0
  • Guzz

    It depends Joe.
    Are you military, go home
    Elsewise, ask the islanders...

    Jul 12th, 2012 - 10:22 pm - Link - Report abuse 0
  • briton

    guz you are a fool.
    You wish the British to leave, without any thought what so ever for the then undefended unarmed and defenceless little island.

    Of course you don’t care,
    But just what do you think will happen to the Falklands, if the British went home tomorrow,

    Allow me to tell you,
    Two things would happen
    1, CFK gives everybody, including you,,, a nice ice cream

    2, Argentinean military would be on the islands, before the brits got past st helens.

    Care to prove us wrong .

    Jul 12th, 2012 - 10:28 pm - Link - Report abuse 0
  • slattzzz

    I REPEAT embargoes, trade restrictions, ships flying Falkland islands flag, cruise liners banned if they have been or going to, law suits against oil companys, constant bleating to UN/G8/G24, Olympic athlete training on island, threats of disruption at games etc etc if you don't think that makes the islanders uncomfortable about thier situation, which amounts to bullying, add to that trying to get other Latam countrys involved. The Islanders will decide thier future NOT you, The thing is BRITAIN will always standby and protect the Falklands until THEY say otherwise, you ARE bullying them but they or we will not succumb, so you can carry on all your stupid rhetoric till the cows come home, but until then shut up nor put up, your arguements are based on brainwashing and trying to deflect the problems within, I say again leave them alone. So if by your last statement if all the islanders said they were British and wanted to remain so you would be happy for them to stay and leave them alone thats it game over CFK would shut up, you really are opening yourself to some severe flak pal

    Jul 12th, 2012 - 10:28 pm - Link - Report abuse 0
  • Joe Bloggs

    23

    I'm not military although I used to be in the military just like anyone can be. Like I said, I am a local islander and also British, like most of us are.

    Jul 12th, 2012 - 10:28 pm - Link - Report abuse 0
  • KretinaK

    Argentina used to have the best beef in the world, but since the Kirchners have been in power, the beef industry has been completely destroyed. Nobody should eat the poor quality and polluted beef, it's not fit for human consumption. Argentine beef loaded with hormones, drugs and chemicals that have been outlawed in the USA and Europe and they have been known to ship rotten beef for export after it's been washed with bleach and ammonia, injected with formaldehyde and red food coloring.
    Argentine lemons are sprayed with toxic, dangerous cancer and nerve damage causing chemicals and injected with artificial yellow coloring. The soil in Argentina is so depleted of minerals in that lemons grow white on trees and have no flavor.
    Industrial products - tools, automobiles, machinery & appliances from Argentina are the worst, poorest quality in the world. Even the chinese won't buy them. No industrial standard, the lowest quality raw materials, no testing is done before they are shipped. This has caused serious injuries by unsafe products, many people have been electrocuted by Argentine washing machines & hot water heaters that leave the factory with short circuits.
    All countries should completely avoid ALL Argentine products permanently.
    Very scary news about Argentina signing a military cooperation agreement with Venezuela, they are looking to start a war.
    www.buenosairesherald.com/article/105945/argentina-venezuela-to-sign-military-agreement
    And the new “militant” movement that Kirchners are starting that make “La Cámpora” look like a group of kids in nursery school? It's called “Vatayon”, a Kirchner backed group that goes into prisons of Argentina to recruit supporters for their political movement!
    www.facebook.com/#!/vatayonmilitante

    Jul 12th, 2012 - 10:29 pm - Link - Report abuse 0
  • Guzz

    Well Joe, if you define yourselves as Brits, it is indeed a colony.

    Jul 12th, 2012 - 10:34 pm - Link - Report abuse 0
  • briton

    27
    you guys should then kick her out,
    and support us on here.

    Jul 12th, 2012 - 10:36 pm - Link - Report abuse 0
  • slattzzz

    @28 oh Guzz you really are a tit, they are British accept it end of dit, they want to stay British, be recognised as Falkland Islanders, same as Scots are Scottish, Welsh are Welsh, N.Irish, Channel Islands, Bermudians etc individual countrys but British can't you get it LEAVE THEM ALONE TO DECIDE THIER OWN FUTURE FFS.

    Jul 12th, 2012 - 10:51 pm - Link - Report abuse 0
  • briton

    And what about YOUR colony on /in Antarctica.

    Or are they just floating ice lollies .
    .

    Jul 12th, 2012 - 10:55 pm - Link - Report abuse 0
  • Pete Bog

    @28
    No, because the UK government do not have direct rule over the Falkland Islands, and the laws are passed on the Islands by FIG. If there was no FIG,and the situation that occurred pre-1982 when the UK did not properly fulfil its obligations to the Falkland Islands continued, I would agree with the Islands being a colony.

    But as a result of post 1982 constitutional changes that have increased the Islands autonomy, they are nearer to an independant country than to a colony.

    Jul 12th, 2012 - 10:58 pm - Link - Report abuse 0
  • Frank

    @18....'your backyard??'... how exactly are the Falklands in Uruguays back yard??

    That's a bit like the UK saying that the Adriatic is in their backyard because Italy is in the EU

    Jul 12th, 2012 - 11:00 pm - Link - Report abuse 0
  • Falklands are British

    28 COWARDLY ARGENTINIAN TROLL

    What's in a name?

    You like to make out that you are from Uruguay but it doesn't change the fact that you are an Argentinian troll. In this case, if it smells like shit then it is probably shit. Even though you might wish to call it soap.

    The Falklanders run the show on the Falkland Islands. If they want to call themselves Brits, Kelpers, Bennies or Falklanders so what. What is in a name?

    What they call themselves does not make them a colony. Only BA slum dwelling trolls could come up with such logic.

    Jul 12th, 2012 - 11:01 pm - Link - Report abuse 0
  • M_of_FI

    Guzz, you need to educate yourself on what a colony is and how the Falklands governs itself. You are embarrassing yourself.

    Jul 12th, 2012 - 11:28 pm - Link - Report abuse 0
  • Think

    Well…., well……, well…………
    Situation is…………….:

    Rockflopper’s shares down 9.31% today…
    They ended at 248.50p on a 49,046,555£ volume..!
    Evidently the “Premier Oil” news was not “Market pleasing”…
    Meanwhile, we patiently wait for BOR’s Stebbing well results…
    This British Mississippi Bubble seems to be able to drag “In Eternum”…

    (Dusterrrrrrrrrrr :-)))

    Jul 13th, 2012 - 04:03 am - Link - Report abuse 0
  • A.J.Rimmer

    lol, and how is your oil business going Think?

    Got any investors yet? Are you pumping more oil now than YPF did?

    Hahahahahahahaha

    Yes, we can laugh, and laugh hard.

    or should it be Jajajajajajajajaja!!!!

    Jul 13th, 2012 - 06:44 am - Link - Report abuse 0
  • BritishLion

    Good news on one hand, I wish the Islanders well with the oil exploration and eventual extraction. On the other hand, it will crank up the Malvanistas into a froth of excitment and the old Wicked Queen of the South will be running up the yellow brick road screaming her botox head off. Should prove amusing as there is sod all they can do about it, even the the oil companies have admitted that they are used to dealing with political risks, it seems that the RG risk is not worth worrying about too much.

    Jul 13th, 2012 - 08:26 am - Link - Report abuse 0
  • Guzz

    It doesn't matter what fancy name you come up with, nor how “close to be an independent nation”, because until that happens, a British Oversea Territory = a Colony

    Jul 13th, 2012 - 08:32 am - Link - Report abuse 0
  • Doveoverdover

    @39 I agree with you for once. So long as it has a British appointed diplomat as Governor it is a colony in the truest sense of the word, even if it is not called a Colony.

    Jul 13th, 2012 - 08:40 am - Link - Report abuse 0
  • Iron Man

    O/T but serious question - why does CFK never give interviews but only ever gives speeches where she can't be interviewed afterwards?

    I can only think of three possibilities and I'm not sure which is the worst:

    1. She can't think on her feet and it's too much of a risk that she'll tie herself in knots.
    2. Her thoughts and arguments are so weak that any critical questioning would expose them for the nonsense they are.
    3. She is so much of a megalomaniac that she thinks she is too important to deal with the questions from those not worthy of her time.

    Genuine question, never heard of a democratic head of state who doesn't allow themselves to be questioned.

    Jul 13th, 2012 - 09:28 am - Link - Report abuse 0
  • Pete Bog

    @40
    However, the Governor is not part of the legislative process any longer. As HMG do not rule the Falkalnd Islands directly, and constitutional changes have given more autonomy to FIG, it cannot be a colony. It is however a British Overseas Territory (self-governing), as it has not declared independence.

    Jul 13th, 2012 - 10:11 am - Link - Report abuse 0
  • WestisBest

    @39 & 40
    I do find it interesting that people like you two take enough pride in being ignorant that you flaunt it in a public forum.

    Jul 13th, 2012 - 10:27 am - Link - Report abuse 0
  • lsolde

    We don't have to justify our form of government to Argentina.
    We can be what we like, sr Guzz,.
    lf we wanted to be a colony, we can be & its got nothing to do with you or Argentina.
    Keep your long nose out of our affairs.

    Jul 13th, 2012 - 10:35 am - Link - Report abuse 0
  • Islander1

    39-40 - Of course you would say that if we had a Governor who was Argentine who we did NOT want,a flag at Government House and a form of Govermment that we did not want etc etc - that we would NOT be a Colony I assume?

    Jul 13th, 2012 - 10:48 am - Link - Report abuse 0
  • Monty69

    40 Doveoverdover

    Like Australia and New Zealand I suppose.

    Anyway, it's our choice. Self determination is a real pain in the ass isn't it? Not only do the Argentines not get to decide what's best for us, the British don't either.

    Jul 13th, 2012 - 11:01 am - Link - Report abuse 0
  • Pete Bog

    @44 and @46
    Apologies Isolde, Monty69, you are right, you as the Islanders can have the system of government/description of your homeland as you wish. I just don't see logically how a country that is governing itself by people who are born there or who have become Falkland Island nationals, making its own laws, and with slightly varied language from the UK ( ie guddle, smoko, and spanglish words,ie expressions of national identity), can be termed a colony, which by my understanding would mean the UK government totally running the Islands. The FIC being dismantled after 1982 and the emphasis given to Islanders owning their land rather than overseas landlords, logically represents de-colonisation, not colonisation.

    Jul 13th, 2012 - 11:17 am - Link - Report abuse 0
  • Simon68

    36 Think (#)

    Where do you get your share information from Think?

    RKH shares are at 251.25 up 1.11%

    So it looks like Premier Oil farm-in has pleased the market!!!

    Jul 13th, 2012 - 12:28 pm - Link - Report abuse 0
  • M_of_FI

    Guzz, your failure to understand what the Falklands is and how it governs itself is your problem and not mine. Your opinion truly doesn't matter and I wont seek your approval. We govern ourselves and we have our own democracy. Fact. And our ambition, as Islanders, is to maintain this.

    Jul 13th, 2012 - 12:33 pm - Link - Report abuse 0
  • BritishLion

    Guzz having read your posts and the many responses from people who 'matter' in this forum, i.e. Falkland Islanders, if I were you I would back off now before you utterly make a prick of yourself. You have no answers to their questions other than displaying pig headed arrogance in the little bubble you live in and trying to justify by 'force' your doctrine on a people who have already chosen their way of life, their Government and allegience and then have the gaul to label them as British Colonists with no rights to make choices, so that means they have to accept being Argentine Colonists does it? You truly are a twat!

    Jul 13th, 2012 - 01:12 pm - Link - Report abuse 0
  • Pugol-H

    Shine on you Falkland Islands.

    Anyone bought into Argy shale oil/gas yet, no, never mind you can always pay the Chinese to take it away for you.

    Jul 13th, 2012 - 01:38 pm - Link - Report abuse 0
  • Alexei

    If, by Argentine definition 'an overseas territory' = 'a colony', the Argentine government, by their own definition are aspiring colonialists. As they seek to implant a population on the Falkland Islands, which are 'overseas' by any sane definition. This can be clearly seen from space. The Falkland Islands are an integral part of Argentine territory like Iceland is an integral part of the UK. Dissecting and explaining malvinista logic is getting really tiresome.

    Jul 13th, 2012 - 01:38 pm - Link - Report abuse 0
  • Islander1

    Think- simple- some RKH shareholders cannot do maths! They think 40% is not much and it should have been 50% - in an ideal world!
    Facts- RKH owning 100% means ZERO profits for shareholders as RKH do not have the funds for development(they only have half-and without nthe other half that is ZERO)- and chances of RKH raising $1 billion on todays markets??!!!!
    I am no oil guru - but common sense tells me you want something- you have to offer a carrot or two to get it!
    I suspect that for serious RKH people - 40% of profit in future is a lot lot better than ZERO% of no profit!

    KEY points :

    1- the cash is now there to develop the field

    2- Thus it will be developed

    3- When it is- Revenue will flow to the Islands Govt- and NOWHERE else.
    That is Falkland Islands Govt Law - and accepted and backed by UK.

    4._Falkland Islands Govt will be deciding on what it does - Capital infrastrucure, Defence costs,Future investment for the it runs out etc etc.

    5- Argentina will have no say- no influence - nothing. Unless it changes its tune somewhat.

    Really had better pop to the hardware store and buy your nail extractor I think.

    Jul 13th, 2012 - 04:06 pm - Link - Report abuse 0
  • cLOHO

    It's all about the hatred of the uk, I can't see why French guiana which is actually on the SA land mass draws no flack..? It's been Made a region of France so therefore it's not a colony! Maybe we should ask if the Falklands would like to become a county, falklandshire. Double standards at play me thinks...what do the trolls think about French guianas status...

    Jul 13th, 2012 - 05:04 pm - Link - Report abuse 0
  • XAVIERV

    I have read as many vehemently defend the status of the Falklands. And also many of its supporters or not native to the islands or do not live right now. It seems only a matter of false pride to claim to defend the Falklands and are not able to make their lives there, is because in the Falklands there is no future for anyone with ambitions. For example, a lawyer could work there? If there is no crime! .. That work could make an engineer or architect there? If there are no large buildings to be built! That work could make a counter there? If no business .. In short it is a ghost town .. The only serious work that I find is to be a Military to protect the penguins from the Argies ..

    Jul 13th, 2012 - 06:07 pm - Link - Report abuse 0
  • British_Kirchnerist

    This heist is wrong, and its happening in a part of the “third world” that won't be willing to and won't have to take it lying down anymore

    Jul 13th, 2012 - 06:28 pm - Link - Report abuse 0
  • briton

    GUZZ
    You did not reply,
    What about argentine colony on the Antarctica shelf.

    OIL,,
    ,,,,,,,,,,,,
    Another cup of oil to put on Argies shelves, as a keepsake .lol.

    As for the [word] colony,
    Who seems to be complaining the most?
    Why it’s the wannabies empire builder ,
    ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
    The envy and jealousy shows ,
    How embarrassing you Argies look, every time you use bullying tactics ,
    On they honest and loyal islanders, to whom you hate so much.

    55 XAVIERV
    you say it is a false pride to claim to defend the Falklands ,,,
    what then do you call CFK demand for them, is that false as well .

    Jul 13th, 2012 - 06:30 pm - Link - Report abuse 0
  • XAVIERV

    @ 57 I do not care what you do or say CFK, I did not vote. I think it's false pride which are the Islanders, strongly defending the colonial situation but are unable to make his life there in that place. It is easy to invoke the patriotic issue and send others to endure a difficult life as the “island” lives comfortably in a big city and made ​​his personal ambitions ..

    Jul 13th, 2012 - 06:40 pm - Link - Report abuse 0
  • cLOHO

    55... Apart from farming, fisheries, and now oil...nope nothing. Don't forget the military are only there to protect against the aggressive Argies. The main base is miles out of town and self contained. Don't believe your propaganda fed from the Rg government that military run the islands...utter cods wallop. Come over and have a look for yourself it's a beautiful place full of great people. I would be more cross about French guinana it's on your continent and rules and owned by the French, the ones that supplied you with the Exocet ...

    Jul 13th, 2012 - 06:48 pm - Link - Report abuse 0
  • slattzzz

    This heist is wrong, and its happening in a part of the “third world” that won't be willing to and won't have to take it lying down anymore.
    WOW BK bought some extra strong tissues? is that a veiled threat? and are you admitting rgenweener are third world?

    Jul 13th, 2012 - 06:51 pm - Link - Report abuse 0
  • briton

    58 XAVIERV

    Your envy is showing.

    .

    Jul 13th, 2012 - 06:55 pm - Link - Report abuse 0
  • cLOHO

    58.... It must be humbling that the British have achieved so much , a tiny island in Europe and Rgland a huge land rich in resources has achieved zero.

    Jul 13th, 2012 - 07:23 pm - Link - Report abuse 0
  • Marcos Alejandro

    Great news! Is it?

    “Rockhopper fell 25.5p to 248.5p as hopes of a full-blown takeover all but vanished”

    Read more: http://www.thisismoney.co.uk/money/news/article-2172772/Premier-Oil-collision-course-Argentina-announces-plans-drill-Falklands.html#ixzz20X3OTk6U

    “David I told you not to get in volved in these fake, fraudulent oil and gas companies so don´t spit the dummy now that you have been caught out” “Personally Willie I don´t give a toss about the Falklands I have to appear to look strong in order to win the next election and going to war is always good for my image”

    http://www.thisismoney.co.uk/money/news/article-2172772/Premier-Oil-collision-course-Argentina-announces-plans-drill-Falklands.html#ixzz20X3OTk6U

    Jul 13th, 2012 - 07:30 pm - Link - Report abuse 0
  • cLOHO

    63...it is, why are you so scared, furiously scanning the web for scraps of data to try to show that it's not going to happen. Iam afraid the oil is there, and it's going to be extracted, and the islanders will profit. No company invests the figures quoted above on a bet...it's real..it's happening...get over it.

    Jul 13th, 2012 - 07:44 pm - Link - Report abuse 0
  • XAVIERV

    @59 I guess you must be “fish”, “farmer” or “oil driller”? to make your life meaningful there. Well no doubt it is undeniable that have a high quality of life. Answer me how many lawyers and architects living on the island? But what is money if you can not spend it in your neighborhood? You must travel to London where nobody knows you to flaunt your money.

    @ 61 I tell you honestly admit that you have a better income than mine. But I find it difficult to admit that I envy. I am a Professor in Mathematics and soon I will graduate as a lawyer, I think a person with ambitions as I do not have much future in these islands as I am quite sure that all those with a university education like mine and do not reside in these islands. Insurance will be visiting or walking but do not live and have their future there and many of these people are what make comments on this forum pretending that things do not change on the islands as they build their future around here ..

    Jul 13th, 2012 - 07:53 pm - Link - Report abuse 0
  • Max

    Did these companies receive permission from London appointed “ veto ” powered Governor ?

    Jul 13th, 2012 - 07:54 pm - Link - Report abuse 0
  • slattzzz

    @63 the only people going to start a war over this is not us dickhead it's CFK. can't you see that you poor misguided idiot. Oh well you reep what you sow, poor delusional fool, Enjoy your slapping AGAIN

    Jul 13th, 2012 - 07:57 pm - Link - Report abuse 0
  • cLOHO

    67... Can't wait for them to start..finish it properly this time, maybe we could spare messi to play in England squad

    Jul 13th, 2012 - 08:01 pm - Link - Report abuse 0
  • slattzzz

    @63 by the way is that the only piece of news you can find you idiot, it';s called satire, taking the piss, joke, a bit like you. Lets bring on this collision course and watch the Botoxed one panic like fook, she is absolutly selling you dfown the line and the only people who can't see it is YOU. Oh well shit happens enjoy numpty

    Jul 13th, 2012 - 08:08 pm - Link - Report abuse 0
  • Max

    The commentator “” Chris “” is right on the Comment 63/ wordpress article what he wrote about the Jews.

    Soros & Social Company has some stakes in these islands' oil exploration adventure.

    For all I see ,there are no any informed posters here to discuss it.

    Jul 13th, 2012 - 08:39 pm - Link - Report abuse 0
  • cLOHO

    70 ... It's a spoof article a joke you muppet...do you have humour in rgtard. Tis shows your true intelligence....it's a Joke article..

    Jul 13th, 2012 - 09:08 pm - Link - Report abuse 0
  • ChrisR

    71 cLOHO

    What is the bot 'Max' on about re 'Jews'? I cannot recall commenting on Jews.

    Jul 13th, 2012 - 09:12 pm - Link - Report abuse 0
  • cLOHO

    72.... He's father was probably one of the thousands of Nazis that fled and were offered safe haven in Argentina, old habits die hard.

    Jul 13th, 2012 - 09:18 pm - Link - Report abuse 0
  • Islander1

    Marcos- WHo- please give me the evidence- WHO is scared and rattled by empty verbal and written threats from CFK? If RKH and Premier do not have any involvement in Argentina - there is ZERO you can do to stop them.
    Do you think Premier and France,s EDS would be prepared to invest on a rumour? They do it based on FACTS- evidence- balanced commercial risks etc.
    RKH now has their major partner and between them the cash to bring the oil up.
    Its a new frontier zone- with distance etc adding to prices, and perhaps needs another good find yet to make it a real safe bet for investment - so naturally RKH needed to offer a carrot or two to get the partner- hence 60-40 and not 50-50

    Jul 13th, 2012 - 09:24 pm - Link - Report abuse 0
  • ljordao

    If all the islanders become millionaires, can Cristina at least get a Darwin Award?

    Jul 13th, 2012 - 10:12 pm - Link - Report abuse 0
  • M_of_FI

    Islander (74), the Argentines on here are clutching at straws. They are clambering for anything to sooth their own battered and bruised egos. They are realising their attempts to destroy the Falklands are futile. They are finally facing the fact that they are an incompetent nation.

    Jul 13th, 2012 - 10:13 pm - Link - Report abuse 0
  • British_Kirchnerist

    #60 “is that a veiled threat?”

    No, its just a fact that Latin America isn't anyones backyard anymore and won't be kicked around, they will peacefully get back whats theres

    Jul 13th, 2012 - 11:06 pm - Link - Report abuse 0
  • Marcos Alejandro

    74 Islander1
    Yesterdays drop was due to the fact that many many people don't like the deal.
    What happen with that “deal” with Texan Anadarko?

    Jul 13th, 2012 - 11:08 pm - Link - Report abuse 0
  • Islander1

    Marcos 78- Many bought RKH shares looking for a quick buck- toght to them!
    The others are in it to make over time in dividends - thats life - thats why there is a share market.
    Key factor is - there is a deal - funds are in place - and development will now go ahead. Just where does this leave CFK and all her threats and statements?
    Without doubt over the last 6 months RKH will have had nibbles and bites - and leaks of info - from several Companies. Premier has decided the bait on the hook is worthwhile and the taste is right. Simple as that.
    Have you ever sold anything? - if you have never, I can asure you it maybe a few offers and enquiries until you do a deal - be it a car- a house or an oil field!

    Jul 14th, 2012 - 12:16 am - Link - Report abuse 0
  • Simon68

    78 Marcos Alejandro (#)

    I don't know where you and Think get your data from, Mike, but its very wrong:

    RKH 254.75 +6.25 (2.52%)

    Up from mid-day when they stood at:

    RKH 251.25 + 1.11%

    Jul 14th, 2012 - 12:21 am - Link - Report abuse 0
  • Marcos Alejandro

    80 Simon68
    Brit, can you read your own language? I said yesterday.
    “Yesterdays drop was due to the fact that many many people don't like the deal”
    Mike?

    Jul 14th, 2012 - 12:26 am - Link - Report abuse 0
  • Simon68

    81 Marcos Alejandro (#)
    No you didn't, here is the quote:

    Great news! Is it?

    “Rockhopper fell 25.5p to 248.5p as hopes of a full-blown takeover all but vanished”

    No yesterday!!!

    Jul 14th, 2012 - 01:04 am - Link - Report abuse 0
  • Marcos Alejandro

    82 Simon68
    You can't still read your own language? Let me help you:

    78 Marcos Alejandro (#)
    Jul 13th, 2012 - 11:08 pm
    74 Islander1
    “YESTERDAYS drop was due to the fact that many many people don't like the deal.
    What happen with that “deal” with Texan Anadarko?'

    ”Simon“, Let me help you a little bit more:

    ”3 Oil and Gas Shares That Plunged This Week“

    Guess to know who are these three ”Simon“?
    ”LONDON -- Oil prices have grown progressively stronger this week..
    “However, solid oil and gas prices weren't enough to protect the share prices of some small oil and gas companies, which plunged dramatically. Here are three of this week's worst performers”

    1-BowLeven

    2-Aminex

    3-Rockhopper Exploration(Urinehopper Exploitation)

    ”Rockhopper Exploration's (ISE: RKH.L) share price slid 3.5% this week. Following news of its 60% farm-out deal with Premier Oil, the company's share price initially rose by more than 10% but ended the week lower as investors sold off the share, having digested the implications of the deal, which will take several years to produce any oil”

    http://www.dailyfinance.com/2012/07/13/3-oil-and-gas-shares-that-plunged-this-week/

    Jul 14th, 2012 - 01:28 am - Link - Report abuse 0
  • Islander1

    Marcos- clutching at straws! - Tell me- development will now happen starting maybe late 2013(it takes time to hire rigs etc) or early 2014 - and will be ready sometime second half 2017 to pump.What is CFK going to do?
    Answer is - Nought she can do.

    Jul 14th, 2012 - 02:27 am - Link - Report abuse 0
  • mollymauk

    @65 “I am quite sure that all those with a university education like mine do not reside in these islands”

    XAVIERV - you show a great lack of understanding of the Falkland Islands. You may choose not to believe it, but it is a fact that the Falklands have a very good standard of education. Students achieving the required results in their secondary education are fully funded through university, and the majority return to the islands. We have Falkland Islanders as doctors, lawyers (including the Principal Crown Council), pilots, vets, physiotherapists, pharmacists, agricultural scientists, fisheries scientists, economics and politics graduates, etc, etc. A large proportion of senior government and private sector positions are held by Falkland Islander university graduates.

    Jul 14th, 2012 - 08:39 am - Link - Report abuse 0
  • cLOHO

    83... The oil is coming, we will extract that black gold, and nothing you can do about it. When is plastic face going to sue the oil companies???

    Jul 14th, 2012 - 11:20 am - Link - Report abuse 0
  • Monty69

    85 mollymauk &

    I would also add that the islands attract people with a university education to do graduate level jobs, many of whom stay and make the islands their permanent home, adding to the pool of talent and skill. This would hardly be the case if there were no opportunities for someone with 'a university education like mine', would it XAVIERV?

    Jul 14th, 2012 - 12:39 pm - Link - Report abuse 0
  • Musky

    2@ LightThink
    Irresspective of the presense of viable hydrocarbons or not, Argentine malvinista types must be livid and yet Argentine legal action deadlines (I think there have been 2) come and go. CFK talks the talk and that's about it.

    It's about time CFK concentrated on her homeland not dreamland.

    Jul 14th, 2012 - 03:09 pm - Link - Report abuse 0
  • Simon68

    83 Marcos Alejandro (#)

    As Islander1 says, “Clutching at straws”, Mike.

    It seems that the farm-in with Premier is exactly the good news the share holders were waiting for. It will be interesting to see what happens next week.

    Jul 14th, 2012 - 03:40 pm - Link - Report abuse 0
  • Pete Bog

    It seems strange that the Malvanistas pick on whether oil company shares go up or down.
    The Falkland Islanders are still going to be better off as a result of oil exploration.

    Argentines winge but don't actually develop their own abundant resources in their huge country, and the icing on the cake is that the Argentines were offered a piece of the action but declined it. Which means the Islanders will make more money than if Argentina had taken them up on their generous offer.
    What is happening in fact is Argentina is angry at itself but venting its anger inneffectively at the UK and the Falkland Islanders instead of being man enough to admit they have been stupid.

    Jul 14th, 2012 - 04:15 pm - Link - Report abuse 0
  • ChrisR

    90 Pete Bog

    But you have to 'recall' (to use Malvinista speak) that it was the boss-eyed Nestor who tore the Falklands (there are STILL no Malvinas) agreement up presumably in a fit of pique that he couldn't get the islands and ALL the resources.

    And his cunning plan to puppet master Cristina the muppet and recovery them by force with Chavez as Chief of Staff, went up in smoke when he went up in smoke!

    Hence the utter shambles that is Argentina today.

    Jul 14th, 2012 - 06:42 pm - Link - Report abuse 0
  • briton

    In reality,
    Because you are either to lazy or to greedy to dig, drill , mine , or grow your own,

    You want to steal it from others,

    You can never win,
    thieves never do.

    Jul 14th, 2012 - 07:10 pm - Link - Report abuse 0
  • dab14763

    13 Doveoverdover

    Not totally British

    Major shareholders

    http://www.premier-oil.com/premieroil/investors/shareholder-analysis

    BlackRock is American
    AXA is French
    Threadneedle is American
    Artemis is mostly American
    BNP Paribas is French
    Norges Bank is Norwegian
    UBS is Swiss with the Singapore Government as the major shareholder
    TD is Canadian

    Jul 14th, 2012 - 07:39 pm - Link - Report abuse 0
  • ChrisR

    75 ljordao

    Excellent idea.

    I think, given the absolute disaster which is Argentina, we should nominate Cristina aka The Mad Bitch Of Argentina for the following category:

    Self-selection: Cause one's own demise.

    But of course she will think she is getting a genuine, meritorious award!

    LOL :o)

    Jul 14th, 2012 - 09:20 pm - Link - Report abuse 0
  • Pete Bog

    @91 Spot on
    Argentina are like the fans of a modest football club who sell agood player to a top football club because he wants to win medals and play in the champions league etc..
    When the modest football club plays the top club, the fansoften jeer the player that movedon to better things rather than do the effective thing and cheer on their OWN players to win.
    The modest club=Argentina, involved with something they cannot steal like Falklands oil rather than develop their own resources which are far, far more valuable than what will be found around the Falklands in comparison.

    Jul 14th, 2012 - 09:59 pm - Link - Report abuse 0
  • Pirat-Hunter

    The british illegal aliens better get our oil out soon to offer a better deal to russia India or pakistan to trade it us their nukes for out oil in Malvinas Argentina. Hurry hurry hurry slaves.

    Jul 15th, 2012 - 02:13 am - Link - Report abuse 0
  • v for victory

    Argentina had issued a warning to all prospecting oil companies on the 2nd May of legal action. OK, nothing has happened to date, but we will sue... honest, this time we mean it... really

    Jul 15th, 2012 - 02:15 am - Link - Report abuse 0
  • Marcos Alejandro

    84 Islander1
    Don't take my word for it, read this investor comment for example:

    “What on earth?!
    And this is a good deal?????
    The story of Rockhopper is one of a fish jumping into the boat and the silly sod tossing it back!”

    :-)))

    Jul 15th, 2012 - 04:19 am - Link - Report abuse 0
  • THEMan

    @96 You're just a retard, nothing more.
    This just shows that Argentina will never get the Falklands, since companies are highly investing in their economy and infrastructure.
    I just love it when they think that more countries support them, when in fact it is the exact opposite of it.

    Oh, and I'd like someone to explain to me the relevance of the FI's being a colony or not, because I seriously doubt that the status of them will affect the outcome of it all in the coming years.

    Jul 15th, 2012 - 04:19 pm - Link - Report abuse 0
  • ChrisR

    98 Marcos Alejandro

    Off post but I know you will like this after all your crap about one of our subs that had a commissioning accident some years ago: your Chinese mates have done it as well!

    http://usa.chinadaily.com.cn/china/2012-07/15/content_15581569.htm

    Who would have thought that the mighty Chinese (according to you) would be the same as the Brits? Anybody who has ever been in ships and has half-a-brain - so that lets you out.

    Jul 15th, 2012 - 05:33 pm - Link - Report abuse 0
  • Marcos Alejandro

    Another worried investor.

    “Premier played a blinder here and the victims were the Rockhopper shareholders who got nothing except the promise of a few crumbs in about 2018. The markets view is shown by the drop in the RKH shareprice with some large shareholders reducing their holdings since the announcement”

    Jul 15th, 2012 - 06:26 pm - Link - Report abuse 0
  • Pete Bog

    @101
    Whilst the Argentines are detering investors by increasing nationalisation, the Falkland Islands with a tiny % of Argentinas population show that they can do business with international corporations.

    Suggestion to Argentina (for your benefit).

    Send your politicians to visit the Falkland Islands Government, and they will give you instructions, very slowly, so, you, can u-n-d-e-r-s-t-a-n-d, how to run an economy properly and how not to get into debt and avoid poverty for your citizens.
    Whatever income results from the Falklands oilfields, will make FIs more wealthy than they aere now, as they know how to manage finances properly and target income efficiently to solve their country's problems. (ie oil or no oil, I believe nearly 40% of the FIs energy requirements are met by renewable sources.

    And that % will increase.

    Jul 15th, 2012 - 08:20 pm - Link - Report abuse 0
  • Islander1

    Marcos- Can please answer this one:

    If RKH had been unable to obtain a partner/finance in whatever form_ how would their shareholders ever have obtained a profit in the future?

    Please let us have your answer?

    Jul 15th, 2012 - 08:28 pm - Link - Report abuse 0
  • Marcos Alejandro

    103 Islander1

    Clearly Urinehopper Exploitation is having a hell of a time finding a partner, the big oil is not interested, the main reason is that the islands are still claimed by Argentina(with regional and international support), BP for example said no thank you, Texan Anadarko deal and others did not happen.
    Regardless of this “new partner”, British of course, “RKH” poor shareholders are destined to lose a lot of money in the future.
    But not to worried, the chief executives and a few well connected investors(some “Bigheads” included) will do just fine when the “ship” finally sinks.

    Jul 16th, 2012 - 12:31 am - Link - Report abuse 0
  • Islander1

    Marcos,
    You have a lot less understandin of the way Int Oil companies work than even I do!
    They all have- and continually monitor them- their “International Portfolios” of potential- exploring- exploiting-pumping-windingdown oil fields, and spread wide around the world.
    Where a company is with theirs and where they see themselves going - decides which area they go into. And what they see as markets in 5-1o-20yrs etc.
    BP - silly bugger, they are working IN Argentinina - even a dumbo like you can see that they would not want to go into Falklands areas without getting out of Argentina first - and they naturally have decided that for the meanwhile they will stay put - simple as that!
    Andarko - so you know what the deal was then - do tell us? I suspect this was one of several(but this one leaked out) bites and nibbles - but no deal was do-able that suited both at the time- so it didn,t.
    As for Argentina- please list the Countries that have publically stated they support Arg oil rights in the area and will take action against anyone that enters?
    And I do not mean where national Govts quietly advise their own state backed companies not to invest. I need hard facts and evidence that will frighten medium & large Milticnationals off.
    Your first sentence is out of date- RKH HAVE their partner! Plans will now proceed accordingly.
    FOGL will be drilling soon and will continue with their new partner into 2013.
    Then there may be a lull in activity for a few months. Always planned and known there would be one- what we did not know was for how long- now we do - until early 2014.
    In the offshore lull period - there will be a lot going on onshore here in uprating supply services etc ready for 2014.

    Sorry - Argentina in 2010-2012 has fired all its shots - and all missed or bounced back!

    Jul 16th, 2012 - 01:28 am - Link - Report abuse 0
  • Doveoverdover

    @105 How true, and occasional misfires like Stebbing are only to be expected.

    Jul 16th, 2012 - 08:56 am - Link - Report abuse 0
  • Be serious

    106
    Stebbing remains a reasonable prospect, the disappointment being B&C's inability in the time available to reach the lower levels. These oil chaps are a determined lot and don't give in easily.

    Jul 16th, 2012 - 12:40 pm - Link - Report abuse 0
  • Doveoverdover

    107
    But it is still a misfire. The geology, the technology, the time and the money all conspired to produce something less than desirable for anyone who wasn't wishing for a duster, aye think. Anyway, there is still the result of the Darwin sample and the plan for further exploration to come. Meanwhile, Loligo calls.

    Jul 16th, 2012 - 01:55 pm - Link - Report abuse 0
  • Beef

    Marcos knows a lot about little. Premier are a great partner. Experience with FPSO projects and a UK company. The FI will turn Premier Oil from a mid-cap into a major and the UK increases its energy security.

    We have found a working hydrocarbon system in the SFB and a result like Stebbing is a set back to be expected.

    Loligo is my next love.

    Jul 16th, 2012 - 05:38 pm - Link - Report abuse 0
  • Pete Bog

    If substantial oil reserves are not found around the FI (its still early days), it will be dissapointing, but without that oil FIG can still run its economy competently (ie not at a loss).
    Whereas Argentina with its lack of business and management acumnen couldn't even run a fairground ride properly.

    Jul 16th, 2012 - 09:28 pm - Link - Report abuse 0
  • Marcos Alejandro

    Like I said at #104
    “Regardless of this “new partner”, British of course, “RKH” poor shareholders are destined to lose a lot of money in the future”
    The future is closer that I thought! Urinehopper update(yesterday) 223.12 -32.00 (-12.56%)

    Not to worry, in a few hours will go up again thanks to a few well connected investors.

    Jul 17th, 2012 - 04:05 am - Link - Report abuse 0
  • lost1

    Please support this page - Falkland Islands Desire The Right - dedicated to Falkland Islands current affairs, keeping the islands free and poking fun at the lunacy of the Argentine government and their various claims and winding up their Internet trolls -

    https://www.facebook.com/Britain1592

    Jul 20th, 2012 - 05:08 pm - Link - Report abuse 0

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