Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Googles showing a higher market cap from 80 million to 85 million can only be a good thing what do you reckon guys..we hopeful of 30p soon?
I have a really strong feeling this share will hit 30p sooner than later..matter of time...just need to stay patient...its been rated at 70p already by PEEL HUNT so you just have to be patient, not sell and relax .... Peel Hunt initiates buy on Desire Petroleum, target price 70p. http://www.stockmarketwire.com/article/4440500/Broker-News-Views.html
no sell outs plz whenever summat guds goin we sell up and run away gud sp. ..who wuda thought eh breaking already . anyone confident it will rise to 30p ad be happy with that before any news.
I think no one has a clue whats going on with DES ,all speculation, everytime we have something good happening with the SP shooting 24p we have a panic an everyone on a bail out...people are too scared to invest..and its about beating around the bush with our forums...half the time talking off topic issues including myself..lol think we need a professional to guide us on this one ! lolz anyways still hopeful of DES picking up one day hmmm maybe sooner than later eh...
Peel Hunt initiates buy on Desire Petroleum, target price 70p I am hopeful of 50p in shortterm. http://www.stockmarketwire.com/article/4440407/Brokers-roundup-downgrades-for-May-Gurney-after-profits-warning.html
Notes to Tables: (1) Gross: the entire on block volumes. (2) The reservoir objectives are Lower Cretaceous Barremian F3 early post-rift sandstones for all prospects. (3) The quoted Low, Best and High values are derived from the 90% probability (P90), Mean and 10% probability (P10) respectively, from probabilistic estimates of the STOIIP size distribution generated using a ”Monte Carlo” statistical approach. (4) Note that totals were generated from probabilistic consolidation (not from summing the amounts in the individual reservoirs). (5) The amounts net attributable to Desire according to net equity interest in the licence. This statement has been approved by Mr Ken Black, Exploration Director of Desire Petroleum plc, who is a member of the Petroleum Exploration Society of Great Britain, with over 30 years experience in petroleum exploration and management and who is a Qualified Person in accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies.
Un-Risked Prospective Recoverable Resources Gross(1) (MMstb) Prospect: Reservoir(2) Low(3) Best(3) High(3) Risk Factor or COS % Elaine North 8.4 26.1 48.3 30 Elaine South 23.0 106.0 212.0 30 Isobel 45.7 205.0 408 30 Total(4) 146 337 566 Un-Risked Prospective Recoverable Resources Net(5) to Desire (MMstb) Prospect: Reservoir(2) Low(3) Best(3) High(3) Risk Factor or COS % Elaine North 7.7 24.1 44.7 30 Elaine South 21.3 98.1 196.1 30 Isobel 42.3 189.6 377.4 30 Total(4) 135 312 524
Commenting on the CPR update, Stephen Phipps, Chairman of Desire, said: “We are delighted that our prospect inventory continues to strengthen and that some of the best remaining potential in the North Falkland Basin is within licence PL004 in which Desire has a strong equity position. The Elaine and Isobel prospects are very attractive drilling targets, particularly as the basin moves into a new phase of activity. The planned development of the Sea Lion discovery demonstrates the commerciality of major discoveries in the basin and we are optimistic that the Elaine and Isobel prospects can deliver significant value for our investors. As our prospect inventory matures, we will be seeking industry partners to participate in further exploration of our licences and the quality of prospects like Elaine and Isobel provides a strong platform for success.” The CPR update was prepared by Senergy, a major independent consultancy specialising in reservoir engineering, geology, geophysics and petroleum economics. Senergy have used all available information and interpretations supplied by Desire. The CPR update, including a glossary of key terms, can be downloaded from the Desire website: www.desireplc.co.uk. A full CPR covering all of the Company’s prospect inventory and discoveries will be issued in Q4 2012. The gross prospective resources and net to Desire prospective resources for the Elaine/Isobel prospects, as extracted from the CPR update, are shown in the tables below:
Best case un-risked prospective recoverable oil resources net to Desire are estimated to be 312 MMstb The Elaine and Isobel fans are developed in the southeast of the basin within the basal part of the F sequence and are similar to the Sea Lion fans further north The seismic expression indicates a thick, sand-prone interval inter-bedded with mature oil source rock and combined structural/stratigraphic traps mapped on the downthrown side of the basin-bounding fault system The volumetric assessment of the total Elaine and Isobel prospect area indicates gross prospective resources which are comparable with the size of the Sea Lion field and with a geological chance of success of 30%
http://uk.mobile.reuters.com/article/idUKL6E8JG1FF20120816?irpc=932
http://www.fool.co.uk/news/investing/company-comment/2012/08/16/desire-petroleum-upgrades-its-falkland-oil-resourc.aspx is the boom now coming...am i good to say 40p whats everyones end price for today or by friday guys
just watch tick tock
booom 40p by four pm gauranteed it was going to happen neway hus watch it tick high...like i optimised it to be....i was right as always
i still think it will be 30p . ..
i seriously wish we can get 30p seriously am hopeful we can get back up there...just need more buys than sells
from 19.75 to 20.75 steady rise should be 24p in no time.....keep em coming !
i think its a great time to buy look at the sp its always been above 30p so we shud hear a gud gud response !
hmm alot of sells going through today ?
Come on des whrs all the investors hiding today
see falklands oil and gas ticking up 5% come on des show us some luck today...