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Not really, since it now has 4 back to back wells to drill

with a what, 15% chance of success on each? deep water wells are tricky and people who think des is a sure thing 'may' get a rude awakening.

then again i discounted rkh at 40p - thought the risk was too high - lol :p
 
Risk = reward as RKH have proved - now up to 480p.

MATD are doing well for me now, up to 184 today, i bought in at 133.

All these small oilies have shot up in the last week, It's bound to retract soon.
 
GKP are doing very well - reports that they are going for a main listing. that would put hem automatically in the ftse250 and not far off the ftse100 after that.
 
500p on rockhopper now. ridiculous!!!

It'll be even more once the upgraded reserves are announced, think we'll see an upgrade somewhere between 400-500MMBBLS.

With plans to join the FTSE250 and hopefully being able to secure a second rig the share price should be quite a bit higher by the end of the year.

Hopefully DES get some luck next with the rig aswell.
 
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