Some interesting buys going through on Desire Petroleum. The Ninky well result is just around the corner, probably Monday. Make or break time for Desire. Haven't bought in but have increased my Rockhopper holding as this will benefit from any Desire strike in terms of it's 7.5% stake and also the impact on the Falklands basin generally. Let's see what happens in the next hour!
Desire's well probably has a 1 in 3 chance of success as it's an exploration drill. After Ninky the Ocean Guardian rig moves to Rockhoppers acreage for 3 wells.