Desire Petroleum Ordinary 1p (DES)

News, reports & tips

• Brokers rush to reappraise Rockhopper and Desire
  13 Dec, 2011 15:03
  Rockhopper Exploration, the company which found oil off the north coast of the Falkland Islands, has seen its shares soar 9.3% this morning following the announcement of a successful well…

• Desire in farm-out agreement with Rockhopper
  12 Oct, 2011 09:23
  Desire Petroleum, the exploration company wholly focused on the North Falkland Basin, has agreed the terms of a farm-out agreement.

• London midday: Stocks stuck lower but Lloyds bucks trend
  12 Sep, 2011 12:03
  The top share index is stuck firmly in negative territory as worries over the Eurozone crisis and possible effects on global growth continue.

• London open: Stocks tumble after banking report
  12 Sep, 2011 08:24
  Footsie has dived more than 100 points at the outset as the markets get to grips with the details of the Vickers report from the Independent Commission on Banking.

• No news on Desire's financing options
  12 Sep, 2011 08:13
  Falkland Islands oil explorer Desire Petroleum has moved back into the black after benefiting from gains on foreign exchange, but investors were more concerned about the rapidly diminishing cash pile.…

• Desire shares piggy back on Rockhopper
  15 Aug, 2011 12:01
  Shares in Desire Petroleum jumped 13% on the news that there may be more oil than expected in one of its licences off the Falkland Islands.

• London close: More gains for FTSE 100
  31 May, 2011 16:38
  Stocks built on the strong gains they posted ahead of the long weekend, surpassing the 6,000 point mark but finishing slightly below that psychologically-important level.

• London afternoon: Stocks sail on Greek tailwinds
  31 May, 2011 14:21
  Optimism about a resolution to Greece's latest dire need for a bail-out is giving equities a boost today, providing some much needed focus on a day that is short of…

• Desire pleases with 'encouraging' data
  31 May, 2011 12:36
  Investors at Desire Petroleum were given a reason to buy after the company announced positive 3D seismic data from the East Flank Play Fairway.

• London close: S&P scares off investors
  18 Apr, 2011 17:02
  Having started the day with hopes of rising back above 6,000, the top share index hurtled in the opposite direction to fall below 5,900 after debt ratings firm Standard &…

• Desire slumps after abandoning well
  18 Apr, 2011 13:09
  Falklands oil explorer Desire Petroleum crashed to a 52-week low after plugging and abandoning the 14/15-3 well on the Ninky prospect in the North Falkland basin.

• London midday: Desire subsides after well wash-out
  18 Apr, 2011 12:18
  Bright spots are hard to find on the first trading days of the shortened week, and far from bursting through the 6,000 barrier Footsie heads at pace in the opposite…

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