Friday, February 5th 2010 - 04:39 UTC

More companies line up to join the Falklands’ oil rush

While there have been strong protests from the Argentine Government about the drilling program due to start in Falkland Islands waters this month, it has not deterred other companies wanting to join Desire Petroleum, Rockhopper Exploration and Falklands Oil and Gas in the search for oil.

Desire Petroleum CEO Ian Duncan next to oil exploration material stocked in the Falklands.   (Photo: Upstream).- Zoom Image

At an extraordinary meeting of the Falklands’ government Executive Council on Wednesday, new applications for seismic and geophysical surveys were considered and Governor Alan Huckle was advised to seek approval for both.

Director of Mineral Resources, Phyl Rendell said an application had been received from a company considering seismic survey work for an oil company with production licences in the Islands.

To allow a vessel to survey here, the company requires an exploration licence and the Governor was advised to seek approval for the award of a licence.

A further application from a geophysical survey company to carry out a speculative seismic survey in unlicensed acreage was also considered.

Mrs Rendell said this application was encouraging and demonstrated the willingness of companies to invest in additional data acquisition.

Details are yet to be agreed on the scale of the survey, but meanwhile Governor Huckle was advised to seek consent to award an exploration licence and thus allow the survey to proceed.

In both cases the proposed surveying is outside the fisheries area that is potentially active in coming months, said Mrs Rendell. (Penguin News)

18 comments Feed

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1 Argie (#) Feb 05th, 2010 - 01:23 pm Report abuse
I feel they're all treading dangerous waters. Time will tell.
2 ed (#) Feb 05th, 2010 - 02:44 pm Report abuse
these companies ' taxes will be paid to Argentina
3 usedtoliveinba (#) Feb 05th, 2010 - 03:01 pm Report abuse
I love the narcissism of Argentinians, don't you realise most people don't even know where your country is? You have no army, no money and little respect in the world community. How in the world could this end up being a problem when The Falklands are under UK authority, protection and laws? And that ridiculous Cristina thought changing the law to keep out oil exploration companies would stop them from investing in The Falklands I think all the plastic surgery must be warping her reality.
4 ed (#) Feb 05th, 2010 - 03:43 pm Report abuse
the owner of comment(2) ...! nameless friend !..unknown person..!

I said that we 'll take back Malvinass “ sin problemas ” from the Queen and her - worker bees - !..I haven't say that we use money , army, blood..
to take back !!

if you think borrow from China to import eggplant ,pepper,onion..
it would be very expensive for you !!
5 gong (#) Feb 05th, 2010 - 04:01 pm Report abuse
the Britons clenched to the World's some strategical points away like ....Malvinas...Cyprus...Gibraltar..some Off Shore Islands... byhectoring around the French..Germans...Zulus...Basks...White Russians...Estonians...
i fear that they will capture Miami..Las Vegas...Atlantic City ..
as strategical points...!!!???
6 tarzan (#) Feb 05th, 2010 - 05:37 pm Report abuse
stadium : el Malvinas
audiaence : 3 blns
min 26 .... Argentina : 1 England : 0
goal : Pedro (*) min (5) (*) petrol companies
7 pepe (#) Feb 05th, 2010 - 06:35 pm Report abuse
I don 't watch this bout ..I just listen from radio...I listen.....I listen...
8 max (#) Feb 05th, 2010 - 07:34 pm Report abuse
wow usedtolive,what a cunt statement..you think we give a rat aids ass about 2 barrels of oil when we have billions of em underneath our soil?
this is about legitimate supremacy over the islands,not about profit from illegal ocupation of said territory
and u really lived in ba? i doubt it..but i agree with you on the plastic surgery thing..shes messed up and we hate her with a passion.
cheers
9 Boer (#) Feb 05th, 2010 - 07:36 pm Report abuse
Remember Spion Kop...
10 Michel (#) Feb 06th, 2010 - 05:30 am Report abuse
Hello Everybody!
Malvinas are Argentinians. When you understand this point, everything will change. All argentinian people think that MALVINAS are Argentinians. For ever. No doubts for us. So, please, stop with this program. Respect to the argentinian people!
11 ed (#) Feb 06th, 2010 - 10:10 am Report abuse
www.marketoracle.co.uk/Article17018.html
12 jorge (#) Feb 07th, 2010 - 04:52 am Report abuse
Usedtoliveinba you surely did not make such opinion publicly here. You are such ignorant and asshole!!!!!!!!!!!!!!!!!!!!!!!!!!!
13 cougar (#) Feb 07th, 2010 - 11:29 am Report abuse
NOTICE !!

my worthy friends you'll miss me the new name “ cougar” becouse
i changed my old “ Tarzan ” name !! i like you all !!
14 exocet82 (#) Feb 08th, 2010 - 05:46 am Report abuse
usedtoliveinba
“I love the narcissism of Argentinians, don't you realise most people don't even know where your country is?” It is not our fault that people are ignorant. Just like your countrymen that in 1982 they had to go to the map to look the place up. Many could not read a map.
15 khh (#) Feb 08th, 2010 - 12:07 pm Report abuse
like your countrymen that in 1982 they had to go to the map to look the place up. Many could not read a map.

How many of your airmen flew in to mountains? I will tell you , a few x2 on the south jason island x1 on blue mt & x1 near murrel bridge!!!! were there maps upside down? so zip it noddy.
16 exocet82 (#) Feb 10th, 2010 - 06:13 am Report abuse
khh...youbig NODDY...I gather that by the number of wars that the RAF participated in, that the RAF surpasses the rgies with with this experience. One happened in our very own Andes, with a Lancasterian. Do you still want want another salvo?

en.wikipedia.org/wiki/Star_Dust_(aircraft)
17 khh (#) Feb 10th, 2010 - 10:39 am Report abuse
fair point, I remember a program about it, the lancaster was in a glacier for years undiscoverd.
18 Expat Kelper (#) Feb 10th, 2010 - 04:16 pm Report abuse
That particular Lancaster was flying as a civilian airliner and was not on an RAF mission.

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