Falklands’ government approves Rockhopper farm-out agreement with Premier Oil
Rockhopper Exploration which struck oil at its North Falkland basin Sea Lion exploratory well in May 2010 has received formal agreement from the Falkland Islands Government to the farm-out agreement reached with Premier Oil.
The Islands’ Executive Council approved changes to the Company's production licence interests held in the Falklands to permit the assignment of 60% of Rockhopper’s licenses to Premier Oil and the approval of Premier Oil to become the operator of the licenses.
In July 2012 Rockhopper announced that it had entered into a conditional farm-out agreement with Premier Oil plc, whereby Premier agreed to acquire 60% of Rockhopper's interests in its North Falkland Basin licences. Formal completion of the farm-out process is anticipated shortly.
The changes to Rockhopper production licence interests the assignment of 60% of Production Licences PL023, PL024, PL032 and PL033, and 60% of Rockhopper's interest in PL003 and PL004, to Premier Oil Exploration & Production Ltd; and the approval of Premier Oil Exploration & Production Ltd to become operator of Production Licences PL023, PL024, PL032, PL033 and area PL004b of Production Licence PL004, according to the official release.
Earlier this week Rockhopper revealed to the Falklands’ community the socio economic impact study carried out by Plexus Energy on the possible impacts of the Sea Lion development.
Rockhopper has carried out an extensive work program over a number of years on its North Falkland basin including 2D and 3D seismic and controlled source electromagnetic mapping.
In February 2010 the Ocean Guardian drilling rig arrived in Falkland’ waters to carry out a multi-well drilling campaign and Rockhopper drilled an exploration well on Sea Lion during April and May 2010, the result of which was the first oil discovery and Contingent Resource in the North Falkland Basin.
The Sea Lion discovery was successfully tested during September 2010 and June 2011 and was the first oil to flow to surface in Falkland Islands waters. Rockhopper's drilling campaign lasted from 16 April 2010 to 8 January 2012 and resulted in seven successful wells of the ten drilled, with three oil discoveries, three gas discoveries, multiple successful Sea Lion appraisal wells and a successful appraisal well on Casper.
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55 comments Feed
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We will build a nuclear bomb and after killing all F. islanders, bring slaves from recently conquered Ghana to work in our oil fields!
By the way he said he´s interested in keep on visiting the different regions of Argentina, including Islas Malvinas and Antártida.
Nice guy this Matthew Lee.
www.infobae.com/notas/675447-Taiwan-augura-una-Argentina-entre-las-10-mas-grandes-del-mundo.html
Matthew Lee can say anything, I mean....everyone typical fattens a pig before the slaughter
Why don´t you just focus on the facts:
You´re exploiting unilateraly resources from argentine waters ignoring the international community.
As an American, I sit back as say...”man, the Islanders and the UK is more than calm nand patient with the annoying tactics of asslips. I think be now we would have done a bit of rosting, putting a foot up christina's tight asshole.
Israel has no nuclear weapons.,could has some lab weapons.
Also it says “should be” = debera. Argentina SHOULD have been in the top 10 richest for the past 100 years, but they just can't stop fucking themselves over since the 1960's.
“considers British unilateral exploration on argentine waters is harming Argentina´s economy capabilities.”
Argentina has done a good job of harming its own economic capabilities without the assistance of anyone else.
Repsol/YPF was not the UK's fault, that was all Argentina's doing.
The appopriation of YPF from Repsol doesn't seem to have made Argentina more wealthy, and attracted investment, in fact the opposite.
But you live in a 'blame everyone else' culture instead of owning up to the fact that Argentina screws itself up brilliantly with no help from anyone else.
No sir not pirates steeling any resources. These resourses are out side your off shore jurisdiction and firmly in the Falkland Islands one. As the Falklands do not belong to you and never has you can go take a running jump. It does highlight why you greedy gits are wanting our hoe. It is not the land we live on but the wealth around us. Now is that not so similar to all other oil guzzling countries. Back of because we have the right to do as we want in our territory and nothing you say or try to do will change it period.
Oct 13th, 2012 - 02:39 pm
Slight error, Condorito is on your side, kelperabout. He was taking the piss out of the malvinistas in #1
Glad you caught that one!! I missed it, but it is a funny post!!
Is that why Urinehopper is down again?
167.38 -3.00 (-1.76%) Stealing is bad karma.
Oct 13th, 2012 - 03:11 pm
Funny it seems to have gone up from 166.50 to 167.38. By the way Marcos do you have shares in RKH, you seem very interested in their share prices?
“Stealing is bad karma.”
How nice of you to agree that Argentina not repaying their debts is essentially the same as stealing.
And not having reimbursed Repsol is providing very Sh1t karma for the Argentines as very few oil companies seem to trust them to invest-that in essence was stealing so it proves your point.
Also the Argentines theft of the Falklands in 1982 by force on the face of it was not exactly the best idea they have ever had and has bought the worst Karma possible in that while the islanders might have reluctantly talked to Argentina in the 80s had there not beeen a war, there is absolutely NO CHANCE they are going to want to EVER discuss anything other than bilateral trade.
I hope Argentina will not attempt to steal the Falkland Islands again other wise their karma will nosedive very very rapidly.
Salute.
@5 They can say what they like while they are taking your resources and your country.
@8 Says who? You? But you're just a genocidal, racist, xenophobic, implanted rebel colony. You're irrelevant.
Argentina could be among the 10 richest countries of the world. Good you agree with that. Of course we have a lot of work to do before we can achieve that, like liberating part of our territory from British colonial control.
China supports Argentina. Both Popular and Democratic. Get over it.
Whan i say is irrelevant certainly
Your problem is that for you what¨s irrelevant is what the world represented by the UN thinks
Because you still believe you^re in the British Empire times
But those days are gone and only a few reminiscencies persist like those 10 non self governing territores in the C24
It won`t be long untill our land is liberated
Keep dreaming Sir, after all its not like all your other strategies have failed. Ha ha ha ha ha ha!
Can I just ask you what you think should happen to places like St Helena and Pitcairn Island that have no wish to be anything other than a British Overseas Territory?
Do you think they should be made to be independent against the will of the inhabitants?
Can I also ask you what is 'democratic' about China?
Thanks.
Just look at all the Argie posters!!!! They don't know how to answer this one!!!! They can't handle all this good news from the Falklands!!!
Suck it up guys!! All your threats and tantrums have all been for nothing!! Fate really has a way of sticking it in and breaking it off doesn't it??
Now watch and learn as the Falkland Islands economy becomes a SUCCESS. You do remember what that word means don't you? I mean, really....
When could you have described anything coming out of Argentina as a SUCCESS? answers on a postage stamp please.
#32....time after time, argentina paints itself in a corner, walks off a cliff, sets their house on fire by BBQing in the bathtub and they blamce everyone else. Until they lose their unfounded ego and proud and take away cfk's oxygen, they will neve have prosperity for their country or people.
Oil Prospectors come to drill in the South Atlantic ocean.
The Islanders granted to them all an off shore drilling licence
The Argentines are up in arms and brimming with emption.
This is our oil The Argies Cry , But no one is actually listening
We want that oil the Falkland islanders are stealing.
Not quite sure why all the fuss the Falkland don’t belong to them
CFK is mad as hell you can actually hear her squealing.
The Argentines have tried all the tricks to throw a spanner in the works
Putting Blockades in the oilmen’s path to make them go away.
But the Islanders are having none of that and Britain supports there move
Ships still come 8,000 miles they have another way.
No matter what you try to do you Argentines will never succeed
We Islanders know we cannot trust them no matter what they say.
So our message to you Argentines give up now and fade away.
“Argentina could be among the 10 richest countries of the world.”
Perfectly true.
“like liberating part of our territory”
No, this should read replacing a colonial power with another one-basically you Argentines want to copy what Britain used to do and be a colonial power yourself-don't forget you killed most of the native population of your country and colonised it-so you are accusing Britain of doing what you have and continue to want to do=hypocrite.
You seek to be an imperialist/colonialist power copying Britain from the past which is impeding that progress as you could be MAKING LOTS OF money from the Falklands by doing something, really, easy=stop threatening them with your colonialist aspirations.
What Argentina needs to do is pay the FIG as consultants and they will tell you how to run your country and get rich WITHOUT (like China) wanting to take all your resources and leaving you for dead when they are exhausted.
But by all means get into bed with China if you wish and get sucked dry.
This is what he actually said !!!!!
“Next year I have two wishes also. The first is to continue working for relations between Taiwan and Argentina, interiorizándome with each of the regions of this country and hoping to have the opportunity to visit Antarctica and the Falkland Islands”
Also, what he actually meant was, if Argentina belonged to Taiwan then it WOULD be one of the ten most wealthy nations in the world.
The unasked question, why is it not ? He was too polite to answer,
jejejeeeeeeeeeeeeeeee
the falkloosers dreaming again about the islands “could soon be very rich”....
so far in 189 years........
no hotels....no apartment buildings....no airlines....
no good restaurants..
no shopping centers....no supermarkets...
no community colleges...
no monies...no class ....keep the islands in your arse!
The UN supporting the Falklanders efforts at exploiting their own resources !
:-)
Jealousy I think is what you are trying to say. Who wants over crowded places like you sugest. We have a first class Air Link to and Frm England so do not need any Latin American ones which are controlled by Argentina. We don't need much more than we have already got and the one thing you can not in your wildest dreams put a price on and that is Total Freedom. Something Argentines do not appear to have, Why you can't even take your money out of the Country. No matter how you try to counter anything we Islanders say or do it is never going to work.
Don't you just love it when such a small group of people can acheive so much while a so called developed Country looses so much.
I know why the vast majority of you want our Islands. It is because Argentina is no longer the dream place to live anymore. Sorry folks but we don't need any more tripe on this unspoilt land so get used to it . The oil money will change how we live I agree but it will also mean that your lot will have an even bigger job to try to take us over.
Apartments are for people who cannot afford a house on the ground
The airlines used by the Falklanders are SAFE !!! Aerolinas ?
Why do you want a supermarket or a shopping centre?
Your definition of a good restaurant is ? the house of pancakes ?
Basically you are annoyed that the Islanders do not buy into your shallow, superficial, narcissistic life style.
You are obsessed with class - because you obviously have none.
Your language indicates that you are anything but a “Lady”.
Millions of American citizens do not buy in to your ideal life either,
You have also written off most of Asia and Africa with your ridiculous notion that money=class.
On a different point, why is it that so many Argentinians have two nationalities and chose to live abroad - usually in countries that they say they despise ?
Lord Ton, thanks for your link.
The Argentine's new stance, that because the population of the Falklands cannot have been a colony because they were not exploited is interesting but again they insist that the population on the Falkalnd Islands (presumably 1833) was expelled by military force. I wonder how long it is going to take the UK government to reply no, that is a lie and there were no transplanted English population left by Clio in 1833, and that Vernets settlers the majority of which were South Americans were allowed to stay. This would nail this lie dead in the water, and the Argentines would have to think of a more complicated and convoluted explaination as to why self-determination does not count.
Interesting that no resolution was forwarded to the General Council.
Made me chuckle! Good sense of humour!
Thanks you ;-)
The comment was supposed to be just absurd enough to give away that is was not to be taken seriously. At least Simon twigged.
It seems that when one makes ridiculous absurd comments one is mistaken for an Argie troll.
www.parlamentario.com/noticia-49210.html
Note - There is no such ban, it is an Argentine myth.
'Argentina Ambassador presented credentials to Queen Elizabeth II'
noticias.terra.com.mx/mundo/la-embajadora-argentina-presento-las-cartas-credenciales-ante-isabel-ii,9f3061a08d56a310VgnCLD2000000ec6eb0aRCRD.html
It shows clearly how backward Argentines really are. Also shows that the do not actually know who lives on our Isands. We have people from all walks of life and Argentines are among them. There is no ban on Argentines coming to visit or stay on our land never has been.
The only aception is that they cannot own property or if they do it is by permit just like it is for any other foriegn person whising to own property here.
It also clearly shows that these morons who spend all their lives hating us havenot even done their homework. Very quick to condemn but slow to grasp the truth.
What is also very noticeable is that every time an Argentine CFK hardliner opens their mouth they have a bad habbit of putting their foot firmly in it because they forgot to do their research.
Falkland islanders on the othe hand spend a lot of time researching things Argentina bieng one of them.
What's that old saying Keep your friend close but keep your enemies closer. That in this case has prooved to be a very real fact.
I would like to thank you for your exemplary work, much appreciated.
@47 kelperabout
Thanks for clarifying. Makes me wonder how they come up with these stories!
Lets face it. High rise buildings are the best!
The falkloosers don't know any better!
lol
You should know the 3,000 folkloosers are retards!
Bit obvious ??
So much you obviously do not know about us as a people.
We have a multinational population that has for nearly 200 years been able to live in complete harmony with each other.
We have the worlds largest most accessible wild life where nature is very much in control.
We have access to and paid for by our government of overseas collage and further studies which have seen in return for their investment fully quallified doctors, teachers, Laywers, accountants etc. the list is growing every year.
We can boast to the fact that more than two thirds of our entire population has at some time been able to travel to other parts of the world.
We have no unemployment. In fact we have special employment programs for those who would normally not be able to work which many countries cannot afford to have.
We are leading the way in fisheries mangment .
We are self sufficient in everyway except for requiring protection from Agressive neighbours.
We have a democracy that is envied by our Latin American neighbours.
We have almost three cars per person on the islands.
We have many self made millionaires given that our population is so small by world standards shows just how resoursful our people are.
so ”50 Sussie USA (#)” what do you have as a person that would make me want a part of your lifestyle . The answer to that is easy . NOTHING
Sussie unlike myself has not enjoyed the chance to enjoy the FIs-I was relieved that there were no Tower blocks, no huge shopping centres, no souless hotels.
Sussie will never understand the thrills of planting Tussac grass, or going to sleep on a sunny slope listening to the sound of Mollymawks and Rockies, with the scent of Vanilla Daisies and Cinnamon grass wafting over.
She just prefers living in a smoky overpopulated hell where money is more important than the quality of life itself.
Got in one . Just cant beat that tranquility. Beats the hell out of constant city noise. Susie should come try it some time maybe her thinking would improve though not sure how as I believe susie is way past help. Probably had her mind twisted at a very young age by the Argie system.
Kelperabout
Her rants would seem to suggest that she is not as satisfied with living in the smoke as she claims-lol.
It makes a change positively describing the beautiful parts of the islands rather than repelling Malvanistas.
The Falkland Islands are like anywhere else-view it from space and it is an unimpressive wasteland-view it up close and it opens up like a picture, wild strawberrries, teaberries, beautiful trees on the west, those were the days.......
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