CPR confirms potential of Desire Petroleum discoveries in the Falklands
Falklands’ oil explorer Desire Petroleum announced on Friday that the findings of a Competent Person’s Report, CPR, have confirmed the potential of its discoveries offshore the Islands in the North Falkland Basin.
The CPR, by energy consultant Senergy from Britain is a complete prospect inventory of all assets and is based on the final interpretation of the 2012 merged 3D seismic survey as well as an assessment of the 14/19-1 Liz gas condensate discovery.
The CPR estimated the chance of commercial development at the Sea Lion complex at 80% and 25% for the gas condensate at Liz discovery.
Commenting on the results of CPR, Desire chairman Stephen Phipps said that the immediate priority is promoting the prospects inventory and attract further investment.
“We are delighted that this CPR confirms our view that the Desire licenses have excellent remaining exploration potential. Our immediate priority will be to promote our extensive prospect inventory and to attract further investment into our licenses”, said Mr. Phipps.
Desire said it now had 41 oil prospects and 4 gas prospects, 12 of which had best case prospective resources of over 100 million barrels of stock tank oil.
“Our prospect inventory has been greatly strengthened following the interpretation of the 2012 merged 3D survey and we are now able to promote multiple prospects for drilling with stacked targets”, said Mr Phipps.
He also pointed out that based on the CPR there are several play types to explore but “the stand-out potential is in the East Flank play where there are many prospects analogous to the Sea Lion Complex”.
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42 comments Feed
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Here come the envy and jealousy of the argie bloggers blab la bla .
.
HAhahahahahahahaha.
Hah, the Green eyed goddess, a fickle wench indeed!!!!!!!!!!!!!!!!
I can say easily that Falkland & purlieus has no notably and commercially
potential oil/gas reserves.
but they have sheep/penguin potentials.
I see lightthink is living up to his username again...............
thinking lightly.lol.
thanks poet .....
You'll just stand and watch.
I'll bite: What heist??
Give us a clue - how many “fair minded Brits won't stand for it”
What do you intend to do about it ? Find a quorum of 4 and lobby your local MP .
Who is your local MP ?
You won't stand for it eh? Sit down then, if it makes you feel better.
Woooooooooooooooooooooooooooooow........
A positive ”Competent Person Report”, given by British independent ”Energy Consultant Senergy” to ”Despire Petroleum” of Britain…..
The same independent ”Senergy Energy Consultant” that ”Despire Petroleum” exploration director, Ken Black, used to be a director of, I gather…….
www.desireplc.co.uk/about_us_directors.php?profile=KB
No wonder that the city has no confidence in this ”Competent Person Report”………
uk.finance.yahoo.com/echarts?s=DES.L#symbol=des.l;range=1m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Nevertheless……
My recommendation as a ”Competent Person” to all you British Turnips is….:BUY, BUY, BUY…..................................................
Mortgage your homes, sell the car, pimp the missus, kick those parasitic kids out and invest all your monies in Despire Petroleum shares…
I guarantee that, if you do, you will “Think” about me for the rest of your lifes……
Chuckle chuckle©
“The British oíl firms are stúpid to prefer these côld islands ráther than vást oíl réserves of South America Mesopotamia basín.”
If they assist with Argentinian oil they won't get anything except defaulted debts, at least dealing with an honest government like the FIG they won't lose money.
No issues regarding political risk anymore.
Relax BK.
He was referring to a post by Sussie (mr racist) whose post was deleted.
On the other hand,
@18 you were asked,
“
Give us a clue - how many “fair minded Brits won't stand for it”
What do you intend to do about it ? Find a quorum of 4 and lobby your local MP .
Who is your local MP ?”
Please please tell us an answer. I asked you as we'll, after you made your strongly worded accusation and following statement.
We are waiting for you .
Then the shit hit the fan and what did the news tell us. The Islanders made their living from raising sheep. Needs must and in no way do I seek to casticate them for that.
Well since then thirty years has gone by in a flash! I know it, because I have lived it.
Lets come back in another thirty years time shall we, though I am not sure I want to, be one hell of a wrinkl theny, see how the islanders have done, because if the last thirty have been anything to go by, the next thirty will be spectacular. OIl or no oil!
as in Africa the new environment sentiment emerging there..
thinkafricapress.com/international-law-africa/environmental-law
@26 Well since then thirty years has gone by in a flash! I know it, because I have lived it. Here here matey me too and they wonder why we get anti
International Environmental Law is valid for everywhere in the world.
by the way
plus oil contracts
thinkafricapress.com/legal/openoil-informing-nation-oil-contracts-demystified
read Think Africa Press not Mercopress, don't be remain ignorant
Why are you wildly off-topic ??!!
This thread is about FALKLANDS OIL not AFRICA !!
Are you afraid to have GOOD NEWS about Falklands oil encourage the Islanders and INFORM THE WORLD?
What is this obsessive connection with Africa. National and Regional needs have National and Regional answers.
Get with the programme FFS! what works for them will not neccessarily work for us, man I hate that word us, by us, I mean you RG's and the FI's.
Of course us, us's is to stop you you's from using force again.
You insist on to live in south west South Atlantic hencoop...
If you are disparaging enough to think the Falklands are a hen coop, then why are you desperate to gain control over them ?
Avarice ? Is it jealousy because they maybe are making a success of their land in contrast to Argentina, or is it a feeling of national humiliation because you got well and truly put down on your last disastrous adventure ?
“This heist won't stand. Fair minded people, including fair minded Brits like me, won't stand for it”
If you are British, then I am a teapot called Erica...........
As for being “fair minded” ....................LOL
Given Argentina's attitude towards The Falklands, her coveting of Falkland Oil and their attempts to damage the economy, the Falklanders and the Chilean inhabitants, have a close friendship.
www.youtube.com/watch?v=_uPHb2b2gIY&feature=related
Check out the fellow at 1:23 unfurling a Chilean flag.
lol
keep the islands in your arse, Lady Troy Isolde
I take it from your cogent remark above that you agree with self determination for the Falklands and no interference from Argentina in their affairs.
nobody cares about your fucking comments
Troy makes more sense than you ever will, idiota.
We do care about his comments,
We do not care about yours.
Fool.
Try petrol companies intead. Shares can be dearer but their return is worth the trouble.
Cheers
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