DESIRE Petroleum, the oil exploration company in which many Falkland Islanders are shareholders, has said it is hopeful of making a discovery, despite posting a £2.5 million pre-tax loss for the year ending December 31 2009.
Spain will not be supporting Argentina’s Falkland Islands sovereignty claim during the coming European Union and Latinamerican summit to be held next May 18 in Madrid, according to Falklands Legislative Assembly Member Roger Edwards recently back from Brussels.
Argentina’s president Cristina Fernandez de Kirchner called on Monday for the end to the Falklands/Malvinas “colonial enclave”, as she forecasted from Venezuela, standing as a privileged guest next to Hugo Chavez, that Latinamerica is in the process of a “second independence”.
Falkland Islands will be celebrating the Queen’s birthday Parade on Wednesday April 21 at Victory Green, Stanley. According to a release from Gilbert House the parade will form up at Victory Green at 10.15 hours and Governor Alan Huckle will arrive at 10.30 hours.
Rockhopper Exploration (AIM: RKH) has spudded its 100% owned Sea Lion 14/10-B exploration well in the Licence PL032 in the North Falkland Basin. Once drilling is complete, Sea Lion’s results will be eagerly anticipated among investors following the prospective Falkland oil and gas play.
FISHING companies are celebrating the best loligo season for ten years, with catches over the past seven weeks exceeding 28,000 tonnes.
The Falkland Islands Tourist Board this week launched a comprehensive new accommodation guide, as part of an ongoing strategy to develop and grow the land-based sector of the Falkland Islands tourism industry.
WITH the global tourism outlook improving, overall tourist arrivals in the Falklands are forecast to increase by 17% in 2010.
Following the announcement of a gas discovery in the North Falklands Basin, Desire's Chairman Stephen Phipps describes the ‘The Liz’ well as, “complex and highly encouraging” and sufficiently promising to continue with the drilling campaign in Falklands’ waters.
“Don’t try to scare us with the ghost that we are going to take Malvinas militarily”, said Argentine president Cristina Fernandez de Kirchner at the main commemoration of the 28th anniversary of the Argentine troops landing in the Falkland Islands.