Investments

Investments
Monday, January 17th 2011 - 23:22 UTC

Falklands: FOGL prospects show promise, says broker

FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.

Monday, January 17th 2011 - 13:32 UTC

Uruguay: A new pulp mill goes ahead

Montes Del Plata, a 50/50 joint venture between Chilean Arauco and Finnish Stora Enso, manufactures cellulose pulp from wood, and has been operating in Uruguay since 2009.

Tuesday, January 4th 2011 - 07:43 UTC

Desire Petroleun plc: Dawn Well Operational Update

Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.

Wednesday, December 29th 2010 - 07:48 UTC

Falklands: Desire Petroleum plc - Operation Update

Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a depth of 1,313metres.

Monday, December 27th 2010 - 08:57 UTC

LAN and TAM ready to become Latam’s largest airline

The planned merger of the two companies is expected for the first half of 2011

Chile's flag carrier LAN expects its planned merger with Brazil's TAM to clear regulatory hurdles and take flight in mid-2011, a top executive of the Chilean airline said in a radio interview on Friday.

Monday, December 27th 2010 - 08:50 UTC

Bolivia announced plans to invest 1.7 billion in the energy industry next year

State-owned oil company YPFB president Carlos Villegas

Bolivia plans to invest 1.73 billion US dollars in the energy industry in 2011, focusing on gas to ensure adequate production to supply Argentina and Brazil, as well as the domestic market, the head of state-owned oil company YPFB, Carlos Villegas, said.

Tuesday, December 21st 2010 - 20:18 UTC

LAN confirms Latam record order for 50 medium-hauls A320 airliners

 The first aircraft will begin to be delivered in 2013

European aircraft manufacturer Airbus said Tuesday it had received a firm order from Chilean carrier LAN for 50 medium-haul A320 airliners, which at catalogue prices would be worth more than 4 billion dollars. Airbus said the LAN commitment was the manufacturer's largest single aircraft order ever recorded in Latin America.

Tuesday, December 21st 2010 - 18:11 UTC

Chile’s state oil company looking for associates to drill in Tierra del Fuego

ENAP Magallanes Exploration and Production manager Roberto McLeod

Chile's state oil firm ENAP is seeking joint ventures with foreign companies to explore for crude and gas at five blocks in the country's extreme south region and has invited over twenty corporations to participate, announced the company.

Monday, December 20th 2010 - 18:36 UTC

Falklands’ Rockhopper plans two new wells and is discussing a “Discovery Area”

Plenty of work for the Ocean Guardian rig during 2011

The Falklands Rockhopper Exploration (AIM: RKH) exploration company ratified Monday its full commitment to oil exploration in the Islands waters on announcing an agreement to increase the number of drilling options, further 3D seismic surveying and discussions with the Falklands’ government for the declaration of a Discovery Area where it stuck oil earlier this year.

Monday, December 20th 2010 - 08:05 UTC

Falkland Islands: Desire Petroleum plc, Operation Update

Desire Petroleum plc (DES:AIM) the oil and gas company wholly focussed on the North Falkland Basin, wishes to provide the following operations update.

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