Tag: Argos Resources
Argos ResourcesUK analysts says Falklands’ oil industry could be worth 180 billion dollars in royalties and taxes
A leading UK market and investment analyst, Edison Investment Research looks at the prospects of the Falkland Islands oil industry and suggests the industry could be worth 180 billion dollars in royalties and taxes.
Argos steps down from the current Falklands oil exploration round
Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reported on Tuesday it has decided not to participate in the current drilling campaign in the area with the Ocean Guardian rig, which is now likely to end in December 2011.
Argos raises prospective resource by 182% to 2.1 billion barrels of oil
Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).
Falklands’ Argos needs additional capital for drilling set to begin at end of year
Falklands based Argos Resources expects to drill its first well on license PL001 in the North Falkland basin in late-2011 or early-2012, using the semi submersible rig Ocean Guardian, currently operating in the Islands’ waters.
Another Falklands company ‘on schedule’ to drill for oil in the next six months
Falkland Islands exploration company Argos Resources released Monday morning interim results and CEO Ian Thomson told investors that the group is on schedule to be ‘drill ready’ in late 2011/early 2012 to begin off-shore exploration activities in the South Atlantic British Territory.
Falklands’ Rockhopper unveiled 2bn dollars plan to extract oil by 2016
British oil group Rockhopper Exploration has unveiled plans for a 2 billion dollars investment in the Falkland Islands, a move which will transform the remote territory into a new oil province.
Falklands’ Argos fast-track 3D processing anticipate drilling in late 2011/2012
Falkland Islands Argos Resources Limited reports encouraging progress on the processing and interpretation of its recently acquired 3D seismic data over its 100% owned licence PL001 in the North Falkland basin. With fast track processing of the 3D data Argos could be ready for exploratory drilling in late 2011/2012.
Argos confirms it is closer to starting an oil drilling campaign in Falklands’ waters
Argos Resources is a step closer to starting a drill campaign in Falkland Islands waters, where it is targeting a high priority area adjacent to Rockhopper’s Sea Lion discovery.
Falklands’ Argos acquires 3-D seismic data prepares to drill late 2011, early 2012
Argos Resources Limited, the Falkland Islands based hydrocarbons exploration company, has reported that the company has completed the acquisition of 3-D seismic data over the entire area of its PL001 licence in the North Falkland Basin.
Argos confirms Falklands’ waters exploratory oil drilling for second half of 2011
In the first six months of 2010 Falkland Islands based Argos Resources has made significant progress in developing its PL001 Licence in the North Falkland Basin, to anticipate it will begin an exploratory hydrocarbons drilling campaign in the second half of 2011.
