Tag: Desire Petroleum

• Friday, August 17th 2012 - 07:02 UTC

  Falklands’ Desire updates oil potential of promising Elaine and Isobel prospects

  

  The AIM traded company Desire Petroleum said on Thursday it will seek industry partners to participate in the further exploration of the North Falkland basin based on the quality of its maturing prospect inventory.

• Thursday, August 9th 2012 - 01:02 UTC

  Argentina warns US and EU markets on oil exploration activities in the Falklands

  

  Argentina’s National Securities Commission, CNV, officially communicated leading international stock exchanges in the US and Europe that hydrocarbons companies operating in the Argentine continental shelf in the area of the disputed Falklands/Malvinas Islands are involved in “illicit and clandestine” activities.

• Tuesday, July 31st 2012 - 22:13 UTC

  B&S abandons south Falklands oil and gas exploration; FOGL takes over

  

  After two disappointing results, Borders & Southern has officially completed its deep water drilling program in the South Falkland Islands basin, the company announced on Tuesday. The company said well Stebbing has been “successfully plugged and abandoned,” bringing to an end the Company's current two well drilling program.

• Friday, May 11th 2012 - 02:31 UTC

  Falklands’ Desire Petroleum stake in oil discoveries worth 900 million dollars

  

  The North Falkland basin explorer Desire Petroleum has revealed the findings of an economic assessment of the group’s stake in the Sea Lion oil discovery, based on a high level development concept and economic review by Senergy from the UK.

• Tuesday, February 21st 2012 - 20:46 UTC

  Falklands’ Desire Petroleum participating at North American Prospect Expo in Houston

  

  Falklands’ oil explorer Desire Petroleum Plc (AIM:DES) will be making presentations this week at the North American Prospect Expo (NAPE) in Houston.

• Friday, February 17th 2012 - 03:59 UTC

  UK 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.

• Friday, January 27th 2012 - 02:44 UTC

  Falklands’ oil industry says first round of exploration was “hugely successful”

  

  Falklands’ oil industry sources said the round of oil exploration began in 2010 with the “Ocean Guardian” rig and just concluded, involving Rockhopper Exploration and Desire Petroleum, was “hugely successful” with several major oil and gas discoveries.

• Tuesday, January 17th 2012 - 06:54 UTC

  Rockhopper shares soar as talks for a partner in Falklands’ oil operation advance

  

  Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.

• Friday, January 13th 2012 - 19:21 UTC

  Oil company ensures funds for a Falkland Islands’ two-well drilling round

  

  UK-based Falkland Oil and Gas (FOGL) announced on Friday it has raised £48.5m (74.3m dollars) through a placing of new ordinary shares to fund drilling of exploration wells in Falkland Islands while it continues active discussions with potential partners for a farm-out.

• Tuesday, December 13th 2011 - 16:08 UTC

  Rockhopper announces “fantastic result” with third oil discovery in Falklands

  

  Rockhopper Exploration PLC reported a “fantastic result” as its third discovery in the North Falkland basin encountered oil and-or wet gas in four hydrocarbon-bearing target zones, said the company on a Tuesday release in London.