Tag: Falkland Oil and Gas Ltd. (FOGL)

• Tuesday, February 25th 2014 - 04:41 UTC

  Falklands oil company completes 3D survey; prepares drilling program for next year

  

  Falkland Oil and Gas Ltd, FOGL, announced on Monday the completion of its 3D seismic survey offshore the Falkland Islands. This is the third and final 3D survey prior to the next drilling program, which is expected to commence in early 2015, said the company in a release.

• Thursday, January 2nd 2014 - 18:21 UTC

  Falklands 2014 oil industry major focus: how to develop the Sea Lion discovery

  

  After a busy 2011 and 2012, 2013 was a relatively quiet year for exploration around the Falkland Islands in the South Atlantic Ocean. The various companies involved in the region's nascent oil and gas industry preferred to spend the year focusing on seismic data acquisition campaigns and consolidating some of their assets.

• Friday, November 29th 2013 - 22:06 UTC

  Falklands involved oil company expects to raise £100 million in bond offer

  

  Premier Oil expects to raise at least £100 million in a bond offer scheduled to close on 6 December. The FTSE 250 oil and gas company, with interests in the Falkland Islands, the North Sea, and South-East Asia, said its 5% sterling bonds auction has already built a book value of at least £100 million.

• Thursday, October 24th 2013 - 07:44 UTC

  Falklands' oil companies FOGL and Desire merger should be finished by 19 December

  

  Falkland Oil and Gas Ltd updated investors on its proposed merger with Desire Petroleum (DES) Wednesday lunchtime, signaling the combination should be finished by 19 December.

• Thursday, October 3rd 2013 - 19:36 UTC

  Falklands’ ‘FOGL and Desire Combination’ prepare to drill five wells next year

  

  Falkland Oil & Gas is to buy a smaller Falklands-based firm to create a “combination” company with licences to search for oil both to the north and south of the Falkland Islands in the South Atlantic. FOGL said on Thursday it had agreed to buy Desire Petroleum offering 0.6 FOGL “consideration” shares for each Desire share, in a deal valuing Desire at 61 million pounds (99 million dollars).

• Wednesday, September 25th 2013 - 04:44 UTC

  Falkland Islands next round of oil exploration drilling announced for late 2014

  

  One of the several hydrocarbons companies operating in Falkland Islands waters expects its next drilling phase to begin in the fourth quarter of 2014 with a minimum of two exploration wells following extensive 3D surveying of southern licences in the Diomedea fan complex adjacent to the Darwin discovery.

• Friday, September 20th 2013 - 08:10 UTC

  Falklands and oil company discuss temporary port for exploration needs

  

  Noble Energy Falkland Islands Ltd continue to negotiate with the Falkland Islands Government on the construction of a temporary port to the east of FIPASS prior to progressing the application for planning permission, the company’s representative in the Falkland Islands told Penguin News this week.

• Thursday, June 6th 2013 - 22:14 UTC

  Falklands’ oil company completes second 3D survey over its Southern licenses

  

  Falkland Oil and Gas (FOGL) reported Thursday the completion of a 3D survey over its Southern Area licenses offshore the Falkland Islands. FOGL said the survey aimed to target a number of prospects and leads immediately to the west and northwest of the Darwin condensate discovery.

• Wednesday, December 12th 2012 - 18:09 UTC

  Oil company begins 3D seismic surveying to the south of the Falkland Islands

  

  Falkland Oil and Gas Limited oil and gas exploration company has commenced an important 3D seismic survey operation in the south of the Falkland Islands, where the company has extensive licence areas.

• Thursday, December 6th 2012 - 21:09 UTC

  FOGL ends drilling program in south Falklands; begins further seismic surveying

  

  Falklands Oil & Gas (FOGL) announced Thursday it had abandoned its Scotia exploration well in the south basin after disappointing results, thus completing its 2012 two-well drilling (Loligo and Scotia) program in the Falkland Islands.