Tag: Leiv Eiriksson oil rig
Leiv Eiriksson oil rigFOGL 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.
Falkland Oil & Gas expected to announce results of drilling in next few days
Falkland Oil and Gas has provided an update on drilling operations at its Loligo prospect, following market speculation which has seen the value of the companies shares fall by almost 30% at one point on Monday.
Falklands, an “excellent investment destination” for the oil industry
The Falkland Islands Government has welcomed the news of a farm-in agreement between Falkland Oil and Gas Ltd and US based Noble Energy which was announced on Monday and confirms the Falklands as an “excellent investment destination”.
US Noble Energy farms in to explore for oil in east and south Falklands’ waters
London AIM listed Falkland Oil and Gas announced it has reached an agreement to farm out a 35% stake in most of its Falkland Islands’ exploration licenses to the US Noble Energy to help fund its drilling plans off the Islands.
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.
Falklands share the full spirit of the London Olympics with torch bearer Rebecca
Falkland Islands residents were able to get into the swing of the lead up to the Olympics this week when one of 8,000 Olympic torch bearers, Commonwealth Games badminton gold medallist Rebecca Pantaney (36) carried a torch to the Islands.
Falkland Oil & Gas confirms Italian/French partner for drilling in South Atlantic
London AIM listed Falkland Oil & Gas (FOGL) said Italian utility Edison International Spa was its new partner, bringing in a large, non-British company to help it look for hydrocarbons in the Falkland Islands.
Borders & Southern begins drilling its second well to the south of the Falklands
Falkland Islands exploration company Borders & Southern (AIM: BOR) announced the spudding of its second well, 61/25-1, on 11 May 2012. The well is located 170 km south of the Falkland Islands.
Argentina begins legal actions against oil companies operating in the Falklands
The Argentine Government announced on Saturday it had begun the legal proceedings put together with the AFIP tax agency against five British oil companies, accusing them of “carrying out illegal operations” in the Falklands/Malvinas Islands.
Falkland Oil and Gas in farmout agreement involving license areas and cash
The exploration company Falkland Oil and Gas Ltd. (FOGL) has entered a farmout agreement with an unnamed party for its licenses south and east of the Falkland Islands.
