Tag: sea lion well

sea lion well
Friday, May 11th 2012 - 02:31 UTC

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

The Ocean Guardian discovered oil at the Sea Lion prospect

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.

Wednesday, May 9th 2012 - 17:59 UTC

Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

Rockhopper has found oil at its Sea Lion field in the North Falkland basin

Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.

Wednesday, May 2nd 2012 - 22:42 UTC

With oil development in mind, Falklands’ trade delegation visits Aberdeen and Shetlands

Oil industry infrastructure is rapidly building up in Stanley (Photo by Graham Bound)

A numerous delegation from the Falkland Islands Chamber of Commerce is on its way to Scotland for a five day high-profile meeting with peers from Aberdeen and the Shetland Islands which begins next May 8.

Monday, September 19th 2011 - 20:36 UTC

Foreign Office to meet Rockhopper investors over Falklands oil plans

Rockhopper Exploration has plans to invest 2 billion dollars in recent discoveries

Britain will meet shareholders from explorer Rockhopper to discuss the Falkland Islands and the location for the company's proposed 2 billion dollars oil project based on recent discovery estimates.

Sunday, September 18th 2011 - 12:26 UTC

Falkland Islands: 2016 for oil says Rockhopper but Islanders cautious

Director of Mineral Resources Phyl Rendell

Rockhopper Exploration’s announcement this week that they expect to begin pumping oil in 2016, set the international media off on a further round of speculation about future wealth, but Falklands stakeholders and interested parties are taking a more cautious approach.

Monday, August 22nd 2011 - 20:32 UTC

Rockhopper spuds new assessment well in Falklands’ Sea Lion Main Complex

 The ‘Ocean Guardian’ begun drilling another well for Rockhopper

Monday morning Rockhopper Exploration announced the spudding of its latest exploration well, 14/10-7, to further test the Sea Lion oil discovery in Falkland Islands waters.

Monday, August 15th 2011 - 22:04 UTC

Rockhopper raises its estimate of oil in North Falkland basin to 608 million barrels

Chief Executive Sam Moody highly encouraged by the “two additional fan prospects above and beneath the Sea Lion Main Complex”

Rockhopper Exploration PLC upgraded its estimates of how much oil it could find off the Falkland Islands, boosting hopes that the remote territory in the South Atlantic could become a new oil province.

Tuesday, August 9th 2011 - 07:56 UTC

Falklands’ appraisal well confirms extension of oil find described as ‘commercially viable’

A fourth exploration well is planned to the north-west outside of the Sea Lion Discovery Area.

Rockhopper Exploration said on Tuesday an oil discovery in Falkland Islands waters extends to the west of the original well, adding to hopes that the oil find is large enough to open up a new province in the remote South Atlantic.

Tuesday, July 19th 2011 - 05:38 UTC

Falklands’ third appraisal oil well results should be known by end of August

Port Stanley FIPASS dock rapidly becoming an oil logistics hub

Falklands’ Rockhopper Exploration, the oil and gas explorer, pressed ahead with its hunt for oil in the North Falklands with the drilling of its third appraisal well on the Sea Lion Discovery feature last week.

Thursday, July 7th 2011 - 16:37 UTC

Falklands Rockhopper contracts further drilling of four wells

The Ocean Guardian oil rig is busier than expected offshore the Falklands

Rockhopper Exploration plc announced on Thursday a further drilling of four wells offshore the Falkland Islands. The first of them, 14/10-6, will be the third appraisal well on the Sea Lion feature where the discovery of oil at commercial rate has been confirmed.

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