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Falkland Islands: Desire chief says it’s boom or bust as drilling begins

Friday, February 26th 2010 - 19:28 UTC
Full article 25 comments

FOUR days into a drilling operation that has captured the attention of the world’s media, Desire Petroleum’s Operations Director Bob Lyons conceded: “This is it: we’re a one trick pony. It’ll either be successful or it won’t. It is very simple.” Read full article

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  • nitrojuan

    Of course Bob, it will be a boom when your head explote, if Argentina recover the sovereign about Malvinas!

    Feb 26th, 2010 - 08:04 pm - Link - Report abuse 0
  • GB Rule

    lol...it can never happen....

    Feb 26th, 2010 - 08:36 pm - Link - Report abuse 0
  • Dario.AR

    LAN CHILE SHOULD STOP FLYING TO THE ISLANDS
    BECAUSE CHILE UNCONDITIONAL SUPPORT THEN WE SAID WE ASK THAT thereby helping.

    Feb 26th, 2010 - 09:57 pm - Link - Report abuse 0
  • Beef

    Nitrojuan

    Why don't you take a punt and buy some shares in Desire. You can't beat them so why not join them for the ride. I stand to lose a small amount or gain a huge amount. It is a global free market economy we are in so why not forget the pointless rhetoric and join the potential boom.

    If this does prove to be a commercially viable system then the benefits in terms of trade and oil infrastructure could bring much needed good news for the Argentine economy. You know it makes sense as your politicians are shouting “Malvinas” simply to bolster internal support prior to an election.

    I bet a fair number of your politicians have a few FI oilies shares in a nominee acount.

    Feb 26th, 2010 - 10:06 pm - Link - Report abuse 0
  • nevermoretheraven

    #4) beef, have you made any calculations as to a share price for desire if petroleum is found? say, 500 million barrels.

    Feb 26th, 2010 - 11:17 pm - Link - Report abuse 0
  • nitrojuan

    Beef. I have two points of view:
    1. like an International Relations & International Law lover: I think this unviable while exist there an international violation of Argentina rights in their waters.
    2. like a professional of International Trade: It could be a prosperous business in the region (we argies havent do anything or invest in the area) , I have worked in Petrobras (in Lubricants Division) and we had an agreement with BP, too.
    Conclusion: We could have a very interesting trade together, but first, we should be able to resolve the sovereignity dispute.

    Feb 27th, 2010 - 03:15 am - Link - Report abuse 0
  • Beef

    Nitrojuan

    Regardless of what you feel (and we will disagree on this), the reality is that drilling has started, will continue and if viable will evolve into a prosperous operation. This will happen regardless of your opinions so why not accept the reality and take a punt. It could result in a major windfall for you and allow to provide more for your family (which is more improtant than getting invovled in political arguments to which we have no real influence). This is your individual choice and I support the rights of individuals to make their own descisions.

    Nevermore

    The iii forums are a good palce to look but there is also a lot of garbage on there as well (which is why I read them and don't post). There are some charts and calculations on potential share price but everything is speculative. A figure of £20 is being banded about which I would be very happy with considering I bought these shares at 40p (many argue this may not be feasible). The reality is the eventual sp is not known and my hope is that once the full drilling phase is complete that one of the big boys will buy Desire out (Des have indicated that this is their prefereable conclusion and appears to be the most likley outcome). In conclusion the final sp will be whatever the buyer determines and what the shareholders are willing to accept. This all depends on the actual black stuff being present in enough quantity and beign of sufficent quality; I hope it is ££££$$$$

    Many say buy on rumour and sell on fact, but it depends on how big your balls are with regards to how long you hold on. Perhaps sell some on the way and lock in some profit therefore reducing the risk of losing the lot.

    Feb 27th, 2010 - 07:27 am - Link - Report abuse 0
  • patrick20210

    “The right to self-determination of the islanders – long the obstacle to any deal with Argentina – has to be qualified. Intransigent in their response to the Ridley negotiations and backed by neo-imperialist rightwingers in the House of Commons, the islanders demanded and got their rescue by the 1982 task force and extravagant support ever since. They have rebuffed all efforts by later Buenos Aires mediators to re-establish contact” <br />
    <br />
    Simon Jenkins<br />
    <br />
    http://www.guardian.co.uk/commentisfree/2010/feb/25/falklands-britains-expensive-nuisance<br />

    Feb 27th, 2010 - 08:15 pm - Link - Report abuse 0
  • JustinKuntz

    Notice how with glee they grab onto anything uttered by some left wing misanthrope. So much so, they have to spam it everywhere.

    Suppose it avoids the need to formulate a cogent argument.

    Feb 27th, 2010 - 09:49 pm - Link - Report abuse 0
  • patrick20210

    THE TRUTH HURTS?

    “The right to self-determination of the islanders – long the obstacle to any deal with Argentina – has to be qualified. Intransigent in their response to the Ridley negotiations and backed by neo-imperialist rightwingers in the House of Commons, the islanders demanded and got their rescue by the 1982 task force and extravagant support ever since. They have rebuffed all efforts by later Buenos Aires mediators to re-establish contact” <br />
    <br />
    Simon Jenkins<br />
    <br />
    http://www.guardian.co.uk/commentisfree/2010/feb/25/falklands-britains-expensive-nuisance<br />

    Feb 27th, 2010 - 11:02 pm - Link - Report abuse 0
  • JustinKuntz

    Would one of the moderators please remove the spam, it is an effort to stifle debate and free comment.

    Feb 27th, 2010 - 11:11 pm - Link - Report abuse 0
  • jorge

    .....“You know it makes sense as your politicians are shouting “Malvinas” simply to bolster internal support prior to an election.”......

    See?
    This is what I say in the other article above. Thy know nothing about our people, they are just poor ignorants.
    Malvinas is a national cause. Argentine people strongly support the claim and we are used to that every goverment should and will do it.
    In 2011, Kirchner's luck (or any other goverment's luck) will be determined by other issues like economy, inflation rates and corruption. Those are the things that matter here regarding politicians. Malvinas claim is the bottom line for every goverment regardless if it is leftist or rightist.

    Beef to Nitrojuan.........................”Regardless of what you feel (and we will disagree on this), the reality is that drilling has started, will continue and if viable will evolve into a prosperous operation. This will happen regardless of your opinions so why not accept the reality and take a punt.”......

    Tell the iraquies or afghan people that they have to accept the invader's rules and see. They are killing invader's soldiers every opportunity they have. They will never give up their rights. They know their country is ruled by USA at the moment, that'a a fact, but they will never accept it.
    It is something many of you might not know. It is called DIGNITY.

    Feb 28th, 2010 - 02:16 am - Link - Report abuse 0
  • Paul

    Can anybody see the irony of Spanish speaking people who colonised a continent far from Spain accusing a few hundred English speaking people living on an island far from Britain of being colonialists?
    Let's stop using the jingoistic language of 1950's Soviet Russia.
    It is time for the wonderful freedom and fun loving people of both Argentina and Great Britain to sit down and thrash something out.
    Britain and Norway created something magnificent in the Noth Sea and we have the technical skill to do something similar in the south atlantic for the good and benefit of all our people.

    Paul.
    UK

    Feb 28th, 2010 - 10:41 am - Link - Report abuse 0
  • JustinKuntz

    Jorge, clearly you have no idea what “dignity” actually means.

    But you would expect the people of the Falkland Islands to have accepted the invaders rule. And by the way, again the British have already left Iraq, they are not invaders in Afghanistan.

    I am one of millions in this country to have opposed my countries involvement in Iraq. But Iraq is ruled by the Iraqis, not by the USA and the people opposing the presence of the Americans have no interest in democracy.

    NATO forces are in Afghanistan to help that country transition to a stable democracy. The people you're applauding would take the country back to the Middle Ages, deny woman's rights, destroy antiquities and cultural heritage and impose a regime based on terror.

    So basically you applaud extremists who would use violence to impose their will and have no interest in democracy or freedom. So clearly you have no idea what dignity means.

    Mar 01st, 2010 - 10:16 am - Link - Report abuse 0
  • patrick20210

    JustinK say:

    “NATO forces are in Afghanistan to help that country transition to a stable democracy”.

    JAJAJAJAJA

    Yes, “democracy”, only for those who remain alive

    ... also asked them?

    21 CIVILIANS KILLED, THEY DO NOT EXISTED FOR DEMOCRACY:

    http://www.independent.co.uk/news/world/asia/civilians-killed-in-nato-air-strike-1906749.html

    Or are they just collateral damage?

    Mar 02nd, 2010 - 12:09 am - Link - Report abuse 0
  • patrick20210

    JustinK only is the product of a perfect brainwashing

    Zero independent opinion, just repeated his government's speech

    Mar 02nd, 2010 - 12:12 am - Link - Report abuse 0
  • JustinKuntz

    Ah Patrick, you talk as if that were a deliberate premeditated action, not the tragic mistake that NATO goes to great lengths to avoid but what is a sad inevitability when the enemy hides behind civilians.

    Guess some people will only see what they want to.

    Mar 02nd, 2010 - 12:59 am - Link - Report abuse 0
  • jorge

    Everyone can see now what kind of democracy UK and USA usually export to another countries. Justin should be shameful since UK and USA supported all the dictatorships in latam countries, even the dictatorship of Sadam Husein that then when he was not useful anymore became a pariah for these global killers.
    UK and USA, the moral countries wich freely go to liberate countries, yeah sure. Fascist!!!!!!

    Mar 02nd, 2010 - 04:38 am - Link - Report abuse 0
  • jorge

    ...........“For this who don't know who Carlos Escudé is, he is an Argentine historian and academic who originally wrote much of what the Argentine Government puts forward as its sovereignty claim, he later grew to realise what a pile of crap it was and how successive generations had fooled themselves into believing it. At least he had the intellectual honesty to say as much and was promptly fired.”.........

    Talking about intelectual honesty Justin??????

    Oh! I see, so, everyone who is against the argentine claim has intelectual honesty and the ones in favor are liar pigs.
    That's your logic, that's your way of reasoning, very intresting.
    With regard to Carlos Escudé, as I said before, he is just a racist who hates peruvian, paraguayan and bolivian inmigration.
    He is also a well-know anti-muslam who supported and praised George W. Bush regarding his invations of Irak and Afghanistan. [EN BOCA DE UN MENTIROSO, HASTA LO CIERTO SE HACE DUDOSO].
    Not a surprise you admire him since you are a fascist from the killer catholic church!

    You're not doing well to your anti-argentine cause every time you praise Carlos Escudé, my little and arrogant friend Justin.

    I realize now why you praise Guido Di Tella all the time.
    Carlos Escudé was his adviser. Justin praise Carlos Escudé, Carlos escudé always praised Guido Di Tella and this one was a well-know traitor also praised by Justin.
    This is a kind of circle, the circle of facism and betrayal.

    P.S.: This comment is posted in several articles for everyone to know what kind of person Carlos Escudé is. A person praised by Justin.

    Mar 02nd, 2010 - 05:48 am - Link - Report abuse 0
  • patrick20210

    JustinK says:

    “Ah Patrick, you talk as if that were a deliberate premeditated action, not the tragic mistake that NATO goes to great lengths to avoid but what is a sad inevitability when the enemy hides behind civilians.

    Guess some people will only see what they want to.”

    these things happen when you invade a country illegally

    many of the fighters in iraq or afghanistan is not that they hide behind civilians, they are civilians who defend their country from a foreign invader who speak another language and profess another religion

    After all, who appointed you the champions of democracy and gave them the right to impose with violence? Who gave them?

    FUNDAMENTALISM YOUR WORSE THAN THOUGHT OF YOU PEOPLE SAY FIGHT

    Mar 03rd, 2010 - 12:01 am - Link - Report abuse 0
  • patrick20210

    What he thinks about Iraq, Justink defined from top to bottom, is a fundamentalist, his thinking coincides with the views of the extreme political right

    Go against the many good journalists in the UK with a truly independent thinking that took intense criticism of his country's involvement in Iraq, Afghanistan and the Falklands

    KEEP IN MIND WHEN WE READ THE WRITING BY JUSTINK

    Mar 03rd, 2010 - 11:04 am - Link - Report abuse 0
  • JustinKuntz

    Please do also remember that I was one of a million people who marched against the Iraq invasion, the biggest demonstration ever seen in the UK and travelled from Glasgow down to London to participate.

    And do remember that Patrick is lauding people who advocate murder and terror to impose their will on others.

    That is all.

    Mar 03rd, 2010 - 12:55 pm - Link - Report abuse 0
  • jorge

    Funny how the first world call terrorist to those who don't have uniforms, helicopters of warships. Victims of invasion in Irak and Afghanistan only have their hands ans some explosives. Their way of defending its terretorie is justifified. If afghan people want to be muslams and destroy some old catholic structures, that's none of your business. Let that people alone! LET THE ENTIRE WOLRD ALONE! Please, just dissapear from here.

    Mar 03rd, 2010 - 11:16 pm - Link - Report abuse 0
  • JustinKuntz

    Jorge, so you consider it “defence” when suicide bombers blow up women and children in crowded market places for being from a different branch of Islam? Or murder people simply for being Christian? Or export that hatred to Buenos Aires and blow people up for the heinous crime of being Jewish?

    What an interesting standard you have, such blind hatred of a people that you'd justify such acts.

    Mar 05th, 2010 - 11:44 am - Link - Report abuse 0
  • Rhaurie-Craughwell

    It's funny how Jorge neglects to mention that 98% of the 100,000 or so deaths in Iraq were caused by Iraqis “defending themsleves” against other Iraqis.
    I didn't know shooting women in the back for wearing Jeans was a “legitimate form of defence”
    I didn't know cutting mens heads for not having long enough beards was a form of “Defence”.
    I didn't know raping mens wives whilst their children watched because they may have worked for the Americans was a “Legitimate form of defence”

    Christ Jorge you speak such Bollocks. the US and other coalition partners spent billions on improving the infrastructure and creating a robust multi representive democracy so as to insure never again people rule based along ethnic or religious lines. Seemingly it's worked, the Iraqi economy is growing stronger by the day, and they actually have functioning Hospitals and adequate Sanatation now.

    As for the Taleban, you did know that they are Pakistani, not afghani, and a whole hotch potch of other foreigners, not exactly the noble Afghan peasent “defending” his territory is it?
    hundreds of Afghans have been murdered by the Taliban for refusing them help and to cower in their houses so that NATO couldn't attack them.
    The Taleban have burnt down girls schools and mutilated womens faces for not wearing veils.
    Not exactly the Noble defenders you talk about, christ you speak such Shite I would need a raft to float above it!!!

    Mar 05th, 2010 - 02:57 pm - Link - Report abuse 0

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