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Strong Argentine Reaction to Falklands’ Rockhopper Oil Discovery Announcement

Thursday, May 6th 2010 - 19:23 UTC
Full article 67 comments
Jorge Taiana, Argentine Foreign Affairs minister Jorge Taiana, Argentine Foreign Affairs minister

The Argentine government rejected British oil company Rockhopper Exploration's earlier announcement regarding the finding of oil in Falklands/Malvinas Islands, warning that the government “will take the necessary actions to avoid Great Britain from taking illegal possession of Argentina's non-renewable resources.”

In a statement released by the Argentine Foreign Ministry, the government warned “Argentina will continue condemning this British illegal action before the international courts.”

British oil company Rockhopper Exploration (LON:RKH) earlier said it believed it had made an oil discovery in Falklands North basin, the first oil find of a controversial exploration program in the Falklands waters.

Categories: Politics, Argentina.
Financial Tags: RKH.

Top Comments

Disclaimer & comment rules
  • jorge!

    Relax!!! So far it is hot air!!!

    If the oil is of good quality, then we should study how to provoke a little earthquake there and that's it!

    May 06th, 2010 - 07:37 pm 0
  • Idlehands

    “Argentina will continue condemning this British illegal action before the international courts.”

    What court is he refering to - other than the court of Argentine public opinion?

    I don't recall Argentina taking this issue to any court. I wonder why?

    May 06th, 2010 - 08:23 pm 0
  • jorge!

    You are right gdr.

    I hope they lose their shares in the oil industry like water between fingers.

    May 06th, 2010 - 08:32 pm 0
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