Repsol-YPF optimistic about finding oil in Islas Malvinas waters

Friday, October 8th 2010 - 00:10 UTC

Full article 13 comments

Spanish oil and gas company Repsol-YPF praised its Argentine YPF associates and said he was hopeful that “soon” the company “would discover hydrocarbons in the Islas Malvinas waters”, as has happened in Brazil. Read full article

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Frank
“Oil prices in Argentina have been frozen for several years now or only slightly adjusted which has created a significant investment deficit in oil and gas exploration while the country gobbles its proven reserves that are down to 3 to 5 years of current consumption.”
That explains it all really........ it will be interesting to see what happens post-Chavez....
Oct 08th, 2010 - 12:16 am - Link - Report abuse 0
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Hoytred
“ .... would discover hydrocarbons in the Islas Malvinas waters .....”

This rather looks like more propoganda as the Royal navy would get involved if Argentina attempted to drill in waters it had no sovereignty over!

So they'll drill in Argentine waters and try to con the population into thinking that they're actually doing so in the Falkland Islands territorial waters.

I wonder if the Argentine population is that gullible ??
Oct 08th, 2010 - 12:26 am - Link - Report abuse 0
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Frank
To drill they need a rig... no-one is going to charter to them if they plan to use it in Falklands waters... before they drill they need a seismic survey.... I don't think Fugro will be interested in chartering to them... in or out of argentine waters.
Oct 08th, 2010 - 04:41 am - Link - Report abuse 0
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Cadfael
There is no such word as “gullible”
Oct 08th, 2010 - 08:52 am - Link - Report abuse 0
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Hoytred
Gullible = easily persuaded to believe something; credulous:
an attempt to persuade a gullible public to spend their money ...

http://www.oxforddictionaries.com/view/entry/m_en_gb0355890#m_en_gb0355890

Well done :-)
Oct 08th, 2010 - 08:59 am - Link - Report abuse 0
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Zethee
I believe that this just means they will be drilling in there waters near the islands, not in the actual falklands territory guys.

The RN wouldn't allow it.

Bit of common sence :P
Oct 08th, 2010 - 03:39 pm - Link - Report abuse 0
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lsolde
could it be from “guly-guly man” a shyster or trickster in one of the lndian languages. British troops brought many lndian words into the English language, although sometimes in a slightly mangled state!
Oct 09th, 2010 - 10:57 am - Link - Report abuse 0
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Think
THIMC

Gullible
I, respectfully, would recommend this excellent dictionary ……
http://www.etymonline.com/index.php?term=gullible

Anyhow,........ very interesting how two keen British posters (Cadfael and Isolde) can be sooo wrong about something sooo easy to check and confirm as the existence and etymology of a word in their own mother tongue….. English….

Imagine how mistaken they could be about a complicated issue as, for example, the Malvinas? :-)
Oct 09th, 2010 - 12:15 pm - Link - Report abuse 0
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Zethee
I wouldn't worry too much about the oil think, We've just invented the crap powered car in the UK. We could sell you the technology and your government can power there cars by talking into the tank.
Oct 09th, 2010 - 03:25 pm - Link - Report abuse 0
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stick up your junta
Imagine how mistaken they could be about a complicated issue as, for example, the Malvinas? :-)

Whats complicated? The Argies want them, they cant have them, sorted
Oct 09th, 2010 - 04:36 pm - Link - Report abuse 0
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Think
THIMC
Extremely interesting article by Jamaica’s ex-High Commissioner, Jeremy Cresswell about Malvinas oil…..

energy.pressandjournal.co.uk/Article.aspx/1925981?UserKey=

Kindly notice that Rockhopper shares has plunged 25% or so during last week. (from 5,50£ to 4.30£)
Maybe Argentina should consider buying shares if they plummet to a “good” price.

Ohhh. No………. I forgot………. Argentina can’t do anything :-)
Oct 10th, 2010 - 10:30 am - Link - Report abuse 0
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Zethee
Think you missed a few articals to copy paste that on.
Oct 10th, 2010 - 01:04 pm - Link - Report abuse 0
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Cadfael
ROFLMFAO!!!!!!
I didnt realise I'd catch so many gullible people!!
Hoy?
Think?
Hope you've now smacked your foreheads and emitted a long loud “DUUUUUUHHH”!!!!
Oct 11th, 2010 - 08:41 am - Link - Report abuse 0
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