MercoPress. South Atlantic News Agency
Falkland Oil & Gas Limited Exploration Update
FOGL, the oil and gas exploration company is pleased to announce an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is operator. Read full article
Comments
Disclaimer & comment rulesBrits prick to the ocean sole vainly...this is just illusion !
Jan 19th, 2011 - 10:18 am - Link - Report abuse 0Well done Yul! You are obviously an expert in oil exploration! Your knowledge is supreme!
Jan 19th, 2011 - 11:35 am - Link - Report abuse 0Alternatively ......... you're an idiot!!!
yul - Have you taken something you could be arrested for?
Jan 19th, 2011 - 02:34 pm - Link - Report abuse 0The only illusion in the Argentine one concerning sovereignty as well as the illusion that any one else really cares. Looking increasingly likely that FOGL will secure a rig and a joint option with BOR is on the cards. 2010 was the start, 2011 is getting ready to be a big year for the exploration and we are already planning for further work into 2012.
Argentina is certainly doing a grand job of stopping this round of exploration. Still waiting for their government to lodge a legal challenge after promising to do so.
The market appears to like this RNS - ££££££££££
Something fishy and it's not penguins
Jan 19th, 2011 - 04:26 pm - Link - Report abuse 0“What is the point in revealing the truth, uncovering the scams and telling the general public what really goes on behind the scenes in the oil, gas and mining industries?”
http://petereyrepatch.blogspot.com/2010/11/pandoras-box-special-how-they-get-away.html
gdr - what makes you think I am investing for England? I am investing for me and my family.
Jan 19th, 2011 - 06:18 pm - Link - Report abuse 0The tax revenues and royalties from any eventual production would go to the FIG and not to the UK so the only way that this would affect the UK is through the tax returns of UK domiciled investors and through a greater contribution to the defense of the Islands by the FIG.
Once again the exploration licences and production licences are issued by the FIG. I know that this is an inconvenient truth for Argentina!
4-- )) .......1648 billions £.......vvaaaoo
Jan 19th, 2011 - 07:04 pm - Link - Report abuse 0Very big money and long distance to catch up the front runners for UK.
6Beef “gdr - what makes you think I am investing for England?”
Jan 19th, 2011 - 10:11 pm - Link - Report abuse 0“there's no doubt that potentially there could be billions of pounds of taxation income awaiting the UK authorities”
http://www.financialadvice.co.uk/news/ukeconomy/88890-could-the-falkland-islands-be-david-camerons-saviour.html
Can they tax water also?
Yet another PONZY SCHEME.
Jan 19th, 2011 - 10:48 pm - Link - Report abuse 0Malvinas issues need a lot of reading, no wonder UK subjects can't get a grip of relity, the real problem is short attention span.
www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8094462/Revealed-how-Desires-advisers-have-cashed-in.html
petereyrepatch.blogspot.com/2010/11/pandoras-box-special-how-they-get-away.html
www.fsa.gov.uk/pubs/final/darwin_clifton.pdf
“The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has ever been identified.”
o one last thing.
www.youtube.com/watch?v=JeeDe35pfgY&feature=player_embedded
I - that's a bad case of gas ... stop repeating yourself.
Jan 19th, 2011 - 11:24 pm - Link - Report abuse 0Going to be a movie too - http://www.411mania.com/movies/news/170949/%5BMovies%5D-Meryl-Streep-Attends-House-of-Parliament-For-Role-Research.htm
Wonder if they'll get their facts right ??
:-)
5 Marcos Alejandro,
Jan 19th, 2011 - 11:38 pm - Link - Report abuse 0“Something fishy and it's not penguins”
haha
Toma loco te páso un mate esto setá mas aburrido que la mierda
(_)
Thank you
Jan 20th, 2011 - 01:26 am - Link - Report abuse 0(_)
I see that Argentina is effectively impeding the HC exploration (yes that is sarcasm).
Jan 20th, 2011 - 04:39 am - Link - Report abuse 0Shout & scream all you want, it is good entertainment.
Why should Argentina do anything to impede HC exploration? You are managing pretty well yourselves (yes, that is sarcasm)
Jan 20th, 2011 - 08:11 am - Link - Report abuse 0http://www.thesun.co.uk/sol/homepage/news/money/3361628/Desire-sue-threat.html
It is good entretainment.
First the Argentines say that the oil(if there is any?)are their resources, then they're all cock-o-hoop when there is no immediate oil strike, making silly remarks about“water” etc. your slip is showing, dear and its green. jealousy will get you no-where amigos. you could have had a share, but................blame Nestor.
Jan 20th, 2011 - 09:02 am - Link - Report abuse 0maybe there is no oil, maybe there is. my money is in gold so l won't get anything immediately if at all. but l don't care, not like you jealous amigos who will get NOTHING either, because, water or oil, they are OUR resources, NOT yours.
and who needs South America? super tankers can take the oil anywhere.
it would have been handy to process oil in S.A. but considering the escalating price of oil(and it WILL get dearer)it will still be economical to process elsewhere.
so really you have no case except jealousy. and its of your own making.
pity
Britain can't be a super power....becouse that,
Jan 20th, 2011 - 10:19 am - Link - Report abuse 0she produces and exports nothing...only has 70% service economy...
Exports have something to do with power ????
Jan 20th, 2011 - 12:09 pm - Link - Report abuse 0Foolish boy!
#2 and others. Have a look at today's SUN (no, not the one in the sky)
Jan 20th, 2011 - 01:17 pm - Link - Report abuse 0http://www.thesun.co.uk/sol/homepage/news/money/3361628/Desire-sue-threat.html
Garnets and gold in the islands' rivers were perhaps a better investment
GDR if you're going to post random statistics atleast get them right.
Jan 20th, 2011 - 03:13 pm - Link - Report abuse 0Germany -
Agriculture: 0.9%.
Industry: 27.1%
Services: 72%
UK -
Agriculture: 1.2%
Industry: 23.8%
Services: 75%
Maths isn't your best subject...is it? Your numbers don't add up.
Jan 20th, 2011 - 04:18 pm - Link - Report abuse 0You said “Agriculture: 2%”
UK has a workforce of 31.25 million. 2% of 31.25 million is 625.000.
Not 464.000.
UK Agriculture accounts for 1.2% of GDP with 1.4% of the work force.
1.4% of 31.25 million = 437 500.
Your numbers are incorrect.
Shout & scream all you want Beef...
Jan 20th, 2011 - 04:48 pm - Link - Report abuse 0”What happened is unacceptable. We have put in complaints to AIM (the junior stock market), the Financial Services Authority and we are talking to lawyers today.“
”Other shareholders can join by contacting desiredisaster@ btinternet.com.“
Thursday, 20 January 2011
”A group of furious investors are demanding at least £350,000 in compensation over a botched announcement in December.
Shares soared by as much as 50 per cent on December 2 when Desire claimed it had made an “oil discovery” at its Rachel well.
Just four days later Desire said further tests showed the hydrocarbons were in fact water.”
You're wrong GDR. Get over it.
Jan 21st, 2011 - 01:13 am - Link - Report abuse 0Now I know that oil exploration is for gamblers ... but if you want to take a real outside chance - http://www.thestar.com/news/world/royalfamily/article/925314--how-william-and-kate-s-wedding-compares-to-charles-and-diana-s
Jan 21st, 2011 - 06:04 am - Link - Report abuse 0:-)
Islas Malvinas Argentina total oil production in milions of barrels per day to date 0,0.
Jan 23rd, 2011 - 09:35 am - Link - Report abuse 0Commenting for this story is now closed.
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