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Malvinas basin oil exploration scheduled to begin first half of 2011

Tuesday, February 22nd 2011 - 07:00 UTC
Full article 30 comments

Repsol-YPF plans to start deepwater exploration off the coast of Tierra del Fuego in the Malvinas basin are expected to begin before the end of the first half of 2011, according to company’s sources. Read full article

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  • 1st Sea Lord Guns

    Ah a flag of public convenience.
    I hear the Muchos Islands are favorite.
    Muchos bullkaka and botox,

    Feb 22nd, 2011 - 10:30 am - Link - Report abuse 0
  • yul

    I don't guess that we'll see any Brits posters here ! let's wait & see !

    Feb 22nd, 2011 - 11:28 am - Link - Report abuse 0
  • Rufus

    No UK flagged vessels, just one flagged from a Crown Dependancy, and one flagged from a British Overseas Territory (just like the Falklands).

    Feb 22nd, 2011 - 12:32 pm - Link - Report abuse 0
  • Billy Hayes

    The show is not here; the show is in RKH bloodbath.

    As I previously stated here, 220 is coming but is coming faster than I thought.

    Big sells are taking place and no one can see the floor yet.

    Some people in the city are starting to think that they have been conned and that Sea Lion will be downgraded sooner than later.

    Run Forest run before panic burn your money.

    Feb 22nd, 2011 - 02:34 pm - Link - Report abuse 0
  • Beef

    Somehow Billy, I don't think you have any clue what happens in the city or have any connections. If you are following the howling of some anons on III then that wouldn't really classify as city connections now would it?

    BTW - How have they been conned?

    Oil discovery on exploration well - Done
    Flow test - Done
    3D seismic infill - Ongoing
    p90 Expo/appraisal - Done (not bad result really) with more data to come
    P50 appraisal - spudded on 19th Feb (up to 38 days)

    I will be adding to my holding after pay day on Friday and hedging with a short.

    Billy - try harder next time.

    Yul - I wish the drillers all the best of luck. The more oil to go round the better. So why wouldn't us Brits post on this story? Unlike the Argie posters, I am not bitter. Why would I be bitter?

    Feb 22nd, 2011 - 03:42 pm - Link - Report abuse 0
  • xbarilox

    Yul is a Kirchnerist, and somewhere inside is twisted mind, everything relates to Cristina's oil drilling power. He believes that Cristina, EzekeNAZI and Bulgheroni will share their petro-money with us and now he feels powerful haha

    Feb 22nd, 2011 - 04:11 pm - Link - Report abuse 0
  • Marcos Alejandro

    Beef,
    How's Urinehopper doing?

    http://www.iii.co.uk/investment/detail?type=chart&display=chart&code=cotn%3ARKH.L&it=le&timeframe=3m&index=&versus=&linetype=line&Go=Plot+&overlay=&overlay2=&overlay3=&overlay4=&indicator=&indicator2=&indicator3=&indicator4=&chartwidth=500&buylines=on&triggers=on

    Feb 22nd, 2011 - 05:35 pm - Link - Report abuse 0
  • Beef

    Marcos - I can actually read and am taking the chance to profit out of volatility, so no point in asking me any questions really? Are you related to Jambala by any chance?

    Feb 22nd, 2011 - 05:39 pm - Link - Report abuse 0
  • yul

    6/ xbox

    I'm not Kirchnerist ...but I guess the Kirchners are Yulist !

    ><
    Beef

    I don't guess this area has some expressive Oil & Gas reserves. !

    Feb 22nd, 2011 - 07:39 pm - Link - Report abuse 0
  • Think

    (8) Beef

    Are you related to Garbled by any chance? :-)))

    Feb 22nd, 2011 - 07:46 pm - Link - Report abuse 0
  • Marcos Alejandro

    Beef, do you mean jambhala?

    Feb 22nd, 2011 - 07:47 pm - Link - Report abuse 0
  • Beef

    Yul - when did I acuse you of guessing?

    Think - no, I work for a living. I am also from the north of England and am not an Essex boy.

    Marcos - if that is how it is spelt. He is on my ignore list so no longer appears on my iii screen. Are you related?

    Feb 22nd, 2011 - 07:55 pm - Link - Report abuse 0
  • Think

    (11) Marcos Alejandro

    Yeahhhh... Jambhala.......!!
    Jambhala called it 100% right on Despire Petroleum and everybody insulted and hated him :-)

    But Garbled...........!!
    Garbled kept saying what the British sheep wanted to hear and everybody praised and loved him :-)

    Quite like MercoPress, don't you Think?

    Feb 22nd, 2011 - 08:01 pm - Link - Report abuse 0
  • Marcos Alejandro

    Yeahhhh... Jambhala.......!! He is a prophet Think :-)))

    ”For your information, Desire will be drilling in British Waters and NOT in a Banana republic or, mickey mouse places......dyor'
    Garbled
    Bad bad boy this guy.

    Feb 22nd, 2011 - 08:10 pm - Link - Report abuse 0
  • Beef

    Think - jamsarse appeared to lose a lot of money and got burnt by not de-risking. Dangerous thing this speculation lark!

    Garbs does have the rose tinted specs on.

    I follow my own more long term plan after derisking or hedging to protect profit or minimize losses.

    8 drills to go on this next round.

    Feb 22nd, 2011 - 08:11 pm - Link - Report abuse 0
  • Think

    Comment removed by the editor.

    Feb 22nd, 2011 - 08:42 pm - Link - Report abuse 0
  • Billy Hayes

    8 more dusters!!??

    Plese Beef, don´t get married with falklands fake oil adventure; south atlantic has a lot of pirate tales, be carefull with your kids money.

    As I told here before, stockholders are called to have a decisive part in the settlement of falklands dilemma.

    Don´t use all the money in more dusters, keep some millons in the bank and invest them in hotels, shoppings, infraestructure and services in the next falklands economic boom when kelpers join mercosur following stockholders pragmatic pressure.

    Feb 22nd, 2011 - 08:54 pm - Link - Report abuse 0
  • yul

    mates !..let's see the some numbers what they say to view !

    UK /
    oil reserves....3,5 billion barrels.
    production.....1,5 million barrel daily-
    consumption....1,6 million barrel daily-
    refinery capacity....1,7 million barrel daily.

    Argentina/
    oil reserves....2,5 billion barrels.
    production....670,000 barrels daily-
    consumption...470,000 barrels daily-
    refinery capacity...630,000 barrels daily.

    as we see ,they are two poor oil countries !!
    in per capita; Argentina is more richer than UK but not have
    multinational--big company power !

    Feb 22nd, 2011 - 09:15 pm - Link - Report abuse 0
  • Beef

    Actually Billy I stand to lose nothing from my FI investments. I have taken a profit and increased my overall shares by trading at £5 and buying back in at lower levels (apart from one trade at £4.60). I am very excited by LIM (on the Canadian market) and AYM (LSE:AIM) who own 41% of LIM. The Chinese want all the iron ore they can get! For oil look at MATD when drilling starts after the end of the Mongolian winter.

    Of course if the RKH appraisal goes to plan then a quick 100% can be made within the next month!

    Feb 22nd, 2011 - 09:30 pm - Link - Report abuse 0
  • xbarilox

    Perón, poor Perón, he's turning in his grave

    http://www.youtube.com/watch?v=Mz88m9uYYXQ

    Feb 22nd, 2011 - 09:49 pm - Link - Report abuse 0
  • yul

    let's continue by Natural Gas data ....

    UK/
    natural gas reserves ....0.29 trillion cubic/mt.
    production....59.6 billion cubic/mt yearly-
    consumption ...86.5 billion cubic/mt yearly.

    Argentina/
    natural gas reserves ...0.37 trillion cubic/mt.
    production....41.4 billion cubic/mt yearly-
    consumption .... 43 billion cubic/mt yearly.

    both are middle class in this global ranking !

    Feb 22nd, 2011 - 10:10 pm - Link - Report abuse 0
  • Zethee

    yul. I have no idea where you get your numbers from, this is the third time now i've checked them out and EVERY time they're just all wrong.

    Completely.

    Feb 23rd, 2011 - 03:55 am - Link - Report abuse 0
  • yul

    Zethee !............unfortunately true !

    Feb 23rd, 2011 - 08:04 am - Link - Report abuse 0
  • Billy Hayes

    Someome mentioned Peron??

    Download his songs and say no more...

    http://www.militanciakreativa.com.ar/?p=264

    Feb 23rd, 2011 - 11:21 am - Link - Report abuse 0
  • briton

    British Ushuaia stolen by pirates and should be returned to British hands

    Feb 24th, 2011 - 01:44 pm - Link - Report abuse 0
  • Martin_Fierro

    The pirate ship Normand Baltic got kicked out of Argentina. What's the matter Mercopress? Don't you read the news?

    Feb 28th, 2011 - 04:46 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    Because it hasn't numbskull It has gone down the road to another port in Argentina :) I think its also called a support vessel, haven't heard of very many 17th century 30 gun two decked galleons being kicked out of Mar del Plata as of late.

    Feb 28th, 2011 - 09:59 pm - Link - Report abuse 0
  • Martin_Fierro

    It's in Montevideo, Uruguay, numbnuts. And we will not stop until this ship is gone for good, it will not be allowed to take part in the oil exploration.

    Feb 28th, 2011 - 10:29 pm - Link - Report abuse 0
  • Zethee

    That's fine Martin, it's only a short trip to the falklands im sure she could lend a hand there!

    Mar 01st, 2011 - 03:00 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    haha thats fine Martin just shoot yourselves in the foot and drive away oil investment from Argentina by being a bunch of nutty nationalists :) The Falklands seem to be far more accommodating to international oil companies.

    Your loss our gain ;)

    Mar 03rd, 2011 - 08:25 am - Link - Report abuse 0

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