Falklands’ oil companies contract more sophisticated exploration rig

Friday, May 6th 2011 - 07:20 UTC

Full article 11 comments

Borders and Southern Petroleum PLC licensed for oil exploration in the Falkland Islands announced Friday the signing of a new rig contract with Ocean Rig under which the Eirik Raude has been replaced by the Leiv Eiriksson. Read full article

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briton
The oil is slowly comming,
and the argies are slowly going lol
May 06th, 2011 - 12:28 pm - Link - Report abuse 0
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Think
TWIMC
”Falklands’ oil companies contract more sophisticated exploration rig”
Chuckle chuckle

Who are they trying to fool?
The Leiv Eiriksson is LESS sophisticated than the Eirik Raude!
The Leiv Eiriksson is a clear downgrading in respect to the Eirik Raude!
http://www.ocean-rig.com/modules/module_123/proxy.asp?D=2&C=28&I=35&mid=19
May 06th, 2011 - 02:04 pm - Link - Report abuse 0
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Beef
Think - when did you become an oil rig engineer? I had a nice flight to Korea last October next to a rig engineer. Perhaps he was working on those four Drill Ships.

The tech spec of the rig wasnt the most interesting thing in this RNS. I thought the line ”adds more certainty to our drilling timetable and also flexibility, given its potential availability, after the firm drilling program has been completed”.

Looks like this rig will be around for longer that initially planned. Things are getting interesting. For us that is, it is bugger all to do with Argentina!
May 06th, 2011 - 08:01 pm - Link - Report abuse 0
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Martin_Fierro
So, you haven't found enough oil to make this whole oil fiasco possible... because the rigs used are not sophisticated enough?

Is that the issue?
May 07th, 2011 - 12:14 am - Link - Report abuse 0
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Redhoyt
Can't you read Martian - its about availability, not sophistication !
May 07th, 2011 - 01:40 am - Link - Report abuse 0
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Martin_Fierro
“We believe the Leiv Eiriksson offers improved technical capabilities”

I suspect there isn't much to find down there, and if there is you people don't have the means to extract it or process it.

But keep at it, we love it when you waste money.
May 07th, 2011 - 01:57 am - Link - Report abuse 0
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Think
Chuckle Chuckle……………..

Lets hope that both, the Greenlandish bad luck and the Greenpeace people, follow this rig all the way down to the Argentinean South Atlantic.

http://knr.gl/kl/news/tiguaagaluarneq-cairnimit-persuarsiutigineqanngilaq
May 07th, 2011 - 07:15 am - Link - Report abuse 0
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stick up your junta
Argentinean South Atlantic?

Chortle Chortle.................
May 07th, 2011 - 08:23 am - Link - Report abuse 0
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Wireless
Apparently, Think has now claimed the entire South Atlantic on behalf of his country, no doubt in a year's time it will be reported in a newspaper somewhere and someone in Argentina will read it, tell the Peronists, and the Argentine Government will announce to the World that Think had the Authority of the Argentine Government in making this legitimate claim as the Appointed Governor of the South Atlantic...sounds familar.

Whether Think survives his subsequent piracy of any US ships that might be in the South Atlantic only time will tell.
May 10th, 2011 - 12:19 am - Link - Report abuse 0
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Martin_Fierro
The Argentine EEZ is in the South Atlantic, or can't you idiots read...?
May 10th, 2011 - 02:01 am - Link - Report abuse 0
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Redhoyt
The Falklands EEZ is also in the south Atlantic ! South Georgia and the SSI's EEZ is also in the south Atllantic .......... Tristan da Cuhna's EEZ is in the south Atlantic ...... and the point is ?
May 10th, 2011 - 08:21 am - Link - Report abuse 0
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