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Falkland Oil and Gas begins drilling in the second quarter of 2012

Monday, November 21st 2011 - 14:31 UTC
Full article 34 comments

Falkland Oil and Gas (FOGL) confirmed on Monday it was holding talks with potential partners to look for oil and gas in the Falkland Islands and announced that the exploration rig slated to drill four wells in Falklands’ waters is expected in the Islands in late January 2012. Read full article

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  • SamSalzman

    Is this another nail, Argies?

    Nov 21st, 2011 - 03:28 pm - Link - Report abuse 0
  • Englander

    Another nail???
    Even the most Nationalistic RG has tired of that pathetic nonsense.

    Nov 21st, 2011 - 04:07 pm - Link - Report abuse 0
  • Zool

    Guess all those nails got melted down to make oil rigs.

    Nov 21st, 2011 - 04:19 pm - Link - Report abuse 0
  • xbarilox

    I can feel the black gold coming to me, my family will profit from this too heehee we live in a strange and lonely world :)

    Nov 21st, 2011 - 05:21 pm - Link - Report abuse 0
  • Think

    Chuckle chuckle®

    Interesting things happened in the Malvinas Oil Front today……........

    1) Rockflopper released an RNS, announcing the completion of their side track on well 14/10-9z; basically saying that it was dryzabone………

    2) Subsequently, their share price dropped 7.35%..............................

    3) Nothing in comparison with the drop of the share price of “Falkland Oil and Gaaaaas”, the subject of the “positive article” above, that dropped a whopping 13.71%..............................................................

    Another nail on the British Pirate Oil Prospection coffin in the South Atlantic…………............., indeed.

    Nov 21st, 2011 - 05:54 pm - Link - Report abuse 0
  • briton

    Amazing how the pot calls the kettle black,
    Envious and jealously springs to mind

    But for an argie to be outwitted by a pirate,
    Is pretty embarrassing is it not,
    Laugh laugh
    .

    Nov 21st, 2011 - 07:45 pm - Link - Report abuse 0
  • Conqueror

    As has been pointed out before, Twink is an Argentine government propagandist. There are gaps in his “contributions” when his masters or “mistress” can't think of any adequate reply. Then there's his “holidays” that he takes in Uruguay spending Argentine fiat money that his masters and “mistress” won't honour. In other words, he's a thief. Like the majority of Argentine animals.
    Never mind, when the oil revenue is flowing in and the Falkland Islands buys Argentina, he will be reduced, with the rest, to serfs. Peasants. Work and you may be allowed sufficient slops and water to survive. Then work some more. You will need to be “useful”. And the best option? No passengers. No dead weight. No argentines.

    Nov 21st, 2011 - 08:19 pm - Link - Report abuse 0
  • Beef

    errrr Think. Has your IQ continued to decline?

    Can you point me to the section of the RNS that indicates the sidetrack was dry? The only hope you have is no hope.

    Buy on rumour, sell on news. Hence a daily drop.

    You are getting as dim or as desperate as Marcos.

    Nov 21st, 2011 - 09:19 pm - Link - Report abuse 0
  • Malvinero1

    rrrr Think. Has your IQ continued to decline?

    Can you point me to the section of the RNS that indicates the sidetrack was dry? The only hope you have is no hope.

    Buy on rumour, sell on news. Hence a daily drop.
    Sure crook economist....
    Let see the finding by exxon :
    A senior executive with ExxonMobil has cast doubt over potential energy reserves in the Falkland Islands, according to leaked documents obtained by the whistle-blowing website WikiLeaks.
    The US oil firm's international chairman Brad Corson is quoted as saying that he did 'not believe there is enough oil on the Falkland Islands Continental Shelf to be profitable'.
    His comments, made in confidence to the US Embassy in London, will cause uncertainty among investors investing into the likes of Rockhopper Exploration (down 7p at 346.5p) and Desire Petroleum (down 0.25p at 132p), two of the leading independent explorers active in the Falklands' northern basin.

    Read more: http://www.thisismoney.co.uk/money/article-1335533/Exxon-boss-Falkland-Islands-warning-leaks-out.html#ixzz1eNU8vUks

    Nov 21st, 2011 - 09:35 pm - Link - Report abuse 0
  • Monty69

    9 Malvinero1
    OMG you complete tool!
    This article is from a year ago, and 'Brad' was speaking before there was any oil found at all.
    Doh

    Nov 21st, 2011 - 09:54 pm - Link - Report abuse 0
  • Think

    TWIMC

    Let’s just read Rockflopper RNS again…………….........................:

    ”RNS Number : 4186S
    Rockhopper Exploration plc
    0700hrs, 21 November 2011
    Rockhopper Exploration plc is pleased to announce that coring operations at well 14/10-9z have been successfully completed.
    The sidetrack, well 14/10-9z, was drilled to a total depth of 2600m md. A total 60m of core was cut through Casper and Sea Lion bringing the total amount of core cut during the entire drilling campaign to 340m to date.
    Additionally, a further set of formation pressure test points and samples were taken over the Kermit reservoir which indicate residual oil saturation.”

    In other words………………...........................................…: Driza-Bone.

    Nov 21st, 2011 - 10:23 pm - Link - Report abuse 0
  • Beef

    Malviner - I see you are taking a leaf out of the Marcos book, quoting a reference that was made before the Sea-Lion oil discovery and on 1998 data.

    Are you Marcos in disguise?

    If you choose your investments of outdated and superfluous information then I guess you deserve to be failures.

    We have another drill south if the most recent one where contrary to Think's claims, a second oil discovery was made and good thickness in Sea Lion was encountered.

    More oil for us and none for you.

    Nov 21st, 2011 - 10:24 pm - Link - Report abuse 0
  • Marcos Alejandro

    Everytime that englishman gambler Beef loses his rear end in the market( like today) gets paranoid and confused.
    Beef, the only oil that you are going to get from Malvinas is used cooking oil from Monty69' kitchen.

    Nov 21st, 2011 - 11:05 pm - Link - Report abuse 0
  • briton

    is it not wise to look before one jumps,

    is it not best, to wait untill the results,
    no oil, no problem,
    much oil , thus you argies may look even sillier,
    just a dark thought .

    Nov 22nd, 2011 - 12:21 am - Link - Report abuse 0
  • Redhoyt

    Disingenuous Think - a 7% drop?

    After how much of a rise?

    Remember, “there are lies, damned lies and statistics”.

    The modern version of that quote should probably read, “ there are lies, damned lies, and Argentine lies”.

    The really strange thing is, that Argentines seem to enjoy lying to themselves !

    Bit weird that :-)

    Nov 22nd, 2011 - 02:07 am - Link - Report abuse 0
  • xbarilox

    @ 15 I don't enjoy lying to myself, tootootoo, take control of your squirt granny.

    Nov 22nd, 2011 - 02:40 am - Link - Report abuse 0
  • Malvinero1

    Malviner - I see you are taking a leaf out of the Marcos book, quoting a reference that was made before the Sea-Lion oil discovery and on 1998 data
    No I am not Marcos,and I think you are a crook,corned beef.
    I will not risk one peso in those scams....

    Nov 22nd, 2011 - 03:18 am - Link - Report abuse 0
  • Redhoyt

    Xbrain - if you don't enjoy it, it's masochistic - even weirder.

    Marvin - and that's why you'll always be poor !

    Nov 22nd, 2011 - 03:42 am - Link - Report abuse 0
  • Beef

    Marcos - Any evidence, no i forget. Evidence is not needed for Argies, it is optional. No oil??? Hmm, two oil discoveries, 2016 development plan indicates the opposite and this resource will be become a booked reserve in H1 2012 :)

    Malvier - one peso. I would advise you to use your pesos as quickly as possible as they are so worthless that even you own gvt doesn't want them. You wouldn't know where to start if you wanted to invest in RKH.

    Nov 22nd, 2011 - 06:56 am - Link - Report abuse 0
  • lsolde

    Poor Argentines, seething with jealousy if there is oil(because they won't get anything out of it) & hoping that there is no oil so they can say“l told you so”!(and will make them feel better).
    You had your chance, no prizes for second place.
    What strange people they are

    Nov 22nd, 2011 - 10:24 am - Link - Report abuse 0
  • M_of_FI

    Ah, welcome back Think. Where did you disappear to during all of the Falklands good news? Back to your bitter hole no doubt. I welcome your reemergence. I see you are grasping at straws there. I like to see you grasping at straws.

    Do Argentines actually believe calling us pirates offends us? I think they are grasping at straws again. They are good graspers those Argentines.

    Nov 22nd, 2011 - 11:28 am - Link - Report abuse 0
  • stick up your junta

    Do Argentines actually believe calling us pirates offends us?

    Dont offend me

    Captain Pugwash Theme Tune

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

    Nov 22nd, 2011 - 01:40 pm - Link - Report abuse 0
  • Zool

    Pirates are cool

    Nov 22nd, 2011 - 03:29 pm - Link - Report abuse 0
  • Think

    (23) Suuuuuure…………. Pirates are soooooo cool…………
    http://www.bbc.co.uk/news/uk-14800271

    What a Turnip!…………..

    TWIMC
    Rockflopper’s share price dropped further 3.97% todayon yesterday's good news..............

    Nov 22nd, 2011 - 04:57 pm - Link - Report abuse 0
  • stick up your junta

    Rockflopper’s share price dropped further 3.97% todayon yesterday's good news..............

    Thats it Think keep bashing the Bishop,bit of luck you might pull it off, anyway take some time out on this

    English-to-Pirate translator
    http://www.talklikeapirate.com/translator.html

    Nov 22nd, 2011 - 05:10 pm - Link - Report abuse 0
  • Marcos Alejandro

    Can you help? Britain is too far...

    “If either of the two zones currently licensed for oil exploration around the Falkland Islands become significant fields, Argentina, which already has a developed and geographically handy oil infrastructure, would be well placed to profit, if prepared to cooperate”

    Not a chance.

    “An answer to the present stalemate, if it is ever to come, must emerge through dialogue – further armed conflict is unthinkable - but it has to be real dialogue, about real issues and involving all the parties concerned”

    John Fowler

    Urinehopper down again, (-3.97%)

    Nov 22nd, 2011 - 05:54 pm - Link - Report abuse 0
  • stick up your junta

    Given Argentina's abandonment of a previous agreement on cooperation in this field and the recent attempts by the Kirchner administration to isolate the Falklands from the continent and bring its economy to its knees, it is more likely that the Falkland Islands Government would insist that, whatever the extra cost and difficulty, exploiting any oil-should not involve Argentina.

    John Fowler

    In the last eleven days the Argentine Peso has fallen almost 20%

    Nov 22nd, 2011 - 06:41 pm - Link - Report abuse 0
  • briton

    but it has to be real dialogue,

    you mean the kind of dialogue that allows Argentina to spread abhorrent lies abet the Falklands and the British government,

    You just cant tell the world that we are the liars, then expect us to crawl around a table to talk,
    That would seem as if you were correct, [would it not]
    I would suggest that if Argentina realy wishes to talk abet the truth,
    The very first and very important thing she and her bloggers should do,
    Is tell the bloody truth,
    .

    Nov 22nd, 2011 - 07:22 pm - Link - Report abuse 0
  • lsolde

    @28Briton,
    They can't & they won't.
    l'd rather sell the oil to North Korea than deal with Argentina(after all they've done).

    Nov 23rd, 2011 - 07:59 am - Link - Report abuse 0
  • Englander

    TWIMC
    “Residual oil saturation”
    Wouldn't that perhaps be indicating a large reservoir of oil in the vicinity? Doesn't sound exactly arid. Just a thought you understand.
    Turning to Pirates - Don't worry its all fine, Sir Francis Drake was termed a Pirate by murdering, thieving Spanish scum as he liberated their stolen golden booty en route from the New World to Spain.
    Pirate? if you like! National hero? Absolutely!
    As for Somali Pirates not sure that's a particularly good analogy.
    Suppose it depends on your personal morality and what side of history you come from.

    Nov 23rd, 2011 - 01:58 pm - Link - Report abuse 0
  • Think

    TWIMC:

    Yet another day in the red for Malvinas Pirate Oil Prospection Shares.
    Rockflopper’s shareprice dropped further 1.91% today..............

    Still nothing in comparison with the drop of the shareprice of “Falkland Oil and Gaaaaas”, that dropped 3.28% today................................

    Jupppppppppppppppppp…….
    Those ”Rockflopper News” about a ”Second Oil Discovery” and ”a Billion Oil Barrels” seem to have convinced the market ………………….indeed.

    Nov 23rd, 2011 - 04:59 pm - Link - Report abuse 0
  • Englander

    And the Merval Index is down 2.56% so far today.
    Tough times ahead for the World economy or perhaps it will just be confined to company's drilling for oil off the Falkland Islands?

    Nov 23rd, 2011 - 06:37 pm - Link - Report abuse 0
  • Malvinero1

    Malvinero1
    OMG you complete tool!
    This article is from a year ago, and 'Brad' was speaking before there was any oil found at all.
    Doh
    Sure monty! There is a lot of “oil” there.....
    BTW,you hate the Argentines,rigth monty??
    NO, just reassure to me so I can go and sleep very well tonigth.
    Any hatred coming from the brits,makes me feel good!!
    brits=SATAN

    Nov 27th, 2011 - 03:39 am - Link - Report abuse 0
  • lsolde

    Monty is correct, Malvinero1.
    You are a complete tool.
    Malvinero1=idiota

    Nov 28th, 2011 - 05:14 am - Link - Report abuse 0

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