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Falklands’ government oil revenue of 180bn, only the ‘best case’ scenario

Wednesday, February 22nd 2012 - 02:42 UTC
Full article 18 comments

The Falkland Islands Director of Minerals Stephen Luxton said that estimates published last week in the UK, of revenue of 180 billion dollars for the Falklands Government from oil production are only a “best case” scenario since in spite of great potential, the only true test is the drill bit. Read full article

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  • JORGE1982

    I wonder what will happen when all this oil circus finishes and they tell the truth about it.
    I mean, when they recognize that the oil reserves weren't what they shouted.

    Feb 22nd, 2012 - 03:55 am - Link - Report abuse 0
  • Marcos Alejandro

    Stephen is living proof that there isn't any food shortage over there.
    Occupation: Dust extraction

    Feb 22nd, 2012 - 04:26 am - Link - Report abuse 0
  • Malvinero1

    Comment removed by the editor.

    Feb 22nd, 2012 - 04:57 am - Link - Report abuse 0
  • dreyfoss

    Comment removed by the editor.

    Feb 22nd, 2012 - 06:13 am - Link - Report abuse 0
  • Mrlayback

    These websites should really look at age groups before letting people make comments, quite clearly Marcos, Malvinero1, dreyfoss, they are under age and should ask permission from their parents.

    Feb 22nd, 2012 - 09:08 am - Link - Report abuse 0
  • Be serious

    1
    I guess if there isn't as much oil as first thought and what there is, is safely extracted and sold on World markets, Argentina will lose interest.

    Hopefully the environment will be protected and the Islands will remain in their current pristine condition. Shame you Hispanics couldn't have looked after your own environment a little better.

    Feb 22nd, 2012 - 09:44 am - Link - Report abuse 0
  • J.A. Roberts

    Hilarious. The best “argument” the Malvinistas can come up with is how “large” Stephen Luxton is... If that's the best they can do, then the Falkland Islanders shouldn't be worried..

    Feb 22nd, 2012 - 10:14 am - Link - Report abuse 0
  • Papamoa

    I think the argentine posters are VERY envious of the Falklands (Potentially Vast) Wealth and Future prospects!!!!!!!!!!!!!

    Long Live the Falklands.

    Feb 22nd, 2012 - 12:05 pm - Link - Report abuse 0
  • stick up your junta

    They might all get bigger with all that lovely oil money coming,no work to do and rich food,I know, they can build a olympic sized pool with some of the dosh

    Feb 22nd, 2012 - 05:11 pm - Link - Report abuse 0
  • GreekYoghurt

    To be fair to most Argentines they're stick thin because all they have to eat with the current inflation is gruel. The hilarious thing is although Stephen Luxton might be on the larger side, he's nothing compared to currently groomed presidential heir apparent Maximo Kerchner, who let's face it... is one massive greaseball.

    Feb 22nd, 2012 - 07:16 pm - Link - Report abuse 0
  • JORGE1982

    Hi Roberts! (tanto tiempo) You always talking nonsense on the net (not just here) :-)

    Feb 22nd, 2012 - 08:39 pm - Link - Report abuse 0
  • briton

    Does it really matter, if there is oil or not, if it is worth 50pence or billions,
    Its not argentine, and that is a fact .
    Leave em alone to live in peace .
    .

    Feb 22nd, 2012 - 09:23 pm - Link - Report abuse 0
  • Academik

    I only feel sorry for the poor arguments of the inhabitants of the Falklands for JOINING only wealth that belongs to Argentina. Hopefully the law will prevail not only the strongest will prevail but also history, geographical reasons and international law only reason to give the Argentine claim. And the ground made ​​the bogus self-determination. (this right is only when you're a native, is not the case invaded the islands in 1833 and the English settlers brought)

    Feb 23rd, 2012 - 08:34 pm - Link - Report abuse 0
  • briton

    (this right is only when you're a native, is not the case invaded the islands in 1833
    and the russians invaded,

    Feb 23rd, 2012 - 11:03 pm - Link - Report abuse 0
  • Wireless

    They have to mention 1833, but woe betide anyone that points out 1982, but then who cares, the drill bit keeps turning and they can do nothing but cry about it.

    Feb 24th, 2012 - 01:11 am - Link - Report abuse 0
  • tigre

    Do not forget, though living in the malvinas are South American, first, not happy about the oil that is for the queen and a few employer and the rest is to support britain not to get in crisis, in short they will not see a coin ... his part is the contamination of water, air and earth ... hopefully there is little oil, and assemble other business more sustainable and less polluting, bye, South American

    Feb 24th, 2012 - 03:07 am - Link - Report abuse 0
  • Mrlayback

    13 Academik

    The only thing that will prevail is the islanders right to self-determination, Wealth only happened to the islanders through 9 generation´s of good honest hard work, Oil was only discovered recently and its not known If it will give more wealth to the islanders. Argentina government will only destroy that community spirit, and destroy what the islanders created. We live in reality not the past and geographicaly speaking its 200 miles from Argentina so its not exaclly close to Argentina either, just because its the closest land dont make it right. and by the way you never had the island in the first place. give
    it up ! and leave them in peace .............. PEACE !!!!!

    Feb 24th, 2012 - 06:31 am - Link - Report abuse 0
  • briton

    tigre (# [growl ]

    Feb 24th, 2012 - 05:25 pm - Link - Report abuse 0

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