MercoPress. South Atlantic News Agency
Indian oil and gas company desists from Falklands’ exploration partnership
After having to abandon its oil and gas assets quest in Vietnam off the South China Sea India has asked ONGC Videsh Limited (OVL) not to go ahead with its acquisition of hydrocarbon assets located in deep water in Falkland Islands Read full article
Comments
Disclaimer & comment rulesIndians are clever ...!
May 16th, 2012 - 09:45 pm - Link - Report abuse 0http://oilprice.com/Energy/Crude-Oil/India-Decides-to-Invest-in-the-Oil-Potential-of-the-Falklands.html
May 17th, 2012 - 12:04 am - Link - Report abuse 0CORRECT india is clever
India doesn't like British pirates, they will not buy your jets nor steal Argentinian oil, if any.
May 17th, 2012 - 01:26 am - Link - Report abuse 0Oh well it doesn't matter as its only one off many interested companies. Hopefully one such former british company takes up the offer, i hear their interested.
May 17th, 2012 - 01:44 am - Link - Report abuse 0Oh and argietards - in all lines of business there are setbacks like this, but seriously, gloating and rubbing the islanders face in it about it will only result with you having egg on your faces.
BBC
May 17th, 2012 - 01:46 am - Link - Report abuse 0Indian oil and gas meeting with British oil in companies in Malvinas.
http://www.youtube.com/watch?v=hYeFcSq7Mxg
Marcos your just being foolish and ingnorant if you really believe no oil company would invest in the exploring and extraction of oil in the falklands, the fact some are already exploring the area and others are showing keen interest in the background justgoes to show that one big player will soon be making a move - Probably within the next 6-12 months.
May 17th, 2012 - 02:01 am - Link - Report abuse 0What is really funny though marcus is the fact theres nothing you or argentina can do about, without starting a war. Where still waiting for yje promised legal action, the dealine passed over 2 weeks ago and so far nothing, so yet another empty threat from argentina. In the meantime, EU is looking to impose serious sanctions on argentina - Enjoy want time you have left were you can afford to pay your rent and pay for food etc, as its about to get a whole lot more expensive to live in argentina.
6 Teaboy2 “Marcos your just being foolish and ingnorant”
May 17th, 2012 - 02:17 am - Link - Report abuse 0“ ingnorant”? English is not my native language but it is yours...ignorant.
Yes am also dsylexic you moroon - A fact i have pointed out many times on here in the past.
May 17th, 2012 - 02:56 am - Link - Report abuse 0Tell me moroon, couldn't you think of an intelligent response to counter what i said - Or do you just prefer to pick people up on their spelling or typing errors in a pathetic attempt to show them up? You do realise no one will thank you for it and will just see you as the arrogant little child you really are. Only those argitards like you will support you and thank you for it, but then everyone here knows they are just as arrogant and childishly pathetic as you are.
8 I am not picking people up on their spelling, I am learning the language.
May 17th, 2012 - 03:22 am - Link - Report abuse 0I am just pointing out to you that if you like to insult people don't come back crying like a baby after, go to bed.
TWIMC
May 17th, 2012 - 03:42 am - Link - Report abuse 0Article says:
”Officials in the Petroleum Ministry said that the MEA had advised OVL against pursuing interests in the region due to the Sovereignty Claims and dispute between Britain and Argentina.”
I say:
What was Think saying last week?......
http://en.mercopress.com/2012/05/11/indian-leading-oil-company-in-talks-to-buy-25-stake-in-falklands-exploration-block ......:
”22 Think
And the answer of the Ministry of External Affairs of India (MEA) was:
www.youtube.com/watch?v=WOdjCb4LwQY”
”28 Think
“Our people” have already called “their people” yesterday.........
“Their people” told “our people” that the answer to the Brits is clear....:
Computer says nooo....
www.youtube.com/watch?v=WOdjCb4LwQY”
”35 Think
(30) Beef; you say:
“My bet is it will be a company with connections to India”
I say:
Klick. klick, kliklick, klik, klickeryklick.....................Enter…….
Computer says noooooooo.
Coughhh....
www.youtube.com/watch?v=WOdjCb4LwQY”
Well………………. Computer was right………………
When are you Turnips (and Mr. Beef, and Mr. Gus…..) going to listen to some common sense?..........
Chuckle chuckle©
PS:
Quite good Share Price developments the past couple of weeks don’t you “Think”?
ARG GBX 17.25
-0.62 (-3.50%)
DES GBX 23.25
-0.75 (-3.12%)
RKH GBX 283.25
-13.00 (-4.39%)
BOR GBX 75.0
-1.00 (-1.32%)
FOGL GBX 84.50
-3.75 (-4.25%)
8 Teaboy2---- when anyone picks up on people spelling in an augment its sure sign that they don't know what to say to counter the augment and it’s a sure sign that they have lost the augment. Something that is lost on people like the Argentine Muppet Marcos Alejandro.
May 17th, 2012 - 04:22 am - Link - Report abuse 0So Muppet Marcus are you going to answer what Teaboy asked, you namely what happened to that threat of legal action that the deadline passed two weeks ago. Or the fact that the EU is looking to impose sanctions on your silly little country that will mean you lot of morons in Argentina becoming far poorer than you already are.
(11) Britishbulldog
May 17th, 2012 - 04:28 am - Link - Report abuse 0You say:
......when anyone picks up on people spelling in an augment its sure sign that they don't know what to say to counter the augment and it’s a sure sign that they have lost the augment.
I say:
Can't beat that “augument” :-)))
:-)))))))))))))
May 17th, 2012 - 04:40 am - Link - Report abuse 0malavinas! What Malvinas, they do not exist!!!!
May 17th, 2012 - 05:31 am - Link - Report abuse 0As a shareholder in some of the Falklands oil explorers I can only say thank goodness the Indians have decided to pull back from their involvement down there. This is the general feeling amongst the posters on the online share sites.There are over a million Indians in the UK and I have many friends in that community.They are the first to say that the problem with India is the Indians with the corruption ,nepotism (does it remind you of anywhere) and general incompetence. That is why the Indian growth rate has slumped dramatically as western companies cut back or try to exit from their investments in India. The Indians are also trying to rewrite their tax laws to retrospectively claim tax back to 1960.Not a smart move if you want to modernise your economy.
May 17th, 2012 - 05:58 am - Link - Report abuse 0Having been at business school with both Indians and Chinese the ones who really impress are the Chinese,especially the girls,who invariably came top despite English being their second language.
A view shared incidentally by several of my Indian friends. Even though India is expected to surpass China in population in the next 20 years my money is on China.India could do reasonably well because of its links to the Angloworld but it has already split into 3 separate countries since the British ran it and there are about 7 separatist movements not including the Hindu-Muslim conflict.
I see the Argies are jumping up and down with excitment about the Indians not farming in to a wildcat acreage. Forget to mention that a primary farm-in agreement has already been concluded which is part funding the Loligo drill to target multiple reservoirs. Job done and cash banked :-)
May 17th, 2012 - 06:01 am - Link - Report abuse 0Beef, sitting patiently for the RKH farm-in and production timetable. Any Argies want to place a bet. I can pay out in USD if you wish with no 25% limitations.
Analysts question the reasoning behind OVL's rather ambitious bid to do business in these blocks. Not only are they literally in another end of the world, which will escalate future exploration costs for ONGC if it has to mobilize rigs and other resources, it is questionable whether the company has the know how to operate in extreme conditions that Falklands present. It is already struggling to make good its $2.1 billion acquisition of Imperial Energy's Russia assets where the oil output has fallen significantly.
May 17th, 2012 - 06:26 am - Link - Report abuse 0Congratulations to Think for his logic if not for his humour of his modesty. It is hard to imagine why a Company operating in the Falklands would have even entertained the possibility of a partnership with an Indian State dominated entity, given India's anti-colonial stance in the C24 over the years.
May 17th, 2012 - 06:55 am - Link - Report abuse 0RG's stop slavering over out oil its getting embarrassing!!
May 17th, 2012 - 06:58 am - Link - Report abuse 0This must be firm evidence of no oil so bugger off and stop looking over the fence like a jelous neighbour.
TWIMC
May 17th, 2012 - 07:06 am - Link - Report abuse 0Nice to see the Turnips try to jiggle joggle and wiggle waggle out of this one....
Last week it was no limit about how good this Indian deal was….........
Today the Indians are, quoting poster (15): ….. Corrupt, nepotistic and generally incompetent……
Must be therefore British FOGL approached them with an offer……….
***Birds of a feather flock together***
And Mr. Beef still sitting patiently on his 30,000 RKH “derisked” babies bought at a ~ £1.5 average……………….
Chuckle chuckle©
PS:
Cmd McDod…….
First of all I would like to use this opportunity to thank you again for your graciousness and generosity the other day………….by investing, on Mr. Think’s name, some 20£ on BOR shares…..
How are my babies doing?
;-)
@20 £50 went in.... As I said at the time, let's wait for the analysis to come back before cashing them in, shall we?
May 17th, 2012 - 07:25 am - Link - Report abuse 0Seriously, though, you have to question the intellectual capacity of FOGL's Board and the integrity of their farm-in advisers to have allowed this to develop even this far. I can't see anything positive in this for anyone except Argentina.
£20 Think. That is more than your life savings isn't it.
May 17th, 2012 - 07:25 am - Link - Report abuse 0BTW - Using this Greek debarcle to top up on RKH and have set a limit sell of the acquired 10,456 at £3.20. Want me to proxy for you?
Thank the lord for CMC markets and being able to short the FTSE.
Following on from 21, I've just walked the dogs around the DoD home estancia and reflected. There is something positive to be drawn from the independent analysis provided OVL's technical team as well as Fugro Robertson Ltd.
May 17th, 2012 - 07:56 am - Link - Report abuse 0@British Bulldog #11 - “when anyone picks up on people spelling in an augment its sure sign that they don't know what to say to counter the augment and it’s a sure sign that they have lost the augment. Something that is lost on people like the Argentine Muppet Marcos Alejandro.”
May 17th, 2012 - 08:02 am - Link - Report abuse 0That is so true. As for Marcus, well he still hasn't answered my question.
@Marcus #9 - “I am just pointing out to you that if you like to insult people don't come back crying like a baby after, go to bed.”
Sorry Marcus but since you have not answered my question as pointed out to you by Britishbulldog in post 11 - Then my calling you foolish and ignorant is not an insult, because it is simply a true statement and will remain like that until you can answer my questions. However pointing out peoples spelling or even grammer mistakes is insulting whether your learning the language or not - Especially when that person has made it clear in the recent past that they are dyslexic.
(21) Doveoverdover
May 17th, 2012 - 08:35 am - Link - Report abuse 0You say:
“ £50 went in........”
I say:
Woooow.....
With that money I could buy a direct descendant of Mancha, a horse of best Chubutean lineage!
http://www.facebook.com/media/set/?set=a.149894385040559.25570.149078068455524&type=3
@3
May 17th, 2012 - 08:45 am - Link - Report abuse 0Maybe not jets but who knows what is contained in the UK-india trade. We sell over £4 billion worth of stuff to India each year and buy over £6 billion from India. Argentine-India trade level is a joke in comparison.
(23) Cmd McDod
May 17th, 2012 - 08:53 am - Link - Report abuse 0Walked the dogs......
If I may guess…..
You sound like a Labrador Retriever man…..
This may be a short term setback for the Falkland's oil industry but it may actually work out rather nicely for the UK. Oil is a product for which money can always be found and UK based oil companies will not shy away from threats from Argentina.
May 17th, 2012 - 09:40 am - Link - Report abuse 0When there are proven profitable reserves the cash will flow in as fast as the oil flows out.
No problem, more for everybody else :)
May 17th, 2012 - 11:48 am - Link - Report abuse 024 Teaboy2------ I still notice that Muppet man has still not answered your question. Perhaps Think might want to jump in an answer your question seeing that Muppet man Marcus won’t answer it.
May 17th, 2012 - 12:22 pm - Link - Report abuse 0I will ask it again so that their can’t be any confusion on the part of the Argy bargys .
So Muppet Marcus are you going to answer what Teaboy asked you, namely what happened to that threat of legal action that the deadline passed two weeks ago. Or the fact that the EU is looking to impose sanctions on your silly little country that will mean you lot of morons in Argentina becoming far poorer than you already are.
Any Argentine will do if those two free thinkers can’t answer the question.
I think 'I don't Think' is getting increasingly desperate.
May 17th, 2012 - 12:25 pm - Link - Report abuse 0BTW 'I don't Think', if you want to get more money you could always sell your old French watch, made by the Russians in 1956 that always tells the correct time TWICE a day: I'll be generous and offer you 1 UY$. LOL
Comment removed by the editor.
May 17th, 2012 - 01:05 pm - Link - Report abuse 0(30) Britishbulldog's “augments” are getting better and more polite by the minute......
May 17th, 2012 - 02:36 pm - Link - Report abuse 0One day I may even “aunser” him.
One day....
Think. It always makes me smile when you use the “I say, you say” routine. What you say, or even believe is not important when it comes to the Falkland Islands, and that is why I very rarely read or even post on the Mercopress comments section now. The only opinion that matters regarding this subject are the Falkland Islanders and no one else. No matter what you 'think', say, believe, or whatever, truly does not matter or has or will have any bearing on what happens to the Falkland Islands. You will have to accept the fact that you are completely irrelevant. But I am sure that this will be a difficult thing to digest, seeing as you are the self-appointed philosopher/ambassador of Argentina's cyber claim to the Falkland Islands.
May 17th, 2012 - 02:51 pm - Link - Report abuse 0To sum up, Think and his band of keyboard warriors, what you say or believe is not important. And this will always be the case.
(34) M_of_FI
May 17th, 2012 - 03:10 pm - Link - Report abuse 0You say:
“What you say, or even believe is not important when it comes to the Falkland Islands”
I say:
Obviously, it was important for the Indians.....:
”ONGC Videsh told not to pursue asset buys in Falkland Islands.....
Territorial claims and disputes between Britain and Argentina are cited as the reasons…………..”
http://www.thehindu.com/business/Industry/article3425773.ece
At least the Indians didn't spill oil in the Gulf of Mexico.
May 17th, 2012 - 03:34 pm - Link - Report abuse 0@27 How did you guess - profile analysis or just stereotyping? They're called Nelson (obviously) and Gibson (because today one can't call it after the Dambuster dog).
May 17th, 2012 - 03:45 pm - Link - Report abuse 0(37) Cmd McDod
May 17th, 2012 - 03:54 pm - Link - Report abuse 0Sorry lad...
An old habit.... ;-)
Do they colour match your Fair Landy?
Think, are you saying that the Indians are taking advice from you before they consider investing in the Falkland Islands' Hydrocabon Industry? I am glad you still believe you are important - at least someone does.
May 17th, 2012 - 05:08 pm - Link - Report abuse 0I shall repeat my point, you are irrelevant. The Islanders will always decide the sovereignty of the Falkland Islands. Argentina can try its best to destroy our economy, but we will get by.
My offer to visit the Falklands is still open. I shall take you to the (so-called) world famous Globe Tavern on a Saturday night and you can tell all the soldiers and locals in there of your thoughts.
You guy are really funny. Had a lot of fun reading your comments.
May 17th, 2012 - 05:19 pm - Link - Report abuse 0Mr M_of_FI, you know I like you but your “You can tell all the soldiers and locals in there of your thoughts” is not very constructive... Not brave at all.
I didnt know you did liked me Malvi! But it is nice to know.
May 17th, 2012 - 05:40 pm - Link - Report abuse 0I dont understand how it is not brave. My point is that Think will always sit behind his keyboard, spouting some quite inane points. He should come to the Falklands, the place that he passes so much comment and judgement and have debates with people face-to-face. I am sure he wont quite have the same charm in person. My invitation extends to you Malvi!
I remember the day when I was in Santiago and an Argentine approached me to talk to me about the Falklands. The poor guy thought I was from England. I quietly listened to his views and then showed him my passport. He turned white and walked away. I guess he couldnt bear actually talking to someone from the Falklands.
@ M_of_FI: It sounded like you were threathening Think.
May 17th, 2012 - 05:59 pm - Link - Report abuse 0Thanks for the invite! This is the second time you´re inviting me over! I can´t refuse if there´s a third one! :) I´d love to go. But you´ll probably double charge me (kidding)
Yeah, I´d heared that story from you. He probably turned white cos he didn´t have the intention to offend you M_of_FI!
One door closes another one opens, only a matter of time before someone with more knowledge and experience (oh and a set of balls) of deep sea drilling becomes involved.
May 17th, 2012 - 06:01 pm - Link - Report abuse 0As usual...
May 17th, 2012 - 06:01 pm - Link - Report abuse 0Urinehopper 274.38 -8.25 (-2.91%)
Borders & Thieves 70.88 -4.25 (-5.67%)
Farse Oil & Gas 81.38 -3.25 (-3.85%)
Not wonder Exxon-Mobil, BP, Indian oil and gas and more say no.
Disaster Petroleum 22.75 -0.25 (-1.08%)
You forgot......
May 17th, 2012 - 06:15 pm - Link - Report abuse 0Arghhhhos resources 16.38 Down-0.88 (-5.07% )
How do Mr.Beef investors friends call this.......?
A Sea of Red............
Sure did :-)
May 17th, 2012 - 06:28 pm - Link - Report abuse 0Everyone is welcome to visit the Falklands, so long that people are respectful, as anyone expects from visitors. Visiting these islands really dispels the myths ciculated by the Argentine Government (e.g. held hostage, implanted population, a soldier population only etc. etc.). This is our home and we decide its future. It is simple as that.
May 17th, 2012 - 06:36 pm - Link - Report abuse 047 Yes, Everyone is welcome to visit Malvinas...“Visiting these islands really dispels the myths ciculated by the Argentine Government”
May 17th, 2012 - 06:44 pm - Link - Report abuse 0Suuure :-)
“Eight years ago I made a joke about the islands in an article for this paper. I soon wished I hadn't”
“Stony faces greeted my return. Worse still, my trip coincided with a VIP visit from members of the House of Lords, and I was included on their itinerary, so lined up to meet and greet as many of the people I had pissed off as possible. Public opinion eventually dictated that, while the rest of the party enjoyed dinner at the governor's house, I was dragged on to the radio to apologise”
http://www.guardian.co.uk/uk/shortcuts/2012/feb/12/offended-falkland-islands
Nice to see the Turnips try to jiggle joggle and wiggle waggle out of this one
May 17th, 2012 - 07:06 pm - Link - Report abuse 0its not british,
mmmm
Think, I did not comment on the original article as it looked odd - an Indian Oil Co already in Venezuela think of investing in FI area? It would have been open to Chavez allowing Twitterman to cause them lots of legal problems for a start given the Hugo-Cristina relationship.
May 17th, 2012 - 08:39 pm - Link - Report abuse 0It did not add up at all to me so not surprised at the result - I.ll even say you won this one! - because the Indins did not do their homework first and found themselves in a potential mess - and appear to have been in a few elsewhere in the world recently - so best all round decision was made.
Marcos - FOGL already have a major investor - have had for many months - thanks to him FOGL are drilling both exploratory wells! There are plenty of Oil Cos that are not already in some shady S American Countries!
Share prices - hell I am not an expert - and we know you are an idiot - even and idiot should be able to work out that in the current climate of euro fears, US economy fear, UK recovery thwarted by Euro problems(UK trades with then you know?) - stock markets are all over the place are going up and down according largely to whoever breaks wind first in the office and facing which way.
A few months ago
May 18th, 2012 - 01:33 am - Link - Report abuse 0“The Falklands is at a stage where a big company can take a large share in what could be a big oil province,” said Stephen Luxton, the Falkland Islands’ director of mineral resources. “There is an active program of marketing by the companies here. There are discussions going on, though we can’t name names.”
Stephen Luxton(aka BogMonster) can name names the problem is that he can't find one.
A few months ago
“Exxon-Mobil CEO Brad Corson who believes there is not enough oil in the Falklands continental platform to make it commercially viable”.
(50) Islander1
May 18th, 2012 - 02:52 am - Link - Report abuse 0“Think, I did not comment on the original article as it looked odd ”, you say.....
Wel............. This whole Exploration Campaign looks “odd”.....
From DES finding Big Oil twice and then retracting......
From Rockhopper finding Big Oil on the very same spot where Shell had previously found some Uncomercial Oil.....
And then using all their funds to drill four holes in practically the same “Magical” spot.....
And then, when the first “Competent Person Report” didn't live up to their hype, change the “Competent Person”..., if you know what I mean........
Odd, you say?
Odd indeed!
So if there are no vialbe natural resources? Why is KFC bleating, whinging and making stupid threats to take companies to court over the plundering of so called Argentine hydrocarbon resources? why all these wonderful friendly letters to oil companies and stock exchanges? Seems to me,that certain people in certain presidential palaces are concerned about the viability of The FI oil explorations. Even if certain people here, make light of and give the opinion that they are not. Oh, I wonder how those legal threats are progressing, we do not seem to have heard much from them lately.
May 18th, 2012 - 03:40 am - Link - Report abuse 033 Think----- if my comment sounded polite it was not my intention for it to be so, you must know me by know when I have been ever intentionally polite to you buggers. I never expected an answer from you or Muppet man I just wanted to give you another chance to embarrass yourselves and once again having given you that opportunity you both have risen to the challenge magnificently by not addressing the question.
May 18th, 2012 - 07:06 am - Link - Report abuse 0”47 Yes, Everyone is welcome to visit Falkland Islands...“Visiting these islands really dispels the myths ciculated by the Argentine Government”
May 18th, 2012 - 04:40 pm - Link - Report abuse 0Suuure :-)” - Marcos (48)
So you are saying that visiting the islands doesnt dispel the myths? Thanks for confirming that they are myths.
And the “Sea of Red” in the South Atlantic continued today..................
May 18th, 2012 - 07:49 pm - Link - Report abuse 0ARG GBX 16.00, Down -2.29%
DES GBX 22.25, Down -3.26%
RKH GBX 267.75, Down -2.64%
BOR GBX 66.50, Down -6.01% (WoooooW)
FOGL GBX 80.75, Down -0.62%
OVL's loss.
May 18th, 2012 - 09:59 pm - Link - Report abuse 0Think - get some facts corrected please. Shell said they brought oil to the surface- never said if it was or was not commercial - simply because they did not know from just one drill - you dont unless a freak lucky one - and the rig departure was fixed I recall, and oil crashed to about $10 a barrel and nobody thus had the cash to want to continue in a new frontier zone.
May 19th, 2012 - 04:53 pm - Link - Report abuse 0RKH drilled a number of holes close by their strike - to actually find out what was/was not there- I understand(beef please correct if I am wrong) that that is simply how it is done and even to me seems common sense!
DES - as we all know they were first to drill and huge media hype.
Islander1 - get some facts corrected please.....
May 19th, 2012 - 05:37 pm - Link - Report abuse 0You say:
“Oil crashed to about $10 a barrel and nobody thus had the cash to want to continue in a new frontier zone”
I say:
Well.............. That's what I (and Shell) would pretty much call....: “Uncomercial Oil”.
43 scarfo
May 19th, 2012 - 05:57 pm - Link - Report abuse 0”One (?) door closes another one opens?”
Watch carefully and stop dreaming my British friend.
Your Argie friend.
60 nyaria2000
May 19th, 2012 - 08:18 pm - Link - Report abuse 0From what I have seen of your posts, lacking in intelligent thought as they do, you are not even an Argie friend to the Argies.
Why do you continue with the deluded version of modern history that you spout? A cohesive answer would be appreciated.
Whatever results from the Falkland Islands energy fields, it will still be big money to FI, as unlike Argentina, the FIG actually understand how to manage money and run a country properly. If the FIG were in charge of Argentina, it would be a very successful country.
May 20th, 2012 - 12:22 am - Link - Report abuse 0Think- precisley- frontier field exploration became a mugs game at $10 a barrel. Nobody found commercial oil in the 1990s 6 well programme - oil prices crashed and they stopped looking! Remenber Des and RKH started will a 6 well programme in 2010 - there were finds - and oil prices were good and the investment came, so they drilled more to study and ascertain those finds - that is how it works! - ask Beef.
May 20th, 2012 - 01:07 am - Link - Report abuse 0Had it been in the North sea or somewhere similar easy to develop and close to markets - the Sealion field would indeed be heading straight into development. But as it is in a new frontier area and development costs are high due to world location(bugger all to do with politics) - there is a level of question still over economic viability. So we wait to see what investors say - and they may be waiting to see what transpires in the southern fields now drilling - or even not until another northern area drill in a year or two,s time.
Who knows - you dont for sure!
As for stock prices - ever heard of the euro troubles? - UK economy troubles- USA economy troubles - Japan- China etc etc - hell even Argentina,s!! Not surprising these companies jump about as most of the worlds main stock market prices are! Funny though that you seem to avoid commenting on the rises when they happen!
Unfortunately for us - and probably good news for you! - the world stockmarket state of today is not really conducive to anything much other than very safe well studied secure investment. So we may have to wait a bit before RKH get a partner.buyout.
Does not worry us here though as the Islands are picking up a big economic gain from the current exploration programme and OUR Govt cash reserves rising nicely, good cash to invest in tourism - so we can wait - no problems!
How long can your Govt wait until its cash reserves run out? - they seem to going in the opposite direction to ours.
61 ChrisR
May 20th, 2012 - 04:21 am - Link - Report abuse 0Why are you so temperamental? That is so unbecoming of a British gentleman! Can you appreciate this as a cohesive answer?
Now please illustrate me ... illuminate me (without being temperamental: Why would you say the Indians are not going ahead with its acquisition of hydrocarbon assets located in deep water in Malvinas Islands?
That's sad that the Indians have decided to pull-out of the South Atlantic oil exploration. Hopefully they will change their minds and become involved further down the line when things are really happening. Whatever, Falkland Islands waters are set to become very busy in the future and there is a feck of a lot of British continental shelf. As an ex-oil man myself, I would just love to be down there helping them out.. ;)
May 22nd, 2012 - 07:02 pm - Link - Report abuse 064 nyaria2000
May 22nd, 2012 - 09:51 pm - Link - Report abuse 0I have never said anything about the Indians, only your post lacking intelligence and clarity and not being an Argie friend to the Argies.
You next post was great until you stumbled at the first sentence of the second paragraph.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!