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Mercosur agrees info exchange on hydrocarbons naval traffic to the Falklands

Saturday, June 30th 2012 - 05:05 UTC
Full article 134 comments

Mercosur agreed at the Mendoza summit to exchange information on ships and other “naval artefacts” involved in hydrocarbons activities with routes that include the Falklands/Malvinas Islands over which Argentina claims sovereignty. Read full article

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  • Think

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

    Jun 30th, 2012 - 05:14 am - Link - Report abuse 0
  • KFC de Pollo

    yawn

    Jun 30th, 2012 - 05:21 am - Link - Report abuse 0
  • arealist

    Another token gesture to keep the Argentine populace distracted. Meanwhile British flagged vessels will go in and out of Mercosaur ports. CFK has put herself in such a position, she can't back down. Meanwhile, it's business as usual and the Falkanders will continue to extract their own resources, and South America will continue to do business with them!

    Jun 30th, 2012 - 06:14 am - Link - Report abuse 0
  • War Monkey

    I can take note and 'reprt' all I want to about my neighbour's comings and goings, paper, milk and post deliveries, number of visitors received and what time they usually leave the house on weekday mornings. That's fine if it floats your boat and you have the time for such nonsense. But I have my own life to lead, my own house to run and my own family to take care of.

    Curtain twitch away nosy neighbours but if you try to impede you can expect a fine old slapping and the full force of international law.

    Jun 30th, 2012 - 06:23 am - Link - Report abuse 0
  • Beef

    So Mercosur are going to share information on ship movements which is data freely available to anyone with an internet connection. Meanwhile at least one FI flagged ship is in a Uruguay port, so much for solidarity.

    Think - if that is one of your nails then your standards are slipping. Perhaps you should weigh in those nails to the scrap dealer for some USD. I hear they are hard to come by down your way.

    Jun 30th, 2012 - 06:35 am - Link - Report abuse 0
  • Think

    (5) Beef

    You say....:
    “So Mercosur are going to share information on ship movements which is data freely available to anyone with an internet connection.”

    I say...:
    You mean “ internet freely available information on ship movements as, for example, the Leiv Eirikson?”

    Oooooooooooooooooooops.......

    Where did that “internet freely available information” go?

    Chuckle chuckle©

    Jun 30th, 2012 - 06:56 am - Link - Report abuse 0
  • Beef

    eeerrrrr right here Think!

    http://www.marinetraffic.com/ais/default.aspx?oldmmsi=308243000&zoom=10&olddate=lastknown

    as per transmitted ais co-ordinates.

    Fail to see you point.

    Jun 30th, 2012 - 07:12 am - Link - Report abuse 0
  • War Monkey

    Malvinistas still have a era shaky grasp of modern technology and the modern world in general.

    Jun 30th, 2012 - 07:16 am - Link - Report abuse 0
  • Beef

    Think clearly doesn't know how to find freely available information. He needs to be spoon fed by his glorious leader who commands a nation of perpetually satisfied citizens.

    Right, I am ordering my dollars for my holiday, as many as I want :-)

    Jun 30th, 2012 - 07:30 am - Link - Report abuse 0
  • Englander

    Who cares, feel free to chat among yourselves.
    We'll just get on with the business of drilling and shipping that luverley oil and gas.
    Watch out for those shares you sad Argy National Socialists - Rockhopper up 5% yesterday.

    Jun 30th, 2012 - 07:38 am - Link - Report abuse 0
  • Think

    (7) Beef

    Nice, old cached picture from “Marinetraffic.com”; BEFORE the erasure of the Leiv Eirikson rig from their data bank.............

    Try again, lad.................

    Jun 30th, 2012 - 07:43 am - Link - Report abuse 0
  • Joe Bloggs

    Neighbourhood Watch is a good concept but at some stage you have to call the police. I wonder what the Mercosur equivalent of 999/ 911 is?

    +86 110?

    Chuckle chuckle

    Jun 30th, 2012 - 08:16 am - Link - Report abuse 0
  • Frank

    ”2012-06-29T17:41:00 (UTC)”
    13 hours ago? Its not within range of a shoreside AIS logger... probably only uploads its position once every 24 hours.....its not as if its moving very far is it....

    Thicko .. ask your 'well hung Norwegian Naval Officer' boyfriend how this stuff works.

    Jun 30th, 2012 - 08:19 am - Link - Report abuse 0
  • Think

    (9) Beef

    Funnily enough……, not only the Leiv Eirikson Drilling Rig has “Vanished” from the ”Internet freely available information on ship movements” ……..
    http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=308243000 (Not Currently in Range)

    Its three supply & anchor-handling vessels, the Toisa Sonata, the Toisa Intrepid and the Ocean Prince are also “Out of Range” from the ”Internet freely available information on ship movements”
    http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=308243000 (Not Currently in Range)
    http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=308243000 (Not Currently in Range)
    http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=308243000 (Not Currently in Range)

    Seems that the Brits are getting nervous…..
    Information blackout?
    Brainwash anybody?

    You will have to get up earlier in the morning to keep pace with this “old geezer”, laddie…………

    Chuckle chuckle©

    Jun 30th, 2012 - 08:31 am - Link - Report abuse 0
  • Frank

    You really don't understand how this AIS stuff works do you Thicko?
    http://www.marinetraffic.com/ais/datasheet.aspx?datasource=ITINERARIES&MMSI=308621000

    Jun 30th, 2012 - 08:39 am - Link - Report abuse 0
  • Think

    TWIMC

    Four British Pirate Oil Prospection Ships ceasing their AIS reporting within minutes of Mercosur’s Agreement on Info Exchange about British Pirate Hydrocarbons Naval Traffic to Malvinas……............

    Somebody is getting nervous…..................
    And it ain’t us :-)

    Anyhow….. Argentina doesn’t need those unreliable internet tools…….
    We have our incorruptible Italian friends from Edison S.p.a. inside FOGL to provide us with all the Info we could wish.

    Chuckle chuckle©

    Jun 30th, 2012 - 09:09 am - Link - Report abuse 0
  • RedBaron

    Talking of AIS, it is rather funny to THINK that legitimate commercial vessels switch off their AIS when passing through piracy high risk areas (such as in the Gulf of Aden) to avoid detection by those who want to harm them.
    This raises the question “Who are the REAL pirates in the Falklands area- the commercial and oil support vessels sailing legitimately, or the pirates of Argentina who are trying to stop them?”.

    Also - “to adopt measures susceptible to be regulated to impede the access of ships or ‘naval artefacts’ flying the illegal flag of the Islands” - Under what definition of international law is the Falklands flag illegal? The Falklands flag is internationally accepted by most nations of the world as a legitimate registration and by IMO. The Argies seem to make up their little fantasy world as they go along.

    Jun 30th, 2012 - 09:12 am - Link - Report abuse 0
  • Beef

    Why should Think know about AIS and the regulations regarding marine vessels and the relaying of positioning information. He by his own admission is a poor, uneducated slave of Marxim.

    I do wonder why he is so interested in this oil exploration. Sounds like envy to me. Otherwise he would't give a shite.

    Nice try Think but i am happy knowing where the LE was 13 or so hrs ago, why not you?

    Jun 30th, 2012 - 09:15 am - Link - Report abuse 0
  • Think

    (18) Beef

    By my own admission, poor?...... Indeed!
    By my own admission, uneducated?....... Certainly!
    By my own admission, slave of Marxism?..... Why do you always lie, lad?

    Think knows nothing about AIS and the regulations regarding marine vessels and the relaying of positioning information.

    Maybe they are closed on Weekends.............

    Chuckle chuckle©

    Jun 30th, 2012 - 09:29 am - Link - Report abuse 0
  • Steve-32-uk

    @1 Think
    'Another nail on the British Pirate Oil Prospection coffin in the South Atlantic.......................' ?
    I must have missed something. Nothing has changed.
    Anyway THINK why are you so obsessed with the FI?

    @17 RedBaron
    'The Falklands flag is internationally accepted by most nations of the world as a legitimate registration and by IMO.'
    The FI flag is becoming very famous, sales of the flag are rocketing world wide, as people show there support for the islanders.

    Jun 30th, 2012 - 09:30 am - Link - Report abuse 0
  • PirateLove

    i guess mercosur members hve just ruled themselves out of The falklands oil and gas trade.

    ITS ALL GOOD!!!

    Jun 30th, 2012 - 09:53 am - Link - Report abuse 0
  • Self Determination

    I think pressure from the oil multi nationals will have a large bearing on Mercosurs stance in the near future.YPF and Petrobas are crying out for money.
    In the meantime the Jolly Roger will suffice.

    Jun 30th, 2012 - 10:10 am - Link - Report abuse 0
  • Frank

    'Thicko knows nothing about AIS and the regulations regarding marine vessels and the relaying of positioning information.'

    Correcto Thicko , you know nothing, there is no obligation for ships on the high seas to post their position via AIS for the world to see... see above re the Indian Ocean.... just try finding any navy ships or better still any FI fishery protection ships....

    are your dogs keeping you warm enough these cold nights?

    Jun 30th, 2012 - 10:12 am - Link - Report abuse 0
  • Tabutos

    spys are everywhere

    Jun 30th, 2012 - 10:27 am - Link - Report abuse 0
  • Beef

    Think - Toisa Sonata is showing on my screen with updates status of less than 2mins ago. Nearing Port Stanley after making it's way from our lovely rig.

    Strange that you cannot see it???

    Jun 30th, 2012 - 10:48 am - Link - Report abuse 0
  • Conqueror

    In the meantime, HMS (Top Secret) is maintaining its patrol at a depth of 90 metres off the mouth of the River Plate!

    Jun 30th, 2012 - 10:49 am - Link - Report abuse 0
  • British_Kirchnerist

    Negotiations would be much simpler

    Jun 30th, 2012 - 10:50 am - Link - Report abuse 0
  • Beef

    BK - Argentina walked out of negotiations on oil exploration and the FIG have said they are happy to discuss matters of mutual interest with you, but Argentina have yet to reply.

    However, negotiations with Argentina would be much more difficult than simply ignoring them and getting the job done. After all there is bugger all that Argentina can do.

    Jun 30th, 2012 - 10:59 am - Link - Report abuse 0
  • Britworker

    All this so called 'Malvinas support' will last as long as Kirchners political career. Once she is out of the picture, the whole issue will dissipate. The rest of Mercosur know how unbalanced and vindictive she is. It's far easier to agree with her, it keeps her off their back and they can get on with what they need to do.

    Jun 30th, 2012 - 11:19 am - Link - Report abuse 0
  • Think

    (25) Beef

    Have you been spotting ships on the Internet the whole morning?

    Do me (and yourself) a favor....
    Take your little boy outside and teach him how to kick penalties.
    It may come handy for you, English............................... Some day ;-)

    Jun 30th, 2012 - 11:30 am - Link - Report abuse 0
  • reality check

    Unlike your little boys who score with their hands!

    Jun 30th, 2012 - 11:56 am - Link - Report abuse 0
  • Charle

    So mercsour are going to share information that's already freely available. Well if they want to waste Mercsour money let them. It is a bit sad though that they are still attacking the right of the Falkland Islanders to live in Democracy and have their own industry. Don't get me wrong though I can understand their jealousy. Argentina has a huge debt problem ans falklands has no debts. So for Falklands the oil will go to giving Islanders little luxuries while if Argentina has any oil in it's terriotory it'll firstly go to paying off debts then it'll go to CFK's bank account and people in Argentina will get nothing.

    Jun 30th, 2012 - 12:02 pm - Link - Report abuse 0
  • Britworker

    @30
    According to the world bank we are the sixth largest economy in world, you are the 27th. Countries as small as Belgium and as sanctioned as Iran are more influential than you. We don't need to worry about penalties, worry about yourselves when your stupid president crosses the line and we are forced to utterly humiliate you again.

    Jun 30th, 2012 - 12:11 pm - Link - Report abuse 0
  • yankeeboy

    As Argentina quickly slides into yet another depression the increasing wealth of the Falklands will look enticing, as a savior to their flailing economy and society.
    The UK should be prepared for increased but toothless agression from Argentina but be ready to sink anything that comes into range and possibly retaliate on their mainland to discourage any other provocations.
    Think is highly excitable, haven't heard the nails going in for a long time, in fact in the last few months he has been pulling them out. The drill bit keeps turning and all is well in the English speaking South Atlantic. You certainly can't say the same for Argentina, let their economy die a painful death while people starve and freeze.

    Jun 30th, 2012 - 12:44 pm - Link - Report abuse 0
  • Islander1

    Think- for info she has just docked in Stanley this morning! Dont understand your problem? I also dont follow all the internet location reporting either But laddie - we all know where the Leif E is drilling - We all know where Stanley is - draw a line between the 2 and I suspect you will always find the vessels at one end or along that line somewhere! Not hard to work out for a mere “turnip” so susprised you cannot do it?
    As for the bit of paper support for your cause at Mercosur etc - han,t anybody told them yet that there is a regular freight sailing direct UK-Falklands and also periodic additional freight sailings on demand, and 5 direct flights from the UK every 2 weeks.
    Puzzled as to why the oil operators would need to even think of shipping stuff via S America? They are not quite that stupid!
    So the nails must echo a bit in your ears?

    Jun 30th, 2012 - 12:49 pm - Link - Report abuse 0
  • Conqueror

    @27 Okay, let's negotiate. I have 120 Tomahawk cruise missiles targeted on Buenos Aires and various air and naval bases. What's your offer?
    @29 Afraid not. Peron revived this illicit claim to justify his actions, supported by Hitler, when Britain “lost” WW2. Shame WE didn't co-operate! Nothing will change until Peronistas, in any guise, are exterminated. They are easy to recognise. Plenty of them get on here.
    @30 In the “good ol' days”, guess what we British used to use instead of footballs? Heads! That's right, we used to slice people's heads off and kick them around. In these days of “austerity” and now that “u.k. is finished!” heads seem to be a popular alternative to footballs. Particularly argie and other S. Am. heads as they have been exposed to the sun and are closer to leather. Tinpotman is a prime option as it is virtually hairless, as well as brainless. CFK is another option as the hair can be used to swing the “ball” around for the “throw-in”. Other argie heads, including yours, can be used as novelty “balls” as one never knows where they will go. Lucky you. Maradona's head will need special work to close the mouth. You may finally become “useful”! AARRGHHAHAHAHAHAHAHAHAHAH.
    A new slant on “heads up”!

    Poor argies. And I do mean “poor”. Probably without heat, light, fuel. Pop round to the Casa Rosada. Are the lights burning far into the night? While CFK desperately tries to steal more money and cover it up. Or are the lights out? Can't be bothered. Let's go home. Is CFK still on track for her billion dollar personal “fortune”?

    Jun 30th, 2012 - 01:39 pm - Link - Report abuse 0
  • Beef

    Actually Think, just got back from taking him swimming :-)

    Managed to get him to swim 25m four times with no arm bands. Not bad for 4 1/2 yr old?

    Jun 30th, 2012 - 01:40 pm - Link - Report abuse 0
  • Think

    (37) Beef
    Not bad at all...
    Keep up the good work...

    Jun 30th, 2012 - 01:50 pm - Link - Report abuse 0
  • Beef

    Cheers Think. Despite our differences of opinion and outlook on society i imagine we would enjoy a beer or two together.

    Jun 30th, 2012 - 02:00 pm - Link - Report abuse 0
  • Conor

    @38
    Mr Think can I ask, do you actually think that all these measures brought in by LatAm countries are going to solve anything? I mean with have got threats, blockades, import restrictions, unanimous discussions at high level South American meetings, accusations of militarisation, threats/strong rhetoric from Argentine leaders, banning of cruise ships, banning of Royal Navy vessels, banning of Falkland island vessels, banning of vessels with flags of other UK territory/Flags of convenience, companies that have become involved have been written letters of legal action, denouncing us in the UN etc, etc, etc, I mean the list goes on.

    And yet for some reason despite all these obstacles, the oil companies are down there, they are drilling for oil, they have investors lined up to assist and the FIG/UK government and the islanders themselves haven't flinched at the matter. Do you really think that this another measure in a long line of measures is going to change anything?

    I hope you realise that there is nothing your country and its people can do, you have tried every social, political and military option to “recover” the islands and all have failed and these measures that I previously mentioned will only be added to that list of failures. I mean don't you see? There is nothing you can do to get the islands. Give up.

    Jun 30th, 2012 - 02:13 pm - Link - Report abuse 0
  • slattzzz

    They will never know where Dauntless or any other Warship is unless we want them to, Warships send thier position via encrypted satellite to Northwood HQ, they are the ONLY ones who know where they are and where they are going, unless you happen to come across one at sea or they are alongside, it would be a bit stupid to do otherwise the somali pirates would just say no warship within 100 miles lets crack on, submarines you will never know until you see that trail of afterburner on the tomohawk with CFK's postcode on it, but obviously we know where the rgenweener warships are, alongside Fooked!!!!!!

    Jun 30th, 2012 - 02:36 pm - Link - Report abuse 0
  • Think

    (40) Conor
    You are pulling my leg...................................................... Aren't you?

    You write....:
    “And yet for some reason despite all these obstacles, the oil companies are down there, they are drilling for oil.......”

    I wonder....:
    What reason would that be..................?
    To protect the self-determination rights of ~3,000 British squatters.......?

    And, just to answer your last paragraph unequivocally .....
    B-b-baby, you just ain't seen N-n-nothin' yet......
    No, you ain't seen nothin' yet.....
    You ain't seen nothin' yet.....

    http://www.youtube.com/watch?v=7miRCLeFSJo

    Jun 30th, 2012 - 03:12 pm - Link - Report abuse 0
  • Simon68

    42 Think (#)

    Conor is right, you are wrong!!!!

    Jun 30th, 2012 - 03:21 pm - Link - Report abuse 0
  • slattzzz

    @42 thick we ain't seen nothing yet? Why what you going to do bore us to death, and your right “to protect the self determination of 3000 British people” once you realise that you are never going to get you sticky corrupt mits on the islands the better, otherwise put up or shut up, you are really getting boring now, and before you start your crap about Diego Garcia, Gib etc, sort yourselves out the world is Fucking laughing at you, have a sense of self respect FFS, and stop acting like spoilt brats.

    Jun 30th, 2012 - 03:36 pm - Link - Report abuse 0
  • Rosarino

    40- Connor-

    Tell one serious and big companie who is drilling whit you-
    One of the top ten who work in all around the world-

    Jun 30th, 2012 - 03:36 pm - Link - Report abuse 0
  • Englander

    Oh look the Argentinian filth want to know where our brave boys are drilling for black gold in the vast expanse of UK South Atlantic territory.

    Don't tell em its around the Falkland Islands, Pike!

    Are you Argies completely fucking stupid?

    Jun 30th, 2012 - 03:36 pm - Link - Report abuse 0
  • Simon68

    45 Rosarino (#)

    Do you like EDF?????

    Jun 30th, 2012 - 03:41 pm - Link - Report abuse 0
  • Steve-32-uk

    @THINK
    I saw these and thought of you, I would like to buy them for you. Send me your address and I will post them ;)

    http://www.amazon.co.uk/X2BOCF088-Falkland-Islands-Flag-Cufflinks/dp/B005NWT1IC/ref=sr_1_8?ie=UTF8&qid=1341071035&sr=8-8

    Jun 30th, 2012 - 03:48 pm - Link - Report abuse 0
  • slattzzz

    @45 keep up numbnuts.................EDF ring any bells, and I can assure you there are a few BIG BIG companys and COUNTRYS backing it that no one will ever know about

    Jun 30th, 2012 - 03:57 pm - Link - Report abuse 0
  • Monkeymagic

    Their going to be very busy soon. Oh look another 20000 barrels being transported to cape town, and the next day, oh look another 20000 barrels leaving for cape town, and the next day....another 20000 barrels.

    And so on for a century.

    Jun 30th, 2012 - 04:04 pm - Link - Report abuse 0
  • Conor

    @42
    Mr Think I believe I asked you a question and you failed to answer, so i'll ask again, What Is Argentine going to do that will change the status quo, as all other attempts have failed? If you fail to respond then I will presume you are incapable of answering because you don't know or you are afraid to admit the truth: Argentine is never going to get the islands.

    Jun 30th, 2012 - 04:15 pm - Link - Report abuse 0
  • slattzzz

    you forgot to mention monkeymagic FOOK ALL FOR RGENWEENER, oh well

    Jun 30th, 2012 - 04:16 pm - Link - Report abuse 0
  • reality check

    My favourite song.
    Oil, oil, glorious oil.
    Nothing quite like it for cooling the blood
    So follow me follow, down to the hollow
    And there let me wallow in glorious oil.

    Jun 30th, 2012 - 04:26 pm - Link - Report abuse 0
  • slattzzz

    I reckon we should open a military base in Paraguay with the USA, so we can keep an eye on these cheeky little surrender monkeys, Paraguay won't mind they've just been humped by the rest of SA. Can you imagine the uproar would be well funny

    Jun 30th, 2012 - 04:40 pm - Link - Report abuse 0
  • reality check

    @54slattzzz
    Just think of all those Spams, Toms and Jacks spending US$ and UK£ in the local economy, not to mention the local jobs it would create, seems like a sensible idea to me.

    Jun 30th, 2012 - 04:48 pm - Link - Report abuse 0
  • slattzzz

    and me a some typhoons and US F18's to watch the airspace they'd be surrounded be brilliant

    Jun 30th, 2012 - 04:51 pm - Link - Report abuse 0
  • reality check

    Might even lead to, I do not know? support facilities when all that lovely Falklands Oil starts to come ashore, of course their would have to be some sort of defence pact, US and UK forces garuanteeing their territorial sovereignty, equipping and mentoring their guys. Possibilities seem limitless.

    Jun 30th, 2012 - 04:59 pm - Link - Report abuse 0
  • slattzzz

    I'm going to phone them

    Jun 30th, 2012 - 05:08 pm - Link - Report abuse 0
  • cornishair

    Nice to see racism is alive and well in South america, anyone think these countries would be doing this if the islanders spoke spainish?

    Jun 30th, 2012 - 05:11 pm - Link - Report abuse 0
  • reality check

    Good idea, don't forget. it is not KFC you will be speaking to, so you do not have to reverse the charges!!

    Jun 30th, 2012 - 05:12 pm - Link - Report abuse 0
  • ChrisR

    No matter how hard I try to imagine the utter stupity of most of the Malvanistas they manage to take it to a new level.

    Mercosur are just beyond the pale. Imagine if we WERE posting a few Type 45's and a few subs off each of the capital cities of this bunch they would all be as quiet as church mice.

    Jun 30th, 2012 - 06:02 pm - Link - Report abuse 0
  • Monkeymagic

    @52

    You are correct, there is absolutely no need to transport the Falklands oil anywhere near the mainland South America. It will come straight of the FPSO's and onto tankers to the Market.

    The Sealion development is aiming for around 80000 barrels per day. That's just the first discovery. Each barrel will give the FIG around $30 revenue. $2.4million per day every day.

    Who knows if the big Southern plays become commercial.

    However, that aside..it is clear that Argentina has trouble with the supply to it's Patagonia pipeline for gas. It would suit both parties to work together for an optimal gas solution for the FIs. perhaps the FIG could sell it to Argentina at a slight discount?

    Probably not, more likely Argentina will cut of it's nose to spite it's face (looking a CFK, perhaps someone has done that already)

    Jun 30th, 2012 - 06:15 pm - Link - Report abuse 0
  • Rosarino

    Comment removed by the editor.

    Jun 30th, 2012 - 06:16 pm - Link - Report abuse 0
  • reality check

    Rosarino
    Not interested in translating your post and no wish to do so. Tell me where is she going next? I would think that she would get her priorities right and stay home and sort out the shit load of strife your country is in! After all, that is the function of most normal heads of state. Where next, running out of meetings and such to attend . Shit it is a suprise she even gets off the plane. What are her priorities, her people? or a minor territorial dispute with a nation thousands of miles away, she has no hope of winning. That what you elected her for???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

    Jun 30th, 2012 - 06:49 pm - Link - Report abuse 0
  • slattzzz

    well thats a nice rant rosarino, shame onone of it makes sense...the bit that I can get Do you want to become aggressor? well thats a bit rich coming from an rg.

    Jun 30th, 2012 - 06:54 pm - Link - Report abuse 0
  • reality check

    slattzzz
    Mate you know and I know that since 82, the UK forces have evolved into a veteran combat fighting force, it's training , is the best in the world and it's equipment is generations ahead. Some of our guys have as many as five, six or even seven combat tours and they now lead the guys!
    They can be as aggressive as they like, it is a no contest. We would never attack them and franky I do not think they would dare to attack us again.

    Jun 30th, 2012 - 07:43 pm - Link - Report abuse 0
  • slattzzz

    @66 I know mate all our troops are now combat hardened, they wouldn't dare put some conscripts against our guys it would be a slaughter, and for all the rhetoric no one wants that, anyway i've enjoyed my Armed forces day, a few beers and a bit of debate with our rg friends (except Think and Guzz he's an idiot)

    Jun 30th, 2012 - 08:09 pm - Link - Report abuse 0
  • reality check

    Yep,
    Me too, nice to see them giving the guys the respect they earned, long time overdue!!
    Guzz, me I love him, can argue with him for hours, Suprised there were no takers on the Paraguay base issue though. I thought Paraguay had a coast, shows you how much I know. Take care navy have a tot for me and I'll have one for you!!!
    Absent friends.

    Jun 30th, 2012 - 08:24 pm - Link - Report abuse 0
  • slattzzz

    cheers absent friends

    Jun 30th, 2012 - 08:37 pm - Link - Report abuse 0
  • briton

    Explain please

    regulated to impede the access of ships or ‘naval artefacts’ flying the illegal flag of the Islands”

    does this mean impeading the royal navy.

    Jun 30th, 2012 - 08:46 pm - Link - Report abuse 0
  • Steve-32-uk

    Just been browsing Wikipedia and read the following article ...
    http://es.wikipedia.org/wiki/Islas_Malvinas
    No wonder they are all brainwashed.
    Compare that to the English language version.
    http://es.wikipedia.org/wiki/Islas_Malvinas

    @59 cornishair
    Defiantly an element of racism going on here. It wouldn't be an issue, if the inhabitants of the FI were of Spanish descent.

    Jun 30th, 2012 - 08:51 pm - Link - Report abuse 0
  • reality check

    @70briton
    Yet another silly, silly., silly threat. I was not ware that any of the ships etc were hiding. If they want to impead the RN, I am sure the RN will fire off flares, turn on lights, sound horns hey here we are. The RN does not hide (well not all the RN, only the sneaky bastards that will send a torpedoe up their rear end.) Nothing but more pathetic rhetoric!!

    Jun 30th, 2012 - 08:54 pm - Link - Report abuse 0
  • slattzzz

    they won't be able to impede the royal navy if they are in international waters, any threats and watch the 4.5 inch gun whirl round, then watch the rg run like fook. They won't even know they are there, all radars off ship darkened, sneak up and then illuminate them with a big spotlight, “here we are, can we help you......NO oh well fuck off then”. Do you know a type 45 has the radar signature of a small fishing boat due to stealth technology, but weighs in at 8000 tonnes, just thought I'd throw that out there

    Jun 30th, 2012 - 09:08 pm - Link - Report abuse 0
  • briton

    thanks,
    so just more blank talking then.

    Jun 30th, 2012 - 09:08 pm - Link - Report abuse 0
  • ljordao

    Mercosur: a bunch of creepy and impotent stalkers, who are doomed to endlessly whine about the “unfairness” of there being an alert Rottweiler between them and the object of their sick dreams of rape and violation.

    Jun 30th, 2012 - 09:11 pm - Link - Report abuse 0
  • reality check

    You would think that amongst all these tossers, there would be one, just one, who could come up with something constructive.
    Oh, do we consider this has a veiled threat against the UK. Must be veiled, because not of them would have the bollocks to come out and say it to our face. Cowards the whole bunch of them!!!!!

    Jun 30th, 2012 - 09:35 pm - Link - Report abuse 0
  • briton

    Well to be fair, if you was a tough argie naval man, rowing a rowing boat with manual peddle,

    Would you paddle up to a type 45, and say, ????

    And that’s before he blows you into a jigsaw puzzle .lol.

    Jun 30th, 2012 - 09:51 pm - Link - Report abuse 0
  • David Cameron

    14 Think ==== I bet you dont know where my nuclear submarine is either do you?

    Jun 30th, 2012 - 10:03 pm - Link - Report abuse 0
  • Mrlayback

    'Argentina implemented measures that killed Mercosur'

    http://www.buenosairesherald.com/article/104968/argentina-implemented-measures-that-killed-mercosur

    interesting statement...

    Jun 30th, 2012 - 10:44 pm - Link - Report abuse 0
  • Frank

    Oh look...its back! http://www.marinetraffic.com/ais/shipdetails.aspx?MMSI=308243000
    @78.... this is now Thicko's normal form... pop up... utter some total bollocks and when shown to be a nong..yet again... vanishes.... like a fart in a fan factory.....

    Jun 30th, 2012 - 10:45 pm - Link - Report abuse 0
  • Xect

    I find all of these things hilarious, you've got Mercosur as ever wasting time creating meaningless resolutions that everyone forgets about/fall apart exactly 32 seconds after being created by the Argentine government as ever boring everyone with their lies and bullying behaviour.

    You've then got the likes of Think who claim 'Another nail in the coffin' whilst back on earth the Falklander's are the richest they've ever been and are about to get infinitely richer and then in the true spirit of Argentina he states a load of uneducated nonsense about the shipping countries being worried whilst back on earth they are clearly not given they are ramping activity up in the area.

    And the cycle goes around with Argentina falling into another economic melt down whilst Cretina distracts the attention of the simple i.e. Think.....

    In the words of el Think chuckle chuckle.....

    Jun 30th, 2012 - 11:06 pm - Link - Report abuse 0
  • puerto argentino

    81@
    I would start to worry a lot more with these policies of Mercosur, and do not forget you are all alone in Mercosur and the Mercosur no wasting time!! this is not for chucklle, chuckle!!
    shall be imposed more and more hard policies and you laugh (chuckle, chuckle)......... you are so stupit man. The brits will be able to continue this occupation and without complying with the 40 UN resolutions in Malvinas Islands, but this is not forever! understood!!! to continue chuckle, chuckle!!!

    Jun 30th, 2012 - 11:30 pm - Link - Report abuse 0
  • reality check

    @82
    Sorry do not speak chuckle, next time you go to the Malvinas, try bringing real soldiers!!!!!! Chuckle, chuckle, chuckle!!!!!!!!!!

    Jun 30th, 2012 - 11:51 pm - Link - Report abuse 0
  • Conor

    @82
    I think you will find that you are “stupit” as I said to Mr Think; I hope you realise that there is nothing your country and its people can do, you have tried every social, political and military option to “recover” the islands and all have failed and these measures that I previously mentioned will only be added to thay list of failures. I mean don't you see? There is nothing you can do to get the islands. Give up. What Is your answer then?

    Jun 30th, 2012 - 11:57 pm - Link - Report abuse 0
  • Lord Ton

    http://falklandsnews.wordpress.com/2012/06/30/british-overseas-territories-in-2012/

    :-)

    Jun 30th, 2012 - 11:59 pm - Link - Report abuse 0
  • kelperabout

    how frustrating it must be for CFK to have to put so much political pressure on so many latin american countries to support her eligal claim to my home. Must be even more frustrating to know that just 3,000 democratic people are standing in her way who hold the trump cards to the Falkland Islands dispute. As for need to know about shipping routes and the fact Mercosur have to side with the devil it will have no impact on our methods to operate at all because we mostly deal direct with Britain who happens to believe in what we stand for and is prepared to protect our democratic rights under the United nations charter so KFC get used to it we islanders are going to be doing what we have always been doing long after you have been and gone.

    We are not afraid of bullies or their threats because we know that Argentina has always blown a lot of hot air. It is probaly the reason the climate has changed so much withg all that extra hot air about.

    So while our people continue to do what we always do you can keep blowing your trumpet plastic face.

    Jul 01st, 2012 - 12:06 am - Link - Report abuse 0
  • reality check

    @84Connor
    Come, come, There really is nothing wrong with children that believe in fairy tales. Whoops, they are not children! So why do they keep behaving like it?

    Jul 01st, 2012 - 12:08 am - Link - Report abuse 0
  • Lord Ton

    http://falklandsnews.wordpress.com/2012/07/01/is-argentina-sincere-unlikely/

    Jul 01st, 2012 - 05:27 am - Link - Report abuse 0
  • Steveu

    @79 Good link

    Interesting comment about Venezuela's imminent membership being somewhat “fast tracked”

    Jul 01st, 2012 - 05:42 am - Link - Report abuse 0
  • Doveoverdover

    @81 I support your sentiment entirely but, for the less fortunate FIs, things are not as good now as they were in my time (if Ms Brock is accurate in her reporting). See http://www.falklandnews.com/public/story.cfm?get=6291&source=3

    Jul 01st, 2012 - 07:50 am - Link - Report abuse 0
  • LEPRecon

    @82

    40 UN resolutions? Oh you mean General Assembly resolutions (which are not legally binding), the ones that suggest that the UK and Argentina talk about sovereignty, taking into account the wishes of the Falkland Islanders? Those 40 resolutions that were INVADLIDATED on 2 April 1982, when Argentina illegally invaded the Falklands, and ignored 2 UN Security Council Resolutions (which are legally binding) 501 and 502.

    Since Argentina broke the UN resolutions, the UK is under no obligation to abide by them anymore.

    Congratulations, you got a few countries to make so light hooting noises to sooth the ever increasingly unstable CFK. Nothing will come of it, just as nothing came of you crying to the UN, and to the OAS, and defiling a War Memorial.

    As for the Falkland Islanders being alone, I think you'll find that they've got the 54 nations of the Commonwealth on their side, the EU, International Law on their side, and if Argentina should ever be stupid enough to attempt military action again, then the Falkland Islanders would have NATO on their side (Article 5).

    Next year when the Falklanders have their referendum, they will then lobby the UN to remove them from the decolonisation list, and get the UNGA to issue a new resolution that the Falkland Islanders sovereignty dispute is over, as the democratic process has worked.

    And since Argentina 'always' obeys UN resolutions, then we can expect you all to STFU about the Falklands forever, can't we?

    Jul 01st, 2012 - 08:07 am - Link - Report abuse 0
  • shb

    @think - Drilling platforms don't tend to move very quickly, do they? I mean - the name DRILLING really gives it away, does'nt it.

    If you are so concerned that the Leiv Erickson is running about like a rogue elephant, trying to escape from the mighty forces of Argentina and it's cronies - why don't you get on a boat or plane and go and take a look for yourself. I would suggest the last reported point as a good place to start.......................

    Even if they did stop reporting their position - thats fine be me - it makes it a bit harder for you lot to do something stupid. Anything that makes Argentinas life harder gets my support.

    Jul 01st, 2012 - 08:49 am - Link - Report abuse 0
  • reality check

    Very speedy these oil rig. 0 too 20knots in a day and a half.

    Jul 01st, 2012 - 10:33 am - Link - Report abuse 0
  • LEPRecon

    @93 - RC

    That's still faster than the Argentine Navy. ;0)

    Jul 01st, 2012 - 11:13 am - Link - Report abuse 0
  • Gordo1

    It is so sad to see that all the indoctrination and brain washing that the propaganda experts in Argentina have been feeding to the population since the days of Perón has led us to where we are today. The “malvinistas” must be totally confused that their campaign is getting them absolutely nowhere.

    Jul 01st, 2012 - 11:55 am - Link - Report abuse 0
  • Brit Bob

    @91

    Talking about going to the UN - when Mossad agents took the mass murderer Adolf Eichmann back to Isreal for trial, the Argentinian government protested to the UN and asked Eichmann to be returned.

    Jul 01st, 2012 - 02:24 pm - Link - Report abuse 0
  • Pirat-Hunter

    This is good news because we all have to know how many ship can be allowed to fish and drill for oil at any given time, specially now that Russia and China could get fishing and drilling permits from Argentina.

    Jul 01st, 2012 - 03:47 pm - Link - Report abuse 0
  • Simon68

    On good authority I have heard that Kretina is inaugurating the Subsecretariat of Hidrocarbon Intelligence Team. The SHIT, as it is known will be run by Máximo Kirchner and the La Campora organization, it is to have an initial budget of US$2.5 billion which will be provided by the BCRA.

    SHIT's remit is to put together all information on shipping movements to and from the Falkland Islands, as well as intelligence on companies involved in hidrocarbon exploration and/or extraction.

    According to Mr. Kirchner, the staff of SHIT will be between 1.200 and 2.000, he thought that the latter figure would be nearer to the truth because of the large kitchen staff to be employed.

    During the first few months, SHIT employees will be paid with government bonds, so as not to complicate Kretina's brilliant economic policies.

    Mr. Kirchner also spoke of the need for state of the art technology to be able to bring SHIT on-line.

    Jul 01st, 2012 - 03:49 pm - Link - Report abuse 0
  • Pirat-Hunter

    Argentina should ignore the british illegal aliens and move forward with oil drilling and fishing permits as the brits do and let the UN deal with the brits as they done for decades. And if they take Malvinas we should move many fishing factories and laborers permanently to Antartica. I would be willing to go work there.

    Jul 01st, 2012 - 04:33 pm - Link - Report abuse 0
  • cornishair

    hurrah pirat-hunter is talking crap again!. oh you do know we claimed antarctica about 4o years before you did :p when did argentina start claiming other peoples lands?

    Jul 01st, 2012 - 05:09 pm - Link - Report abuse 0
  • Conor

    @99
    I'm afraid that you leaders would not have the guts to do that Mr Hunter and as I asked Mr Think; I hope you realise that there is nothing your country and its people can do, you have tried every social, political and military option to “recover” the islands and all have failed and these measures that are mentioned in the article will only be added to that list of failures. I mean don't you see? There is nothing you can do to get the islands. Give up.

    Jul 01st, 2012 - 05:09 pm - Link - Report abuse 0
  • yankeeboy

    99. I think this Pirat must be some made up character that not really well thought out since he doesn't realize that Canada is part of the Commonwealth and if push comes to shove would back UK in the event of war with Argentina.
    I find it the height of hypocrisy that some filthy esl illegal commie living off the teat of the “Anglos” would bad mouth them. Ever hear don't bite the hand that feeds you?
    Yo. are completely Sickening!

    Jul 01st, 2012 - 05:20 pm - Link - Report abuse 0
  • M_of_FI

    What a peaceful country Argentina is. It is funny how they claim to be one thing, but act completely and hypocritically different.

    Think (1) I notice you have changed your usual nail and coffin statement from the end of British sovereignty to “oil prospection”. It is good that you are lowering your expectations. It is the most sensible thing you have ever done.

    Jul 01st, 2012 - 06:40 pm - Link - Report abuse 0
  • LEPRecon

    @99 -PH

    I'll pay to send you to antarcticia, a one way ticket. I give you 15 minutes before you freeze to death, it regularly gets to -50 degrees in the winter (before windchill). Even most of the scientists bug out in the winter.

    As for the UN, why would they remove the legal inhabitants from their own country? Legal as in it's their property, and next year the Falkland Islanders will vote in a referendum under UN auspices, and then will lobby to get the Falklands removed from the decolonisation list. Democracy at work, and CFK can't do what she did in Argentina and pay people to vote for her, so the Falklands will get removed from the list and Argentina will be told to shut up as the people will have spoken and sovereignty will be settled.

    You are a small minded individual who has no idea about how the real world works. The UN would never hand over a democratic people to a dictator like CFK.

    Again with the humiliation Pirat-hunter, BEGGING people to help you.

    The arrogant Argentine government crawling and it's knees and begging, ”please, please help us against the nasty Brits. It's not fair, they can fight better than we can (throws dummy out of the pram), and they won't remove the smallest military presence in the Southern Hemisphere so we can invade. It's just not fair...WAH...WAH...WAH!”

    In one word it's PATHETIC!

    Jul 01st, 2012 - 07:20 pm - Link - Report abuse 0
  • Marcos Alejandro

    78 David Cameron (#)
    “ I bet you dont know where my nuclear submarine is either do you?”

    Mr Camoron
    That's easy...found it!

    http://www.youtube.com/watch?v=B6Regw-AhXI

    Jul 01st, 2012 - 09:37 pm - Link - Report abuse 0
  • Islander1

    Pirate Hunter- Why woulkd Russia and China want to take licenses from Argentina to fish in Falklands waters where they will get thus into trouble with Falklands Fishery Patrols? - They ALREADY do pay for and receive licences to fish in Falklands waters from the Falkland Islands Govt Fisheries Dept - plonker.

    Jul 01st, 2012 - 09:52 pm - Link - Report abuse 0
  • Conor

    @105
    There you go again Mr Marcos, grabbing a link and trying to make an argument, grow up and act your age unless you are about two, what this alleged “David Cameron” fellow said and your link have nothing to do with the article at hand, wise up.

    Jul 02nd, 2012 - 12:00 am - Link - Report abuse 0
  • Marcos Alejandro

    Ohh sorry, this one is more related...

    http://www.youtube.com/watch?v=rHW8pCb_WZU

    Jul 02nd, 2012 - 02:15 am - Link - Report abuse 0
  • Conor

    @108
    Are you deliberately not understanding? That video was incoherent BS that was mostly speculation, my point was that you sir lack the ability to back up what you say even when you do bother to stay and have a debate, I think all that indoctrinated Malvinas junk from your school days has been drummed in hasn't it Mr Marcos?

    Jul 02nd, 2012 - 03:39 am - Link - Report abuse 0
  • shb

    @Marcos Alejandro

    YYYYYAAAAWWWWNNNNN.....BBOOORRRRIIINNGGGG.......

    Yet more recycled out off date news- HMS Astute - about the third or fourth time you've mentioned that isn't it, the cuttiung edge of late news from 2010. What is the problem? Do you have OCD about the submarine? Or is it more like autism?

    Jul 02nd, 2012 - 06:05 am - Link - Report abuse 0
  • cLOHO

    105 - MJ....Think I found your sub Mrs Kircher!

    http://en.wikipedia.org/wiki/ARA_Santa_Fe_(S-21)

    Humiliated RG submarine force, sunk by the Royal Navy jajajajajajajjaja

    Jul 02nd, 2012 - 06:54 am - Link - Report abuse 0
  • Pete Bog

    “to adopt measures susceptible to be regulated to impede the access of ships or ‘naval artefacts’
    Another example of 'give peace a chance' as understood from the RG's.
    Doubt they will actually want to interfere with the 'naval artifacts'
    I think as extra protection we should send HMS Victory down to the South Atlantic.

    Oh yes, anyone heard of any progress in the legal action the RG's are taking against the oil companies who are going to make the FIs richer?

    Jul 02nd, 2012 - 08:02 am - Link - Report abuse 0
  • Englander

    Rockhopper shares up again.
    Have they started shipping the oil out already?

    Jul 02nd, 2012 - 09:16 am - Link - Report abuse 0
  • War Monkey

    @113 Englander (#)
    Jul 02nd, 2012 - 09:16 am

    What? Like secretely and clandestinely?

    Jul 02nd, 2012 - 09:56 am - Link - Report abuse 0
  • Gordo1

    After the Brasilian comments, the expulsion of Paraguay and the complaints from others about Argentinian trade restrictions, how much longer will Mercosur exist anyway?

    Jul 02nd, 2012 - 02:20 pm - Link - Report abuse 0
  • Rosarino

    Since 1995- Tratado de Asuncion-

    73: In an exercise whit the Alvaro Bazan of Spain (AEGIS...you know it?) one SUE “sink” the frigate with an EXOCET-
    WHY? new techniques for sink new ships..... we work too...!
    Islander 1: why? because we sell to them A LOT of the soya they need for survive- Because is more profitable to make an agreement whit Mercosur (350 million people) to pay licences for 2000 british citizens who stay in a conflict zone-
    And all compnies (fisheries and oil companies too) who stay there will be banned for work in mainland...

    What did you - if you stay in their pants?

    SAFETY-

    Jul 02nd, 2012 - 03:15 pm - Link - Report abuse 0
  • cLOHO

    116... Don't quite understand the post as written thru google translate, but thanks to the Falklands war our ships now have close defence against sea skimming missiles...phalanx..plus super new T45 can destroy any missile threat. rgs will be able to do nothing to stop oil extraction..do you think the oil companies might of thought of alternatives and factored in that the rgs will cry. Oil companies have huge experience in much more hostile regions, iran and Iraq and Africa. Some lazy rgs moaning won't stop the black gold flowing jajajaja bet you wish you didn't walk out of , and tear up the agreements you had with uk to develop the oil fields. . ..shot yourself in the foot

    Jul 02nd, 2012 - 04:43 pm - Link - Report abuse 0
  • Gordo1

    @116 Rosarino It is really difficult for English speakers to understand what you are trying to tell us - please ask a grown up to post on your behalf. Or perhaps your ten year old big brother could help you.

    Jul 02nd, 2012 - 05:27 pm - Link - Report abuse 0
  • Englander

    118
    I don't think its anything important otherwise he would have said so.

    The main issue is getting all that luverley oil and shipping it out to the rest of the oil thirsty world. The Argies need to get going on their side of the Shelf otherwise we'll be sucking up all their reserves by mistake. Stuff all looks the same so it would be difficult to tell if it was Brave Democratic British Oil or Cowardly Facist Spic Oil.

    Jul 02nd, 2012 - 06:03 pm - Link - Report abuse 0
  • Pete Bog

    @116
    But China sells a massive amount of goods to the UK-note that GIVES them money. China gives money TO Argentina. Are China really going to risk their massive income from the UK for...........a few fish?
    Exocets were fired against UK forces in 1982-that is THIRTY years ago. We now have T45 destroyers. You really, really do not want to mess with those. Ohh and this time, if Exocets are fired at us, your ships and airbases will not escape retaliation next time round, or any Mercosur navy stupid enough to attack the brits.

    Jul 02nd, 2012 - 09:56 pm - Link - Report abuse 0
  • Dave204

    d, just to answer your last paragraph unequivocally .....
    B-b-baby, you just ain't seen N-n-nothin' yet......
    nice job Think quoting BTO, a great band from my home town! Keep up the good work

    Jul 02nd, 2012 - 10:16 pm - Link - Report abuse 0
  • Lord Ton

    http://falklandsnews.wordpress.com/2012/07/02/hurdles-for-argentina-at-the-olympics/

    :-)

    Jul 02nd, 2012 - 11:11 pm - Link - Report abuse 0
  • Think

    (121) Dave204

    Great?
    You mean Superb!

    Jul 03rd, 2012 - 04:31 am - Link - Report abuse 0
  • Englander

    Rockhopper up another 4% today.
    The good news just keeps on coming.

    Jul 03rd, 2012 - 02:55 pm - Link - Report abuse 0
  • Falklands are British

    Falklands players on the cusp of something huge

    Stand by for action! The Falkland Islands could be making headlines again very shortly. And this time, it won’t be Cameron and Kirchner who are dominating the headlines.

    On 11 May BORDERS & SOUTHERN (BOR), one of the intrepid band of Falkland oil explorers, announced that it had spudded its Stebbing well. “The well duration”, said Borders, “is estimated to be 49 days”. 49 days from 11 May takes us to 29 June – so any day now we should be getting the result of this well. And the whole Falklands story should take another step forward.

    If you have been a Penny Sleuth subscriber for a while, you will know that I keep a watchful eye over the Falklands and take note of every rumble and roar. Just this year some of the Falkland's oil explorers have seen share prices take a significant jump.

    The most notable success so far has been Rockhopper’s Sea Lion discovery of 1.3bn barrels – however, later on I shall tell you about a discovery which could prove to be up to three times this find!

    While President Cristina Kirchner and David Cameron were squaring up at the recent G20 meeting and Argentinian officials brandishing our prime minister a ‘colonialist’ for dismissing Kirchner's call for talks on the sovereignty of the islands, the oil industry is carrying on pretty much regardless.
    Tensions fraught between Cameron and Kirchner

    Let me deal with the political situation first. In respect of her demands over the Falklands Kirchner has shot herself squarely in the foot by the sudden decision to nationalise the Argentinian interests of the Spanish oil company Repsol.

    Kirchner accused Repsol of a failure to invest in the country’s oil industry, but this seemed little more than a trumped up excuse for an act of piracy that made Kirchner no friends outside of her own country and her limited cabal of South American sympathisers. In her attempts to enlist international support for her claims to the Falklands this act of high

    Jul 03rd, 2012 - 03:40 pm - Link - Report abuse 0
  • Simon68

    Go on

    Jul 03rd, 2012 - 03:50 pm - Link - Report abuse 0
  • Falklands are British

    Thank you (you've let me in
    can only backfire.

    Cameron, meanwhile, is sticking to his line that the Falkland Islanders should be allowed to make up their own mind about their political future. There will be a referendum next year on the issue and the chances of the islanders committing their future to the Argentinian flag are very remote indeed.

    Rich opportunity for the leading Falkland players

    The Repsol affair has upset Spain, and now Argentina has French and Italian interests to contend with. This follows last week’s news that Edison Spa, an Italian utility owned by France’s EDF has farmed into the licences of FALKLAND OIL & GAS (FOGL). Edison will receive a 25% interest in Falkland Oil’s northern licences and a 12.5% interest in the southern licences off the archipelago in return for paying drilling costs of $50m and a separate cash payment of $40m.

    This gives FOGL some useful financial ammunition to further its exploration programme and it expects to spud its first well on the giant Loligo prospect in July. With mean prospective resources of 4.7bn barrels of oil, this is one of the biggest prospects drilled anywhere in recent years, and a successful find would turn the Falklands into a major oil province overnight. To put it in context this is more than three times the size of ROCKHOPPER’s (RKH) Sea Lion find in the north Falklands Basin, which has a best estimate of 1.3 billion barrels of oil in place.

    Rockhopper, though, does have the advantage of a confirmed find, the only one to date in the region. According to an independent assessment by Gaffney Cline & Associates, development of the Sea Lion field has a 90% chance of going ahead. On this basis, and after applying a 10% discount rate, it has been valued at £2.2bn, which is a long way north of Rockhopper’s current £733m stock market valuation.

    This gap reflects lingering doubts that the oil will ever be lifted, and what Rockhopper needs is a partner to put up much of the considerable amount of mo

    Jul 03rd, 2012 - 04:13 pm - Link - Report abuse 0
  • Simon68

    Go on

    Jul 03rd, 2012 - 04:20 pm - Link - Report abuse 0
  • Falklands are British

    Thanks again

    money needed to develop the field. Rockhopper has opened a data room to prospective partners and Chairman Dr Pierre Jungels comments that ‘whilst the location of our acreage has prevented some companies from being able to participate, I have been very pleased by the quality of those that are doing so.’ Participation in the Rockhopper venture by a reputable oil partner would endorse the region

    The Falkland Islands oil business could dominate the news

    Another business that is clearly betting on a favourable outcome is FALKLAND ISLAND HOLDINGS (FKL). It has raised £8m, most of which will be spent on the Falklands where the company owns a number of sites on the outskirts of Stanley which are suitable for the development of a warehouse park for rental to oilfield services companies.

    Anticipating an influx of oil men, it is also planning to invest in housing, offices, retail operations and its Land Rover dealership, and it has signed a joint venture with Southampton-based Trant Construction Limited.

    So despite the sound and fury of the political debate, the oil business of the Falkland Islands is proceeding apace. In the next few weeks it could take a major leap forward. Results from Border & Southern’s Stebbing well and FOGL’s Loligo, along with news of a partner for Rockhopper and the Falklands will be in the news for other reasons that have nothing to do with the anniversary of the war.

    This tiny explorer could be sitting on 4bn barrels of untapped oil

    If you haven’t managed to watch this presentation yet – I highly recommend you take some time out to watch it. This could be one of the biggest oil finds of the century, and more importantly… not many people are aware of it.

    Until next time,
    The Penny Sleuth

    Thanks Simon.

    Jul 03rd, 2012 - 04:25 pm - Link - Report abuse 0
  • Simon68

    129 Falklands are British (#)

    Thank you sir, very enlightening!!!!

    Jul 03rd, 2012 - 04:32 pm - Link - Report abuse 0
  • Falklands are British

    Just an update. I think the potential of this future business, by some, has been underestimated. I also think the population of The Falklands is going to soon explode. It is clear that there is still an opportunity to make some money for those who are inclined. Don't tell KFC though.

    Jul 03rd, 2012 - 04:39 pm - Link - Report abuse 0
  • Islander1

    116- Why would China and Russian fisheries want to invest in onshore facilities for fishing off Argentina? Your fisheries is declining as a result of overfishing - largely from deliberate attempts to overfish and thus affect results on our side.
    This has had some negative affect for us - but a very very serious one for you!
    I think you will find that all those nations who apply for and obtain licences from the Islands Govt to fish in the Islands zones are happy with the arrangement!
    Spanish companies operate here and your side- all thjey have done is put a legal company seperation inbetween so you cannot screw the part that operates over here - they have been doing it for years!

    Jul 03rd, 2012 - 08:49 pm - Link - Report abuse 0
  • LEPRecon

    @132 - Islander

    It obvious isn't it?

    Everybody loves Argentina as it is so trustworthy and honest, and KFC is the second coming, and...er...and...er..er...er...er

    Nope I got nothing.

    Jul 04th, 2012 - 04:18 pm - Link - Report abuse 0
  • Dave204

    @123
    from opposite ends of the earth, we agree on something. There's hope for humanity yet:)

    Jul 06th, 2012 - 01:06 am - Link - Report abuse 0

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