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Falklands: Premier looking for a partner to develop the 5bn Sea Lion project

Friday, July 11th 2014 - 22:28 UTC
Full article 13 comments

Premier Oil Plc newly appointed Chief Executive Officer Tony Durrant said that one of his priorities is to find a partner to share the 5bn dollar investment to develop the Sea Lion project off the Falkland Islands, because it does not want to become a 'pure Falkland Islands company in five years time'. Read full article


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  • paulcedron

    “Falklands: Premier looking for a partner to develop the 5bn Sea Lion project”

    you are funny, du rant
    try at the madhouse.

    Jul 12th, 2014 - 02:29 am - Link - Report abuse 0
  • Brit Bob

    @1. Argentina has been threatening to take British and Falkland oil companies to 'the international courts' since February 2010. So far n o t h i n g has happened. Will you hurry them along so we can all have a laugh...

    Jul 12th, 2014 - 04:37 am - Link - Report abuse 0
  • golfcronie

    Perhaps YPF is interested as it is Argentinas oil after all, wait a minute they have no money to exploite VACA MUERTA so I suppose that is a no go. Premier will be in a better position when they have finished the new wave of drilling in 2015. Watch this space.

    Jul 12th, 2014 - 06:57 am - Link - Report abuse 0
  • reality check

    Wonder if HMG have a couple of spare bil to invest?

    Man that would really get the trolls out in force!

    Jul 12th, 2014 - 07:59 am - Link - Report abuse 0
  • Conqueror

    @1. Isn't it wonderful? Money whichever way the Falklanders look. You must be so pleased for them. Just look at that lovely $29,300,000,000,000 worth of oil. Isn't that about $29 quadrillion? How's argieland's “reserves”? How's your arithmetic? Is that a million times more?

    Jul 12th, 2014 - 11:04 am - Link - Report abuse 0
  • ilsen

    Excitement stuff! I am sure they will have no problem finding partners, the numbers are good.

    Expect more squealing from the Dark Country as it slips back into the Dark Ages. ...

    Jul 12th, 2014 - 01:13 pm - Link - Report abuse 0
  • Pete Bog

    re:@2 Brit Bob
    “ Will you hurry them along so we can all have a laugh...”
    Yes Paul, we're getting bored of all these threats of legal action against oil companies and jack squit happening.

    The function of the Argentine government is to provide us with entertainment, so it needs to pull its finger out, and at least issue am arrest warrant.

    Jul 12th, 2014 - 02:00 pm - Link - Report abuse 0
  • ilsen

    I agree with Pete, not enough laughs coming out of La casa rosada at the mo...
    ... maybe something is troubling them?


    Jul 12th, 2014 - 03:39 pm - Link - Report abuse 0
  • Brit Bob

    @Pete Bog Lol

    Jul 12th, 2014 - 07:06 pm - Link - Report abuse 0
  • ilsen

    KFC will lose her slot at the Comedy Club at this rate!

    Go on, send out a few arrest warrants. Especially on any US investors, contractors etc. You are already so popular in NYC!

    Jul 12th, 2014 - 09:20 pm - Link - Report abuse 0
  • yankeeboy

    YPF was (is?) looking for U$35B/yr to develop VM. By my count they still have only had one big investor in Chevron U$1.7B over the next decade ( I think) and it looks like that is drying up.
    It must be very unprofitable to develop VM.
    Argentina is one of the very few countries in the world where they can't get OIL companies to invest. OIL COMPANIES!!
    They're used to dealing with every slimeball dictator/potentate in the world and they avoid CFK like the plague.
    Very telling.

    Jul 13th, 2014 - 02:11 pm - Link - Report abuse 0
  • lornefirth

    After that result,tell them you,ve struck oil and there will be mass suside,I dont think their little brains could handle it!!!!!!!

    Jul 13th, 2014 - 10:05 pm - Link - Report abuse 0
  • ilsen

    plenty more jokes now available at
    Equally a huge oil producing nation, Venezuela, is currently at 181 out of the the World Bank 'ease of doing busines with'
    go here

    Ideological bedfellows, Argentina & Vzla, I hope they self destruct sooner rather than later.

    Jul 17th, 2014 - 03:49 am - Link - Report abuse 0

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