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Falklands oil drilling campaign takes off with spudding on the Zebedee prospect

Friday, March 6th 2015 - 22:08 UTC
Full article 38 comments

Premier Oil spudded its first 2015 Falklands drilling campaign well, 14/15-5, using the Eirik Raude semisubmersible drilling rig on the Zebedee prospect on 6 March. The well, on license PL004b, will test a total of seven stacked fan bodies with varying geological chances of success (GCoS) of 9-52%. Read full article

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  • Jo Bloggs

    Meanwhile at Malvinista HQ the deadbeats were discussing their planned response:

    Marcos: “I suggest we post links to 10 year old online news site stories about the decline in Falklands penguins”
    Think: “I suggest we say there is no commercial oil in them islands”
    Axel: “I suggest we say they are thieves for taking our oil”
    Paulie: “I suggest we do what we always do and just barge in with no plan at all and abuse the shit out of everybody”

    This will be a very interesting year here in the islets.

    Chuckle chuckle

    Mar 06th, 2015 - 10:25 pm - Link - Report abuse 0
  • Skip

    You forgot them quoting random stock price movements.

    Mar 06th, 2015 - 10:48 pm - Link - Report abuse 0
  • Jo Bloggs

    Oh yeah: “Rockflopper down 4.5 cents!”

    Mar 06th, 2015 - 11:05 pm - Link - Report abuse 0
  • reality check

    Leave it alone, or you'll go home, wagging your tail behind you.

    Mar 07th, 2015 - 12:14 am - Link - Report abuse 0
  • ilsen

    @1
    Joe, you forgot the biggest queen-troll of them all.

    Kristina!

    ”Obviously this is (insert here, of your choice), a CIA/MOSSAD/Vulture Fund/ISIS/opposition party, PLOT to 'destabilise the govt..... 'an attack on our democracy' , becoz colonialist bastard British pirates who started the 1982 War by forcing us to accept a Junta that attacked them, thus causing us to be eternal victims, which is why we won't pay our debts, and everybody hates us anyway, so you can't play with my Barbie doll anymore, so Nnnneeerrrrrrr!”

    That's what I am hearing. Is the white-noise the same where you are?

    Mar 07th, 2015 - 02:52 am - Link - Report abuse 0
  • Brit Bob

    And in February 2010 the Argentine Foreign Minister threatened to take 'legal action in the international courts' against UK oil companies drilling in Falkland waters. Funny that Argentina is eager to use the ICJ over the Pulp Mills and the American default holdouts but not the great Malvinas lie. Chuckle chuckle.

    Mar 07th, 2015 - 03:53 am - Link - Report abuse 0
  • ilsen

    @6 BB
    “ Argentine Foreign Minister threatened to take 'legal action in the international courts' against UK oil companies drilling in Falkland waters”

    Well, I'm still waiting to see any International Arrest Warrants brought against said companies... (2010).

    2015, now. Any news from where you are?

    hmm... I can't find anything....
    ;-)

    Mar 07th, 2015 - 04:09 am - Link - Report abuse 0
  • Marcos Alejandro

    Any oil yet?

    Mar 07th, 2015 - 05:00 am - Link - Report abuse 0
  • Skip

    Bet there's oil before an arrest is made!

    Mar 07th, 2015 - 06:40 am - Link - Report abuse 0
  • golfcronie

    @8
    Oil? Oil? How do you think that the FALKLANDS drifted away from Argentina, it is floating on oil, I would say suck it up but the FALKLANDERS are going to do that in 2019. Looking forward to that. We will watch the share price movement in the few months that drilling is taking place. Are you not jealous that the FALKLANDERS are going to be extremely rich soon? Just think if your government had not torn up the agreements you too could be part of this bonanza.TOODLEPIP OLD SPORT.

    Mar 07th, 2015 - 08:15 am - Link - Report abuse 0
  • CaptainSilver

    #1 LOL! I can just imagine their sad faces!

    Mar 07th, 2015 - 08:25 am - Link - Report abuse 0
  • Jo Bloggs

    Personally I won't be bothered either way: oil or no oil. We're not counting on it and we're not letting the government's operational budget increase on the back of the huge win falls we're currently experiencing from all of the exploration activity. Same with the private sector; the majority of the businesses providing logistical support are run by experienced old hands that know the reality.

    I Just love hearing the Malvinista deadbeats who, let's face it, are desperate that oil in commercial quantities doesn't start flowing.

    So no oil yet Marcos but keep on hoping for us, won't you.

    Mar 07th, 2015 - 09:02 am - Link - Report abuse 0
  • Englander

    I just love these oil exploration campaigns. Brings out the best in our Argentine friends, sour grapes and all that are hugely entertaining. Can't wait for Mrs Think to appear to lend her support.

    Mar 07th, 2015 - 09:19 am - Link - Report abuse 0
  • LEPRecon

    The most amusing thing of all is that the Falkland Islanders don't actually need the revenue from the oil. They can survive quiet easily without it.

    On the other hand the Argentine government is DESPERATE for oil, but is too corrupt, stupid and broke to be able to get any out of Argentina, so they look with envious eyes to the Falkland Islands.

    By the time these wells become viable, the oil prices will have begun to rise again, and the revenue the Falkland Islands will get will make them very, very, very rich indeed.

    But unlike in Argentina, the revenue from this oil bonanza, will be spent on improving the lives of ALL the people of the Falkland Islands, and may be the starting point for them to move forwards to complete independence.

    Maybe the next Argentine government will be more capable and less corrupt than the current one, but given their track record it's doubtful.

    So the jealous bile will continue from Argentina as the hugely successful Falkland Islands and its people enjoy success, prosperity and the prospect of a very, very bright future.

    Mar 07th, 2015 - 10:57 am - Link - Report abuse 0
  • Think

    Question to our resident Anglo Oil Investment Expert, Mr. Beef...:

    RNS says...:
    “No drill stem testing is planned during the campaign.”
    Any idea why???
    http://m.londonstockexchange.com/exchange/mobile/news/detail/12272487.html

    Ps................., Mercopress gets it wrong......................, again
    They say...:
    “Premier Oil, which had been looking to develop Sea Lion with an FPSO, is currently progressing a lower cost phased development plan, involving a Tension Leg Platform...”

    They should have said...:
    Premier Oil, which had been looking to develop Sea Lion with an Tension Leg Platform, is currently progressing a lower cost phased development plan, involving a FPSO...

    Mar 07th, 2015 - 11:07 am - Link - Report abuse 0
  • golfcronie

    Spot on think, so you realise at last there is oil in the Islets then?

    Mar 07th, 2015 - 12:29 pm - Link - Report abuse 0
  • Think

    By the way...

    Falklands Oil & Gaaas Ltd. down 6.30% on well spud day...
    http://m.londonstockexchange.com/exchange/mobile/stocks/summary.html?fourWayKey=FK00B030JM18GBGBXAMSM

    Chuckle chuckle....

    Mar 07th, 2015 - 01:28 pm - Link - Report abuse 0
  • Englander

    But up from 18p not so very long ago Mrs Think.
    Investing in FOGL can hardly be described as a get rich quick scheme which is why Argentine Government Ministers wouldn't be interested.
    Bet you're proud of your boy Kissitoff.

    Mar 07th, 2015 - 02:21 pm - Link - Report abuse 0
  • Jo Bloggs

    17

    As predicted in my post at 1.

    Atta boy!

    Chuckle chuckle

    Mar 07th, 2015 - 03:14 pm - Link - Report abuse 0
  • stick up your junta

    @19 The lab rat “Think” don't disappoint :-)

    Mar 07th, 2015 - 04:09 pm - Link - Report abuse 0
  • Pugol-H

    When are the first wells coming on line in Vaca Muerte???

    Anybody done anything there yet???

    Gas and oil production still falling in Argentina is it???

    Perhaps they should speak to Rockflopper.

    Then Stink can let us know every time the share price goes up a fraction of a percent.

    Mar 07th, 2015 - 04:39 pm - Link - Report abuse 0
  • golfcronie

    @17
    On January 16 FOGL share price was 20p it is now 29.5p er that is a 47.5% RISE is it not? What say you think?

    Mar 07th, 2015 - 05:15 pm - Link - Report abuse 0
  • Briton

    First the good news
    Premier Oil spudded its first 2015 Falklands drilling campaign well

    Yahoo.

    And the bad news,
    Apparently the following was today rushed to hospital suffering from acute Shock,
    Marcos:
    Think:
    Axel:
    Paulie:

    Their supervisor CFK says they will be back reading their auto cues by Monday.

    lolol
    .

    Mar 07th, 2015 - 08:08 pm - Link - Report abuse 0
  • ilsen

    No-one should be concernd about these fools / shills.
    In a few months the lights will be going out across Argentina.

    They will still shriek the same lies, but no-one will be able to hear them.

    I expect MercoPress will become very quiet when the trolls retreat under the bridge to feed on each other's corpses...
    Such is life....
    .... just imagine, it could have all been so different in a Bolivarian Socialist Paradise....

    ...or so we are told...
    LOL!

    Mar 08th, 2015 - 05:02 am - Link - Report abuse 0
  • golfcronie

    Psssst Argies want to buy some oil?

    Mar 08th, 2015 - 08:07 pm - Link - Report abuse 0
  • Briton

    In a few months the lights will be going out across Argentina

    will they all pray for the 2nd coming,
    Coming to save them...lol

    Mar 08th, 2015 - 08:12 pm - Link - Report abuse 0
  • paulcedron

    premier oil + a tiny little well with no commercial oil...lol
    plus the useless, lazy, fatty, good-for-nothing isleters who think they are going to be the next dubai...what a combo...LOL

    Mar 08th, 2015 - 09:14 pm - Link - Report abuse 0
  • LEPRecon

    @27 paulcedron

    And yet it will still be far more oil than Argentina can produce. Jealous much?

    Mar 08th, 2015 - 09:18 pm - Link - Report abuse 0
  • golfcronie

    @27
    THE FALKLANDERS do not need excessive amounts of oil so will be able to live comfortably for decades to come. Incidently how is PUTA MUERTA going? Any shale oil yet?

    Mar 08th, 2015 - 10:42 pm - Link - Report abuse 0
  • Jo Bloggs

    27

    Atta boy Paulie!

    Mar 08th, 2015 - 10:46 pm - Link - Report abuse 0
  • Britworker

    @28

    I think the real question you need to ask yourself is exactly where has the Argentine governments Falklands policy got them over the past 5 years. All I can see is the Falklands going from strength to strength and Argentina going down the S-bend

    Mar 08th, 2015 - 10:47 pm - Link - Report abuse 0
  • Briton

    27@
    batty to say the least.

    Mar 09th, 2015 - 12:03 am - Link - Report abuse 0
  • ilsen

    @27
    “the useless, lazy, fatty, good-for-nothing isleters ”

    Prove it.

    Prove they are all incapable of complex, or even basic tasks.
    Prove they are all work-shy.
    Prove they have an obesity problem across the whole population.
    Prove they are all worthless human beings, without charity or kindness in their hearts.

    Go on. Prove it.

    links to peer-reviewed academic sources or globally-respected news organisations please, for each subject you raised.

    or shut up.

    Failure to do either. (provide proof/ or shutting up), will just show the world what a silly little boy your are with your playground insults.

    Mar 09th, 2015 - 05:37 am - Link - Report abuse 0
  • Briton

    Agreed.

    Mar 09th, 2015 - 07:56 pm - Link - Report abuse 0
  • Pete Bog

    @22
    “On January 16 FOGL share price was 20p it is now 29.5p er that is a 47.5% RISE is ”

    That would be unacceptable in Argentina, who's economic aims are to lose money.

    Mar 10th, 2015 - 08:48 pm - Link - Report abuse 0
  • malen

    these also matters: contamination of our sea and taking unilateral decissions involving resources of a territory in dispute.
    www.shelknamsur.com/index.php?option=com_content&view=article&id=17284
    or search “desde la UMA repudian la extracción de petróleo británico en Malvinas”

    Mar 12th, 2015 - 12:00 am - Link - Report abuse 0
  • ilsen

    @36
    Haha!

    You have no say in the matter. You lost.
    Time for acceptance.

    Mar 13th, 2015 - 02:28 am - Link - Report abuse 0
  • Pete Bog

    @36 Malen
    If you have a genuine case backed up by evidence rather than at best, a dodgy claim, then go to the ICJ instead of flailing about randomly in the wind.

    Mar 13th, 2015 - 08:40 pm - Link - Report abuse 0

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