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Falklands' Sea Lion development will utilize 18 wells to recover 220 mmbbls, anticipates Premier Oil

Thursday, January 14th 2016 - 06:11 UTC
Full article 21 comments

Premier Oil provided on Wednesday a Trading and Operations Update ahead of its 2015 Full Year Results which will be announced on Thursday 25 February 2016, which included an upbeat on its Falkland Islands operations mainly at the Sea Lion field. Read full article

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  • golfcronie

    Just think, when oil comes on stream the FALKLANDERS can sell it to Argentina as no doubt YPF will still be struggling for U$S 200 billion investment to fund PUTA MUERTE exploration. Win,win situation methinks.

    Jan 14th, 2016 - 10:32 am - Link - Report abuse 0
  • commonsense

    Only gonna sell to them on a cash up front basis though!

    Jan 14th, 2016 - 11:23 am - Link - Report abuse 0
  • pgerman

    This article reminds me the official news that were published during the last days of the government of CFK. When everything, absolutely everything, is going wrong, it is mandatory to publish good news ... if there are not real good news then...invented ones must be published !!!

    With the barrel at a unit price of 31 dollars for many years onwards...Who the hell will seek to extract deep oil in end of the world?

    Furthermore, considering the comment @1, the best thing that can happen for the FI is to trade this crude in destinations far from Argentina. Do you think that Argentine companies are not going to abuse of the fact that they own distilleries for similar chemical characteristic oils? Do you think that Argentine companies are not going to abuse of the fact that they would be the nearest distilleries from the extraction wells? The best thing FI can do is to transport the extracted crude oil far from the area....fact that will make the business even less profitable ......

    Summing up, expensive, in deep and icy waters and far from everything !!! .. it does not seem to be a business very attractive and profitable.

    Jan 14th, 2016 - 12:13 pm - Link - Report abuse 0
  • georgeneurus

    GOLFA CRONIE”::DONT SEE BLACK GOLD YET.....WHEN POPS UP REMIND ME TO BUY YOUR FUCKING MOTHER!!! P DUMB GERMAN:: LETS SEE WHAT WE WILL DO BOUT THE SQUATTERS FANTASTIC OIL CRAP.

    Jan 14th, 2016 - 12:39 pm - Link - Report abuse 0
  • FI_Frost

    @ pgerman

    “Sea Lion Phase 1a project scope modified with lower break-even oil price; new contractual arrangements agreed with Sea Lion partner, and FPSO FEED contract in place”. First oil 2020.

    Just the facts, First World facts from the First World private sector. Something you kampo trolls clearly can't comprehend after a forced diet of diarrhea you people willing lap-up, generation after generation, from your poxy govenments, dictators, juntas etc.

    Jan 14th, 2016 - 12:44 pm - Link - Report abuse 0
  • golfcronie

    Sorry George my mother died years ago, God Bless Her Soul. So no chance there unless of course you two meet up in Heaven ( if there is one ) If I were you I would not waste money to buy my mother, best invest all your worthless pesos buying shares in the FALKLANDS. George you know of course that the majority of Argentines are “ squatters ” how do you think Argentina was populated, most have Spanish names. have a nice day

    Jan 14th, 2016 - 02:02 pm - Link - Report abuse 0
  • Conqueror

    @4. It's no longer “K” time. When we choose, you're dead. Perhaps you should try to grow up?

    Jan 14th, 2016 - 02:15 pm - Link - Report abuse 0
  • Briton

    Some say that oil could get as low as 20$ dollars a barrel or even less,

    either way, remember its Falklands oil,
    and not Argentina...lol

    Jan 14th, 2016 - 02:15 pm - Link - Report abuse 0
  • golfcronie

    According to Rockhopper they say ” despite the increase in scope, the estimate of pre-first oil capex requirement remains at US$ 1.8bn, equivalent to approximately US$8 a barrel. Further cost reductions expected given current market conditions. First oil expected 2020 if Final Investment Decision is made in 2017.

    Jan 14th, 2016 - 03:46 pm - Link - Report abuse 0
  • pgerman

    @6

    Let me clarify that I don't share anything with people like “georgeneurus”.
    I don't understand the reasons for such expressions.

    In addition, I have never considered the islanders as “squatters” (a typical fascist/peronist expression).

    Please, accept my appologies if I offended you.

    Jan 14th, 2016 - 05:21 pm - Link - Report abuse 0
  • Britworker

    Viable oil in British South Atlantic Territory, we ain't going nowhere.

    Jan 14th, 2016 - 05:57 pm - Link - Report abuse 0
  • golfcronie

    @10
    No need to apologize to me. I have no quarrel with you.

    Jan 14th, 2016 - 09:45 pm - Link - Report abuse 0
  • gordo1

    @4 Paulcedron/cara de orto podrido

    Have you been diagnosed with Tourette Syndrome? Or do all the psychiatrists in Argentina( and there are thousands, many work as taxi drivers in BA} not recognise your sad affliction?

    Jan 15th, 2016 - 07:37 am - Link - Report abuse 0
  • georgeneurus

    gordo asqueroso chupa pija: where are you form then mother fucker? same nation as paul?? FUCKING PIECE OF SHIT CULO CON CACA MOTHER FUCKER, SEND ME AN ADREES TO VISIT YOU FUCKING CERDA SHIT, AND I WILL USE YOU AS A DOG FOOD, LA ECONCHA DE TU PODRIDA MADRE.PIJA GERMAN: you mean seudoperonist??? you cant even see that ignroanton, peron died already dumb shit.didn yoi know that yetDIMWITT??YOU NEVER CONSIDERED THE ISLANDERS AS SQUATTERS ?? WE ALL CONSIDER THEM AS DUMB EMPTY BRAINS SQUATTERS, AND NO THAT TERM ISNT RELATED IT TO US ,,,, NOPE GUESS YOU ALL BRITS ARE LUCKY TO CARRY A SUCH LIFETIME TERM.GOLFACRONIE: you right golfa no tiome to eexpend in your fucking mothers grave, our pesos are too much for her.no you wrong on that one golfa , SQUATTERS IS A TERM RELATE TO THE ISLNDERS AND IT SOUND NICE, S Q U A T T E R S, PRETTY,ARGENTINE IS POPULATED WITH ITALIANS SPANIARS, GREEKS, RUSSIANS GERMANS, AMERICANS, POLISH, ASIANS, AFRICANS, FRENCH AND MANY OTHERS NATION DUMB IGNORANT, HAVE IT GOOD DAY WEAK BRAIN

    Jan 16th, 2016 - 12:44 am - Link - Report abuse 0
  • golfcronie

    @14
    Poor,poor George got a fixation for my mother, there is a name for that. Never mind Darlink

    Jan 16th, 2016 - 08:04 am - Link - Report abuse 0
  • georgeananus

    @14...Ahh the product of the Argentinian education system, that teaches you to study history with a black magic marker.....

    Jan 16th, 2016 - 02:36 pm - Link - Report abuse 0
  • gordo1

    @14 Cara de orto podrido/paulcedron/idiot child.

    “gordo asqueroso chupa pija: where are you form then mother fucker? same nation as paul?? FUCKING PIECE OF SHIT CULO CON CACA MOTHER FUCKER, SEND ME AN ADREES TO VISIT YOU FUCKING CERDA SHIT, AND I WILL USE YOU AS A DOG FOOD, LA ECONCHA DE TU PODRIDA MADRE”

    Are you proud of this gibberish. idiota?

    Jan 16th, 2016 - 04:26 pm - Link - Report abuse 0
  • Briton

    Why do some of these argies Shout,

    are they Deaf.

    Jan 16th, 2016 - 08:03 pm - Link - Report abuse 0
  • Turtle Island

    I remember in 2012 the islanders, said: “ The first well will be operational in 2016,” ... Now we are in 2016 and nothing has happened, now assert that “ will extract oil in 2020 ” .. Where will Avisen Games 2024 Olympics . !!

    Jan 16th, 2016 - 10:48 pm - Link - Report abuse 0
  • golfcronie

    @19
    At least research better. The FALKLANDERS never said anything about first oil in 2016. Maybe the oil copmpanies did but you have to understand that its an economic decision that they ( oil companies ) will have to make when first oil will be available. Anyhow how is PUTA MUERTE doing any investment yet? When do you think Argentina will become an oil exporting nation? I will bet that the FALKLANDS will be exporting oil before Argentina.

    Jan 16th, 2016 - 11:40 pm - Link - Report abuse 0
  • georgeneurus

    GOLFA CRONIE:EVERYONE GO FIXATION W YOUR PROSTI MOTHER.GEORGE CULO: IS COMMON AMONG PROSTI NOTHER LIKE YORTO JECRK OFF TH A BLCK MARKER, GORDO IDIOTA:: CUANDO TE AGARRE , LA CARA DE CULO TE VA A QUEDAR GIBBERISH, TRAGA CACA!yeAH , TELL US BRITS WHEN THE BLACK GOLD APPEARS!!! HEEEE,GOLFA CRONIE HOW MUCH DROP OF OILTHE SQUATTER GOT?? YOU GOTANOTHER TELL??? MONKEY,

    Jan 19th, 2016 - 02:18 am - Link - Report abuse 0

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