Argos granted extension to Falklands production licence

Thursday, April 29th 2021 - 16:56 UTC

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Argos Resources has successfully secured a 12-month extension to the second term of its Production Licence in the North Falkland Basin, the company announced this week. The extension, which runs until 1 May 2022, was approved by the Falkland Islands Government’s Executive Council on March 24. Read full article

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portman
how many annual extensions is that? one year at a time does not seem long enough for attracting the investment needed for production purposes but sufficient to keep afloat for the purpose of paying fees to directors!
May 01st, 2021 - 01:30 pm - Link - Report abuse 0
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