Argentina’s National Securities Commission, CNV, announced on Thursday that it will inform UK regulatory authorities on the legal actions to be undertaken by the Argentine state against oil companies “illegally operating in the Malvinas Islands”.
Oil explorer Borders & Southern boosted its available funds to help it analyse a gas discovery in the Falkland Islands, by raising £ 46 million through a share placing.
Argentina once again warned oil companies considered by the Government to be “illegally operating” in the Falklands/Malvinas Islands, and reiterated it will press charges against them unless they justify their actions before next Wednesday, May 2.
The Malvinas families’ commission regrets they have not been consulted on the Argentine government’s request for international help to identify the remains of the ‘unknown soldiers’ buried at the Argentine cemetery in the Falkland Islands.
Falkland Islands lawmaker Sharon Halford rejected the Argentine proposal of direct flights from Buenos Aires to the Islands saying that “they are not needed” and expressed surprise at the double standard of President Cristina Fernandez administration.
Argentina made a formal proposal to the UK for the establishment of direct flights from Argentina to the Falklands and to resume cooperation in the conservation of fishery resources in the South Atlantic, indicates a release posted on Tuesday in the Argentine Foreign Ministry site.
Borders & Southern Petroleum Plc energy explorer operating in the Falkland Islands announced on Monday the discovery of gas condensate in the first well drilled to a depth of 4.867 meters.
Brazil collaborated during the 1982 Falkland Islands conflict in an operation mounted by the Soviets to supply Argentina with spares, arms, munitions and other requirements according to the Rio do Janeiro newspaper O’Globo based on disclosed documents from the National Security Council and the Ministry of Foreign Affairs.
The British government, in a move designed to ease concern among the investment community about the Argentine legal threats, has written to some 15 banks and oil exploration companies operating in the region, reports the Daily Telegraph.
A four day conference at Canterbury University discussing the Falkland Islands ‘30 years on’, will begin Falklands elected Member of Legislative Assembly Dick Sawle’s visit to the UK.