Falkland Islands exploration company Argos Resources released Monday morning interim results and CEO Ian Thomson told investors that the group is on schedule to be ‘drill ready’ in late 2011/early 2012 to begin off-shore exploration activities in the South Atlantic British Territory.
Britain will meet shareholders from explorer Rockhopper to discuss the Falkland Islands and the location for the company's proposed 2 billion dollars oil project based on recent discovery estimates.
As a decade of British Overseas Territories’ constitutional revision is coming to a close the UK policy strategy is to ensure that constitutional arrangements are effectively working to be best interests of OT and the UK, announced Foreign Secretary William Hague this past week before the House of Commons.
Rockhopper Exploration’s announcement this week that they expect to begin pumping oil in 2016, set the international media off on a further round of speculation about future wealth, but Falklands stakeholders and interested parties are taking a more cautious approach.
Tierra del Fuego provincial authorities in the extreme south of Argentina confirmed they would not be participating Sunday in Chile’s 201 independence anniversary in protest over statements from a local mayor who referred to the Malvinas Islands as Falkland Islands.
Plans are being drawn up for celebrations to mark next year's 30th anniversary of the Falklands conflict, reports Wednesday the Evening Standard. The UK Ministry of Defence, Foreign Office and Falkland Islands government are working on how best to commemorate the 1982 conflict with Argentina.
British oil group Rockhopper Exploration has unveiled plans for a 2 billion dollars investment in the Falkland Islands, a move which will transform the remote territory into a new oil province.
Falkland Islands Members of Legislative Assembly will be present at the annual party conferences in United Kingdom. MLA Sharon Halford and MLA Roger Edwards left for the UK on Tuesday and will be joined for their task by the Falkland Islands Government (FIG) London Representative Sukey Cameron MBE.
The Falkland Islands team that participated in the 4th Commonwealth Youth Games is back following a week of successful competition, contacts and proudly showing the Islands’ flag among the over seventy countries worldwide that were present at the Isle of Man sports’ celebrations.
Argentina expressed gratitude to China for its permanent support of the Malvinas Islands sovereignty claim in the longstanding dispute with Britain.