Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, wishes to advise that the 14/15-2 Rachel North well has reached a total depth of 3052 metres.
Argentina renewed this week its sovereignty claims over the Falklands/Malvinas Islands and accused the United Kingdom of deliberately not complying with the International Maritime Organization regulations by exposing the security of shipping in the South Atlantic.
New cables released by the website Wikileaks and published by the Spanish newspaper El País state the US Secretary of State worries in June 2009 about the sudden change in the language of Argentine President Cristina Fernández de Kirchner's government in Antarctica and Falkland/Malvinas Islands case.
“A HUGE negative impact on us,” is how one Falklands fishing company views the Union of South American Nations’ declared intention to close their ports to Falklands flagged vessels, or in their words, ‘the illegal flag of the Malvinas’.
The Brazilian government questioned UK’s “unilateral actions” regarding the (Falklands) Malvinas Islands and called for the sovereignty “long standing dispute” to reach “as soon as possible a solution”.
DryShips has won an exploration contract to drill offshore the Falkland Islands. The Greek company received a letter of intent for the Eirik Raude and will drill two weels for approximately 90 days beginning in the fourth quarter of 2011.
Argentina claimed sovereignty over the Malvinas and South Atlantic Islands and criticized UK’s unilateral actions in fisheries and hydrocarbons during the signing on Saturday of a defence cooperation and development agreement with South Africa.
The Falkland Islands will continue to be an important focus for European exploration and production (E&P) oil and gas investors in the near term, according to research by Goldman Sachs.
A wide range of issues of mutual interest and concern were addressed by the UK Minister for the Overseas Territories Henry Bellingham and leaders from the Overseas Territories. The OTs Consultative Council is currently meeting in London.
A new species of squid has been discovered by scientists during a research cruise in the southern Indian Ocean. The 70cm-long specimen is a large member of the chiroteuthid family.