The Loligo and Rock cod fisheries have performed well over the first seven months of 2010, although it is too early to predict the overall performance for the year confirmed Falkland Islands Government Director of Natural Resources John Barton.
OVER the course of two weekends Falklands Conservation staff and volunteers led by Dr Rebecca Upson, Falklands Conservation’s Plant and Habitats Officer, have carried out restoration work on two sites recently cleared of mines.
Argos Resources with exploration licences in the North Falkland Basin expects its shares to be admitted to trading on AIM on Thursday 29 July. Argos Resources has raised £22 million (£20.6 million net of costs) in a placing of new ordinary shares at 31 pence per share which will give the company a market capitalisation of £67 million.
Rockhopper Exploration (AIM: RKH) announced that on Friday early morning it had spudded Ernest 26/6-1 exploration well in the North Falkland Basin, the second well the British company is drilling following the successful discovery of oil in its Sea Lion prospect.
Argentina walked out of the International Association of Prosecutors, IAP, because the Falkland Islands were admitted as a full member of the organization according to press reports from Buenos Aires.
Rockhopper Exploration the only company so far to have announced the discovery of oil in Falklands’ waters is preparing to spud its second well in the North Falkland basin, the company announced in a release.
The Falklands Chamber of Commerce claims that Argentina has in effect imposed a sea-blockade of the civilian population of the Falklands with no respect whatsoever for the human rights of the Falkland Islanders, while at the same time it cynically promotes commitment to human rights on the world stage.
A young Falklands mum, and her prematurely born baby, who found themselves immobilized in Chile due to documentation problems, have made it home thanks to a determined mother and a Government House official.
Oil fortunes ebbed and flowed this week as one exploration company abandoned its well, another looked forward to a second bumper find, and a new player joined the race for black gold in Falklands’ waters.
IN a freezing mountainside ceremony on East Falkland Islands today British Special Forces veterans and Falkland Islanders paid tribute to a Special Boat Service Sergeant killed on June 2, 1982.