Falkland Oil and Gas Ltd (FOGL.L) said on Wednesday it conditionally raised 7.6 million pounds (11.8 million US dollars) to help fund capital expenditure on long-lead drilling equipment, and general and administrative costs through 2010 into 2011.
New research published by the Falkland Islands Tourist Board this week puts an estimated value of £1,122,000 per year on domestic tourism. The estimate was made following a telephone survey carried out during March 2009, which also enabled the tourist board to calculate that 11,500 domestic trips are taken by Falkland Islanders each year.
The average annual growth of cruise tourism to the Falklands will not be sustained next season confirmed General Manager of the Falkland Islands Tourist Board, Jake Downing.
“Cruise tourism to the Falklands has been growing at an average annual rate of 13.9% since 2000, but there are a number of factors at play this year which mean we won’t be able to sustain that level of growth next season,” said Mr Downing.
The United Kingdom newly appointed Chief of Joint Operations (UK) Air Marshal Sir Stuart Peach KCB CBE has enjoyed a busy, week long visit to the Falkland Islands.
Sei whale washes up on Carcass. -
ONE animal’s misfortune has become the gain of hundreds of others on Carcass Island.The body of an enormous sei whale was found dead with hundreds of giant petrels around it, when the island’s owner Rob McGill discovered it on Sunday.
The Falkland Islands Government Director of Mineral Resources today responded calmly to the Argentine Foreign Affairs vehement reaction to the UK submission in respect of its extended continental shelf claim around the Falkland Islands.
The Argentine government expressed on Monday its most vigorous rejection to “the United Kingdom’s pretension to establish maritime spaces round the Malvinas, South Georgia and South Sandwich islands, which are part of Argentine national territory”.
The details of HMS Endurance’s struggle for survival last December has up until now been kept from the public domain. In this month’s edition of Navy News, however, details of the challenges overcome by the ship and crew have finally been released.
Representatives of oil companies intending to drill in North and South basins around the Falkland Islands say they are, “…as confident as they can be in an exploration setting,” that they will be successful in their endeavour to recover oil in commercial quantities.
Weekly Penguin News Update. Headlines: Fun trials create new challenges; Dismal Ilex season; Firearm stolen from vehicle at Goose Green; BFBS 3 will be available to Falkland’s viewer; Swine flu pandemic is less likely.