Tag: BOR

Monday, March 19th 2012 - 06:44 UTC
Falklands’ oil company delays report on deep water exploratory drilling

UK based oil firm Borders & Southern pushed back the time frame for initial results from an exploration campaign offshore the Falkland Islands after a deep water well experienced technical issues.
Thursday, March 15th 2012 - 22:17 UTC
Quick reply to Argentina: UK reaffirms Falklands’ right to develop hydrocarbons resources

Britain waited only a few minutes for Argentina to finish detailing a barrage of legal and administrative threats against anybody and everybody involved in the Falklands oil industry, and firmly stated its full support to the Islanders development of their hydrocarbons resources.
Saturday, February 18th 2012 - 00:15 UTC
Argentina now takes Falklands’ dispute to satellite imagery

The Argentine newspaper Ambito Financiero reported on Friday, without revealing sources, that oil exploration rig Leiv Eiriksson, contracted by two oil companies to drill to the south of the Falkland Islands “was found, on Thursday, exploring in Argentine waters”, according to ‘irrefutable’ satellite images.
Wednesday, February 1st 2012 - 14:43 UTC
Falklands’ second exploration round takes off south of the Islands

A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.
Sunday, January 22nd 2012 - 05:44 UTC
Falklands confirms second oil rig has reached the Islands; spudding planned for Monday

Falklands oil industry sources confirmed that the semi-submersible Leiv Eiriksson oil exploration rig has reached Falklands’ waters and should be spudding its first well next Monday.
Monday, January 16th 2012 - 02:28 UTC
Merrill Lynch appointed to find partners to develop Falklands’ oil project

Rockhopper Exploration which recently discovered oil and gas in Falkland Islands waters has appointed Bank of America Merrill Lynch to lead the process of finding a partner for its 2 billion dollars oil project in the North Falkland basin, reports the London media.
Friday, January 13th 2012 - 19:21 UTC
Oil company ensures funds for a Falkland Islands’ two-well drilling round

UK-based Falkland Oil and Gas (FOGL) announced on Friday it has raised £48.5m (74.3m dollars) through a placing of new ordinary shares to fund drilling of exploration wells in Falkland Islands while it continues active discussions with potential partners for a farm-out.
Monday, November 21st 2011 - 14:31 UTC
Falkland Oil and Gas begins drilling in the second quarter of 2012

Falkland Oil and Gas (FOGL) confirmed on Monday it was holding talks with potential partners to look for oil and gas in the Falkland Islands and announced that the exploration rig slated to drill four wells in Falklands’ waters is expected in the Islands in late January 2012.
Friday, September 30th 2011 - 06:09 UTC
Falklands’ B&S Petroleum confirms 197m dollars to drill two wells in Jan/Feb

Falkland Islands oil and gas explorer Borders & Southern Petroleum has swung into the black, just months before it embarks on its drilling program in the South Falkland Basin. The company posted pre-tax profits of 761.211 dollars in the six months ended June 30, compared to a loss of 672.185 in 2010.
Thursday, June 9th 2011 - 08:36 UTC
Oil company confirms Falklands drilling and farm-out accord in coming months

Falkland Oil & Gas confirmed on Wednesday drilling operations will begin in the first quarter of 2012 and revealed it is in early talks with firms interested in taking part in its exploration program south of the Falkland Islands. The company however anticipated it did not expect to conclude any farm-out agreement until later this year.