Tag: FOGL

• 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.

• Friday, December 2nd 2011 - 00:21 UTC

  ‘Leiv Eiriksson’ rig ends oil drilling in the Arctic and sails for the Falklands

  

  Edinburgh explorer Cairn Energy ended this week this year’s 600 million dollar drilling program off Greenland after the biggest exploration campaign attempted in the Arctic island’s waters failed to make a viable discovery.

• 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.

• 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.

• Tuesday, April 19th 2011 - 16:11 UTC

  Falkland Islands’ 2012 oil exploration drilling round announced by FOGL

  

  Falkland Oil and Gas Ltd plans to raise £32m through a placing of shares at 70p each, with the money earmarked for the oil and gas exploration company’s 2012 drilling program, according to a release from the company heavily involved in exploration to the South and East of the Falkland Islands.

• Wednesday, January 19th 2011 - 09:18 UTC

  Falkland Oil & Gas Limited Exploration Update

  

  FOGL, the oil and gas exploration company is pleased to announce an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is operator.

• Tuesday, July 13th 2010 - 21:31 UTC

  Deepwater oil rig needed to drill in Falklands’ southern waters, confirms FOGL

  

  Falkland Oil and Gas (FOGL) will press ahead with its drilling program offshore the Falkland Islands despite reporting that its Toroa F61/5-1 exploration well was dry. However FOGL, which is associated with Anglo-Australian mining giant BHP Billiton, said it will work first towards contracting a deepwater rig.

• Monday, July 12th 2010 - 21:40 UTC

  First oil drill in south of Falklands ‘disappointing’, but company keeps to program

  

  The first well to be drilled at the south of the Falkland Islands proved to be a disappointment, Falkland Oil and Gas Ltd, FOGL, officially announced to the London Stock Exchange.