Tag: Argos Resources

• Tuesday, April 14th 2015 - 09:39 UTC

  Falklands Argos in farm-out agreement with Noble Energy to drill exploratory well

  

  Noble Energy announced Monday that it has acquired additional acres offshore the Falkland Islands and plans to start drilling, despite opposition from Argentina’s government. The Houston-based oil company now holds a 75% interest in a license in the North Falkland Basin from Argos Resources Limited, an oil and gas exploration company based in the Falkland Islands.

• Saturday, November 22nd 2014 - 06:47 UTC

  Falklands construction booming: permission for second 80 bedroom hotel

  

  Building continues at a steady rate in the Falkland Islands with 15 applications approved for construction in the capital Stanley, including permission for an 80 bedroom employees hotel for oil exploration technical staff, according to the latest Planning and Building Committee meeting.

• Saturday, August 30th 2014 - 06:41 UTC

  Falklands Argos Resources oil explorer confident on its farm-out outlook

  

  Falkland Islands Argos Resources Ltd posted Friday a narrowed pre-tax loss for the first half, saying it is more confident on the outlook for its farm-out efforts following the recent contracting of the Eirik Raude deep water rig by Noble Energy Inc and Premier Oil PLC.

• Wednesday, June 4th 2014 - 20:26 UTC

  Falklands' welcomes rig-contract which marks beginning of oil drilling season in first quarter of 2015

  

  The Falkland Islands Government welcomed the announcement on Thursday morning that a drilling rig has been contracted by a consortium of licensees for a new six-well program of offshore exploration and appraisal work commencing in early 2015.

• Monday, September 2nd 2013 - 12:28 UTC

  Falklands’ Argos considering drilling finance options and confident about new exploration round

  

  Falkland Islands Argos Resources oil and exploration company have said that they are extremely well placed to participate in the next round of exploration drilling in the Falklands and they are continuing to consider various ways to finance drilling.

• Friday, August 23rd 2013 - 23:12 UTC

  Falklands’ oil companies banned 20 years from operating in Argentina by Cristina Fernandez

  

  Four London AIM listed oil companies carrying out exploration work in Falkland Islands waters have been barred from operating in Argentina. The measure affects Borders & Southern Petroleum, Desire Petroleum, Argos Resources and Falkland Oil and Gas.

• Wednesday, January 9th 2013 - 16:50 UTC

  Argos Resources storms ahead of its Falklands’ oil drilling rivals

  

  Argos Resources the only Falklands explorer to not drill a well has had the most successful year of them all in share price terms. Results of interpretation of 3D seismic data are encouraging with a number of prospects identified and the company is looking for industry partners to take exploration drilling forward. Year to date share price performance: up 107.92% at 24.95p.

• Thursday, August 9th 2012 - 01:02 UTC

  Argentina warns US and EU markets on oil exploration activities in the Falklands

  

  Argentina’s National Securities Commission, CNV, officially communicated leading international stock exchanges in the US and Europe that hydrocarbons companies operating in the Argentine continental shelf in the area of the disputed Falklands/Malvinas Islands are involved in “illicit and clandestine” activities.

• Friday, February 17th 2012 - 03:59 UTC

  UK analysts says Falklands’ oil industry could be worth 180 billion dollars in royalties and taxes

  

  A leading UK market and investment analyst, Edison Investment Research looks at the prospects of the Falkland Islands oil industry and suggests the industry could be worth 180 billion dollars in royalties and taxes.

• Tuesday, November 29th 2011 - 17:15 UTC

  Argos steps down from the current Falklands oil exploration round

  

  Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reported on Tuesday it has decided not to participate in the current drilling campaign in the area with the Ocean Guardian rig, which is now likely to end in December 2011.