Tag: Argos Resources

• Friday, October 14th 2011 - 08:03 UTC

  Argos raises prospective resource by 182% to 2.1 billion barrels of oil

  

  Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).

• Wednesday, September 28th 2011 - 22:18 UTC

  Falklands’ Argos needs additional capital for drilling set to begin at end of year

  

  Falklands based Argos Resources expects to drill its first well on license PL001 in the North Falkland basin in late-2011 or early-2012, using the semi submersible rig Ocean Guardian, currently operating in the Islands’ waters.

• Monday, September 19th 2011 - 20:57 UTC

  Another Falklands company ‘on schedule’ to drill for oil in the next six months

  

  Falkland Islands exploration company Argos Resources released Monday morning interim results and CEO Ian Thomson told investors that the group is on schedule to be ‘drill ready’ in late 2011/early 2012 to begin off-shore exploration activities in the South Atlantic British Territory.

• Wednesday, September 14th 2011 - 14:54 UTC

  Falklands’ Rockhopper unveiled 2bn dollars plan to extract oil by 2016

  

  British oil group Rockhopper Exploration has unveiled plans for a 2 billion dollars investment in the Falkland Islands, a move which will transform the remote territory into a new oil province.

• Tuesday, July 5th 2011 - 15:21 UTC

  Falklands’ Argos fast-track 3D processing anticipate drilling in late 2011/2012

  

  Falkland Islands Argos Resources Limited reports encouraging progress on the processing and interpretation of its recently acquired 3D seismic data over its 100% owned licence PL001 in the North Falkland basin. With fast track processing of the 3D data Argos could be ready for exploratory drilling in late 2011/2012.

• Tuesday, May 3rd 2011 - 22:56 UTC

  Argos confirms it is closer to starting an oil drilling campaign in Falklands’ waters

  

  Argos Resources is a step closer to starting a drill campaign in Falkland Islands waters, where it is targeting a high priority area adjacent to Rockhopper’s Sea Lion discovery.

• Tuesday, April 26th 2011 - 01:34 UTC

  Falklands’ Argos acquires 3-D seismic data prepares to drill late 2011, early 2012

  

  Argos Resources Limited, the Falkland Islands based hydrocarbons exploration company, has reported that the company has completed the acquisition of 3-D seismic data over the entire area of its PL001 licence in the North Falkland Basin.

• Monday, September 13th 2010 - 22:06 UTC

  Argos confirms Falklands’ waters exploratory oil drilling for second half of 2011

  

  In the first six months of 2010 Falkland Islands based Argos Resources has made significant progress in developing its PL001 Licence in the North Falkland Basin, to anticipate it will begin an exploratory hydrocarbons drilling campaign in the second half of 2011.

• Friday, September 3rd 2010 - 13:04 UTC

  Falkland Islands: Oil activities still remain encouraging

  

  THE offshore oil drilling rig Ocean Guardian continues its work at Rockhopper Exploration’s Sea Lion well, where hydrocarbons were encountered earlier this year. The well at that time was suspended for re-entry and testing.

• Tuesday, July 27th 2010 - 23:46 UTC

  Argos Resources raised £ 22 million for hydrocarbons exploration in Falklands

  

  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.