Tag: Desire Petroleum

• 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 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.

• Friday, July 9th 2010 - 03:57 UTC

  Fifth company, Argos plans to drill for oil off the Falkland Islands says FT

  

  A fifth UK company plans to drill for oil off the Falkland Islands after it raises £70m in a London stock market listing, reports the Financial Times. Argos Resources, which holds licences next to the landmark 250m-barrel Falklands’ oil discovery made by peer Rockhopper Exploration in May, hopes to achieve a £200m value on AIM.

• Saturday, July 3rd 2010 - 22:43 UTC

  Rockhopper confirms medium grade crude in North Falklands; FOGL to announce South Falklands results

  

  Rockhopper Exploration one of the four companies operating with Falkland Islands government licences reported last Friday that samples from its recent discovery on the Sea Lion prospect in the North Falkland basin have been confirmed as medium grade crude.

• Monday, May 10th 2010 - 18:44 UTC

  Falklands’ Oil Discovery Announcement Has Rockhopper Shares up 32% Monday

  

  Shares in Rockhopper Exploration (LON:RKH) soared by 32% on Monday morning, after the latest results of its Sea Lion oil discovery in the Falkland Islands suggested a good quality reservoir.

• Saturday, May 8th 2010 - 01:23 UTC

  Falklands’ Rockhopper “High Quality Reservoir” Oil Find Boosts Shares

  

  Rockhopper Exploration (LON:RKH) oil discovery in the Falklands Islands is of “good” quality said on Friday a release from the company. The announcement had a positive impact on shares of all Falklands’ oil explorers.

• Wednesday, April 28th 2010 - 06:07 UTC

  Argentine Coast Guard to Monitor Vessels Travelling to and from Falklands

  

  Argentina made official this week the planned monitoring of vessels sailing between the mainland and the disputed Falkland Islands, the Coast Guard agency PNA said.

• Friday, April 23rd 2010 - 23:06 UTC

  Falklands: Desire still upbeat on prospects

  

  DESIRE Petroleum, the oil exploration company in which many Falkland Islanders are shareholders, has said it is hopeful of making a discovery, despite posting a £2.5 million pre-tax loss for the year ending December 31 2009.