The Falkland Islands Government has sent letters to the leaders of Australia and Brazil following the devastating floods the two countries have undergone recently.
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.
Over the past decade, consumer interest in Antarctica has increased exponentially, with a number of expedition cruise companies operating two- and three-week voyages to the Antarctic Peninsula, the Falklands Islands and South Georgia.
FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.
A SECOND phase of de-mining is planned on the Falkland Islands from November this year.
Argentina reaffirmed Monday its “imprescriptible” sovereignty rights over the Malvinas and other South Atlantic islands and considers “incomprehensible” the British negative to find a peaceful and definitive solution to the controversy as mandated by the international community.
The American Government kept a close eye on the dispute between Argentina and Britain over the Falkland Islands in 2010. Hitherto secret US State Department communications published by Wikileaks reveal that Secretary of State Hilary Clinton wrote to the U.S. Embassy in Buenos Aires in early 2010, requesting analysis of the situation, which it was felt had been exacerbated by the British approval to search for oil in the seas off the islands, and by a revitalised and bitter diplomatic offensive by the government of President Cristina Fernndez de Kirchner.
The Argentine Foreign Ministry stated yesterday that the “provisional understandings” signed by London and Buenos Aires were in complete disuse and that the “unilateral actions of the United Kingdom” with regard to oil exploration and military exercises on the Islands constituted an “unsolveable obstacle” to the continuation and development of the “bilateral cooperation”
Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.
The recently arrived new Governor in the Falkland Islands, Mr Nigel Haywood, took time recently to talk about his role in the Islands’ weekly newspaper, the Penguin News.