Tag: FOGL

• Wednesday, February 1st 2012 - 14:43 UTC

  Falklands’ second exploration round takes off south of the Islands

  

  A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.

• 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.

• Tuesday, January 17th 2012 - 06:54 UTC

  Rockhopper shares soar as talks for a partner in Falklands’ oil operation advance

  

  Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.

• Friday, January 13th 2012 - 22:47 UTC

  Falkland Islands Holdings agrees to subscribe 2 million new shares from FOGL

  

  Falkland Islands Holdings has agreed to subscribe for 2 million new shares placed by Falkland Oil and Gas Limited. FIH says the £860,000 cost of the shares will be met from the group's existing cash resources.

• 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.

• 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.

• Friday, September 9th 2011 - 09:18 UTC

  Falkland Oil & Gas confirms drilling rig for two slots in the first half of 2012

  

  Falkland Oil and Gas (FOGL), the exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, reiterated it has signed a contract for the Leiv Eiriksson drilling rig for two firm slots in the first half of 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.

• Friday, May 6th 2011 - 07:20 UTC

  Falklands’ oil companies contract more sophisticated exploration rig

  

  Borders and Southern Petroleum PLC licensed for oil exploration in the Falkland Islands announced Friday the signing of a new rig contract with Ocean Rig under which the Eirik Raude has been replaced by the Leiv Eiriksson.

• Monday, April 11th 2011 - 13:23 UTC

  Falklands names Islander new Mineral Resources Director, beginning 2012

  

  The Falkland Islands has nominated an Islander as new Director of Mineral Resources who will be taking over from Phyl Rendell when she retires as the end of the year, announced the government of the Islands.