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Montevideo, November 21st 2024 - 20:10 UTC

Tag: John Hogan

  • Tuesday, July 13th 2010 - 22:01 UTC

    Argos warned by Argentina to abstain from drilling in the Falklands or…

    Argos is the fifth company to decide offshore drilling in the Falklands

    Argos Resources the latest company to announce it will begin oil exploration operations offshore the Falkland Islands was sent a letter by the Argentine embassy in London warning it “to abstain” from such activities otherwise “it will face legal actions”, according to reports in the Buenos Aires press.

  • Friday, July 9th 2010 - 03:57 UTC

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

    Dr John Hogan, Chief Executive Argos Resources

    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.