Tag: John Martin

• Wednesday, November 25th 2015 - 07:50 UTC

  Falklands' oil industry deal: Rockhopper will take over FOGL for £57.1m

  

  Falkland Islands oil & gas explorer Rockhopper Exploration is launching a £57.1mln takeover of rival Falkland Oil & Gas. Rockhopper and FOGL have agreed a recommended all-share merger resulting in Rockhopper holding 65% of the enlarged group and FOGL owning the rest.

• Tuesday, August 25th 2015 - 20:09 UTC

  Falklands' Humpback exploration well results delayed until September

  

  Falkland Oil & Gas Ltd told investors that drilling of the deep water Humpback exploration well in South Falkland basin has run into delays. They were described as ‘unforeseen equipment and operational issues’ and it has added just over a month to the schedule – to about 100 days from 65 planned days – so the well results are now expected during September.

• Saturday, June 6th 2015 - 09:46 UTC

  Falklands oil companies planning to continue drilling into next year

  

  Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands.