Tag: North Falkland Basin

Wednesday, October 16th 2024 - 08:25 UTC
Falklands, Rockhopper Exploration disposes of Italian assets to focus on Sea Lion

Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin (“NFB”), has announced it has put in place an insurance policy to cover the event that the Italian Republic succeeds in its attempt to have the Rockhopper Ombrina Mare Arbitration Award annulled and has also signed a share purchase agreement with Zodiac Energy Limited to exit its other Italian assets.
Wednesday, September 20th 2023 - 09:28 UTC
Argos transferring its North Falkland Basin production license to JHI Associates

Argos Resources Falklands said on Tuesday that the government of the Falkland Islands has agreed to the transfer of Argos's PL001 production license interests in the North Falkland Basin to JHI Associates based in Toronto, Canada.
Monday, August 28th 2023 - 10:14 UTC
Falklands Argos Resources negotiating its North Falkland Basin production license with Canadian company

Falkland Islands oil and gas exploration Argos Resources Ltd has announced changes in its board of directors, until a general meeting of shareholders is announced, and the executive directors finalize the sale of its PL001 production license interests in the North Falkland Basin to JHI Associates. The Argos sold asset is expected to be a shareholding in JHI.
Friday, May 5th 2023 - 23:02 UTC
Canadian company JHI to explore for oil and gas in Falklands' waters

Oil and gas exploration company Argos Resources is set to sell its sole asset, the PL 001 production license in the North Falkland Islands, which is estimated to hold around 3 billion barrels of oil, to JHI. After completing the transaction, Argos plans to seek to delist from AIM and wind up the company.
Wednesday, July 27th 2022 - 09:32 UTC
Falklands extends oil licenses two years for farm-in Rockhopper/Navitas accord

Positive news for Falklands' oil industry development. All regulatory consents for the transaction between Harbour Energy plc and Israel's Navitas Petroleum LP of its Falkland Islands offshore license interests have been approved by the Falkland Islands government and the United Kingdom minister of state.
Thursday, September 30th 2021 - 09:08 UTC
Rockhopper hosting a retail investor meeting on Falklands' oil industry

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, confirms it will be hosting a retail investor meeting this Thursday, 30 September 2021.
Thursday, April 29th 2021 - 16:56 UTC
Argos granted extension to Falklands production licence

Argos Resources has successfully secured a 12-month extension to the second term of its Production Licence in the North Falkland Basin, the company announced this week. The extension, which runs until 1 May 2022, was approved by the Falkland Islands Government’s Executive Council on March 24.
Saturday, March 6th 2021 - 09:40 UTC
Falklands extends Rockhopper's offshore licenses until November 2022

The Falkland Islands government has agreed to extend each of Rockhopper Exploration plc’s offshore North Falkland basin petroleum licenses, including the Sea Lion discovery area, until Nov. 1, 2022. The extension includes no additional license commitments. The previous expiry date was May 1, 2021.
Saturday, September 19th 2020 - 09:50 UTC
Argos Resources plans to request extension of North Falkland Basin license

Falkland Islands' based Argos Resources Ltd said on Friday its interim loss widened on foreign exchange movements, but it has enough cash to continue for another year as some costs have been delayed.
Tuesday, September 24th 2019 - 09:40 UTC
Argos Resources looking new partners to participate in Falklands oil industry

Argos Resources Ltd on Monday swung to an interim loss and said it is adequately financed for the next 12 months as it continues to receive quarterly cash payments from two companies that withdrew from a production license offshore the Falkland Islands.