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Montevideo, March 28th 2024 - 15:27 UTC

Tag: Paula Beasley

  • Tuesday, April 14th 2015 - 09:39 UTC

    Falklands Argos in farm-out agreement with Noble Energy to drill exploratory well

    “The Rhea prospect diversifies our prospect inventory and upgrades our chance of overall success”, said Noble's vice-president Susan M. Cunningham

    Noble Energy announced Monday that it has acquired additional acres offshore the Falkland Islands and plans to start drilling, despite opposition from Argentina’s government. The Houston-based oil company now holds a 75% interest in a license in the North Falkland Basin from Argos Resources Limited, an oil and gas exploration company based in the Falkland Islands.