Tag: Scotia prospect

• Monday, September 17th 2012 - 14:57 UTC

  FOGL and Edison strike gas discovery to the East of the Falkland Islands

  

  Falkland Oil and Gas Ltd announced Monday that the well drilled to the East of the Falkland Islands to a depth of over 4.000 meters is a gas discovery. The statement comes after a rough week for FOGL when its shares plummeted following poor and unfounded press coverage.