Tag: Sea Lion Main Complex

• Tuesday, April 8th 2014 - 22:05 UTC

  Falklands fiscal regime and stability remain attractive for oil and gas industry

  

  With the Falkland Islands' upstream oil and gas industry still in its infancy, the country's attractive fiscal regime, which boasts a low government take, is expected to remain stable through the short and medium term, says a new report from research and consulting firm GlobalData.

• Friday, February 7th 2014 - 06:52 UTC

  Falklands oil industry: Premier ratifies its commitment to develop Sea Lion

  

  Britain's Premier Oil said it was seeking a partner for an oil development in the Falkland Islands in order to reduce its exposure to the 5.2 billion dollar project and make higher payouts to shareholders.

• Wednesday, February 5th 2014 - 08:21 UTC

  Falklands' oil industry developer Premier CEO steps down

  

  Shares in UK's Premier Oil, which has interests in developing Falkland Islands oil, soared almost 9% on Tuesday despite news that its chief executive is to step down after nine years at the helm. Simon Lockett will leave his position and the board of Premier once a successor has been appointed.

• Sunday, January 26th 2014 - 02:27 UTC

  Four Wells planned by Rockhopper for 2014

  

  ROCKHOPPER Exploration has identified four wells it plans to drill in the upcoming 2014-2015 drilling campaign in the Falkland Islands.

• Friday, January 17th 2014 - 07:54 UTC

  Falklands Sea Lion in 'the mid to longer term projects' of Premier Oil

  

  UK independent Premier Oil reported Thursday that its production rate peaked at 75,000 barrels of oil equivalent per day during December, when the average rate was 69,000 boepd. Premier said that average production for 2013 as a whole was 58,200 boepd, compared to an average rate of 57,700 boepd for 2012.

• Thursday, January 2nd 2014 - 18:21 UTC

  Falklands 2014 oil industry major focus: how to develop the Sea Lion discovery

  

  After a busy 2011 and 2012, 2013 was a relatively quiet year for exploration around the Falkland Islands in the South Atlantic Ocean. The various companies involved in the region's nascent oil and gas industry preferred to spend the year focusing on seismic data acquisition campaigns and consolidating some of their assets.

• Thursday, December 26th 2013 - 05:43 UTC

  Falklands offshore exploration drilling agenda for Rockhopper

  

  Rockhopper Exploration has issued details of its next planned exploration wells offshore the Falkland Islands. The details were published on the Offshore site 23 December. Rockhopper was the first of several companies operating in Falklands waters to confirm the existence of oil and gas.

• Wednesday, December 18th 2013 - 16:46 UTC

  Falklands to cash 146m dollars from tax on farm-out deal in oil industry

  

  An agreement has been reached between the Falkland Islands government and Rockhopper Exploration regarding tax arising from the Sea Lion farm-out to Premier Oil, an operation involving a billion US dollars, and which according to the settlement generated a credit of 146m dollars for the Islands Treasury.

• Monday, November 11th 2013 - 23:46 UTC

  Falklands oil companies bombarded with warning-letters from Argentina

  

  Argentina has begun a determined campaign to deter companies from drilling for oil in disputed waters around the Falkland Islands in the south Atlantic. On the eve of a visit by UK parliamentarians to Buenos Aires this week, the Argentine embassy in London warned that legal action was being ramped up against drillers and their suppliers, reports Terry Macalister in The Guardian.

• Thursday, October 17th 2013 - 01:05 UTC

  Uruguay is the natural gateway to Mercosur markets Falkland Islands businessmen told

  

  A visiting delegation from the Falkland Islands Chamber of Commerce heard on Monday from the Vice-Chairman of the Uruguay-British Chamber of Commerce, Guillermo Wild, that Uruguay offered unrivalled opportunities for trade and access to Latin American markets.