Tag: Sea Lion Main Complex

Sunday, October 6th 2013 - 06:40 UTC
Falklands ‘confident’ about ‘mutually acceptable outcome’ on taxes with oil company

The Falkland Islands Government remains, “confident that a mutually acceptable outcome can be reached with Rockhopper,” on the matter of their tax bill from FIG, confirmed Financial Secretary Nicola Granger last week and indicated the situation would have no impact on local tax laws.
Monday, September 2nd 2013 - 12:28 UTC
Falklands’ Argos considering drilling finance options and confident about new exploration round

Falkland Islands Argos Resources oil and exploration company have said that they are extremely well placed to participate in the next round of exploration drilling in the Falklands and they are continuing to consider various ways to finance drilling.
Saturday, August 31st 2013 - 00:44 UTC
Falklands’ first oil delayed as cost alternatives are considered

Premier Oil exploring for oil in the Falkland Islands said the company is studying cost alternatives to its drilling operations and crude extracting sub-sea architecture for the development of the Sea Lion project, which could delay the original chronogram for first oil.
Friday, August 23rd 2013 - 23:22 UTC
Falklands reviewing tax returns from oil industry but confident ‘an acceptable outcome can be reached’

The Falkland Islands government is reviewing a tax return submitted by one of the oil companies currently operating off-shore the Islands and is confident a mutually acceptable outcome can be reached.
Saturday, August 3rd 2013 - 02:30 UTC
Falklands: controversy with the private sector over oil and port policy

A Falkland Islands government statement of policy principles on port location and oil infrastructure development passed at Executive Council last week has been met with opposing views from members of the private sector, reports the Penguin News.
Wednesday, July 31st 2013 - 05:35 UTC
Falklands' Sea Lion project outstands in Premier Oil exploration opportunities

Premier Oil, the British North Sea's oldest company outside the oil majors, is turning away from the region for future exploration opportunities such as the Catcher and the Sea Lion project in the Falkland Islands, according to a report published by Reuters.
Friday, July 5th 2013 - 06:52 UTC
Falklands assesses impact of hundreds of new jobs as it develops the oil and gas industry

A more permanent integrated type of immigration for the Falkland Islands is a strong message that has come out of a consultation with Falklands residents, in the preparation for a socio-economic study of oil and gas development in the South Atlantic British Overseas Territory.
Wednesday, July 3rd 2013 - 11:45 UTC
Rockhopper: High Court confirms the cancellation of the Company's Share Premium Account

Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas company, announces that at a hearing today, the Companies Court of the Chancery Division of the High Court of Justice confirmed the cancellation of the Company's share premium account (“Cancellation of Share Premium Account”). The Cancellation of the Share Premium Account is expected to become effective tomorrow, 4 July 2013.
Tuesday, June 11th 2013 - 05:12 UTC
Falkland Islands Holdings results confirm success of South Atlantic oil industry

Falkland Islands Holdings' shares rose on Monday after it posted an increase in underlying pre-tax profits and looked forward to 'an exciting future'. FIH reported underlying pre-tax profits of £3.29m for the year to the end of March - 1.9% up on last time.
Friday, May 3rd 2013 - 03:29 UTC
Falkland Islands as oil-producing country: boon or blight?

For some, the prospect of the Falkland Islands becoming an oil-producing country creates exciting visions of opportunity, while for others it seems like a nightmare. What is certain is that oil, like sheep and fishing before it, will inevitably bring changes to both our wealth and our way of life.