Tag: South Falkland Basin

• Saturday, March 5th 2022 - 09:54 UTC

  Falklands exploration company raising funds to appraise and develop a gas condensate discovery

  

  Borders & Southern Petroleum PLC said on Friday that it intends to conduct fundraising of up to US$1.8 million to appraise and develop its Darwin gas and condensate discovery in the Falkland Islands.

• Tuesday, August 25th 2015 - 20:09 UTC

  Falklands' Humpback exploration well results delayed until September

  

  Falkland Oil & Gas Ltd told investors that drilling of the deep water Humpback exploration well in South Falkland basin has run into delays. They were described as ‘unforeseen equipment and operational issues’ and it has added just over a month to the schedule – to about 100 days from 65 planned days – so the well results are now expected during September.

• Tuesday, May 12th 2015 - 22:03 UTC

  Falklands' Isobel Deep drilling operations have recommenced

  

  Energy company Rockhopper Exploration and Falkland Oil and Gas Ltd., have announced that drilling operations at Isobel Deep well have recommenced. Isobel Deep is located in the North Falklands basin and is part of the current round of drilling in Falklands' waters.

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

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

  

  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.

• Tuesday, February 3rd 2015 - 00:10 UTC

  Falklands' oil drilling program confirmed; rig from Western Africa on its way

  

  Falkland Oil and Gas Ltd has confirmed that the Eirik Raude rig has commenced mobilization from West Africa to the Falkland Islands for the 2015 drilling program, which will be operated by Premier Oil and Noble Energy.

• Wednesday, June 18th 2014 - 08:15 UTC

  Falklands gas condensate discovery shows potential for wider distribution

  

  Borders & Southern Petroleum PLC said on Tuesday that new data on the Darwin gas condensate discovery in the Falkland Islands show the potential for wider hydrocarbon distribution.

• Thursday, April 11th 2013 - 00:35 UTC

  Falklands’ oil company completes 3D seismic program and is planning next drilling campaign

  

  Borders & Southern announced this week it has completed the 3D seismic program in the South Falkland Basin offshore the Falkland Islands. The group acquired 1,025 sq km of full fold seismic data collected by the ‘Ramform Challenger’, which will be processed by Petroleum Geo-Services.

• Wednesday, January 9th 2013 - 16:50 UTC

  Argos Resources storms ahead of its Falklands’ oil drilling rivals

  

  Argos Resources the only Falklands explorer to not drill a well has had the most successful year of them all in share price terms. Results of interpretation of 3D seismic data are encouraging with a number of prospects identified and the company is looking for industry partners to take exploration drilling forward. Year to date share price performance: up 107.92% at 24.95p.

• Friday, August 10th 2012 - 07:03 UTC

  Falklands, an “excellent investment destination” for the oil industry

  

  The Falkland Islands Government has welcomed the news of a farm-in agreement between Falkland Oil and Gas Ltd and US based Noble Energy which was announced on Monday and confirms the Falklands as an “excellent investment destination”.

• Friday, May 11th 2012 - 15:20 UTC

  Borders & Southern begins drilling its second well to the south of the Falklands

  

  Falkland Islands exploration company Borders & Southern (AIM: BOR) announced the spudding of its second well, 61/25-1, on 11 May 2012. The well is located 170 km south of the Falkland Islands.