Tag: Tim Bushell

• Thursday, October 3rd 2013 - 19:36 UTC

  Falklands’ ‘FOGL and Desire Combination’ prepare to drill five wells next year

  

  Falkland Oil & Gas is to buy a smaller Falklands-based firm to create a “combination” company with licences to search for oil both to the north and south of the Falkland Islands in the South Atlantic. FOGL said on Thursday it had agreed to buy Desire Petroleum offering 0.6 FOGL “consideration” shares for each Desire share, in a deal valuing Desire at 61 million pounds (99 million dollars).

• Wednesday, December 12th 2012 - 18:09 UTC

  Oil company begins 3D seismic surveying to the south of the Falkland Islands

  

  Falkland Oil and Gas Limited oil and gas exploration company has commenced an important 3D seismic survey operation in the south of the Falkland Islands, where the company has extensive licence areas.

• Thursday, December 6th 2012 - 21:09 UTC

  FOGL ends drilling program in south Falklands; begins further seismic surveying

  

  Falklands Oil & Gas (FOGL) announced Thursday it had abandoned its Scotia exploration well in the south basin after disappointing results, thus completing its 2012 two-well drilling (Loligo and Scotia) program in the Falkland Islands.

• Tuesday, November 27th 2012 - 12:35 UTC

  Poor quality hydrocarbons in south/east Falklands; new round of 3D program begins

  

  Falkland Oil and Gas Ltd. (FOGL) focused on exploration in areas to the South and East of the Falkland Islands reported on Tuesday that the well drilled at its Scotia prospect discovered poor quality hydrocarbons.

• Tuesday, October 23rd 2012 - 01:37 UTC

  US oil company team visit Falklands to assess industry’s infrastructure support

  

  US based Noble Energy and farm-in partners with Falkland Islands Oil and Gas (FOGL) visited the Falklands to meet with their partners and the Falklands government and to assess in-situ the oil related infrastructure.

• 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.

• Monday, August 6th 2012 - 21:18 UTC

  US Noble Energy farms in to explore for oil in east and south Falklands’ waters

  

  London AIM listed Falkland Oil and Gas announced it has reached an agreement to farm out a 35% stake in most of its Falkland Islands’ exploration licenses to the US Noble Energy to help fund its drilling plans off the Islands.

• Wednesday, May 23rd 2012 - 01:16 UTC

  Falkland Oil & Gas expects farm-in deal with “a listed independent” firm

  

  The political noise stirred up by Argentina over the Falkland Islands will not deter big energy firms from investing in the region if there is enough oil found to make it worthwhile, said the chief executive of exploration company Falkland Oil & Gas.

• Tuesday, March 20th 2012 - 17:21 UTC

  Falkland Oil and Gas in farmout agreement involving license areas and cash

  

  The exploration company Falkland Oil and Gas Ltd. (FOGL) has entered a farmout agreement with an unnamed party for its licenses south and east of the Falkland Islands.

• Tuesday, January 17th 2012 - 06:54 UTC

  Rockhopper shares soar as talks for a partner in Falklands’ oil operation advance

  

  Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.