Tag: Toroa

• Tuesday, April 19th 2011 - 16:11 UTC

  Falkland Islands’ 2012 oil exploration drilling round announced by FOGL

  

  Falkland Oil and Gas Ltd plans to raise £32m through a placing of shares at 70p each, with the money earmarked for the oil and gas exploration company’s 2012 drilling program, according to a release from the company heavily involved in exploration to the South and East of the Falkland Islands.

• Thursday, March 17th 2011 - 05:30 UTC

  FOGL has identified large prospects for exploration in the South Falkland Basin

  

  London listed Falkland Oil and Gas says that its negotiations to secure a deep water rig are at an advanced stage as it seeks to drill the large prospects it has identified across the South Falkland Basin.

• Wednesday, January 19th 2011 - 09:18 UTC

  Falkland Oil & Gas Limited Exploration Update

  

  FOGL, the oil and gas exploration company is pleased to announce an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is operator.

• Monday, January 17th 2011 - 23:22 UTC

  Falklands: FOGL prospects show promise, says broker

  

  FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.

• Monday, July 12th 2010 - 21:40 UTC

  First oil drill in south of Falklands ‘disappointing’, but company keeps to program

  

  The first well to be drilled at the south of the Falkland Islands proved to be a disappointment, Falkland Oil and Gas Ltd, FOGL, officially announced to the London Stock Exchange.

• Monday, July 5th 2010 - 09:22 UTC

  Falkland Oil and Gas: Further Update on Toroa F61/5-1 Exploration Well Spud

  

  FOGL had been expecting to announce preliminary results of the well during this week; however, there have been some further delays due to some minor operational issues and weather related downtime.