Falkland Islands
Falkland IslandsArgos Resources raised £ 22 million for hydrocarbons exploration in Falklands
Argos Resources with exploration licences in the North Falkland Basin expects its shares to be admitted to trading on AIM on Thursday 29 July. Argos Resources has raised £22 million (£20.6 million net of costs) in a placing of new ordinary shares at 31 pence per share which will give the company a market capitalisation of £67 million.
Rockhopper spuds second well in Falklands North Basin
Rockhopper Exploration (AIM: RKH) announced that on Friday early morning it had spudded Ernest 26/6-1 exploration well in the North Falkland Basin, the second well the British company is drilling following the successful discovery of oil in its Sea Lion prospect.
Argentina walks out of Prosecutors organization to protest Falklands’ membership
Argentina walked out of the International Association of Prosecutors, IAP, because the Falkland Islands were admitted as a full member of the organization according to press reports from Buenos Aires.
Falklands’ oil exploration continues with Rockhopper ready to drill second well
Rockhopper Exploration the only company so far to have announced the discovery of oil in Falklands’ waters is preparing to spud its second well in the North Falkland basin, the company announced in a release.
Argentina blockading the Falklands with “no respect for Islanders human rights”
The Falklands Chamber of Commerce claims that Argentina has in effect imposed a sea-blockade of the civilian population of the Falklands with no respect whatsoever for the human rights of the Falkland Islanders, while at the same time it cynically promotes commitment to human rights on the world stage.
Falklands FCO official steps in to help Islander mum and new baby home from Chile.
A young Falklands mum, and her prematurely born baby, who found themselves immobilized in Chile due to documentation problems, have made it home thanks to a determined mother and a Government House official.
Falklands’ oil exploration to continue with second Rockhopper drill
Oil fortunes ebbed and flowed this week as one exploration company abandoned its well, another looked forward to a second bumper find, and a new player joined the race for black gold in Falklands’ waters.
Snowy Falklands’ remembrance for special Forces’ thinking mans warrior’
IN a freezing mountainside ceremony on East Falkland Islands today British Special Forces veterans and Falkland Islanders paid tribute to a Special Boat Service Sergeant killed on June 2, 1982.
Argos warned by Argentina to abstain from drilling in the Falklands or…
Argos Resources the latest company to announce it will begin oil exploration operations offshore the Falkland Islands was sent a letter by the Argentine embassy in London warning it “to abstain” from such activities otherwise “it will face legal actions”, according to reports in the Buenos Aires press.
Deepwater oil rig needed to drill in Falklands’ southern waters, confirms FOGL
Falkland Oil and Gas (FOGL) will press ahead with its drilling program offshore the Falkland Islands despite reporting that its Toroa F61/5-1 exploration well was dry. However FOGL, which is associated with Anglo-Australian mining giant BHP Billiton, said it will work first towards contracting a deepwater rig.
