Falklands oil: who's drilling where
There are five small British oil explorers drilling for oil in the Falklands Islands.
9:30PM BST 31 Mar 2012
CommentROCKHOPPER EXPLORATION
Market cap: £934m
Rockhopper’s Sea Lion oil discovery is the most advanced asset in the waters off the Falkland Islands
BORDERS AND SOUTHERN
Market cap: £293m
Test drilling on its Darwin prospect, off the south coast of the Islands, is due to be complete at the end of April
ARGOS RESOURCES
Market cap: £216m
Rhea, a 103m barrel target which shares seismic similarities to Rockhopper’s Sea Lion, is set to be the first to be drilled after interpreting 3D data
FALKLAND OIL AND GAS
Market cap: £206m
Described by one analyst as the “sleeping giant” of the frontier exploration companies on Aim, its giant Loligo prospect will be its first target
DESIRE PETROLEUM
Market cap: £101m
One-time darling of the Falklands, it disappointed investors in December 2010 after saying it did not make an oil discovery, days after it said it had
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9178464/Falklands-oil-whos-drilling-where.html
ARGOS RESOURCES
Market cap: £216m
Rhea, a 103m barrel target which shares seismic similarities to Rockhopper’s Sea Lion, is set to be the first to be drilled after interpreting 3D data
FALKLAND OIL AND GAS
Market cap: £206m
Described by one analyst as the “sleeping giant” of the frontier exploration companies on Aim, its giant Loligo prospect will be its first target
DESIRE PETROLEUM
Market cap: £101m
One-time darling of the Falklands, it disappointed investors in December 2010 after saying it did not make an oil discovery, days after it said it had
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9178464/Falklands-oil-whos-drilling-where.html
