Falklands' new dawn: islanders plan future around oil

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Bandidoz
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Post by Bandidoz »

1982 again? I don't think so. Since their economy collapsed (1997?) I doubt they'd be able to afford many exocets.
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emordnilap
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Post by emordnilap »

careful_eugene wrote:Where's RGR when you need him?
Need?
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Mark
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Post by Mark »

Falklands oil firm Rockhopper claims discovery:
http://news.bbc.co.uk/1/hi/business/10100769.stm

One of the oil and gas companies currently drilling off the coast of the Falkland Islands says it may have struck oil.

Rockhopper Exploration said that initial data collected from one well "indicated an oil discovery". The find would be the first in North Falkland Basin, the area north of the islands currently being explored.

Continues.....
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PS_RalphW
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Post by PS_RalphW »

That is about as understated as I have ever heard an oil company press release.

http://www.rockhopperexploration.co.uk/ ... _FINAL.pdf

The well has a total of 53 metres of oil bearing shale and sand with an average porosity of 19%.

No idea if it will prove economic, but SA 2 or even NS 2 it is not.
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PS_RalphW
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Post by PS_RalphW »

An 'Exceptional' oil find in the North Sea - maybe enough to power the
world for more than 3 days!

http://news.bbc.co.uk/1/hi/scotland/nor ... 434538.stm

The best find in decade.
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dmorm
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Post by dmorm »

18 billion barrels at 85 million barrels per day = just over 200 days of world crude supply?
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Aurora

Post by Aurora »

The Guardian - 19/08/10

Rockhopper Exploration's latest well comes up dry, giving Falklands oil hopes another setback.

Article continues ...
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syberberg
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Post by syberberg »

Aurora wrote:
The Guardian - 19/08/10

Rockhopper Exploration's latest well comes up dry, giving Falklands oil hopes another setback.

Article continues ...
Not necessarily, Sea Lion is a success: Rockhopper Reports 1Q10 Operational Results.
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