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Falkland Explorers Confirm Oil Discovery with Isobel Re-Drill
A re-drill of the Isobel Deep well in the North Falkland Basin confirms 'commercial quantities' of recoverable oil.
7:00 PM EST | January 10, 2016
Premier Spuds Isobel-2 Well in North Falkland Basin
Premier Oil spuds the Isobel-2 well in the North Falkland Basin in the South Atlantic.
7:00 PM EST | November 22, 2015
Sound Oil Makes Board Changes
Sound Oil appoints 2 new non-executive directors following the resignation of Andrew Hockey and Gerry Orbell.
8:00 PM EST | September 27, 2015
FOGL: Drilling Restarts at Humpback, New Well for Isobel/Elaine Complex
Drilling recommences at the Humpback well, following the resolution of equipment issues which took longer than expected, and a new well is scheduled to be drilled on the Isobel/Elaine complex.
8:00 PM EST | September 24, 2015
FOGL: $1.95M Loss in 1H 2015, Humpback Well Delay
In its 2015 first half results, Falkland Oil and Gas Limited (FOGL) reveals a $1.95 million loss for the six month period ended June 30, 2015 and announces a delay to the Humpback well program.
8:00 PM EST | August 24, 2015
Minister: Argentina Will Pursue Judge Order on Falklands Drillers
Argentina will pursue in Britain and the US a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the foreign minister says in an interview with local media.
8:00 PM EST | June 27, 2015
FOGL Spuds Humpback Well
Falkland Oil and Gas Limited (FOGL) announces that the Humpback exploration well, offshore the Falkland Islands, was spud on June 13, 2015.
8:00 PM EST | June 14, 2015
Falkland Oil Driller to Press on Despite Argentina Legal Threat
Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands.
8:00 PM EST | June 04, 2015
Falklands Oil Drillers Scale Back after Price Slump
Oil explorers drilling in the Falkland Islands shelve plans to drill a second well in the southeast Falklands following the steep drop in oil prices.
8:00 PM EST | April 12, 2015
Falkland Oil and Gas Makes Progress Ahead of 2015 Drilling Campaign
Falkland Oil and Gas Limited continues to interpret seismic data and contracts a rig ahead of its 2015 drilling campaign off the Falkland Islands.
8:00 PM EST | September 15, 2014
Noble Completes 3D Seismic Survey Offshore Falkland Islands
2,200 square miles of 3D seismic data collected over Northern Area licenses, offshore the Falkland Islands.
7:00 PM EST | February 23, 2014
Falklands License Farm-ins Completed
Three companies involved with exploration around the Falkland Islands complete a farm-in deal concerning two licenses.
7:00 PM EST | December 08, 2013
Third 3D Seismic Survey Begins Southeast of Falkland Islands
Noble Energy is conducting the third 3D seismic survey to take place over licenses that are south and east of the Falkland Islands.
7:00 PM EST | November 07, 2013
Falkland Explorers Join Forces Ahead of New Drilling Round
Falkland Oil and Gas, Desire Petroleum, Rockhopper and Premier Oil join forces ahead of a five-well drilling campaign around the Falkland Islands.
8:00 PM EST | October 02, 2013
Falkland Islands 3D Seismic Survey Completed
Falkland Oil and Gas reports that a 3D survey over its Southern Area licenses has been completed.
8:00 PM EST | June 05, 2013
Falkand 3D Seismic Survey Completed
Falkland Oil and Gas reports the completion of a 3D seismic survey in its southern area licenses.
8:00 PM EST | April 15, 2013
Leiv Eiriksson Rig Heads Back to Norway after Falklands Drilling
After Falkland Oil and Gas's Scotia well is plugged and abandoned, the Leiv Eiriksson rig heads back to Norway.
7:00 PM EST | December 05, 2012
FOGL: Scotia Results Do Not Confirm Commercial Discovery
Falkland Oil and Gas's Scotia well encounters strong gas shows but data gleaned from the well does not confirm a commercial discovery.
7:00 PM EST | November 26, 2012
FOGL Recommences Drilling at Scotia Well
Drilling re-commences at the Scotia well after making necessary repairs to the BOP, says FOGL.
7:00 PM EST | November 06, 2012
Noble Energy: Offshore Oil Production in Falklands May Start by 2018
Noble Energy executives say oil production in the Falkland Islands could begin in about six years if an exploration well proves to be successful.
8:00 PM EST | October 11, 2012
Falkland Oil and Gas Spuds Scotia Well
FOGL spuds the Scotia well 195 miles east of the Falkland Islands.
8:00 PM EST | September 24, 2012
FOGL Hits Gas Pay at Loligo Well
The results demonstrate that the Loligo well is a viable stratigraphic trap.
8:00 PM EST | September 16, 2012
US Firm Gets Involved in Falklands Drilling
As Falkland Oil and Gas spuds its Loligo well near the Falkland Islands, the firm announces that Noble Energy is farming into Falklands exploration.
8:00 PM EST | August 05, 2012
Semisub Leiv Eiriksson to Start Loligo Drilling
Borders & Southern announces that semisub Leiv Eiriksson has completed its 2012 drilling program.
8:00 PM EST | July 30, 2012
Borders Abandons Falklands Well
Borders & Southern Petroleum is plugging and abandoning its Stebbing well south of the Falkland Islands because after failing to find commercial hydrocarbons.
8:00 PM EST | July 15, 2012
Premier Oil Farms Into Rockhopper's Falklands Licenses
Premier pays an initial $231 million to Rockhopper for a 60-percent interest in its Falkland licenses.
8:00 PM EST | July 11, 2012
Falkland Oil and Gas Farms Out Licenses to Edison
FOGL's farm-out move highlights European political support for drilling in the Falklands, says analyst.
8:00 PM EST | June 25, 2012
Borders & Southern Finds Hydrocarbons South of Falkland Islands
Borders says it has made a significant gas condensate discovery, but questions remain as to its commerciality.
8:00 PM EST | April 22, 2012
Argentina Warns Stock Exchanges Over Falkland Oil Drilling
Argentina's Foreign Ministry has formally notified stock exchanges in London and NY that it will pursue charges against cos exploring for oil in waters surrounding the disputed Falkland Islands.
8:00 PM EST | March 21, 2012
FOGL to Farm-Out Falkland Stake
FOGL announced the execution of an option to enter into a farmout agreement which, if exercised, would provide FOGL with greater financial flexibility in respect of its current and forward programs.
8:00 PM EST | March 19, 2012
Argentina to Take Measures Against Falklands Oil Exploration
Argentina's Foreign Ministry said it will take measures against what it describes as the "illegal" exploration for O&G in the waters surrounding the disputed Falkland Islands.
8:00 PM EST | March 14, 2012
Falkland Islands: Oil Opportunity Amid Rising Diplomatic Tensions
There could be 8 Bboe in the S. Falkland Basin, but the search for oil is just one of many "provocations" that Argentina says it is having to contend with as it maintains its sovereignty claim over Las Malvinas.
7:00 PM EST | February 15, 2012
FOGL Briefs Interim Results for 1H11
FOGL announced its Interim Results for the six months ended June 30, 2011.
8:00 PM EST | September 06, 2011
FOGL Anticipates Falkland Drilling to Commence in 1Q12
FOGL expects that semisub Leiv Eriksson will arrive in the 4Q11 and drilling will commence in the first quarter of 2012.
8:00 PM EST | June 07, 2011
FOGL Secures 2 Drilling Slots Offshore Falklands
FOGL has signed an assignment agreement and associated documents with Borders & Southern and Ocean Rig 1 to contract the Leiv Eiriksson for two firm drilling slots.
8:00 PM EST | May 18, 2011
FOGL Signs Heads of Agreement for Falklands Deepwater Drilling Program
FOGL has signed heads of agreement with Borders & Southern Petroleum to share a rig to drill in the first half of 2012.
8:00 PM EST | April 18, 2011
BHP Billiton Hands Reins to FOGL Offshore Falklands
BHP Billiton and FOGL have signed an agreement for the exit of BHP Billiton from the Northern license area and will transfer operatorship to FOGL.
8:00 PM EST | March 30, 2011
FOGL Reports Strong 2010 Results
"2010 was a landmark year for FOGL in which we drilled our first well, the first exploration well ever drilled on the East Falklands Basin," Richard Liddell.
8:00 PM EST | March 14, 2011
FOGL to Undertake Seismic Survey Offshore Falklands
FOGL announced an exploration update with respect to its license interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licenses.
7:00 PM EST | January 18, 2011
Drilling Delayed at FOGL's Falkland Licenses
FOGL noted changes to its license arrangements with the Falkland Islands Government for its northern and southern license areas.
8:00 PM EST | September 27, 2010
FOGL Highlights First Half Operational, Financial Results
"The first half of 2010 has been a period of great progress for the Company, in which we drilled the first well on our license area," said Richard Liddell.
8:00 PM EST | August 17, 2010
Toroa Results Disappoint Falkland O&G
FOGL confirmed that the Toroa F61/5-1 exploration well has been drilled to a total depth and logging operations have now been completed.
8:00 PM EST | July 11, 2010
Falkland O&G Spuds Toroa Exploration Well
Falkland O&G announced that the Toroa F61/5-1 exploration well spudded on Monday, May 31, 2010.
8:00 PM EST | May 31, 2010
UK Firms Mobilize in New Falklands
Analysts say that as much as 60 billion barrels of high-grade oil could be found in the 200-square-mile economic zone surrounding the Falkland Islands.
7:00 PM EST | January 24, 2010
Falkland Oil & Gas Completes Placing
"We are delighted to have raised the capital necessary to fully fund our planned exploration program and look forward to completing the contractual rig arrangements to commence an exploration program in 2010," said CEO Tim Bushell.
7:00 PM EST | November 26, 2009
FOGL Places Shares to Raise Additional Working Capital
FOGL has conditionally raised the funds to provide additional working capital for long-lead drilling equipment and general and administrative costs through 2010 and into 2011.
8:00 PM EST | May 19, 2009
FOGL Names New Exploration Director to Board
FOGL has appointed Colin More, currently Exploration Manager for FOGL, to its Board as the Exploration Director, effective immediately.
8:00 PM EST | March 17, 2009
FOGL Collects Seismic Data Offshore Falkland Islands
A seismic survey offshore the Falkland Islands was recently completed, and FOGL will utilize the data acquired to undertake well designs. The data will also be included in an EIA to be submitted soon for regulatory approval.
7:00 PM EST | February 22, 2009
Site Survey Program Commences Offshore Falkland Islands
The MV Fugro Meridian survey vessel has commenced work for FOGL's site survey program offshore the Falkland Islands.
7:00 PM EST | December 15, 2008
FOGL Cites Interim Results, Upcoming 2009 Drilling Program
FOGL releases its Interim Results for the first half of 2008. The Company and its partner, BHP Billiton, are in the process of securing a rig for its upcoming drilling program, which will commence in the second half of 2009.
8:00 PM EST | September 22, 2008