Desire Petroleum Company News

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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
Desire Granted Extension for Falkland License
Desire Petroleum plc announces certain changes to its Production Licenses following approval received from the Executive Council of the Falkland Island Government.
8:00 PM EST | October 30, 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
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
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
Desire: Rig Contract for Ocean Guardian Amended
Desire announced that the rig contract with Diamond Offshore for use of the Ocean Guardian for operations in the North Falkland Basin has been amended.
8:00 PM EST | November 02, 2011
Desire Names New Non-Exec. Director
Desire announced that Graeme Thomson, FCA, will join the Board as an Independent Non-Executive Director and Chairman of the Audit Committee.
8:00 PM EST | July 14, 2011
Desire Completes Seismic Acquisition Program in Falklands
Desire's 3D seismic acquisition program is now complete and the full-fold area of coverage is approximately 1416 square kilometers in Tranches C, D, F and adjacent open areas.
8:00 PM EST | May 30, 2011
Desire Drills Duster at Ninky Well
Desire advised that the 14/15-3 well on the Ninky prospect has reached a total depth operations will now be completed and the well will be plugged and abandoned.
8:00 PM EST | April 17, 2011
Desire Appoints New Exploration Director
Desire announced the appointment of Mr. Ken Black as Exploration Director.
8:00 PM EST | March 29, 2011
Desire Spuds Ninky Well
Desire announced that the 14/15-3 exploration well on the Ninky prospect has spudded.
8:00 PM EST | March 28, 2011
Desire Says Hello to New Finance Director
Desire announced that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director.
7:00 PM EST | January 04, 2011
Desire Drills Second Duster at Dawn/Jacinta Prospect
Desire advised that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 meters in pre-rift sediments.
7:00 PM EST | January 03, 2011
Desire Drills Duster at Jacinta Prospect
Desire advised that no hydrocarbons have been found in the Jacinta Prospect.
7:00 PM EST | December 28, 2010
Desire Spins Bit in North Falkland Basin
Desire advised that the Dawn/Jacinta 25/5-1 well was spudded at 14.40 hrs (GMT) on 18th December 2010.
7:00 PM EST | December 19, 2010
Desire Discovers Oil at Rachel North
Desire encountered 57 meters of net pay in multiple zones at the 14/15-2 Rachel North well using semisub Ocean Guardian.
7:00 PM EST | December 01, 2010
Desire Primes Bit at Rachel North
Desire Petroleum reported both regulatory and partner approvals have been granted for Desire to drill the 14/15-2 Rachel North well.
7:00 PM EST | November 08, 2010
Desire Faces Another Setback at Rachel Sidetrack
Due to a mechanical failure, clean out of the 14/15-1Z well sidetrack has not proved possible and therefore, not possible for Desire to obtain any wireline logging data.
8:00 PM EST | November 01, 2010
Desire Runs into Problems at Rachel Sidetrack
Desire was unable to reach the target depths in the first wireline logging run at the 14/15-1Z sidetrack well.
8:00 PM EST | October 31, 2010
Desire Reaches TD at Rachel Well
The Rachel 14/15-1Z well reached total depth and the process of pulling out of the drill hole is underway.
8:00 PM EST | October 27, 2010
Desire Secures Seismic Acquisition Services with Polarcus
Desire has signed a contract for marine seismic acquisition services with Polarcus for the use of the seismic vessel MV Polarcus Nadia.
8:00 PM EST | October 26, 2010
Desire Drills Ahead at Rachel Sidetrack
The well is currently at 3,000 meters progressing towards the expected measured total depth of around 3,418 meters.
8:00 PM EST | October 25, 2010
Desire Drills Duster in North Falkland Basin
Desire's Rachel prospect has reached total depth and initial wireline logs show that no hydrocarbons were encountered.
8:00 PM EST | October 14, 2010
Desire Spins Bit in North Falkland Basin
Desire Petroleum announced that the Rachel 14/15-1 exploration well was spudded with semisub Ocean Guardian.
8:00 PM EST | September 27, 2010
Desire Petroleum Reports 1H10 Interim Results
Desire Petroleum announced its Interim Results for the six months ended June 30, 2010. "This drilling campaign in the North Falkland Basin (NFB) has started very positively," commented on the results, Stephen Phipps.
8:00 PM EST | September 12, 2010
Desire Posts '09 Results, Remains Upbeat on Falklands Program
Desire Petroleum announced its Preliminary Results for the year ended December 31, 2009.
8:00 PM EST | April 19, 2010
Desire Targets Deepest Play at Falklands Well
Desire provided a further drilling update on the Liz 14/19-1 exploration well, where wireline operations are continuing.
8:00 PM EST | March 31, 2010
Desire May Move on from Falklands Well
Desire Petroleum reported that the Liz 14/19-1 well, in the North Falkland Basin, has reached a depth of 3,570 meters and logging is underway.
8:00 PM EST | March 28, 2010
Argentina Raises Stakes in Falklands Oil Dispute
Argentina announced that boats carrying goods to the South Atlantic islands controlled by the UK will need Argentina's permission before crossing its waters.
7:00 PM EST | February 16, 2010
FOGL Finalizes Rig Contract for First Falklands Well
FOGL has reached an agreement with Desire Petroleum to contract the Ocean Guardian rig to drill the first ever exploration well in the East Falklands Basin.
7:00 PM EST | February 14, 2010
Oil Success Could Herald Sea Change for Falklands, Lift UK Firms
With new drilling about to kick off in the Falkland Islands, a major oil find could bring fresh business opportunities for the UK's oil and gas sector.
7:00 PM EST | February 09, 2010
AGR Gears Up for Major Falklands Drilling Campaign
AGR Petroleum Services off the Falklands Islands this month on behalf of two operators.
7:00 PM EST | February 07, 2010
Rockhopper Secures Rig for Sea Lion, Ernest Prospects
Rockhopper has been formally assigned two slots with the Ocean Guardian drilling rig to drill the Sea Lion and Ernest prospects during its forthcoming drilling campaign in the Falklands.
7:00 PM EST | February 01, 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
AGR Moves Ahead with Falkland Islands Drilling Program
AGR Petroleum Services will undertake a multi-well drilling program in the Falkland Islands on behalf of Desire Petroleum next year.
8:00 PM EST | October 04, 2009
Desire Taps Ocean Guardian for North Falkland Basin Program
Desire Petroleum formally signed a rig contract with Diamond Offshore for the use of the the Ocean Guardian semisub in the North Falkland Basin.
8:00 PM EST | October 01, 2009
Desire Petroleum Plans North Falkland Basin Drilling Campaign
Desire Petroleum has exchanged a letter of intent with Diamond Offshore for the Ocean Guardian semisub to undertake a four well minimum drilling campaign in the North Falkland Basin.
8:00 PM EST | September 09, 2009
Falkland Governor OKs Environmental Impact Statement for 2 Licenses
Desire Petroleum announced that the Governor of the Falkland Islands, acting on the advice of the Executive Council, has approved the Environmental Impact Statement for Licenses PL 006 and PL 007.
8:00 PM EST | August 24, 2009
Desire Nearing EIA Submission for Falkland, Ready to Negotiate for Rig
Desire Petroleum will soon submit the Environmental Impact Assessment covering its southern licenses in Tranches I and L and PL 034 to the Falklands Government for approval. Moreover, the company is in a strong position to negotiate a rig contract.
7:00 PM EST | February 09, 2009
Desire Petroleum Director Resigns from Post
Desire Petroleum plc, the exploration company focusing on the North Falkland Basin, has received the resignation request from its Director Lewis Clifton.
7:00 PM EST | February 03, 2009
Desire Petroleum Advances North Falkland Program
The past six months has seen a major advance in Desire Petroleum's exploration plans for the North Falkland Basin with the award of a new license, PL034.
8:00 PM EST | September 13, 2008
Falkland Islands Govt. Grants New Acreage to Desire, Arcadia
The Falkland Islands Government has approved a formal farm-out agreement and has granted Desire and Arcadia new acreage adjacent to Desire's existing acreage in Tranche I, in the North Falkland Basin.
8:00 PM EST | August 13, 2008
Desire Petroleum Completes Falkland Seismic Survey
Wavefield InSeis has completed the full site survey program on Tranches C, I and L as planned. The entire survey was successfully acquired in 6 days with no weather downtime.
7:00 PM EST | December 05, 2007
Wavefield Returns to North Falkland Basin for Site Survey
Desire Petroleum says that Wavefield InSeis will return to the North Falkland Basin later this month to complete the site survey program started earlier this year.
7:00 PM EST | November 19, 2007
Wavefield Acquiring 2D Data in North Falkland Basin for Desire, Rockhopper
Desire Petroleum plc said that Wavefield InSeis on Sunday commenced a contract to acquire high resolution 2D shallow-seismic data at a number of potential drilling sites, on its licenses in the North Falkland Basin.
8:00 PM EST | June 04, 2007
Desire Acquires Equipment for North Falkland Campaign
Desire Petroleum plc, the oil and gas exploration company wholly focused on the prospective North Falkland basin, on Wednesday announced an update on its activities.
7:00 PM EST | January 23, 2007
Desire Completes Falklands EIA Study
Desire's four-man team has recently completed a visit to the Falkland Islands during which the Environmental Impact Assessment for drilling in Tranches C and D in the North Falkland Basin was presented, as required by Falkland Islands Law.
7:00 PM EST | March 05, 2006
Rockhopper Completes Farm-in for Falkland Island Licenses
Rockhopper Exploration says the assignment of the 7.5% interest in the licenses has now been completed and Rockhopper now has a net interest in over 5900 square kilometers in the North Falklands Basin.
7:00 PM EST | January 04, 2006
Rockhopper Elects Not to Increase Stake in Falklands' Licenses
Rockhopper's view of the prospectivity of the Desire acreage has not changed, the Directors have decided to maintain the Company's farm in exposure to the Desire Petroleum operated licenses PL003 and PL004 at its current level of 7.5%.
7:00 PM EST | November 03, 2005
Desire Petroleum Identifies More Targets in North Falkland B
Desire Petroleum has identified seven drilling locations on Tranches C and D, in the North Falkland Basin. At four of these locations, dual targets have been identified, resulting in eleven prospects in total. These prospects have a potential of over two billion barrels of recoverable oil.
8:00 PM EST | May 11, 2005