8 Jun 2015 09:12
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Don't have an account? Click here to register.Argentine judge orders seizure of assets of companies operating in the Falklands
Sun, 28th Jun 2015 10:13
A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration.The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and Edison International Spa.The assets, which include boats and other equipment, are worth $156m.The order accuses the companies of "illegal activities of exploration, search and eventual extraction of hydrocarbons in proximity to the Falkland Islands", saying they did not obtain permits issued by "the competent authority in Argentina".A statement released by the prosecutor's office said: "The foreign ministry will be notified of the court order so that by diplomatic means and in compliance with international treaties it can be carried out."None of the five companies are based in Argentina, which has claimed sovereignty of the islands, calling them the Malvinas Islands.
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8 Jun 2015 05:33
5 Jun 2015 15:03
5 Jun 2015 14:26
Falkland oil driller to press on despite Argentina legal threat
LONDON, June 5 (Reuters) - 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. A group of oil drillers, which also include Premier Oil , Edison, Noble
Read more5 Jun 2015 05:21
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3 Jun 2015 15:03
1 Jun 2015 05:00
RPT-UPDATE 1-Rare run of oil finds is little respite for price-hit explorers
(Repeats May 29 story with no changes) * Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron B
Read more29 May 2015 14:19
UPDATE 1-Rare run of oil finds is little respite for price-hit explorers
* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w (Adds table, corrects spelling in paragraph 18) By
Read more29 May 2015 13:10
Rare run of oil finds is little respite for price-hit explorers
* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron Bousso LONDON, May 29 (Reuters)
Read more28 May 2015 07:46
Premier, Rockhopper and Falkland gain on Isobel Deep oil discovery
Shares in Premier Oil, Rockhopper Exploration and Falkland Oil & Gas gained on Thursday after the companies announced an oil discovery at the Isobel Deep exploration well in the North Falkland Basin, approximately 30km south of the Sea Lion field. Falkland Oil & Gas and Rockhopper are partners in th
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