http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

given that 2/3 years was deemed exceptionally short - it was either TLW or AFR, but I forget which - I would have thought 2015 (4/5 years from discovery) to be not unreasonable

It is interesting to note a slight change of direction with RKH.

They started life as an exploration company; they explored and found what they were looking for. That has given them by far and away the greatest advantage in the NFB.

However we now hear more and more about production and field development. I appreciate it is always difficult to say where one process stops and the next continues but I, perhaps mistakenly, thought that when they knew the scope of this particular asset they would be in take over talks with a global producer for the production process. That was where I thought the sp would be so good as to call 'time' on what has been a long but profitable ride.

It appears that if they go into the production game then I shall have to wait much longer

Hal if they had skates on could be within 2014+ also depends if they get a partner with production experience also with money in hand could affect the timing.

RKH must have companies wanting to partner them maybe a few more appraisal well drilled someone might show there hand the board have already called Sea Lion commercial so we are awaiting the official line with the CPR report.

very disappointing

Someone got out of bed the wrong way.

BHP officials were aboard the OG during the flow rate test of Sea Lion...intresting times.

That is interesting! However had it been BP then we might have seen more favourable activity this morning!

you mean no repetition of the daily `claret` we see?

http://online.wsj.com/article/BT-CO-20110705-712085.html

JULY 5, 2011, 6:00 P.M. ET.

Argentina's YPF Offshore Well In Cuenca Malvinas Area Turns Out Dry .

A historic milestone on Argentina's road to nowhere.... does make you laugh.

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Hal not sure if you picked up on a meeting that took place on Wednesday 25th May at
Chamber of Commerce in the Falklands.

Rockhopper Exploration, in partnership with the Department of Mineral Resources, AGR and Diamond Offshore, invites members of the public to a presentation entitled Offshore Oilfield Development which will consider how the oil industry might approach the development of an offshore oilfield using a floating production, storage and offloading facility (FPSO).

It was a intresting meeting plans are been made for the future.

mnamreh would be nice to think so,am sure someone will show there hand before long.Makes sence with BHP there as they sit at most of the meetings when held there.

marky thanks for the info, this is the route AFR and others have taken rather expensive if you don't own the FPSO.

I know there will be much better informed people out there making the decisions thankfully. However having five years experience of the seas around the FI (including having being on a well-found ship having to put out a Mayday once in the worst seas I have ever seen) I do have concerns for the FPSO concept in this part of the world.

I conducted aerial surveys of Barclay Sound for just such a facility before the existence of Mare Harbour but I would imagine that the residents will want to keep potential contamination during loading well away from the islands prolific wildlife.

what is the alternative, a pipeline?

It'll be probably be like Hardman Resources (Tullow Oil) mauritanian development with a tanker-barge that hooks up to the rig, that sort of thing....

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Halifax
As I said there are better qualified people than I but would have thought that it would be a safer (ecologically) bet. It is well north of any interference from the huge Antarctic icebergs that pose a threat in the Far South.

As to where one would have this in the FI is a much bigger question. Logistics would seem to favour the Southern coast but again Barclay Sound is large and deep enough. San Carlos Water might be marginally closer as would Salvador which at least has a road across Camp to Mount Pleasant.

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