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Yeah Proselenes, I read most of that big long reply. Most of it went over my head, but you said condensate is more valuable than oil.. WTF.

Condensatte isn't more valuble than oil, that's why BOR share price fell so much when they realized that Darwin was condensate

Facepalm

FSM, it is more valuable than oil !!

Read the highlighted part in this Reuters article below.


http://af.reuters.com/article/energyOilNews/idAFL5E8FN0JF20120423


UPDATE 1-Borders and Southern makes new Falklands discovery

Mon Apr 23, 2012 6:48am GMT Print | Single Page [-] Text [+]

* Finds valuable gas condensate south of disputed islands

* Says likely to contain 'significant volumes'

LONDON, April 23 (Reuters) - Explorer Borders & Southern said it made a significant discovery of gas condensate off the coast of the Falkland Islands, adding to hopes that the British-governed archipelago will be transformed into a new oil producing region.

The search for oil in waters off the remote islands has angered Argentina, which claims the territory and has sought to disrupt the exploration with legal threats and shipping curbs, in the year which marks the 30th anniversary of a war it fought with Britain over the islands it knows as the Malvinas.

Borders & Southern said on Monday that a well drilled on the Darwin prospect off the south coast of the Falklands found valuable gas condensate, a liquid which often trades at a premium to crude oil.

"It is too early to give an accurate resource estimate, but this large simple structure, with a seismic amplitude anomaly measuring 26 square kilometres, is likely to contain significant volumes," the company said in a statement.

Oil was found to the north of the Falklands by another British firm, Rockhopper Exploration, two years ago and the company is working to bring in a partner to help develop the find and turn the South Atlantic islands into an oil producer.

A second find in the islands could help make the logistics of developing the fields easier.

The discovery of condensate in the Falklands comes at a time of Argentinean focus on its own oil and gas resources. The country controversially nationalised oil f......................

Only an idiot would say condensate is not as, if not more, valuable than oil.


Perhaps you are confusing "condensate" with LNG...........

I was very surprised to see that there was no hype whatsoever about Stebbing.. not a thing.. no rise in sp in anticipation, nothing. Even more so after hearing Proselenes saying that its "inside the gas window" I certainly hope this won't be the case for subsequent wells drilled for FOGL

Where does Proselenes get those wonderful maps from anyway??????????

CFDs are a mug's game because ....?

Over exposing yourself with money you do not have.

who says? .... anyway, you keep telling us all that you like to gamble in order to make lots and lots of profits, and that's the only way to do it, so make your mind up!

cynic, no thats incorrect. I like to take risk and make lots of money, but controlled risks with limited loss potential.

you can do that with shares, s/b and cfds

Liquid frozen gas is tranported from Qatar all the way to the UK and unloaded I think at Port Talbot in South Wales....the UK's dependence on imports of such kind would be greatly reduced with transportation from the Falklands.....the fact remains that FOGL have a pretty good chance of hitting something commercial if tied in with BOR's discovery or discoveries if Stebbing comes in right with more gas or oil.....so a sp rise beyond the 100's is on the cards for FOGL's sp in the run up to the Loligo spud !...in my view...

LNG is like oxygen, nitrogen, argon, ethylene, helium etc which turn to liquid if chilled sufficiently ...... to maintain this temperature, the liquid is then transported in double-skinned containers - along the lines of a vacuum flask, but much more sophisticated as the liquefied gas has to be maintained at the very low temperature for the period of the transit.

cynic lol mate never knew you hsd so much technical but good info cheers

inter alia, we lease 20' and 40' tank-containers to move this stuff by road, rail and ship .... it's a fun biz and though i'm not a techie, i know at least a bit

Looks like preparations are being made for Stebbing results and then FOGL's Loligo and Scotia.

The big plays are now "in play".


http://www.thesun.co.uk/sol/homepage/news/4327433/England-v-Argentina-we-bring-on-the-sub.html


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pro good stuff but the city is scared witless of the argie location due to the MAD argie premier atb

Gibby , i think your very wrong about the City scared witless of the Argie barrgie from that Premier. In my opinion she's just trying to divert attention away from her Economic woe's by waving the Malvinas flag!

Falklands are now much better defended than 30 years ago, the Argie's equipment is still very old hat and just no match to the fire power than Britain can muster against them, so sleep easy everybody!

mcg i disadgree mate true 4 typhoons and back up 1 destroyer with multiple abilty to take out 160 aircraft at one hit plus 20 sas and about 1500 soldiers however the sa nations are with them gl

mcg and the econonics usa already said no to help dont forget brazil global annual trade now 6th above uk

Broths, aren't we going off the gigs ?..by worrying about argie and his wigs...?.....back on the ball guys....it's foilkies and the oilies !...a rise in sp's just has to come...great prospects read....great drills ahead....

rf maybe you right but ihave friends in gov who say no the US will not support this time atb