News

December 24, 2008

No Drilling Dates Yet As Falkland Oil & Gas Embarks On Site Survey Work

For those waiting on drilling news, it was probably not quite what they wanted.

But in an operations update from Falkland Oil & Gas (FOGL) the company did show that it is now doing all it can in readiness for when the rigs finally arrive.

FOGL owns extensive licence areas to the south and east of the Falkland Islands in the south Atlantic, an area that represents something of a remote outpost even for the oil industry, a business well known for its adventurous spirit.

This frontier acreage has shown huge potential from preliminary work but is yet to...