Rockhopper
The British company said today that the oil found in the Falklands by the Ocean Guardian rig is high quality. Rockopper
The finding, announced yesterday, was the first study in the framework of hydrocarbon exploration in the South Atlantic archipelago is severely challenged by Argentina and sparked an escalation in bilateral relations between the country and Great Britain.
"The records clearly indicate that we have found a reserve of high quality, high porosity and permeability," said director manager of the company, Samuel Moody. Rockhopper
shares today rose over 47 percent in the London market, having jumped more than 150 percent on the eve after the discovery of oil in the well 14/10-2 Sea Lion.
Analysts estimated that there could be some 2 million barrels in the reservoir.
In March, Desire company had already announced the discovery of a gas in a well called Liz, also in the northern basin, but said he had left because the reserves were of poor quality. Following the announcement of Rockhopper, Desire Petroleum securities rose 11.38 percent today.
yesterday through a statement signed by Foreign Minister Jorge Taiana, the Government came to the crossing of the find and the whole of the British oil and gas activity in the disputed area, which felt like "an illegal act that goes against international law and UN resolutions united. "
In the text of the Foreign Ministry, Argentina "rejects in the strongest terms the attempt to seize illegally from non-renewable natural resources owned by the Argentine people."
The finding, announced yesterday, was the first study in the framework of hydrocarbon exploration in the South Atlantic archipelago is severely challenged by Argentina and sparked an escalation in bilateral relations between the country and Great Britain.
"The records clearly indicate that we have found a reserve of high quality, high porosity and permeability," said director manager of the company, Samuel Moody. Rockhopper
shares today rose over 47 percent in the London market, having jumped more than 150 percent on the eve after the discovery of oil in the well 14/10-2 Sea Lion.
Analysts estimated that there could be some 2 million barrels in the reservoir.
In March, Desire company had already announced the discovery of a gas in a well called Liz, also in the northern basin, but said he had left because the reserves were of poor quality. Following the announcement of Rockhopper, Desire Petroleum securities rose 11.38 percent today.
yesterday through a statement signed by Foreign Minister Jorge Taiana, the Government came to the crossing of the find and the whole of the British oil and gas activity in the disputed area, which felt like "an illegal act that goes against international law and UN resolutions united. "
In the text of the Foreign Ministry, Argentina "rejects in the strongest terms the attempt to seize illegally from non-renewable natural resources owned by the Argentine people."
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