New Exploration Campaign Announced (June 2014)
The Falkland Islands Government welcomes the announcement this morning that a drilling rig has been contracted by a consortium of licensees for a new six-well programme of offshore exploration and appraisal work commencing in early 2015.
The multi-operator programme will test a number of significant new prospects across several offshore licence areas in both northern and southern basins, and is understood to contain various options to extend the duration beyond the initial commitment.
Director of Mineral Resources, Stephen Luxton, commented,
“We are pleased to see confirmation of this exploration programme commencing in 2015 as forecast. Preparations are already underway within the Falkland Islands to accommodate the logistical requirements for the forthcoming drilling, and FIG looks forward to working closely with the oil industry to deliver a safe and successful campaign.”
For further information regarding this press release, please contact the Public Relations & Media Office on +500 27400.