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Oil Prospects

Oil company representatives, visiting the Falklands in advance of the arrival of the oil rig Ocean Guardian, said they are œextremely excited about the next stage of exploration in Falklands waters.  Sam Moody, Rockhopper Exploration™s Managing Director and co-founder of the company, and Desire Petroleum™s Chairman Stephen Phipps, were in the Islands meeting with Government officials and observing the ongoing arrangements being put in place for the arrival of the semisubmersible oil rig.