Search results for: FOGL

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  • 20 April 2011
    Business & Finance

      FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has conditionally placed 45.7 million new ordinary shares of 0.002 pence in the capital of the Company at a price of 70 pence per share  to raise £32 million before expenses . […]

  • 25 August 2015
    Exploration & Production, Project & Tenders

    Falkland Oil and Gas Limited (FOGL) has informed that the completion of the Humpback exploration well in the South Falklands Basin, offshore the Falkland Islands, has been delayed due to operational issues.  The well is located in licence PL012 in which FOGL has a 52.5% working interest. Noble Energy is the operator of the licence. The drilling […]

  • 6 May 2011
    Business & Finance, Project & Tenders

      FOGL notes the announcement today by Borders & Southern Petroleum plc (“Borders & Southern”) that it has signed a substitution agreement with Ocean Rig under which the Eirik Raude, the rig specified in the original agreement, has been replaced with the Leiv Eiriksson. The heads of agreement between FOGL and Borders & Southern which […]

  • 13 January 2012
    Business & Finance

    Yesterday, on 12 January 2012, Falkland Islands Holdings plc (FIH) agreed to participate in the placing of new shares by FOGL by subscribing for 2 million new shares. The £860,000 cost of the shares will be met from the Group’s existing cash resources and the purchase will be undertaken by the Group’s Falkland based subsidiary, […]

  • 24 November 2015
    Business & Finance

    Rockhopper and Falkland Oil & Gas Limited (FOGL), two oil and gas companies with assets offshore the Falkland Islands, are contemplating a merger. The boards of the two companies have reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned scheme of arrangement. According to a joint […]

  • 13 April 2015
    Project & Tenders

    Noble Energy and its joint venture partners, Falkland Oil and Gas Limited (FOGL) and Edison International (Edison), have elected to defer a potential second well in the South and East Falkland basin, offshore the Falkland Islands. According to FOGL, the joint venture partners have concluded; having taken into account a number of factors,  that the optimum […]

  • 4 June 2014
    Business & Finance

    On 3 June 2014 Premier Oil plc signed a contract for a dynamically positioned, harsh environment semi-submersible drilling rig, FOGL, the oil and gas exploration company focused on its extensive licence areas offshore the Falkland Islands, said today. In addition, several other related contracts have also been entered into and these include a rig sharing […]

  • 31 March 2011
    Business & Finance

      FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands announces further progress on its rig contract negotiations and certain changes to its licence arrangements. Rig contract close to finalisation Further to our announcement on 15 March, the company is close to […]

  • 3 October 2013
    Business & Finance, Operations & Maintenance, Research & Development

    The boards of Falkland Oil & Gas Limited (“FOGL”) and Desire Petroleum plc (“Desire”) announce that they have reached agreement on the terms of a recommended combination of FOGL with Desire (the “Combination”), pursuant to which FOGL will acquire the entire issued and to be issued share capital of Desire in exchange for FOGL Consideration […]

  • 9 December 2013

    FOGL, the oil and gas exploration company with its extensive licence areas offshore the Falkland Islands has announced that the farm-out with Premier and Rockhopper in connection with the Falkland Islands licences PL004a and PL004c has been completed.    As announced on 3 October 2013, FOGL signed heads of agreement with Premier and Rockhopper on […]

  • 25 September 2012
    Business & Finance, Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km from the Loligo […]

  • 5 July 2010
    Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announced on 1 June 2010 that the Toroa F61/5-1 exploration well had spudded on Monday 31 May. The well is being drilled to an estimated target depth of circa 2,700 metres. The Toroa […]

  • 6 March 2015
    Exploration & Production, Project & Tenders

    Falkland Oil and Gas Limited (FOGL) has announced that the 14/15-5 ‘Zebedee’ exploration well, off the Falkland Islands, was spudded, by Premier Oil as operator, on March 6, 2015. The well is being drilled with Eirik Raude semi-submersible drilling rig that arrived on site a few days earlier. The well is located on licence PL004b, […]

  • 4 December 2013
    Business & Finance

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands noted Desire Petroleum’s announcement today that following application by Desire to the London Stock Exchange, trading in Desire shares will be suspended at 7:30 a.m. on 5 December 2013 and cancellation of the […]

  • 29 September 2010
    Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces certain changes to its licence arrangements with the Falkland Islands Government. Northern licence area Due to the tight rig market it is increasingly unlikely that the next phase of the drilling programme […]

  • 19 January 2011
    Business & Finance

    FOGL, the oil and gas exploration company announces an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is […]

  • 3 October 2013

    The boards of FOGL and Desire Petroleum have reached an agreement on the terms of a recommended combination of FOGL with Desire, pursuant to which FOGL will acquire the entire issued and to be issued share capital of Desire in exchange for FOGL Consideration Shares. The Combination values the entire issued share capital of Desire at […]

  • 21 November 2011
    Business & Finance

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has today posted a new investor presentation on its website and provides an update on its operations. The Company said it was awaiting the departure of the Leiv Eiriksson rig from Greenland. The […]

  • 18 January 2016

    Oil and gas explorers Rockhopper Exploration and Falkland Oil and Gas (FOGL), have finalized their previously proposed all-share merger. To remind, on November 24, 2015, the boards of Rockhopper and FOGL announced that they had reached agreement on the terms of a recommended merger to be effected by means of a court-sanctioned scheme. Under the terms […]

  • 25 October 2012
    Business & Finance, Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km from the Loligo […]

  • 6 December 2012
    Business & Finance

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has announced the completion of the 2012 drilling programme. The Scotia well (F31/12-01) has been successfully plugged and abandoned, bringing to an end FOGL’s 2012 drilling programme. Both the Loligo and Scotia wells […]

  • 27 November 2012

    Shares in FOGL, the company focused on exploration offshore Falkland Islands, today dropped 42.8 pct after the company announced the results of drilling at Scotia offshore well. The well, located 315 km east northeast of Stanley, Falkland Islands, has proven a working hydrocarbon system, FOGL said in a statement. FOGL added that although strong gas […]