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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Serious Debates & News > Oil discovery in Falklands hailed as biggest of its kind since North Sea oil
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Old 06-06-2010, 12:27 PM #1
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Default Oil discovery in Falklands hailed as biggest of its kind since North Sea oil
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An oil field discovery in the Falklands was hailed yesterday as potentially the biggest discovery of its kind since North Sea Oil. Shares in Rockhopper exploration soared 52 per cent yesterday as the company said it expected to pump out at least 242 million barrels of oil from the 'Sea Lion' well - the expedition's first major oil find.And some predicted there could be millions more barrels of oil lying untapped in the area - sparking hopes that the region could hold as much oil as the North Sea.

Experts yesterday said it was highly unlikely the oil field could be sitting in isolation.

'Our analysis of the data from the Sea Lion well suggests that there is significant potential upside on our acreage,' Rockhopper said in a statement yesterday.

Commercial production could lead to an economic boom for the remote British territory, which is home to about 3,000 people.

But the news is sure to spark tensions in the region.

Argentinia, which invaded the British territory in 1982, has vowed to block British oil-drilling projects in the islands.

In 2007 the Argentinian government scrapped an oil agreement which would have entitled it to a share of the spoils.

And any drilling in the region is likely to come under intense scrutiny following the disastrous BP oil spill in the gulf of Mexico.


Read more: http://www.dailymail.co.uk/news/worl...#ixzz0q4iyaIXp
Looks like those oil storage tanks at Mare Harbour, East Falkland may actually get used now. Well done Maggie.
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Old 06-06-2010, 12:33 PM #2
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Don't cry for me Argentina...
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Old 07-06-2010, 02:10 PM #3
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Take that, Norway
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Old 07-06-2010, 02:11 PM #4
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let the war commence
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Old 07-06-2010, 04:33 PM #5
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let the war commence

They are to Bankrupt to do that.
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Old 07-06-2010, 04:39 PM #6
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War revives the economy, apparently.
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Old 07-06-2010, 04:46 PM #7
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War revives the economy, apparently.

Sure in the 80's but now they are much Worse off
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Old 07-06-2010, 04:50 PM #8
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WW3 or BB11. Who will win the ratings....
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Old 07-06-2010, 04:59 PM #9
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Call me a cynic but how long will it be before USA back ARGENTINA in a bid to steal the oil?
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Old 07-06-2010, 05:15 PM #10
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Call me a cynic but how long will it be before USA back ARGENTINA in a bid to steal the oil?

They would Not.
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Old 07-06-2010, 05:16 PM #11
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WW3 or BB11. Who will win the ratings....

WW3 is due to start in the Middle East
by Israel.
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Old 07-06-2010, 05:18 PM #12
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Reason #1283912 why Maggie was amazing.
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Old 07-06-2010, 05:19 PM #13
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Reason #1283912 why Maggie was amazing.
Absolutely!
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Old 07-06-2010, 05:22 PM #14
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They would Not.
Oil is the global currency, and the USA are the greediest consumers, so I would put nothing past them when it serves their own self interest.
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Old 07-06-2010, 05:44 PM #15
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Originally Posted by angus58 View Post
Oil is the global currency, and the USA are the greediest consumers, so I would put nothing past them when it serves their own self interest.

You having a Laugh
it would mean we go to War with America and South America.



The worst the Yanks did
was the NY Police giving Cash to the IRA.
But after 9/11 the IRA was gone.
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Old 07-06-2010, 05:51 PM #16
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WW3 is due to start in the Middle East
by Israel.

Yeah theyve been provoking Gaza as far as I heard.... Last thing we all need is Nukes flying all over the place and for us to get involved.
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Old 07-06-2010, 06:03 PM #17
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You having a Laugh
it would mean we go to War with America and South America.



The worst the Yanks did
was the NY Police giving Cash to the IRA.
But after 9/11 the IRA was gone.
With the oil drying up all over the planet, I wouldn't trust the yanks as far as I could throw them. There is NO "special relationship" with the Americans unless we fall in line with whatever they want to do, so I'm afraid I don't have your confidence - AND I didn't say anything about BRITAIN declaring war on the USA.
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Old 07-06-2010, 06:11 PM #18
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Its our oil.
The Falklands is part of Britain

No way could the yanks take sides
they have enough problems of there own.
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Old 07-06-2010, 06:51 PM #19
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Quote:
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Its our oil.
The Falklands is part of Britain

No way could the yanks take sides
they have enough problems of there own.
You're right there, and every single problem of their own making.
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