Poll: OT : POLL Desire Petroleum [View Results]
Will find commercially Viable Oil/Gas
Won't find commercially Viable Oil/Gas
err - not sure



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Author: Subject: OT : POLL Desire Petroleum
mad4x4

posted on 27/10/10 at 04:40 PM Reply With Quote
OT : POLL Desire Petroleum

So whats every one's take?

(Drilling for oil in Falklands)

[Edited on 27/1010/10 by mad4x4]





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sickbag

posted on 27/10/10 at 04:47 PM Reply With Quote
I thought they said it wasn't of sufficient quality/quantity so they weren't going to bother. Or was that just to shut the Argies up at the time?





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liam.mccaffrey

posted on 27/10/10 at 05:06 PM Reply With Quote
my mate made a lot of money off the back of rockhopper oil down there so i'd have to say yes





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Big Stu

posted on 27/10/10 at 05:09 PM Reply With Quote
They will find oil and it will be viable but if thinking of investing be very careful of desire and rockhopper there has been some insider trading going on by the drilling team, on one occasion purposely perforating the well in the wrong place to drive the price down, according to my sources.
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franky

posted on 27/10/10 at 05:37 PM Reply With Quote
there's a well known about of gas and oil in the falklands and surrounding seas. Why do you think we didn't give the islands back?

The problem has been that there's been easier oil/gas to get to so its made it commercially un-viable. However with modern technology we'll be keeping the islands for a few more years

[Edited on 27/10/10 by franky]

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tegwin

posted on 27/10/10 at 07:24 PM Reply With Quote
quote:
we'll be keeping the islands for a few more years

[Edited on 27/10/10 by franky]


And what exactly are we going to use to defend it from the argies?!?? No harriers this time





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gingerprince

posted on 27/10/10 at 11:10 PM Reply With Quote
Don't know, but it's frustrating to watch what gains can be made in a day (I know they lost a load recently too) when I'm a holder of GKP! Will come good eventually though.
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mad4x4

posted on 28/10/10 at 09:52 AM Reply With Quote
quote:
Originally posted by tegwin
quote:
we'll be keeping the islands for a few more years

[Edited on 27/10/10 by franky]


And what exactly are we going to use to defend it from the argies?!?? No harriers this time


It's ok we have a new attack sub parked(read "run aground" in KYLE of LOCHALSH (SKYE) with sonar that can see 3000Miles.... So we can at least see them comming....





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