Falklands oil strike to infuriate Argentina
Pappy was right.
BRITISH oil explorer ROCKHOPPER yesterday scored a hat-trick of strikes off the Falkland Islands -- leaving Argentina fuming.
The firm said a new well proved its Sea Lion field 80 miles off the Falklands coast is BIGGER than expected. And two further big oil hits were made on the way down -- as well as a discovery of gas.
The strikes will infuriate Argentina's Prime Minister Cristina Kirchner -- who slammed Britain last year for trying to exhaust "Argentinian natural resources".
It'll take fifty years to do that -- and the Falklanders won't mind a bit... | Rockhopper -- which has spearheaded the Falklands "black gold" rush -- saw its shares rise 11 per cent yesterday as analysts estimated it could recover as much as 430 million barrels of crude from Sea Lion.
Posted by: Beavis 2011-12-14 |