| Falkland Oil and Gas Limited (" FOGL") is an AIM-listed oil and gas exploration company operating in the undrilled South and East Falkland Basins, potentially a new petroleum province in the South Atlantic. |
| 23 February 2009 |
All site surveys completed. |
January 2009 |
Geotechnical boring programme commenced. Information derived from this survey will be used to assist in the detailed casing design of the wells. This survey was carried out by the MV Fugro Saltire. |
December 2008 |
The MV Fugro Meridian survey vessel commenced work on the programme. It acquired digital site surveys in order to assess drilling hazards in the top few hundred meters of sediment below the sea bed.
The British Antarctic Survey vessel the James Clark Ross was contracted to deploy wave and current meters. These results were used in the environmental assessment and the preparation of rig mooring and riser design.
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November 2007 |
BHP Billiton increase interest in exploration agreement.
FOGL Press Release: FOGL Partner increases interest in exploration agreement |
| October 2007 |
Farm-Out Agreement reached with BHP Billiton.
FOGL Press Release: Farm-Out Agreement with BHP Billiton |
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A new exploration area
FOGL licences in a new, untested basin.
 click to enlarge |
15 August 2007 |
CSEM Survey completed. |
31 May 2007 |
2D infill seismic survey completed. |
3 February 2007 |
CSEM (Controlled Source ElectroMagnetic) survey commenced. Offshore Hydrocarbon Mapping plc ("OHM") used the vessels, 'CS Teneo' and 'MV Energy Miner' (formerly named 'Sakawe Miner'), to acquire a series of CSEM lines over FOGL's top 20 prospects and leads. |
January 2007 |
OHM commenced the CSEM Survey over FOGL's top 20 prospects. |
19 December 2006 |
The new programme of 2D infill seismic survey commenced.
Phase III covered 10,000 kms in the 2002 & 2004 Licences. The survey was contracted out to Wavefield Inseis AS and was undertaken by the vessel "MV Bergen Surveyor" |
15 December 2006 |
Wavefield Inseis commenced the 10,000 km Seismic Survey. |
October 2006 |
By the end of Phase II Seismic Survey, leads and prospects further defined across both 2002 and 2004 Licence areas. Relinquishment of area in 2002 Licences was made. |
May 2006 |
22,450 km (total) 2D seismic survey completed.
Numerous new leads at several stratigraphic levels were identified.
In addition, tightly spaced infill seismic data in both the 2002 and 2004 licences refined the original interpretation and allowed definition of prospect areas and potential hydrocarbon volumes. |
May 2005 |
9,450 km 2D seismic survey completed.
Phase I identified a number of promising leads in two distinct provinces from a widely spaced seismic grid.
The survey focused on the 2002 licences in the South. |
December 2004 |
Falkland Islands Government awards FOGL 100% interest in Production Licences covering 50,000 sq kms in the south and east of Falkland Islands. |
October 2004 |
FOGL was admitted to London Stock Exchange Alternative Investment Market ("AIM") on 14 October 2004 at an issue price of 40p. |
May 2004 |
Falkland Oil and Gas Limited (FOGL) formed to invest in an offshore oil exploration programme in the 2002 Licences. At the time of the IPO, 8 leads were identified in the 2002 Licence area. |
2002 |
Falkland Islands Government awards 7 Production Licences to a consortium of investors. The licence area covers 33,700 sq kms in south and east of the Falkland Islands. |
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FOGL Licences
click to enlarge |
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