01 Jun 2010
FOGL is pleased to announce that the Toroa F61/5-1 exploration well spudded on Monday 31st May 2010.
The Toroa prospect is located in Licence PL15, in which FOGL has a 49% interest.
The well is being drilled to an estimated target depth of circa 2,700 metres. Drilling operations are expected to take approximately 35 days and a further announcement will be made once drilling is completed.
Enquiries:
Falkland Oil and Gas
Tim Bushell, Chief Executive
+44 (0) 207 563 1260
Oriel Securities (Nominated Adviser)
David Arch / Natalie Fortescue
+44 (0) 207 710 7600
Financial Dynamics
Ben Brewerton / Ed Westropp
+44 (0) 207 831 3113
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