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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (1633)	5/7/2000 10:06:00 PM
From: Tomas	Respond to of 2742

Falkland Islands: Meeting with IPC directors in London in late May to discuss future activities Falkland Islands Offshore Oil Exploration and Onshore Geological Activities May/June Newsletter Falkland Islands Government, The Department of Mineral Resources May 5 Petroleum Geologists Convention in New Orleans The Falkland Islands Government occupied a stand at the American Association of Petroleum Geologists (AAPG) Convention in New Orleans from 9 ? 11 April. More than 8,000 people attended the oil and gas exhibition and the Falklands was one of 35+ countries exhibiting in the International Pavilion. Dr Phil Richards discussing the Falklands oil future in the International Pavilion. The other stands in view are Nicaragua, Suriname, Bolivia and Indonesia. There was an opportunity for meetings to be arranged with companies while attending the Convention and new contacts were made during the four day event. The industry would appear to still be recovering from the phase of low oil prices in 1998/99 but there were signs that companies are looking to invest in new exploration areas. Now that the well data from the North Falkland Basin has been analysed and the presence of very rich organic source rock has been identified interest in the Falklands data on display was quite positive. Experienced exploration geologists reiterated that the potential for the area in the long term looked good. This was encouraging feedback for the Islands. Meeting with IPC A meeting with IPC directors is being arranged in London in late May to discuss future activities. IPC are licence holders of Tranche F in the North Falkland Basin. Councillor Halford will attend the meeting with FIG and BGS representatives. South West Atlantic Marine Environmental Conference : London 7/8 June The FOSA environmental working group led by Mr Mike Osborne, consultant for IPC and with Metoc plc, have planned a two day Conference in London on 7/8 June. The purpose of the Conference is to review and discuss environmental research on and around the Falkland Islands, including that undertaken in support of the recent oil exploration activities. FIG will be represented by Councillor Sharon Halford, Chairman of the Environmental Committee and the Environmental Planning Officer, Mr Tom Eggeling. Dr Phil Richards from BGS will give a background presentation on the geology of the area and other presentations will be on environmental/conservation matters. Professor Alasdair McIntyre, Chairman of the Falklands Forum that met regularly in Stanley during drilling activities will play a key role in the Conference and has kindly arranged for the speaker's text to be published in a special edition of the magazine, "Aquatic Conservation". FIG through the Department of Mineral Resources, is funding the costs of hiring the Royal Society for the event. Anyone wishing to attend can contact the department for a copy of the programme with enrolment details. The programme can also be found on FIG's website: www.falklands.gov.fk/oildept and website: www.tursio.com/SWAENV2_2.htm Falkland Islands Forum : London 12 July A one day Conference to review developments and the prospects for business in the Falkland Islands will take place in London on 12 July. FIG's departments of Fisheries, Agriculture and Mineral Resources will give presentations. Dr Nigel Fannin and Dr Phil Stone from BGS with the Director of Mineral Resources will speak on the potential for hydrocarbon exploitation in the region and the recent geological mapping project. More information about the Forum can be obtained from Sukey Cameron at the Falkland Islands Government Office in London. E-mail address: rep@figo.u-net.com Article on Results from Exploration Drilling A detailed article entitled "Post-drilling analysis identifies other play types in Falkland Basin" written by Dr Phil Richards has been printed in the April edition of "Offshore" magazine. Copies of the article can be obtained from Amara Watts at the department or it can be found on website : www.offshore-mag.com Geological Maps and Reports Geological Maps of the Islands are for sale from the department at œ20 for two sheets and a geological explanation. An in-depth report to complement the map is also available on request for œ50. Please contact Amara Watts for details. Department of Mineral Resources 5 May 2000