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Desire Petroleum confirms drilling rig is on its way to the Falklands

27 November 2009

Desire Petroleum, the oil and gas explorer eyeing a drilling campaign in the North Falkland Basin early next year, has reported that the Ocean Guardian rig has departed from the Cromarty Firth in Scotland en route to Falkland Island waters.

The journey is anticipated to take around two months with the rig expected to arrive in the Falklands ready to start drilling around early February 2010.

In September, Desire agreed a deal with UK driller Diamond Offshore to contract the Ocean Guardian for a minimum four-well campaign. It has since agreed to sell-on two additional option wells to its partner in the region, Rockhopper Exploration.

Yesterday, another Falkland-focused explorer Falkland Oil and Gas, which is working in partnership with BHP Billiton, said it was in talks with Desire over using the Ocean Guardian rig as part of a third contractual slot.






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