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Wednesday, March 28, 2012

''Argentina warns UK and US market regulators about ‘illicit’ oil activities in the Falklands''

From Merco Press

"The Argentine government has triggered a series of measures against oil companies conducting exploration or drilling activities in the Falklands/Malvinas Islands as announced a week ago by Foreign Minister Héctor Timerman."

"In the letters to markets Argentina points out that Argos Resources Limited, Borders & Southern Petroleum PLC, Desire Petroleum PLC, Falkland Oil and Gas Limited ay Rockhopper Exploration PLC are “illicitly involved in hydrocarbons exploration activities in the Argentine continental platform and thus exposed to administrative, civil and criminal sanctions."

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