1st Jun 2010 14:20
1 June 2010
Falkland Oil and Gas Limited
("FOGL" or "the Company")
Toroa F61/5-1 Exploration Well Spud
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:
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Falkland Oil and Gas |
+44 (0) 207 563 1260 |
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Tim Bushell, Chief Executive |
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Oriel Securities (Nominated Adviser) |
+44 (0) 207 710 7600 |
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David Arch / Natalie Fortescue |
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Financial Dynamics |
+44 (0) 207 831 3113 |
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Ben Brewerton / Ed Westropp |
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