EXPLORATION

Desire well 'encouraging' for BHP, FOGL

DESIRE Petroleum's first well off the Falkland Islands could offer some encouragement to BHP Billiton and Falkland Oil & Gas for their own exploration in the region.

UK company Desire said logging operations at its Liz 14/19-1 well in the North Falkland Basin had shown oil might be present in thin intervals though reservoir quality was poor, while deeper gas shows...

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