Oil Queda

Rockhopper British oil company announced Tuesday a new oil discovery in the northern basin of the Malvinas Islands, whose sovereignty dispute in the UK from Argentina 1833.Rockhopper said in a statement to the London Stock Exchange that the results of this new well exploration could lead to a further increase its estimates for the area, which includes the Sea Lion deposit, discovered in 2010, and with reserves currently estimated at some 1,297 million barrels of oil.

The holes that the oil held in association with the company Desire Petroleum (40% interest in the well), allowed to find hydrocarbons in four areas that had been previously identified.

The findings were made in existing fields of Sea Lion and Casper, for the first time in Beverley (gas) and Casper South (oil and gas).

The Minister of Rockhopper, Samuel Moody, said it was a “fantastic result” that “will further increase our minimum estimates for Sea Lion oil and Casper, as well as bring to light two new discoveries in Beverly and South Casper, our third discovery of oil in the basin “north of the Falklands.

The announcement was well received by investors as to the 12:45 GMT Rockhopper gained 9.35% to 263.25 pence on the London Stock Exchange.

Rockhopper, Desire Petroleum and Falkland Oil & Gas in February 2010 began a campaign of oil exploration in waters around the Falklands, which revived tensions between Argentina and the United Kingdom.

The petroleum potential of the southern archipelago is one of the main sticking points in the dispute that Argentina has with the United Kingdom for its sovereignty, channeled through diplomatic channels after the short but bloody war that ended with the victory of British troops in 1982 .