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Desire Petroleum declares production licence update


Published Nov 1, 2012
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Desire Petroleum reports directorate change

Desire Petroleum declares certain changes to its Production Licences following approval received from the Executive Council of the Falkland Island Government.

Commenting on the update, Stephen Phipps, Chairman of Desire, said,"We are extremely pleased with the changes to our licences, and thank the Falkland Island Government for their understanding in agreeing our revised licence terms. Desire now has over three years in which to further explore its highly prospective key licence areas in the northern part of this basin."

Tags: Desire Petroleum plc



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