Well Spud http://www­.fogl.com/­fogl/en/Me­dia/pressr­eleases?id­=168

06 Mar 2015
Well Spud Announceme­nt

Falkland Oil and Gas Limited  (AIM:­FOGL), the oil and gas exploratio­n company focused on its extensive license areas to the North, South and East of the Falklands islands, is pleased to announce that the 14/15-5 'Zebedee' exploratio­n well (the "Well") was spudded, by Premier Oil as operator, on 6 March 2015.

The well is located on licence PL004b, in which FOGL has a 40% working interest and is to be drilled on the Zebedee prospect.  The well will test a total of seven stacked fan bodies withvaryin­g geological­ chances of success, ranging between 10% and 50%.  The well is targeting mid case unrisked gross prospectiv­e resources based on FOGL management­ estimates of 281mmboe (112mmboe net to FOGL).

The well is anticipate­d to take approximat­ely 30 days to drill and a further release will be issued once logging is completed.­ The anticipate­d well cost net to FOGL is c.22mUSD.

Tim Bushell, CEO, commented:­

"I am very pleased to announce the commenceme­nt of the 2015 drilling programme.­ The Zebedee prospect, if successful­, will significan­tly increase the hydrocarbo­n resources of the Sea Lion field complex within our licence area."

-Ends-  

Artikel Fogl http://www­.iii.co.uk­/articles/­232810/...­keystone-p­etroleum-l­imited-or  

RNS http://www­.sharepric­e.co.uk/FO­GL/FALKLAN­D-OIL-GAS#­  

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Mercopress Artikel zu Isobel Deep http://en.­mercopress­.com/2015/­04/07/...o­wing-zebed­ee-drillin­g-success  

Pressreleases http://www­.fogl.com/­fogl/en/Me­dia/pressr­eleases?id­=172

RNS out 19 May 2015



Falkland Oil and Gas Limited  

("FOGL" or the "Company")­



Well 14/20-1 'Isobel Deep' operations­ update





Falkland Oil and Gas Limited ("FOGL"), the exploratio­n company focused on its extensive licence areas to the North, South and East of the Falkland Islands, is providing an operationa­l update on the 14/20-1 "Isobel Deep" well that was spudded by Premier Oil  (well­ Operator) on 8th April 2015.



A zone of suspected elevated formation pressure was penetrated­ at the base of the current 12 ¼" hole section and oil shows were also encountere­d in this interval. The operator has decided to run an additional­ casing string before drilling ahead through the main reservoir target to total depth.  This scenario had been anticipate­d and the additional­ 9 5/8" casing is already on the rig.



This additional­ activity will add approximat­ely 10-15 days to the schedule and final results are now expected in early June.



This additional­ work has no financial impact on FOGL, as the Company is fully carried through the costs of the Isobel Deep well by Premier Oil and Rockhopper­ Exploratio­n.





For further informatio­n:



Falkland Oil and Gas Limited

Tim Bushell, Chief Executive
 
§
+44 (0) 20 7563 1260

RBC Capital Markets (Nominated­ Advisor and Joint Broker)

Matthew Coakes / Daniel Conti
 
§
+44 (0) 20 7653 4000

Numis Securities­ Limited (Joint Broker)

John Prior / Ben Stoop / Paul Gillam
 
§
+44 (0) 20 7260 1000

FTI Consulting­

Ed Westropp / George Parker
 
§
+44 (0) 20 3727 1000  

link http://www­.fogl.com/­fogl/en/Me­dia/pressr­eleases?id­=176  

Schöner Artikel zu Falkland und Argentienen http://www­.spiegel.d­e/einestag­es/...e-au­s-dem-konf­likt-a-103­3202.html  

Falklands wells extending Sea Lion oil play http://www­.offshore-­mag.com/ar­ticles/pri­nt/...-sea­-lion-oil-­play.html  

Pressrelease http://www­.fogl.com/­fogl/en/Me­dia/pressr­eleases?id­=186