13.38 GBp (+0.25p)

Live share price as at 19 Jun 2013 close

Desire Petroleum plc

A UK company listed on the Alternative Investment Market (AIM) dedicated to exploring for oil and gas in the North Falkland Basin.

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Desire Petroleum plc (Desire) is a UK company listed on the Alternative Investment Market (AIM) dedicated to exploring for oil and gas in the North Falkland Basin.

Desire has recently completed a 6 well exploration programme. The 14/19-1 Liz well encountered dry gas and gas condensate at 2 separate levels while other wells recorded shows. The 14/15-4a farm-out well proved the southern extension of the Sea Lion and Casper discoveries and encountered hydrocarbons in the Beverley and Casper South (Shona) reservoirs. A CPR on the resource potential of these discoveries was published in April 2012. The Sea Lion oil discovery and associated Casper/Casper South/Beverley reservoirs provide significant encouragement for the future potential of the North Falkland Basin. These successful play types are part of the east flank play which extends southwards in Desire operated acreage. Desire has completed new 3D seismic acquisition over the east flank play and other key prospects. The initial results from the interpretation of this data identified the significant Elaine/Isobel prospects, for which a CPR was published in August 2012. A full prospect inventory has now been completed and shows significant remaining exploration potential in the Desire licences. A CPR covering all of the company's assets was published in November 2012
13.38 GBp (+0.25p)

Live share price as at 19 Jun 2013 close

LATEST ANNOUNCEMENTS

Result of AGM
(29th May 2013)

Technical Presentation
(9th April 2013)

Posting of Annual Report and Financial Statements and Notice of AGM
(8th April 2013)

LATEST NEWS

AGM Presentation
(May 2013)

Technical Presentation
(April 2013)

Current Licensed Tranches & Prospects
North Falkland Basin

Desire Petroleum plc

A UK company listed on the Alternative Investment Market (AIM) dedicated to exploring for oil and gas in the North Falkland Basin.

VIEW ONLINE OR DOWNLOAD:

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