Desire PLC Profile

"Desire Petroleum's mission is to explore and identify commercial hydrocarbon reserves in the North Falklands basin - where a known working hydrocarbon system exists" 

  • Focussed North Falkland basin exploration play
  • Multi-billion barrel recoverable oil potential identified plus large gas potential
  • Prospects de-risked and ready to drill
  • Licences to 2012 and 2013
  • Top quartile fiscal returns
  • Circa £20 million cash + wellheads and casing for 4 wells purchased
  • Farm-out to Arcadia approved

Desire PLC
101.00 GBp (+0.75p)

Live share price as at 10 Mar 2010 closed

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