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
- Licences to 2012 and 2013
- Top quartile fiscal returns
- 5 wells drilled in 2010 drilling campaign
- Ninky well to be drilled in 2011
- Extensive 3D seismic survey to be completed in 2011
