Argos plans to drill for Falklands oil

A fifth UK company plans to drill for oil off the Falkland Islands after it raises £70m ($106m) in a London stock market listing.

Argos Resources, which holds licences next to the landmark 250m-barrel Falklands oil discovery made by peer Rockhopper Exploration in May, hopes to achieve a £200m value on Aim. ... Read full article