Argos plans to drill for Falklands oil
Miles Johnson, Neil Hume and Jude Webber, Financial Times, 08 Jul 2010A 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

