Exploring Hydrocarbon Depletion
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Torjus wrote:This is pure speculation, but is it likely that the Argentinians would consider invading the Falklands again if the UK gets all bogged up in Iran?
Rafa wrote:there is no need to go to war, just wait long enough.
nth wrote:I thought the French stop selling their missiles to Argentina. Have they resume?
I don't believe Argentina has upgraded their military. The lack of weapons will prevent them from attacking. If they do have advance weapons, then I will think differently.
Just like China did about HongKong and Macao; China could have easily invaded those two cities; but it was a better strategy to use diplomacy and economic pressure.
Rafa wrote:And the USA will also withdraw their troops from Guantanamo bay and Puerto Rico.
It will take some time, maybe 10 years, maybe 20 years, maybe 30 years, but it will happen; so there is no need to go to war, just wait long enough.
nth wrote:When does the Guantanamo Bay lease expire?
Puerto Rico wants independence?
If they want independence, they need to do a better job to get their voices heard.
nth wrote:It is funny how I get info about other places wanting independence in US but not Puerto Rico. Texas, Hawaii, Samoa are just some that I have heard where groups exist wanting to be independence.
You can start here: http://www.independencia.net/
Note that the very fact that the economy is made dependent on US government "help" is a mean of control used by the US to make it hard for Puerto Rico to gain independence; also the way the political sysem is modelled on US bipartidism makes it very hard to have a real democracy showing what the people actually want (just as in the US; there are two parties, with almost the same policies, with only cosmetic differences, and that bars the way to any other dissenting voice).
Puerto Rico is not going to become an enemy of the United States because it obtains its sovereignty. In the long run, independence would be doing a favor to the American economy. In every instance that someone in Congress or in the executive branch comments on Puerto Rican independence, they make it quite clear that there will be considerable economic aid. And, why not? The U.S. sends financial aid to nearly every country in this hemisphere, and would continue to have many commercial and manufacturing ties with Puerto Rico. The island would continue to receive substantial investments comparable to those presently coming in. It is fair and in the best interests of both the United States and Puerto Rico.
FOGL Uncovers 10 Billion Barrel Potential in Falklands
Falkland Oil and Gas Limited Thursday, December 13, 2007
Falkland Oil and Gas Limited (FOGL) reveals encouraging results from the controlled source electromagnetic (CSEM) survey with positive CSEM anomalies indicating the possible presence of trapped hydrocarbons in excess of 10 billion barrels equivalent (mean, unrisked).
The CSEM survey was carried out on behalf of FOGL by Offshore Hydrocarbon Mapping and was completed in August 2007. Over 750 km of CSEM data were acquired along seven lines, over a total of 12 prospects. This program exceeded FOGL's licence commitment to the Falkland Islands Government.
The most encouraging CSEM anomalies have been identified over the following seven prospects: Loligo, Garrodia, Nimrod, Caird, Toroa, Lutra and Undine. These prospects also benefit from seismically derived direct hydrocarbon indications. All of these features could contain large amounts of oil and gas, with individual prospects containing potential recoverable volumes (mean, unrisked resources) ranging up to 3.5 million barrels.
FOGL has focussed its work during the last year on a shortlist of ten prospects, which promise to offer the lowest exploration risk and largest resource volumes. This prospect inventory has the potential to hold, on a cumulative basis, in excess of 10 billion barrels oil equivalent (mean, unrisked resources). In addition, FOGL has identified over 90 other leads, which are not included in this estimate.
"We are delighted with the results of our 2007 exploration program," said FOGL CEO Tim Bushell. "We have now identified a number of prospects that are seismically well defined and also have positive CSEM evidence for the presence of trapped hydrocarbons. Furthermore, all of these prospects have substantial reserve potential.
"The results of the CSEM and 2D seismic infill surveys have reduced exploration risk and have considerably improved the chances of finding commercial quantities of oil and gas within our licences."
The results of the CSEM survey will be fully integrated with our existing work and with the recent 2D infill seismic to produce, a short list of the best prospects for drilling. This work will now be carried out in conjunction with our farm-in partner, BHP Billiton, who will take over operatorship of the licences from Jan. 1, 2008. Seabed coring and site surveys are expected to be carried out in 2008. BHP Billiton is currently reviewing a number of potential rig options and an update on this will be provided at a future point.
60 billion barrels of oil lie under the ocean around the Falkland Islands, say experts . . .
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