Desire Petroleum identifies seven drilling locations off Falklands

UK oil company Desire Petroleum has identified 7 drilling locations on its tranches C and D in the North Falkland basin off the coast of the Falkland Islands, the company said.
At 4 of these locations, dual targets have been identified, resulting in 11 prospects in total. These prospects have a potential of over 2 bn barrels of recoverable oil, it said.

Further recent interpretation of the 3D seismic data has yielded five additional prospects. Three of these can be tested at the drilling locations already identified.
In addition numerous less well-defined leads have been identified, which will require further work before they can be moved to prospect status.

Desire holds a 100 % interest in 3,650 sq km in the North Falkland basin in tranches C, D, I and L and owns 12.5 % of tranche F, operated by Canada's Talisman Energy.