Offshore staff

LONDON --Falkland Oil & Gas expects to begin assessing 10,000 km (6,214 mi) of 2D seismic work, planning a CSEM survey to begin in January, and then beginning a sea-bottom coring program in February.

Wavefield InSeis was contracted for the 2D seismic survey and Offshore Hydrocarbon Mapping was contracted for the CSEM survey. This work is expected to culminate in exploration drilling by 2008.

"We are also planning to acquire sea bottom cores," said the report by Richard Liddell, chairman, and Tim Bushell, chief executive. "These will be targeted at a number of possible oil seeps that have been identified from seismic data and satellite imagery. We hope to recover 'live' oil samples. This would demonstrate that oil has been generated and that it has migrated within the South and East Falkland basins."

No contractor has been named to conduct the coring.

12/27/2006