DESIRE PETROLEUM (LSE:DES)

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DESIRE PETROLEUM (DES.L, LSE, LSE:DES)

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Sea Lion setback sends Falkland JV partners south

Drilling on the Sea Lion field could be delayed until 2015, with production forecast for late 2018 after Rockhopper announced development plans.

Rockhopper culls losses and ticks off to do list

Rockhopper Exploration has reported positive half-year results, yet analysts are cautious of the busy year ahead.

"Shrewd" FOGL completes farm-out deal

Falkland Oil Gas and Desire Petroleums first farm-out deal since merging has been completed with drilling expected late 2014early 2015.

Oil & Gas Sector: Desire down as High Court sanctions combination with FOGL

Desire Petroleums (LON:DES) shares were down by more than 51% in late afternoon trading after the scheme of arrangement for its recommended combination with Falkland Oil and Gas Limited (LON:FOGL) was sanctioned by the High Court. FOGLs shares were virtually unchanged - up by 0.93%. Exillon Energy (LON:EXI) was another faller after it terminated the formal sale process announced in September.

FOGL-Desire scheme sanctioned

The scheme of arrangement for the recommended combination of Falkland Oil and Gas Limited with Desire Petroleum has been sanctioned by the High Court. At 2:52pm: (LON:DES) Desire Petroleum PLC share price was 0p at 16.38p (LON:FOGL) Falkland Oil Gas Ltd share price was +0.38p at 27.38p

Scheme effective and capital reduction confirmed

RNS Number : 8367U Falkland Oil and Gas Limited 05 December 2013 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION 5 December 2013 Recommended Combination of Falkland Oil and Gas Limited (FOGL) with Desire Petroleum plc (Desire) Scheme effective and capital reduction confirmed On 3 October 2013, ...

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