Trades and observations from a British contrarian stock investor

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Monday, February 15, 2010

Falkland Oil and Gas announce deal on Ocean Guardian Rig 


This morning Falkland Oil and Gas (FOGL) announced that it has reached an agreement with
Desire Petroleum (DES) to contract the Ocean Guardian rig to drill the first ever exploration well in the East Falklands Basin on the Toroa prospect, which it expects will be within the first half of 2010..
Posted by Contrarian Investor UK at 7:30 AM
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