Exfarmer
Member
- Location
- Bury St Edmunds
Having held shares in an oil drilling company in the Falklands, I would beg to differWhen I did my industrial placement at BG Exploration, in the late 90s, the chaps there had data that argued otherwise in the extreme. One consultant, from Slumberger from memory, reckoned there were Venezuelan amounts to be had around them. I think that subsequent exploration on the Orinoco Delta will almost certainly have proved him wrong by a large margin, the reserves there now being known be four times what they were then.
But the fact remains that there is an awful lot around the Falklands, probably in the low tens of billions, which would put it somewhere around the level of Qatar, or maybe even up with the US. Not all as easy to get out mind, but... extraction ability is way ahead of where it once was.
All academic of course, since we're all to be going electric and green soon.