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Argos Resources Ld ORD 2P(DI) (ARG)

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23-Sep-2019 09:47 AM

Argos Resources swings to loss; financed for at least 12 months

Argos Resources swung from a profit of $37k to a loss of £176k as Noble and Edison International notified their intention to withdraw from Production License PL001. The Working Interest in the Licence was transferred back to Argos in February 2019
21-Aug-2018 09:38 AM

Argos resources profits more than halve in H1

Argos resources reported Tuesday profit more than halved in the first half of the year. For the six months to 30 June, pretax profits fell to 31k from 81k a year earlier, giving an undiluted profit per share of 0.02 cents. First-half administrative ex
27-Mar-2017 09:18 AM

Argos Resources losses narrow

North Falkland Basin-focused Argos Resources' losses fell to $16,000 in the year to the end of December from $1.15m in 2015. Chairman Ian Thomson said: "It was very disappointing to have been so close to drilling commencing on our licence, only
19-Sep-2016 08:15 AM

Argos Resources losses narrow

North Falkland Basin-focused Argos Resources posts a loss of $4000 for the six months to the end of June (2015: $0.8 million) giving a loss per share of 0.002 cents (2015: 0.35 cents). Administrative expenses were $0.3 million compared to $0.7 million f
21-Mar-2016 12:00 PM

Argos Resources registers USD1.2m FY loss

Argos Resources (ARG) has reported a USD1.2 million loss from expensed overhead for the year ended 31 December 2015, while cash reserves at 31 December 2015 were USD0.5 million. Other highlights: - Farmout Agreement of Licence PL001 was completed in the
13-Apr-2015 07:36 AM

Argos unit in farm-out deal

Argos Resources subsidiary, Argos Exploration Limited, has entered into a farmout agreement with Noble Energy Falklands Limited and Edison International which will allow exploration drilling on its Licence PL001. The licence covers an area of approxima
27-May-2014 07:49 AM

Argos Resources losses rise

North Falkland Basin-focused Argos Resources posts a loss attributable to owners of the parent of $1.8m for the year to the end of December - up from $1.6m last time. Administrative expenses rose to $1.8m from $1.7m while finance income fell to $17,000 f
11-Oct-2013 09:12 AM

Argos Resources resolutions passed at AGM

Argos Resources has confirmed that all resolutions proposed at its annual general meeting held in the Falkland Islands yesterday (10 October) were passed by shareholders. At 9:12am: (LON:ARG) ArmorGroup International share price was 0p at 20.25p S
06-Sep-2013 07:52 AM

Argos Resources schedules AGM

Falkland Islands-based exploration company Argos Resources will hold its annual general meeting at the Falkland Islands Chamber of Commerce, West Hillside Estate, Stanley, on 10 October at 5 p.m. (local time). Story provided by StockMarketWire.com...
27-Aug-2013 09:30 AM

Argos Resources pre-tax losses rise

North Falkland Basin-focused Argos Resources posts pre-tax losses of $1.2m for the six months to the end of June - up from $0.8m last time. Administrative expenses were $0.9m compared to $0.8m for the corresponding period in 2012. Argos said the $0.6m
21-Aug-2013 08:57 AM

Argos MD to present at London forum

Argos Resources managing director John Hogan will be presenting at the Proactive Investors Annual Hydrocarbons One2One Forum in London tomorrow (22 August). Hogan's presentation will focus on the Falkland Islands-based exploration company's rec
26-Jul-2013 07:58 AM

Argos reveals increase in prospective resource

North Falkland Basin-focused Argos Resources says a new competent person's report has raised the prospective resource to 3,083 million barrels of oil barrels of oil. This is an increase from 2,107 mmbo identified in the competent person's repor
25-Mar-2013 08:18 AM

Argos Resources pre-tax losses rise

North Falkland Basin-focused Argos Resources posts pre-tax losses of $1.6m for the year to the end of December - up from $1.3m last time. Administrative expenses rose to $1.7m from $1.4m but foreign exchange gains increased to $130,000 from $123,000. Ch
05-Feb-2013 07:47 AM

Argos commissions new CPR to verify resource increase

North Falkland Basin-focused Argos Resources has commissioned a new competent person's report. This will independently verify the increase in resource potential identified by the company following receipt and interpretation of final processed 3D sei
22-Oct-2012 09:51 AM

Argos still seeking partner for North Falkland drilling

Argos Resources continues to seek a partner for exploration drilling in the North Falkland Basin. Chairman Ian Thomson told the annual general meeting that the company had made significant progress in interpreting the substantial database of 3D seismic
19-Mar-2012 08:22 AM

Argos Resources pre-tax losses rise

North Falkland Basin-focused Argos Resources posts pre-tax losses of $1.3m for the year to the end of December - up from $309,000 last time. Administrative expenses rose to $1.4m - up from $888,000 - while finance income fell to $40,000 from $44,000 and
19-Sep-2011 08:50 AM

Argos Resources pre-tax losses rise

North Falkland Basin-focused Argos Resources posts pre-tax losses of $504,000 for the six months to the end of June - up from $248,000 a year ago. Administrative expenses rose to $708,000 from $248.000 but there was a foreign exchange gain of $173,000 ag
08-Jul-2011 04:20 PM

Oil & Gas Sector: Faroe Petroleum secures new banking facilities

Faroe Petroleum (LON:FPM) has signed two new banking credit facilities, which provide substantial additional finance to underpin the company's growth plans. The two facilities are: * NOK1bn Norway exploration financing facility, of which NOK500m is
26-Apr-2011 09:07 AM

Argos Resources pre-tax losses rise

Falkland-focussed Argos Resources posts pre-tax losses of $309,000 for the year to the end of December - up from $175,000 last time. The loss attributable to owners of the parent rose to $455,00 - up from $175,000 a year ago. The firm had cash and cash
18-Apr-2011 01:21 PM

Argos completes acquisition of 3D data for Falkland Basin licence

Argos Resources has completed the acquisition of 3D seismic data over the entire area of its PL001 licence in the North Falkland Basin. A total of 1,415 net square kilometres of 3D seismic data has been acquired. This includes coverage over the entire
21-Oct-2010 09:04 AM

Argos signs contract for 3D seismic programme

North Falklands Basin-focused exploration firm Argos Resources has signed a contract with Polarcus for the use of the seismic vessel 'Polarcus Asima'. The terms of the contract provide for the acquisition of a substantial 3D seismic survey cove
13-Sep-2010 08:36 AM

Argos Resources losses widen

Argos Resources - the oil and gas explorer with assets in the North Falkland Basin - posts losses of $248,000 for the six months to the end of June. This is up from $78,000 a year ago. The firm said it had made significant progress during the year inclu
 
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