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Argos Resources has announced that the Company and JHI Associates have entered into an agreement pursuant to which it is proposed that JHI will acquire Argos' PL001 Production Licence interests in the North Falkland Basin.
AIM-listed Argos Resources has announced the planned extension of its Production Licence PL001 in the North Falkland Basin to 31 December 2024.
Investegate announcements from Argos Resources Ltd, Extension of Falkland Islands Production Licence
The Argentine Secretary of Malvinas affairs has included another oil company with interests in the Falklands hydrocarbons industry in the “list of bad boys” for allegedly operating without authorization from Argentina.
Worries over inflation, higher interest rates and the overall state of the global economy put the skids under the AIM All Share.