Falklands : Falklands' Share Prices Soar
Submitted by Falkland Islands News Network (Juanita Brock) 31.08.2007 (Article Archived on 14.09.2007)
Share prices in Falklands related shares are increasing significantly on the Alternative Investment Market today.
“THERE’S SOMETHING IN THE AIR” FOR FALKLANDS' SHARE PRICES
By J. Brock (FINN)
Falkland Islands related shares on the Alternative Investment Market have increased significantly with shares in Falkland Islands Holdings Plc (FKL) gaining 17.50 points to 400.00. At the time of writing prices are still fluctuating upwards with positive changes every 15 minutes. Falklands’ hydrocarbons related shares are also in very positive territory with Falkland Oil and Gas Limited (FOGL) gaining 22.50 points to 161.00, Desire Petroleum Plc (DES) gaining 2.75 points to 30.75, Borders & Southern (BOR) up 4.00 to 31.50 and Rockhopper Petroleum (RKH) up 3.50 to 48.50.
The oil exploration industry in the Falklands are expecting good news about an oil rig soon, with all companies keeping their cards close to their chests, in hopes to bring the first rig to the Falklands sometime in 2008. Some uncertain sources say it could be at the end of 2007.
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