Desire strikes water in the Falklands

  PalaeoBill 11:04 06 Dec 10

click here

Argentinians must be laughing into their socks. Hopefully this will act to defuse the situation now.

  Quickbeam 11:21 06 Dec 10

But Falklands mineral water would be more profitable than oil. Eau de Tumbledown...?

  morddwyd 20:02 06 Dec 10

Don't you believe it.

That's just a story they're putting about to keep the Argies off their backs!

  Uboat 20:54 06 Dec 10

the company's shares have crashed 42%, down 56.25p to 77p"
Wow thats some slide
Im amazed that this could happen with all the technology that we have? surely Oil is much thicker than water & i would of thought there systems would of been built to divide the two...

  PalaeoBill 21:36 06 Dec 10

Seismic surveys find oil traps, structures of the type that could contain oil and seismology is a complicated science. Attenuation (a net loss in the energy of the seismic wave) can result in gas being mistaken for oil and water being mistaken for oil.
Just to complicate things it is not uncommon to find oil and water together. Whilst there will be a change in the speed of the seismic wave at the boundary between the oil and water, it can be extremely difficult to identify in small deposit.
Desire are taking big financial risks in what they are doing. If it had been oil they would be reaping big rewards. The next one might be.

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