Argos Resources Ltd., the Falkland Islands based exploration company focused on the North Falkland basin, has been granted an extension of production license PL001 to Dec. 31, 2024.
Argos Resources Ltd., the Falkland Islands based exploration company focused on the North Falkland basin, has been granted an extension of production license PL001 to Dec. 31, 2024. The license was due to expire Dec. 31, 2022.
The company intends to undertake 3D seismic reprocessing and has a commitment to drill one exploration well within the license area by the end of the license’s second term.