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Argentina Says Operations of British Oil Companies Is Illegal

Argentina said five British oil companies are illegally operating near the Falklands Islands, according to a resolution in today’s official gazette.

The companies Borders & Southern Petroleum Plc (BOR), Rockhopper Exploration Plc (RKH), Desire Petroleum Plc (DES), Argos Resources Ltd and Falkland Oil and Gas Ltd don’t have the required permits to operate in the area, which belong to Argentina, according to the statement.

-- Editors: Dale Crofts

To contact the reporter on this story: Camila Russo in Buenos Aires at crusso15@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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