U.K. Firms Mobilize in New Falklands Foray

Rising Oil Prices and Advances in Drilling Technology Lure Prospectors Despite Inclement Weather, Chilly Politics

LONDON—Twelve years after the last prospectors left the Falkland Islands, British oil-exploration companies are returning, lured by rising oil prices and advances in deep-water drilling technology.


NOTE: The conspiracy theory is that there is "more oil in The Falkland Islands than there is in Saudi Arabia." Kind of like Gull Island, Alaska. This is why the British fought a war over the Falklands back in the early 80s. -Vigilius