Monday, March 29, 2010

Hey, you remember all that fuss about oil in the Malvinas/Falklands?



Well guess what? Dusters. Here's the WSJ:

Desire Petroleum lost nearly half of its value after the Falklands driller said the reservoir quality of a well in the North Falkland Basin was "poor."
The UK and Argentina will just have to go back to squabbling over the sheep.

(ps: apparently there's a problem with blogger not showing pictures this morning. If you can't see photos/charts on the page don't worry, it's not just you. Normal service will be resumed as soon etc etc).