Argos Resources LtdLSE Argos Stock Report

Argos Resources Ltd. engages in the exploration of oil and gas. The principal activity of the Company and its subsidiary is exploration for oil and gas in the area licensed to it in the North Falkland Basin. The license PL001, covers an area of approximately 1,126 square kilometers. The license boundary is about three kilometers from the Sea Lion oil field. The firm has identified 52 prospects with an estimate of approximately 3,083 million barrels of prospective recoverable resource. Argos Exploration Ltd., is its wholly owned subsidiary.