Desire Petroleum

Desire Petroleum plc
Company typePublic limited company
IndustryHydrocarbon exploration
Founded1996
FounderColin Phipps
HeadquartersMalvern, England
Key people
Dr Ian Duncan
(Chief Executive)
ServicesOil exploration and production
-£1.47m (2008)

Desire Petroleum plc was an oil and gas exploration company headquartered in Malvern, England. It owned offshore exploration and production licences in the North Falkland Basin in the waters north of the Falkland Islands and its core focus was to develop the basin into a major new hydrocarbon province.

Desire Petroleum was acquired by Falkland Oil and Gas[1] for £61million on 5 December 2013. Falkland Oil & Gas was itself acquired by Rockhopper Exploration plc in November 2015.[2]

  1. ^ Tom McIvor (5 December 2013). "Falkland Oil & Gas Acquisition Of Desire Petroleum Now Effective". LSE.co.UK. Retrieved 16 December 2013.
  2. ^ Jon Yeomans (24 November 2015). "Rockhopper to buy Falkland Oil and Gas in £57m deal". The Daily Telegraph. Retrieved 7 December 2016.