Company type | Public limited company |
---|---|
Industry | Hydrocarbon exploration |
Founded | 1996 |
Founder | Colin Phipps |
Headquarters | Malvern, England |
Key people | Dr Ian Duncan (Chief Executive) |
Services | Oil 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]