ENVIRONMENTAL IMPACT ASSESSMENT FOR OFFSHORE DRILLING THE FALKLAND ISLANDS TO DESIRE PETROLEUM PLC Report No. : EOE0534 RPS Energy, Goldsworth House, Author(s) : J. Perry Denton Way, Goldsworth Park, Woking, Surrey, GU21 3LG, UK. Reviewed : I. Wilson T +44 (0)1483 746500 I. Duncan / M. Gillard F +44 (0)1483 746505 E
[email protected] Date : November, 2005 W www.rpsgroup.com EOE0534 Desire Falklands EIA DS.doc THIS PAGE LEFT INTENTIONALLY BLANK EXECUTIVE SUMMARY Background and Framework This report, also referred to as an Environmental Impact Statement (EIS), presents the findings of an Environmental Impact Assessment (EIA) conducted by RPS Energy with regard to exploratory drilling in the North Falkland Basin. The EIA has been carried out on behalf of Desire Petroleum PLC, who are planning a three well drilling campaign in Tranches C and D of the North Falkland Basin. A non-technical summary of this report has also been prepared and provides a concise version of the principal findings and recommendations presented here. The Falkland Islands are a UK Overseas Territory located on the edge of the Patagonian Shelf in the South Atlantic Ocean. Desire Petroleum PLC (Desire) have been awarded Production Licences by the Falkland Islands Government for the exploration and production of oil and gas in Tranches C and D of the North Falkland Basin. Tranches C and D lie approximately 150km north of the main Islands, with proposed operations taking place in water depths of 350-420m. Once a suitable drilling rig has been contracted, Desire plan to drill three wells, each +/- 3000m and each taking +/- 22 days (excluding well tests).