Telegraph.co.uk | Oil and gas discovered off Falkland Islands Telegraph.co.uk The London-listed oil explorers found an oil reservoir 25 metres thick and a gas deposit 17.5m thick sandwiched between sands. The well was drilled on a licence area that is 40pc owned by Falkland Oil and Gas, 36pc Premier Oil, and 24pc Rockhopper ... UPDATE 1-Falklands oil explorers report first discovery of 2015 campaign Falkland explorers discover oil and gas in Zebedee, the first well of new campaign Falklands oil explorer looking for associate to develop Darwin discovery |