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Desire finds North Falkland leads
Oil and gas exploration group Desire Petroleum yesterday revealed it had found two new leads from early results of a 3D seismic survey over its acreage in the North Falkland Basin and has completed a detailed survey in order to identify new targets. Chairman Stephen Phipps said the prospect inventory will continue to grow as fully processed seismic data is delivered and interpreted towards the end of 2011.