Desire Petroleum
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Desire Petroleum
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 for £61million on 5 December 2013. Falkland Oil & Gas was itself acquired by Rockhopper Exploration plc in November 2015. History Desire Petroleum was founded in 1996 by Dr Colin Phipps, a former geologist for Royal Dutch Shell. The company was named after ''Desire'', the ship, captained by John Davis, which discovered the Falkland Islands in 1592. In 1998 the company was floated on the Alternative Investment Market. Desire Petroleum were awarded licences for drilling in the Falklands in 1997, and test drilling was carried out in 1998. Oil was not found in commercial quantities, and the price of oil, until 2007-8 was not hi ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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John Davis (English Explorer)
John Davis ( – 29 December 1605) was one of the chief navigators of Queen Elizabeth I of England. He led several voyages to discover the Northwest Passage and served as pilot and captain on both Dutch and English voyages to the East Indies. He discovered the Falkland Islands in August 1592. Life and career Davis was born in the parish of Stoke Gabriel in Devon circa 1550, and spent his childhood in Sandridge Barton nearby. It has been suggested that he learned much of his seamanship as a child while playing boats along the river Dart, and went to sea at an early age. His childhood neighbours included Adrian Gilbert and Humphrey Gilbert and their half-brother Walter Raleigh. From early on, he also became friends with John Dee. He began pitching a voyage in search of the Northwest Passage to the queen's secretary Francis Walsingham in 1583. Two years later, in 1585, the secretary relented and funded the expedition, which traced Frobisher's route to Greenland's east coast, ...
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Non-renewable Resource Companies Established In 1996
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ...
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Energy Companies Established In 1996
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Companies Based In Herefordshire
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Oil And Gas Companies Of The United Kingdom
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Western Gates To Mathon Court - Geograph
Western may refer to: Places *Western, Nebraska, a village in the US *Western, New York, a town in the US *Western Creek, Tasmania, a locality in Australia *Western Junction, Tasmania, a locality in Australia *Western world, countries that identify with shared "Western" culture Arts and entertainment Films * ''Western'' (1997 film), a French road movie directed by Manuel Poirier * ''Western'' (2017 film), a German-Austrian film Genres *Western (genre), a category of fiction and visual art centered on the American Old West **Western fiction, the Western genre as featured in literature **Western music (North America), a type of American folk music Music * ''Westerns'' (EP), an EP by Pete Yorn *WSTRN, a British hip hop group from west London Business *The Western, a closed hotel/casino in Las Vegas, United States *Western Cartridge Company, a manufacturer of ammunition *Western Publishing, a defunct publishing company Educational institutions *Western Washington University i ...
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Wiltshire
Wiltshire (; abbreviated Wilts) is a historic and ceremonial county in South West England with an area of . It is landlocked and borders the counties of Dorset to the southwest, Somerset to the west, Hampshire to the southeast, Gloucestershire to the north, Oxfordshire to the northeast and Berkshire to the east. The county town was originally Wilton, after which the county is named, but Wiltshire Council is now based in the county town of Trowbridge. Within the county's boundary are two unitary authority areas, Wiltshire and Swindon, governed respectively by Wiltshire Council and Swindon Borough Council. Wiltshire is characterised by its high downland and wide valleys. Salisbury Plain is noted for being the location of the Stonehenge and Avebury stone circles (which together are a UNESCO Cultural and World Heritage site) and other ancient landmarks, and as a training area for the British Army. The city of Salisbury is notable for its medieval cathedral. Swindon is the ...
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Salisbury
Salisbury ( ) is a cathedral city in Wiltshire, England with a population of 41,820, at the confluence of the rivers Avon, Nadder and Bourne. The city is approximately from Southampton and from Bath. Salisbury is in the southeast of Wiltshire, near the edge of Salisbury Plain. Salisbury Cathedral was formerly north of the city at Old Sarum. The cathedral was relocated and a settlement grew up around it, which received a city charter in 1227 as . This continued to be its official name until 2009, when Salisbury City Council was established. Salisbury railway station is an interchange between the West of England Main Line and the Wessex Main Line. Stonehenge is a UNESCO World Heritage Site and is northwest of Salisbury. Name The name ''Salisbury'', which is first recorded around the year 900 as ''Searoburg'' ( dative ''Searobyrig''), is a partial translation of the Roman Celtic name ''Sorbiodūnum''. The Brittonic suffix ''-dūnon'', meaning "fortress" (in reference ...
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Reflection Seismology
Reflection seismology (or seismic reflection) is a method of exploration geophysics that uses the principles of seismology to estimate the properties of the Earth's subsurface from reflected seismic waves. The method requires a controlled seismic source of energy, such as dynamite or Tovex blast, a specialized air gun or a seismic vibrator. Reflection seismology is similar to sonar and echolocation. This article is about surface seismic surveys; for vertical seismic profiles, see VSP. History Reflections and refractions of seismic waves at geologic interfaces within the Earth were first observed on recordings of earthquake-generated seismic waves. The basic model of the Earth's deep interior is based on observations of earthquake-generated seismic waves transmitted through the Earth's interior (e.g., Mohorovičić, 1910). The use of human-generated seismic waves to map in detail the geology of the upper few kilometers of the Earth's crust followed shortly thereafter and h ...
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Price Of Oil
The price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. This changed in the 1970s, with a significant increase in the price of oil globally. There have been a number of structural drivers of global oil prices historically, including oil supply, demand, and storage shocks, and shocks to global economic growth affecting oil prices. Notable events driving significant price fluctuations include the 1973 OPEC oil embargo targeting nations that had supported Israel during the Yom Kippur War ...
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Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ...
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