Argentina-Oil in the South Atlantic.

ARGENTINA.

NEW OIL PLATFORM ARRIVES.

The new oil platform for the South Atlantic oil exploration, have arrived in Argentina.

The platform which cost US$150 million, will start work this week in Patagonia.The rig will start drilling 35 kilometers off shore.

Patagonia already has a fledgling oil industry, the new platform will develop what is believed to be very large new reserves.

This is the second platform, which has caused considerable interest to the British government and the reserves that could be in the territorial waters of the Falklands