AmericaSouthMining is actively pursuing oil and gas exploration licenses for off the coast of Argentina and nearby Islands to the South of Argentina.
Oil has been discovered recently in this region with one report stating that based on the flow of oil from one exploration well and the seismic geological reports, the oil reserves could be 3 times more than the North Sea Oil Fields off the Coast of the UK.
AmericaSouthMining to Explore in exploration Oil leases directly off the Coast of Argentina and surrounding waters.
Of great interest to AmericaSouthMining is the near offshore area called the Malvines Basin just off the South Eastern Coast of Argentina
The Rockhopper Field (2) has discovered significant high grade Oil