Falkland Oil and Gas Limited explores for offshore oil and gas in the Falkland Islands. The company operates through two segments, North Basin, and South and East Basin. Its license portfolio covers the north, south, and east of the Falkland basins. Falkland Oil and Gas Limited was incorporated in 2004 and is headquartered in London, the United Kingdom. As of January 18, 2016, Falkland Oil and Gas Ltd. operates as a subsidiary of Rockhopper Exploration plc.