Desire Petroleum plc was an oil and gas exploration company headquartered in Malvern, England.

[2] 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 the northern section of the basin this covers the prospects of Rachel, Kath, Pam, Ann, Anna, Liz, South Orca, Ninky, Beth, Jayne and Helen.

Stock market disappointment that the first well was not an immediate commercial discovery of oil led to an immediate slump in share price, though Desire continue to analyse the data gathered in order to assist with the remainder of the drilling programme.