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  3. Rockhopper Share Price
  4. Rockhopper Share News
  5. IN BRIEF: Rockhopper says Navitas buys Premier Oil Exploration

Pin to quick picksRockhopper Share News (RKH)

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Share Price Information for Rockhopper (RKH)

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Share Price: 13.40
Bid: 12.90
Ask: 13.90
Change: 0.00 (0.00%)
Spread: 1.00 (7.752%)
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Prev. Close: 13.40
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IN BRIEF: Rockhopper says Navitas buys Premier Oil Exploration

Tue, 19th Apr 2022 14:36

Rockhopper Exploration PLC - Salisbury, England-based oil & gas exploration and production company - Says Navitas Petroleum LP will buy Premier Oil Exploration & Production Ltd. Rockhopper and Navitas to align working interests across North Falkland Basin licenses.

Harbour Energy, a North Sea-focused oil and gas firm, held all of its Falkland Island licenses in its now former subsidiary company Premier Oil Exploration & Production. Navitas bought the company by buying all shares.

Navitas will receive 65% of the licenses from its acquired company, while Rockhopper receives the remaining 35%.

Meanwhile, Harbour Energy PLC, signs documentation with Rockhopper and Navitas over North Falkland Basin.

Current stock price: 8.90 pence, down 5.2% on Tuesday

12-month change: down 5.1%

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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