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Rockhopper Exploration PLC - oil & gas company with interests in the North Falkland Basin and Greater Mediterranean regions - Continues to believe it has "strong prospects of recovering very significant monetary damages" against Italy in relation to the Ombrina Mare field.
Notes international arbitration tribunal says: "The tribunal has made significant progress and confirms that it should be in a position to complete its work in the course of July."
Company maintains Italy's breached Energy Charter Treaty.
On May 14, had said it expects tribunal award in July.
Current stock price: 9.72 pence
Year-to-date change: up 57%
By Paul McGowan; paulmcgowan@alliancenews.com
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