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Rockhopper Information
Share Price Information for Rockhopper (RKH)
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Share Price:
13.25
Bid:
13.05
Ask:
13.50
Change:
-0.375 (-2.75%)
Spread:
0.45 (3.448%)
Open:
13.25
High:
13.25
Low:
13.25
Prev. Close:
13.65
Last checked at -
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Don't have an account? Click here to register.Rockhopper Exploration makes 'good progress' ahead of new Egyptian campaign
Thu, 03rd Jan 2019 10:32
(Sharecast News) - Oil and gas outfit Rockhopper Exploration told investors on Thursday that it had made some "good progress" with its Falklands operations in its last trading year.Rockhopper revealed that it had extended letters of intent with contractors at its 40% owned Sea Lion asset by up to twelve months as it moved to progress the project to sanction.Elsewhere, Rockhopper's 22% owned Egyptian operations had seen current production from its Abu Sennan project in Egypt hit approximately 3,800 barrels of oil equivalent per day, broadly in line with average production rates throughout 2018, while its Al Jahraa-10 well was brought into production at a rate of 130 barrels of oil per day and its exploration well ASZ-1X was spudded on 8 November.Moving forward, Rockhopper has agreed to an active drilling programme with an unnamed partner in 2019, including the drilling of one exploration well, two development wells and a water injection well, as it continues to target the Al Jahraa field.Drilling will kick off during the first quarter, with capital expenditure expected to come to roughly $4m.On the numbers side of things, the AIM-listed firm saw out the year with a cash balance of $40m but noted that it had accrued unpaid costs of roughly $5m as a result of pre-development expenditures at Sea Lion.As of 1040 GMT, Rockhopper shares had slipped 4.35% to 22p.
More News
23 Dec 2015 13:18
Falkland Oil shareholders face tighter deadline to decide on Rockhopper takeover
LONDON, Dec 23 (Reuters) - Falkland-based shareholders of oil explorer Falkland Oil and Gas have only days to review a takeover offer from Rockhopper and vote on it due to transport problems delaying the delivery of legal papers to the remote islands. Shareholders who reside on the Falkland
Read more7 Dec 2015 16:10
24 Nov 2015 08:58
UPDATE 1-Rockhopper makes takeover offer for Falkland Oil and Gas
(Adds details, analysts' comment, share prices) By Karolin Schaps LONDON, Nov 24 (Reuters) - Rockhopper has made a 57.1 million pound ($86.5 million) takeover offer for rival Falkland Oil and Gas, the companies said on Tuesday in a deal that could breathe fresh life into Falklands' ex
Read more24 Nov 2015 07:20
Rockhopper makes takeover offer for Falkland Oil and Gas
LONDON, Nov 24 (Reuters) - Oil explorer Rockhopper said on Tuesday it had made a takeover offer for rival Falkland Oil and Gas (FOGL) which values the latter at 57.1 million pounds ($86.5 million). The takeover, which will involve FOGL's chief executive and chairman joining the Rockhopper
Read more16 Nov 2015 10:43
Rockhopper Exploration achieves first gas at Civita field onshore Italy
(ShareCast News) - Rockhopper Exploration said first gas production into the network from the Civita gas field onshore Italy began last Friday. The Civita gas field is located within the Aglavizza production concession and is operated by the company with a 100% working interest. It will be commissio
Read more10 Nov 2015 10:24
Rockhopper expects $7m revenue from Italian offshore project
(ShareCast News) - Oil and gas explorer Rockhopper Exploration said its partner at the Guendalina gas field offshore Italy had successfully completed the drilling of the GU2-Dir A well. Italian energy giant Eni, which owns an 80% stake in the project to Rockhopper's 20%, drilled the well, which is e
Read more