IN BRIEF: Rockhopper moves Sea Lion partner provisions to April 30

Fri, 01st Apr 2022 15:46

Rockhopper Exploration PLC - Salisbury, England-based oil & gas exploration and production company - Extends deadline for previously signed heads of terms with Harbour Energy PLC and Navitas Petroleum LP to April 30 from March 31.

In early December, notes Navitas Petroleum will replace Harbour as its partner on the Sea Lion oil project in the Falkland Islands.

The main elements of the transaction have all been agreed, with a view to signing definitive documentation by this date.

Current stock price: 8.88 pence

12-month change: down 18%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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