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8 Oct 2009 07:00
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Rockhopper Exploration plc
("Rockhopper" or "the Company")
Statement RegardingΒ Media Speculation
Rockhopper, theΒ NorthΒ FalklandΒ BasinΒ oil and gas explorer,Β notes theΒ recentΒ media speculation that the Company is actively pursuing an equity financing.
Rockhopper today confirms, asΒ previouslyΒ announced on 11 September, 2009, thatΒ itΒ hopes to drill a minimum of two wells on its operated acreage (owned 100%) as part ofΒ a larger campaign with Desire Petroleum PLC. The Company further confirms that management are considering a variety ofΒ options to finance the cost of the drilling campaign, including a placing of equity.
For further information, please contact:
|
Rockhopper Exploration plc |
www.rockhopperexploration.co.ukΒ |
|
Sam Moody - Managing Director |
01722 414419 |
|
AquilaΒ Financial Limited |
www.aquila-financial.comΒ |
|
Peter Reilly |
0118 979 4100 |
|
Canaccord Adams Limited |
|
|
Jeffrey Auld/Elijah Colby/Β Henry Fitzgerald O'Connor |
020 7050 6500 |
Notes to editors
www.rockhopperexploration.co.ukΒ
The Rockhopper Group started trading in February 2004 to invest in and carry out anΒ offshore oil exploration programme to the north of theΒ Falkland Islands. The Group,Β floated on AIM in August 2005, is currently the largest licence holder in theΒ NorthΒ FalklandΒ BasinΒ and has a 100 per cent. interest in four offshore production licencesΒ which cover approximatelyΒ 3,800 sq. km. These licences have been granted by theΒ Falkland IslandsΒ government.
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