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Market Cap: £620.33m
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Additional Drilling Slot

26 Apr 2011 07:00

RNS Number : 4105F
Rockhopper Exploration plc
26 April 2011
 

Embargoed: 0700hrs 26 April 2011

 

Rockhopper Exploration plc

 

("Rockhopper" or the "Company")

 

Additional Drilling Slot

 

Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot on the Ocean Guardian drilling rig. Rockhopper now intends to utilise four well slots in succession.

 

Further information concerning the objectives and locations of the wells will be announced as appropriate.

 

Enquiries:

 

Rockhopper Exploration plc

Sam Moody - Chief Executive

Tel. +44 (0)20 7920 2340 (via M: Communications)

 

M: Communications

Patrick d'Ancona or Ben Simons

Tel. +44 (0)20 7920 2340

 

Canaccord Genuity Limited

Charles Berkeley / Henry Fitzgerald-O'Connor

Tel. +44 (0) 20 7050 6500

 

Notes to Editors

 

Rockhopper was established in February 2004 with a strategy to invest in and carry out an offshore oil exploration programme to the north of the Falkland Islands. The Company floated on AIM in August 2005 and holds a 100 per cent. interest in four offshore production licences: PL023, PL024, PL032 and PL033 which cover approximately 3,800 sq. km. Rockhopper has also farmed in (7.5% working interest) to licences PL003 and PL004, which are operated by Desire Petroleum. These licences have been granted by the Falkland Islands government.

 

An extensive work programme has been carried out over a number of years on the licences operated by Rockhopper. This has included 2D and 3D Seismic and Controlled Source Electromagnetic Mapping (CSEM). In February 2010, the Ocean Guardian drilling rig arrived in Falkland waters to carry out a multi-well drilling campaign. Rockhopper drilled an exploration well on its Sea Lion prospect during April and May 2010, the result of which was the first oil discovery and Contingent Oil Resource in the North Falkland Basin. The Sea Lion discovery was successfully tested during September 2010 and was the first oil to flow to surface in Falkland Islands waters. Rockhopper has contracted seismic vessels MV Polarcus Asima and Nadia to carry out a 3D seismic survey, beginning December 2010, over areas of licences PL024, PL032 and PL033 which were not previously defined by 3D, as well as adjacent areas.

 

Rockhopper is currently carrying out further drilling on Licence PL032.

 

Rockhopper Exploration plc www.rockhopperexploration.co.uk

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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CNTDKPDPOBKDQQB
Date   Source Headline
5th Jun 20267:00 amRNSPosting of Annual Report & Notice of AGM
3rd Jun 20267:00 amRNSFinal Results
20th May 20268:16 amRNSSea Lion Operator’s Update
7th May 20269:10 amRNSHolding(s) in Company
1st May 20267:00 amRNSTotal Voting Rights
2nd Apr 20267:00 amRNSSea Lion Reserves Evaluation
2nd Feb 20264:45 pmRNSTotal Voting Rights
21st Jan 20269:10 amRNSDirector Share Dealing
20th Jan 20263:20 pmRNSAppointment of Non-Executive Director
16th Jan 20267:00 amRNSResults of Open Offer and Total Voting Rights
7th Jan 20267:00 amRNSHoldings in Company
5th Jan 20263:20 pmRNSBlocklisting Interim Update
5th Jan 20267:00 amRNSHoldings in Company
2nd Jan 20267:00 amRNSHolding(s) in Company
2nd Jan 20267:00 amRNSHolding(s) in Company
2nd Jan 20267:00 amRNSHolding(s) in Company
2nd Jan 20267:00 amRNSHolding(s) in Company
29th Dec 20251:00 pmRNSPublication of Open Offer Circular
29th Dec 20251:00 pmRNSPublication of Open Offer Circular
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22nd Dec 20257:00 amRNSFinancial Close on Sea Lion Project
10th Dec 202511:40 amRNSFinal Investment Decision on Sea Lion
3rd Nov 20255:30 pmRNSExercise of Options & Blocklisting Application
1st Oct 20257:00 amRNSGrant of options under Long Term Incentive Plan
29th Sep 20257:00 amRNSHalf-year Report
16th Sep 20252:00 pmRNSResult of General Meeting
29th Aug 20257:00 amRNSAnnulment Insurance and Disposal of Italian Assets
22nd Aug 202512:00 pmRNSPublication of Circular & Notice of GM
31st Jul 20257:41 amRNSReplacement: Conditional US$140m Placing
31st Jul 20257:00 amRNSConditional £140m Placing and Proposed Open Offer
7th Jul 20257:00 amRNSBlocklisting Interim Update
7th Jul 20257:00 amRNSAnnulment Insurance Update
1st Jul 20257:00 amRNSTotal Voting Rights
27th Jun 20253:10 pmRNSResult of AGM
5th Jun 20252:30 pmRNSDirector Share Dealing
5th Jun 20257:00 amRNSPosting of Annual Report & Notice of AGM
3rd Jun 20259:15 amRNSUnsuccessful Arbitration Annulment Outcome
3rd Jun 20257:00 amRNSPublication of Independent Resource Evaluation
29th May 20257:00 amRNSFinal Results
1st May 20257:00 amRNSTotal Voting Rights
24th Mar 20257:35 amRNSSea Lion Operator’s Update
17th Feb 20251:14 pmRNSHolding(s) in Company
27th Jan 20257:00 amRNSFull and Final Settlement with United Oil and Gas
7th Jan 20253:40 pmRNSBlocklisting Interim Update
25th Nov 202410:00 amRNSSea Lion Operator’s Update
18th Oct 20247:00 amRNSExtension of Falkland Islands’ Licences
14th Oct 20244:25 pmRNSHoldings in Company
14th Oct 20247:00 amRNSItaly Update
26th Sep 20247:00 amRNSHalf-year Report
5th Jul 20242:07 pmRNSBlocklisting Interim Update

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