Tag: RKH

RKH
Wednesday, May 9th 2012 - 17:59 UTC

Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

Rockhopper has found oil at its Sea Lion field in the North Falkland basin

Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.

Wednesday, May 2nd 2012 - 22:42 UTC

With oil development in mind, Falklands’ trade delegation visits Aberdeen and Shetlands

Oil industry infrastructure is rapidly building up in Stanley (Photo by Graham Bound)

A numerous delegation from the Falkland Islands Chamber of Commerce is on its way to Scotland for a five day high-profile meeting with peers from Aberdeen and the Shetland Islands which begins next May 8.

Monday, March 19th 2012 - 06:44 UTC

Falklands’ oil company delays report on deep water exploratory drilling

Apparently there have been some technical problems with the Leiv Eiriksson rig equipment

UK based oil firm Borders & Southern pushed back the time frame for initial results from an exploration campaign offshore the Falkland Islands after a deep water well experienced technical issues.

Thursday, March 15th 2012 - 22:17 UTC

Quick reply to Argentina: UK reaffirms Falklands’ right to develop hydrocarbons resources

”Hydrocarbon exploration is a legitimate commercial venture” and integral part of the right to self determination, says FCO

Britain waited only a few minutes for Argentina to finish detailing a barrage of legal and administrative threats against anybody and everybody involved in the Falklands oil industry, and firmly stated its full support to the Islanders development of their hydrocarbons resources.

Friday, February 17th 2012 - 03:59 UTC

UK analysts says Falklands’ oil industry could be worth 180 billion dollars in royalties and taxes

Stanley is working on infrastructure for the oil industry

A leading UK market and investment analyst, Edison Investment Research looks at the prospects of the Falkland Islands oil industry and suggests the industry could be worth 180 billion dollars in royalties and taxes.

Wednesday, February 1st 2012 - 14:43 UTC

Falklands’ second exploration round takes off south of the Islands

Ocean ultra-deepwater semi-submersible rig Leiv Eiriksson spudded the first well this week

A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.

Monday, January 23rd 2012 - 17:19 UTC

US oil company makes 1.6bn dollars offer for Falklands’ Rockhopper: shares soar

Rockhopper needs 2 billion dollars to develop the Sea Lion prospect

Rockhopper Exploration Plc shares surged in London trading following a report that Texas based Anadarko Petroleum Corp. is in talks with the only company to have made a commercial oil discovery off the Falkland Islands.

Sunday, January 22nd 2012 - 05:44 UTC

Falklands confirms second oil rig has reached the Islands; spudding planned for Monday

Leiv Eiriksson oil exploration rig has reached Falklands’ waters

Falklands oil industry sources confirmed that the semi-submersible Leiv Eiriksson oil exploration rig has reached Falklands’ waters and should be spudding its first well next Monday.

Tuesday, January 17th 2012 - 06:54 UTC

Rockhopper shares soar as talks for a partner in Falklands’ oil operation advance

Rockhopper Chairman Pierre Jungels said seven or eight companies were interested

Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.

Monday, January 16th 2012 - 02:28 UTC

Merrill Lynch appointed to find partners to develop Falklands’ oil project

Rockhopper which found oil and gas needs 2 billion dollars to develop the Sea Lion project

Rockhopper Exploration which recently discovered oil and gas in Falkland Islands waters has appointed Bank of America Merrill Lynch to lead the process of finding a partner for its 2 billion dollars oil project in the North Falkland basin, reports the London media.

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