Tag: Rockhopper ExplorationRockhopper Exploration
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.
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.
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.
UK-based Falkland Oil and Gas (FOGL) announced on Friday it has raised £48.5m (74.3m dollars) through a placing of new ordinary shares to fund drilling of exploration wells in Falkland Islands while it continues active discussions with potential partners for a farm-out.
Rockhopper Exploration, the oil and gas group working in the Falkland Islands announced on Friday it has completed coring and logging operations on a sidetrack of its latest well in the North Falkland Basin
Rockhopper Exploration PLC reported a “fantastic result” as its third discovery in the North Falkland basin encountered oil and-or wet gas in four hydrocarbon-bearing target zones, said the company on a Tuesday release in London.
Desire Petroleum plc (AIM:DES) the exploration company wholly focused on the North Falkland Basin notes the announcement made today by Rockhopper Exploration plc (“the Operator”) regarding the 14/15-4 well. Desire has a 40% carried interest in this well.
Rockhopper Exploration announced Thursday in its interim results statement that the Falkland Islands drilling campaign has been very successful as it has established the Sea Lion discovery as a world-class asset.
Rockhopper Exploration announced Monday the spudding of its last well of the current successful drilling round in Falkland Islands waters. The well 15/15-4 in the North Falkland basin is situated on Licence PL004b in which Rockhopper will earn a 60% interest following the drilling, with Desire Petroleum holding a 40% interest.
Rockhopper Exploration declared a second oil and gas discovery in Falkland Islands waters and announced the drilling of an additional two wells. The announcement comes exactly two years to the day since the Falklands’ shore based yard began its work in support of oil development in the Islands.