Tag: Rockhopper Exploration

Rockhopper Exploration
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.

Friday, January 13th 2012 - 19:21 UTC

Oil company ensures funds for a Falkland Islands’ two-well drilling round

The Leiv Eiriksson rig expected to arrive in the Falklands within the next ten days

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.

Friday, December 30th 2011 - 21:10 UTC

Rockhopper completes sidetracking of its latest well in Falklands’ waters

Samples of the oil extracted by Rockhopper from Sea Lion prospect

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

Tuesday, December 13th 2011 - 16:08 UTC

Rockhopper announces “fantastic result” with third oil discovery in Falklands

Samuel Moody describes 14/15-4 as “our most aggressive exploratory well”

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.

Tuesday, December 13th 2011 - 08:46 UTC

Falklands oil exploration update

Stephen Phipps Desire chairman: “We are very pleased with this well result”

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.

Friday, December 9th 2011 - 06:32 UTC

Falklands’ oilfield development, Rockhopper Exploration next move

“In the rare position of holding 100% of what we are proving up to be a world-class asset” says Chairman Dr Pierre Jungels

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.

Monday, November 28th 2011 - 15:38 UTC

New drilling in Falklands to confirm southern extension of Sea Lion oil find

The ‘Ocean Guardian’ last drill in the successful Falklands’ round

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.

Wednesday, November 9th 2011 - 22:02 UTC

More oil found in Falklands’ waters: drilling of two additional wells announced

Rockhopper climbed 16% to 252.75 pence, the biggest gain since August 9.

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.

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