Falklands' oil exploration: Rockhopper announces investments in Sea Lion

Wednesday, February 8th 2017 - 10:17 UTC

Full article 9 comments

Rockhopper Exploration plc has provided its latest operational and corporate update which includes the North Falkland Basin Sea Lion project and has announced that the technical engineering is approaching conclusion and a settlement on the Eirik Raude rig dispute has been reached. Read full article

Comments

Disclaimer & comment rules

golfcronie
Glad to hear that Premier and Rockhopper are doing well and the FEED process is almost complete.
Feb 08th, 2017 - 10:46 am - Link - Report abuse 0
-+
Brit Bob
Regarding Falklands oil exploration, Argentine Foreign Minister Jorge Taiana stated in February 2010, that his Government would take 'all measures necessary to preserve our rights' and also reiterated that Argentina had a 'permanent claim' on the islands, saying 'Buenos Aires would complain to the UN over the oil project and might take the case to the International Courts of Justice in the Hague.' (British Drilling for Falklands Oil Threatens Argentine Relations, Pope F. 13 Feb 2010 & Potential Drilling off Falklands Provokes Tensions Between UK & Argentina IRRU News 17 Feb 2010)

Why's it taking so long Jorge?

Falklands – Territorial Waters: https://www.academia.edu/10574593/Falklands_Islands_Territorial_Waters

Ah that's why.
Feb 08th, 2017 - 11:02 am - Link - Report abuse +1
-+
Marti Llazo
If we use the rate of exchange of One Barrel of Reserve Oil = One Reason, then it looks as though there are well in excess of 1 billion Reasons why the Falklands will remain British.
Feb 08th, 2017 - 01:12 pm - Link - Report abuse 0
-+
Think
Freakin' good news...
That's why RKH shares went down 0.93%...
And PMO shares went down 2.19%
http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00B43G0577GBGBXSSMM.html?lang=en

Chuckle..., chuckle...
Feb 08th, 2017 - 10:44 pm - Link - Report abuse -3
-+
golfcronie
Poor ol tink, look at any shares , good days ,bad days depends on what the market thinks. Today RKH -0.73% PMO+1.5% There you go. But long term I warrant they will be huge.
Feb 09th, 2017 - 11:20 am - Link - Report abuse +1
-+
Think
Ahhhhh...
“Long term”...
Like five years...???...:
PMO shares in Feb. 2017...: ~80 pennies - PMO shares in Feb. 2012...: ~400 pennies.
RKH shares in Feb. 2017....: ~27 pennies - RKH shares in Feb. 2012....: ~380 pennies.

Rest my case... and chuckle...
Feb 09th, 2017 - 12:32 pm - Link - Report abuse -1
-+
Marti Llazo
That's why tinkle has been so unsuccessful in his investments. Can't understand the concept of long-term development.
Feb 09th, 2017 - 05:25 pm - Link - Report abuse +1
-+
Think
TWIMC...

Every cat and dog out there in the market knows that Premier Oil is looking hard for a buyer foolish enough to overtake their failed Malvinas Oil Adventure...
No movments...,other than downwards..., for Malvinas Oil Shares in the next few years...
At that point we will be here...: https://www.bloomberg.com/features/2016-ev-oil-crisis/

By the way... Even I am Thinking of replacing my quite new 150cc Vespa Primavera with the new Vespa Elettrica coming out later this year...
Feb 09th, 2017 - 05:47 pm - Link - Report abuse -1
-+
The Voice
“Even I am Thinking of replacing my quite new 150cc Vespa Primavera with the new Vespa Elettrica coming out later this year...”

Up there in Brook Street Mr Khan will surely insist you do turnip.
Feb 09th, 2017 - 10:26 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!