Rockhopper, Premier and Navitas LP confirm Falklands' Sea Lion farm-in agreement

Friday, May 1st 2020 - 08:27 UTC

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Rockhopper Exploration has provided an update on its previously announced Heads of Terms with Navitas Petroleum LP to farm into the Sea Lion project in the North Falkland Basin. Read full article

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portman
this latest update, together with the approval of the environmental impact assessment and amendments to the tax regime, to ensure the fi remains attractive for the investment required, represents excitingly good news for shareholders provided the oil can be produced at a competitive price and buyers can be found. not sure if fig would be in a financial position to buy any unsold barrels bearing the falklands finest label!
May 01st, 2020 - 01:25 pm - Link - Report abuse 0
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Think
Sr. Portman...

***“excitingly good news for shareholders”***..., you say...

Well..., with news like this...: https://www.thetimes.co.uk/article/oil-price-may-not-recover-for-three-years-shell-warns-t3w53rrsg
And a current WTI barrel price of under 20 U$D..., I'm having some difficulty spotting any “excitement” on them hard proven South Atlantic Mississippi Bubble shareholders...

Just saying...
May 01st, 2020 - 05:37 pm - Link - Report abuse -2
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