Rockhopper Exploration sells Ireland's United Oil stake for €3.4m

Friday, August 28th 2020 - 08:24 UTC

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Rockhopper Exploration has sold its 18.3% stake in Ireland-based United Oil & Gas for US$ 4m (€3.4m). The deal announced tonight concludes United’s reverse takeover earlier this year of Rockhopper’s Egyptian subsidiary and its operations in the Abu Sennan oil field for US$ 15.5m (€13m). Read full article

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Billy Hayes
RKH is doomed. A company with no income, bad investments and expensive directors.
Aug 28th, 2020 - 09:50 am - Link - Report abuse 0
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Dirk Dikkler
@ “ Billy Hayes”, its like a carbon copy of how Argentina`s Oil Industry is run.
Aug 28th, 2020 - 04:49 pm - Link - Report abuse 0
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