Tag: Rockhopper Exploration Plc

• Wednesday, February 5th 2014 - 08:21 UTC

  Falklands' oil industry developer Premier CEO steps down

  

  Shares in UK's Premier Oil, which has interests in developing Falkland Islands oil, soared almost 9% on Tuesday despite news that its chief executive is to step down after nine years at the helm. Simon Lockett will leave his position and the board of Premier once a successor has been appointed.

• Sunday, January 26th 2014 - 02:27 UTC

  Four Wells planned by Rockhopper for 2014

  

  ROCKHOPPER Exploration has identified four wells it plans to drill in the upcoming 2014-2015 drilling campaign in the Falkland Islands.

• Thursday, January 2nd 2014 - 18:21 UTC

  Falklands 2014 oil industry major focus: how to develop the Sea Lion discovery

  

  After a busy 2011 and 2012, 2013 was a relatively quiet year for exploration around the Falkland Islands in the South Atlantic Ocean. The various companies involved in the region's nascent oil and gas industry preferred to spend the year focusing on seismic data acquisition campaigns and consolidating some of their assets.

• Thursday, December 26th 2013 - 05:43 UTC

  Falklands offshore exploration drilling agenda for Rockhopper

  

  Rockhopper Exploration has issued details of its next planned exploration wells offshore the Falkland Islands. The details were published on the Offshore site 23 December. Rockhopper was the first of several companies operating in Falklands waters to confirm the existence of oil and gas.

• Wednesday, December 18th 2013 - 16:46 UTC

  Falklands to cash 146m dollars from tax on farm-out deal in oil industry

  

  An agreement has been reached between the Falkland Islands government and Rockhopper Exploration regarding tax arising from the Sea Lion farm-out to Premier Oil, an operation involving a billion US dollars, and which according to the settlement generated a credit of 146m dollars for the Islands Treasury.

• Friday, November 29th 2013 - 22:06 UTC

  Falklands involved oil company expects to raise £100 million in bond offer

  

  Premier Oil expects to raise at least £100 million in a bond offer scheduled to close on 6 December. The FTSE 250 oil and gas company, with interests in the Falkland Islands, the North Sea, and South-East Asia, said its 5% sterling bonds auction has already built a book value of at least £100 million.

• Monday, November 11th 2013 - 23:46 UTC

  Falklands oil companies bombarded with warning-letters from Argentina

  

  Argentina has begun a determined campaign to deter companies from drilling for oil in disputed waters around the Falkland Islands in the south Atlantic. On the eve of a visit by UK parliamentarians to Buenos Aires this week, the Argentine embassy in London warned that legal action was being ramped up against drillers and their suppliers, reports Terry Macalister in The Guardian.

• Tuesday, October 29th 2013 - 14:09 UTC

  Falklands General Election: an important choice for a time of change

  

  The constitution of the Falkland Islands requires that a general election be held every four years to choose the eight members of the Islands’ Legislative Assembly or lower house of government. The next General Election is due to be held on November 7th this year.

• Sunday, October 6th 2013 - 06:40 UTC

  Falklands ‘confident’ about ‘mutually acceptable outcome’ on taxes with oil company

  

  The Falkland Islands Government remains, “confident that a mutually acceptable outcome can be reached with Rockhopper,” on the matter of their tax bill from FIG, confirmed Financial Secretary Nicola Granger last week and indicated the situation would have no impact on local tax laws.

• Monday, September 2nd 2013 - 12:28 UTC

  Falklands’ Argos considering drilling finance options and confident about new exploration round

  

  Falkland Islands Argos Resources oil and exploration company have said that they are extremely well placed to participate in the next round of exploration drilling in the Falklands and they are continuing to consider various ways to finance drilling.