Tag: Rockhopper Exploration

• Wednesday, November 3rd 2010 - 02:05 UTC

  Falklands Desire plans drilling a second vertical well at the Rachel prospect

  

  Falklands’ Desire Petroleum announced that its sidetrack well in the Rachel prospect was exposed to a mechanical failure and therefore it will not be possible to obtain any wire-line logging data.

• Wednesday, October 27th 2010 - 10:42 UTC

  Falkland Islands: Desire Petroleum announce a 3D Seismic Programme

  

  Desire Petroleum plc (AIM:DES), the oil and gas company wholly focused on the North Falkland Basin, is pleased to announce the signing of a contract for marine seismic acquisition services with Polarcus Limited for the use of the seismic vessel MV Polarcus Nadia.

• Monday, October 18th 2010 - 21:58 UTC

  Rockhopper plans to raise £ 200 million for further oil drilling in Falklands

  

  Rockhopper Petroleum Plc, an oil explorer focused on the Falkland Islands, plans to raise about £200 million (318 million USD) through a share placement to pursue additional appraisal of its Sea Lion prospect.

• Friday, September 17th 2010 - 20:43 UTC

  Rockhopper declares Falklands’ oil discovery will be commercially viable

  

  Rockhopper Exploration (RKH.L) said it believed its oil discovery offshore the Falklands Islands will be commercially viable. A test at the Sea Lion 1 well in the North Falkland basin produced sustained rates of over 2,000 barrels of oil per day, in line with its hopes, Rockhopper said in a statement on Friday.

• Friday, September 3rd 2010 - 13:04 UTC

  Falkland Islands: Oil activities still remain encouraging

  

  THE offshore oil drilling rig Ocean Guardian continues its work at Rockhopper Exploration’s Sea Lion well, where hydrocarbons were encountered earlier this year. The well at that time was suspended for re-entry and testing.

• Thursday, August 19th 2010 - 06:05 UTC

  Rockhopper confirms Falklands’ drilling program; shares rebound

  

  After stating that its first well (Ernest) drilled in the southern part of the North Falkland Basin has been declared dry, Rockhopper Exploration (AIM: RKH) was sold down to 265p before rallying sharply to close Wednesday only 2.5p cheaper at 301.25p.

• Friday, July 9th 2010 - 03:57 UTC

  Fifth company, Argos plans to drill for oil off the Falkland Islands says FT

  

  A fifth UK company plans to drill for oil off the Falkland Islands after it raises £70m in a London stock market listing, reports the Financial Times. Argos Resources, which holds licences next to the landmark 250m-barrel Falklands’ oil discovery made by peer Rockhopper Exploration in May, hopes to achieve a £200m value on AIM.

• Saturday, July 3rd 2010 - 22:43 UTC

  Rockhopper confirms medium grade crude in North Falklands; FOGL to announce South Falklands results

  

  Rockhopper Exploration one of the four companies operating with Falkland Islands government licences reported last Friday that samples from its recent discovery on the Sea Lion prospect in the North Falkland basin have been confirmed as medium grade crude.

• Friday, June 4th 2010 - 06:52 UTC

  Rockhopper has confirmed the first Contingent Oil Resource in the Falklands.

  

  Sam Moody, Managing Director, commented:”Our analysis of the data from the Sea Lion well suggests that there is significant potential upside on our acreage and our technical effort will now focus on integrating all of our new knowledge of the basin so we can understand and identify the best prospects for future drilling.”

• Monday, May 10th 2010 - 18:44 UTC

  Falklands’ Oil Discovery Announcement Has Rockhopper Shares up 32% Monday

  

  Shares in Rockhopper Exploration (LON:RKH) soared by 32% on Monday morning, after the latest results of its Sea Lion oil discovery in the Falkland Islands suggested a good quality reservoir.