Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.
Dr. Jungels is a Director of Baker Hughes Inc in Texas. Also Chairman of Oxford Catalysts plc. He is also a director of Woodside Petroleum Ltd. and Imperial Tobacco Group plc & Chairman of Rockhopper Petroleum. I am not deramping to say that Jungels financial interests in all of the other companies is far greater than that in RKH.
lol...I wonder how much the sp would have dropped if they had sold the same amount of shares and I'm sure there would have been the odd cat on here claiming it was a major vote of no confidence in Ernest/Sealion flowtest!