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.
Latest press releases from Rockhopper
Rockhopper Exploration ("Rockhopper") (AIM: RKH) is an AIM listed oil and gas exploration company based in the United Kingdom.
Rockhopper has licences to explore for oil and gas in the North Falkland Basin, a basin with two proven petroleum systems and a proven high quality oil source rock.
The company was admitted to AIM in 2005 and has since completed an extensive work programme in the area, including two 2D seismic surveys, a 3D seismic survey, four CSEM lines, site surveys and benthic sampling.
In February 2010, the Ocean Guardian drilling rig arrived in Falklands waters to carry out a multi-well drilling campaign. Rockhopper drilled an exploration well on its Sea Lion prospect during April and May 2010, the result of which is the first oil discovery and Contingent Oil Resource in the North Falkland Basin.
With the well on the Sea Lion prospect successfully flow tested during September 2010, the company is fully funded to undertake an extensive exploration and appraisal programme across all of its acreage during 2011.
Falklands : Falklands Summary of Executive Council Meeting Held on 27 January 2011
Approval was given to allow amendments to the environmental clauses in the offshore Minerals Ordinance (1994). This amendment will make it mandatory for EIAs and EISs to be undertaken when companies seek approval to drill exploration, appraisal and production wells and conduct Drill Stem Tests offshore.
Brazil and UK ready to sign huge defence contract, say media reports
Brazil with a defence market described as one of the fastest growing in the world will be signing a defence agreement with the UK which should open the way for a deal worth billions of dollars, according to reports in the Brazilian and UK media
FALKLANDS oil explorer ROCKHOPPER was on the move yesterday amid talk of a second discovery in the South Atlantic. Shares climbed 12.87p to 386.87.....i hope so!!!!!