Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Rockhopper Exploration (RKH)     

markymar - 15 Aug 2005 15:14

Web Page Traffic Counter

http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




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.




free counters

HARRYCAT - 11 Apr 2017 10:22 - 6275 of 6294

StockMarketWire.com
Rockhopper has swung to a FY pretax profit of $98.0m, from a loss of $44.7m, as it delivered on a number of operational, corporate and strategic objectives.

The company's revenue improved to $7.42m, from $3.97m.

CEO David McManus said that, in 2016, Rockhopper delivered on a number of operational, corporate and strategic objectives.

These included completing a highly successful exploration campaign in the Falklands, progressing the company's flag-ship Sea Lion development into FEED, whilst at the same time adding material incremental production in the Greater Mediterranean.

"As the technical engineering phase of the Sea Lion FEED approaches conclusion, focus will shift in 2017 to the commercial, fiscal and financing elements of the project," said McManus.

"With the spot price for Brent crude fluctuating around $55 per barrel in early 2017, and the cost efficiencies realised through the FEED process, the Board is convinced the economics of the Sea Lion project are sufficiently robust to be sanctioned in the current environment, assuming the required capital investment can be secured," he said. "As a result of the acquisition of Beach Egypt, combined with corporate cost savings achieved through the year, operating cash flows are expected to broadly cover the Group's overheads during 2017."

McManus added that directors believed this production and cash flow, when combined with Rockhopper's existing balance sheet, helped secure the long-term sustainability of the company whilst preserving flexibility to further grow its Greater Mediterranean business in 2017.

HARRYCAT - 26 Apr 2017 09:52 - 6276 of 6294

StockMarketWire.com
Rockhopper Exploration announces the start of the 2017 drilling campaign on the Abu Sennan Concession in Egypt.

The company has a 22% working interest in the concession.

Exploration well Al Jahraa SE-2X, situated on the recently awarded Abu Sennan-5 (Al Jahraa South East) Development Lease, was spudded on 25 April 2017 by the Operator Kuwait Energy as part of a two-well drilling campaign.

The well would target the Cretaceous Abu Roash-C reservoir in the fault block immediately to the south of the Al Jahraa South East discovery location where, if successful, it could add over 20 mmbbls of STOIIP to the development lease.

The well was anticipated to take about 40 days to drill and evaluate, and in the success case would be immediately completed as an oil producer.

Following completion of the Al Jahraa SE-2X well, the rig woulds move to the Al Jahraa-9 location to drill a development well, which would target the AR-C reservoir at a location deeper than the current deepest oil penetration at Al Jahraa-4.

"The aim will be to demonstrate the connection between the Al Jahraa and Al Jahraa South East fields through the oil leg," the company said.

HARRYCAT - 08 Jun 2017 10:52 - 6277 of 6294

StockMarketWire.com
Rockhopper Exploration has confirmed the disposal of a portfolio of non-core interests onshore Italy to Northern Petroleum.

It said the deal was structured as the sale of Rockhopper Civita Ltd, a subsidiary company that at completion would hold all of the Petroleum Licences being disposed.

Under the terms, Northern would assume all future abandonment and decommissioning liabilities associated with the Petroleum Licences.

In consideration, Rockhopper would make a cash payment to Northern at completion of $1.6m.

"Following completion of the transaction, which is expected by year end 2017 and is subject to standard regulatory approvals in Italy, Rockhopper's interests in Italy will be focused on the producing Guendalina gas field and the Serra San Bernado exploration permit (which contains the Monte Grosso exploration prospect)," the company said.

"The previously announced international arbitration against the Republic of Italy in relation to the Ombrina Mare project is unaffected by this transaction."

The Petroleum Licences comprised:
- Scanzano Concession (100% interest)

- Monte Verdese Concession (60% interest)

- Torrente Celone Concession (50% interest)

- Aglavizza Concession (100% interest)

- Civita Permit (100% interest)

- San Basile Concession (85% interest).

- 03 Nov 2017 08:06 - 6278 of 6294

We are an Oil & Gas Trading Company which deals on Russian Petroleum Product Service FOB Rotterdam for JP54, JA1, D6,D2 and CIF Basics for all Russian Origin Products., with good and workable procedure.. We are expert in exportation of Russian Petroleum Product around the globe.
Regards;
Krivtsov Afanasy
Tel: +7 9265036559
4 Blvd. Kirishi, Leningrad Region Russia 187110
E-mail: Krivtsovoilconsultant@yandex.ru
Email: krivtsovoilgasconsultant@mail.ru
Skype: krivtsovoilandgasconsultant

required field - 03 Jan 2018 16:30 - 6279 of 6294

This is going to jump upwards if there are any rumours about a development rig being sent to the north Falklands.....

markymar - 11 Jan 2018 19:44 - 6280 of 6294

http://www.edisoninvestmentresearch.com/research/report/rockhopper-exploration683754/full

Rockhopper Exploration
Sea Lion on track for 2018 sanction
11 January 2018 | Oil & gas, Rockhopper Exploration, Flash

required field - 12 Jan 2018 12:15 - 6281 of 6294

There are several of these mid-cap oil companies that are now starting to recover......in line with crude of course.....RKH sp slowly recovering.....

Bullshare - 17 Jan 2018 10:03 - 6282 of 6294

If you are looking for some new investment ideas for 2018, then come along the Shares and AJ Bell Investor Evening in London. Directors from London Stock Exchange listed companies will present their latest plans regarding development and growth, you will have also have the opportunity to talk directly to the Directors and put forward your questions.
 
 
PrimaryBid - PrimaryBid the leading online equity funding platform, available on both web and mobile, that enables investors to gain access to placings, fundraisings and IPOs of AIM-listed companies. The platform is open to all investors and is supported by the broking community as a way of accessing, on behalf of their AIM clients seeking capital, the large and active private investor market, as well as institutions.  To date almost £37m has been sourced for issuers, via the platform.
 
 
Rockhopper Exploration (RKH) - Rockhopper is an AIM listed oil and gas company based in the UK with interests in the Falkland Islands and the Greater Mediterranean region. Rockhopper’s strategy is to build a well-funded, full-cycle, exploration led E&P company.
 
The Company is the leading acreage holder in the North Falkland Basin with independently audited 2C oil resources, net to Rockhopper, in excess of 250 mmbbl.
 
Through a series of acquisition and organic growth initiatives, Rockhopper has built a portfolio of production and exploration assets in the Greater Mediterranean which produced approximately 1,350 boepd during 2016 and is expected to generate material future exploration activity.
 
 
Valirx (VAL) - Valirx Plc is an oncology-focussed Biopharmaceutical Company, developing treatments and diagnostics. Technologies are selected by using rigorous clinical and commercial processes to address unmet market needs.
 
Clinical lead product is VAL201, a peptide for prostate cancer with follow-on indications in ovarian and breast cancers and endometriosis. Product VAL401, is a small molecule reformulation for lung cancers.
 
The Company’s proprietary technology platform, GeneICE, enables selective silencing of rebellious genes’ inappropriate activity. VAL101, the first GeneICE therapeutic, targets and reduces expression of Bcl-2, implicated in about half of cancers. GeneICE extension to neurology and inflammatory diseases will follow.
Who Should Attend?

The evening is a perfect opportunity for existing shareholders or potential investors to hear from those that matter, the directors running the companies and fund managers managing their fund. Who better to explain the future potential and strategy. 

Date:

Tuesday 13 February 2018

Venue:

Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR

Event Timings:
18.00 
Registration and coffee
18.30 
Presentations
• Dave Mutton, Chief Operating Officer - PrimaryBid
• Stewart MacDonald, CFO - Rockhopper Exploration (RKH)
• Dr. Satu Vainikka, CEO - Valirx (VAL)
+ More to be announced
20.30 
Drinks reception and canapés
21.30 
Close
PrimaryBid
PrimaryBid 

PrimaryBid the leading online equity funding platform, available on both web and mobile, that enables investors to gain access to placings, fundraisings and IPOs of AIM-listed companies. The platform is open to all investors and is supported by the broking community as a way of accessing, on behalf of their AIM clients seeking capital, the large and active private investor market, as well as institutions.  To date almost £37m has been sourced for issuers, via the platform.

Rockhopper Exploration (RKH)
Rockhopper Exploration (RKH) 

Rockhopper Exploration plc ("Rockhopper") is an AIM listed oil and gas exploration company based in the UK with interests in the Falkland Islands.  It was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme.  It was floated on AIM in August 2005.

Rockhopper holds 40% interests in production licences PL032 and PL033 and, on completion of a farm-in announced in October 2013, 24% stakes in blocks PL004a, PL004b, and PL004c. All of these blocks are operated by Premier Oil. In addition, it has a 3% interest block PL003, operated by Falkland Oil and Gas.

In August 2014 Rockhopper completed the takeover of Mediterranean Oil & Gas plc ("MOG"). Through the acquisition of MOG, Rockhopper now holds a portfolio of production, development/appraisal and exploration interests in Italy, Malta and France.

Valirx (VAL)
Valirx (VAL) 

Valirx Plc is an oncology-focussed Biopharmaceutical Company, developing treatments and diagnostics. Technologies are selected by using rigorous clinical and commercial processes to address unmet market needs.

Clinical lead product is VAL201, a peptide for prostate cancer with follow-on indications in ovarian and breast cancers and endometriosis. Product VAL401, is a small molecule reformulation for lung cancers.

The Company’s proprietary technology platform, GeneICE, enables selective silencing of rebellious genes’ inappropriate activity. VAL101, the first GeneICE therapeutic, targets and reduces expression of Bcl-2, implicated in about half of cancers. GeneICE extension to neurology and inflammatory diseases will follow.

A novel diagnostic, the Nav3 system, detects pre-cancerous, cancerous and metastatic cells in tissue samples even before a tumour forms; indicating potential malignant formation.

Sponsored by:
AJ Bell Youinvest
PrimaryBid

HARRYCAT - 05 Feb 2018 09:56 - 6283 of 6294

StockMarketWire.com
Rockhopper Exploration said a letter of intent had been signed with Diamond Offshore Drilling for provision of a drilling unit for the Sea Lion Phase 1 development in the North Falkland Basin, of which it has a 40% stake.

The letter granted a period of exclusivity until 31 December during which time the joint venture would negotiate binding documentation based on agreed principles for the provision of the drilling unit and vendor financing.

'We believe that teaming up with Diamond is a significant step in our continued progress towards sanction with our partner Premier Oil,' chief executive Samuel Moody said.

'Having already signed LOIs for the provision of well services and logistical support, focus now moves to the sub-sea equipment suppliers where we hope to make progress during the remainder of Q1 as we continue discussions on the senior debt element of the financing plan.'

HARRYCAT - 26 Feb 2018 09:39 - 6284 of 6294

StockMarketWire.com
Rockhopper Exploration said production levels had improved at an Egyptian asset, while oil prices had risen.

Net production from the company's 22% stake in the Abu Sennan asset currently stood at 880 barrels of oil per day, a similar to levels recorded at the end of 2017.

Four new wells were planned to be drilled on the Abu Sennan and El Qa'a Plain properties in 2018, Rockhopper said

required field - 14 May 2018 11:49 - 6285 of 6294

Sealion might get the goahead....crude is up....and they might win the dispute with the Italian government...and elsewhere production is increasing...and a minimal market cap....all this leads to a surging sp !.....

markymar - 16 May 2018 08:48 - 6286 of 6294

Just a blip and back down she goes,no news for a while here,PMO just got a lawyer to deal with things in house.

HARRYCAT - 18 May 2018 09:48 - 6287 of 6294

StockMarketWire.com
Rockhopper Exploration said it was close to selecting the main contractors for its Sea Lion project in the Falkland Islands and expected to sign up a bank lender imminently.

The company was currently seeking vendor funding of $400m.

'Following a comprehensive commercial bank market engagement process, with a number of banks expressing a desire to support the project, a pathfinder bank will be appointed imminently to assist with the arrangement of senior debt facilities for the project,' chairman David McManus said in speech notes for the company's annual general meeting.

With Brent crude currently trading above $75 a barrel, McManus said the economics of the project were highly attractive.

HARRYCAT - 05 Jul 2018 09:54 - 6288 of 6294

StockMarketWire.com
Oil and gas exploration and production firm Rockhopper Exploration said it has appointed Standard Chartered Bank as pathfinder bank for the proposed senior debt project financing of the Phase 1 development of its Sea Lion project. The project still needs to secure funding to go ahead.

The Al-Jahraa-6 development well, in which Rockhopper has a 25% working interest, was expected to spud this week. It should take 60 days to drill and would be immediately followed by a second development in the field, Al Jahraa-10.

Meanwhile, the exploration well in El Qa'a Plain in Egypt, in which the firm has a 25% working interest, has been plugged and abandoned after no hydrocarbons were found.

required field - 06 Jul 2018 09:43 - 6289 of 6294

Once finance is secured for Sealion : the sp in my opinion should climb....the project is looking a lot more viable with crude rocketing.....

HARRYCAT - 09 Jul 2018 09:51 - 6290 of 6294

Peel Hunt today reaffirms its buy investment rating on Rockhopper Exploration PLC (LON:RKH) and cut its price target to 60p (from 70p).

Peel Hunt today (13/07/18) reaffirms its buy investment rating on Rockhopper Exploration PLC (LON:RKH) and raised its price target to 70p (from 60p).

markymar - 17 Jul 2018 09:46 - 6291 of 6294

http://en.mercopress.com/2018/07/16/north-falkland-sea-lion-project-premier-oil-advancing-in-contracting-suppliers

North Falkland Sea Lion Project: Premier Oil advancing in contracting suppliers

HARRYCAT - 19 Sep 2018 11:14 - 6292 of 6294

StockMarketWire.com
Rockhopper Exploration said first-half losses deepened as production volumes slipped and operating costs rose.

Losses for the six months through June amounted to $7.4m, compared to losses of $7.0m on-year.

Revenue rose slightly to $5.1m after higher oil and gas prices offset moderately lower production owing to natural field decline.

Cash operating costs, excluding depreciation and impairment charges, rose to $2.2m, up from $1.8m.

Rockhopper said it was ramping up its Sea Lion development in the North Falkland Basin towards project sanction by mid-2019. It would focus in 2018 on securing senior debt for the project.

'We continue to work closely with the operator to progress Sea Lion and, while much work still needs to be done to finalise the funding of the development,' chairman David McManus said.

'With oil prices currently above US$75 per barrel we are focussing all of our efforts on doing everything possible to allow project sanction to take place next year.'

'Notwithstanding the increased activity and spend on Sea Lion, the company continues its ongoing focus on cost control and has maintained a strong balance sheet with cash resources at mid 2018 of $46m and no debt.'

HARRYCAT - 12 Nov 2018 10:29 - 6293 of 6294

StockMarketWire.com
Rockhopper Exploration said it had discovered a potential new oil-producing section at its assets in Egypt.

The company said its Al Jahraa 6 well was successful, not only in its primary objective as an infill oil producer.

The well had also encountered good oil shows in the Abu Roash-D, E, G and made a new oil discovery in the deeper Bahariya section.

The Bahariya formation was put on test on 22 September and, after clean-up, was producing in excess of 550 barrels of oil per day with a stable water cut of 22%.

That represented the first commercial oil production from the Bahariya formation within the Abu Sennan concession.

Current production from the concession was around 3,800 barrels of oil per day, in line with rates for the first half of 2018.

'We are delighted to have made real progress with this drilling program in Egypt and particularly to have produced commercial volumes of oil from the Bahariya formation for the first time,' chief executive Sam Moody said.

'With an improved payment situation as well, we are pleased with recent activities on our Egyptian acreage, and we look forward to the rest of the ongoing exploration program.'

markymar - 19 Nov 2018 10:29 - 6294 of 6294

Dril-Quip (DRQ +1%) says it has entered into a front end engineering and design contract with Premier Oil (OTCPK:PMOIF), firming up a prior agreement to provide subsea production systems for the Sea Lion Phase 1 Development offshore the Falkland Islands.

DRQ estimates the value of the equipment portion of the scope of work is $207M, which includes plans for as many as 30 subsea production systems.

Under the frame agreement, DRQ is expected to provide vendor financing for up to 30% of the equipment portion of the contract.
Register now or login to post to this thread.