| Type | Public |
|---|---|
| Traded as | LSE: RKH |
| Industry | Oil and gas industry |
| Founded | 2004 |
| Headquarters | Salisbury, Wiltshire, United Kingdom |
| Number of locations | Falkland Islands |
| Area served | Falkland Islands |
| Key people | Pierre Jungels CBE (Chairman)[1] Sam Moody CEO |
| Services | Oil exploration and production |
| Profit | -$87.2m (2010)[2] |
| Employees | 13[2] |
| Website | www.rockhopperexploration.co.uk |
Rockhopper Exploration PLC (LSE:RKH) is an oil and gas exploration company headquartered in Salisbury, Wiltshire, United Kingdom. It owns offshore exploration and production licences in the North Falkland Basin in the waters north of the Falkland Islands.
It is listed on the Alternative Investment Market of the London Stock Exchange.
Contents |
Rockhopper was founded in 2004 to explore for oil and gas in the Falkland Islands.[3] It received a listing on the AIM market in 2005.[3] In May 2010 the company made the first oil discovery in the Falkland Islands in well 14/10-2 on the Sea Lion target.[3][4] An update of the first appraisal drill was released in March 2011 indicating a significant reservoir package with a downhole mini drill stern test flowing oil at better rates in a September 2010 flow test. Confidence in the commerciality of the Sea Lion discovery was increased by this first appraisal,[5] although test drilling continues to establish whether the discovery represents a commercial prospect.[6]
Rockhopper is the operator of 4 production licences in which it holds a 100% interest in the North Falkland Basin and in addition has a 7.5% interest in 2 production licences operated by Desire Petroleum.[7]