Business
6 months to 30 Sept 2006
6 months to 30 Sept 2006.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n Rockhopper Exploration plc\n04 December 2006\n\nPress Release\n\nFor immediate release: December 4, 2006\n\nRockhopper Exploration plc\n\n Interim Results\n\n\nInterim Results for the six months ended 30 September 2006\n\nRockhopper Exploration plc (RKH), the AIM-listed oil and gas exploration company\nbased in the United Kingdom, today announces its interim results for the six\nmonths ended 30 September 2006.\n\nHighlights:\n\n •Processing and interpretation of CSEM data completed\n •Positive results on both CSEM surveys\n •Acreage significantly de-risked\n •Processing new 2D data completed\n •3D programme commenced two months ahead of schedule\n\nChairman Pierre Jungels commented 'We have seen the most significant step\nforward in our exploration effort to date, it has been a period of real\ntechnical progress.'\n\n'During the six months leading to September 2006 our exploration effort focused\nentirely on licences PL023 and PL024, with hugely encouraging results,' Sam\nMoody, Managing Director added. 'During 2007 our plan is to develop an inventory\nof drillable prospects so that we are in a position to participate in any\nFalkland Islands drilling campaign.'\n\n\nFor further information, please contact:\n\nRockhopper Exploration\nSam Moody, Managing Director 01722 414 419\nwww.rockhopperexploration.co.uk\n\nAquila Financial Limited\nPeter Reilly 020 7202 2601\nwww.aquila-financial.com\n\n\nNotes to editors\n\nThe Rockhopper Group started trading in February 2004 to invest in and carry out\nan offshore oil exploration programme to the north of the Falkland Islands. The\nGroup, which floated on AIM in August 2005, is currently the largest licence\nholder in the North Falkland Basin and owns a 100 per cent interest in four\noffshore production licences which cover approximately 5,800 sq. km. These\nlicences have been granted by the Falkland Islands Government.\n\nChairman's Statement\n\nThe six months ending 30 September 2006, covers a period of real technical\nprogress in our exploration effort. As expected, the Group incurred a loss for\nthe period.\n\nThe six months to the end of September 2006 have seen the most significant step\nforward in our exploration effort to date. Processing the new 920km of 2D \nseismic data is complete and interpretation is now well advanced. Processing and\ninterpretation of our newl...