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Additional Drilling Slots & Seismic Update
Additional Drilling Slots & Seismic Update.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 8809C Rockhopper Exploration plc 14 March 2011 \n\nFor immediate release: 14 March 2011\n \nRockhopper Exploration plc\n \n(\"Rockhopper\" or the \"Company\")\n \nAdditional Drilling Slots\n& \nSeismic Programme Update\n \nRockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that it has entered into an assignment agreement to secure three firm additional well slots on the Ocean Guardian drilling rig. Rockhopper intends to utilise these three well slots after Desire Petroleum plc completes drilling operations on its next well, which follows the appraisal well currently being drilled by Rockhopper.\n \nRockhopper further announces that the acquisition of new 3D seismic data to the south of the Sea Lion discovery well, on licence PL032, has been completed and the Company intends to fast track the processing of this data. It is anticipated that the resulting processed data will become available to the Company during July 2011. The wider seismic acquisition programme, over areas of licences PL024, PL032 and PL033 and adjacent areas, is ongoing. \n \nSam Moody, Chief Executive of Rockhopper, commented,\n \n\"The additional rig slots will see Rockhopper continuing an exciting and considerable work programme in the North Falkland Basin this year. Our understanding of the basin has advanced following the Sea Lion discovery, and will be further enhanced by our current appraisal operations, together with new seismic data. This information will be valuable in identifying our forward drilling programme.\"\n \nEnquiries:\n \nRockhopper Exploration plc\nSam Moody - Chief Executive\nTel. +44 (0)20 7920 2340 (via M: Communications)\n \nM: Communications\nPatrick d'Ancona or Ben Simons\nTel. +44 (0)20 7920 2340\n \nCanaccord Genuity Limited\nCharles Berkeley / Henry Fitzgerald-O'Connor\nTel. +44 (0) 20 7050 6500\n \nNotes to Editors\n \nRockhopper was established in February 2004 with a strategy to invest in and carry out an offshore oil exploration programme to the north of the Falkland Islands. The Company floated on AIM in August 2005 and holds a 100 per cent. interest in four offshore production licences: PL023, PL024, PL032 and PL033 which cover approximately 3,800 sq. km. Rockhopper has...