Business
Drilling Schedule - Update
Drilling Schedule - Update.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n RNS Number : 7088P Rockhopper Exploration plc 21 July 2010 \n \n\nFor immediate release: 21 July 2010\n \n \nRockhopper Exploration plc\n(\"Rockhopper\" or the \"Company\")\n \nDrilling Schedule - Update\n \nRockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, was re-assigned operation of the Ocean Guardian drilling rig at 09.00hrs local time on 21 July 2010. \n \nThe Ocean Guardian is currently being moved to the Company's Ernest prospect located on licence PL024 in the North Falkland Basin where, after arrival and mobilisation, it will drill the Ernest 26/6-1 Exploration Well (100% Rockhopper). Drilling operations on Ernest are expected to take approximately 30 days. A further announcement will be made on spudding of the well.\n \nOn completion of the Ernest 26/6-1 Exploration Well, it is currently anticipated that the Ocean Guardian will return to Rockhopper's Sea Lion 14/10-2 Well (100% Rockhopper) to conduct tests on the oil discovery. \n \nEnquiries: \n \nRockhopper Exploration plc\nSam Moody - Managing Director\nTel. +44 (0)20 7920 2340 (via M: Communications)\n \nM: Communications\nPatrick dÕAncona or Ben Simons\nTel. +44 (0)20 7920 2340\n \nCanaccord Genuity Limited\nRobert Finlay / 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 also farmed in (7.5% working interest) to licences PL003 and PL004, which are operated by Desire Petroleum. These licences have been granted by the Falkland Islands government.\n \nAn extensive work programme has been carried out over a number of years on the licences operated by Rockhopper. This has included 2D and 3D Seismic and Controlled Source Electromagnetic Mapping (CSEM). In February 2010, the Ocean Guardian drilling rig arrived in Falkland 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 r...