Business
Media Speculation
Media Speculation.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n RNS Number : 4331A Rockhopper Exploration plc 08 October 2009 \n \n\n\n\n\nRockhopper Exploration plc\n(\"Rockhopper\" or \"the Company\")\n\n\nStatement Regarding Media Speculation\n\nRockhopper, the North Falkland Basin oil and gas explorer, notes the recent media speculation that the Company is actively pursuing an equity financing. \n\nRockhopper today confirms, as previously announced on 11 September, 2009, that it hopes to drill a minimum of two wells on its operated acreage (owned 100%) as part of a larger campaign with Desire Petroleum PLC. The Company further confirms that management are considering a variety of options to finance the cost of the drilling campaign, including a placing of equity.\n\n\nFor further information, please contact:\n\n\n\n\n\nRockhopper Exploration plc\n\n\nwww.rockhopperexploration.co.uk \n\n\n\n\nSam Moody - Managing Director\n\n\n01722 414419\n\n\n\n\n\nAquila Financial Limited\n\n\nwww.aquila-financial.com \n\n\n\n\nPeter Reilly\n\n\n0118 979 4100\n\n\n\n\n\nCanaccord Adams Limited\n\n\n\n\n\n\n\nJeffrey Auld/Elijah Colby/ \nHenry Fitzgerald O'Connor\n\n\n020 7050 6500\n\n\n\n\n\n\n\n\nNotes to editors\n\nwww.rockhopperexploration.co.uk \n\nThe Rockhopper Group started trading in February 2004 to invest in and carry out an offshore oil exploration programme to the north of the Falkland Islands. The Group, floated on AIM in August 2005, is currently the largest licence holder in the North Falkland Basin and has a 100 per cent. interest in four offshore production licences which cover approximately 3,800 sq. km. These licences have been granted by the Falkland Islands government.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPCFDLLBKBBXFBQ \n ","length":5181,"tagName":"div"}]