Business
Preliminary Results to 31 Mar
Preliminary Results to 31 Mar.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n RNS Number : 4280Z Rockhopper Exploration plc 22 September 2009 \n \n\n\nPRESS RELEASE\n\n22 September 2009\n\nRockhopper Exploration plc ('Rockhopper' or 'the Company')\n\nPreliminary Results for the year ended 31 March 2009\n\nRockhopper Exploration, the North Falkland Basin oil and gas explorer, is pleased to announce its preliminary results for the year ended 31 March 2009.\n\n\n\nLetter of Intent signed with a third party energy company to farm out one of our licences\n\n\nGas discovery declared in Competent Persons Report\n\n\nJohnson prospect contains an estimated Contingent Gas Resource up to 7.9 Tcf recoverable\n\n\nTwo best oil prospects given 23% chance of success in CPR\n\n\nSix further oil prospects highlighted in the CPR\n\n\nTop eight oil prospects contain 1 billion barrels recoverable\n\n\nFurther 15 oil prospects not considered in the CPR\n\n\nEnvironmental Impact Statement submitted to relevant authorities\n\n\nLetter of Intent signed by our partner Desire Petroleum with drilling contractor for North Falkland Basin campaign\n\n\n\nDr. Pierre Jungels, Rockhopper Exploration's, Executive Chairman said:\n\n'Although many issues need to be resolved, we have within our grasp a very real prospect of participating in a multi-well drilling campaign in 2010 and we are hopeful of reporting significant news from that campaign throughout the year.'\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\nAquila Financial Limited (PR)\n\n\nwww.aquila-financial.com \n\n\n\n\nPeter Reilly\n\n\n0118 979 4100\n\n\n\n\nCanaccord Adams Limited (NOMAD and Broker)\n\n\n\n\n\n\n\nJeffrey Auld/Elijah Colby/ Henry Fitzgerald O'Connor\n\n\n020 7050 6500\n\n\n\n\n\n\n\n\n Chairman's Report\n\nWe have signed a Letter of Intent to farm out one of our licences to a third party energy company.\n\nThat farm out is subject to a number of conditions, including regulatory approvals, and full details will be made public once these are satisfied. The farm out, if completed, would entail the drilling of one well ...