Business
Publication of Corporate Presentation
Publication of Corporate Presentation.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n \nRNS Number : 8046B Rockhopper Exploration plc 08 April 2013 \n \n\nFor immediate release: 8 April 2013\nRockhopper Exploration plc\n(\"Rockhopper\" or the \"Company\")\nPublication of Corporate Presentation\nRockhopper Exploration (AIM: RKH), the North Falkland Basin oil and gas company, has today published on its website an updated corporate presentation. The presentation is available for viewing within the Investors section at www.rockhopperexploration.co.uk.\nEnquiries: \n\n\n\n\nRockhopper Exploration plc\n\n\nTel. +44 (0)20 7920 2340 \n\n\n\n\nSam Moody - Chief Executive\n\n\n(via M: Communications)\n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Genuity (Nomad and Joint Broker)\n\n\n+44 (0) 20 7523 8000\n\n\n\n\nHenry Fitzgerald-O'Connor / Giles Fitzpatrick\n\n\n\n\n\n\n\n\n\nM: Communications\n\n\n+44 (0)20 7920 2340\n\n\n\n\nPatrick d'Ancona / Ben Simons\n\n\n\n\n \nNotes to Editors:\nRockhopper was established in February 2004 with a strategy to invest in and carry out offshore oil exploration to the north of the Falkland Islands. The Company floated on AIM in August 2005 with four offshore production licences: PL023, PL024, PL032 and PL033 which cover approximately 3,800 sq. km. Rockhopper has further smaller interests in licences PL003, PL004a and PL004c, which are operated by Desire Petroleum plc. Additionally, the Company has a significant interest in licence PL004b which contains the extension to the Sea Lion Field as well as the Beverley, Casper and Casper South discoveries.\n \nAn extensive work programme was 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. 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 Sea Lion during April and May 2010, the result of which was the first oil discovery and Contingent Resource in the North Falkland Basin. The Sea Lion discovery was successfully tested during September 2010 and June 2011 and was the first oil to flow to surface in Falkland Islands waters. Rockhopper's drilling campaign lasted from 16 April 2010 to 8 January 2012 and resulted in seven successful wells of the ten drilled, with three oil discoveries, three gas discoveries, multiple succes...