Rockhopper Exploration plc · LSE:RKH
Rockhopper Exploration — Corporate Update (November 2014)
7 slides from Rockhopper Exploration's corporate update, November 2014
Slide 1: Rockhopper Exploration North Falkland Basin Operational Update, November 2014
ROCKHOPPER EXPLORATION North Falkland Basin Opera>onal Update, November 2014 1
Slide 2: Important Notice
IMPORTANT NOTICE This Presentation does not constitute an offer or invitation or a solicitation of any offer or invitation for the sale or purchase of any securities in the Company. In addition, it is not intended to form the basis of or act as an inducement to enter into any contract or investment
Slide 3: Sea Lion – Initial Phased Development
SEA LION – Ini>al Phased Development § Ini$al Phased Development Solu$on Agreed by Sea Lion Stakeholders Phase 1a § Phase 1a to target over 50% of the PL032 Sea Lion (SLMC) Resources with predicted produc>on plateau Phase 1b of 50-‐60kbopd § Up to 3 subsequent phases will recover remaining resou
Slide 4: Sea Lion – Phased Development Solution
SEA LION – Phased Development Solu>on § Likely FPSO Solu$on § Leased FPSO solu>on similar in scale to Premier’s exis>ng sanc>oned Catcher Field Development § Single subsea manifold to address flow SLMC assurance issues § Phase 1a § Ini>al phase with significantly reduced well count of 8 producers
Slide 5: 2015 Exploration Highlights
2015 Explora>on Highlights § Eirik Raude Rig on schedule to arrive in Falklands to spud first well in March 2015 § TDF (Temporary Dock Facility) to be commissioned in November 2014 § First coasters of drilling materials to arrive in Stanley in December 2014 § RKH to access full $48M of explora$on
Slide 6: 2015 – High Impact Drilling – Potential to Double Resources
2015 – HIGH IMPACT DRILLING – POTENTIAL TO DOUBLE RESOURCES CHATHAM JAYNE EAST • Sea Lion west flank appraisal to § Low risk / high value prospects determine presence or absence on east flank of gas cap § Excellent reservoir quality in F2 • Adds 65mmbbls to phase 1 if no sands predicted including ga
Slide 7: 2015 – Drilling Schedule
2015 – DRILLING SCHEDULE Gross P90 53 91 802 21 prospec>ve Pmean 282 72 510 87 127 resources P10 741 207 1424 214 Equity 24% 24% 24% 24% 40% Net P90 13 2 19 5 prospec>ve Pmean 68 17 122 21 51 resources P10 178 50 342 51 ZEBEDEE ELAINE/ISOBEL COMPLEX JAYNE CHATHAM 9% 15% GCoS % & 12% 18% 13% 36% reso
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