Rockhopper Exploration — Investor Presentation (September 2011)

4 slides from Rockhopper Exploration's investor presentation, September 2011

Slide 1: Capital Markets Presentation Session 6 Summary
ROCKHOPPER EXPLORATION PLC CAPITAL MARKETS PRESENTATION SESSION 6 SUMMARY SAM MOODY CHIEF EXECUTIVE OFFICER SEPTEMBER 2011 174
Slide 2: Summary
SUMMARY • Board believe Sea Lion is commercially viable, potentially world class discovery • Significant exploration upside in multiple play types • Appraisal and exploration continues during 2011 • Next 2 wells are combined Sea Lion appraisal & other prospect exploration SEPTEMBER 2011 175
Slide 3: Summary: Sea Lion Development
SUMMARY SEA LION DEVELOPMENT • Sea Lion crude value likely range 10% discount – 5% premium to Brent • Proven logistics chain – rig operations continuous from Feb 2010 to Sept 2011 and continuing • Limited on shore infrastructure required for development • Extreme wave lower than Central North Sea •
Slide 4: Summary: Rockhopper in 2011
SUMMARY ROCKHOPPER IN 2011 • Rockhopper has gained significant remote location operational experience • New in house expertise to maximise value • No show stoppers to development • Good HSE record • Remaining 2011 wells have potential to increase volumes and add value SEPTEMBER 2011 177