Rockhopper Exploration

Description

Rockhopper Exploration ("Rockhopper") (AIM: RKH) is an AIM listed oil and gas exploration company based in the United Kingdom.

Rockhopper has licences to explore for oil and gas in the North Falkland Basin, a basin with two proven petroleum systems and a proven high quality oil source rock.

The company was admitted to AIM in 2005 and has since completed an extensive work programme in the area, including two 2D seismic surveys, a 3D seismic survey, four CSEM lines, site surveys and benthic sampling.

In February 2010, the Ocean Guardian drilling rig arrived in Falklands waters to carry out a multi-well drilling campaign. Rockhopper drilled an exploration well on its Sea Lion prospect during April and May 2010, the result of which is the first oil discovery and Contingent Oil Resource in the North Falkland Basin.

With the well on the Sea Lion prospect successfully flow tested during September 2010, the company is fully funded to undertake an extensive exploration and appraisal programme across all of its acreage during 2011.

Email info@rockhopperexploration.co.uk