Rockhopper Exploration plc has awarded 1,378,001 share options under its 2025 long term incentive plan. SEA LION Chief executive officer Sam Moody received 887,931 options and chief financial officer William Perry received 490,070. The awards, conditional on performance criteria, vest on 30 June 2028. The CEO’s options are subject to an additional one-year holding after […]
Tag: Rockhopper Exploration plc
Rockhopper receives full €31m Italy insurance
Rockhopper Exploration plc has received the full €31 million insurance arranged to protect the company against an unsuccessful outcome in the Ombrina Mare oil field arbitration. CLARITY In June, the company lost the second tranche payment in its dispute with the Italian Government, during proceedings at the International Centre for Settlement of Investment Disputes (ICSID). The arbitration […]
Central Asia appoints independent NED
Central Asia Metals plc has appointed Alison Baker to the board as an independent non-executive director, with immediate effect. Ms Baker will also be a member of the audit and nomination committees and become chair of the audit committee from 3 September 2025. She will replace current audit chair and NED of 11 years, David […]
Rockhopper to raise $140m
Rockhopper Exploration plc plans to raise up to US$140 million (£105m) from “new Israeli-based institutional investors” and “larger existing shareholders” for its share of the Sea Lion oil project’s first phase development. PLACINGS The company holds 35% of the North Falkland Basin field and needs $127m for phase I. Rockhopper has received “firm commitments” for […]
Rockhopper confident of €31m Italy insurance
Rockhopper Exploration plc could be in line for €31 million from its insurance policy relating to the Ombrina Mare arbitration. TRIGGER The dispute followed the Italian Government’s ban on oil and gas exploration within 12 miles of the country’s coastline, which affected the company’s activities in the oil field. Rockhopper took out insurance in October […]
Rockhopper issues 1.25m shares
Rockhopper Exploration plc has issued 1,250,000 ordinary shares of one pence each following the exercise of share options by an employee. The shares were issued on 20 June 2025 under the company’s existing block listing entitlement. As at 30 June, Rockhopper’s issued ordinary share capital consisted of 645,213,765 ordinary shares of one pence each, with one vote per ordinary share. The […]