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 […]
Tag: Rockhopper Exploration plc
Rockhopper director sells 50,000 shares
Rockhopper Exploration plc senior independent director Alison Baker has sold 50,000 ordinary shares of £0.01 each in the company at £0.47 per share for £23,532.10. Following the sale on 3 and 4 June 2025, Ms Baker retains 234,181 shares, representing 0.036% of Rockhopper’s issued share capital. The oil and gas explorer holds North Falkland Basin interests […]
Rockhopper loses second Italy payment
Rockhopper Exploration plc will not receive the second tranche payment in its arbitration with Italy which has had the award annulled. INSURANCE The company, focused on the North Falkland Basin, said it intended to make a claim under its October 2024 insurance policy. The proceedings relate to Italy’s 2015 ban on oil and gas exploration within 12 […]
Rockhopper JV progresses Sea Lion ahead of FID
Rockhopper Exploration plc’s partner in the Sea Lion discovery has had phased work, including 64 wells, set out in a revised independent report on the North Falkland Basin project. PHASES Israel-headquartered operator Navitas Petroleum LP, targeting a final investment decision for mid-2025, commissioned the independent resource report from Netherland Sewell & Associates (NSAI). “The report […]
United issues 59m shares to settle Egypt legacy
United Oil & Gas plc has issued 59,523,810 new ordinary shares to settle an outstanding balance with Rockhopper Exploration plc relating to the transfer of the Abu Sennan licence in Egypt. EXPLORATION In 2019 Rockhopper agreed to sell its 22% working interest to United, which held the concession until 2024. The issued new ordinary shares […]
Sea Lion FID deferred to mid-2025
Rockhopper Exploration plc’s partner has indicated that the final investment decision has moved from late 2024 to mid-2025 with first oil during Q4 2027 at Sea Lion in the North Falkland Basin. AREAS The company added that the gross capital expenditure needed to first oil had risen to US$1.4 billion due to inflation but the project […]