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 […]
Tag: Rockhopper Exploration plc
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 of operations. Rockhopper has received “firm […]
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 […]
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 […]