Search Site


Answer Centre - Telephone Answering in your Company Name by an Answer Centre PA


Rockhopper Exploration still in talks over possible farm-out

18 November 2008

Rockhopper Exploration has reiterated its intention to start drilling over its licenses in the North Falkland basin as soon as rig availability, financing and relevant consents have been resolved.

Reporting interim results for the period to September 30, 2008, the company said it was continuing to hold discussions over possible farm-outs and noted that there were signs that rig rates and availability were easing.

Rockhopper said its resource estimates had increased from 1.2 billion barrels recoverable on an unrisked basis to 1.8 billion barrels recoverable in licences PL032 and PL033. Its overall potential position has now increased to 4.3 billion barrels recoverable oil plus multi Tcf gas.

The group incurred a loss for the six month period of $1.2 million up from $0.7 million last time largely due to increases in administrative expenses and the charge for share based remuneration.






Headlines

31 August 2010

30 August 2010

27 August 2010

20 August 2010

18 August 2010

13 August 2010

09 August 2010

06 August 2010

30 July 2010

29 July 2010

28 July 2010

27 July 2010

26 July 2010

23 July 2010

23 July 2010

22 July 2010

21 July 2010

19 July 2010

16 July 2010

12 July 2010

09 July 2010

08 July 2010

07 July 2010

06 July 2010

05 July 2010

02 July 2010

06 May 2010

13 April 2010

24 March 2010

23 March 2010

23 March 2010

23 March 2010

23 March 2010

23 March 2010

23 March 2010

23 March 2010

23 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

22 March 2010

19 March 2010

19 March 2010

» See all News




© SmallCapNews   |   Contact Us   |   Terms of Use   |   RSS Feeds Site by LunarSafari