Search Site


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


Rockhopper buoyed as 3D data reveals positive signs

31 October 2007

Rockhopper Exploration reported today that an initial interpretation of 3D seismic data collected over its licences PL032 and PL033 in the Falkland Islands has revealed large fans and structural closures which could form targets for the next round of drilling. The largest fans cover approximately 40 sq km and are located near to the Shell well which recovered live oil.

The 3D data were collected by CGGVeritas between November 2006 and January 2007 over licences PL032 and PL033, which were formerly held by Shell. Rockhopper said the collection of 3D over the sites of the wells significantly reduced its exploration risk.

Pierre Jungels, the company’s executive chairman, said: “We are very pleased to have identified encouraging indications of fan systems for the first time on our acreage. This target has the potential to be large and is in the area of the basin where oil has already been proven. In addition, the structural closures enhance the potential reserves of our prospect inventory. We will continue to refine our mapping before ranking our prospects and deciding on drilling targets.”






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