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Rockhopper commissions site survey

28 November 2007

Rockhopper, the North Falkland Basin oil and gas exploration company, has commissioned Wavefield Inseis to conduct a site survey over its Ernest prospect in licence PL024.

Rockhopper said the site survey was a necessary part of preparatory work ahead of drilling. The company is already conducting an Environmental Impact Assessment over licences PL023 and PL024 in readiness for drilling.

The Ernest prospect is a relatively low risk independent 4-way dip closed structure in 160m of water approximately 100km offshore the Falkland Islands. The robust 4-way closure has an areal extent of some 2880 acres, within a total area of over 6,000 acres.

Managing director Sam Moody, commented: “We are very pleased that Wavefield are able to perform this site survey over Ernest, which is currently the lowest risk prospect in our portfolio. The 3D seismic in our licences PL032 and PL033 means that we should not require additional site surveys in that area to prepare for drilling.”






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