Rockhopper has been busy of late announcing its merger with Falkland Oil and Gas, a reconfiguration of its Sea Lion development and commercial terms, and progress in its exploration drilling campaign. The reconfiguration of the development and progression to FEED in particular are very positive steps helping put the project in the best position to attract a further JV partner and get to a positive FID. We have now fully updated our model for the new terms and Falkland Oil and Gas merger. Alon

15 Jan 2016
Increasingly a geared play on oil prices

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Increasingly a geared play on oil prices
Rockhopper Exploration plc (RKH:LON) | 76.0 1.7 3.0% | Mkt Cap: 490.4m
- Published:
15 Jan 2016 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Rockhopper has been busy of late announcing its merger with Falkland Oil and Gas, a reconfiguration of its Sea Lion development and commercial terms, and progress in its exploration drilling campaign. The reconfiguration of the development and progression to FEED in particular are very positive steps helping put the project in the best position to attract a further JV partner and get to a positive FID. We have now fully updated our model for the new terms and Falkland Oil and Gas merger. Alon