Sea-Lion makes waves; new partner underpins major spend, FIH to benefit
Yesterday's announcements from Rockhopper Exploration (AIM_RKH) and Premier Oil (LSE_PMO) appear to herald a strong new phase and improved prospects for the long awaited development of oil production from the Sea Lion project, subject to conditions including due diligence and Falkland Island Government (FIG) approval. As the FIH's Falkland Island Company subsidiary accounts for c.40% of FIH revenues, the potential upside fo ....
08 Jan 2020
WHI Morning Comment: FIH Group (FIH) 080120
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WHI Morning Comment: FIH Group (FIH) 080120
FIH Group plc (FIH:LON) | 220 0 0.0% | Mkt Cap: 27.5m
- Published:
08 Jan 2020 -
Author:
Nick Spoliar -
Pages:
5
Sea-Lion makes waves; new partner underpins major spend, FIH to benefit
Yesterday's announcements from Rockhopper Exploration (AIM_RKH) and Premier Oil (LSE_PMO) appear to herald a strong new phase and improved prospects for the long awaited development of oil production from the Sea Lion project, subject to conditions including due diligence and Falkland Island Government (FIG) approval. As the FIH's Falkland Island Company subsidiary accounts for c.40% of FIH revenues, the potential upside fo ....