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Rockhopper Information
Share Price Information for Rockhopper (RKH)
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Share Price:
13.40
Bid:
13.15
Ask:
13.80
Change:
-0.35 (-2.55%)
Spread:
0.65 (4.943%)
Open:
13.50
High:
13.80
Low:
13.30
Prev. Close:
13.75
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Thu, 02nd Apr 2015 09:31
Oil and gas explorer Premier Oil said it has discovered oil and gas at the Zebedee well in the Falklands Islands.The FTSE 250 group, which owns 36% of the well, said it discovered 81 feet of net-oil net reservoir and 55 feet of net gas-bearing reservoir from the Zebedee well, in which Falkland Oil and Gas and Rockhopper Exploration hold a 40% and 25% stake respectively.The Zebedee well, which will now be plugged and abandoned as a successful exploration well, is on License PL004b, and the oil firms said all seven reservoir targets at the well were encountered and three of the targets were oil bearing."The discoveries will add further resource to future phases of development in the area," said Premier Oil exploration director Andrew Lodge."We now look forward to the results of the upcoming Isobel Deep well, potentially the highest impact well in this campaign."Test data showed that a total of 18.5 metres of net gas pay and 27.9 metres of net oil pay were encountered in the well.The Hector sand, one of the three targets that were oil bearing showed a net gas pay of 18.5 metres and initial indication showed "good reservoir properties" and while no oil was found, the three companies said that the reservoir could be oil bearing further down."In addition to the new discoveries at Zebedee and Hector, we have good oil shows throughout the deeper F3 section which is encouraging should better quality reservoir be encountered in this section elsewhere in the basin," said Samuel Moody, chief executive of Rockhopper.As of 10:15 on Thursday, Premier Oil shares were up 3.66% to 138.49p, while Rockhopper Exploration shares were up 1.61% to 64.78p and shares in Falkland Oil and Gas were down 7.43% to 32.86p.
More News
29 Jun 2015 21:22
UPDATE 2-UK slams Argentine plan to seize Falklands oil driller assets
(Adds quotes from British foreign office minister) By Andrew Osborn and William James LONDON, June 29 (Reuters) - Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said
Read more28 Jun 2015 19:29
Argentina will pursue judge order on Falklands drillers- minister
BUENOS AIRES, June 28 (Reuters) - Argentina will pursue in Britain and the United States a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the foreign minister said in an interview published in local media on Sunday. On Saturday, a federal ju
Read more28 Jun 2015 10:13
Argentine judge orders seizure of assets of companies operating in the Falklands
A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration. The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and
Read more27 Jun 2015 19:49
UPDATE 1-Argentine judge orders seizure of Falklands drillers' assets
(Adds reaction comment) BUENOS AIRES, June 27 (Reuters) - An Argentine judge ordered the seizure of assets of oil drilling companies operating in the disputed Falklands Islands on Saturday, as rhetoric heats up before October elections. Lilian Herraez, a federal judge in Tierra del Fu
Read more27 Jun 2015 16:45
Argentine judge orders seizure of Falklands drillers' assets
BUENOS AIRES, June 27 (Reuters) - An Argentine judge ordered the seizure of assets of oil drilling companies operating in the disputed Falklands Islands on Saturday, as rhetoric heats up before October elections. Lilian Herraez, a federal judge in Tierra del Fuego, ordered the seizure of $1
Read more5 Jun 2015 14:26
Falkland oil driller to press on despite Argentina legal threat
LONDON, June 5 (Reuters) - Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands. A group of oil drillers, which also include Premier Oil , Edison, Noble
Read more1 Jun 2015 05:00
RPT-UPDATE 1-Rare run of oil finds is little respite for price-hit explorers
(Repeats May 29 story with no changes) * Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron B
Read more29 May 2015 14:19
UPDATE 1-Rare run of oil finds is little respite for price-hit explorers
* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w (Adds table, corrects spelling in paragraph 18) By
Read more29 May 2015 13:10
Rare run of oil finds is little respite for price-hit explorers
* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron Bousso LONDON, May 29 (Reuters)
Read more