Rockhopper Appoints New CFO

Falkland Islands-focused Rockhopper Exploration announced Thursday that it has appointed Stewart MacDonald as its new Chief Financial Officer.

MacDonald, who will take up his new role on March 10, was previously a director of investment bank Rothschild's global oil and gas group, spending 12 years advising clients in the sector on transactions as well as debt and equity financings.

Rockhopper CEO Sam Moody commented in a company statement:

"I am delighted to announce Stewart's appointment to the role of CFO. He brings a wealth of oil industry experience, and his broad upstream financing knowledge, including project finance and reserve based lending expertise, will be invaluable as we move towards project sanction on the Sea Lion development and look to evaluate further strategic opportunities."

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