Rockhopper Completes Farm-in for Falkland Island Licenses

Rockhopper Exploration plc announced on February 14, 2005, that the Company had agreed to farm in to Desire Petroleum plc's Falkland Islands licenses, PL003 and PL004.

The assignment of the 7.5% interest in the licenses has now been completed and Rockhopper now has a net interest in over 5900 square kilometers in the North Falklands Basin.

The Rockhopper Group started trading in February 2004 to invest in and carry out an offshore oil exploration program to the north of the Falkland Islands. The Group, which floated on AIM in August 2005, is currently the largest license holder in the North Falkland Basin. These licenses have been granted by the Falkland Islands government.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Executive Protection Coordinator
Expertise: Risk Management|Security
Location: TX
 
United States Denver: Proposals Specialist
Expertise: Business Development|Marketing|Sales
Location: Denver, CO
 
Landman - Midstream Surface Land
Expertise: Landman
Location: The Woodlands, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours