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.
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