Rockhopper Secures Additional Slot on Semisub

Rockhopper has entered into a further assignment agreement to secure an additional well slot on the Ocean Guardian mid-water semisub. The rig has been working for a consortium of operators led by AGR offshore the Falkland Islands since February 2010.

The company will now be able to use the Ocean Guardian for four well slots in succession. Rockhopper's plans for the remainder of 2011 call for the size of the Sea Lion discovery to be determined and additional exploration wells to be drilled.

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