Rockhopper Spuds Well at Beverley Prospect



Rockhopper announced that the 14/15-4 well was spudded, by Rockhopper as operator, at 08.15hrs GMT on November 28, 2011.

The Well is situated on License PL004b in which Rockhopper will earn a 60% interest by drilling 14/15-4. The Well is designed to investigate reservoir presence and hydrocarbon charge towards the southernmost mapped limit of the Sea Lion field and is located approximately 12.1 km to the south west of the 14/10-2 discovery well and 6.3 km to the south of well 14/10-9.

The Well is also an exploration well on the Beverley prospect.

The Company intends to drill to target depth ("TD") then subsequently sidetrack to core should significant hydrocarbon charged reservoir be encountered in either the Sea Lion Main Complex or Beverley. Initial drilling and logging operations are expected to take approximately 20 days and a further RNS will be issued prior to commencing any sidetrack.

The Company intends that 14/15-4 will be the final well it operates during the current drilling campaign.


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