Rockhopper Exploration PLC - Salisbury, England-based oil and gas exploration company with key interests in the Falkland Islands - In December, Rockhopper said it had entered an agreement with a regulated specialist fund for monetisation of an arbitration award. Award, announced in late August 2022, relates to arbitration against Republic of Italy relating to the Ombrina Mare oil field. On Monday, says all conditions for transaction have been satisfied. Adds that tranche one payment is due within five days. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Rockhopper Exploration PLC - Salisbury, England-based oil and gas exploration company with key interests in the Falkland Islands - Notes Navitas Petroleum LP's update on the Sea Lion asset. Says Navitas has identified suitable and available existing floating production storage and offloading vessels, and is actively working with leading industry vendors to secure all long lead equipment, continuing to target Sea Lion phase 1 final investment decision in 2024 and first oil at the end of 2026. Read More
Rockhopper Exploration PLC - Salisbury, England-based oil and gas exploration company with key interests in the Falkland Islands - Enters agreement with a regulated specialist fund for monetisation of an arbitration award. Award, announced in late August, 2022, relates to arbitration against Republic of Italy relating to the Ombrina Mare oil field. Rockhopper will retain legal and beneficial ownership of the award, and the fund will make cash payments in up to three tranches. Will retain around EUR15 million of upfront payment of EUR45 million on completion, due to previous litigation funding agreement in 2017. Read More
(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Rockhopper Exploration PLC on Wednesday appointed Simon Thomson as its new non-executive chair, effective from October 1. Read More
Rockhopper Exploration PLC - Salisbury, England-based oil and gas exploration and production company - Says a provisional stay of enforcement will be lifted provided that it establishes an escrow account within the next five working days. This comes after Italy sought to annul an August 2022 award favouring Rockhopper under the Energy Charter Treaty. This resulted in an arbitration panel saying that Italy had breached its obligations under the award and thus owed Rockhopper EUR190 million in compensation. Read More
(Alliance News) - Rockhopper Exploration PLC on Tuesday reported a double-digit drop in yearly revenue as gas prices interfered with production. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Rockhopper Exploration PLC - Salisbury, England-based oil & gas exploration and production company - Says the International Centre for Settlement of Investment Disputes ruled in its favour in the arbitration proceedings against the Italian government. The panel decides that Italy breached its obligations under the Energy Charter Treaty, entitling the company to compensation of EUR190 million with interest. The award is final and binding on the parties. Expects to keep roughly 80% of the compensation payment, after payment to its arbitration funder, assuming full recovery of the award. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Rockhopper Exploration PLC - Salisbury, England-based oil & gas exploration and production company - Receives valid acceptances for 39.7 million open offer units from qualifying shareholders, representing 67% of the 57.3 million units available. Raises gross proceeds of USD3.4 million, or GBP2.8 million. As a result, it raises USD10.4 million, GBP8.5 million, altogether, in its capital raise. Read More