6th Feb 2006 07:00
Rockhopper Exploration plc06 February 2006 PRESS RELEASE Monday 6 February 2006 Rockhopper Exploration plc Falkland Islands survey programme update Rockhopper Exploration plc ("Rockhopper") is pleased to give the followingprogress report on its Falkland Islands exploration programme: 2D seismic survey: The GSI vessel, the GSI Pacific is now in the FalklandIslands and has commenced the 2D seismic programme of approximately 900km overRockhopper's 100% licences PL023 and PL024. The programme, which should take approximately 4 weeks, will add to the existing1832km of 2D data covering licences PL023 and PL024 on which a number ofprospects and leads have already been identified. Electromagnetic survey: Offshore Hydrocarbon Mapping plc has completed the firstcontrolled source electromagnetic (CSEM) survey over Rockhopper's "J1" prospectin licence PL024. The survey vessel MV Aurelia has moved to the second surveylocation. The processing and interpretation of both the 2D and CSEM surveys is expected totake approximately 3 to 4 months. Pierre Jungels, Rockhopper's Executive Chairman commented: "Together withexisting information, the data gathered from the current seismic and CSEMsurveys will contribute significantly to our understanding of the explorationpotential of our Falkland Islands licences." Ends Contact: Rockhopper Exploration plcSam Moody - Managing Director 01722 414 419 Aquila Financial Ltd [email protected] Reilly 020 7202 2601Yvonne Fraser 020 7202 2609 www.rockhopperexploration.co.uk Notes to editors: The Rockhopper Group started trading in February 2004 to invest in and carry outan offshore oil exploration programme to the north of the Falkland Islands. TheGroup, who floated on AIM in August 2005, is currently the largest licenceholder in the North Falkland Basin and owns a 100 per cent. interest in fouroffshore production licences which cover approximately 5,800 sq. km. Theselicences have been granted by the Falkland Islands government. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Rockhopper