17th Dec 2007 10:00
Rockhopper Exploration plc17 December 2007 Press Release 17 December 2007 Rockhopper Exploration ("Rockhopper") Rockhopper commissions additional 2D seismic survey Rockhopper Exploration, the North Falkland Basin oil and gas explorationcompany, is pleased to announce that, following the recently completed Ernestsite survey, Wavefield Inseis is to acquire additional 2D seismic over theWeddell prospect and other targets, focusing in the south east of licence PL024. The Weddell prospect, which is located near the Islands in less than 150m ofwater, has been mapped on existing 2D and has an unrisked P50 of 254 millionbarrels of recoverable oil. This survey will allow Rockhopper to refine themapping and to begin to prepare the target for possible drilling. Sam Moody, Rockhopper Exploration's, Managing Director, commented: "Ongoing work on the existing seismic data has identified a number of veryinteresting structures in the south east of licence PL024. We are taking theopportunity while there is a vessel is in the area to acquire further 2D seismicdata which will enable us to take a closer look at Weddell as well as otherstructures in the area." For further information, please contact: Rockhopper Exploration plc www.rockhopperexploration.co.ukSam Moody - Managing Director 01722 414 419 Aquila Financial Ltd www.aquila-financial.comPeter Reilly 020 7202 2601Yvonne Fraser 020 7202 2609 Landsbanki Securities (UK) Limited - Corporate FinanceTom Hulme 020 7426 9000 Notes to editors www.rockhopperexploration.co.uk 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, floated on AIM in August 2005, is currently the largest licence holder inthe North Falkland Basin and has a 100 per cent. interest in four offshoreproduction licences which cover approximately 3,800 sq. km. These licences havebeen granted by the Falkland Islands government. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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