Rockhopper secures extensions to Falkland Islands licences.
Rockhopper Exploration announced on Friday that the Falkland Islands Government (FIG) had agreed to extend all of its petroleum production licences in both the North and South Falkland Basins.
Rockhopper Exploration
18 October 2024 11:13:24
Source: Sharecast
The AIM-traded firm said the licences would now run until 31 December 2026.
It said the extension followed discussions between Rockhopper and the Falkland Islands Government, securing its continued exploration and development rights in the region for the next two years.
“We are pleased to have extended the licences, enabling us to continue progressing our work in the Falkland Islands,” said chief executive officer Sam Moody.
At 1048 BST, shares in Rockhopper Exploration were up 2.17% at 13.25p.
Reporting by Josh White for Sharecast.com.
N/A
ISIN:
N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes
Compare our accounts
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
