Rockhopper Exploration Share Discussion Threads

[gozzie2] 04/4/2021 13:17

They might have some neighbours soon .Oil and Malvinas, in times of changeNATIONAL Apr 2, 2021?"The energy sector can and should contribute to a national plan for the development of the continental shelf," says Daniela Varela (*). The challenges facing the sovereignty discussion.In recent times, the United Kingdom has made several announcements linked to its illegal activities in the Falkland Islands. They have extended the licenses: Premier Oil Plc, as (illegal) operator of Sea Lion in the North of the Islands, has submitted the environmental impact assessment to the (illegal) government of the Falkland Islands for its development; and has announced the signing of Terms of Reference with Navitas Petroleum, listed on the Tel Aviv Stock Exchange, as a potential partner with a 30% stake in the Sea Lion project.These proposals are accompanied by a comprehensive development plan for the Islands, which would facilitate the arrival of potential workers and their families in the industry; including the construction of homes, shops in Puerto Argentino, improvements in health, education, development of power plants, and, primarily, investments for the development of port infrastructure.What should the Argentine Republic do about it? The licensee companies have been declared -between 2011 and 2015- clandestine by the Secretary of Energy of the Nation and their activities as illegal, because they are operating on the islands, without having obtained the pertinent authorization issued by the competent Argentine authority. Some of them have also been criminally sued.Protests before the United Kingdom and international actions in various international forums must be accompanied by concrete measures for the consolidation of an Argentine strategy oriented towards the South Atlantic. In this framework, it should be noted that, among the three bills related to "the Malvinas question" that President Alberto Fernández has delivered in his inaugural speech to the Legislative Assembly, is the one on the demarcation of the outer limit of the Argentine continental shelf .The project remains to be known, but it is expected that the points and coordinates will be presented according to the work carried out by the Commission for the Limits of the Argentine Continental Shelf (COPLA), which was approved in 2015 by the Commission for the Limits of the Shelf Continental of the CONVEMAR. If so, it will increase legal security, and as the first bidding round in the Argentine offshore was launched in 2019, it will allow the promotion of a new round and the granting of concessions for the exploration and exploitation of hydrocarbons in it.This proposition will not be without challenges, both internal and external. At the national level, it includes the current fiscal and financial restriction, which will affect all planning for the development of logistics and port infrastructure in continental Argentina; as well as the claim of the oil sector, requesting a Creole barrel at 50 dollars (20 dollars above its international value), which would generate an indirect subsidy from consumers to oil companies.?And at the international level, the volatility of the stock markets due to COVID-19 cannot be ignored, added to the lack of agreement within the framework of the Organization of the Petroleum Exporting Countries (OPEC) and Russia on production quotas, which They have caused a drop in the international price of a barrel of crude. Now, it should be added that this drop affects financing, but not necessarily offshore investments. This is so, because unlike unconventional hydrocarbons, offshore development looks more at long-term prices than short-term ones, given that the investments and the yield curve of the field is less decreasing. Therefore, offshore development is an opportunity as a long-term base production, for domestic consumption and export.Finally, it must be remembered that the submerged Argentina is more extensive than the emerged Argentina and from this comprehensive vision think about the relevance of recovering the full exercise of sovereignty throughout the Argentine continental shelf, in accordance with the principles of international law. The energy sector can and should contribute to a national plan for the development of the continental shelf. Through it, it will also be able to improve the trade balance and strengthen Argentina's position in the protection of the seabed, in scientific-technological development, defense and logistics, among others.

[chinahere] 04/4/2021 12:07

Anyone know if Rockhopper or Premier put a price on the Capex for Phase 2 Sea Lion?

[nigoil] 03/4/2021 19:41

6p!...... Eh!

30p.........Soooooooooooooooon!

£2 Target

Simples!......;-)

[bigred10] 03/4/2021 18:39

Looks like Noboil’s constant 30p soon is in fact going to take considerably longer than 8 months. The only chance is a massive arbitration award and that might be far off too. Now proven beyond doubt Noboil thinks she’s a big time Charlie when in fact is an attention seeking buffoon. Even her beatch toenails has given up trying to defend Noboil. About time toenails saw sense even if it took him too long. Simple. Liar. Yes you are.

[gozzie2] 03/4/2021 16:58

Not far off.

[another mushroom] 03/4/2021 16:55

It's like watching them paint the forth road bridge lol.

[gozzie2] 03/4/2021 16:51

All these things have to be reapplied for as the business has fundamentaly changed .Months of discussions. Its like painting the forth bridge ,but they have solved that lol .Let's hope Po0 stays high and gives us a chance .At least the shows not over yet .

[another mushroom] 03/4/2021 16:37

Yes, even if UKEF money isn't required, UK Gov support will be. Hopefully the response to the PIM submitted last year should give them confidence in the likelihood of that.

[gozzie2] 03/4/2021 16:21

They are waiting to find out which projects the Govt will back before the C0P 26 conference is held in November. Let's hope they back it .I thought that was off the table but maybe not .Months of discussions with British and FIG .She mentions a harbour presentation early next year .Will this drift back down .Only OM holding it up .OM and out .I wonder who said that .Irish lol.

[another mushroom] 03/4/2021 15:51

Whilst the merger was good news for RKH holders, it's probably going to set us back a bit. If POO can hold then the best I'm hoping for is a FID by late Q4. Might be wishful thinking on my part though. OM award before Q3 would help a lot.

[gozzie2] 03/4/2021 15:35

F00k all happening for 12 months .Back to the padded cell Emilio son .

[emilio] 03/4/2021 15:08

FOOOOOOOOOOOOOOOOOTZI ?

[gozzie2] 03/4/2021 12:43

He will be saying it for at least another 8 months .Linda Cook tells us nothing is happening, not in weeks or days but months at least .In fact most likely next year .

[bigred10] 03/4/2021 12:32

Noboil aka Pinocchio aka Dr Groucho. 30p eh???? Been saying that for 8 months now. So soon isn’t really soon is it. Simple. Liar. Yes you are.

[nigoil] 03/4/2021 12:01

More sh#t posting from carroteater! The best Ceo is Sam!

6p!...... Eh!

30p.........Soooooooooooooooon!

£2 Target

Simples!......;-)

[s34icknote] 03/4/2021 07:31

120 miilion How many months of free cashflow is that from harbour with current oil price ???

[s34icknote] 03/4/2021 07:29

May be Sam will roll over with a 30 p agreed bid from harbour !!!

[emilio] 03/4/2021 01:54

FOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOTZI ?

[gozzie2] 02/4/2021 20:37

Ovets reading my posts again lolHe forgot Ukef Well done son .

[gozzie2] 02/4/2021 20:33

SteveO great on lse .What a comeback to Ovets .Hes nearly as funny as me. Or is he me lol .

[gozzie2] 02/4/2021 19:47

UKEF .Not sure what Ukek is but they can contribute as well. Every little helps .