Rockhopper Exploration Share Discussion Threads

[gozzei2] 03/2/2024 23:50

Anyone fancy a pint?

[gozzie2] 03/2/2024 22:58

Amazing what information you can gain when you are Asia Ridley and as good, looking as I am lol ???Yèeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaàaaa

[gozzie2] 03/2/2024 22:43

#6p and not 44p ???Yèeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaàaaa F00king l0sers ?? LolFACT

[gozzie2] 03/2/2024 22:42

Great find Eh??GOZZIE2 found that Thursday but no longer post ANYTHING of any relevance?He keeps it to himself and doesn't give information to t0ssers lolShame they don't know what my Navitas contact has disclosed??They do laugh at you and not with you ???Ouch ?They will be 4 days behind ?Absolute FACT??Yèeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaàaaa

[gozzei2] 03/2/2024 22:27

Moggy pulling out the big'uns again on LSE: you the governor chum. Nice one.

All the best

[gozzie2] 03/2/2024 18:55

Hes the best though at making money and telling the country FACTS???And these n#tters know that ???

[gozzie2] 03/2/2024 15:50

The British oil company Rockhopper Exploration and the Israeli Navitas Petroleum announced that by March they will submit to the island government the Environmental Impact Assessment (EIA) of the offshore Sea Lion project, located in the North Malvinas Basin, 220 kilometers north of the islands. In 2022, the oil company Navitas was sanctioned by Argentina for operating without authorization from the country, while Rockhopper was already on the list of companies prohibited from exploring and exploiting hydrocarbons in the Malvinas.The companies plan to submit the environmental documentation in the remainder of the first quarter of the year, according to a recent statement, adding that in the remainder of 2024 they will make the final investment decision to develop the Sea Lion project. According to their calculations, the first crude oil production could be by 2026, although after that they will have to drill 11 wells to reach the peak of the first production stage of the project.We do this project collectively. Support El Destape with a click here. Let's keep making history.SUBSCRIBE TO EL DESTAPE The oil companies' announcement came a week after President Javier Milei took a photo with British Foreign Secretary David Cameron at the World Economic Forum in Davos in mid-January. The two had a brief exchange to "strengthen commercial ties", but the historic agenda of claiming sovereignty that Argentina maintains over the Malvinas, South Georgia and South Sandwich Islands was totally excluded.MORE INFOThe construction sector declared a "state of emergency"ConstructionThe construction sector declared a "state of emergency"According to British media such as the Daily Express, Cameron's strategy is to take advantage of Argentina's economic crisis to close the bilateral agenda only to offers of trade agreements and "forget" Argentina's claim to sovereignty. Despite having said in an interview with The Wall Street Journal on January 28 that he wants an "adult" relationship with England, for now it is a question mark what position Javier Milei will take if an English oil project in the Falkland Islands materializes.Oil on the islandsNavitas has been the operator of the Sea Lion project since 2022, when it acquired the 65% that belonged to the English Premier Oil, also sanctioned by Argentina. For its part, the British company Rockhopper, which discovered the deposit north of the Falkland Islands in 2010, holds the remaining 35%. The companies plan to invest $1.2 billion in the project to reach first crude production, according to the statement.In the same text, the oil companies also reported that in the latest estimate made by the firm Netherland Sewell & Associates on the North Malvinas Basin, the calculated resources "increased from 712 million barrels of oil (MMbbls) to 791 MMbbls, which represents an 11% increase."In addition to the submission of the environmental impact study, operator Navitas identified "vessels called Floating Production, Storage and Offloading (FPSO) units already available and we are actively working with industry suppliers to secure the equipment. We continue to target the final investment decision of Sea Lion Phase 1 during 2024 and estimate first oil by the end of 2026."Although Navitas and Rockhopper did not start with the work of exploring offshore hydrocarbons in the Malvinas, what is concrete is that - according to their own announcements - they are getting closer and closer. In addition, in the statement they analyzed that they have an international price of a barrel of crude oil that favors them. According to the oil companies' resource estimation study, the project has a break-even (break-even point) of $25 per barrel, while the international price of crude oil is between US$73 (WTI oil on the New York Stock Exchange) and US$78 (Brent oil, which is quoted in London). Even many market projections maintain that the international price of oil will remain at high levels.In this first stage, Navitas and Rockhopper plan to reach a production of 55,000 barrels per day of oil (bpd) from the drilling of 11 wells. But the full project includes a phase 2 that could reach production of 80,000 bpd with the drilling of 12 additional wells. And a third – and final – stage with a goal of producing up to 200,000 bpd. In comparison, Argentina in 2023 reached a production of around 665,000 bpd.SanctionsSince 2013, Argentina has been implementing sanctions on oil companies that tried to advance in incipient offshore hydrocarbon explorations near the Malvinas. No project so far has been able to move forward, with the exception of Sea Lion, which would be the first to be developed.In total, 10 oil companies have been sanctioned: Rockhopper and Navitas, Falkland Oil and Gas, Borders and Southern Petroleum, Argos Resources, Desire Petroleum, Premier Oil, Noble Energy Falklands Limited, Noble Energy Inc and Edison International.

[gozzie2] 31/1/2024 15:35

CU next Wednesday?

[gozzei2] 31/1/2024 10:17

Mums bin on the phone. . . She's in bits: neighbour, three doors down, found dead in her sleep.
NINTY TWO! That's no age. Another one of Butcher Boris's victims. . .
Foo--kin scandal what's going in this country under the tories, what with all this dying and death. Keith and Angie can't come soon enough. FACT