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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rockhopper Exploration Plc | LSE:RKH | London | Ordinary Share | GB00B0FVQX23 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.75% | 13.40 | 12.90 | 13.90 | 13.80 | 13.25 | 13.80 | 625,931 | 16:35:25 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 652k | 35.55M | 0.0598 | 2.22 | 79.03M |
From May 2019 to May 2024
By Alex MacDonald
LONDON--U.K.-listed oil and gas explorer Rockhopper Exploration PLC (RKH.LN) said Monday that it has been awarded a 40% interest in offshore Block 9 in Croatia in partnership with Italy-based oil major Eni SpA (E), the block's operator with a 60% interest.
The block is located in the relatively shallow water in the Northern Adriatic gas province and contains the previously discovered Ksenija prospect along with the Klaudija prospect.
Rockhopper, which also has interests around the Falkland Islands and the Greater Mediterranean region, said the anticipated work program for Block 9 consists of seismic survey acquisition, processing and re-processing during the first exploration phase, which should last about three years. Rockhopper will then consider whether to take part in the second phase of the project which will involve drilling a well.
Rockhopper, Eni and the Croatian government must complete a Production Sharing Contract by April 2.
Rockhopper has a market capitalization of GBP189 million or $291 million.
Write to Alex MacDonald at alex.macdonald@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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