CEO’s vision and strategy

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CEO’s vision and strategy 2017-03-17T12:12:24+00:00

Sam Moody

“Rockhopper’s strategy is to build a well-funded full-cycle, exploration led E&P company.

This strategy is underpinned by three core themes: Balanced portfolio in core geographical areas, maintaining balance sheet strength and value accretive exploration.”

Sam Moody, Chief Executive Officer

  • North Falkland Basin (“NFB”) and Mediterranean & North Africa
  • Building a balanced portfolio across the asset life cycle
  • Estimated production of 1,350 boepd in 2016
  • Strong balance sheet – end 2016 cash $80 million
  • Fully funded through Phase 1 of Sea Lion via Development Carry and Standby Loan from Premier
  • Opportunistically seeking to add low-cost, low-commitment production and cash flow
  • Leveraging technical skill set
  • Focus on proven hydrocarbon basins
  • NFB emerging as world class resource with billion barrel potential
  • Exploration opportunities progressing in Italy, Malta and Croatia