South & East Falkland Basin

>>>South & East Falkland Basin
South & East Falkland Basin 2017-04-19T14:04:45+00:00

As a result of the merger with FOGL, Rockhopper now has material interests in licences to the South and East of the Falkland Islands.

At a glance

PL010-PL016

  • 52.50% working interest*
  • Operator – Noble Energy

PL025-PL029

  • 40% working interest
  • Operator – Noble Energy

PL031

  • 40% working interest
  • Operator – Noble Energy

*Rockhopper’s interest in licences PL010 – PL012 and PL016 is 20% below the APX-150 sands (which were located approximately 4,750 metres depth in the Humpback well).

 

Following the results of the Humpback well, Noble Energy and Edison have given notice to withdraw from this acreage (although retain an interest in PL001 in the North Falkland Basin). As a result, Rockhopper expects to become operator of the South and East Falkland Basin acreage with a 100% working interest when the process of assignment is complete. Selective technical work by the Rockhopper sub-surface teamwill continue to establish the remaining prospectivity on the acreage and a decision on whether to extend the current phase of the licences will then be made.