Released : 26 April 2022 12:39

RNS Number : 4001J
Rockhopper Exploration plc
26 April 2022

 

Rockhopper Exploration plc
(“Rockhopper” or the “Company”)

Ombrina Mare Arbitration Update

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that it has been informed that the proceedings related to the Ombrina Mare Arbitration were declared closed in accordance with Rule 38(1) of the ICSID Arbitration Rules on 25 April 2022.

Under the ICSID Arbitration Rules, the Tribunal has 120 days after closing to issue its Award, extendable by 60 days (Rule 46). The Company will update the market in due course.

Enquires:

Rockhopper Exploration plc
Sam Moody – Chief Executive Officer
Tel. +44 (0) 20 7390 0234 (via Vigo Consulting)

Canaccord Genuity Limited (NOMAD and Joint Broker)
Henry Fitzgerald-O’Connor/Gordon Hamilton
Tel. +44 (0) 20 7523 8000

Peel Hunt LLP (Joint Broker)
Richard Crichton
Tel. +44 (0) 20 7418 8900

Vigo Consulting
Patrick d’Ancona/Ben Simons/Kendall Hill
Tel. +44 (0) 20 7390 0234

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No.596/2014 (“MAR”)