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Glossary

Home>Operations>Glossary
GlossaryMariette-JB2016-11-20T10:50:34+00:00
Name Definition
AGM Annual General Meeting
bbl barrel
bcf billion cubic feet
Board the Board of Directors of Rockhopper Exploration plc
boe barrel(s) of oil equivalent
boepd barrel(s) of oil equivalent per day
BOP blow out preventer
bopd barrel(s) of oil per day
Capex capital expenditure
Company Rockhopper Exploration PLC
E&P exploration and production
EIS Environmental Impact Statement
ESA Exploration Study Agreement
ExCo Executive Committee
Farm-in to acquire an interest in a licence from another party
Farm-out to assign an interest in a licence to another party
FDP field development plan
FEED front end engineering and design
FID Final Investment Decision
FIG Falkland Islands Government
FOGL Falkland Oil & Gas Limited
FPSO floating production, storage and offtake vessel
G&A General & Administration expenses
Group The Company and its sunsidiaries
GSA Gas Sales Agreement
HoA Heads of Agreement
HSE health, safety and environment
IAS International Accounting Standard
IFRS International Financial Reporting Standard
JV Joint Venture
kboepd thousand barrels of oil equivalent per day
kbopd thousand barrels of oil per day
KPI key performance indicator
LoI Letter of Intent
LTI Lost Time Incident
LTIP Long Term Incentive Plan
MOG Mediterranean Oil & Gas plc
mmbbls million barrels
mmboe million barrels of oil equivalent
mmscfd million standard cubic feet per day
mscf thousand standard cubic feet
mt metric tonne
NAV net asset value
Premier Premier Oil plc
PSA Production Sharing Agreement
PSC Production Sharing Contract
scm standard cubic metre
SIP Share Incentive Plan
spud to commence drilling a well
STOIIP stock-tank oil initially in place
TSR total shareholder return
2C best estimate of contingent resources
2P proven plus probable
$/US$ United States dollar
WI working interest
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