Rockhopper considering damages claim against Italy
3rd Feb 2016 15:34
(ShareCast News) - Rockhopper Exploration was facing more disappointment this week, after an about-face of Italian legislation sent its Ombrina Mare exploration project grinding to a halt. The AIM-traded oil and gas exploration and production company said that, further to the announcement on 6 Janua
Read moreRockhopper and Falkland rally on oil discovery
11th Jan 2016 10:04
(ShareCast News) - Oil and gas exploration and production companies Rockhopper Exploration, Falkland Oil and Gas, and Premier Oil issued statements on Monday confirming the discovery of oil at the Isobel deep well, which is on the edge of neighbouring oilfield Elaine in Falkland Islands waters. Rock
Read moreRockhopper Exploration achieves first gas at Civita field onshore Italy
16th Nov 2015 10:43
(ShareCast News) - Rockhopper Exploration said first gas production into the network from the Civita gas field onshore Italy began last Friday. The Civita gas field is located within the Aglavizza production concession and is operated by the company with a 100% working interest. It will be commissio
Read moreRockhopper expects $7m revenue from Italian offshore project
10th Nov 2015 10:24
(ShareCast News) - Oil and gas explorer Rockhopper Exploration said its partner at the Guendalina gas field offshore Italy had successfully completed the drilling of the GU2-Dir A well. Italian energy giant Eni, which owns an 80% stake in the project to Rockhopper's 20%, drilled the well, which is e
Read moreTuesday tips round up: Rockhopper, Esure
11th Aug 2015 10:01
(ShareCast News) - The Times' Tempus said it is hard to see any upside in oil explorer Rockhopper. The above column said Rockhopper's latest buy, two concessions in Egypt, seems a sensible deal. Rockhopper is getting a good price, Tempus said, and the acquisition plus its producing assets in Italy
Read moreMetal Tiger goes for gold at Spanish project
10th Aug 2015 09:06
(ShareCast News) - AIM listed Metal Tiger said it was going for gold as well as tungsten at its joint venture in Extremadura, Spain. Shares in the listed company were down 1.47% to 0.862p at 0824 BST. Metal Tiger said in an update it had spent half or €250,000 of the €500,000 it is required to spen
Read moreRockhopper Exploration gets approval for Ombrina Mare project
10th Aug 2015 08:42
(ShareCast News) - Oil and gas company Rockhopper Exploration has received Italian government approval for its Ombrina Mare project in Italy. Shares in the AIM listed company were down by 1.84% to 59.88p at 0854 BST despite the news of the project's progression. Rockhopper said it has Integrated En
Read moreArgentine judge orders seizure of assets of companies operating in the Falklands
28th Jun 2015 10:13
A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration. The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and
Read morePremier, Rockhopper and Falkland gain on Isobel Deep oil discovery
28th May 2015 07:46
Shares in Premier Oil, Rockhopper Exploration and Falkland Oil & Gas gained on Thursday after the companies announced an oil discovery at the Isobel Deep exploration well in the North Falkland Basin, approximately 30km south of the Sea Lion field. Falkland Oil & Gas and Rockhopper are partners in th
Read moreTuesday broker round-up
7th Apr 2015 11:59
Antofagasta: Jefferies reiterates buy. GlaxoSmithKline: Credit Suisse reiterates underperform and 1440p target. Micro Focus Intl.: Numis reiterates add and ups target price to 1,310p from 1,240p. Rockhopper Exploration: Canaccord Genuity starts coverage at buy and raises target to 190p from 180p.
Read morePremier Oil, Falkland Oil and Rockhopper find oil and gas in Falklands project
2nd Apr 2015 09:31
Oil and gas explorer Premier Oil said it has discovered oil and gas at the Zebedee well in the Falklands Islands. The FTSE 250 group, which owns 36% of the well, said it discovered 81 feet of net-oil net reservoir and 55 feet of net gas-bearing reservoir from the Zebedee well, in which Falkland Oil
Read moreWednesday broker round-up
11th Mar 2015 11:50
Ashtead: Credit Suisse lifts target to 1,300p from 1,220p and reiterates outperform. Cairn Energy: Jefferies lowers target to 172p from 220p and downgrades to hold. RBC downgrades to neutral. Inchcape: Exane BNP reiterates outperform, raises target to 920p from 850p. BG Group: Credit Suisse lowers
Read moreRockhopper gets 40% stake in Croatian offshore block
5th Jan 2015 07:57
Oil group Rockhopper Exploration has been awarded a 40% stake in Block 9 offshore Croatia, joining operator Eni in an area with proven hydrocarbons. After announcing last month that it had applied for acreage in licencing rounds in Croatia, the company will now take part in the first exploration pha
Read moreSunday newspaper round-up: Tesco, Oil explorers, Sainsbury´s
28th Dec 2014 17:17
Tesco is testing a discount format in its One Stop chain, indicating the group could be considering new ways to combat Aldi and Lidl, the Sunday Times said. Three One Stop branches have been trading as discounters with low prices and limited ranges for the past seven weeks. The trial is the idea of
Read moreRockhopper shares soar after Sea Lion development
13th Nov 2014 16:15
Rockhopper Exploration said costs to first oil for the Sea Lion field in the South Atlantic have been reduced. The Falkland Islands oil explorer said costs for the project, which the company runs with partner Premier Oil, are now estimated at under $2bn. However, the target date for first oil produ
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