Rockhopper Exploration Makes Headway on Sea Lion Project and Streamlines Core Operations

PUBLISHED: 29 May 2025 @ 18:12 | Comments (0) | More info about Fiona Craig

Rockhopper Exploration (LSE:RKH) has reported its full-year 2024 results, marking key advancements in the development of its flagship Sea Lion oil project. The company has secured a mandate with a major financial institution to arrange project financing, with a final investment decision anticipated in the second half of 2025. These steps represent a major milestone in moving Sea Lion toward production.

In parallel, Rockhopper is actively streamlining its operations by monetizing its Ombrina Mare Arbitration Award and entering into an agreement to divest its Italian business. These moves are part of a broader strategy to sharpen operational focus, enhance cost efficiency, and prioritize growth within its core exploration and development assets.

About Rockhopper Exploration

Rockhopper Exploration plc is a UK-based oil and gas company focused on high-impact exploration and development. Its principal asset is the Sea Lion field in the North Falkland Basin, where it holds a significant working interest. The company is committed to unlocking value through strategic partnerships and disciplined project execution within the global energy sector.

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