Rockhopper Explo

Welcome to the official Twitter account of Rockhopper Exploration (AIM: RKH), the oil & gas company with key assets in the North Falkland Basin.

[Rockhopper Explo @RockhopperExplo]

📢Rockhopper is pleased to release its interim results for HY26:

- Operator continues to target first oil for Phase 1 in Q1 2028.

- The updated Sea Lion Independent Reserves report confirmed 2P reserves of 110 mmbbls and 2C resources of 219 mmbbls

- Navitas Petroleum’s acquisition of the OSX-1 FPSO, which was purchased for the Central Development Area has the potential to increase total production to c. 180,000bbls/day, with first oil possible in 2030

- Board strengthened with the addition of William Perry and Barak Mashraki

- Rockhopper is now fully funded through to mid-2028 after the successful placing raise of US$180M and a US$20M Open Offer

🔗View the full H126 results announcement: https://t.co/AAf4cEkOnP

#Rockhopper #RKH #SeaLion #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

@RockhopperExplo announces that the Company has raised approximately US$180 million (approximately £132.4 million) through the placing of 189,210,582 New Ordinary Shares with existing and new institutional investors at a fixed price of 70 pence per share via an accelerated bookbuild.

The Company has also launched an Open Offer to provide qualifying shareholders with the opportunity to subscribe for New Ordinary Shares at the issue price. A circular containing full details of the Open Offer and the expected timetable is today being posted to shareholders and made available on the Company’s website shortly thereafter.

Navitas Petroleum published an update earlier this week confirming it had exercised an option to acquire a second FPSO to accelerate development and subsequent phases of the Sea Lion development beyond Phase 1.

The funding will support Rockhopper in taking up its pro rata ownership of the second FPSO related to Sea Lion, and to meet any associated pre-FID costs.

🔗 : https://t.co/qdpEU8Q31B
🔗 : https://t.co/Sn2NdUXNJc

#SeaLion #Rockhopper #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

@RockhopperExplo PLC is pleased to announce the Board appointments of William Perry as Chief Financial Officer and Barak Mashraki as Independent Non-Executive Director.

William has been acting as Chief Financial Officer in a non-Board role since 2021. A Chartered Accountant, he was previously a senior manager with a portfolio of clients from a range of industries including those in the oil and gas sector.

Barak is an experienced energy, finance, and capital markets executive with over two decades of leadership experience in the oil and gas industry. He also brings extensive relationships across the Israeli institutional investor and capital markets community.

These appointments reflect the new phase of Rockhopper’s development having taken FID at Sea Lion and the increasingly international nature of the shareholder register.

🔗: https://t.co/9SQ3NF3lpr

#Rockhopper #SeaLion #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

Ian Ramsay, CEO of #Navitas Petroleum Development and Production Limited, recently visited the Falkland Islands and sat down with @FalklandsTV to share an update on the Sea Lion development, covering progress to date, the path to production and what the project means for the local community.

Key highlights include:

• Construction of the dock facility commenced late-2025 and is expected to complete in the next four months, with remaining onshore infrastructure on track to complete by early 2027

• Subsea equipment installation is scheduled to commence in mid-2027 and complete by mid-2028

• The Aoka Mizu FPSO is currently undergoing upgrades and is expected to arrive on field by end-2027, with first oil targeted for March 2028

• Navitas is committed to creating employment and training opportunities for the local Falklands workforce, including school leavers

• Regular town halls are planned to keep the local community informed as the project moves towards production

Rockhopper Exploration looks forward to working in partnership with #NativasPetroleum as the Sea Lion development moves from construction to production and delivering first oil.

🔗: https://t.co/16MouZ1CTo

#Rockhopper #SeaLion #FalklandIslands #Navitas #Oil

[Rockhopper Explo @RockhopperExplo]

2025 was a transformative year for @RockhopperExplo and the Sea Lion project in the North Falkland Basin.

Having discovered Sea Lion in 2010 and appraised the field across 2011 as 100% Operator, sanctioning Phase 1 marks the most significant milestone since discovery, moving the project firmly towards first oil in 2028.

Rockhopper is now fully funded following the US$142m placings, oversubscribed open offer of US$9.2m, and US$1.0B of senior debt and Navitas loans, helping insulate against inflationary pressures.

@RockhopperExplo looks forward to continuing its partnership with Navitas Petroleum as development progresses towards first oil and the wider unlocking of the basin’s substantial exploration upside.

🔗 FY25 results announcement: https://t.co/jTeUqrRaju

#Rockhopper #RKH #SeaLion #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

We note the update from our partner and operator Navitas Petroleum regarding progress at Sea Lion in the North Falkland Basin.

Development remains on track, with first oil from Phase 1 still currently expected in H1 2028. Infrastructure works in the Falkland Islands have commenced alongside the manufacturing of long lead items, whilst drilling and completion works remain scheduled to begin in early 2027.

The update also outlines the signing of an MOU for a potential second FPSO, which could accelerate future development phases and increase production capacity subject to definitive agreements.

Encouraging steps forward for the Sea Lion Project 🚀

Click here to read more: https://t.co/jxvxdBdbDW

#Rockhopper #SeaLion #NavitasPetroleum #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

Our partners in the Sea Lion Project – #NavitasPetroleum – have published an updated presentation alongside the announcement of their full year results.

Navitas confirmed in its March 2026 investor presentation that it continues to target first oil for March 2028.

With #SeaLion moving into development, Ian Ramsey, CEO of Navitas Petroleum Development & Production Ltd, shares a comprehensive update on the project’s progress: https://t.co/59ovYgcisT

#Rockhopper #SeaLion #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

Our partner in Sea Lion Navitas Petroleum is enhancing its presence offshore the Falklands, farming in for 65% of Block PL001, directly west of our Sea Lion oilfield that we hold with Navitas.

This is a further commitment to developing a new hydrocarbon hub in the North Falkland Basin.

#Rockhopper #SeaLion #Falklands #Energy #FalklandIslands #NorthFalklandBasin

[Eco Atlantic Oil & Gas @EcoAtlantic_OG]

#ECO is pleased to share that Navitas Petroleum, with whom Eco has signed a Framework Agreement related to several assets, has signed a definitive farm-in agreement with JHI Associates to acquire a 65% working interest in the PL001 North Falkland’s Basin Licence.

Gil Holzman, Eco's President and CEO: "Navitas’ farm-in to this highly prospective field not only strengthens its presence offshore the Falkland Islands but further deepens our relationship, adding further shared acreage as part of our Strategic Partnership. Through our holding in JHI, Eco looks forward to working closely with Navitas to further the development of the licence, as we are doing in both Guyana and South Africa."

Read the full announcement here: https://t.co/YbAVpaljLi

[Rockhopper Explo @RockhopperExplo]

@RockhopperExplo PLC is pleased to announce the appointment of Richard Slape to the Board as a Non-Executive Director, with immediate effect.

Richard has extensive board level experience within the energy sector, having previously spent over 25 years as an oil and gas analyst, before moving into corporate roles within the industry.

Alison Baker, Senior Independent Director, will retire from the Board at the next Annual General Meeting, with Paul Mayland to assume Alison’s position as Senior Independent Director at that point.

🔗: https://t.co/DT6HKZXEuY

#Rockhopper #SeaLion #Falklands #OilDiscovery

[Rockhopper Explo @RockhopperExplo]

#RKH today announces it has taken #FID in relation to #SeaLion Phase 1

✔️#SeaLion Phase 1 sanctioned by #RKH
✔️#NavitasPetroleum, Operator has also sanctioned project
✔️ All approvals and necessary consents received

🔗: https://t.co/PA2RQvYBTm