Sea Lion Oil Development Project UPDATE

Following on from the news that Harbour Energy have pulled out of the Sea Lion hydrocarbons project, Rockhopper Exploration PLC have announced in their half year report that work will continue on the project.

The company are in discussions with others about the potential to join the project in Harbour Energy’s place.

Keith Lough, chairman of Rockhopper Exploration PLC, said in a statement that it was “both a disappointment and an opportunity” that Harbour Energy had decided not to proceed with the project.

Rockhopper continue to pursue the Sea Lion project with a handover process to commence shortly.

Discussions are ongoing with Navitas Petroleum LP regarding its potential entry to the Sea Lion project extension, of the Company’s North Falkland Basin Petroleum Licenses.

Share this

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on whatsapp
Share on email