Rockhopper Explora.on PLC Annual General Mee.ng 19th May 2015 1
Rockhopper ExploraAon at a glance Key metrics Market cap at 65p: 285 million 2P reserves: 1 mmboe Cash: 200 million (no debt) 2C con.ngent resources: 182 mmboe P2 prospec.ve resources: 622 mmboe Building a balanced…
Our business model: Building a well-funded, full cycle, exploraAon led E&P company Maintaining balance sheet strength 200m cash and no debt Fully funded through rst phase of Sea Lion development Building a balanced por0olio in…
Track record of success Sea Lion Appraisal Consolidates interests in NFB acreage ExploraAon in NFB commences Following the successful ow test in Rockhopper consolidates its interests in the In February, Rockhopper announced…
Highlights Sea Lion FPSO concept adopted Zebedee oil & gas discovery Isobel opera.ons con.nue Guendalina accelerated Civita on track Ombrina EIA/AIA Croa.a licence award
North Falkland Basin Update
Sea Lion FPSO concept re-selected 70mm JV pre FID spend 2015 Target FEED award mid 2015 Target sanc.on mid 2016 14 development wells 8 producers 5 water injectors Low cost phased FPSO solu.on 1 gas producer / injector…
Zebedee 14/15b-5 Successful Oil & Gas Discovery Well 9
14/20-1 Isobel Deep well update Isobel Deep target 10
Mediterranean Update
Guendalina ProducAon Update Accelera.on of remedial works : GUE 3 SS (short string) s.mulated increasing produc.on from 18 to 75kscm/d1 GUE 3 LS (long string) con.nues to produce at c.115 kscm/d Combined produc.on now averaging…
Ombrina Mare Perminng update : The EIA* and AIA* for the Ombrina Mare Field Development Plan (FDP) were approved by the EIA Commipee of the Ministry for the Environment The decree requires the signature of the Minister of…
Civita Field OperaAons Update Project sanc.oned and contracts awarded Surface facili.es installa.on expected to start mid May 2015 Start-up of pipeline construc.on expected in July First gas an.cipated before year end…
Monte Grosso Undrilled High Value ProspecAvity Civil works to site approved for 2016 EIA for Monte Grosso well being prepared for submission with target spud of 2017 Discussions with partners regarding drilling of well. ENI…
Building our Mediterranean Por0olio CroaAa First Licence Round Rockhopper awarded 40% non-operated interest in Block 9, alongside ENI as operator in Croa.an Hydrocarbon Authoritys (CHA) 1st Licensing round Block located in…
Funding Update* Cash at 31 December 2014 : 200 million NFB well cost es.mated at 50 million gross per well Total net cost to Rockhopper for all four NFB wells c.25 million (ater carries), c.6 million per well 48 million…
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