Rockhopper Exploration PLC 30 September 2010 AGM Presentation www.rockhopperexploration.co.uk
Rockhopper Falkland Islands Board of Directors Dr. Pierre Jungels, CBE: Executive Chairman PhD Geophysics & Hydraulics, California Institute of Technology Previously at Shell, PetroFina SA, Enterprise Oil Sam Moody: Managing…
Sea Lion Sea Lion Oil Discovery Main fan Overview Sea Lion well spudded on 16 April 2010 and has reached a depth of 2,744 metres Initial logging data confirmed: 53 metres of net pay in multiple zones Average porosity is 19% Logs…
Sea Lion Top oil sand Lowest point of main fan Oil down to level 5
RPS Resource upgrade post well Sea Lion Volumetric estimates RPS Energy estimates as of 3 June 2010*** Background Rockhopper has requested a preliminary volumetric assessment of Oil Initially In Place and estimates of recoverable…
Sea Lion Flow Test Test results Log from Sea Lion well 2 sands flowed Test designed to flow 4 sands, gun misfire caused limited perforation and flow Outcome limited by downhole and surface equipment Not all guns fired Perforated…
Next Steps Technical Operational Re-examine existing 3D in PL032/33 Consider acquiring new 3D seismic Re-examine seismic data in the light of lessons learned from the Sea Lion Ultimate size of Sea Lion fan unknown owing to lack of…
Value Creation 9
Next Steps Financial & Corporate Funding requirements Once work programme is finalised, funding requirement can be calculated All funding options will be considered at the time Listing Status Company is considering a move to main…
Summary Overview Well 14/10-2 Sea Lion oil discovery Successful flow test First oil discovery in the Falklands First flow test in the Falklands First Contingent Resource in the Falklands Best estimate recoverable contingent oil…
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