Investor Presentation Building a well-funded, full-cycle, exploration led E&P company June 2016
Strategy building a well-funded, full-cycle, exploration led E&P company Focus on North Falkland Basin (NFB) and Greater Mediterranean Balanced portfolio Building a balanced portfolio across the asset life cycle in core Recently…
Continued delivery against corporate objectives Progress to date 2016 Pre-FEED work completed end 2015 Significant progress Progression of FEED Project entered FEED January 2016 in advancing Sea Significant technical & cost…
North Falkland Basin
Growing our asset base in the Falklands through exploration and acquisition Following the merger with FOGL, Rockhopper has: Consolidated its leading North Falkland Basin acreage position Gained operatorship of licences PL003a, PL003b…
Contingent oil resources 300 MMstb, net to Rockhopper Management Resources utilised 25% RF (Best) 35% RF (High) against ERCE audited STOIIP values Not included in ERCE 2016 Audit: Johnson 2C 64.6 mmboe (GCA 2012) 7 Liz 2C 60.5…
Significant low risk, near field drill ready prospects Notes : Drill target number for reference only no ranking implied, all prospective numbers unrisked Prospects not included in ERCE 2016 Audit (Gross Best): 8 GCA 2012 Audit…
Sea Lion phase 1 development update Collaborative partnership Phase 1 project economics enhanced with falling break- Subsea FPSO even price* InstallaBon c.220 mmbbl from NE & NW areas of PL032 Peak production of c.75,000 bopd 18…
Growing our asset base in Greater Mediterranean Acquisition of Beach Egypt materially increases production Abu Sennan (RKH 22%) Kuwait Energy operator Currently producing 1,000 boepd net Active drilling program to target near-field…
Funding update Cash at 31 December 2015 : 110 million Forecast capital expenditure in 2016 comprises Sea Lion FEED: 20 million Egypt acquisition: c.10 million (before working capital, expected to close mid 2016) Minimal…