Falkland Islands: Rockhopper Spuds 14/10-7 Exploration Well

Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that the 14/10-7 exploration well was spudded at 06:00hrs BST on 22 August 2011. The Well is situated on Licence PL032, which is 100% owned and operated by Rockhopper.

The Well is located approximately 3.3km to the north west of the 14/10-2 discovery well, just outside of the Sea Lion Discovery Area. The Well is designed to investigate reservoir and hydrocarbon presence towards the northern limit of the currently mapped extent of the Sea Lion Main Complex within an area of relatively low amplitudes. Accordingly, the Sea Lion Main Complex will be the only target, with reservoir expected to be thinner than encountered in the 14/10-2 discovery well.

Drilling operations are expected to take approximately 32 days and a further announcement will be made once drilling is completed.

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Source: Rockhopper, August 22, 2011;