Falklands, growing hydrocarbons oil activity and funding for the Sea Lion oil project

Falklands, growing hydrocarbons oil activity and funding for the Sea Lion oil project

Rockhopper Exploration half year results indicate that the UK oil and gas company is more hopeful than ever that a final investment decision will come this year on the Sea Lion oil project in the Falkland Islands, after it secured a successful capital raise of up to US$ 140 milliom. Rockhopper holds a 35% interest in the project with the Israeli operator Navitas Petroleum holding the remaining 65%.