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Proactive news snapshot: Seeing Machines, United Oil & Gas, Nektan...
A glance at some of the day's highlights from the Proactive Investors newswire
Company
LON:RKH
Rockhopper is an international oil and gas exploration and production company, incorporated and headquartered in the UK and traded on the AIM Market of the London Stock Exchange. The Company’s key licence interests are in the North Falkland Basin in the South Atlantic.
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A glance at some of the day's highlights from the Proactive Investors newswire
"This is a truly transformational deal for United,” said Brian Larkin, chief executive.
Keith Lough is replacing outgoing non-executive chairman David McManus
The deal agreed between Cabot and Rockhopper in 2017 won't be completed
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A glance at some of the day's highlights from the Proactive Investors newswire
Key contracts have been extended as Rockhopper and Premier Oil work to 'unlock' the Sea Lion field, and, in the meantime, the AIM-quoted firm has been advancing its Egypt portfolio
Drilling operations continue with a view to grow production and increase resources
“With oil prices currently above US$75 per barrel, we are focussing all of our efforts on doing everything possible to allow project sanction to take place next year."
It was another busy week for the oil sector and its constituents.
Finally, the company and its partner Premier Oil appears to be gaining some traction for the Sea Lion field, host to an estimated 517mln barrels of oil
This week saw a UK gas shortage, new discoveries, and share placings
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
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Also featured: Dechra Pharmaceuticals, HemoGenyx, PCG Entertainment, Chariot Oil & Gas Limited, Provident Financial, Hiscox, Collagen Solutions, Summit Therapeutics and Conroy Gold
The deal was agreed in June. Cabot and Rockhopper continue to make efforts to close the transaction
London's blue-chips closed up around 45 points but below the 7,300 level
"We are pleased to be able to start 2018 by reporting on the material progress we have made alongside partner Premier in moving forward many aspects of the Sea Lion project in recent months.”