Rockhopper Exploration PLC 2023 AR2
The report outlines Rockhopper Exploration plc's strategic and financial progress during 2023, focusing on the Sea Lion oil field development in the North Falkland Basin and the monetisation of the Ombrina Mare arbitration award. Navitas, the operator, refined the Sea Lion Field Development Plan, increasing 2C resources to 791 million barrels and reducing costs to first oil. Financially, the company maintained a strong balance sheet with US$8.0 million in cash at year-end, while keeping recurring corporate expenditure low. Rockhopper also completed its Board succession and continued its commitment to responsible environmental, social, and governance (ESG) practices.
Company: Rockhopper Exploration PLC
Sector: Energy
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 84
Rockhopper Exploration PLC
Report And Accounts
The report outlines Rockhopper Exploration plc's strategic and financial progress during 2023, focusing on the Sea Lion oil field development in the North Falkland Basin and the monetisation of the Ombrina Mare arbitration award. Navitas, the operator, refined the Sea Lion Field Development Plan, increasing 2C resources to 791 million barrels and reducing costs to first oil. Financially, the company maintained a strong balance sheet with US$8.0 million in cash at year-end, while keeping recurring corporate expenditure low. Rockhopper also completed its Board succession and continued its commitment to responsible environmental, social, and governance (ESG) practices.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 21, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees