Rockhopper divests from Egypt to concentrate in the Falklands' Sea Lion project

CEO Sam Moody said the company is ramping up ahead of the formal loan application for the senior debt element of our core Sea Lion development Oil and gas exploration firm Rockhopper Exploration, with interests in the Falklands and preparing to advance with the Sea Lion project, has agreed to sell its assets in Egypt to United Oil & Gas in a US$ 16m deal. The sale of Rockhopper Egypt includes a non-operated 22% interest in the Abu Sennan concession onshore Egypt and the existing assets of the business.

Rockhopper divests from Egypt to concentrate in the Falklands' Sea Lion project Rockhopper divests from Egypt to concentrate in the Falklands' Sea Lion project Reviewed by Shahid Karimi on July 24, 2019 Rating: 5

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