Rockhopper completes Sea Lion oil discovery well offshore Falklands, works toward size estimate

Source: Rockhopper Exploration

Rockhopper Exploration confirmed that well 14/10-2 on the Sea Lion prospect has been successfully suspended for future testing.

The well was drilled to a total depth of 2,744 meters and the duration of the rig hire was 35 days.

Work continues on analysis of the results of the well. The physical samples taken from the well are currently being transported to the United Kingdom by freight plane, and are due to arrive shortly. Based on that timetable, Rockhopper anticipates making a further update within the next 10-15 days at which point it expects to be able to provide initial estimates of the potential size of the discovery.

“The outcome is great news in itself, but it also demonstrates that small operators, with the correct planning by the company, combined with the right support from outside experts and quality contractors, can work to the highest industry standards in terms of health, safety and respect for the environment whilst achieving excellent operational results,” said Pierre Jungels, executive chairman of Rockhopper Exploration. “We can never be complacent in this regard and will seek to maintain this standard with the drilling of our Ernest prospect in the coming months."

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