company traded as lse rkh industry oil and gas industry founded 2004 headquarters salisbury wiltshire united kingdom number of locations falkland islands area served falkland islands key people pierre jungels cbe chairman 1 sam moody ceo services oil exploration and production profit 87.2 m 2010 2 number of employees 13 2 website www.rockhopperexploration.co.uk rockhopper exploration plc lse rkh is an oil and gas exploration company headquartered in salisbury wiltshire united kingdom . it owns offshore exploration and production licences in the north falkland basin in the waters north of the falkland islands . rockhopper is listed on the alternative investment market of the london stock exchange . contents 1 history 2 licences 3 board of directors 4 see also 5 references history edit rockhopper was founded in 2004 to explore for oil and gas in the falkland islands . 3 it received a listing on the aim market in 2005 . 3 on 16 april 2010 rockhopper commenced drilling of its first exploration well 14 10 b subsequently renamed 14 10 2 on its sea lion prospect using the ocean guardian semi submersible drilling rig . on 6 may 2010 the company announced it had made the first oil discovery in the falkland islands in well 14 10 2 . 3 4 an update of the first appraisal drill well 14 10 4 was released in march 2011 indicating a significant reservoir package with a downhole mini drill stem test flowing oil at better rates than in a september 2010 flow test on well 14 10 2 . confidence in the commerciality of the sea lion discovery was increased by this first appraisal . 5 on 27 june 2011 the company announced that its second sea lion appraisal well 14 10 5 flowed at commercially viable rates . 6 in july 2012 rockhopper announced that it had entered into a conditional farm out agreement with premier oil plc whereby premier will acquire 60 % of rockhopper s interests in its north falkland basin licences in exchange for an upfront cash payment of 231m a contribution of 722m to rockhopper s share of the sea lion development costs and a net exploration carry of 48m . rockhopper will be fully funded on its share of the sea lion development through the contribution to costs and standby financing provided by premier . 7 first oil from sea lion is expected in 2020 . licences edit rockhopper holds interests in production licences pl023 pl024 pl032 and pl033 covering approximately 3800 km2 . 8 in 2005 it farmed into licences pl003 and pl004 operated by desire petroleum plc. in 2011 rockhopper increased its share of pl004b from 7.5 % to 60.0 % and in pl004c from 7.5 % to 25.0 % . 9 licence pl004b contains an extension to the sea lion field as well as the beverley casper and casper south discoveries . board of directors edit the rockhopper board comprises eight directors ; a non executive chairman three executive directors and four non executive directors one of whom acts as senior independent director . four of the non executive directors are considered to be independent . the majority of the directors have been with the company since its flotation in 2005 . the board was reorganised in 2010 and two additional non executive directors were appointed . the non executive directors have a range of technical financial legal and operational experience which is relevant to the management of the company . the board is responsible to shareholders for the creation and protection of shareholder value . the board retains full and effective control over the company and it has a schedule of matters reserved for its approval covering strategy key financial and compliance matters significant operational and management matters including hse . there are clearly defined lines of responsibility and executive management has a number of financial and operational responsibilities delegated to it . 10 see also edit energy and minerals in the falkland islands falkland oil and gas which also explores off the coast of the falklands references edit pierre jungels executive profile & biography businessweek . investing.businessweek.com . retrieved 2011 08 04 . a b rockhopper annual report 2010 pdf . retrieved 2011 08 04 . a b c rockhopper exploration company profile . rockhopperexploration.co.uk . retrieved 2011 08 04 . bbc news falklands oil firm rockhopper claims discovery . bbc.co.uk . 2010 05 06 . retrieved 2011 08 04 . appraisal well update pdf . rockhopper exploration plc. 21 march 2011 . retrieved 2011 03 27 . flow test result pdf . rockhopper exploration plc. 27 june 2011 . farm out agreement pdf . rockhopper exploration plc. 12 july 2012 . licences owned by rockhopper for exploration purposes . rockhopperexploration.co.uk . retrieved 2011 08 04 . rockhopper farm in announcement pdf . rockhopper exploration plc. 12 october 2011 . rockhopper directors . v t e energy in the united kingdom companies coal anglo american asia energy bhp billiton enrc glencore rio tinto uk coal oil and gas integrated bg group bp royal dutch shell exploration and production afren bhp billiton cairn energy centrica dana petroleum desire petroleum emerald energy enquest essar energy falkland oil and gas hardy oil and gas jkx oil & gas melrose resources ophir energy perenco premier oil regal petroleum rockhopper exploration soco international star energy tullow oil supply greenergy murco petroleum support abbot group amec ensco expro hunting petrofac qserv score group weir group westerngeco1 wood group utilities generation and supply integrated centrica edf energy1 e.on uk1 rwe npower1 scottish power1 sse generation drax group falck renewables horizon nuclear power1 international power vattenfall united kingdom1 vedanta resources supply the co operative energy ecotricity esb international extra energy firmus energy first utility good energy green energy loco2 energy opus energy ovo energy phoenix natural gas telecom plus distribution electricity electricity north west1 northern powergrid1 sp energy networks1 sse power distribution uk power networks1 western power distribution1 gas firmus energy national grid northern gas networks phoenix natural gas sgn wales & west utilities1 transmission electricity national grid2 scottish hydro electric transmission sp energy networks1 gas national grid other aggreko apx group aquamarine power ecogen enserve geothermal engineering hi gen power mark group wavegen companies with headquarters and or registered office in the uk but no applicable energy operations within the country shown in italics 1ultimate parent company is not uk based 2integrated in the united states no generation or supply activities in the uk energy sources coal coal authority coal fired power stations coal mines coal mining regions confederation of uk coal producers greenhouse gas emissions history miners strike national coal board open pit coal mining electricity association of electricity producers britned east west interconnector energy switching services economy 7 economy 10 electricity billing green 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transport fuel obligation geothermal geothermal power stations hydroelectricity hydroelectric power stations severn barrage wave farms solar power wind power list of offshore wind farms list of onshore wind farms north sea offshore grid wind power in scotland government and regulation organisations carbon trust cenex committee on climate change department of energy and climate change department for environment food and rural affairs energy saving trust environment agency office of gas and electricity markets legislation and initiatives carbon emission reduction target climate change act 2008 climate change agreement climate change levy climate change and sustainable energy act 2006 crc energy efficiency scheme display energy certificate energy act 2013 energy performance certificate fossil fuel levy low carbon building programme national industrial symbiosis programme non fossil fuel obligation planning act 2008 renewable heat incentive renewables obligation united kingdom climate change programme non governmental organisations charities and pressure groups ashden award bioregional campaign against climate change centre for alternative technology national energy action stop climate chaos tyndall centre industry bodies combined heat and power association energy institute energy networks association energy retail association green power forum renewableuk utilities intermediaries association research centre for renewable energy systems technology energy technologies institute hadley centre for climate prediction and research narec oil depletion analysis centre uk energy research centre energy conservation association for the conservation of energy british energy efficiency federation close the door campaign code for sustainable homes double glazing & conservatory ombudsman scheme ecohomes energy efficiency in british housing energy saving trust energy saving trust recommended greenhouse gas emissions htb national home energy rating category commons retrieved from https en.wikipedia.org w index.php title rockhopper exploration & oldid 728505579 categories companies listed on the london stock exchangeeconomy of the falkland islandsoil and gas companies of the united kingdom navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 july 2016 at 21 15 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a 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