Trade Rockhopper Exploration plc - RKH CFD

Rockhopper Exploration Company profile

About Rockhopper Exploration Plc

Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration, appraisal and development of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom. Its exploration and appraisal activity in the North Falkland Basin has centered around licenses PL032 and PL004, which contain the Sea Lion and the Isobel-Elaine fan complexes. The Company has material interests in licenses to the South and East of the Falkland Islands. It has interest in Italian assets, which include Guendalina, Ombrina Mare and Monte Grosso.

Financial summary

BRIEF: For the six months ended 30 June 2021, RockhopperExploration Plc revenues decreased 86% to $347K. Net lossdecreased 99% to $3.3M. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsFalkland Islands segment loss decrease of 100% to $270K,Greater Mediterranean segment loss decrease of 59% to$1.1M.