18 June 2007
Rockhopper Exploration plc : Preliminary Results for the year ended 31 March 2007
Rockhopper Exploration plc (AIM:RKH), the North Falkland Basin oil and gas exploration company, today announces its preliminary results for the year ended 31 March 2007.
Highlights
 Successful completion of 3D seismic survey
Successful completion of Placing
Integration of 2D and CSEM completed
Positive results on both CSEM surveys
De-risking continues
Moving closer to drilling
Chairman Pierre Jungels commented:
"Rockhopper has made significant progress during the twelve months under review, both in its technical work and also in the continued collection of state of the art exploration data.
"To date, all our technical work points towards a de-risking both of the basin in general and importantly of our 100% operated acreage specifically.
"We have recently seen increasingly strong signs of an improvement in the availability of the type of drilling unit required for our relatively modest water depth. We believe this increases the chance to drill as part of a consortium during 2008."
NB: This statement has been approved by the Company's geological staff who include David Bodecott (Exploration Director), who is a Member of Petroleum Exploration Society of Great Britain (PESGB) and the American Association of Petroleum Geologists (AAPG) with over 30 years of experience in petroleum exploration and management, for the purpose of the Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange in respect of AIM companies, which outline standards of disclosure for mineral projects.
For further information, please contact:
Rockhopper Exploration plc
www.rockhopperexploration.co.uk
Sam Moody – Managing Director 01722 414 419
Teather & Greenwood Limited
Tom Hulme – Corporate Finance 020 7426 9000
Tanya Clarke – Sales
Aquila Financial Ltd
www.aquila-financial.com
Peter Reilly 020 7202 2601
Yvonne Fraser 020 7202 2609
Notes to editors
www.rockhopperexploration.co.uk
The Rockhopper Group started trading in February 2004 to invest in and carry out an offshore oil exploration programme to the north of the Falkland Islands. The Group, floated on AIM in August 2005, is currently the largest licence holder in the North Falkland Basin and has a 100 per cent. interest in four offshore production licences which cover approximately 5,800 sq. km. These licences have been granted by the Falkland Islands government.
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