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Rockhopper bolsters board with appointment of veteran energy executive Richard Slape

Story Highlights
  • Rockhopper appoints experienced energy executive Richard Slape as non-executive director.
  • Board reshuffle strengthens governance as Sea Lion field development gathers pace.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rockhopper bolsters board with appointment of veteran energy executive Richard Slape

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Rockhopper Exploration ( (GB:RKH) ) has provided an announcement.

Rockhopper Exploration has strengthened its board with the appointment of veteran energy executive and former oil and gas analyst Richard Slape as a non-executive director, with immediate effect. Slape, who brings extensive sector and CFO experience from roles at Kistos, RockRose Energy and Lansdowne Oil & Gas, will join the remuneration, nomination, and audit and risk committees, and is set to become chair of the audit and risk committee following the planned retirement of senior independent director Alison Baker at the June 2026 AGM, when Paul Mayland will assume the senior independent director role. The move comes as Rockhopper progresses the sanctioned development of its Sea Lion field in the North Falkland Basin, with the board changes aimed at bolstering financial oversight and strategic governance during a pivotal growth phase for the company.

The most recent analyst rating on (GB:RKH) stock is a Hold with a £76.00 price target. To see the full list of analyst forecasts on Rockhopper Exploration stock, see the GB:RKH Stock Forecast page.

Spark’s Take on GB:RKH Stock

According to Spark, TipRanks’ AI Analyst, GB:RKH is a Neutral.

Overall score is held back primarily by inconsistent financial performance (minimal recurring revenue, volatile profits, and weak operating profitability despite a strong balance sheet) and bearish/soft technical signals (below key moving averages with negative MACD). The main offset is the improved 2024 cash flow and low leverage, but valuation cannot be assessed from the provided data.

To see Spark’s full report on GB:RKH stock, click here.

More about Rockhopper Exploration

Rockhopper Exploration is a UK-based oil and gas exploration and production company focused on the Falkland Islands, holding a 35% interest in licences in the North Falkland Basin. The company is advancing development of the significant Sea Lion oil field, discovered in 2010, and its shares trade on London’s AIM market under the ticker RKH.

Average Trading Volume: 3,589,999

Technical Sentiment Signal: Buy

Current Market Cap: £601M

See more data about RKH stock on TipRanks’ Stock Analysis page.

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