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Rockhopper Exploration ( (GB:RKH) ) has shared an announcement.
Rockhopper Exploration has announced its full-year results for 2024, highlighting significant progress in the financing and development of the Sea Lion project. The company has signed a mandate with a leading bank for project financing and anticipates a final investment decision in the second half of 2025. Additionally, Rockhopper is monetizing its Ombrina Mare Arbitration Award and has signed an agreement to dispose of its Italian business, focusing on cost control and strategic growth in its core operations.
The most recent analyst rating on (GB:RKH) stock is a Buy with a £30.00 price target. To see the full list of analyst forecasts on Rockhopper Exploration stock, see the GB:RKH Stock Forecast page.
More about Rockhopper Exploration
Rockhopper Exploration plc is an oil and gas exploration and production company with key interests in the North Falkland Basin. The company focuses on developing its Sea Lion project and has a working interest in oil resources, aiming to expand its operations in the energy sector.
Average Trading Volume: 2,805,688
Technical Sentiment Signal: Buy
Current Market Cap: £361.9M
Learn more about RKH stock on TipRanks’ Stock Analysis page.