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Rockhopper Exploration ( (GB:RKH) ) just unveiled an announcement.
Rockhopper Exploration has announced its half-year results for 2025, highlighting a successful capital raise of up to $140 million to fund the first phase of the Sea Lion oil field development. The company has secured its base equity requirement and is optimistic about reaching the Final Investment Decision (FID) by the end of the year. An independent resource evaluation confirms the significant potential of the Sea Lion project, with a valuation of up to $2.3 billion at higher oil prices. The company has also received €31 million in insurance proceeds following the annulment of the Ombrina Mare Arbitration Award and is proceeding with its exit from Italian operations to focus on the Falklands.
The most recent analyst rating on (GB:RKH) stock is a Buy with a £0.90 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 company with significant interests in the North Falkland Basin. The company has been operating offshore the Falkland Islands since 2004 and is focused on the development of the Sea Lion oil field, which is a major asset with substantial resources.
Average Trading Volume: 3,287,885
Technical Sentiment Signal: Buy
Current Market Cap: £472.3M
For detailed information about RKH stock, go to TipRanks’ Stock Analysis page.