Rockhopper Provides Sea Lion Funding Update

Source: www.gulfoilandgas.com 7/30/2019, Location: South America

Rockhopper Exploration plc (RKH), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce that the Preliminary Information Memorandum (PIM), which will form the basis of a loan application for the Sea Lion senior debt project financing, has been submitted to potential senior lenders.

The PIM submission is supported by a comprehensive set of independent expert reports covering the full range of technical, reservoir, HSSE, legal and tax aspects of the Sea Lion project.

As part of the PIM submission process, lender due diligence advisers, including financial and legal advisers have been appointed.

Sam Moody, CEO of Rockhopper, commented:

"The submission of the PIM marks a material milestone in the project financing process for the Sea Lion development. Should the application be well received, we anticipate moving into a phase of detailed lender due diligence and documentation during Q4 2019."


Gabon >>  8/9/2022 - BW Energy is pleased to announce the signing of an up to USD 300 million international Reserve Based Lending (RBL) facility. The funds will initially ...
United Kingdom >>  8/9/2022 - AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced a further update on the red...

Canada >>  8/8/2022 - International Petroleum Corporation (IPC or the Corporation) (TSX, IPCO) is pleased to announce that IPC repurchased a total of 144,000 IPC common sha...
Norway >>  8/8/2022 - The below information is released to provide Magseis Fairfield shareholders updated financial information in connection with the announced voluntary e...

United States >>  8/8/2022 - Invinity Energy Systems plc (IES), a leading global manufacturer of utility-grade energy storage , is pleased to announce the commencement of U.S. tra...
United States >>  8/8/2022 - Diversified Energy Company PLC (LSE: DEC) is pleased to announce its Interim Results for the six months ended 30 June 2022 and other recent highligh...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.