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Rockhopper Exploration awarded Croatian license


Published Jan 6, 2015
Rockhopper Exploration plc

Rockhopper Exploration has been awarded a 40% interest in offshore Block 9 in Croatia in partnership with Eni (60% interest and operator).

The block is located in the relatively shallow water of the prolific Northern Adriatic gas province and contains the previously discovered Ksenija accumulation along with the Klaudija prospect.

The anticipated work programme consists of seismic acquisition, processing and re-processing during the first exploration phase (3 years) with the drilling of a well in the second exploration phase (if Rockhopper elects to proceed to the second phase).

Signature of a Production Sharing Contract with the Croatian Hydrocarbon Authority must be completed by 2 April 2015.

Tags: Rockhopper Exploration plc




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