FEED Awards for SURF and Flexibles on Sea Lion Development

Thursday 11 February 2016

Rockhopper Exploration plc, the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following update on the Sea Lion development.

Further to the Company's announcement on 13 January 2016, the FEED contract for SURF Transport and Installation has been entered into with Subsea 7. In addition, the FEED contract for Flexibles has been awarded to National Oilwell Varco.

It is expected that the SPS FEED contract will be awarded during Q1 2016.

Samuel Moody, CEO, commented:

"The award of FEED for SURF Transport and Installation and Flexibles to such internationally renowned contractors builds on the momentum of the award of the FPSO FEED contract to SBM earlier this year and demonstrates that, despite the low oil price environment, the Sea Lion project continues to move forward."

Source: Rockhopper Exploration plc

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