Rockhopper sticks to 2019 sanction target for Sea Lion
Rockhopper Exploration reported that efforts through year-end will focus on securing the required funding to allow for sanction of Sea Lion phase one in the Falkland Islands that continues to be targeted for mid-2019.
"Work in recent months has focused on the final selection of contractors and the award of LOIs for the provision of key services, including for the FPSO, drilling rig, well services, SURF, subsea production systems and installation services and helicopter services," the company said in an update.
Rockhopper added that the project's final EIS is with the Falkland Islands government.
Phase one looks to develop approximately 200Mb and phase two would recover 300Mb.
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