Navitas on track for offshore Falklands Sea Lion farm-in
Nov. 30, 2020
Rockhopper Exploration plc has confirmed that Navitas Petroleum remains committed to its proposed farm-in to the Sea Lion oil and gas project in the offshore North Falkland basin.
(Courtesy Rockhopper Exploration)
Offshore staff
LONDON – Rockhopper Exploration plc has confirmed that Navitas Petroleum remains committed to its proposed farm-in to the Sea Lion oil and gas project in the offshore North Falkland basin.
To complete the merger – and for the new management of the combined entity to take a firm decision on the project – Premier and Navitas have agreed to extend the exclusivity period for the farm-in agreement.
Discussions also continue with the Falkland Islands government on a potential extension to licenses PL004 and PL032, both currently set to expire next May.
