Rockhopper Exploration reports big jump in Sea Lion field value
By Benjamin Chiou
Date: Wednesday 26 Aug 2026
(Sharecast News) - Rockhopper Exploration has announced that a new evaluation of its part-owned Sea Lion field in the North Falkland Basin has shown higher estimated volumes and an increased valuation compared with the last report.
The new evaluation, which incorporates the newly accelerated Central Development Area, accelerated development and higher commodity price assumptions, has added $788m to the net present value of its 35% interest in Sea Lion, compared with the last evaluation in December.
Results were reported by an updated independent technical report conducted by Netherland, Sewell & Associates.
The new estimates show 314.2m barrels of proved and probable reserves across the field, 110.0m of which are attributable to RKH's 35% working interest.
That equates to an NPV of $3.34bn across the field, and $1.18bn for RKH's stake.
See the latest RNS on Investegate.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN