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  • 2016 for Falklands oil

    Wednesday, 14 September 2011

    ROCKHOPPERExploration has unveiled plans for a $2 billion investment in the Falkland Islands. The company said today (Wednesday) it expected to start pumping oil in 2016 from the Sea Lion discovery made in 2010 and production would ramp up to a maximum of around 120,000 barrels of oil per day by 2018. Rockhopper said its reserves, which it estimated at around 350 million barrels of recoverable o...

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    Categories Main News | News | Oil

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