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Birmingham Post
Birmingham Post
Business
Hannah Baker

Oil and gas company Rockhopper strikes deal with Falkland Islands government

Oil and gas company Rockhopper Exploration has agreed a deal with the Falkland Islands government to extend "key licenses" off the coast of the country.

The Aim-listed business, which is headquartered in Salisbury, said on Wednesday (November 30) it would be allowed to extend each of its South Falkland Basin Production licenses, in which the company holds a 100% interest, until December 3, 2024.

The licences were previously due to expire next month. There are no additional licence commitments, the firm added.

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