Rockhopper Provides Update on Ombrina Mare Arbitration

Source: www.gulfoilandgas.com 4/26/2022, Location: Europe

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that it has been informed that the proceedings related to the Ombrina Mare Arbitration were declared closed in accordance with Rule 38(1) of the ICSID Arbitration Rules on 25 April 2022.

Under the ICSID Arbitration Rules, the Tribunal has 120 days after closing to issue its Award, extendable by 60 days (Rule 46). The Company will update the market in due course.


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