Rockhopper Exploration plc, Harbour Energy plc and Navitas Petroleum LP have extended the provisions of the signed heads of terms for its licences in the North Falkland Basin.
TRANSACTION
The deal will see Harbour sell its interests, leaving Rockhopper with 35% and Navitas 65% compared with 30% each previously.
Rockhopper today said that the date had been extended from 31 January to 31 March 2022.
The oil and gas exploration and production company added it aimed to sign definitive documentation on the transaction by this date.