Rockhopper Exploration has extended its drill programme on the Falklands basin by signing an assignment agreement to secure an additional well slot on the Ocean Guardian drilling rig.

The company will soon begin drilling the third appraisal, well 14 / 10-06, on the Sea Lion feature, followed by three more wells.

The previously drilled well 14 / 10-05 demonstrated commercial flow rates from the Sea Lion discovery and the current well will be drilled to the west of the discovery.

Rockhopper Exploration chairman Pierre Jungels said that if successful, well 14 / 10-06 will add to the company’s view of a low case scenario of 155 million barrels recoverable.