Rockhopper says Falklands oil find high quality

British oil company Rockhopper Exploration (RKH.L) reported its controversial drilling program near the Falkland Islands has found high quality oil, boosting its shares for a second straight day.

The press release is quoted as saying:

Rockhopper, which initially announced the discovery on Thursday, said fresh data showed the find was a “high quality reservoir interval with very good porosity and permeability”.

Click here to access the entire press release