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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.
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”.