London-listed oil driller suffers sharp sell-off over Milei Falklands threats

cityam09-04 17:51

Milei said the oil field is a "clear danger" (Tomas Cuesta/Getty Images) Rockhopper, an London-listed oil exploration firm, is battling to slow an investor sell-off after Argentina’s president vowed ...

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Something that has never happened before,” he said.Miliband: UK claim to Falklands ‘unwavering’Milei’s hotly-anticipated address has ramped up tensions between Arge","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IXC":"全球能源业ETF-iShares","FTXN":"First Trust Nasdaq Oil & Gas ETF","BK4588":"碎股","PXE":"Invesco Energy Exploration & Production ETF","DIG":"二倍做多美国油气指数","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. 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Something that has never happened before,” he said.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRockhopper and Navitas rushed to soothe investor fears, insisting that they do not expect Argentina’s threats to have a “material effect” on their delivery of oil from the area.\n\nThe oil firms said: “The partnership operates pursuant to valid petroleum licenses lawfully granted to it by the Government of the Falkland Islands, a self-governing UK Overseas Territory, and with the full and ongoing support of the UK Government.“The partnership believes that the recent developments are not expected to have a material effect on the development activities of the Sea Lion Project, including the timetable for completion of the Project’s development.”Rockhopper, which is based in Salisbury, has said it expects to start delivering oil from the Sea Lion project at the start of 2028. It has contributed $350m (£259m) in debt to the project and owns 35 per cent of the venture. \n\nMiliband: UK claim to Falklands ‘unwavering’Milei’s hotly-anticipated address has ramped up tensions between Argentina and the UK, whose control over the territory was last threatened during the 1982 Falklands War.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664833673","isCrawlerRequest":true}