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Rockhopper Exploration PLC (AIM:RKH) said the value of its interest in the Sea Lion development has risen sharply after an updated independent assessment incorporated more resources and the accelerated development of the field's Central Development Area. It comes as JV partner Navitas is advancing plans to accelerate and expand efforts into the Falklands field's Central Development Area (CDA), with an additional FPSO (floating production storage and offloading) vessel, with a project that Rockhopper recently noted would require additional funding.
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