Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that all regulatory consents required for the transaction between the Company, Harbour Energy plc ('Harbour') and Navitas Petroleum LP ('Navitas') as announced on 19 April 2022 (the 'Transaction') have been received from both the Falkland Islands Government ('FIG') and the UK Secretary of State. As part of the Transaction, FIG has agreed to grant a two-year licence extension to all the licences held by Rockhopper in the North Falkland Basin. Accordingly, the licences will now run until 1 November 2024.

The Transaction remains subject to certain other conditions but is expected to formally complete during Q3 2022.

Contact:

Rockhopper Exploration plc

Sam Moody

Chief Executive Officer

Tel: +44 (0) 20 7390 0234

Canaccord Genuity Limited

NOMAD and Joint Broker

Henry Fitzgerald-O'Connor

Gordon Hamilton

Tel: +44 (0) 20 7523 8000

Peel Hunt LLP

Joint Broker

Richard Crichton

Alexander Allen

Tel: +44 (0) 20 7418 8900

Vigo Consulting

Patrick d'Ancona

Ben Simons

Kendall Hill

Tel: +44 (0) 20 7390 0234

The information contained within this Announcement is deemed by Rockhopper Exploration plc to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ('MAR').

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