Rockhopper & Navitas Face Argentine Pushback as Sea Lion FID Approaches
Political noise resurfaces as Navitas and Rockhopper advance toward the final investment decision in the Falklands - how do I analyze the situation?
Rockhopper Exploration (share price: 77.2p), which holds a significant stake in the Sea Lion project, has partnered with Navitas Petroleum (share price: 10,930) to advance development toward a Final Investment Decision (FID). Together, the companies bring financial strength, technical expertise, and regulatory momentum to one of the most anticipated offshore projects in the South Atlantic.
“Rockhopper's share in the project is estimated at 441 million barrels of oil and gas in the reservoir Sea Lion field, partnering with Israeli operator Navitas Petroleum led by Gideon Tadmor.” - BestStocks.info
Before we begin, if you haven’t read my March 2025 analysis on Rockhopper Exploration, I encourage you to review it.
Disclosure: As of the date of writing, I hold shares in Navitas and Rockhopper. The article reflects my personal views and should not be taken as financial advice or a recommendation.
The Argentine government recognizes that the FID for the Sea Lion oil and gas discovery is approaching, and has issued a position paper regarding the project and its partnership with Navitas [𝕏] [Official].
The Falkland Islands are a British territory, and while Argentina faces economic struggles, the islanders could soon have one of the highest GDP per capita levels in the world.