Falklands oil and gas explorer Rockhopper expects to find a partner to invest in its Sea Lion discovery in three months, according to reports.
The firm’s executives told an investor conference last week that seven or eight companies were interested in bidding, according to investment bank Morgan Stanley, which hosted the conference.
This could see the firm give up operatorship of the field, estimated to contain 1.3billion barrels of oil, if it got a high enough offer.