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NEWS | IN BRIEF
Directors of star-performing oil and gas explorer Rockhopper Exploration yesterday delivered a further vote of confidence in the stock’s potential to continue on its meteoric rise. Aim-listed Rockhopper has been the darling of the junior market recently, having risen almost 800 per cent in value over the past year. Executive chairman Dr Pierre Jungels and non-executive director Chris Walton bought £69,700 and £24,702 worth of shares respectively this week, after the group confirmed that it had hit medium-grade crude oil at its Sea Lion prospect in the Falkland Islands. The shares jumped a further 3.27 per cent yesterday to close the day’s trading at 307.75p.