Rockhopper Exploration plc is an oil and gas exploration and production company with key interests in the North Falkland Basin. The company operates offshore in Falkland Islands' waters and has discovered the Sea Lion oil field, which is in the development stage. Rockhopper's business model focuses on creating value through a full-cycle, exploration-led approach, targeting the development of its oil resources while also engaging in monetization efforts related to arbitration awards.