LONDON, July 30 (Reuters) -
* Rockhopper Exploration said on Tuesday a Preliminary Information Memorandum, which will form the basis of a loan application for the Sea Lion senior debt project financing, has been submitted to potential senior lenders.
* Premier Oil is Rockhopper’s partner in the Sea Lion project offshore the Falklands Islands.
* “The submission of the PIM marks a material milestone in the project financing process for the Sea Lion development,” Rockhopper said.
* “Should the application be well received, we anticipate moving into a phase of detailed lender due diligence and documentation during Q4 2019.” (Reporting by Shadia Nasralla, editing by Louise Heavens)