Rockhopper penguin on the islands of Gough and Tristan de Cunha in the Atlantic Ocean and St. Paul and Manchester in the Indian Ocean. The southern rockhopper breeds on the Falkland Islands, Argentina and Chile, with breeding colonies around Cape Horn in South America, and Prince Edward, Marion, Crozet, Kerguelen, Heard, Macquarie, Campbell, Auckland and Antipodes Islands in the southern Indian Ocean. Eastern rockhopper penguins are mostly found breeding on Campbell Island in New Zealand, but their numbers have declined immensely. . Rockhopper penguins usually make their habitat in rocky shorelines. They make nests and burrows in tall grasses called tussocks. The
Rockhopper Exploration viable rates. In July 2012, Rockhopper announced that it had entered into a conditional farm out agreement with Premier Oil plc whereby Premier will acquire 60% of Rockhopper's interests in its North Falkland Basin licences in exchange for an upfront cash payment of $231m, a contribution of $722m to Rockhopper's share of the Sea Lion development costs and a net exploration carry of $48m. Rockhopper will be fully funded on its share of the Sea Lion development through the contribution to costs and standby financing provided by Premier. First oil from Sea Lion is expected in 2020. Rockhopper holds interests