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Pin to quick picksRosebank Regulatory News (ROSE)

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Market Cap: £3.46b
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Interviews with CEO Matthew Idiens

28 Jun 2018 07:00

RNS Number : 8293S
Rose Petroleum PLC
28 June 2018
 

28 June 2018

Rose Petroleum plc

("Rose" or the "Company")

 

Interviews with CEO Matthew Idiens

Rose Petroleum plc (AIM: ROSE), the North America-focused oil and gas company, announces that three interviews with Matthew Idiens, CEO, are available online as set out below. This follows the results of the Competent Person's Report by Gaffney Cline & Associates showing maiden contingent resources in the Paradox Basin, Utah, on Rose's acreage covered by the recently completed 3D seismic acquisition (as announced on 22 June).

 

· Vox Markets, 27 June 2018: https://www.voxmarkets.co.uk/blogs/cadence-kdnc-jubilee-metals-group-jlp-i3-energy-i3e-rose-petroleum-rose/ (Matthew's interview can be found at 38m14s)

· Vox Markets, 22 June 2018: https://www.voxmarkets.co.uk/company/ROSE/multimedia;

· Proactive, 22 June 2018: http://www.proactiveinvestors.co.uk/companies/stocktube/9659/rose-petroleum-announces-cpr-results-for-paradox-basin-in-utah-9659.html

 

Vox Markets provides investors and others with aggregated information from a variety of sources. For the latest on Rose follow 'ROSE' at https://www.voxmarkets.co.uk/company/ROSE/details

 

Proactive Investors is an investor portal providing news, comment and analysis on listed companies. To follow Rose go to http://www.proactiveinvestors.co.uk/LON:ROSE/Rose-Petroleum-PLC

 

 

Contacts:

 

Rose Petroleum plc

Matthew Idiens (CEO)

Chris Eadie (CFO)

 

 

Tel: +44 (0)20 7225 4595

Tel: +44 (0)20 7225 4599

Allenby Capital Limited - AIM Nominated Adviser

Jeremy Porter / James Reeve / Liz Kirchner

 

Cantor Fitzgerald Europe - Financial Adviser and Joint Broker

Nicholas Tulloch

David Porter

 

Turner Pope Investments - Joint Broker

 

Tel: +44 (0)20 3328 5656

 

 

Tel: +44 (0)131 257 4634 Tel: +44 (0)20 7894 7686

 

Andy Thacker

 

Tel: +44 (0)20 3621 4120

 

Media enquiries:

Peter Curtain

 

Allerton Communications

Tel: +44 (0) 20 3633 1730

peter.curtain@allertoncomms.co.uk

 

Notes to editors

 

Rose Petroleum plc (http://rosepetroleum.com) is a North America-focused oil and gas company whose primary asset is approximately 80,000 net acres in the prolific oil and gas producing Paradox Basin in Utah, U.S.A., where it is earning into a 75% working interest. Using high-quality data gathered in a 3D seismic survey completed in October 2017, the Company has identified drilling locations in naturally fractured areas of the Paradox Formation with the intention of commencing a drilling programme in H2 2018.

 

The Company's established management is supported by an expert technical team with extensive experience of the basin, where current operations nearby have proven successful, with significant initial production rates and low decline rates, offering strong economics even in the present oil price environment.

 

The Company's strategy is to grow both organically and through acquisition, identifying additional hydrocarbon assets, conventional or unconventional, that would benefit from the Company's fast-acting, entrepreneurial approach.

 

Rose Petroleum has been quoted on AIM since June 2004.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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