20 Mar 2014 07:00
Rose Petroleum plc (AIM: ROSE)
("Rose" or the "Company")
New Investor Presentation
Rose Petroleum ("Rose"), the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce that its CEO, Matthew Idiens and Head of New Ventures, John Blair, will be presenting at the Proactive Investors One2One Investor Forum later this evening, Thursday 20th March.
The presentation is available for viewing on the Company's website: www.rosepetroleum.com
For further information, please contact:
Rose Petroleum Plc | +44 (0) 20 7225 4595 |
Matthew Idiens | |
CEO | |
Allenby Capital (Nominated Adviser & Broker) | +44 (0) 20 3328 5656 |
Jeremy Porter / Alex Price | |
Lionsgate Communications (Public Relations) | +44 (0) 20 3697 1209 |
Jonathan Charles / Lynn Carratt |
About Rose Petroleum
Rose Petroleum plc (AIM Ticker: ROSE) (formerly VANE Minerals plc) is focusing on developing its oil & gas portfolio, whilst seeking to create value from its historic mining portfolio.
In late 2013, Rose raised additional capital and appointed John Blair as Head of New Ventures, and brought in an in-house technical team including geological and drilling expertise to pursue significant new oil and gas assets.
In January 2014, the Company announced that it had completed the acquisition of three licences in Germany; two licences in Southern Germany covering approximately 635,000 acres with each licence area represented to have at least four target pay zones; and the third licence covering 657,000 acres located in the Weiden Basin (northeast Bavaria).
In March 2014, Rose signed a farm-in agreement under which its newly formed subsidiary, Rose Petroleum (Utah) LLC ("Rose Utah"), can acquire 75% of certain oil, gas and hydrocarbon leases covering approximately 195,000 net acres in Grand and Emery Counties, Utah, USA.
Management intends to build on these initial acquisitions to establish a balanced international asset portfolio.
For further information please consult the Company's website: www.rosepetroleum.com