30 Jun 2015 18:29
Rose Petroleum plc ("Rose" or the "Company")
Total Voting Rights
Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, announces that its issued share capital as at the date of this announcement consists of 2,550,185,127 ordinary shares of 0.1p each with one voting right per share ("Ordinary Shares"). The Company does not hold any shares in treasury. Therefore the total number of Ordinary Shares and voting rights will therefore be 2,550,185,127.
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
**ENDS**
For further information, please contact:
Matthew Idiens (CEO) | Rose Petroleum plc | Tel: +44 (0) 20 7236 1177 |
Jeremy Porter | Allenby Capital | Tel: +44 (0) 20 3328 5656 |
Alex Price | Allenby Capital | Tel: +44 (0) 20 3328 5656 |
Elisabeth Cowell | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Lottie Brocklehurst | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
About Rose Petroleum
Rose Petroleum plc (AIM Ticker: ROSE) is a London-listed, cash generative, multi-commodity resource company focused on developing its US onshore oil & gas portfolio, which are its core operational focus. Importantly, the Company benefits from significant added upside from its existing gold and silver mining and milling operation in Mexico.
The Company has a 75% working interest in certain oil, gas and hydrocarbon leases covering 263,000 gross acres in Grand and Emery Counties, Utah, USA, within the Paradox and Uinta basins. In the Uinta basin, where the Mancos formation is the Company's main target, Rose also owns a gas compression station and gas processing plant as well as 20 producing wells and 32 shut-in wells. Rose benefits from extensive local infrastructure at both project areas.
In May 2014, Rose published the results of its reserve report prepared by Ryder Scott Company on the Mancos and Paradox Oil & Gas Projects. Un-risked Prospective (Recoverable) Hydrocarbon Resources on a Mean Case basis for the collective total Mancos Shale and Paradox Formation combined was 1,825.07 MMBO (million barrels of oil) and 6,447.87 BCFG (billion cubic feet of gas).
The Company has a strong team with an established track record both technically and operationally.
Rose intends to build on these projects to establish a balanced international asset portfolio. For further information please consult the Company's website: www.rosepetroleum.com