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)
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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
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Andy Thacker
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Tel: +44 (0)20 3621 4120 |
Media enquiries:
Peter Curtain
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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.