RockRose Energy plc Completion Egerton Acquisition (1377A)
22 December 2017 - 6:01PM
UK Regulatory
TIDMRRE
RNS Number : 1377A
RockRose Energy plc
22 December 2017
22(nd) December 2017
RockRose Energy PLC ("RockRose")
Completion Egerton Energy Ventures Limited ("Egerton")
Acquisition
This announcement contains inside information.
Following receipt of the letter of comfort from the OGA,
RockRose is pleased to confirm completion of the purchase of
Egerton Energy Ventures Limited, including non-operated interests
in the Galahad (27.80%) and Mordred (8.33%) gas fields located in
the Southern North Sea. Post completion of the acquisitions of
Egerton, Sojitz Energy Project Limited and Idemitsu Petroleum UK
Ltd, RockRose will have a projected 5,250 boepd of production in
2018 on an aggregated basis.
Ends
Enquiries:
RockRose Energy plc +44 (0)20 3826 4800
Broker
Hannam & Partners (Advisory) LLP
Giles Fitzpatrick / Andrew Chubb +44 (0)20 7907 8500
Financial PR
Camarco
Billy Clegg +44 (0)20 3757 4980
Georgia Edmonds
Ollie Head
For further information, please visit the Company's updated
website at www.rockroseenergy.com.
Definitions:
OGA Oil and Gas Authority
This information is provided by RNS
The company news service from the London Stock Exchange
END
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