Rose Petroleum PLC NAPE Summit Global Business Conference 2018
19 January 2018 - 3:39AM
RNS Non-Regulatory
TIDMROSE
Rose Petroleum PLC
18 January 2018
18 January 2018
Rose Petroleum plc
("Rose", the "Company" or the "Group")
NAPE Summit Global Business Conference 2018
Rose (AIM: ROSE), the AIM quoted natural resources business, is
pleased to announce that it its wholly owned subsidiary, Rose
Petroleum (US) LLC ("Rose US"), will be exhibiting at the 2018 NAPE
Oil and Gas Business Conference being held in Houston, U.S.A. from
6(th) - 9(th) February, 2018.
Rose US will be in booth 2367 at the conference which is being
held at George R. Brown Convention Center, 1001 Avenida De Las
Americas, Houston, TX 77010-6035.
Following the successful completion of its 3D seismic shoot over
its acreage in the Paradox Basin, Utah, the Company will be
exhibiting the Paradox project at NAPE to potential investors and
partners.
The Company will be updating the market shortly with the results
from the interpretation of data from the recent seismic shoot.
Enquiries:
Rose Petroleum Tel: +44 (0)
plc 20 7225 4595
Matthew Idiens (CEO) Tel: +44 (0)
Chris Eadie (CFO) 20 7225 4599
Jeremy Porter / James Allenby Capital Tel: +44 (0)
Reeve / Liz Kirchner Limited 20 3328 5656
Andy Thacker Turner Pope Tel: +44 (0)20
Investments 3621 4120
Media enquiries:
Allerton Communications Tel: +44 (0) 20 3633
1730
Peter Curtain 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 90,000 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 is in the
process of identifying drilling locations, with the intention of
commencing a drilling programme in H2 2018 once necessary permits
have been secured.
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 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 company news service from the London Stock Exchange
END
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