Rose Petroleum PLC Corporate presentation
03 May 2018 - 6:15PM
RNS Non-Regulatory
TIDMROSE
Rose Petroleum PLC
03 May 2018
3 May 2018
Rose Petroleum plc
("Rose", the "Company" or the "Group")
Corporate presentation
Rose Petroleum (AIM: ROSE), the AIM-quoted natural resources
business, is pleased to announce that Mathew Idiens, CEO, will be
presenting at an investor evening hosted by Turner Pope Investments
Ltd ("TPI"). TPI is acting as placing agent in the GBP1m fundraise
announced by Rose on 2 May 2018.
The event will be held on Monday 14 May 2018, in London EC2 and
will commence at 5.30pm.
To register your interest, please email info@turnerpope.com or
call 020 3621 4121.
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 acres in the 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 clastics
formation with the intention of commencing a drilling programme in
H2 2018, once necessary permits and funding 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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAAJMPTMBMMMFP
(END) Dow Jones Newswires
May 03, 2018 04:15 ET (08:15 GMT)
Zephyr Energy (LSE:ZPHR)
Historical Stock Chart
From Apr 2024 to May 2024
Zephyr Energy (LSE:ZPHR)
Historical Stock Chart
From May 2023 to May 2024