logo-loader
Energy
viewRose Petroleum PLC

Rose Petroleum assembles top team ahead of Paradox Basin drilling

Matthew Idiens, Chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive's Andrew Scott activity continues apace on the ground in Utah’s Paradox basin and they're expecting to drill the first well in the project later this year.

It comes after Rose increased its footprint in the Paradox basin, and as it continues to earn into a 75% stake in an 80,000 acre area.

Idiens says they've assembled a highly experienced operational team with a successful track record in the region.

Quick facts: Rose Petroleum PLC

Price: 1.475 GBX

AIM:ROSE
Market: AIM
Market Cap: £2.52 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Rose Petroleum PLC named herein, including the promotion by the Company of Rose Petroleum PLC in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Rose Petroleum announces CPR results for Paradox basin in Utah

Matthew Idiens, chief executive officer of Rose Petroleum PLC (LON:ROSE) tells Proactive that the company has presented a new competent person's report (CPR) assessing its Paradox basin in Utah, United States. “We’ve put a lot of effort into the geological assessment and these were...

on 22/6/18

2 min read