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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 roughly in line with the numbers that we had expected,” Matthew Idiens said. 

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Price: 1.05 GBX

AIM:ROSE
Market: AIM
Market Cap: £3 m
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Rose Petroleum moving closer to drilling at Paradox Basin

Matthew Idiens, chief executive of Rose Petroleum PLC (LON:ROSE), speaks to Proactive's Andrew Scott following the release of their 2017 results. Idiens describes the past financial year as a period of 'substantial progress’ as they work towards drilling their first well in Utah’s Paradox...

on 6/6/18

2 min read