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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rose Petroleum Plc | LSE:ROSE | London | Ordinary Share | GB00BF44KY60 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.475 | 0.45 | 0.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMROSE
RNS Number : 8958L
Rose Petroleum PLC
24 July 2017
Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.
24 July 2017
Rose Petroleum plc
("Rose", the "Company" or the "Group")
Approval for Paradox Basin Seismic survey
Rose (AIM: ROSE), the AIM quoted natural resources business, notes the recent movement in its share price and is pleased to announce an update on the permitting process for its proposed 3D seismic survey in the Paradox Basin, Utah.
Following the completion of the public comment period it was confirmed that no further public comments were received on the Environmental assessment ("EA"), and the Bureau of Land Management ("BLM") has confirmed through its website (formal notice has not yet been received by Rose) that it has now finalised the EA along with the Finding of no significant impact ("FONSI"), Decision Record and that it has approved the Notice of Intent for Rose to conduct the seismic survey. The Company is now awaiting the issue of the final permit.
Matthew Idiens, CEO, commented: "Following the exhaustive permitting process we are delighted to have received this approval from the BLM which is a pivotal moment for the Company."
Further updates will be announced in due course.
Enquiries:
Matthew Idiens (CEO) Rose Petroleum Tel: +44 (0) 20 Chris Eadie (CFO) plc 7225 4595 Tel: +44 (0) 20 7225 4599 ------------------------ ------------------------ ----------------- Jeremy Porter / James Allenby Capital Tel: +44 (0) 20 Reeve / Liz Limited 3328 5656 Kirchner James Pope / Ben Turner Turner Pope Investments Tel: +44 (0)20 3621 4120
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 24, 2017 06:47 ET (10:47 GMT)
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