RockRose Energy plc Completion Egerton Acquisition (1377A)

TIDMRRE

RNS Number : 1377A

RockRose Energy plc

22 December 2017

22(nd) December 2017

RockRose Energy PLC ("RockRose")

Completion Egerton Energy Ventures Limited ("Egerton") Acquisition

This announcement contains inside information.

Following receipt of the letter of comfort from the OGA, RockRose is pleased to confirm completion of the purchase of Egerton Energy Ventures Limited, including non-operated interests in the Galahad (27.80%) and Mordred (8.33%) gas fields located in the Southern North Sea. Post completion of the acquisitions of Egerton, Sojitz Energy Project Limited and Idemitsu Petroleum UK Ltd, RockRose will have a projected 5,250 boepd of production in 2018 on an aggregated basis.

Ends

Enquiries:

   RockRose Energy plc                                          [phone] 

Broker

Hannam & Partners (Advisory) LLP

   Giles Fitzpatrick / Andrew Chubb                          [phone] 

Financial PR

Camarco

   Billy Clegg                                                              [phone] 

Georgia Edmonds

Ollie Head

For further information, please visit the Company's updated website at www.rockroseenergy.com.

Definitions:

 
 OGA   Oil and Gas Authority 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2017 02:01 ET (07:01 GMT)