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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zephyr Energy Plc | LSE:ZPHR | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 2.30% | 4.45 | 4.30 | 4.60 | 4.45 | 4.35 | 4.35 | 3,094,620 | 11:14:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 41.06M | 19.27M | 0.0114 | 3.90 | 75.05M |
TIDMROSE
RNS Number : 3300R
Rose Petroleum PLC
14 June 2018
14 June 2018
Rose Petroleum plc
("Rose", the "Company" or the "Group")
Holding in Company
Rose Petroleum plc (AIM: ROSE), the AIM quoted natural resources business, was informed on 13 June 2018 that Flute Investments Limited now has a total interest in 5,942,419 ordinary shares of 0.1p each in the Company, equivalent to 4.1% of the Company's issued ordinary share capital.
Enquiries:
Rose Petroleum plc Tel: +44 (0) 20 7225 4595 Matthew Idiens (CEO) Tel: +44 (0) 20 7225 Chris Eadie (CFO) 4599 Jeremy Porter / James Allenby Capital Tel: +44 (0) 20 3328 Reeve / Liz Kirchner Limited 5656 Andy Thacker Turner Pope Investments Tel: +44 (0)20 3621 4120
Media enquiries:
Allerton Communications Tel: +44 (0) 20 3633 1730 Peter Curtain peter.curtain@allertoncomms.co.uk
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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June 14, 2018 02:00 ET (06:00 GMT)
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