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Rose Petroleum PLC

Rose Petroleum expands footprint in Paradox Basin with further 'high quality acreage'

Matt Idiens, chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive London's Andrew Scott they've expanded their footprint In the Paradox basin, in Utah, with a deal to acquire around 1,920 acres.

The new acreage was secured through the December 2018 Bureau of Land Management Utah lease sale.

Rose will own 75% alongside partner Rockies Standard Oil Company (RSOC).

Quick facts: Rose Petroleum PLC

Price: £0.02

Market: AIM
Market Cap: £2.61 m
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Significant board changes at Rose Petroleum

Rose Petroleum PLC (LON:ROSE) outgoing CEO Matthew Idiens and new boy on the block Colin Harrington talk to Proactive London about changes to the company's board. Idiens told investors of his intention to step down from his position last week saying he would stay until the company had...

on 28/6/19

2 min read

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