RNS Number: 1322 F Rose Petroleum PLC 10 July 2019 TR-1: S tandard form for notification of major holdings. 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.
Rose Petroleum Rose has announced that Rick Grant is joining the board as NED, he is Chairman of Origin Creek Energy who have a 15% stake in Rose and that his colleague, Colin Harrington has recently joined the Rose Board as Executive Chairman. Both these guys have exceptional records in the industry, not to mention available cash to invest in Rose. This means that current CEO, Matt Idiens will, after a transition period for the new board members, step down from the company. This is a move that shareholders should appreciate as it sets up Rose for the future as a serious, well funded and managed, Rocky Mountain producer and explorer.
Rose Petroleum Plc (ROSE.L) Announced, in its final results for the year ended 31 December 2018, that operating loss narrowed to $0.7 million from $3.5 million posted in the preceding year. The company’s loss before tax stood at $0.8 million, compared to a loss of $3.5 million reported in the previous year. The basic and diluted loss per share stood at 0.58c, compared to a loss of 6.22c reported in the previous year. Separately, the company announced the appointment of Rick Grant as a Non-Executive Director, effective immediately.
RNS Number: 7364 D Rose Petroleum PLC 28 June 2019 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 No. 596/ 2014. Helen's Place, London EC3A 6 AB. Rose Petroleum plc is a North America- focused oil and gas company whose primary asset...
OCE makes $2-$20 million foundational investments in the domestic US energy sector. During his tenure, Suez LNG grew from an initial US $680 million acquisition of Cabot LNG, into the world's third largest liquefied natural gas business, one active across the entire global natural gas chain from upstream production through to distribution to end-users.
OCE makes $2-$20 million foundational investments in the domestic US energy sector. During his tenure, Suez LNG grew from an initial US $680 million acquisition of Cabot LNG, into the world's third largest liquefied natural gas business, one active across the entire global natural gas chain from upstream production through to distribution to end-users.
RNS Number: 5710 D Rose Petroleum PLC 27 June 2019 27 June 2019. Rose Petroleum plc is a North America- focused oil and gas company whose primary asset is approximately 80,000 net acres in the prolific oil and gas producing Paradox Basin in Utah, U.S.A., where it is earning into a 75% working interest. The CPR estimated a 2 C Contingent Resource, net to Rose, of 9.25 MMBbl...
RNS Number: 8489 A Rose Petroleum PLC 03 June 2019 3 June 2019. Rose Petroleum plc is a North America- focused oil and gas company whose primary asset is approximately 80,000 net acres in the prolific oil and gas producing Paradox Basin in Utah, U.S.A., where it is earning into a 75% working interest. The CPR estimated a 2 C Contingent Resource, net to Rose, of 9.25 MMBbl...
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Rose Petroleum Rose has announced this morning that the subscription of £300,000 has completed and this confirms that Colin Harrington has joined the company as Executive Chairman. This places Rose, finally, in a much stronger position to deliver value from existing assets and may see others being acquired.
Rose Petroleum Plc (ROSE.L) Announced the receipt of £300,000 pursuant to the subscription for 25,000,000 new ordinary shares (the "New Ordinary Shares") at 1.2p per share, details of which were announced on 20 May 2019 (the "Fundraise"). Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is anticipated that the New Ordinary Shares will be issued and Admission will take place on or around 30 May 2019. Upon Admission, the issued share capital of the Company will comprise 168,413,940 Ordinary Shares with one voting right per share. The Company does not hold any shares in treasury. Therefore, following Admission, the total number of Ordinary Shares and voting rights in the Company will be 168,413,940. In addition, the company confirmed the appointment of Colin Harrington as Executive Chairman of the Company, effective immediately.
RNS Number: 0592 A Rose Petroleum PLC 24 May 2019 24 May 2019. Completion of subscription, board appointment and change to total voting rights. Rose Petroleum plc, the AIM-quoted natural resources business, is pleased to confirm the receipt of £300,000 pursuant to the subscription for 25,000,000 new ordinary shares at 1.2 p per share, details of which were...
Rose Petroleum Rose has changed the recent fundraising and Robert Bensh has not invested in the company, instead they have raised £300,000 at 1.2p, a premium to the last raise from Origin Creek Energy. Colin Harrington, the CEO of OCE is also joining the Board of Rose as Executive Chairman. With OCE being a key investor in just the areas that Rose is familiar with in the US and having significant regional and operational expertise Rose can only benefit from the new arrangements.
·OCE is an investment firm focused on foundational public and private investments in the onshore U.S. upstream sector, primarily in the D-J and Marcellus basins;. ·Colin Harrington, who is currently Chief Executive Officer of OCE and has decades of U.S. onshore oil and gas experience, will be joining the Rose Board as Executive Chairman.. Rose has raised £300,000,...
Rose Petroleum Plc (ROSE.L) Announced that it has appointed Tom Reynolds as Non-Executive Director of the company, with immediate effect. Concurrent with Mr Reynolds' appointment, Kelly Scott has stepped down from the Board of the company. He will continue in his Executive role with the company in a non-Board capacity.
Mr Reynolds has held Board seats on various companies listed in London, Oslo and Toronto. He is a non-executive director of AIM listed Solo Oil plc. He was previously CEO of Iona Energy, Inc. and, immediately prior to that, he was CEO of Bridge Energy ASA, which Mr Reynolds grew through a series of acquisitions before listing the group in both Oslo and London, prior to...
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Rose Petroleum plc is a North America-focused oil and gas company whose primary asset is approximately 90,000 net acres in the prolific 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 is in the process of identifying drilling locations, with the intention of commencing a drilling programme in H2 2018 once necessary permits have been secured.

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