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Rose Petroleum provides operational and production update


Published Mar 21, 2014
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Rose Petroleum plc

Rose Petroleum plc announces an update from its oil & gas division and its gold and silver operations in Mexico, which are operated by its wholly owned subsidiary, Minerales VANE S.A. de C.V. (MV), together with an update on the activities of its wholly owned subsidiaries AVEN Associates LLC (AVEN) and VANE Minerals (US) LLC in relation to copper and uranium.

HIGHLIGHTS Oil & Gas

• Completed acquisition of three licences in Germany totalling 1,292,000 acres with oil shows and nearby oil & gas production Post period: •Signed farm-in agreement on significant U.S. shale oil play in Utah, over 195,000 acres in the Uinta and Paradox Basins with nearby oil production

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