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Rose Petroleum declared updated Ryder Scott Mancos resource estimate


Published Nov 10, 2014
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Rose Petroleum plc-3

Rose Petroleum announce that Ryder Scott Company LP (Ryder Scott) has issued its Certified Resource Estimates on the assets recently acquired by Rose in the Cisco Dome Field, located in the Company’s Mancos Development Area in the Uinta Basin, eastern Utah, USA (Cisco).

Highlights

• Ryder Scott’s Best (Mid-Case) Gross Unrisked Prospective Recoverable Resource Estimates for the Mancos on the Cisco acreage is 31.30 MMBO (million barrels of oil) and 187.47 BCFG (billion cubic feet gas)

• These additional Mancos Resources Estimates bring Ryder Scott’s total Best (Mid-Case) Gross Unrisked Prospective Recoverable Resource Estimates for Rose to 517.79 MMBO and 3,090.86 BCFG in its Mancos development area

• Ryder Scott has been instructed to prepare an additional Reserve Estimate on these assets from the existing conventional production which Rose will release during the next quarter

Tags: Rose Petroleum plc




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