Rose Petroleum PLC (LON:ROSE)

Rose Petroleum PLC (LON:ROSE)

Share Price
1.25 p
0 (0.00 %)
Market Cap
£2.11 m
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Rose Petroleum PLC


Rose Petroleum plc is an AIM listed multi-asset natural resources company with a team of experts that has successfully navigated the political and environmental landscapes in a diverse collection of regions. Its core asset is a substantial oil and gas acreage position, where a 3D seismic survey targeted a major clastic sandstone play in H2 2017.

Market: AIM:ROSE
52-week High/Low: 4.40p / 1.00p
Sector: Energy
Market Cap: £2.11 m
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Big Picture – A Deep Dive Examination of Rose Petroleum PLC

Rose Petroleum PLC Snapshot


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. Using high-quality data gathered in a 3D seismic survey completed in October 2017, the company has identified 60 drilling locations, with the intention of commencing a drilling programme in H2 2018. The Application for Permit to Drill for the Group’s first proposed well is underway and expected to be granted in Q3 2018.

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 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.



Issued Share Capital:

Number of ordinary shares of 0.1p each in issue: 143.413,940
Number of deferred shares of 9.9p each in issue: 227,752,817
Number of shares held in Treasury: 0

Director and significant shareholdings:

Name Position Number Percentage
Matthew Idiens CEO 1,620,257 1.13%
Philip Jeffcock Director 208,333 0.15%
Chris Eadie Director 771,904 0.54%
City Financial Investor 19,000,000 13.52%
Flute Investments Investor 5,942,419 4.14%

Shares not considered to be in public hands: 15.06%



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