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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 completed its current transitional period.
Both Rose executives say that the company will continue to evaluate roles and needs at the executive and board levels. It appointed Rick Grant as non-executive director and Harrington explains how Grant was previously chief executive of Suez North America LNG and Suez Global LNG, earning him both the pedigree and experience he now intends to put to good use at Rose.

Quick facts: Rose Petroleum PLC

Price: 1.05 GBX

AIM:ROSE
Market: AIM
Market Cap: £3 m
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Rose Petroleum PLC's (LON:ROSE) Colin Harrington tells Proactive London's Andrew Scott they've signed a Letter of Intent to acquire a 9% interest in shale assets in the prolific DJ Basin in Colorado. There is also an option to increase the working interest to around 80%. A 12-well...

on 4/11/19

2 min read