22nd Dec 2017 07:01
22nd December 2017
RockRose Energy PLC ("RockRose")
Completion Egerton Energy Ventures Limited ("Egerton") Acquisition
This announcement contains inside information.
Following receipt of the letter of comfort from the OGA, RockRose is pleased to confirm completion of the purchase of Egerton Energy Ventures Limited, including non-operated interests in the Galahad (27.80%) and Mordred (8.33%) gas fields located in the Southern North Sea. Post completion of the acquisitions of Egerton, Sojitz Energy Project Limited and Idemitsu Petroleum UK Ltd, RockRose will have a projected 5,250 boepd of production in 2018 on an aggregated basis.
Ends
Enquiries:
RockRose Energy plc +44 (0)20 3826 4800
Broker Hannam & Partners (Advisory) LLP
Giles Fitzpatrick / Andrew Chubb +44 (0)20 7907 8500
Financial PRCamarco
Billy Clegg +44 (0)20 3757 4980
Georgia Edmonds
Ollie Head
For further information, please visit the Company's updated website at www.rockroseenergy.com.
Definitions:
OGA
| Oil and Gas Authority |
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