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Completion Egerton Acquisition

22nd Dec 2017 07:01

RNS Number : 1377A
RockRose Energy plc
22 December 2017
 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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