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 PR Camarco Billy Clegg Georgia Edmonds Ollie Head
+44 (0)20 3757 4980
For further information, please visit the Company's updated website atwww.rockroseenergy.com.
Definitions:
OGA
Oil and Gas Authority
This information is provided by RNS
The company news service from the London Stock ExchangeEND
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Rockrose Energy plc published this content on 22 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 December 2017 07:14:03 UTC.
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