RockRose Energy PLC (LSE:RRE) signed a Sales and Purchase Agreement to acquire Cotton gas Field Licence P2341 in the UK from Speedwell Energy Limited on February 4, 2020. The transaction consideration will be paid partly through a limited initial consideration, with the larger part of consideration becoming due at Final Investment Decision. The transaction is subject to the usual regulatory approvals. Giles Fitzpatrick and Andrew Chubb of Hannam & Partners (Advisory) LLP acted as financial advisors to RockRose Energy in the transaction.