Rose Petroleum plc
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Welcome to Rose Petroleum

Rose Petroleum plc (Ticker: ROSE.L)

Rose Petroleum plc is an AIM quoted multi-asset natural resources business, building on its current projects and establishing a diversified international asset portfolio. Rose is an exploration, development and production company and is currently focussed on two business divisions, with a third in the short term project pipeline: 

Oil & Gas: Paradox Basin, Utah, USA. This division is currently driving forward plans for a 61 sq mile 3D seismic shoot in its project area of approximately 90,000 acres, in which it is earning a 75% Working Interest. The basin has been developed and has significant existing production. The seismic data will be key to unlocking the drill targets as it is a natural fracturing driven basin, which the seismic will identify. 

Mining: Base and precious metals and uranium. The Company is active in Mexico and the USA. The center of its mining effort is Mexico where it is developing joint venture arrangements to optimise its 100%-owned SDA floatation mill to fund projects.

As of early-2016, Rose has also been focussing on a third potential asset; a project in Cuba based around the processing and manufacturing of gypsum and gypsum-based building materials. The company is tendering to become the operator, distributor and manufacturer on the project with an overall profit share.

Our strategy is to add to our project pipeline to add increasing production and cumulative value for shareholders.

Click HERE to hear the latest audio web cast by CEO Matt Idiens

Welcome to Utah Aerial Mancos Flats Interstate and pipelines Railway access Pipeline Nearby infrastructure Bookcliff Mountains Concentrate being loaded for shipment SDA Mill Crushing Circuit Drilling Ops Jan 15 Drilling Ops Dec 14 Night Drilling Vertical Flotation Cell
   

 

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