Rose Petroleum plc

Oil & Gas Team Appointment - Head of New Ventures

15-January-2014

Oil & Gas Team Appointment - Head of New Ventures

Rose Petroleum ("Rose"), the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce the strengthening of its Oil & Gas team with the appointment of John Blair as Head of New Ventures with immediate effect.

Mr Blair, who is engaged as a consultant to Rose, has been appointed as Head of New Ventures. John has 27 years' experience in the upstream Oil & Gas industry and was previously Senior Vice President of Knowledge Reservoir, a global Oil & Gas consulting firm, which was sold to the RPS Group in 2013. He founded and was President of three successful private US Independent Oil & Gas companies with significant combined asset values. John has extensive experience in identifying, analysing and negotiating Oil & Gas investment opportunities worldwide and is considered as a recognized expert in both conventional and unconventional Oil & Gas Exploration and Development.

Matthew Idiens, CEO, said: "I am very pleased to announce the appointment of John. He has a huge wealth of experience in the Industry and a strong track record. I look forward to working closely with John and rapidly building on the Company's portfolio through the opportunities that we are actively assessing."