Rose Petroleum plc

Approval to commence work at site of first Mancos well


Rose Petroleum (Utah) LLC, has received written approval from the State of Utah to commence works at the Cisco State Unit

Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce that its wholly owned subsidiary, Rose Petroleum (Utah) LLC, has received written approval from the State of Utah Department of Oil, Gas and Mining to commence the construction of the drilling pad and road into the 1-34 State well in the Cisco State Unit. Work is scheduled to begin on 8 December 2014. Rose has contracted Hanson Construction to carry out the work. Hanson is a local contractor that has carried out extensive work in the area for a number of other operators.

The 1-34 State well will be Rose's first Mancos well and initiates Rose's development of its Mancos leasehold which consists of approximately 133,000 gross acres. Drilling operations are scheduled to begin later this month.

John Blair, Director of Oil & Gas, commented: "The approval to begin road and site construction at the location of the 1-34 State well marks the first phase of operations in our Mancos development program. Getting the Cisco State Unit formed and our first Mancos well operations underway less than nine months from Rose's initial acquisition of its Utah assets is a tremendous credit to our operations team and we are eager to commence work. We look forward to keeping all stakeholders updated on our future progress at the site."