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Last $0.01 USD
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VNHLF On Other Exchanges
As of 8:10 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

rose petroleum plc (VNHLF) Snapshot

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52 Week High
08/28/14 - $0.07
52 Week Low
05/1/15 - $0.01
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rose petroleum plc (VNHLF) Details

Rose Petroleum plc operates as an oil and gas exploration and production company primarily focusing on the U.S. Shale Resource plays. The company has 230,000 acres in 2 active shale plays in the United States; and holds oil and gas licenses covering approximately 1.29 million acres in the states of Baden-Württemberg and Bavaria in southern Germany. It also engages in the acquisition, evaluation, and exploration of gold, silver, uranium, and copper resources in the Unites States and Mexico. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in London, the United Kingdom.

52 Employees
Last Reported Date: 06/3/14
Founded in 2002

rose petroleum plc (VNHLF) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: 64.4K GBP
Chief Operating Officer and Executive Directo...
Total Annual Compensation: 120.6K GBP
Co-Lead Geologist and Director of Exploration
Total Annual Compensation: --
Technical Director and Director
Total Annual Compensation: 2.5K GBP
Co-Lead Geologist
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

rose petroleum plc (VNHLF) Key Developments

Rose Petroleum plc Proposes Amendment of Articles of Association

Rose Petroleum plc announced that it will proposes the articles of association of the company be amended by the deletion of the existing article 15.1 and the insertion of the following new article 15.1 at the General Meeting to be held on 16 June 2015.

Rose Petroleum plc Provides Positive Update on the Core Analysis Results from the State 1-34 Well in the Uinta Basin Acreage in Utah

Rose Petroleum plc provided a positive update on the core analysis results from the State 1-34 well taken within the Mancos Shale interval in the Uinta Basin acreage in Utah. Mancos core analysis results correlate strongly or exceed parameters used by Ryder Scott to calculate the Prospective Recoverable Resources of 709MMbbls oil and 4.26 TCF gas. Results provide increased confidence in horizontal well locations following extensive analysis. Permitting process for six new Mancos wells on-going. First horizontal well to target the Mancos Emery formation, the reservoir or carrier bed - anticipate spudding of first well before year 2015. Locating in the Cisco Dome field will offer cost reductions due to existing infrastructure and gathering system for gas sales. Mancos benefits from a low breakeven price. The State 1-34 well was drilled to a total depth of 3,200ft. The core samples were taken from various locations, mainly targeting the Mancos shale interval which begins with surface exposure and extends to a depth of approximately 1,180 ft in this area. The additional depth drilled beyond the base of the Mancos was only to test the conventional target (Dakota to Entrada) identified below from 2-D seismic data and confirmed through rotary core samples but, as previously announced, was breached with water when completion was attempted. However, within the upper levels of the Mancos away from the conventional targets and within the Mancos shale, two whole cores intervals of 60' and 45' were taken at depths of 570-630' and 720-780'. 37 Mancos rotary core samples were recovered with 13 in the conventional section. Core results matched or surpassed Ryder Scott's parameters for the Mancos Shale resource calculation of 709MMbo and 4.26 TCF gas for key criteria.

John Blair Step Down from the Board of Directors of Rose Petroleum plc

Rose Petroleum plc announced that John Blair has decided to leave the company and has stepped down from the board of directors.


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